Savills has issued a new five-year house price forecasts for both the prime and mainstream markets. As borrowing costs rise, the housing market will diverge between the mortgage-dependent mainstream markets […]
Bank Of England Governor Expects Mortgage Rates To Fall As Market Calms
Andrew Bailey With financial markets starting to calm, the governor of the Bank of England, Andrew Bailey, says that he expects to see mortgage rates fall. Rates are typically priced […]
Bank Of England Set To Confirm Biggest Interest Rate Hike In 33 Years
Another rise in UK interest rates today is inevitable. The only question is how far policymakers will go at their meeting this morning, as pressure grows on the Bank of […]
Estate Agency Worker Who Stole Almost £200,000 Narrowly Escapes Jail
An estate agent worker who stole close to £200,000 to fund a gambling habit has narrowly avoided an immediate jail sentence. Ryan Freeman, of Ponteland, let his employers at Jan […]
EYE NEWSFLASH: Redundancy Process Under Way At Homesearch
Property Industry Eye has learned that the well known estate agency proptech company Homesearch is making an unspecified number of redundancies among its workforce. A spokesperson for the London-based business […]
Property Industry Reacts To Fall In UK House Prices
UK house prices fell last month for the first time in more than a year as the market chaos sparked by the government’s “mini” Budget drove up borrowing costs and […]
UK Housing Market Headed For A ‘correction’, Five-Year Forecast Shows
JLL has issued its latest UK house price forecast, predicting that the housing market is set for a correction, rather than a crash, as mortgage borrowing costs rise. The company […]
EYE OPINION: Was Boomin Ever Going To Be A Contender?
For several weeks EYE has been wondering what had happened to Boomin and now we know the answer… EYE has followed the fortunes of the challenger portal (which said it […]