News & Updates

First time buyers took their biggest ever share of the mortgage market in October – accounting for a third (32%) of sales.

Michael Johnson gives his views on the property market as 2016 ends and 2017 begins

House prices were described as “resilient” in the latest Rightmove House Price Index, which showed asking prices fell 1.1 per cent in the month to November, less than the seasonal average drop of 1 per cent.

The Royal Institution of Chartered Surveyors has urged the government to free up brownfield and unused land as well as speed up application approvals.

According to the latest data from CML, gross mortgage lending held steady in October and was an estimated £20.6 billion - closely matching September’s gross lending total of £20.5bn but 5% down on the £21.8bn this time last year.

Newly released government figures have shown that 190,000 homes were added to the housing stock in England in the last financial year, up 11% on 2014-2015. Of these, 163,940 were new build homes, up 6%.