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KEYWORD "Interest rates" - 100 RESULTS
Interest Rates to stay high despite this week’s good inflation news

Interest rates are expected to stay high despite good inflation news likely to be announced this week. The Office for Budget Responsibility...

15 April 2024

From: Breaking News

Almost No Reduction in Buy To Let Supply, insists think tank

There’s been at most a one per cent reduction in landlords in the buy to let sector, a think tank claims...

08 April 2024

From: Breaking News

Propertymark bats off surprisingly downbeat housing index

Propertymark has batted away any possible market pessimism as a result of a downbeat price index result from the Halifax  Just before...

08 April 2024

From: Breaking News

Improving market doesn’t solve underlying problems - Propertymark

Promising figures from the latest house price index doesn’t mean underlying problems in the market have been solved, warns Propertymark. UK house...

04 April 2024

From: Breaking News

Renting cheaper than owning for most first time buyers says Halifax

For first time buyers, renting is cheaper than buying in most of the UK according to new data from the Halifax.  London, the...

27 March 2024

From: Breaking News

Get On With It! - agents say Bank should cut rates now

Propertymark is telling the Bank of England that now is the perfect time to cut base rate and trigger wider interest...

21 March 2024

From: Breaking News

Agents’ single demand of government - solve the housing emergency!

Propertymark has urged the Scottish Government to resolve the country’s ongoing housing emergency. The news comes as Scottish Labour MSP Mark Griffin...

20 March 2024

From: Breaking News

Crunch Week ahead for interest rates and inflation

Latest inflation figures are announced on Wednesday and the Bank of England makes its next base rate decision on Thursday. The Office...

15 March 2024

From: Breaking News

Rents Still Rising in most areas of UK

Asking rents continue to show pos­itive annualised growth in all regions except Greater London and Scotland.  That’s according to respected property website...

14 March 2024

From: Breaking News

PropTech sector gives a thumbs down to lacklustre Budget

The PropTech sector has mostly agreed with the rest of the industry in its view on yesterday’s Budget - that it...

07 March 2024

From: Breaking News

Tax Grab - rental sector may not be viable warns Propertymark

The chief executive of Propertymark has made an outspoken attack on the government in response to its latest attempt to extract...

04 March 2024

From: Breaking News

Letting agents demand mortgage lenders cut rates to help market

The letting agents’ trade body Propertymark has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically...

01 March 2024

From: Breaking News

Top UK cities for 2024 rental potential revealed by industry supplier

Aldermore has named Bristol, as the best city for landlords to invest in for 2024.  Manchester, Coventry, Brighton and London make up...

23 February 2024

From: Breaking News

One in nine renters using foodbanks - industry supplier’s claim

A lettings industry supplier claims one in nine renters use foodbanks. A survey of tenants, commissioned by Zero Deposit, found that just...

22 February 2024

From: Breaking News

Renters’ resilience dropping - analyst’s warning

Renters are less financially resilient than recent remortgagers according to an analysis by business consultants Hargreaves Lansdown. It says over two thirds...

21 February 2024

From: Breaking News

Buy To Let lending for older landlords falls off a cliff

New figures from lenders trade body UK Finance show a massive fall in buy to let loans for those aged 55...

20 February 2024

From: Breaking News

Agents plead with Bank of England after buy to let mortgage arrears soar

Propertymark wants the Bank of England to cut interest rates following data showing soaring mortgage arrears and repossessions. Lenders trade body UK...

09 February 2024

From: Breaking News

Rents nearing ‘affordability ceiling’ - but no new supply in sight

Rents are approaching an affordability ceiling according to Savills - but the agency admits it doesn’t see substantial new supply on...

08 February 2024

From: Breaking News

Agent says rents set to fall as economy returns to near-normal

A buying agent claims that rents could finally be tailing off despite some indices showing rises still taking place. According to Rightmove,...

05 February 2024

From: Breaking News

Union slams Bank decision as workers face high rents

A trades union has slammed the Bank of England over its decision to keep base rate at 5.25 per cent, saying...

