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Category: News

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Mortgage Lending Declines Amid UK Property Market Slowdown

Mortgage Lending Declines Amid UK Property Market Slowdown

In a recent report from Yahoo Finance UK, we delve into the shifting dynamics of the UK mortgage and finance landscape. Mortgage purchase approvals are still lagging below the pre-pandemic 12-month average, raising questions about the state of the housing market. Here are the key takeaways: 1. Mortgage Borrowing Trends: According to data from the …

Revolutionary AI-Driven Property Matching Software Unleashes in the UK

Revolutionary AI-Driven Property Matching Software Unleashes in the UK

Property Raptor is launching into the UK property market after working with a number of companies. Subscribe for updates! Property Raptor introduces cutting-edge prop tech powered by two-way artificial intelligence. Our platform seamlessly connects prospective clients with properties and offers advanced tools for elevating customer service, streamlining sales processes, and data capture. Experience an 18% …

Government commits to further £2 billion of property savings

The newly unveiled Government Property Strategy aims to achieve substantial savings through property sales and enhanced building efficiency. With 7,000 roles already relocated from London as part of the civil service relocation programme, momentum is building. A key commitment is to invest more in regenerating derelict public land. Over the next three years, the government …

The Most Recent Property News from the West Midlands

The West Midlands property market continues to be in a positive state with demand high and new instructions to the market failing to keep up with the appetite of buyers. In the first quarter of 2017, there were almost twice as many buyers as properties on the market. The stock-to-purchase ratio was at just 4.5% …

London house prices forecast to fall 12pc as interest rates surge

London house prices forecast to fall 12pc as interest rates surge

Property prices in the South East will fall by 9 percent over the next two years, which equates to a £35,190 reduction in the price of the average property. The house price falls in the South West and East of England will be larger than in the rest of the country. Andrew Wishart said that …