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Lenders Must Try to Give Borrowers Certainty in These Uncertain Times

The ministerial merry-go-round is nothing new. We‘re accustomed to cabinet reshuffles on an almost monthly basis. Take the position of Housing Secretary. Since ...
By Paresh Raja19th October 20220
Housing transactions data
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Demand Continues to Exceed Supply in Latest UK House Price Index

UK house prices increased by 13.6% in the year to August 2022, down from 16.0% in July 2022. On a non-seasonally adjusted basis, ...
By Property Notify19th October 20220
Office properties
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Mortgage Broker Industry in the UK is Set to be Worth £2 Billion by 2025

The UK’s mortgage brokerage market is estimated to increase in value by 12%, reaching almost £2 billion, by 2025 despite forecasted economic turmoil, ...
By Property Notify13th October 20220
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The Biggest Test Yet for the Housing Market

It never rains but it pours. For the housing market, the past few weeks did not start too badly, with the chancellor announcing ...
By David Smith12th October 20220
Data Trend
Finance

UK GDP Shrinks 0.3% As Recession Risk Amplifies

The UK’s GDP swung to negative 0.3% in August, which was worse than expected and compared to revised 0.1% growth in July. The ...
By Sophie Lund-Yates12th October 20220
Housing transactions data
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Halifax House Price Index: House Prices Fall As The End of the Era of Ultra-Low Rates Approaches

The average UK house price experienced a slight fall in September (-0.1%), the second marginal decrease over the past three months. The cost ...
By Property Notify7th October 20220
Downing Street
Finance

Mortgage Rates Rocket to 14 Year Highs as Problems Pile Up For Truss Administration

Rather than clearing the crisis in-tray, problems keep piling up for the Truss administration. Another threat of a ratings downgrade comes hard on ...
By Susannah Streeter6th October 20220
Bank of England
Finance

The Economic Tug-Of-War Has Now Moved Within the Bank of England

After a highly volatile week, the febrile mood in the markets has been pacified a little by the Bank of England’s intervention to ...
By Susannah Streeter29th September 20220
Mortgages, Houses for Sale
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Mortgage Transactions to Fall by -6% as Interest Rate Hikes Put Strangle Hold on Borrowing

Mortgage activity is forecast to fall by -6% in 2022 as the market feels the brunt of interest rate hikes. Rising interest rates ...
By Property Notify16th August 20220
Money
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Monthly Mortgage Payments Set to Increase by £1,300 per Year by The End of 2022

Fresh market analysis has revealed that the average monthly cost of repaying a mortgage has climbed by 56% in the last decade, with ...
By Property Notify11th August 20220

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    • Q&A with 2025 Landlord of the Year

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