02 February 2024

From: Breaking News

Interest Rate Decision - all eyes on Bank of England

The Bank of England has kept its base rate at 5.25 per cent but markets forecast this will drop from the summer as...

01 February 2024

From: Breaking News

Stamp Duty slump is a pre-Budget blow for Chancellor

Stamp duty receipts dipped four per cent to £2.4 billion in Q3 of last year - no less than 25 per...

01 February 2024

From: Breaking News

Foxtons heavily reliant on lettings to stay in the black

Foxtons’ unaudited end-of-year trading statement makes no bones about it - the lettings division saved the agency’s bacon in 2023. It suffered...

26 January 2024

From: Breaking News

Thousands of lettings agencies in financial distress - new figures

Thousands of lettings and estate agencies, and other property businesses, are in ‘critical’ or ‘significant’ financial distress, it’s been claimed. The latest...

23 January 2024

From: Breaking News

Shock figures put interest rate cut on the back burner

There are growing fears that the hoped-for Bank of England base rate cut this spring - the first off possibly several...

18 January 2024

From: Breaking News

Big mortgage rate cuts likely this year - agency revises forecast

Knight Frank has revised its housing market forecasts for 2024, just two weeks into the new year. It’s done this on the...

15 January 2024

From: Breaking News

Rent rises outstripping inflation for past nine months - agency analysis

A leading lettings agency says 2023 was a record-breaking year for rental growth.   The average rent on a newly let property in...

15 January 2024

From: Breaking News

Rental growth to decline this year warns muted Winkworth

Winkworth’s first trading statement of 2024 reveals that it saw a five per cent rise in rental revenues in 2023 -...

11 January 2024

From: Breaking News

Propertymark sits on the fence over first time buyer controversy

Propertymark has stepped into the row over a bank chief’s comments on first time buyers. Sir Howard Davies, chairman of NatWest, responded...

08 January 2024

From: Breaking News

Savills reveals which buy to let region it tips for best returns

Residential buy to let in the North West of England, London industrial property and retail warehouses are set to be the...

04 January 2024

From: Breaking News

Will tumbling mortgage rates turn tenants into buyers?

Lower mortgage rates - still falling in the days since the end of the festive break - may be persuading some...

04 January 2024

From: Breaking News

Buy To Let investors compete with owner occupiers  - Nationwide

Owner occupiers have been competing with landlords in the battle to purchase smaller properties, new figures show. Smaller properties are often preferred...

02 January 2024

From: Breaking News

Mortgage Lenders set out buy to let forecasts for 2024/2025

UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 In...

29 December 2023

From: Breaking News

Renters Reform Bill causing unease amongst investors - agency

The Jackson-Stops agency is warning that the Renters Reform Bill is driving investors away - and making the market worse, not...

28 December 2023

From: Breaking News

This week’s inflation news may determine a New Year interest rate cut

All eyes are on HM Treasury this week ahead of the next inflation figures, to be released on Wednesday morning. Analysts suggest...

18 December 2023

From: Breaking News

Surveyors warn: Landlords can’t keep their heads above water

Private landlords are abandoning their property portfolios in unprecedented numbers, a group of surveyors claims. The Manchester-based chartered surveyors and auctioneers -...

14 December 2023

From: Breaking News

Prime lettings market now near normal says Knight Frank

There were 3.7 new prospective tenants for every rental property listed in prime London postcodes last month says Knight Frank. The figure,...

14 December 2023

From: Breaking News

Changing face of Private Rental Sector revealed by new survey

A survey of more than 1,000 landlords in the Deposit Protection Service shows the scale of change in the private rental...

13 December 2023

From: Breaking News

Mortgage lending to drop in 2024 - a silver lining for rental sector?

It looks as if the rental market is set to stay strong for some years to come. That’s because lending for house...

