rising mortgage costs

House Repossession

Home repossessions on the decline despite rising mortgage costs

The latest market analysis from property purchasing specialist, House Buyer Bureau , reveals that since the Bank of England started raising interest rates at the end of 2021, the number of homes being repossessed by money lenders has significantly decreased, bucking the expected trend that more and more people would lose their homes as mortgage payments go up.

In December 2021, the...

Rental market

Rental market boom on the horizon as homebuyers continue to struggle with rising mortgage costs

The latest research by Alliance Fund , the end to end real estate fund, suggests that should the property market continue to stutter, the nation’s rental market could be in for a boom, as historic housing market trends show that a decline in property sales also leads to a boost to private rental market stock.

Alliance Fund analysed both the sales and rental markets during the...