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.

Remortgagers driving forecasted lending increase in 2022 as homebuyer demand drops

The latest market analysis by mortgage experts, Revolution Brokers , has revealed that despite recent turbulence following a string of base rate increases, the total sum of lending secured across the UK property market is on course to sit two per cent higher than it did in 2021.

Based on an analysis of lending data from the Bank of England, the research by Revolution Brokers...

An estimated £82.7bn worth of rental properties thought to be occupied by fraudsters

Market analysis from Ocasa , the specialist rental platform, reveals that almost 280,000 UK rental properties, with a combined market value of £82.7 billion, are thought to be occupied by fraudsters.

The rental market has long been a leading target for fraudsters, criminals, and money launderers. Previous research estimates that 5% of all rental stock is being let to criminals and...

Average mortgage cost forecast to fall in 2023

The latest research by specialist property lending experts, Octane Capital , has revealed that the average homebuyer can expect to pay £166 more per month as a result of the latest base rate increase by the Bank of England, although this monthly repayment is expected to fall by £188 come this time next year.

Octane Capital analysed the cost of homeownership based on a variable rate...

Anwyl Offers The Chance To "See" Inside New Homes in Catterall Before They're Built

AN immersive virtual reality experience enabling buyers to “see” the future will change the way people buy new homes from Anwyl.

Due to open from November 26, Cross Fields in Catterall will be the first Anwyl Homes development to feature the company’s new look sales centres, complete with digital technology that will enable buyers to experience the development before it’s been built...

Save With A Move To An Energy Efficient New Home In Lancashire

EXPANDING the search area and switching to an energy efficient new home in Lancashire could offer substantial savings for savvy buyers.

New homes at Redwood Gardens on the Fylde peninsular are the ideal solution for those who want to live close to Lytham without the hefty price tag the area commands.

They’re energy efficient, with the potential to reduce household bills by...

Hundreds register interest in new homes coming soon to Ilfracombe

An eagerly anticipated housing development in North Devon is set to launch in 2023, Elan Homes has announced.

Hundreds of people have registered their interest in Seascape in Ilfracombe a 51-home development, within walking distance of Ilfracombe town centre.

Around a mile from the beach, the properties will be much sought-after.

Elan regional sales director Tracey...

£76,000 - The cost of homeownership in the first year alone

The latest research by estate agent comparison site, GetAgent.co.uk , has revealed that the average homebuyer across England is now paying almost £76,000 during the initial year following a property purchase, although this cost climbs as high as £209,329 in some areas of the market.

GetAgent analysed the current cost of homeownership, not only taking into account the initial hurdle...

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...

Property values stall in September latest figures show

CEO of Alliance Fund, Iain Crawford, commented:

“We’re yet to see any real signs of a notable drop in house prices despite a turbulent few months and now that the government has steadied the waters, any movement is likely to be a gradual return to normality rather than a sheer market crash.

Of course, tomorrow’s Autumn Budget could put the cat amongst the pigeons in this...

EWS1 should be included within Fire Risk Assessment

London lettings and estate agent, Benham and Reeves, has called for EWS1 forms, which concern the fire safety of external wall cladding used on high rise buildings across the nation, to be incorporated into the standard Fire Risk Assessment process, rather than remain a standalone examination. In doing so, they believe it could help ease the clogged bottleneck that is causing fall-through...

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