Posted on Saturday, December 21, 2024
As one year ends and a new one begins, Darren Murphy gives his views on the residential property market
Posted on Thursday, December 19, 2024
Christmas and New Year opening hours
Posted on Thursday, December 5, 2024
Two in five new mortgages have lending terms which will run past pension age, data collected by LCP shows.
Posted on Thursday, December 5, 2024
Average rental prices in the UK have dropped for a third consecutive month, this time by -0.6%.
Posted on Thursday, December 5, 2024
England’s rental market cooled further in November, with average rents down 3% during the month and the pace of year-on-year increases falling to a new annual low.
Posted on Thursday, December 5, 2024
Average advertised rent for new properties coming to the market has hit a new quarterly record, according to Rightmove's latest market analysis.
Posted on Thursday, December 5, 2024
Bank of England governor Andrew Bailey expects four interest rate cuts next year if the economy continues to benefit from easing inflation.
Posted on Thursday, December 5, 2024
Mortgage market statistics for November 2024 show purchase mortgage searches were down 11.1% on the previous month, remortgage searches were down 8.6% and buy to let purchase mortgage searches were down 14.60%.
Posted on Thursday, November 28, 2024
Darren Murphy gives his views on the current property market
Posted on Monday, November 18, 2024
Construction output is estimated by the ONS to have increased by 0.8% in the third quarter compared with the second quarter; this came solely from an increase in new work (2.0%), as repair and maintenance fell by 0.6%.
Posted on Monday, November 18, 2024
Although gifting money towards a deposit may seem straightforward, there can be tax implications.
Posted on Monday, November 18, 2024
34% say they plan to sell without undertaking the necessary work needed to meet the new EPC requirements.
Posted on Monday, November 18, 2024
Asking prices for UK homes came under pressure over the last month by more than usual for this time of year, according to the latest Rightmove House Price Index.
Posted on Monday, November 18, 2024
Homebuyers are set to pay 110% more in Stamp Duty by 2030, with receipts jumping from £8.6bn in 2023 to £18.1bn in 2030. This is according to Coventry Building Society’s analysis of the Office for Budget Responsibility (OBR) forecast.
Posted on Monday, November 18, 2024
Nearly half (44%) of prospective first-time buyers (FTBs) are having to delay getting onto the property ladder, in some cases by multiple years, Aldermore reveals.
Posted on Monday, November 11, 2024
The peer-to-peer real estate investment platform suggests that recent optimism in the UK property market could be well-founded.
Posted on Monday, November 11, 2024
There were 93,630 homeowner mortgages in arrears of 2.5% or more of the outstanding balance in the third quarter of 2024, this was 3% fewer than in the second quarter of 2024.
Posted on Monday, November 11, 2024
Landlord profitability has hit its highest level since 2022 despite ongoing challenges in the market.
Posted on Saturday, November 9, 2024
We are delighted to announce that we will be holding a free event where we will be presenting and discussing a series of topics that their research shows landlords and investors are keen to have a better understanding of.
Posted on Thursday, October 31, 2024
Darren Murphy digests the budget announcements and comments on the likely impact on the property market
Posted on Wednesday, October 23, 2024
UK residential sales transactions completed in August were almost 10% higher compared to the same period in 2023, Propertymark August housing report.
Posted on Wednesday, October 23, 2024
Gains in property values remain one of the key factors homeowners consider when deciding whether or not to move.
Posted on Wednesday, October 23, 2024
29% of landlords believe that the new EPC targets are only realistic with government support
Posted on Wednesday, October 23, 2024
Asking prices for newly marketed homes have edged up slightly but by a much lower amount than the seasonal norm, according to the latest market analysis from Rightmove.
Posted on Wednesday, October 23, 2024
In Q2 2024 there were 51,459 new buy-to-let loans advanced in the UK, worth £8.9bn. This was up 26% by number (27.7% by value) compared with the same quarter in 2023.
Posted on Monday, October 14, 2024
House prices are growing overall at a national level for the first time in two years, according to the RICS UK Residential Survey for September.
Posted on Monday, October 14, 2024
Around 3.8 million households could be motivated to move to smaller homes “unlocking capacity in the housing market,” data from Barclays shows.
Posted on Monday, October 14, 2024
New research from Zoopla highlights why we should be paying more attention to floor space and how much it costs when buying a home in the UK.
Posted on Monday, October 14, 2024
The latest data from Legal & General has revealed that improved mortgage affordability and lower interest rates are tempting prospective buyers to purchase their first home.
