News and Updates | Drivers & Norris

Over 50,000 new homes have entered the market following the stamp duty deadline

April, 2025

Sellers are slashing asking prices to help mitigate the increased cost The latest analysis from Yopa has revealed that almost 54,000 home sellers have entered the market across England...

Why did property sales fall through in Q1 2025?

April, 2025

Just under a third of property sales fell through before completion in the first three months of 2025, according to new research from Quick Move Now. The latest data from Quick Move Now...

Prime lettings market returns to growth during Q1: Savills

April, 2025

The commuter belt saw the strongest quarterly rental growth, with central London remaining more discretionary, according to Savills' latest data. Rental values of prime residential...

Rental growth rates still slowing

April, 2025

After two years of unusually high growth, the latest evidence shows that rental growth rates continue to slow. Across the largest cities in the UK, the average rate of rental growth slowed to...

Buy-to-let mortgage rates fall as lenders compete for landlord business

April, 2025

ModaMortgages, Keystone Property Finance and Zephyr Homeloans have all announced rate cuts across their buy-to-let mortgage products, reflecting increased competition among lenders targeting...

Blooming lovely: top spring gardens

April, 2025

Spring has arrived, and as flowers bloom, temperatures rise and nature returns, the focus is turning to gardens. In celebration of this invigorating season, we’ve scoured the country...

Average room rents see year-on-year rise of 1%

April, 2025

Despite average rents rising across the UK over the last year, rents in Birmingham have fallen for a fourth consecutive quarter. New data from SpareRoom has revealed that London room...

First Time Buyer mortgage demand surges – but will it last?

April, 2025

New data from Legal & General shows what the firm calls ”a significant uptick” in first-time buyer searches in Q1 2025, compared to Q4 2024. Total searches for first-time buyers...

Local authorities with the largest increases in Land Registry applications unveiled

April, 2025

New data analysis shows that a rural county in Wales was the local authority that saw the biggest percentage increase in property applications to the Land Registry last year. Powys, the rural...

Demand falls after stamp duty rush

April, 2025

New buyer demand slipped to a new -32% in March, the weakest level since September 2023, the UK Residential Property Survey from RICS found. This represents a reduction from a net -16% in...

Trump tariffs could freeze Bank of England base rate

April, 2025

The inflationary effects of President Donald Trump’s tariffs mean the Bank of England could keep the base rate at its current level for longer, according to an economist. While...

Coastal homes take longer to sell as buyers return to urban areas

April, 2025

Five years on from the pandemic starting, many of the coastal and city trends which took place have now reversed. Lockdown restrictions, hybrid working and a general re-assessment of living...

Improved rental yields give landlords carrot to stay in the market

April, 2025

Landlords can benefit from better rental yields than a year ago, as investors made typical returns of 7.4% in the first quarter of 2025 across England & Wales. This marks an increase from...

Foreign buyers of UK homes head to north of England

April, 2025

The proportion of people from overseas registering to buy a home in Britain is down to 1.0% says Hamptons letting agency. This is the lowest percentage on record. Meanwhile in Prime Central...

London and Birmingham rental demand driven by the suburbs

April, 2025

Suburban areas are seeing high demand from renters, driven by the relative affordability of areas like Epsom, Twickenham and Kingston upon Thames, SpareRoom research shows. Once popular among...

Rightmove says London back in vogue amongst owners and buyers

April, 2025

Five years on from the pandemic-induced ’race for space’ it appears London is back in vogue amongst existing owners and new house buyers. A new report from Rightmove says many of...

Getting your head around the Renters’ Rights Bill

April, 2025

Jon Cooper, director of mortgages at Aldermore, explores what landlords need to know about the Renters Rights Bill before it comes into effect later this year. The...

Build-to-Rent: rest of UK catching up with London

April, 2025

Build-to-Rent is starting to gather steam outside London, as the capital is viewed as a mature market for the sector, analysis from debt advisory and investments firm Excellion Capital shows....

A third of landlords to offload properties, new survey suggests

April, 2025

One out of three landlords (31%) are considering selling up due to economic and regulatory challenges, new research from Aldermore shows. The shrinking of available rental properties could...

Trump’s tariffs set to drive down UK mortgage rates

April, 2025

Mortgage rates look set to fall as US president Donald Trump’s tariffs continue to send shockwaves through global supply chains. Financial markets are now pricing in greater chances of...

Demand for new build homes increasing across major cities

April, 2025

Almost one in five new homes secured a buyer in Q1 The latest analysis from Ceres Property has shown that whilst overall demand for new homes fell marginally during the first three...

Knight Frank: Stamp Duty ‘inflated’ Q1 activity but property tax landscape is now clear

April, 2025

The Stamp Duty deadline at the end of March has artificially inflated demand in London’s prime residential market last month, Knight Frank claims. Analysis of prime Central London (PCL)...

