Featured
Outstanding mortgage values hit 10 year high
The money owed as a result of mortgage borrowing in the past 10 years, homebuyers have never been deeper into the bank’s back pocket.
Research
Lead Story
Average house price up almost 10% to £274,000 – ONS
The average price for a home in the UK increased by £24,000 in the year to January reaching £274,000, according to the ONS.
Lead Story
Record fuel prices are fastest growing concern for property developers as a third see projects put on ice amid cost inflation
Spike in fuel prices triggered by the war in Ukraine is the fastest rising worry for property developers, new research has found.
Featured
Buying almost £1400 cheaper than renting
The monthly housing costs for first-time buyers are now £115 (13%) lower than the cost of renting an equivalent home.
Residential Mortgages
The most stressful things about buying a home revealed
The most stressful things about buying a home - 4 in 10 say buying a house is one of the most stressful life events they’ve experienced.
Lead Story
Self-employed clients prove the hardest for brokers to place
Mortgage applications for self-employed clients and contractors are the most problematic, according to research by cherryplc.co.uk.
Estate Agents
Housing supply bounces back with spring in sight
The average number of properties listed per Propertymark member agent branch increased by 21% in February.
Featured
New-build values rebound above pre-recession levels in all but two areas
Research found that the average new-build now commands a price tag of £358,543 some 60% more than pre-recession levels.
News
Rising costs of everyday items a major concern for those underserved by mortgage market
new research from Bluestone Mortgages reveals that rising living costs are the top financial concern for those traditionally underserved by the mortgage market.
Buy-to-let Mortgages
Tenant demand climbs across the London rental market
In terms of highest demand currently, Bexley (59%), Lewisham, Bromley, Sutton and Waltham Forest (54%) rank top.
News
Purchasing a property more stressful than Covid and Brexit
85% of recent homebuyers experienced some degree of stress when moving home - with 27% stating the process was very stressful.
Featured
Buyer demand for chain-free homes at bursting point as sales value rises 43%
Demand for chain-free homes has gone through the roof with buyers happy to pay a significant premium for a fast, efficient purchase.