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bank of england interest rate

Bank of England’s rate hold

 

The Bank of England has held interest rates at 3.75% for the sixth consecutive time. Matt Smith, Rightmove’s mortgage expert, says: “The Bank of England’s decision to hold the base rate will come as welcome news to mortgage borrowers, particularly those on tracker mortgages whose monthly repayments move in line with changes to the base…

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yopa sales 2017

54,000 properties hit market during back to school rush

 

Over 50,000 homes have hit the market since the nation’s schools returned following the summer holidays, with the level of property for sale climbing by as much as 35% across some areas of England, according to the latest research by Yopa. The full-service estate agency analysed the number of homes listed for sale across each…

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The UK towns boasting +80% house price growth amid nationwide drop

 

For the first time since 2023, UK house prices have dropped. However, many areas are bucking the recent news, with strong growth overall in the last 5 and 10 years. The cash house buyers and property experts at Sell House Fast have compiled ‘The Property Prosperity Index’, revealing the best places to buy and sell property…

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to let sign 2025

First drop in rental supply in three years pushes rents higher

 

Rental growth set to accelerate to 4–5 per cent by the end of 2026 as higher mortgage rates keep would-be buyers renting for longer, reducing rental supply UK rents are 2.6 per cent higher in the 12 months to July 2026, up from 1.6 per cent in February and are on track to reach 4-5…

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Breaking Property News 13/9/26

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   Sourced Living Chooses Genifea AI to support its branch network and its clients Sourced Living, the lettings and estate agency network of Sourced Property Group, has chosen Genifea to handle customer enquiries across its branches — in what is also the London-based platform’s first…

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Andrew Stanton

Rightmove logo

Back-to-school buyer bounce outpaces typical September uplift

 

New real-time analysis from the UK’s largest property platform Rightmove reveals that buyer demand received a stronger than usual back-to-school boost during the first week of September Buyer demand increased by 5% during the opening week of the month, significantly higher than the average increase of 0.4% seen over the same period during the last…

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Rightmove

Two in five mortgage holders switched banks for a better mortgage deal

 

Of those who have a mortgage and switched banks, 41% did so to get a better mortgage rate deal and 30% did it to receive an incentive related to their mortgage Only 15% of people moving home switched their bank account during the move, while far more switched broadband (46%), energy (38%), and mobile phones…

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Housing market trends highlight a changing landscape

 

The housing market has seen many challenges across the year to date and, in many ways, the property landscape has been a year of two extremes already.   At the start of the year, there was a quiet but optimistic consumer confidence in the air.   However, with the global economy impacting almost every aspect…

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Breaking Property News 7/9/26

 

Daily bite-sized proptech and property news in partnership with Proptech-X.     Privera uses Silex to provide its employees with a shared platform for source-based research Silex, the Swiss AI platform for legal research and productivity, today announced that Privera has selected and deployed Silex to support legal research and knowledge workflows across its nationwide real estate…

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Andrew Stanton

Mortgage rate rises loom as major lenders reprice

 

Major lenders have moved to increase mortgage rates to catch up with recent rises to swap rates, according to Moneyfactscompare.co.uk analysis.   Over the coming days, more lenders are expected to review mortgage rates in response to higher swap rates, with HSBC and NatWest so far the biggest banks to increase rates since the start…

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EAN Breaking News

Average house price edged down in August

 

House prices in August 2026 were -0.4% lower compared to the same month a year earlier.   Average house price edged down in August as market remains subdued • House prices fell slightly in August ( -0.2%), following a -0.1% decrease in July • Average property price now £298,468 compared with £299,153 in July •…

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Breaking Property News 3/9/26

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   The imminent interest rate hike is going to be a real reckoner for property   When interest rates rise again, Britain’s housing market will discover what it is really worth   Thought Leadership by Andrew Stanton CEO Proptech-PR For more than a decade, Britain’s housing…

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Andrew Stanton

Tenancy deposit reform overlooks estimated £750m

 

As the Government considers reforms to England’s tenancy deposit system, The Letting Partnership is warning that one major question remains almost entirely absent from the debate: what happens to tenancy deposits that are never reclaimed? While current discussions have focused on how deposits should be protected in future, namely custodial vs insured schemes, far less attention…

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Application to offer in 24 hours with new Barclays Fast-Track Remortgage

 

Barclays launches first-of-its-kind Fast-Track Remortgage, which can provide eligible customers1 a mortgage offer within 24 hours, and completion in as little as five days Research finds those who have switched lenders are twice as likely to find the process difficult compared to those who stayed with their lender (20 per cent vs 10 per cent)…

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House price growth remained subdued in August

 

UK annual house price growth remained broadly stable in August at 1.6% House prices were up 0.2% month on month Headlines Aug-26 Jul-26‡ Monthly Index* 550.1 549.1 Monthly Change* 0.2% -0.1% Annual Change 1.6% 1.4% Average Price (not seasonally adjusted) £275,465 £276,581 * Seasonally adjusted figure (note that monthly % changes are revised when seasonal…

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