BREAKING: Property industry reacts to Bank of England’s interest rate decision

With the number of regions from all the indices showing property prices are rising at a lower rate, more are seeing falls or prices just stagnate, we are seeing a similar picture with the 30 cities we track. The table below highlights the stark contrast between the strongest-performing cities. Belfast, Liverpool and Bradford stand out…

The Competition Appeal Tribunal has now ordered a hearing to determine whether the claim proceeds as a certified collective action Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

The Government has revealed plans to significantly overhaul both the home moving process and the property sales industry with proposals which, although familiar to most estate agents, represent a seismic shift in how the housing market will operate in the future. Ministerial claims for the ‘shake up’ include that it will save first time buyers…

Letting agents operating in the UK’s holiday hotspots have been handed a big opportunity after new research has revealed that a majority of second home owners are considering long-term or short-term lets to pay the large extra tax bills landing on their doormats. The Sykes Holiday Cottages survey of second homeowners who don’t currently let…

Estate agency boss shares her views Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe

Some lenders have already paused or reconsidered planned rate reductions, it has been revealed. The move comes in response to the repercussions of the military conflict in Iran and the wider middle east, according to Moneyfacts. It explained that so-called swap rates – which are used to help set mortgage rates – hit a 30-day…