Richard Donnell
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Housing Market
REACTION: Bank of England hikes interest rate for eleventh time in a row
With this week’s rise in inflation combined with a move by the US Federal Reserve to go ahead with a 0.25% rise, the BoE had few choices.
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‘Buyers holding back as they wait for mortgage rates to shrink’
Demand for homes rebounded in the first weeks of January but the start of 2023 is a slow burn with buyers waiting to see what happens next.
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Housing Market
Weakened demand sees return of buyers’ market
The booming house sales market was unsustainable and is now starting to balance out to pre-pandemic levels.
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Latest property news
Zoopla: Rising mortgage rates will curb homebuying power
Property portal says withdrawal of cheap money deals will impact on homebuyer spending power by nearly a third.
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Regulation & Law
UPDATED: Trading Standards releases full details of ‘material information’ rules
New NTSELAT guidance follows months of collaboration between redress schemes, property portals and government.
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Latest property news
House sales to top 1.5 million this year as prices rise by 6.6%
Zoopla reports extraordinary figures for this year including sales running at 400,000 more than a normal year.
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Latest property news
Government officially launches 95% LTV mortgage scheme for FTBs
Scheme is for all homes for sale under £600,000 and will run until the end of the year and be limited to £3.9 billion.
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Features
Look to the future
Nigel Lewis asked leading names from national and regional estate agency, builders, home finders, auctioneers and the portals what they reckon 2021 will bring.
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Latest property news
Property sales boom to continue in 2021, predicts Zoopla
Portal has stuck its neck out to predict that the current sales surge is set to continue during 2021 despite the stamp duty cliff face.
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Latest property news
Fresh warning issued to home movers over stamp duty holiday deadline
Zoopla has waded into the stamp duty debate and warned that buyers need to begin conveyancing process by December 'at the latest'.
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