House prices rise at fastest rate in two years – Nationwide Property New figures from Nationwide show that house prices rose by 3.7 per cent year-on-year last month, up from 2.4 per cent the month before.
Historic Magna Carta house hits market for £4.5m Property The Victorian listed home where King John signed the Magna Carta in 1215 is on the market for £4.5m
Two-year mortgage rates fall as markets brace for future interest rate cuts Property Two-year mortgage deals are becoming increasingly competitive as rates continue to fall faster than longer-term deals.
UK property equity surges to new record as house prices recover with falling rates September 4, 2024 The value of the UK’s property equity is higher than ever before having surged to almost £6 trillion, new research has revealed. The study by the Equity Release Council calculated that recovering house prices helped to increase the figure to an “unprecedented” £5.7 trillion in the three months ending June 30, 2024. This was up [...]
Property law transactions at historic lows but firms ‘must prepare’ for growth August 8, 2024 Transactions at property law firms have sharply slid back to pandemic-era lows this year, but firms expect Labour’s housing reforms, as well as falling interest rates, to create an onslaught of cases in the coming years. New research by legal data supplier Search Acumen, shared exclusively with City A.M., has found that total transactions across [...]