Posted on Monday, October 14, 2024
Plans to end fixed-term tenancies will drive up rents, according to Propertymark.
Posted on Monday, September 30, 2024
Darren Murphy's gives his views on the current property market ahead of the Autumn statement (budget)
Posted on Saturday, September 28, 2024
Landlords and letting agents must monitor properties more closely and combine regular inspections and proactive ventilation in addition to providing greater levels of education to tenants on the causes of damp and mould, according to inventory specialist, No Letting Go.
Posted on Saturday, September 28, 2024
The number of sales agreed for new build homes has dropped by 21% compared to 2019, according to newly released data from TwentyCi.
Posted on Saturday, September 28, 2024
The Government aims to boost minimum energy efficiency standards for rental properties, bringing all homes up to a decent standard by 2030.
Posted on Saturday, September 28, 2024
According to Aldermore’s latest First Time Buyer Index, nearly half (45%) of first time buyers had to pay both rent and mortgage payments at the same time because they couldn’t align the end of their rental contract with the purchase of their new home.
Posted on Monday, September 9, 2024
37% of Brits expecting an inheritance doubt they can buy a home without before receiving it, according to a new study by Forbes Advisor.
Posted on Monday, September 9, 2024
Average UK house prices edged up further in August following a July rise of 0.9%, according to the latest data released by Halifax.
Posted on Monday, September 9, 2024
Without a little TLC over the colder months, burst pipes, broken boilers, and draughty windows are common problems for many homeowners.
Posted on Monday, September 9, 2024
More landlords are choosing to sell up according to the latest stats released by Rightmove, potentially driven by a predicted Capital Gains Tax hike in next month's Autumn Statement.
Posted on Monday, September 9, 2024
Over-55s currently hold an average of £321,213 worth of equity in their homes
Posted on Monday, August 26, 2024
Darren Murphy gives his views on the current property market
Posted on Monday, August 26, 2024
According to the latest survey conducted by Rightmove, 72% of adults in the UK would be willing to adjust their daily routine for cheaper energy bills. With the energy price cap set to rise by 10% in October 2024, this could mean an annual increase of £558 for households in the least energy-efficient homes.
Posted on Monday, August 26, 2024
The UK’s least energy-efficient homes could see their annual bills jump by £558 following the raising of the energy price cap, data from Rightmove shows.
Posted on Monday, August 26, 2024
The number of homes bought using a Help to Buy ISA has fallen by 14% in the first three months of this year to 9,409, compared to the previous quarter as the scheme continues its “slow death”.
Posted on Monday, August 26, 2024
Off-plan properties are becoming more and more popular for buyers - in fact, the numbers speak for themselves as in 2024, 37% of buyers chose off-plan properties which was up from 35% in 2020.
Posted on Monday, August 26, 2024
Rising financing costs, driven by high interest rates and inflation, have created significant worries for property investors.
Posted on Monday, August 26, 2024
Rental growth in the UK has slowed to its lowest level for 33 months, according to the latest market analysis from property website Zoopla.
Posted on Monday, August 19, 2024
Mould and damp are the biggest property red flags, according to 49% of Brits.
Posted on Monday, August 19, 2024
A fifth (20%) of those in the early stages of buying will now need a guarantor in order to get their foot on the housing ladder.
Posted on Monday, August 19, 2024
The first Bank of England rate cut for four years has led to an immediate upturn in buyer activity, according to the latest Rightmove HPI.
Posted on Monday, August 19, 2024
The number of days to find a buyer has increased across the UK compared with this time last year. However, the time taken between sold subject to contract (SSTC) and completion has reduced, according to the latest data from TwentyEA.
Posted on Monday, August 19, 2024
A new survey from Landbay uncovered the key factors facing landlords as well as their thoughts on the future of the buy-to-let market.
Posted on Thursday, August 8, 2024
Two-bed terraced homes are the fastest-selling property type in England and Wales, with a sale agreed in just 27 days compared to the national average of 32 days.
Posted on Thursday, August 8, 2024
Zoopla's latest data reveals that housing supply is up by 16% with buyers continuing to pay close to asking prices.
Posted on Thursday, August 8, 2024
House prices in the UK went up by just 0.8% on a monthly basis, the latest Halifax House Price Index reveals.
Posted on Thursday, August 8, 2024
Rental yields reported by landlords have reached their highest level since 2014, according to the latest PRS Trends Report from Paragon.
