The Nationwide Building Society has launched a product which, controversially, allows some first time buyers to borrow 5.5 times their income. From April 26 Nationwide’s Helping Hand product allows first… Read More »First time buyers can now borrow 5.5 times their income
Momentum is building for agents to provide more information on property details and portals – not wait until a prospective buyer has expressed interest.Yesterday the National Trading Standards and Letting… Read More »Consumers demand upfront property details on portals
A major agency is reporting a “frenzy” with branches inundated with enquiries as soon as homes are listed. Nicky Stevenson, managing director of Fine & Country, says: “Demand is outstripping supply… Read More »Stamp Duty deadline creating ‘frenzy’ over property listings
Rightmove has so far this year recorded 20 of its busiest ever days for visits to the site as the current buying frenzy appears to show few signs of abating.… Read More »Rightmove flying with record visits as buying frenzy continues
An agent in part of the UK with the strongest seller’s market claims the stock shortage is the worst he’s seen in 30 years – while demand seems endless. Bradley… Read More »Stock shortage is worst I’ve seen in 30 years, says agent
A new survey suggests 53 per cent of buyers never actually visit an estate agent’s office during the course of their transaction. Well over another third, 38 per cent, say… Read More »Over half of buyers never visit an agent’s office, claims new survey
A leading conveyancing industry chief says the one factor that would help improve the slow house buying process today would be the provision of upfront information. Speaking on BBC Radio 4… Read More »Sellers must be “on it” and collate info upfront to help a smooth sale
Data from Rightmove suggests a sharp increase in the number of chain-free properties on the market because sellers are increasingly willing to rent before their next purchase. The portal says… Read More »Chain-free properties boom as sellers rent ahead of next move
The stamp duty holiday frenzy has reduced the gap between asking and sale prices according to new research. Before the start of the holiday last summer, asking prices averaged £277,104… Read More »Asking price/Sold price gap narrows thanks to stamp duty holiday
Another house price index shows a super-charged housing market with prices rising 7.5 per cent in the year to January according to the Office for National Statistics.Prices rose most starkly… Read More »Turbo-charged housing market – prices still rising 7.5% a year
