Mortgage figures continue to fuel market and exceed forecasted levels for September

November 1, 2019

Founder and CEO of GetAgent.co.uk, Colby Short, commented:

“A number of industry-wide indicators have shown that there continues to be plenty of activity from the buyer side of the property market, at least where mortgage approvals and lending are concerned. This is extremely positive given the prolonged period of political uncertainty that has plagued the market and demonstrates that the appetite for homeownership remains strong across the UK.

However, the current issue is, while there is plenty of fuel, we’re left at the side of the road without a car to put it in, as many sellers remain rooted to the spot either refraining from a sale altogether or continuing to adjust their price expectations in line with wider market conditions. This is certainly one of the main contributing factors behind the current market slowdown, but once the scales rebalance we should homebuyers and sellers drive off into the sunset as the market regains strength across the board.”

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Social Housing 2019
Breaking News

Only 1 in 10 new-build homebuyers happy

Just 1 in 10 new-build buyers got the home they wanted before moving in   The latest research from UK Property Development (UKPD) has found that just 11% of people who purchased a new-build home in the past two years were able to personalise their property exactly as they wanted before moving in. As a…
Read More →
Breaking News

One-third of tenant income in the UK goes on rent

Lomond’s Summer 2026 Quarterly Insights report reveals tenants now spend an average of 32.7% of their yearly income on rent UK average rents rise to £1,369pcm, increasing by +4.3% in the same period last year Average rent in London reaches £2,418pcm, 76% higher than the UK average The average age of renters across the UK is now 31.5   Lomond, the UK’s leading network of lettings and sales agents, has…
Read More →
Finance

Six in 10 UK businesses look to adapt operations in response to extreme heat

37 per cent have increased heat-related investment, with 23 per cent considering it Cooling equipment, including air conditioning and ventilation, is the most common investment priority (28 per cent) Barclays anonymised client data shows that air conditioning suppliers saw cash inflows increase by 4.3 per cent year-on-year into Barclays accounts Consumers claim 25.1°C is their…
Read More →
Letting Agent Talk

Weathering RRA: It’s Not a Storm, It’s the Climate

Opinion: This Isn’t a Storm Agents Can Wait Out – It’s the New Climate By Sally Lawson    “Agents are heads-down, working their asses off to survive the RRA changes, to the detriment of everything else. But in order to get where they’re thriving too, agents must refocus and rebuild to make back the property…
Read More →
Breaking News

Breaking Property News 26/8/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   AI has Changed the value of proptech and legacy technology is paying the price AI has Changed the value of proptech and legacy technology is paying the price Thought leadership by Andrew Stanton For more than two decades, the value of proptech was built around…
Read More →
Breaking News

Commuter belt property values outperform every major UK city

The latest research from Yopa has revealed that house price growth across the commuter belt is outperforming the city itself across every major UK city analysed, with the gap as wide as 4.6 percentage points.   Yopa analysed the annual rate of house price growth across 12 major UK cities and compared it to the…
Read More →