Property Tracker News Today

Looking back at some of the commentary and news analysis in Mortgage Strategy from mid- to late 2023, there was no shortage of gloom. Back in June, one headline read, ‘More BoE pain, but little gain’, as the industry’s confidence in Bank of England governor Andrew Bailey hit rock bottom. At the time, rate rises had

The combination of high house prices, rising mortgage rates, rapidly increasing essential living costs and political turmoil has seen confidence in the housing market close to a record low, the latest Property Tracker survey by the Building Societies Association (BSA) reveals. The survey found there is low consumer

The number of people who say now is a good time to buy a home has slumped to an all-time low in the face of rising living costs, according to the Building Societies Association. Just 16% of those surveyed thought it was a good time to buy a property in the BSA’s June Property Tracker, the lowest figures since it

House prices have so far continued to maintain last year's momentum with the average asking price hitting £354,564 in March, an increase of 1.7 percent on February. According to Rightmove, March also saw a year on year increase in asking prices of 10.4 percent, continuing the trend of double digit growth seen last year. Analysts

While estate agents are still open for business during lockdown, government instructions not to leave the house unless it is really necessary have meant that even more people than usual are conducting property searches online - at least initially.  Browsing the estate agents window virtually has its advantages. You can do it from the comfort of your sofa, while theres no risk of wandering inside and having to politely feign interest in homes you have no intention of viewing.  But with thousan...

HomeNewsLoans Should I use a bridging loan to get stamp duty saving? Published: 22/12/2020 Share The stamp duty holiday is set to come to an end 31 March 2021. The scheme removed stamp duty fees on properties up to £500,000 has helped to keep the housing market vibrant during the Coronavirus pandemic. However, mortgage lenders and surveyors are still catching up on the pent- up demand from when the market stopped during the Spring. The result is those wantin...

The latest Property Tracker survey from the Building Societies Association has revealed that consumer confidence in the housing market has slipped back after a rise following the announcement of the stamp duty holiday and COVID-related demand. Job insecurity looks to be the main reason for this, with over two thirds of those surveyed saying a rise in unemployment is one of the biggest potential risks to the stability of the property market in 2021. However, despite concerns that unemployment i...