Prime London rents climb ahead of Renters’ Rights Bill

April, 2025

Tom Bill, head of UK residential research at Knight Frank, looks at what's happening at the top end of the capital's lettings market. The pushback against the Renter’s Rights Bill...

Property industry reacts to fall in UK house prices

April, 2025

Residential property prices fell by an average of 0.5% in March, compared with 0.2% growth in February, the latest Halifax House Price Index reveals. The average property price now is...

Average UK house prices fall in March: Halifax

April, 2025

Demand is returning to normal, and new applications are slowing following the rush ahead of the Stamp Duty deadline. The latest data released by Halifax has revealed that the rate of...

New homes growing in popularity

April, 2025

Not only would 53% of home movers consider buying a brand new home (up from 47% last year), but 21% would prefer a new build (up from 17%). The government is committed to building more...

Free guide to retrofitting energy efficiency kit to homes

April, 2025

The Royal Institution of Chartered Surveyors has launched a free guide for retrofitting homes. The institution claims there’s an increasing public interest in retrofitting as people seek to...

Rental yields showing signs of stabilisation

April, 2025

Rental returns across England and Wales remain solid, with total average yield for England and Wales hitting 7.4% in Q1 2025, up 0.3% on the same quarter last year, and at exactly the same level...

Where are the country's fastest and slowest moving property markets?

April, 2025

Properties in Newcastle are snapped up nearly twice as fast as those in Blackpool, according to newly released research from OnTheMarket. New research from property portal, OnTheMarket...

Fewer than 2% of homes currently offering buying schemes despite high-demand

April, 2025

In Glasgow, just 0.1% of homes listed for sale offer a buying scheme. While buying schemes designed to aid homebuyers onto the ladder are in high demand, stock availability offering...

How to Weed-Proof Your Garden Before the Easter Bank Holiday

April, 2025

Have you been gasping to get back in the garden after what’s felt like months of endlessly disappointing weather? Yep, so have we – but there’s a silent garden killer that may...

Buy to let possessions up, but demand for mortgages rises sharply

April, 2025

New data from mortgage lending trade body UK Finance shows that in Q4 2024 there were 52,648 new buy-to-let loans advanced in the UK, worth £9.6 billion. This was up 39.2 per cent...

Renters’ Rights Bill delay causing ‘needless uncertainty’ for landlords and tenants

April, 2025

The government is being urged to tell landlords and tenants when measures in the Renters’ Rights Bill. The Government pledged last year to abolish Section 21 ‘no explanation’...

Upsizers delaying purchases due to Stamp Duty increase

April, 2025

Half of the respondents in a new survey who indicated they were delaying their purchase said they need to save extra money to pay the increased rate of stamp duty. The latest research...

Average rents rise for third consecutive month

April, 2025

As well as rising rents, March also saw an increase in void lengths, rising to 21 days from 20 in February. Rents rose again during March, according to the Goodlord Rental Index,...

Last week saw 92% more people move home than the average for Q1

April, 2025

There was a surge in the number of people moving home last week as homebuyers raced to complete before lower stamp duty thresholds are restored on 1 April. Data from reallymoving, the...

Cost of moving home surges following SDLT changes

April, 2025

The initial cost of moving home has increased by as much as 13% over the last year alone The latest analysis from Yopa looked at how the cost of homeownership has changed, how this has...

A month of property completions in five days

April, 2025

Completions hit record highs at the end of last month as the conveyancing and estate agency sectors came together to beat Stamp Duty deadline. Simplify, the conveyancing and property services...

Annual house price growth flatlined in March – industry reaction

April, 2025

The annual rate of house price growth remained stable in March at 3.9%, unchanged from February, according to the latest data from Nationwide. Northern Ireland remained the top performing...

Annual house price growth remains steady in March: Nationwide

April, 2025

Activity in the housing market is expected to "soften" following the rush to beat today's Stamp Duty deadline. The latest data released by Nationwide this morning has revealed that the...

Mortgage approvals drop ahead of Stamp Duty changes

April, 2025

The level of mortgage approvals declined during February in the build up to the Stamp Duty deadline, official figures show. The latest Bank of England data shows net mortgage approvals for...

Stamp Duty increase piles further pressure on buy-to-let landlords

April, 2025

With the stamp duty increase on additional properties taking effect today, Together’s latest research reveals the impact of rising costs on buy-to-let landlords. Among the 11% of...

Home moving costs rise as Stamp Duty thresholds drop

April, 2025

Stamp Duty thresholds have fallen from today and have pushed the cost of moving a home up by 13%. From today, first-time buyer Stamp Duty relief has dropped from £425,000 to...

Big jump in landlords planning to sell up

April, 2025

Just over a third of landlords plan to sell at least some or all their buy-to-let properties, the latest landlord survey from Landbay has revealed. This is up from 29% in the previous survey,...

Best and worst areas for transaction times revealed

March, 2025

It’s taking an average of 18.80 weeks or 131.6 days to sell a property across England, research suggests. The latest Speed of Sale analysis by quick-buy firm Property Solvers has analysed...

