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Lenders ‘strong enough’ to keep lending

Lenders ‘strong enough’ to keep lending through a no-deal Brexit ‒ BoE

The Bank of England has admitted the chances of a no-deal Brexit appear to be rising, but argued that UK lenders are in a sufficiently strong position to continue their lending “through the wide range of UK economic and financial shocks” that may result. In its latest financial stability report and record, the Bank noted […]

New surveyors’ scheme sets quality stand

New surveyors’ scheme sets quality standards in residential surveying 12/06/2019

The Residential Property Surveyors Association (RPSA) is launching a unique standards scheme for independent residential surveyors that sets new quality and performance targets for the industry. Launching the Certified Building Surveyor Scheme at its annual conference, RPSA chairman Alan Milstein, said: “Our focus in developing this scheme has been to ensure that house buying consumers […]

Use pensions to fund first-time buyer pu...

Use pensions to fund first-time buyer purchases, says housing secretary Brokenshire

by: Liz Bury Housing secretary James Brokenshire MP has proposed that first-time buyers should be allowed to dip into their pension pots to fund deposits for buying a home. The MP for Old Bexley and Sidcup was offering “some personal ideas” to Conservative party leadership contenders on how to “empower consumers in the housing market”. “We […]

House prices up 5% in year to April

House prices up 5% in year to April

New property price data shows robust rises over the last year, but why are the monthly figures so erratic? House prices in the three months to April were 5% higher than in the same three months a year earlier, said Halifax – a robust and surprise increase in a market that had been considered muted. […]

Buying vs renting – which is Buying vs r

Buying vs renting – which is Buying vs renting – which is cheaper?

The gap is closing but who is better off by £366 a year – tenants or homebuyers? The gap between the cost of buying a home and renting one is down 59%, to its lowest level in nine years, according to Halifax. Buyers are now saving an average £366 a year compared to renters, down […]