Lending from Bank of Mum and Dad set to surge amid higher mortgage rates and end of Help to Buy
Bank of mum and dad paid out almost £9bn last year
Marc da Silva
‘The government’s failure when it comes to housing delivery is clear for all to see’
What's happened to the government's housebuilding target?
Homeowners are £500 better off a year than tenants as cost of renting soars
Monthly cost of owning a home £42 cheaper than renting the equivalent
Value of new mortgage commitments fall sharply
New mortgage commitments fell by a third in the last quarter of 2022 compared to the previous quarter
New major Build to Rent platform launched at MIPIM
BTR is a aast-growing sector and there is a huge amount of investment going into it
Developers sign government’s remediation contract
Government wrote to developers on 30 January 2023 asking them to sign a contract committing them to remediate unsafe buildings which they developed
Letting agent ordered to pay over £25,000 for serious fire safety breaches
A number of fire safety breaches were identified at HMO, including unsafe electrics, poorly maintained fire doors and missing smoke alarms
Estate agents reveal most important assets in slowing market conditions
The study found that when contemplating slower market conditions, estate agents believe a two pronged approach is the best way to win business
New product is a ‘game changer for estate agents’ – claim
The data collected can be used to prepare reports
Fine & Country names top agents! And the winners are…
Fine & Country held its annual conference and awards in London
Chancellor urged to increase supply of ‘good quality, energy-efficient homes’
The chancellor will attempt to address rising inflation and the cost-of-living crisis, while he also faces calls from the housing industry to help ease the chronic shortage of homes nationwide
Discount to asking price widens, fresh data shows
There has been a recent rise in new instructions coming to the market, creating more choice for buyers
Fresh powers to clampdown on agency boards set to be granted
The new powers look set to last for five years
Survey reveals worrying lack of knowledge on EPCs, despite new laws
The news rules are less than a month away from being introduced
Chancellor encouraged to tax the real culprits of unsafe homes
The chancellor has been warned that a slew of 12 different taxes and levies on residential builders, at £4.5bn a year, means that many sites risk becoming unviable
ONP Group integrates with ChatGPT
Stockport-based ONP Group incorporates O’Neill Patient Solicitors, Grindeys, and Cavendish Legal Group
First-time buyers persisting with Help to Buy as cut-off point approaches
Introduced in 2021, as a replacement for the original Help to Buy scheme, the Help to Buy Equity Loan Scheme is set to end at the end of the month
FCA confirms help for those struggling with their mortgage
The FCA says it will continue to monitor the mortgage market and how firms are supporting their customers
Football league club agrees partnership with self-employed estate agent
The partnership will see advertisements of the estate agent's business around the football ground for the remainder of the 2022/23 season
Improved customer identity verification standards for new home sales
The new process aims to remove the requirement for a customer to show their ID separately to a number of different parties through their purchase journey