Weekly Wrap – 6th September 2024

Introducing this Friday’s Weekly Wrap, where we bring the news to you. 

Every Friday we are ending your work week by wrapping up the last 7 days of news for you by choosing some key updates and events to share. This news will cover everything property, from estate agent fees to broker updates to government policy, and be a sure way for you to finish your week up to date.

This week we’ve seen exciting news for first-time buyers, new home selling insights, and some big potential changes for the market.

1. 1. Lloyds raises borrowing limits for first-time buyers
   2. Almost a quarter of properties need at least one price reduction
   3. Almost 60% of over-55s are making sacrifices to be mortgage-free by retirement
   4. Rayner insists Right to Buy sales must be replaced by social housing
   5. Payment regulator proposes slashing fraud refund to £85,000 from £415,000