Posted on Thursday, August 8, 2024
New enquiries and house sales remained steady in July, according to the latest residential property survey from the Royal Institution of Chartered Surveyors (RICS).
Posted on Wednesday, July 24, 2024
Private renters have been found to be more satisfied with their accommodation than those in the social rented sector, according to newly published data.
Posted on Wednesday, July 24, 2024
Over a third of portfolio landlords plan to increase the size of their portfolios in 2024, Paragon Bank research has found.
Posted on Wednesday, July 24, 2024
Renters are significantly worse off today than they were a decade ago as salaries have failed to keep up with ballooning rental costs.
Posted on Wednesday, July 24, 2024
Greater support is needed for landlords to invest in good quality homes for the private rented sector, argues Rightmove.
Posted on Wednesday, July 24, 2024
A survey conducted by Firechief Global has revealed that 42% of homes in the UK do not have a carbon monoxide alarm fitted, equivalent to over 1 in 3 homes.
Posted on Wednesday, July 24, 2024
Darren Murphy gives his views on the current property market
Posted on Monday, July 8, 2024
Average UK house prices held steady in June, down by just -0.2% on a monthly basis, with the typical UK home now costing £288,455 compared to £288,931 in May, according to the latest Halifax house price index.
Posted on Monday, July 8, 2024
In the capital, average rents are now £2,652 per calendar month after rising by 4% since last year.
Posted on Monday, July 8, 2024
The North East has performed particularly well achieving a double-digit yield in the second quarter of this year.
Posted on Monday, July 8, 2024
Ben Thompson, Deputy CEO at Mortgage Advice Bureau, shares his top considerations for those thinking of making the move to a smaller property.
Posted on Monday, July 8, 2024
The cost of residential fall-throughs increased by almost 12% during the first quarter of this year, costing UK home sellers £220m.
Posted on Monday, July 8, 2024
New Chancellor Rachel Reeves confirmed that the government will loosen planning restrictions and bring back compulsory housebuilding targets in a bid to build 1.5 million homes over the next five years.
Posted on Thursday, June 27, 2024
Darren Murphy comments a week before the General Election
Posted on Wednesday, June 26, 2024
House prices in June are sticking to predictable seasonal trends and have remained largely flat over the month.
Posted on Wednesday, June 26, 2024
Interest-only homeowner mortgages fell by 5.4% to 664,000 last year compared to 12 months before, the latest data from UK Finance reveals.
Posted on Wednesday, June 26, 2024
31% have made changes to meet market demand, according to Shawbrook's analysis.
Posted on Wednesday, June 26, 2024
At least 18 million homes have an EPC rating of a D or below and need to be improved, according to new analysis from Rightmove.
Posted on Wednesday, June 26, 2024
Over the last five years, the average mortgage payment for a typical first-time buyer home has risen from £667 per month to £1,075 per month, as average mortgage rates have risen and remained elevated.
Posted on Thursday, June 13, 2024
Not understanding the home-buying process and key terms associated with it is putting around 2.2 million potential owners off buying a home, according to new research from Zoopla.
Posted on Thursday, June 13, 2024
The time spent in rental properties by PRS tenants has increased by 12% over the last decade, highlighting the important role landlords play in today’s property market.
Posted on Thursday, June 13, 2024
UK house prices have paused in the lead-up to next month's General Election, down just -0.1% on a monthly basis.
Posted on Thursday, June 13, 2024
Pete Mugleston, Managing Director and mortgage expert at Online Mortgage Advisor, explores the advantages and potential downsides for anyone thinking about taking the next step in their relationship.
Posted on Thursday, June 13, 2024
A new survey has revealed that 81% of British homeowners lack knowledge about the fees associated with buying a home and securing a mortgage.
Posted on Friday, May 24, 2024
Despite the government's decision to scrap the proposed EPC legislation targets for rental properties set for 2025, landlords are still prioritising EPC rating improvements.
Posted on Friday, May 24, 2024
More than three in five (61%) UK homeowners – equivalent to 18.7 million people – are interested in releasing money from their home in later life to meet a range of financial needs, according to new findings from the Equity Release Council (ERC).
Posted on Friday, May 24, 2024
The highest yields of 7.0% have been achieved by landlords in the North East and also those with HMOs
Posted on Friday, May 24, 2024
The highest yields of 7.0% have been achieved by landlords in the North East and also those with HMOs
Posted on Friday, May 24, 2024
The average price of property coming to the market hit a record of £375,131, an increase of 0.8% (£2,807) from the month prior, the latest house price index from Rightmove reveals.
