Transaction numbers fall in August

Provisional numbers from HMLR indicate that transaction volumes fell slightly in August to under 85,000, compared to 86,500 in July, and against August 2022 represent a fall of 20%. The figures are drawn from HMLR’s Transaction Data published monthly with final numbers expected to be confirmed later this week. The news came at the end of the […]
Single first-time buyers struggle to buy a house of their own

Over the past two decades even though the percentage of new house purchase loans taken out by FTB’s has continued to increase, high house prices and affordability issues have meant that there has been a big reduction in the proportion of mortgages taken out by single first-time buyers. In 2006 the proportion of loans taken […]
Landlord debt is ‘on the rise’

New research has revealed that the average landlord has seen the amount of money they owe via buy-to-let mortgage loans increase by 19% in the last year. To understand how recent months of economic turmoil have impacted buy-to-let landlords across England & Wales, Octane Capital analysed the average number of properties owned by each buy-to-let […]
Financial incentives and clarity on targets needed to improve energy efficiency – claim

While 73% of homebuyers show at least some interest in Energy Performance Certificates (EPCs), their influence on purchase decisions remains limited, it has been suggested. In October 2021, the UK Government published its Heat and Buildings Strategy that set out how the UK will decarbonise homes and commercial, industrial and public sector buildings, as part […]