13 December 2023

From: Breaking News

Super-Rich rent as they baulk at high Stamp Duty purchase costs

More multi-millionaires and billionaires are choosing to rent super-prime homes in London, rather than purchase, reveals a new wealth report Beauchamp Estates’...

29 November 2023

From: Breaking News

Rental growth to slow as supply catches up with demand

An agency has issued its rental market forecast for 2024. Chestertons says rents are forecast to have increased by 6.5 per cent...

28 November 2023

From: Breaking News

Bad news on interest rates despite this week’s big fall in inflation

Inflation figures for the year to October are out this week and are expected to have fallen to 4.8 per cent. That’s...

13 November 2023

From: Breaking News

Interest Rate optimism fuelled by surprise improvement in inflation

There’s growing optimism that tomorrow’s Bank of England monetary policy committee meeting will see base rate held for another month -...

01 November 2023

From: Breaking News

Top agency insists rental sector negativity is exaggerated

Leaders Romans Group claims the pessimistic mood which many say surrounds the private rental sector is exaggerated. It has surveyed its landlord...

31 October 2023

From: Breaking News

Council sets up own lettings agency to woo private landlords

A council has launched its own social lettings agency to work with private sector landlords in tackling the record numbers living...

26 October 2023

From: Breaking News

Rate Rise Fears return after “bad news” inflation figure

There are growing fears of yet another Bank of England base rate rise next month following the surprise inflation figure released...

19 October 2023

From: Breaking News

Close link between rental and sales markets says prominent index

The latest edition of the Home housing index shows Conti suing close links between both the lettings and sales markets. The Home...

19 October 2023

From: Breaking News

Mortgage Crisis forcing rental sector to contract further - Hamptons

Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, forcing more of them to...

16 October 2023

From: Breaking News

Public optimistic about housing market despite feeling worse off

UK consumers feel worse off than a year ago, but remain relatively optimistic about the property . That’s the conclusion of a...

13 October 2023

From: Breaking News

Louis Musgrove - Group Managing Director at Southernbrook Lettings

Who are you and what does it say on your business card? Louis Musgrove – Group Managing Director   What is Southernbrook Lettings and...

12 October 2023

From: 60 Second Interview

Cash investors snap up prime London flats from fleeing landlords

Prime London markets are proving more resilient to rising interest rates than their mainstream equivalents, says Savills. Prices in prime central London...

06 October 2023

From: Breaking News

Agent Reports Tenants In Tears as Landlords Quit Sector

Local media in one of Britain’s busiest cities for rentals says tenants have been left in tears as a result of...

03 October 2023

From: Breaking News

Huge scale of rental sector reliance on mortgages revealed

The buy to let sector appears more heavily reliant on mortgages than some analysts have previously suggested. Specialist lending service Octane Capital has...

02 October 2023

From: Breaking News

Agents sign up to niche property management service

A lettings service called Smarter Rent is partnering with agents and developers to provide what it calls ”“an innovative property rental...

28 September 2023

From: Breaking News

Huge number of renters struggle to make payments - Which?

An estimated seven million UK households are struggling to keep up with their rent or mortgage payments, Which? warns, with millions...

28 September 2023

From: Breaking News

Cut-price properties tempting investment buyers, says accountancy chief

Some prospective buy to let landlords may be about to use their equity to snap up investment properties at discounted rates,...

27 September 2023

From: Breaking News

Crisis Point! Supply now “drastically low” compared to demand

It’s getting worse - the supply-demand mismatch in the rental sector is now “drastic” says Propertymark. The number of new prospective tenants...

26 September 2023

From: Breaking News

Eyes on Lenders - rates expected to drop sharply this week

Mortgage experts are expecting significant falls in the cost of borrowing this week as lenders drop their rates. Following last week’s decision...

25 September 2023

From: Breaking News

Surprise Interest Rate decision by Bank of England

The Bank of England has revealed its latest decision on base rate - which in turn has a strong influence on...

21 September 2023

From: Breaking News

Young people rent - “the old and rich buy”

The UK’s housing market is increasingly driven by older, affluent home owners with younger generations squeezed out.  That’s the view of data...

