The Government has published a consultation on its plans to abolish Section 21 – the process by which landlords or their agents can reclaim properties without having to state a reason. There is no question that the abolition will not go ahead ... read more �
The gap between annual costs of buying a home in the UK compared to renting one are at the lowest in almost a decade but buyers are still better off nationwide. Latest figures show buyers are saving £366 per year, compared to £900 in 201... read more �
Annual house price growth in the UK remained sluggish in February, up just 0.4% and month on month prices fell by 0.4%, the latest lender index shows. This means that the average price of a property was £211,304, down from the average of &poun... read more �
Average asking prices in England and Wales fell by 0.2% in the 12 months to February 2019, the first fall on the national figure for over seven years, according to the latest index data. It takes the average asking price to £304,671, the figur... read more �
More than 2.4 million households in the UK who would have expected to have bought property for the first time after the financial crisis are still waiting at a time when the mortgage market is forecast to remain flat. A new report from the Intermedi... read more �
A ban on Section 21, the process where landlords start an eviction, could have a negative impact on the private rented sector, new research suggests. The industry is currently awaiting the outcome of a Government consultation on the creation of a Ho... read more �
Despite growing by just 2.7% in 2018 as Brexit fears slowed the market, the total value of UK housing stock increased £190 billion to hit a record £7.29 trillion, a new analysis shows. But the value of London’s residential stock re... read more �
Lending rules set out by the UK’s financial watchdog are set to change to help some 140,000 home owners who are mortgage prisoners, unable to switch to a better deal with another provider. The Financial Conduct Authority (FCA) has written to t... read more �
Average rents increase by 0.4% in the 12 months to November 2018 in Scotland, taking the average private sector rent to £574 per month, the latest Your Move index shows. Glasgow and Clyde recorded the fastest rent rise at 14.1% year on year, t... read more �
Almost a third of current mortgage holders in Britain, equating to four million people, may have to re-evaluate their finances in later life as their estimated repayment age will be older than they expected. In contrast the younger generation is ful... read more �
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