Michael Lloyd

Average house prices rose by 3.1% in the year to July 2018, the lowest annual rate since August 2013 when it was 3%, the ONS House Price Index has found.

Online general insurance provider Source Insurance has been appointed to the GI panel of PRIMIS Mortgage Network, a conglomerate of First Complete and PINK networks.

House prices in London’s commuter belt will be hardest hit in the event of a no-deal Brexit because it is home to some of the most polarised property markets in the country, property investment platform British Pearl has found.

Specialist property lender Octopus Property has appointed three business development managers, Samantha Graydon for the Home Counties, Michelle Walsh in the West of England and Chris Timms in the Midlands.

Over half a billion of rental income is lost annually because private landlords evict good tenants – mistakenly believing that they need to sell their properties tenant-free, online buy-to-let marketplace Vesta has found.

MFB refreshes website

Mortgages for Business (MFB) has refreshed its website to improve the customer journey following feedback from clients.

Mortgage Business Expo (MBE) at the Barbican on 10 October will include a specialist lending panel debate hosted by the Financial Intermediary and Broker Association (FIBA) and the L&G Mortgage Club will host a workshop on later life lending.

The Home Office will reconvene its Private Rented Sector stakeholder panel on Right to Rent in October following pressure from the Residential Landlords Association.

The report, which was commissioned by housing association Aster, shows that shared ownership buyers across the country aren’t aware of the scheme’s flexibility.

In the Royal Institution of Chartered Surveyors (RICS) Market Survey nearly half suggested using tax incentives to encourage downsizing, while others said making changes to stamp duty and council tax would help thousands more young people realise their dream of owning their own home.