Boston revealed as the nation's local planning authority hotspot

March, 2025

Planning approvals in the Lincolnshire market town were up by over 38% last year. The latest internal data release from Searchland, the development site sourcing specialists, has...

UK housing market steady but ‘nagging sense of apprehension’ remains

March, 2025

The spring statement contained no nasty surprises for the UK housing market, but it failed to address concerns about the government’s tight financial headroom, according to Tom Bill, head of...

Property transactions surge ahead of stamp duty changes

March, 2025

The UK housing market saw a significant increase in activity last month as purchases rushed to complete transactions before tomorrow’s stamp duty increase. The latest data from HMRC...

New report seeks to reduce property sales fall-through rates

March, 2025

Getting a property sale over the line can be stressful at the best of times, especially for buyers and sellers whose transactions fall-through just before completion. That was the grim reality...

London’s most prime neighbourhoods revealed

March, 2025

There are currently 4,073 homes listed across the prime London market with a price tag of £2m or more. The latest market analysis by prime London property brokerage, Jefferies...

Revealed! The busiest month for home sales

March, 2025

July reigns supreme as the busiest month for the number of sales agreed, research suggests. Analysts at TwentyCi have been crunching the numbers to find out which month is the busiest to sell a...

How to tell if an area has a good community spirit

March, 2025

When you're searching for a new home, it's not just about the house itself — the neighbourhood and the community around it are just as important. A strong sense of community can make a huge...

The rise of co-living

March, 2025

Many of us have embraced new ways of working in the last few years and now housing providers are offering us a new way to live. Welcome to the idea of ‘Co-living’. The London...

Housebuilding levels fall despite government’s ambitious plans for growth

March, 2025

The number of project starts dropped by 29% year-on-year to 107,520 in 2024, down from 150,360 in 2023, according to the latest ONS data on starts and completions of new build dwellings in the UK....

OBR: Housebuilding to reach 40-year high thanks to Labour planning reforms

March, 2025

The government’s reforms to the UK’s planning system will result in housebuilding reaching its highest level in over 40 years, the Office for Budget Responsibility has predicted....

Spring Statement 2025: Industry reacts to another missed opportunity for UK property

March, 2025

The Chancellor has updated Parliament and the nation on the economy, public finances and progress against the Government’s economic objectives. As widely expected, today's...

Spring Statement: Lower growth but more homes

March, 2025

The Government’s planning reforms have been given a seal of approval from the Office for Budget Responsibility (OBR) but economic growth forecasts have been cut. Chancellor Rachel Reeves...

Annual house price growth surges to 4.9% in January: UK HPI

March, 2025

The price of a typical UK house was £269,000 in January 2025 - £13,000 higher than 12 months ago. The average UK house price annual inflation was 4.9% (provisional estimate)...

House prices, rents rise across the UK – ONS

March, 2025

Residential property prices have continued to increase across the UK, the latest figures have revealed. According to provisional estimates from the Office for National Statistics, average house...

First-time buyer numbers surged by 18.8% in 2024, should more be done to help them?

March, 2025

The value of the first-time buyer market topped £106bn in 2024 Research by GetAgent.co.uk has found that the number of first-time buyers climbed by 18.8% last year, reversing the...

Homebuyer affordability improves for the second consecutive year

March, 2025

Strong earnings growth and a more subdued property market are driving an increase in housing affordability, according to new analysis. New research from Yopa looked at the UK housing...

London rental market remains stable as demand and supply hold steady

March, 2025

Foxtons' latest data shows that the average rent now stands at £557 per week in the capital, slightly higher than in 2024. As we progress through 2025, the Lettings market remains...

Almost half of tenants know little or nothing about Renters Rights Bill

March, 2025

Research carried out by mortgage market specialist Pegasus Insight shows 43% of tenants knowing little or nothing about the Renters’ Rights Bill . The latest Tenant Trends ...

Property industry reacts to Zoopla House Price Index

March, 2025

Residential property price growth is slowing after a sustained recovery over the last 12 months, new data from Zoopla shows. According to the property website’s latest house price index,...

UK house price growth slows to 1.8% in February: Zoopla

March, 2025

A spring surge in homes coming to the market has reinforced the current buyer's market. House price growth is slowing after a sustained recovery over the last 12 months. Zoopla's latest...

Spring Statement 2025: Property industry's thoughts ahead of today's announcements

March, 2025

At 12:30 pm today, Chancellor Rachel Reeves will deliver her update on the economy as well as any progress made since last October's "painful" Budget. Ahead of the widely touted...

Fall through costs rise to over £244m in Q4 despite a reduction in volumes

March, 2025

The average cost of a collapsed property sale hit £3,456 during the final quarter of 2024, according to new data. The latest research from eXp UK analysed the latest quarterly...

The impact of ULEZ on London house prices

March, 2025

Despite the positive impact of the Ultra Low Emission Zone on London’s air quality, its implementation has had a negative effect on house prices in ULEZ boroughs, according to new...