Posted on Friday, May 24, 2024
63% of property investors polled by Handelsbanken have indicated that they will purchase residential flats in the next twelve months.
Posted on Tuesday, May 14, 2024
A higher proportion of younger house buyers think energy efficiency improvements will increase the value of their home over time.
Posted on Tuesday, May 14, 2024
Foundation Home Loans Q1 research has discovered that large numbers of landlords have renegotiated mortgage finance, increased rent, or even sold property to combat rising costs.
Posted on Tuesday, May 14, 2024
The huge swings seen between house price gains and reductions across the UK since the market peaked in 2022 highlight the importance of local agent knowledge when selling your home, according to GetAgent.
Posted on Tuesday, May 14, 2024
Overall buy-to-let product availability (fixed and variable) rose month-on-month, albeit marginally (39 deals). This comes after a reduction in choice of 276 deals between the start of 2024 and the beginning of February, which was the biggest monthly drop since June 2023.
Posted on Tuesday, May 14, 2024
Annual house prices in England and Wales fell 2.9% in the year to April, according to the latest data from chartered surveyors e.surv.
Posted on Tuesday, May 14, 2024
The number of new homes being built continues to fall, but there are tentative signs this could be reversing, with the number of new build registrations rising month on month in the first quarter of this year.
Posted on Tuesday, April 23, 2024
Darren Murphy reports on the use of AI and the local property market
Posted on Tuesday, April 23, 2024
Renters are significantly worse off today than they were a decade ago as salaries have failed to keep up with ballooning rental costs.
Posted on Tuesday, April 23, 2024
Asking prices are inching closer to a new record following a strong start to the year for larger homes.
Posted on Tuesday, April 23, 2024
The latest analysis from e.surv, which examines the considerations and strategies used by UK first-time buyers, has found that affordability issues are seeing many opt for smaller homes.
Posted on Tuesday, April 23, 2024
The volume of lending to first-time buyers almost doubled year-on-year in February to £11bn, compared to £5.6bn in the same month last year.
Posted on Tuesday, April 23, 2024
Ben Thompson, Deputy CEO at Mortgage Advice Bureau, looks at other ways parents could help their children get onto the property ladder beyond gifted deposits.
Posted on Tuesday, April 23, 2024
The analysis of ONS data has revealed an £863 per year surge in the cost of owning and running a home in the UK.
Posted on Monday, April 22, 2024
You could be forgiven for thinking that buying a brand-new home means that it is flawless. However, newly-built properties are notorious for their minor defects or “snags” caused by poor workmanship or sub-par equipment.
Posted on Monday, April 22, 2024
New-build house price premiums have risen to a ten-year high following four consecutive years of decline.
Posted on Monday, April 22, 2024
Glynn Williams, UK country director at energy solutions provider, Grundfos, looks at the energy upgrades that landlords can and should make to their properties.
Posted on Monday, April 22, 2024
The latest data released by NatWest and S&P Global shows that renters are in fear of rising monthly payments with a majority looking to landlords to make green changes to their property and reduce the financial burden.
Posted on Monday, April 22, 2024
The energy performance of properties in the PRS now outperforms that of owner-occupied homes, according to government data.
Posted on Monday, April 8, 2024
Nationwide's latest data shows that house price growth momentum is continuing to build as cost of living pressures finally begin to ease.
Posted on Monday, April 8, 2024
Existing homes are still struggling against the current market headwinds, according to new research.
Posted on Monday, April 8, 2024
Despite the government rolling back on energy efficiency targets for Buy to Let (BTL) properties last year, it's still on the radar for a large number of landlords ahead of an investment.
Posted on Monday, April 8, 2024
UK house prices grew in March on a quarterly basis, by 2.0%, with annual growth slowing to 0.3%, from 1.6% in February.
Posted on Monday, April 8, 2024
The positive start to the year continues, according to the latest figures from Rightmove, with average prices of newly marketed properties rising by 1.5% this month to £368,118.
Posted on Monday, April 8, 2024
Thursday 28th March saw a 45% rise in the number of new sellers coming to market compared to a week earlier, according to Rightmove.
Posted on Monday, April 8, 2024
Beyond the purchase price of your new home, there are a number of 'hidden' expenses that can quickly turn your dream home into a financial nightmare.
Posted on Friday, March 22, 2024
Darren Murphy gives his views on the Easter property market
Posted on Friday, March 22, 2024
The latest market insight from Uswitch has revealed that almost half of first-time buyers purchased their property with help from a government scheme.
