Home sales stall in stand-off over prices in wake of mortgage spike
In total there were 89,560 residential property transactions in March on a seasonally adjusted basis, according to the latest data from HMRC.
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In total there were 89,560 residential property transactions in March on a seasonally adjusted basis, according to the latest data from HMRC.
Demand for 100 per cent mortgages could be very high among first-time buyers but there are concerns around credit quality and negative equity
It is just over three years since the first Covid lockdown. As the country was told, ‘Stay at home,’ the mortgage market, along with many other sectors, was forced into new ways of working. Teams and Zoom software became part of everyday life and the restrictions marked a turning point in the sector’s use of
Newspage® asked estate agents, conveyancers, mortgage brokers and other property experts if it's a buyers' or a sellers' market currently, as there are widely
The reasons are affordability issues and, given reduced transaction levels, lenders “pricing their product transfers in line with their new business ranges”.