Buy-to-let remains investment of choice for thousands of investors

March, 2025

Thousands of property investors, made up primarily of buy-to-let landlords, attended the National Landlord Investment Show (NLIS) in London last week, demonstrating that there is still plenty of...

Housing affordability returns to pre-pandemic levels but ‘ongoing issues remain’

March, 2025

Housing affordability improved last year as the average average residential property price in England at £290,000 was equal to 7.7 times average full-time earnings of £37,600, up from...

Spring Statement 2025: Wishes for the housing sector

March, 2025

Jonathan Cox, head of social housing at Anthony Collins, looks ahead to Wednesday's Spring Statement and urges the Chancellor to provide greater clarity surrounding the new Affordable Homes...

Sharp rise in stamp duty tax take as buyers rush to beat deadline

March, 2025

Homebuyers paid £1.1bn in stamp duty last month, up 24% on the £848m paid in January, as buyers rushed to beat the fast-approaching stamp duty increase, fresh analysis of the...

Brits set to borrow £18.4bn this year for home improvements

March, 2025

Around 7.7 million UK adults expect to take out a loan this year, according to the research by Go.Compare . Using average loan amounts since 2022, this means personal loan borrowing could...

UK housing costs hit a record high in 2024, new data shows

March, 2025

There was significant increase in UK housing costs last year, hitting an all-time high of £217bn for the first time, new data from Savills reveals. The analysis of private and social...

UK housing market adjusts as economic policies take shape

March, 2025

Tom Bill, head of UK residential research at Knight Frank, explores how a clearer picture surrounding tax and inflation expected next month may help to underpin demand. Evaluating the...

Spring Statement 2025: What could be on the cards for homeowners?

March, 2025

While not as big as the Autumn Budget, the Spring Statement on Wednesday may introduce some significant changes for homeowners. The Chancellor has previously stated that she wants to...

Hook a new home

March, 2025

March is typically one of the strongest months for sellers to spring into action. This year there has been a higher amount of supply coming to the market, taking competition in the sales market...

UK property auction market saw a dip in activity last month, new data shows

March, 2025

There was a notable drop in activity levels in the UK property auction market last month, albeit it regional, with total lots sold down by 4% compared to last year. However, the market remained...

The Sunday Times Best Places to Live 2025 revealed

March, 2025

Estate agents in Saffron Walden will be pleased to learn that the Essex town has been named the best place to live in the annual Sunday Times Best Places to Live guide. The genteel market town...

Industry reacts as Bank of England holds base rate at 4.5 percent

March, 2025

The Bank of England held interest rates at 4.5% and warned against assumptions that they would be cut over its next few meetings. The Monetary Policy Committee overwhelmingly voted 8-1 to...

Bank of England leaves the base rate frozen at 4.5%

March, 2025

Following a drop in February 2025 from 4.75%, the rate has today been maintained at 4.5%. The Bank of England's Monetary Policy Committee has voted 8-1 to hold the Bank Rate at 4.5%....

How to boost your property's value by 10% with elbow grease

March, 2025

Carrying out a spring clean on your home ahead of a sale can potentially add thousands to its value, according to newly released research from HaMuch. With the first signs of warmer...

Bigger homes driving house price growth, says Halifax

March, 2025

Demand for larger homes has driven growth in UK property prices over the past year, according to new research by Halifax. As easing interest rates improved mortgage affordability, annual...

Two thirds of homeowners underestimate the value of their property, says Zoopla

March, 2025

The vast majority of homeowners in this country do not have a clear idea of how much their property is worth, according to new research from Zoopla. The study found that eight in ten (78%)...

Average house prices surge across the North and West Midlands

March, 2025

The current level of demand for homes is likely unsustainable due to the looming changes to Stamp Duty Despite negative economic news regarding the wider UK economy, the UK property...

The Guild London Spring Market Report

March, 2025

2024 turned into a much stronger year for the housing market than many anticipated, with a return to house price growth. This year looks set to continue in a very similar way with continued...

Inflation-adjusted house price growth just 12.1% over decade, analysis shows

March, 2025

Fresh analysis shows that whilst the average UK house price has climbed by 51.8% over the past decade, this rate of growth falls to just 12.1% after adjusting for inflation. The findings come...

Planning delays must be addressed if Labour has any chance of hitting its housing targets

March, 2025

The average time to make a planning decision now sits at 415 days in the nation's worst offending planning authority. The latest internal data release from Searchland, the development...

Over 70% of homebuyers now likely to miss the SDLT deadline

March, 2025

The conveyancing process has been cited by many as the key reason for missing next month's deadline. New insight by Benham and Reeves has revealed that 70% of homebuyers who have...

Homebuyers warned not to wait for mortgage rates to drop before making their move

March, 2025

Research by award winning mortgage adviser, Alexander Hall , has revealed that homebuyers currently sat on the fence in hopes of improving mortgage affordability could find themselves...

