Property news

The Bank of England has just made the decision to hold the base rate to 4.25%

Stephanie Daley, Director of Partnerships at Alexander Hall, commented:

"Although a cut may have been the preferable decision, today's choice to hold the base rate once again will still be welcomed by homebuyers and remortgagers alike, as it reinforces the growing sense of consistency and strength in the mortgage market.

We've continued to see growing borrower engagement in recent months,...

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Keep up-to-date with the latest property news in the UK.

Acorn Property Group Launches New Housing Scheme at St. Leonards

The first phase of a bespoke new housing development in the popular St. Leonards area of Exeter has launched.

The significant development of St. Leonards Quarter – Acorn Property Group’s first Exeter based project – will see 146 new open market and affordable homes brought to the area.

Situated less than a mile outside of the city centre, the development is designed for...

Prepare your customers for the winter months

As we head into the winter months, you may want to start talking to your customers about protecting their businesses from bad weather events. The frequency of storms and floods is increasing and we’ve all seen how damaging the repercussions can be. But it’s not just stormy weather we need to be mindful of. Ignoring a frozen water pipe or driving in icy conditions can also be hazardous. Here...

Bridging loans on the increase as rising base rates causing housing market volatility

The latest market analysis by mortgage experts, Revolution Brokers , reveals that bridging loan lending has increased by nearly 50% since the Bank of England base rates began rising at the end of 2021.

Bridging loans are high-interest, short-term emergency loans often used by homebuyers who need to bridge the gap between buying a new home and selling their existing home.

In...

Last chance to buy an energy efficient new home in Knowsley

THE final energy efficient new home at Edenhurst Grange in Knowsley is now on sale with the chance for one lucky buyer to make substantial savings on their household bills.

Nestled between Bowring Park and Court Hey Park, the leafy location has helped make the Anwyl Homes development a popular choice. Factor in the high specification and eco-friendly features, and it’s no surprise...

Mortgage approvals forecast to dip by 13% for residential property purchases

The latest mortgage market analysis by specialist property lending experts, Octane Capital , has revealed that the level of mortgage approvals seen across the UK property market is expected to dip in 2022, driven by a -13.4% reduction in buyer demand for residential house purchases.

Octane Capital’s analysis of Bank of England mortgage data estimates where the market will sit come...

Switch to an energy efficient new home in Swinton

A move to an energy efficient new home in Swinton could lead to substantial savings for savvy buyers. Birchfield Court is an intimate, gated new community being shaped by Elan Homes.

Once complete it will feature just 20 properties, yet despite its exclusivity it compares favourably with nearby Worsley in terms of price.

For example, figures from home.co.uk suggest the...

Residential homes driving greenhouse gas emissions across the UK

Research by property maintenance solution provider, Help me Fix , has revealed that residential properties have seen the highest average annual increase in greenhouse gas emissions over the last decade, with the average home now producing 2.29 tons of CO2 a year.

Help me Fix analysed the level of greenhouse gas emissions emitted across the UK over the last 10 years, which sector is...

76% of consumers prepared to boycott convenience stores over compliance failures

Research by digital identity specialists, ID Crypt Global , has found that 65% of UK consumers believe their local supermarket or convenience store contributes to the issue of under age drinking and smoking, with 39% stating that in doing so, they are causing a real issue within their local area.

The survey of 2,645 UK consumers conducted by ID Crypt Global revealed that 39% of...

Estate agent AML checks up by 31% already in 2022

Research by Credas Technologies , the leading identity verification checks provider, reveals that anti-money laundering registrations in the real estate sector are on course to grow by over 30% in 2022.

The real estate sector is a common target for criminals who are looking to launder money sourced through illegal activities. By funnelling dirty money into, for example, housing, it...

Homebuyer feeding frenzy starts to slow as less homes selling within two weeks of reaching the market

Research by estate and lettings agent, Barrows and Forrester , has revealed that the frantic market conditions of the pandemic property market boom have started to fade, as the level of homes being snapped up within two weeks of being listed has fallen to 6.8% across the UK market, down from 11.2% six months ago.

Barrows and Forrester analysed for sale stock levels across the major...

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