The mortgage business is flatlining as buyers, sellers and lenders wait for the property market to jump start.
The latest property market statistics show fewer buyers are in the market and this is affecting sales and mortgage advances. Continue reading Flatlining property market is as good as it gets
More affordable homes need building and the government must get to grips with tough tax reforms to burst the property bubble, urges a new report.
Despite four successive boom-to-bust cycles that lead to financial problems, arrears and repossessions, policy makers have failed to deal with the issues that destabilise the UK property market, claims charity financial think tank the Joseph Rowntree Foundation (JRF). Continue reading Stop property boom and bust, urges housing task force
The housing market has perked up as estate agents report more homes for sale and a jump in the number of hopeful buyers.
The National Association of Estate Agent’s (NAEA) latest market survey shows the number of homes for sale in February was 25% up on the same period last year.
Estate agents also revealed the number of house hunters registering rose to 268 per branch from 252 in January – the highest level for seven months. Continue reading Housing market is picking up, say estate agents
The pent up demand for buying and letting homes is reflected in some new figures that act as barometers for the housing market. Continue reading Countrywide signs up 19,000 renters in a month