20 September 2023

From: Breaking News

“Don’t Raise Rates Again!” - Industry figure’s desperate plea to Bank

An outspoken property industry figure has urged the Bank of England not to hike interest rates.  The National Association of Property Buyers...

20 September 2023

From: Breaking News

Bank of England urged to increase interest rates AGAIN

The Centre for Economics and Business Research says the Bank of England should increase UK interest rates by another 0.25 per...

19 September 2023

From: Breaking News

Help your landlords recover rent with PayProp’s effective arrears management tools

In the face of stretched incomes, rising interest rates and escalating consumer prices, an increasing number of tenants are at risk...

11 September 2023

From: Sponsored Content

Agents told to set ‘tracker’ rents that rise with interest rates

Two letting agents have been quoted in a newspaper report as saying landlord clients have instructed them to create ‘tracker’ rents...

04 September 2023

From: Breaking News

Fail! Endless calls to scrap S21 evictions leads to glut of them

Section 21 evictions are set to soar even higher, a property association leader forecasts - because of the threat to abolish...

25 August 2023

From: Breaking News

Renting cheaper than mortgages for first time in 13 years

Zoopla’s research team says the rise in mortgage interest rates means it’s now cheaper to rent than to buy for the...

22 August 2023

From: Breaking News

Ross Nichols, Co-Founder at Just Move In

Who are you and what does it say on your business card? Ross Nichols, and it says i’m Co-Founder at Just Move...

16 August 2023

From: 60 Second Interview

Renters Forever - the Guppies have Given Up on Property

A personal finance expert has revealed that a new group which he calls Guppies are reconciled to possibly renting forever. Alan Davison,...

16 August 2023

From: Breaking News

Investor confidence rising ahead of tomorrow’s inflation figures

A respected measure of investor confidence says it’s on the rise as a result of growing optimism over UK inflation figures...

15 August 2023

From: Breaking News

 Law Society speaks out about Section 21 evictions

Housing legal aid is increasingly out of reach for tenants who need help, the Law Society of England and Wales claims.  Quarterly...

14 August 2023

From: Breaking News

Bank of England reveals latest interest rate decision

The Bank of England’s monetary policy committee has announced its decision on base rate. It will rise by 0.25 per cent to...

03 August 2023

From: Breaking News

Lettings boom helps franchise brands offset sales falls

Increased lettings income proved a valuable balance to a declining sales market for The Property Franchise Group in the first half...

03 August 2023

From: Breaking News

“Quite Staggering” Rent Rises Last Month - figures

July was a record breaking month for the rental market, claims a PropTech company. Goodlord analyses tens of thousands of completed tenancies...

02 August 2023

From: Breaking News

Latest rate rise ‘could light a rocket under UK housing market’

The US central bank has raised interest rates to the highest level in 22 years - even though inflation in that...

28 July 2023

From: Breaking News

Agents warned: 7% interest rates for many months to come

A stark warning has been made to lettings and estate agents that interest rates as high as seven per cent may...

25 July 2023

From: Breaking News

Legal warning over Renters Reform Bill impact on market

The looming threat of the abolition of Section 21 is already impacting the rental market, a legal firm is warning.  Dutton Gregory’s...

21 July 2023

From: Breaking News

Another interest rate rise likely - but might it be the last for now?

Most economic and housing analysts believe another base rate rise is on the cards for next month - but the sharp...

20 July 2023

From: Breaking News

Buy To Let mortgages worst hit by rate rises - new figures

Buy to let mortgages have seen the largest interest rate increase of any mortgage category according to new research. Barrows and Forrester...

19 July 2023

From: Breaking News

Shocking rise in numbers of landlords desperate to sell

A sales agency specialising in disposing of buy to let portfolios says it’s now received an averaged 240 enquires a month...

14 July 2023

From: Breaking News

Lettings the only bright spot as agency chain issues profits warning

The directors of Winkworth are warning shareholders of a challenging period thanks to higher and faster-raising interest rates - with only...

