Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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House prices ‘stabilising’ after falls over past two months
The Halifax HPI says prices were static in January as the market settles down after successive drops prompted by the mortgage crisis.
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Mortgage market ‘set for stagnant year’, economic forecasters say
There will only be a small increase of 0.4% in mortgage lending in 2023, according to the EY Item Club.
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‘First-time buyers have arguably never had it tougher’
Research by Wayhome shows it is particularly difficult to climb onto the housing ladder in eight areas.
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‘Attack weaker agents and take stock off them’ advises leading agent chief
Adam Day of eXp tells industry group his somewhat brutal summary of how to flourish in a tough property market.
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Purplebricks ‘horror show’ as compliance chief quits
City analyst David Reynolds says there are again serious questions about the leadership team at Purplebricks.
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BLOG: Carry On Banking… starring the Bank of England Governor!
Glentree Estates boss Trevor Abrahmsohn ponders the state of play at the Bank of England – more like a script for Carry on Banking than a serious institution?
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Software firm to tackle problems facing agents and conveyancers head on
TM:tv is kicking off 2023 with a special episode launching its latest property industry research 'Back to the Future' – following on from the success of last year's 'The New Normal' report.
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Kate Faulkner gives candid views on the biggest issues facing agents
The latest Today’s Conveyancer podcast sees industry expert and The Neg columnist Kate Faulkner OBE deliver her verdict on the current state of the property market.
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New chain-breaking tool for new build developments
Alternative Bridging Corporation has launched PartX Property Finance, a pre-approved part exchange facility to speed up sales and fix chain breaks on new home developments.
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REACTION: Bank of England raises rates to 14-year high
The Bank of England today raised interest rates to 4% - a 14-year high and the 10th consecutive raise - making rates their highest since 2008 as double digit inflation continues to bite.
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