Estate Agent Today provides daily industry, Estate Agency, Property Market, Housing, Moving Home and Online Estate Agent News updates for the UK's letting agent community.

Estate Agent Today Test content comes here ... Buy To Let - warning over falling landlord loans 24 July 2024 583 views 0 comments. The lenders’ trade body, UK Finance, has published a report examining why some landlords are falling...

3 days ago · Average mortgage rates on the overall two- and five-year fixed rates rose by 0.04% and 0.07% to 5.52% and 5.32% respectively. At the start of February 2024, the average five-year fixed rate was 5.18%; compared to the start of this month, the rate is 0.14% higher at 5.32%.

3 days ago · Recent research by the bank reveals that first-time buyers are increasingly compromising on location to fulfil their dream of owning a home. Two-thirds (67%) of Britons who bought their first home in the last two years had never seen their new neighbourhood before buying, compared to just over half (51%) of those who bought more than five years ago.

Government figures released over the weekend show that the provisional seasonally adjusted number of UK residential transactions in November was 92,640. This was 13% higher than in November 2023 but 8% lower than October 2024. The provisional non-seasonally adjusted number of residential ...

5 days ago · Representatives of the finance, legal and property sectors have welcomed the government’s pledge to speed up the house buying process. A surprise government announcement over the weekend claims it is “working hand-in-hand with the property market” supported by HM Land Registry (HMLR), and is shortly beginning a 12-week project to identify the design and implementation of agreed rules on ...

It’s the start of a new week after a torrid time for the UK economy and for Sterling last week. The £ fell to fresh 14-month lows against the dollar, standing at just above $1.22 at one stage, on the back of higher support for the dollar.

Mortgage rates remain at unexpectedly high levels, which means many buyers are not seeing significant affordability improvements. That’s the warning from Rightmove. Its weekly mortgage tracker shows that the average five-year fixed mortgage rate is now 4.75% compared with 4.78% at this time last ...

Media reports over the weekend suggest that UK financial regulators have proposed allowing banks to lend more mortgages to first-time buyers with smaller deposits and lower incomes. This is a bid to kick-start growth in the economy, in response to …

The mortgage sector has reacted positively to the latest house price data. The Halifax says UK house prices finished 2024 up 3.3% over the past year, with the average house price now at £297,166.