13 July 2023

From: Breaking News

Auction buyers stay away as interest rate woe hits

The auction - often seen as an ideal opportunity for investment buyers - is going through a torrid time in the...

10 July 2023

From: Breaking News

Agent slams introduction of new additional homes tax

A leading estate agent on one of the Channel Islands has slammed the way additional homes are now being taxed. Since last...

28 June 2023

From: Breaking News

Mortgage Mayhem: will six months breathing space stop housing crash?

Concern remains that the mayhem surrounding the mortgage market may yet trigger a housing market crash. At the start of the weekend...

26 June 2023

From: Breaking News

Chancellor’s Crisis Meeting - pleas for rental help mount

Chancellor Jeremy Hunt is today charing a crisis meeting of mortgage lenders, as calls mount for him to take action to...

23 June 2023

From: Breaking News

Shock interest rate decision by Bank of England

The Bank of England has announced its latest change in base rate, which is used by most lenders to determine interest...

22 June 2023

From: Breaking News

Four reasons why house prices won’t fall off a cliff - agent’s claim

A prominent lettings and sales agency says there are four reasons why house prices won’t fall off a cliff, despite interest...

22 June 2023

From: Breaking News

Survey shows widespread ignorance about interest rates

The results of a new survey show widespread ignorance about how interest rates work and about how the Bank of England’s...

22 June 2023

From: Breaking News

Rental market set to benefit as buyers hit by cost woes

The rental market is set to benefit from a surge in potential buyers putting their purchase plans on hold. Data from NerdWallet...

08 June 2023

From: Breaking News

Senior agent warns rents can’t continue rising indefinitely

The latest data shows that while rents continue to climb, growth is starting to slow down.  According to Nicky Stevenson, managing director...

19 May 2023

From: Breaking News

Economists tell government - rental reform will backfire

A prominent group of economists has predicted the measures in the Renters Reform Bill will backfire on the government. Matthew Lesh, Director...

17 May 2023

From: Breaking News

Interest Rates - Bank of England reveals latest decision

The Bank of England has announced its latest decision on base rate. This has been increased by 0.25 per cent to 4.5...

11 May 2023

From: Breaking News

Bank of England base rate to go up again - gloomy forecast by experts

Financial analysts are unanimously warning that Bank of England base rate will rise yet again tomorrow. If they are correct this will...

10 May 2023

From: Breaking News

Interest rates to soar further - new warning from leading body

One of the most respected financial organisations says markets are now betting that the Bank of England base rate will hit...

27 April 2023

From: Breaking News

Sales market supply set to rise as more landlords quit - prediction

More property is likely to come onto the sales market in the weeks and months ahead as rising numbers of landlords...

27 April 2023

From: Breaking News

So Much For Rent Controls - figures show increases, not falls

Property portal Citylets says average rents in Scotland rose 12.4 per cent in the past year to £1,007 per month -...

27 April 2023

From: Breaking News

Rental supply low and online agencies flounder - new survey

A new survey throws light on the scale of the supply shortage hurting the rental market - and in addition shows...

24 April 2023

From: Breaking News

Agents report rents on the rise again as spring market blooms

The number of new prospective tenants registering at each branch of a Propertymark-member lettings agency held steady at 106 in March,...

20 April 2023

From: Breaking News

How to attract landlords to your letting agency

As the unending attack on landlords continues, many are succumbing to the pressures of increased taxes, interest rates rising, regulations becoming...

18 April 2023

From: Marketing & Social Media

Rents skyrocket across UK amid warning of “housing disaster”

Average room rents rose by 10 per cent or more in every UK region, every London region and almost every major...

17 April 2023

From: Breaking News

Funding exists for agency takeovers despite soaring rates - claim

A consultancy that handles lettings agency acquisition says funding options exist for companies wishing to buy others, despite rising interest rates. Lucy...

14 April 2023

From: Breaking News

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