Search Results for: Mortgages
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Latest property news
Brutal industry reaction as Purplebricks looks for ‘new ownership structure’
When Purplebricks announced on Friday it was looking for a buyer it didn’t take long for the knives – and jokes – to come out. Industry reaction has been both funny and brutal.
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Latest property news
Purplebricks considers sale as instructions plummet and £20m losses loom
The agency may soon hang its own For Sale board up after instructions took a nosedive and it wrote off a further £1.2 million.
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Features
PRS under stress
With Michael Gove, architect of the Renters’ Reform Bill back in charge, what does it mean for the private rented sector? Richard Reed talked to industry experts.
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Latest property news
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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Latest property news
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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Housing Market
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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Housing Market
Belvoir reports record revenue after £4 million jump
Revenue at Belvoir Group increased to a record £33.5 million from £29.6 million in 2021 buoyed by an increase on rents on new tenancies increasing by 10.8% during 2022.
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Latest property news
Mortgage approvals hit rock bottom as market struggles
Bank of England figures show mortgage approvals dropped dramatically in December.
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Latest property news
Naked ambition? Adult star to become affordable homes landlord
Rebecca Goodwin, who stars on adult website OnlyFans, wants to buy eight houses and rent them to low income families.
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Agencies & People
Estate agency-based mortgage advisers urged to go it alone
Advisers suffering from January blues should take that leap of faith and branch out on their own, says former Countrywide senior.
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