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Estate Agent Today provides daily industry, Estate Agency, Property Market, Housing, Moving Home and Online Estate Agent News updates for the UK's letting agent community.
What’s going to happen in the housing market next year?
2 days ago · However, some cohorts are feeling more encouraged than others. When asked about the impact of the Budget on their commitment to move, those who are looking to get their first foot on the property ladder (+39%), and those who are looking at property valued between £250k-£500k (+23%) were the most incentivised to move.
Breaking News Archives - Introducer Today
4 days ago · Here is today’s latest news from the world of mortgages and introducers. Join the debate by leaving a comment below a story. Remember, you will need to be logged-in to do this.
House price growth hit by stamp duty tax rise - Introducer Today
4 days ago · More homebuyers will pay stamp duty in 2025, expected to hit house price growth by up to 1%, finds new analysis from Zoopla. From April 2025, stamp duty rates in England and Northern Ireland will revert to previous levels, resulting in a 2% tax on sales between £125,000 and £250,000 for homebuyers and a reduced rate of relief from SDLT for first-time buyers (FTBs).
Opinion – a forecast of mortgage rates and market activity in 2025
Nov 18, 2024 · “Fixed mortgage rates across lenders, including NatWest and Barclays, have remained conservative. “While they may have nudged upward recently due to longer-term predictions, many lenders are now offering more competitive two-year fixed deals, giving borrowers flexibility and options in an environment where interest rates are expected to be stable rather than volatile.
New shock figures may spell end for imminent rate cut
2 days ago · Any surviving hope for a Bank of England base rate cut next month may have been killed off by a shock new report from the British Retail Consortium. It says November was the first time in 17 months that the food inflation rate was higher than a month earlier. While shop prices dropped 0.8% in ...
Budget risks creating extra barrier for first time buyers, warns Zoopla
Zoopla has given its take on how this week’s Budget may affect first time buyers. It says that today, FTBs do not have to pay any stamp duty on properties that cost up to £425,000 and pay partial stamp duty on homes up to £625,000 (England and Northern Ireland only).
Top Three Lenders invest in improved house buying process
Lloyds Banking Group, as lead investment partner in the latest fund-raise for the company, has invested £3m as part of a £10million funding round to support Coadjute’s long-term ambition to digitise the UK housing market and offer buyers a one-stop shop for the process.
Increasing mortgage options for first time buyers
Katie Brain adds: “There’s also some uncertainty around the stamp duty threshold. It’s currently £425,000 for first time buyers but this could potentially drop to £300,000 in April 2025, depending on the budget announcements at the end of this month.
To buy or to rent? That is the question! - Introducer Today
Kim McGinley, Director & Specialist Broker at VIBE Finance: “Whether renting or buying is cheaper largely depends on individual circumstances, market conditions and personal goals.Buying a home often proves more cost-effective over the long term, thanks to building equity and potentially benefiting from property value appreciation.