Posts by EAN Breaking News
Low deposit mortgage choice boosted to 17-year high
Moneyfacts UK Mortgage Trends Treasury Report data reveals the combined choice of higher loan-to-value mortgages (90% and 95% LTV) rose to its highest count in 17 years. These deals combined represent 19% of the residential mortgage market overall, where choice is at an 18-year high. Month-on-month the overall average two- and five-year fixed mortgage rates…
Read MoreProperty market beset by delays as conveyancer queries vary by an ‘alarming’ 8,176%
The scale of inefficiency in the property market was laid bare today by new analysis that reveals some conveyancers receive 83 times as many Land Registry queries as others. The number of requests sent to conveyancers to progress cases varied by an “alarming” 8,176%, ranging from 2.9 per 100 applications to 237, new analysis of…
Read MoreYounger generations see homeownership as less important
The latest research from Yopa has revealed how attitudes towards homeownership vary between generations, showing that while the majority still aspire to own, its perceived importance has waned among younger buyers who also find the path to ownership more challenging than their parents did. Yopa surveyed* Baby Boomers, Generation X, Millennials and Generation Z to…
Read MoreNew Housing Secretary must focus on delivery, says FMB
The appointment of Steve Reed MP as Secretary of State for Housing, Communities and Local Government, following the resignation of Angela Rayner MP, must signal the start of a new drive for delivery of the Government’s stated target to build 1.5 million new homes, says the Federation of Master Builders (FMB). Brian Berry, Chief Executive…
Read MoreIndustry Response to the Resignation of Angela Rayner
Lawrence Turner, Director of Boyer said: “Angela Rayner’s planning reforms rightly acknowledged the scale of the Housing Crisis and the urgent need for bold, decisive action. Her resignation must not become an excuse for delay. The new Secretary of State now bears the responsibility to continue to unlock delivery and work to win the support…
Read MoreHalifax figures show third consecutive month of growth – Thoughts from the Industry
The latest Halifax House Price Index for August shows that: – On a monthly basis, house prices increased by 0/3% in August. This was the third consecutive monthly increase seen. House prices were also up 2.2% on an annual basis although this annual rate of growth had cooled from the 2.5% seen in July.…
Read MoreHouse prices continue to rise at a steady pace
• House prices increased by +0.3% in August, marking a third consecutive monthly rise • Average property price now £299,331, edging up to a new record high • Annual rate of growth eases slightly to +2.2% (down from +2.5% in July) • Average price paid by first-time buyers falls slightly as affordability improves • Northern…
Read MoreHousing Insight Report for July 2025
The July 2025 report shows steady sales with stronger appraisals, but affordability remains stretched amid high inflation and static interest rates. Rental demand continues to outpace supply, keeping competition intense despite slight stock growth. Sales 1. On average, there were around 11.2 homes placed for sale per member branch in July 2025 2. In July…
Read More20% agreed sales have fallen through due to property tax rumours
Simon Gerrard, Chairman at Martyn Gerrard Estate Agents is already seeing real-time damage in the London market just from the mere speculation of new property taxes. Simon has found that talk of these looming taxes ahead of the Autumn budget has caused almost 20% of their agreed sales in August to fall through, with buyers pulling…
Read MoreHome hunter search areas expand in Britain’s most expensive regions
A tale of two markets: Home hunter search areas expand in Britain’s most expensive regions and stay local in the more affordable The average UK homebuyer’s search radius has narrowed to 3.4 miles in 2025, a decrease from 4.3 miles in 2021 during the pandemic ‘search for space’ Home buyers in the South East and…
Read MoreMonthly mortgage repayments toughest burden since 2008 financial crisis
With softening house price growth and an ongoing debate about property tax reform, exclusive analysis from INTEREST by Moneyfacts reveals the burden mortgage payments are putting on household finances. An average earner able to put down the required deposit and commit to a mortgage in the past couple of years will have found their monthly…
Read MoreParents sacrifice dream homes for school catchment areas
School catchment property purchases see parents sacrifice dream homes and financial stability The latest research from Yopa has revealed that almost half of parental homebuyers sacrifice their dream home in order to purchase within a catchment area for their child’s education, with many overstretching themselves financially in the process. Yopa surveyed* almost 5,000 UK homebuyers…
Read MoreMind the Deposit Gap: Why Your Mortgage Deposit Could Make or Break Your Budget in 2025
As UK homeowners and buyers face rising costs and tight affordability, specialist lender Hodge Bank warns that the size of your mortgage deposit could now play an even bigger role in long-term financial wellbeing. Hodge is urging homeowners and prospective buyers to review their financial options early, with a particular focus on deposit size and…
Read MoreThe number of people living alone has increased by 14%
Loneliness and isolation: The number of people living alone has increased by 14% New insight from COHO, the HMO management platform, reveals that almost a third of households in England are occupied by just one person, with the number of people living on their own increasing by as much as 14% in the past ten…
Read MoreLandlords face rental income tax bill of £885 per property
The latest analysis from Inventory Base reveals that UK landlords face an average NI bill of up to £885 per property per year if Labour’s rental tax proposal is passed into law. The Government is considering a major change to the way landlords are taxed, with Chancellor Rachel Reeves weighing up plans to apply National…
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