Posted on Friday, March 22, 2024
The dramatic rise in demand signals a more robust market and a much-welcome return of optimism for 2024.
Posted on Friday, March 22, 2024
82% of current buyers say that now the Spring Budget has come and gone, they plan to ramp up their search for a new home.
Posted on Friday, March 22, 2024
The Government continues to collect a record amount from inheritance tax, according to the latest data released from HM Revenue & Customs.
Posted on Friday, March 22, 2024
Stamp duty receipts slumped 23% to £13.8bn between last April and February in England compared to the same period a year ago, according to official data.
Posted on Friday, March 22, 2024
Housebuilding starts fell 16% in the three months to February, despite an overall rise in planning approvals across the construction sector.
Posted on Friday, March 8, 2024
Average monthly UK rents in the UK rose 0.2% to £1,262 in February from the previous month, following a quarter of falls, HomeLet data shows.
Posted on Friday, March 8, 2024
Uncertainty in the mortgage market has seen sellers prepared to stretch even further for a cash buyer.
Posted on Friday, March 8, 2024
38% of landlords would like to expand their property portfolio in the next twelve months, according to a recent survey by Lendlord.
Posted on Friday, March 8, 2024
Property developers can achieve significant price premiums for residential developments by incorporating the most sought-after design features into their architectural plans.
Posted on Friday, March 8, 2024
20% of over-55s do not expect to retire mortgage-free, according to new findings from the Equity Release Council.
Posted on Friday, March 8, 2024
New research highlights six key indicators of a “problem property” with varying severity, what impact they can have on the value of a home and what this equates to in the current market.
Posted on Friday, March 8, 2024
Local councils granted 8,100 residential applications in the final three months of last year, down 8% from the same quarter a year ago, official data shows.
Posted on Tuesday, February 27, 2024
Darren Murphy gives his views on the current property amrket
Posted on Friday, February 23, 2024
Property lender, Together takes a look back to the 1970’s property market and highlights how the first-time buyers of that era are now helping their children to get onto the property ladder.
Posted on Friday, February 23, 2024
A new survey conducted by Total Landlord has revealed that 71% of landlords commit to responding to tenants within 24 hours - up from 57% a few years ago.
Posted on Friday, February 23, 2024
The recent rise in mortgage lending is being driven by a significant increase in remortgage activity, according to the latest analysis of Bank of England data.
Posted on Friday, February 23, 2024
The latest market analysis released by Essential Information Group has revealed positive momentum in the UK property auction market during October.
Posted on Friday, February 23, 2024
Just Mortgages' new build division has reported a bumper start to the year, with new build leads and enquiries up 40%.
Posted on Friday, February 23, 2024
As a landlord, you're always looking for ways to maximize your investment and make your property stand out from the competition. Adding value to your buy-to-let property is a smart way to increase your rental income and attract higher-quality tenants. Here are some tips from Lendlord to help you add value to your buy-to-let property.
Posted on Saturday, January 27, 2024
Darren Murphy gives his views on the current residential property market
Posted on Tuesday, January 23, 2024
We are delighted to announce that Elmer George has been promoted to Residential Sales Manager with effect from 1 st January 2024.
Posted on Tuesday, January 23, 2024
The vast majority of portfolio landlords have purchased property in the last six months, according to newly released data.
Posted on Tuesday, January 23, 2024
Only a third of landlords intend to sell some property, according to the latest Landbay survey.
Posted on Tuesday, January 23, 2024
Home improvements continued to be the primary reason for new equity release customers, data from Legal & General Home Finance shows.
Posted on Tuesday, January 23, 2024
GetAgent.co.uk offers eight achievable home renovation ideas that will add value to your property ahead of putting it on the market this year.
Posted on Tuesday, January 23, 2024
The December 2023 RICS UK Residential Survey shows activity picking up, and an improvement on November’s figures as the trend towards lowered mortgage rates continues.
Posted on Tuesday, January 23, 2024
Landlord investors are continuing to benefit from high levels of tenant demand and steady rental yields, according to the findings of newly released research undertaken on behalf of Foundation Home Loans.
Posted on Tuesday, January 23, 2024
Almost half (45%) of first-time buyers purchased their property with help from a government scheme.
Posted on Wednesday, January 10, 2024
Average rates on two- and five-year fixes have been falling this new year as lenders compete on price, the latest data from Moneyfacts shows.