Stamp duty changes see average monthly mortgage completions surge by 26%

March, 2025

Homebuyers who miss next month's stamp duty deadline will be out of pocket by an average of £6,512, according to the latest estimates. Newly released data from Barclays has...

Bank of England expected to hold rates this week as inflation persists

March, 2025

The Bank of England (BoE) is widely expected to keep interest rates steady at 4.5% on Thursday, amid greater uncertainty over US President Donald Trump’s developing tariff policy, while UK...

Strong start to the year is ‘sustaining momentum’ as demand for houses grows

March, 2025

The demand for detached houses has increased by 14% since the start of the year, research by TwentyEA has found. An analysis of the latest market statistics...

It's all in the numbers: Evens are selling for more than odds

March, 2025

Despite even numbers selling for 2.5% more on average, the nation’s most popular house number over the last year was odd. GetAgent analysed sold price records from the Land...

How to buy a forever home

March, 2025

When searching for a home, the idea of a “forever home” is often a dream. However, whether or not you find one can depend on various factors, from your personality to your financial...

UK housing market expanded by 6.3% in 2024

March, 2025

The total value of the UK housing market reached £379bn in 2024, according to newly released figures from Savills. New research by property firm Savills has revealed that...

Property industry reacts to new Rightmove House Price Index

March, 2025

The average p rice of property coming to the market for sale increased by 1.1%, or £3,876, this month to £371,870, which is in line with the long-term March average increase, fresh...

House prices edge up amid the most competitive market in a decade: Rightmove

March, 2025

The property market remains resilient, with positive signs of growth heading into Spring. The latest data released by Rightmove this morning has revealed that the price of a typical UK...

First-time buyer monthly mortgage now 15% cheaper than renting

March, 2025

The sharp increase in rental prices over the past few years has made buying a home, on average, 15% cheaper than renting, reversing a recent trend. Currently, the average rent across England...

2024 saw four consecutive quarters of house price growth: Benham and Reeves

March, 2025

The UK property market as a whole saw a 3% annual rate of growth during 2024, whilst London house prices increased by 0.9% year on year. The Benham and Reeves Property Market Index...

Buyers rush to complete deals ahead of stamp duty deadline

March, 2025

Propertymark’s latest Housing Insight Report, which takes a look at the trends that affected the UK housing market in January 2025, has been released. The trade body gathered the...

Landlords remain optimistic about 2025 despite concerns over regulation and economy

March, 2025

Over two-fifths of landlords are concerned about renters’ ability to pay rent, according to a new survey UK landlords remain confident in the buy-to-let market, with many planning...

Top tips to attract buyers this spring

March, 2025

Spring is the season of renewal, where potential buyers look for a fresh start in a new home. Here are some top tips on how you can attract buyers this spring to get your dream move started....

Upsizers are being held back by current market conditions

March, 2025

More than 70% of current homebuyers are looking for a larger property Regency Living has surveyed current UK homebuyers and found that 72% of respondents are looking to buy a property...

RICS Survey shows UK housing market losing momentum

March, 2025

Whilst national house prices overall continued to rise, the UK Residential Property Survey found that several factors of uncertainty reduced momentum in the UK’s housing market in...

Planning and Infrastructure Bill unveiled – to lift the ‘bureaucratic burden’

March, 2025

The government has introduced the Planning and Infrastructure Bill, with the remit of speeding up planning decisions to boost housebuilding. Planning committees will be reformed, as...

Property MOT could be the solution to speed up property sales

March, 2025

With the average time it takes to complete a home purchase typically taking more than five months, an estate agent in London is calling for the industry to establish an ‘MOT’ system...

Prospective homeowners placing greater importance on energy efficiency

March, 2025

Despite energy efficiency steadily climbing up the list of priorities for UK house hunters, cost remains a major barrier to implementing them. Prospective homeowners are placing as much...

Where are the nation’s most expensive postcodes?

March, 2025

Nine of the top 10 most expensive postcodes for house prices in the UK are found within the capital. Jefferies James analysed price-paid data from the Land Registry looking at...

Sustainable living: Eco house designs

March, 2025

It’s easy to see the appeal of eco homes. Lower running costs are making them a more popular choice for buyers. However, they offer numerous benefits beyond lowering energy bills. Eco...

Boost for buyers as mortgage rates drop but deals are moving fast

March, 2025

Average mortgage rates have dropped to their lowest levels since before the Budget in October 2024 but buyers need to act fast to get them. Data from Moneyfacts shows average mortgage rates on...

Conveyancing costs surge by 18%

March, 2025

Conveyancing costs have risen by the highest amounts in the North East New figures released by Moverly have shown that conveyancing costs have increased by as much as 18% in the past...

Rental sector still "far from pet friendly" despite looming Renters' Rights changes

March, 2025

Just 8% of rental properties are currently advertised as ‘pet friendly’ New insight from Zero Deposit reveals that just 8% of rental properties listed on the current market...

