Economy

Bellway renews call for Help to Buy as housing recovery stalls

Housebuilder Bellway says the UK housing market recovery has “stalled” over summer, renewing its...

SortRefer posts record-breaking July as broker demand surges

SortRefer, the Derby-based conveyancing and legal services platform, has reported its strongest month on...

Industry reaction as Bank drops rates 0.25%

The Bank of England has cut interest rates to 4% following a finely balanced...

First-time buyer mortgage payments fall by £93 a month as affordability edges up

First-time buyer affordability is showing tentative signs of improvement with average monthly mortgage payments...

Renters cut back as deposit savings hit six-month low

The number of renters actively saving for a property deposit has fallen to its...

AI fuels record surge in identity fraud

Criminals are exploiting artificial intelligence to forge documents, create synthetic identities and bypass verification...

Interest rate cut could inflame house prices and worsen outlook for first-time buyers

The Bank of England’s expected decision to cut interest rates this week could reignite...

Top 12 potential sites for New Towns revealed in landmark planning study

A new report by national property consultancy Carter Jonas has identified 12 of the...

Commercial borrowing appetite softens amid inflation and uncertainty

A growing sense of caution among small and medium-sized business borrowers is dampening the...

Buy-to-let lending rises as rental market begins to rebalance

Buy-to-let investment is showing signs of renewed momentum as landlords respond to easing pressure...

UK housing market defies summer slowdown as buyers regain confidence but price growth stalls

Housing market activity has picked up pace and defying the traditional seasonal lull as...

£6.4bn economic boost possible through better financial inclusion, report finds

Improving access to affordable credit, encouraging savings and tackling the poverty premium in insurance...

Non-doms exit UK, fueling shifts in London’s ultra-prime property market

A growing exodus of non-domiciled residents is reshaping London’s ultra-prime housing market, with new...

Retail revival as investors return to High Street following Bank rate cut

Investment in the UK retail property sector has surged by 35% year-on-year as falling...

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We need clearer guidance on Stamp Duty advice

Just over a week ago Angela Rayner resigned following the discovery of a Stamp Duty breach on a flat she owns in Hove. She...

AI could make obsolescence obsolete and slash global e-waste

For decades, technology has been trapped in a cycle of forced obsolescence. Each year, a new iPhone or Android release quietly renders last year’s...

Discount Market Value: a local solution for a national housing challenge

The UK housing market is under constant scrutiny, especially when it comes to bolstering the supply of affordable housing. The government’s recent announcement of a...

Don’t overlook lifetime mortgages for clients with IHT worries

Lifetime mortgages have evolved significantly over the last few years. The industry has risen to the challenge, developing innovative new product features which ensure...

You can’t just turn on a tap and expect housing supply to flow

Yawn and stretch, the government have appointed a new housing Czar in place of the thoroughly discredited Angie Rayner, former Deputy Prime Minister, who...

Latest news

Brokers see rise in demand for business acquisition funding

Demand for funding to support business acquisitions is growing among UK SMEs, even as...

Phoebus joins Aston University to pioneer AI tools for mortgage servicing

Aston University has teamed up with Phoebus Software to create what is being described...

UK’s outdated homebuying system costs £1.5bn a year, says Santander

Half a million failed transactions annually leave buyers out of pocket and weigh heavily...

Source Insurance backs eco-focused start-up Insure4Nature

Source Insurance has partnered with ethical home insurance start-up Insure4Nature in a move that...