6+ day, 21+ min ago   (210+ words) Homeowners are set to face higher mortgage costs this week ahead of the latest Bank of England interest rate decision. Swap rates, which lenders use to determine the amount they charge for mortgages, have risen to a three-year high. Uncertainty…...

6+ day, 21+ min ago   (364+ words) The number of housebuilding companies being set up in Britain has fallen to its lowest level since its 2022 peak. The decline has been blamed on the end of both low interest rates and the Help to Buy scheme in England....

1+ week, 4+ day ago   (865+ words) Hopes of a mini recovery in the housing market appear to have been dashed after the latest mortgage approval data showed a slump in the total. Mortgages agreed decreased to 56,100 in July, down 2,100 from 58,200 the previous month, according to the…...

2+ week, 4+ day ago   (330+ words) Britain has an “acute and entrenched housing crisis”, the housing minister has said. Speaking on Radio 4’s Today Programme, Matthew Pennycook revealed that the Government needed “do more” to solve the crisis. In particular, he said a massive council homes…...

2+ week, 6+ day ago   (597+ words) Regional and local property market performance is becoming increasingly varied the further you drill down into the figures. While regional data provides a useful overview of how different parts of the country are performing, this analysis shows that individual cities…...

3+ week, 3+ day ago   (321+ words) Almost three out of five first-time buyers believe that having existing debt will prevent them from getting a mortgage, it has been revealed. The findings by Lloyds suggested that a total of 58% of the 1,000 surveyed reckoned that any borrowing would…...

4+ week, 2+ day ago   (471+ words) A key legal case about the legality of Section 21 evictions is to be heard in the Supreme Court after a landlord has been given leave to appeal against a earlier Appeal Court decision. The Harker v Hubert case hinges on…...

1+ mon, 1+ day ago   (1060+ words) Reform of ground rents is long overdue and the Government is committed to capping most existing long residential ground rents at £250 a year, before reducing them to a peppercorn after 40 years through the forthcoming Commonhold and Leasehold Reform Bill. The…...

1+ mon, 1+ week ago   (346+ words) Build-to-rent start figures reveal a sharp decline of 84% in the regions outside of London, it has been revealed. At the same time, the number of new build-to-rent homes across the whole of Britain decreased by 79% in the year to June…...

1+ mon, 1+ week ago   (273+ words) Rate-setters have warned that inflation could rise again, putting renewed pressure on household budgets. Speaking about the war in Iran, the Bank of England’s Governor Andrew Bailey said: “Inflation has fallen faster than we’d expected. “But the conflict in the…...