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Latest property news Archives - The Negotiator
WEB4 days ago — Daily property news in the UK residential sector focused on estate agents, letting agents, property auctions and property managers.
PROPERTY MARKET UPDATE: Prices resistant to base rate …
WEB1 day ago — T his time last year, the table below was negative – but not to the expectation of any of the real doom mongers in the property market! The highest fall shown was Nationwide, with prices 5.3% below what they were in 2022. Just one year on, with rates still at 5% versus 5.25% last year, Nationwide are showing prices can still rise at this level of base rates – so far by 2.4% year on year.
REGIONAL PROPERTY PRICES: Latest market performance in …
WEB1 day ago — W e are a bit low on ‘country’ news this month as there aren’t any detailed regional property reports out at the moment. However, as we are in ‘conference season’ politically, what’s incredible is that despite the different housing policies for each ‘country’ the reality is that property prices over time grow pretty much at the same rate – 3 to 4%.
Rightmove to attract more takeover offers, analysts claim
WEB2 days ago — Rightmove could attract more takeover offers following Australian giant REA Group’s failed bid to buy the UK’s biggest portal. Analysts are now saying investors will be looking at Rightmove more closely based on REA’s interest in buying the company. After four failed cash and shares offers for ...
Hopes rise for another interest rate cut by BoE - The Negotiator
WEB2 days ago — More interest rate cuts could be on the cards as long as inflation remains under control, the Bank of England Governor suggested.. Andrew Bailey. Andrew Bailey said the Bank would be a “bit more aggressive” in its approach to the base interest rate in the coming months.. He told The Guardian newspaper: “I think the economy has come through the shocks of the last five years better than ...
Your guide to the main points in the Renters’ Rights Bill
WEBSep 16, 2024 — The Renters’ Rights Bill, which was published by the Government last week, contains some major reforms of the PRS. A ban on Section 21 ‘no fault’ evictions has grabbed the headlines, but there are many other measures in the bill that will affect landlords, tenants and agents.
Worries over Budget see Prime markets falter says Savills
WEB6 days ago — Savills says falling mortgage costs have seen outer prime London markets return to annual growth for the first time since December 2022 but warned that the impending budget is causing buyers to become more cautious within the prime market. Prime property prices in outer London grew marginally over ...
Nigel Lewis Archives - The Negotiator
WEBNigel Lewis is The Negotiator's Head of Content and a leading property market journalist.
MORTGAGES: Lenders cut rates as hopes rise of BoE reduction
WEBMay 20, 2024 — Hopes of an interest rate cut by the Bank of England next month have persuaded lenders at three of the biggest banks to cut rates for their mortgages and hopefully give the sales market a boost.. HSBC, Barclays and TSB have all reduced mortgage borrowing rates in the last week. Firstly, HSBC cut its residential and buy-to-let rates, and Barclays reduced a number of five-year fixed rates ...