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breaking news
INTERNATIONAL
Average rate on 30-year mortgage in U.S. hits 3-month high
The rate rose to 6.54% from 6.44% last week, mortgage company Freddie Mac said Thursday The average rate on a...
L&G, Schroders to invest in US commercial property
The fund managers said they had separately been building up their U.S. real estate teams to make the push, anticipating...
Rightmove rejects $7.32 billion takeover offer from REA
REA, which is 62% owned by Rupert Murdoch's News Corp did not cite any reason for the offer's rejection by...
Property company mulls takeover bid for Rightmove
REA, which is majority-owned by News Corp, said it was considering a possible cash and share offer for Rightmove Property...
LANDLORD
Landlord profitability at highest level since Q1 2022
A survey of more than 700 landlords showed that, on average, around nine in 10 (87%) reported making a profit...
LATEST UPDATES
Major lenders pull sub-4% home loans
Barclays and NatWest became the latest high street mortgage lenders to announce an upward revision to their fixed mortgage rates...
House prices rose at fastest pace in over two years
The RICS said its house price balance rose to +16 from +11 in September, its highest level since September 2022...
Homebuyers undeterred by lack of stamp duty relief extension
The survey of homebuyers across England found that 71% had been hoping to see current stamp duty relief thresholds extended...
Mortgage product choice drops month-on-month
Product numbers are substantially higher than two years ago, as choice was significantly affected in the aftermath of the fiscal...
Average house price set to rise by 3% in 2025
Meanwhile rental prices are expected to outpace the rate of inflation, with increases of 4.5% in 2025 and 4% in...
House prices hit a new record high in October
Compared with October last year prices were up 3.9%, also the slowest increase since July, when Britain’s Labour Party won...