Mayor of London Sadiq Khan has warned that many of London’s private renters are facing imminent homelessness, unless the government acts to properly protect them from eviction.
A borrower's credit rating should be marked if they take a further mortgage holiday, the Nationwide has said.
Lenders look a somebody's credit rating when deciding whether to agree to a fresh loan or contract and the interest rate they will charge.
There is a common misnomer at the moment about what the government has termed payment ‘holidays’ for landlords. These are not so much holidays as a deferral scheme during which landlords will continue to be charged interest.
Government guidance that agents should only allow viewings to those who are serious and 'likely to make an offer' is riling many people on social media – including Kirstie Allsop.
Newly released figures from GetAgent have revealed a number of positive trends across the UK property market including a return of industry confidence.
Demand from property hunters rebounded as curbs on the sector were lifted in England - but the trend may be short-lived, analysis suggests.
Some 600,000 leaseholders within towers fitted with unsafe cladding will soon be able to sell their homes now that their freeholders can apply for government funding to complete the work.
Rising unemployment is toxic for the property market and low interest rates may not be enough
Fears of another Grenfell-type fire are stunting the spread of wood-based buildings in England.
The government is planning to reduce the maximum height of wood-framed buildings from six storeys to four.
Nicola Sturgeon has today revealed that estate agents must wait until June to see house move restrictions lifted, and that some branches will not be able to open until August.
Financial Conduct Authority says the extended relief period is necessary to prevent a cliff edge of mortgage defaults.
This morning's figures released by HMRC have revealed that the pandemic and subsequent lockdown measures imposed by the government caused a widely expected slump in April's property transactions.
Mortgage lenders are resuming physical valuations in England following a loosening of lockdown restrictions.
Paragon and Bank of Ireland UK have restarted physical valuations, while Virgin Money and Clydesdale Bank will follow suit next week.
Warning comes after elderly couple put down £2,000 to reserve a house within a retirement development but lost their 'ideal home' after struggling to sell their old home within the 21-day deadline.
Andrew Goldthorpe, the CEO of PropertyMutual.com, a property portal that Jefferies said was "An incredibly disruptive blueprint that takes the agent/portal relationship back to its pure-play mutual roots".
Andrew Goldthorpe of PropertyMutual says too many portals including Rightmove and OTM start out promising to be solely for the benefit of agents, but soon lose their way.
Chancellor said to be in discussion about how to continue helping borrowers
Britain’s property market has proved to be a cornerstone of economic activity for decades. Without buyers and sellers alike booking removal lorries and moving home, large parts of the economy can lose momentum and drag on growth.
Dogs are being used to detect Japanese knotweed for Environet UK, a specialist in getting rid of the plant.
The animals can cover a site in minutes, staying completely still if they detect the plant, even if the knotweed rhizome is in small quantities.
Three quarters (77%) of brokers reckon mortgage lending will recover to pre COVID-19 levels within 9 months, while half (51%) believe it will happen within 6 months, research from Smart Money People has found.
Opt in here