Interest rates held..............

The Bank of England has voted unanimously to keep the UK's main interest rate at a record low of 0.25%. It said that the next rate move could be in either direction. The last change was a rate cut in August  in the wake of the UK's vote to leave the EU. The Bank said...


Annual house price growth accelerates....

Annual growth in UK house prices accelerated for the first time in eight months in November, a lender's figures show. The Halifax, part of Lloyds Banking Group, said property prices had risen by 6% compared with a year ago. That meant the cost of a typical home was £218...


Further calls for Government to cut stamp duty.............

There have been further calls for the government to scrap recent changes to stamp duty today as the latest research suggests that stamp duty must be cut to get the property market moving. According to the report, house prices at the top of the London property market have been...


Interest Rates on hold..........

The Bank of England has raised its growth and inflation forecasts for 2017 and kept interest rates on hold at 0.25%. It now expects the economy to expand by 1.4% next year, with inflation set to surge to 2.7% - nearly triple its current level. Growth of 1.5% is now forecast for...


Over 5.5 million people believe they will never own a house............

The latest research from comparethemarket.com has revealed that over 5.5 million people in the country believe that they will never be able to own a home. The survey of over 2,200 adults who have never owned a home, found that 33% of respondents believe that at no point in their...


Would you move home for a School catchment address........

Would you move home for a school catchment address? New research from Santander Mortgages has found that 26% of parents with children of a school age have either bought or rented a new property in order to secure an address within their desired school catchment area. The study...


Nationwide reduces long term fixed rates..............

Nationwide has announced this morning that it has reduced selected fixed rates by up to 0.20%. According to the lender, five-year fixed rate deals now start at less than 2% for the first time. The five-year fixed rate range will now start at 1.99% with a £999 fee and 2.19...


2016 shapes up as a year of two halves.......

Statistics from over 90% of the market show price of property coming to market falls by 1.2% (-£3,602), in line with the 1.2% average drop over the last six years at this seasonally subdued time of year Larger homes taking longest time to sell and suffering largest drop in...


Opera Cabaret presents Music for a While............

Tickets are still available! (Some of you may have received inaccurate information in the previous email.  ) Music for a While - Saturday 10 September 6pm Venue:  The Old Church Stoke Newington Church Street Lore Lixenberg and Lucy Stevens are performing a fascinating...


What happens post Brexit?............

Gross mortgage lending for May was at its highest level for the month since 2008, according to the Council of Mortgage Lenders, amid warnings of reduced activity following the Brexit vote. The trade body estimates that gross mortgage lending reached £18.2bn in May, up 4...


Will Brexit affect the housing market?............

The latest opinion from Hometrack has suggested that should UK vote in favour to leave the EU, housing transactions could fall by as much as 10%. According to the report, city level house price growth is running at 10.4%, compared to 6.6% twelve months ago ahead of the General...


Ladies knit Stoke Newington Common...........

A knitting group who recreated Stoke Newington Common out of wool will be offering “guided tours” of their model for the Chelsea Fringe Festival. Common Thread, run by the Stoke Newington Common Users’ Group (Snug) spent four pain-staking months creating the...


'Bank of Mum and Dad revealed as top mortgage lender!........

According to new research from Legal & General and Cebr, one of the top 10 mortgage lenders in the UK is now 'The Bank of Mum and Dad' and is on track to lend over £5bn in 2016.The research revealed that family and friends will be involved in a quarter of all UK...


April is National Home Improvement month............

As this month is National Home Improvement Month, the National Association of Estate Agents (NAEA) have offered some advice on how property owners can improve their home to increase its value. National Home Improvement Month encourages home owners to see what they can do to...


Woodberry Wetlands to open in May...........

A new nature reserve in Stoke Newington’s East Reservoir will reopen on the May bank holiday weekend, after being sealed off to the public since the early 19th century. Visitors to Woodberry Wetlands will be able to access 17 hectares of reed-fringed ponds and dykes from 1...


The Budget at a glance................

George Osborne has delivered his eighth Budget as chancellor. Here are the main points of what he said. Health and education A new sugar tax on the soft drinks industry to be introduced in two years' time, raising £520m which will be spent on primary school sport Levy...


A guide to choosing the right survey...........

You’ve found the home of your dreams but before you get swept away, it’s important to ensure the property is not going to crumble around you. People are often seduced by the way a property looks and feels and then ignore peeling paint, crumbling bricks or gurgling...


UK house price growth remains robust..........

UK house prices continue to rise at a "robust pace", the Halifax has said - a position echoed by the latest figures from a rival lender. The Halifax, part of Lloyds Banking Group, said property values were up 9.7% in February compared with a year ago, but down slightly...


I guess a pay rise is out of the question?!............

The average Londoner would need a staggering 266% pay rise to be able to afford a home, new figures show. According to the National Housing Federation’s Home Truths report, the average London home now costs £526,000 – 16 times the average Londoner’s...


Cemetery Chapel to be re-opened..............

Abney Park’s chapel is to be reopened to the public, after being fenced off and left “in a ruinous state” for years, the Abney Park Trust has confirmed. Damage to Mortuary Chapel increased after “intrusive and inappropriate repairs” were made in the...


Nationwide predicts modest house price increases.............

The latest Nationwide house price index has revealed that during January, the average price of a house in England and Wales increased by 0.3%, while annual house price growth remained stable at 4.4%. According to the report, annual house price growth has remained between 3% and...


Lenders expecting increase in Buy-to-Let.............

Lenders are expecting more jostling for buy-to-let mortgages in the coming weeks after a leap in demand in late 2015. A survey by the Bank of England said 30% more lenders expected demand to grow over the first three months of the year than those predicting a fall. Various...


Latest Halifax house price survey..........

UK house prices rose by 9.5% in 2015, according to the lender Halifax, making it the fastest annual increase in nine years. In the last month, prices went up by 1.7%, according to the Halifax, bringing the average price of a home to £208,286. However, other lenders, such as...