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Latest Property News

Agencies & People

Sell your home for £1????

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The average estate agency fee for selling a London home now stands at almost £9,400, according to Portico London Estate Agents, as it launches #sell4apound. Every home-seller instructing Portico as sole agent…

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Agencies & People

Profits, profits, profits!

Belvoir celebrating 20 years image

Belvoir Lettings PLC announced its Preliminary Results for the year ended 31 December 2015. Group revenue was up 19% to £6.9m (2014: £5.9m); Growth in Management Service Fees (MSF) was 25% to…

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Housing Market

Property sales boost was no April Fool

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31st March was a busy day for My Home Move, completing a record number of property transactions. To help people complete their property transactions before the 1st April stamp duty changes came…

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Products & Services

Interest rates to remain unchanged

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The Bank of England Governor Mark Carney has indicated that interest rates are going to stay lower for longer than expected, with a rate rise now forecast for 2017 at the earliest.…

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Products & Services

Mortgage rates hit nine-year low

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Interest rates on mortgages have hit record lows, but borrowers are being hit with higher fees, as banks look to protect their profit margins, according to figures from Moneyfacts.co.uk. The average interest…

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Products & Services

BoE may curb credit growth

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The Bank of England may consider introducing measures to improve financial stability if household debt grows faster than the rest of the economy, says the bank policymaker in charge of financial stability.…

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Products & Services

HSBC quits CML

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The HSBC has said that it will leave the CML by the end of 2016 as industry trade bodies get set to merge – and Barclays could follow. The bank has handed…

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Products & Services

Mortgage lending at seven-year high

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Gross mortgage lending rose by eight per cent in 2015, taking the estimated total for the year to £220.3 billion compared with £203.3 billion in 2014, according to the Council of Mortgage…

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Regulation & Law

The Budget 2016

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A mixed bag for the residential property market, with no cuddly Easter rabbits coming out of Mr Osborne’s hat and a nasty shock for larger property investors.

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