Mortgage News & Updates

Targeted stamp duty relief for older movers could free up over 500,000 homes in just 12 months, new research suggests — easing pressure on the UK housing market and increasing availability for first-time buyers and growing families.

The Bank of England may cut rates again on 7 August, offering a potential reprieve for borrowers and homebuyers. With inflation easing and market uncertainty growing, economists expect lower borrowing costs in the months ahead.

Targeted stamp duty relief for downsizers could unlock more than 500,000 homes in just 12 months, new research shows. As older homeowners hesitate to move due to tax costs, calls grow for reform to ease the housing shortage

A record outflow of millionaires and tax changes have triggered the deepest buyer anxiety in Prime Central London for over a decade. Prices are slipping, transactions are down — yet some investors see fresh opportunities.

Homes England delivered 36,872 new homes in the 12 months to March 2025 — a 12% year-on-year increase. Most completions were affordable homes, as a maturing Affordable Homes Programme begins to pay off.

The Bank of England has voted to hold interest rates at 4.25% following a 6–3 split. With wage growth slowing and inflation easing, markets are now preparing for a possible rate cut as soon as August.

The UK Government is making the 5% deposit Mortgage Guarantee Scheme permanent from July 2025. A move expected to boost confidence for both buyers and lenders across the UK.

A change in Bank of England guidance could lift first-time buyer transactions by up to 24% over the next five years. As lenders ease affordability checks, demand for homes is expected to surge — with potential implications for house prices and supply.

Private renters faced the steepest rise in living costs this year, with rent inflation hitting 3.6% in March 2025. As rental prices continue to surge, contractors and lower-income households are under increasing financial pressure.