Last month it took 15 days on average between a buyer registering and them making their first offer on a home, the longest time recorded in any June since at least 2014
The trading backdrop has become more challenging in recent months
With transactions taking typically five-six months to process and a one in three failure rate, the industry is suffering from a distinctly slow moving sales cycle
New consultation will run for 12 weeks
Buyer numbers and agreed sales were down month on month, and expectations for pricing remain negative, new figures show
Agents give their views on the speed (or lack of) at which property transactions are progressing and why this may be, among a host of other issues
Winkworth shares dropped 14% yesterday morning after the estate agency warned 2023 profit will fall short of market expectations as housing market continues to slow
Data from conveyancing quotes indicates completed sales values in 3 months’ time
The Department for Levelling Up, Housing and Communities has been criticised for handing back to the Treasury £1.9bn of the department’s budget it had been unable to spend
Stalwart of the UK property industry passes away at 82
The Bank's latest data underlines the challenges which many private landlords now face
The annual State of the Lettings Industry report will analyse the opinions of thousands of industry stakeholders, including agents and landlords
This latest product is designed to help simplify property transactions by automatically collating data from a wide variety of sources
The owner of the high street estate agency has been punished for providing renters with substandard living conditions
Record pay rises likely to trigger half-point interest rate hike within weeks
The Money Saving expert says there is no guarantee that interest rates will go down to those super low levels
Mortgage rates have risen to their highest level since 2008
UK bank and building society bosses came in front of the Treasury Committee yesterday to discuss the state of the mortgage market
Currently employing over 180 staff, who speak 32 languages between them, many clients have been retained for over two decades
The latest figures show that fall-through rates have declined
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