Since time immemorial, gazumping and gazundering has been the scourge of the Property Market, it is costly and very irritating to buyer and seller alike. So what is the answer?

The problem lies in the protracted time taken between agreement of terms, the obtaining of a mortgage offer and a structural survey which leads to the consolidation, by way of an exchange of binding contracts, where a non-refundable deposit is paid. Continue reading →

Well, he promised it and he did it! Either he is ‘ahead of the game’ or he has acted rashly and only time will tell.

You shouldn’t run policy by newspaper headlines it is better to wait until formal economic data is available before you act.

I’m not sure that mortgage lenders will actually pass on any of these gains to the consumer but there is no question that a trend that points towards lower interest rates is far better for consumer confidence and the Property Industry than if they were inching up. Continue reading →

The Resolution Foundation has said that homes across the UK have become increasingly unaffordable for struggling potential buyers. According to them the proportion of homeowners dropped from 72% in April 2003 to 58% this year in, for instance, Greater Manchester. Continue reading →