Reliance on the Bank of Mum and Dad for home deposits at all-time high

March, 2025

Over 10% of buyer deposits are now funded by the Bank of Mum and Dad New data released by Twenty7tec has highlighted that family wealth is playing a bigger role than ever before in...

First-time buyer mortgage repayments 20% lower than rents: Zoopla

March, 2025

It is cheaper to buy than rent across all areas of the UK apart from one, according to Zoopla's latest data. The average first-time buyer mortgage payment has been revealed to be 20%...

Property industry reacts to latest UK house price data

March, 2025

UK house prices unexpectedly dipped in February, Halifax data revealed on Friday. Residential property prices fell slightly by 0.1% month-on-month in February, after increasing by a revised...

House prices remain steady in February: Halifax

March, 2025

Annual house price growth remained at +2.9% during the month, unchanged from January The latest figures released by Halifax this morning have shown that average house prices remained...

Mortgage payments 20% cheaper than renting

March, 2025

The cost of paying a mortgage as a first-time buyer is 20% lower than renting, analysis from Zoopla has revealed. Monthly payments come to £1,038 per month, compared to the average rent...

Uptick in mortgage approvals

March, 2025

Mortgage approvals in January were 18% higher than a year earlier, as buyers look to secure properties before the nil-rate threshold for stamp duty reverts from £250,000 back to...

How to Spot the Perfect Property for a Profitable Holiday-Let: Expert Tips

March, 2025

As the UK’s holiday-let market continues to thrive, many property investors are looking to tap into the potential of short-term lets. However, not every property is suited for...

Sellers reducing asking prices ahead of stamp duty changes

March, 2025

A growing number of sellers are cutting asking prices ahead of this month’s stamp duty deadline in order to offset the incoming cost increase and entice buyers into a purchase, with the...

The most affordable areas for first-time buyers to buy a home revealed

March, 2025

The most affordable areas for first-time buyers to secure their first home have been revealed. Kilmarnock has been crowned the most affordable area to buy a property in the whole of the UK for...

Average first-time buyers are paying £350 per month more for mortgages than in 2020: Rightmove

March, 2025

Despite the huge increase in monthly costs, Rightmove estimates that average payments are still £155 lower than their peak in July 2023. The latest research from Rightmove has...

Leaseholds to be abolished – responses

March, 2025

The UK government plans to ban the sale of new leasehold flats in England and Wales, as revealed in a commonhold white paper published this year. Parminder Sidhu, head of the residential...

Leaseholds to be banned outright

March, 2025

The UK government plans to ban the sale of new leasehold flats in England and Wales, as revealed in a commonhold white paper published this year. The plan is to replace the leasehold model...

Gap between asking and sold prices narrows since Autumn Budget

March, 2025

The average difference between asking and sold prices now sits at 17.4%, according to newly released data. The gap between the original asking price of the nation’s home sellers...

Rental inflation drops to 3.5-year low, Zoopla report reveals

March, 2025

Rental inflation across the UK has slowed to its lowest level in three and a half years, with average rents rising by just 3% over the past year, according to the latest UK rental market report...

Average rents edge up further across England

March, 2025

February also saw voids decreasing across all regions monitored by Goodlord. Average rents rose across England during February, according to the latest data released by Goodlord. During...

Industry reacts to latest Bank of England mortgage data

March, 2025

Net mortgage approvals for house purchases decreased by 300 to 66,200 in January, compared to an increase of 400 in December, according to the latest money and credit statistics released by the...

Mortgage costs increase by stealth due to rising fees

March, 2025

Mortgage product fees are rising while cashback options are dwindling – signalling that the market is subtly becoming more expensive, Moneyfacts analysis shows. The average fee...

You batter believe it - 'Pancake' "top of the stack" for house prices

March, 2025

Average house prices on pancake-named streets are in excess of £1.1m. To celebrate Pancake Day, Yopa analysed price-paid data from the Land Registry looking at the sold price...

Buying property with friends

March, 2025

If you are looking to buy a home but cannot afford to make it happen on your own, you will be happy to know that up to four people can be registered as legal co-owners of a property. Because...

Parenthood vs. property: The areas where house price growth has covered the cost of having a child

March, 2025

Parenthood and a property purchase, neither come cheap and for some, it can be a case of one or the other. The latest research by London lettings and estate agent, Benham and Reeves,...

Style vs. sustainability: How Brits are prioritising kerb appeal over energy-saving features

March, 2025

Features such as driveways, spacious gardens and en-suite bathrooms are now taking priority over energy efficiency among Brits when buying a home. New research from eco-tech brand, Hive...

Industry responds to latest HMRC UK property transactions report

March, 2025

There were 95,110 residential property transactions on a seasonally adjusted basis in January, 14% up on the year before, government data revealed at the end of last week. According to the...

UK housing market resilient with inflation risks on horizon

March, 2025

By Tom Bill, head of UK residential research at Knight Frank Between September 2022 and June 2024, UK inflation exceeded the annual rate of house price growth. The change in the Consumer...

