3+ day, 19+ hour ago   (516+ words) Regionally, we are seeing a consistent year-on-year house price increase in England currently, hovering around +2% per year, but this month we are seeing quite a slowdown for Wales and Scotland, which last month were seeing rises over 4%. This growth has…...

5+ day, 12+ hour ago   (297+ words) The total amount of mortgages approved is up 11% on the first three months of the year, new Bank of England figures reveal. At £77.4billion for the three months from April to June, the amount is also 31.7% higher than the same period…...

6+ day, 12+ hour ago   (1117+ words) Average house prices have dropped annually for the first time in almost three years, new figures reveal. The latest Lloyds House Price Index for August shows average property values dropped 0.4% annually, the first year-on-year decrease since November 2023. Average prices were…...

1+ week, 12+ hour ago   (210+ words) Homeowners are set to face higher mortgage costs this week ahead of the latest Bank of England interest rate decision. Swap rates, which lenders use to determine the amount they charge for mortgages, have risen to a three-year high. Uncertainty…...

1+ week, 12+ hour ago   (364+ words) The number of housebuilding companies being set up in Britain has fallen to its lowest level since its 2022 peak. The decline has been blamed on the end of both low interest rates and the Help to Buy scheme in England....

1+ week, 5+ day ago   (865+ words) Hopes of a mini recovery in the housing market appear to have been dashed after the latest mortgage approval data showed a slump in the total. Mortgages agreed decreased to 56,100 in July, down 2,100 from 58,200 the previous month, according to the…...

1+ week, 6+ day ago   (312+ words) Homebuyers are paying a 24% premium for homes in Britain’s National Parks, research shows. Analysis by Nationwide found that a property located within a National Park sells for around £66,500 more than the current house price of £278,784. The research also suggested that…...

3+ week, 4+ day ago   (321+ words) Almost three out of five first-time buyers believe that having existing debt will prevent them from getting a mortgage, it has been revealed. The findings by Lloyds suggested that a total of 58% of the 1,000 surveyed reckoned that any borrowing would…...

3+ week, 4+ day ago   (598+ words) Property price performance of the different countries has hardly changed for the last 12 months, with rises a little more subdued year-on-year according to both the Land Registry and Nationwide data. That said, the market is still holding up incredibly well,…...

3+ week, 5+ day ago   (274+ words) Two out of three home sellers have an over-valued property, new research claims. The findings by The Property Buying Company suggests that 65.6% of those looking to sell in England and Wales have a higher price tag than the market can…...