How to get the best price for your home

February, 2025

One of the main concerns for anyone selling their property is the price. Achieving the best possible price is essential, as it puts you in a strong position when buying your next property and...

Sales blossom in spring

February, 2025

With the onset of spring comes a wave of renewal with blooming flowers, longer days, and a fresh burst of energy that extends to the property market. When it comes to selling a home,...

UK Build to Rent poised for further growth in 2025

February, 2025

A record £5.1bn was invested in the UK Build to Rent (BTR) sector in 2024, with more than half of this total committed in the final quarter, according to Savills. The firm’s latest...

Can changes help deliver 1.5m new homes this parliament?

February, 2025

It is two months since the Ministry of Housing, Communities & Local Government (MHCLG) published the second in a series of working papers, on the topic of Planning Committees. The paper...

Things first-time buyers should consider following changes to stamp duty

February, 2025

Difficult compromises surrounding smaller properties, increased financial risk, and tighter budgets should be weighed up carefully following next month's deadline. The upcoming changes...

Average house prices remain stable as stamp duty rush cools: Nationwide

February, 2025

House prices have recorded growth for the sixth consecutive month The latest data released by Nationwide this morning has shown that annual house price growth remained broadly stable in...

What does a buoyant market mean for property developers?

February, 2025

West One Loans, a provider of property finance and specialist mortgages, who looked at the current and historic trajectory of UK house prices on a seasonally adjusted basis The average UK...

Demand is growing for move-in-ready new homes – Knight Frank

February, 2025

There has been a rise in demand for move-in-ready new homes in London, while off-plan sales continue to face challenges. However, with further interest rate cuts expected in 2025, confidence is...

Mortgage approvals set to climb by 13.4% in 2025

February, 2025

2025 could see mortgage approvals hit their highest annual total since 2021, according to new research by Alexander Hall. Alexander Hall analysed Bank of England data looking at...

Gap between prices of houses and flats ‘at highest point in 30 years’

February, 2025

The average price gap between houses and flats has reached its widest level since Zoopla’s records started 30 years ago. The property portal said there is a 67% difference between the...

Annual house price growth dips to 1.9% in January: Zoopla

February, 2025

Higher mortgage rates and rising buying costs due to looming changes in Stamp Duty have taken some of the heat out of recent house price growth. The latest data released by...

Buying a Listed building

February, 2025

A Listed building is more than just a property; it’s a piece of history. With unique charm, historic significance, and architectural beauty, Listed buildings hold a special place in the...

Buy-to-let product choice reaches a record high

February, 2025

Buy-to-let product availability has increased sharply to a record high and the average two-year fixed rate has fallen over the past six months, according to the latest analysis by...

Rental yields hit 13-year high in steady upward trend

February, 2025

Landlords' rental yields reached their highest level since March 2011 in Q4 last year, data from Paragon Bank has shown. Rental yields achieved by landlords reached at an average of...

Could we see UK house prices break the £300k threshold this year?

February, 2025

A rise in the number of buyers returning to the market and a predicted uptick in new homes being built could pave the way for UK house prices to reach the next major milestone. The...

7 things homeowners should consider ahead of a sale

February, 2025

Kevin Shaw, National Sales Managing Director at Romans shares his insight and top tips to ensure you’re well prepared for your sale. In recent years, the property industry has worked...

Buying a retirement property

February, 2025

After years of dedication and hard work, finding the perfect retirement property is an exciting milestone. With so many options available, it’s important to choose a home that truly fits...

1 in every 42 homes valued at £1mn or above in Britain

February, 2025

According to analysis conducted by Savills, there are now 702,580 homes valued at £1mn or above in Britain, representing a 34% increase in the last five years. There are now...

Property transactions taking almost a third longer than pre-pandemic

February, 2025

The homebuying process continues to prove lengthy, with the process of purchasing a property from instruction through to completion taking almost a third (28%) longer in 2022 than it did in 2019...

Rightmove calls for stamp duty extension

February, 2025

Buyers who miss the March stamp duty deadline should be granted an extension, according to property portal Rightmove. Some 74,000 home-movers in England are expected to miss the stamp duty...

Leasehold reform: One step forward, two steps back

February, 2025

It is estimated that hundreds of thousands of leaseholders are waiting for changes to leasehold law which could make it easier and cheaper for them to extend their leases or purchase their...

Growing numbers of homebuyers opting for fixer-uppers

February, 2025

Despite improving market conditions, buyers remain constrained by affordability restrictions and are seeking various ways to reduce the cost of climbing the property ladder. The latest...

Rental growth eases for eighteenth consecutive month: Hamptons

February, 2025

Despite the continued slowdown in rental growth for new lets, tenants renewing their contracts have seen rents rise by 6.0% over the last 12 months. The average tenant moving...

Less than 10% of homes were bought by landlords in January

February, 2025

The proportion of purchases to landlords dropped to 9.6% in January 2025, underlying how the market is becoming less attractive to investors. This is the first time the proportion has fallen...

The true cost of being a landlord revealed

February, 2025

The financial burden on UK landlords is heavier than ever, with property maintenance costs soaring by 26.24% since 2022, according to new research from Towergate Direct. New research...

Momentum building across auction sector: Propertymark

February, 2025

New data has revealed a quarterly increase in the number of auctioning lots achieving their reserve price or more. The latest Propertymark auction data revealed that 83% of members...

Oversupply continues to impact pricing in London and the South

February, 2025

High stock levels have steered sellers across Greater London and the South of England toward more competitive pricing. Contrary to seasonal expectations, the mix-adjusted national...

Renters are putting down roots

February, 2025

Renter behaviours are evolving. Once viewed as a short-term stepping stone to homeownership, renting is increasingly becoming a long-term choice, with renters putting down roots and truly...

Majority of homes are now achieving an EPC rating of C or above

February, 2025

Energy efficiency improvements in the rental sector are tracking well ahead of government timescales, according to newly released data from epIMS. Data from epIMS has revealed that, for...

Manchester revealed to be the best city for buy-to-let investment

February, 2025

Aldermore's latest research on buy-to-let investment in UK cities also revealed that, despite its high rental prices, London saw a sharp decline in its ranking among the best cities for landlords...

Inflation increases to 3.0% – making a March base rate cut unlikely

February, 2025

The CPI Inflation rate returned to 3.0% in January, which is likely to slow down the Bank of England’s trajectory in cutting the base rate. The inflation rate was 2.5% the month...

First-time buyer demand not being met by the current market

February, 2025

Brokers have warned that the market needs to improve if it is going to meet the changing needs of first-time buyers. Mortgage brokers have seen an increase in first-time buyer...

New instructions, under offers and fall throughs all rise – LonRes

February, 2025

The first month of 2025 saw many trends continue in the prime London sales market. Instructions kept rising while transaction volumes were broadly in line with both last January and typical...

Foxtons sees an 83% hike in rental property demand

February, 2025

This January, demand for rental properties in London increased 83% from December 2024, according to Foxtons. The agency’s lettings data for January also reveals that there was a 51%...

UK rental growth at 8.7%

February, 2025

Typical UK rents increased by 8.7% in the year to January 2025, rising to £1,332 per month, data from the Office for National Statistics shows. This represents an increase from 9.0%...

Property industry reacts to latest UK house price data

February, 2025

According to yesterday’s UK House Price Index from HM Land Registry, UK average house prices rose 4.6% in the year to December 2024, continuing the previous upward trend in...

Annual house price growth at 4.6% in December: UK HPI

February, 2025

The price of a typical UK home was estimated to stand at £268,000 in December - £12,000 higher than in December 2023. The latest ONS figures released this morning have shown...

First-time buyers race to beat stamp duty deadline

February, 2025

With the 1 April deadline fast approaching 550,000 house buyers are desperately trying to get their property purchases over the line before reduced stamp duty reverts to 2022 rates, up 25% on this...

Four in five homeowners to pay more stamp duty from April: Zoopla

February, 2025

April's changes to Stamp Duty will see a third more existing homeowners paying the tax with the return of the two per cent band. New research from Zoopla has revealed that the cost of...

The nation’s most popular street names

February, 2025

A new analysis of sold price records from the Land Registry has revealed regional variations in the popularity of road names. The latest analysis from Yopa has revealed that High Street...

Simple upgrades you can make in 2025 to maximise rental income

February, 2025

Allison Thompson, is national lettings managing director at Leaders We know that tenants are generally prepared to pay more to rent a home that is a step above most of what’s out...

Concerns that Renters’ Rights Bill could drive out more small landlords

February, 2025

Housing professionals are worried that the Renters’ Rights Bill will further drive out smaller landlords – creating a market dominated by big ticket investors. That was the...

A busy start to the year for estate agents amid record listings as demand surges

February, 2025

More than 140,000 properties were listed for sale in January, the highest number on record for a decade – data from TwentyEA has found. The figures...

Mortgage and rental spending edges up in January: Barclays

February, 2025

Consumers’ confidence in their ability to afford rent and mortgage payments remained unchanged. The latest Barclays Property Insights report has revealed that rent and mortgage...

Property industry reacts to new Rightmove House Price Index

February, 2025

Asking price growth has slowed as new sellers lower price expectations due to the looming stamp duty deadline and high competition, the latest data from Rightmove reveals. The average price of...

Looming stamp duty deadline puts the brakes on price growth in February: Rightmove

February, 2025

Rightmove has reported a muted price rise this month as new sellers lower price expectations. The average price of property coming to the market for sale has risen by 0.5% this month...

Value of UK housing stock exceeds £9trn for the first time

February, 2025

The total value of all homes across the UK now stands at £9.10trn, according to new research by property firm Savills. In 2023, the total value of the UK’s housing stock fell for...

The UK cities with the highest number of properties listed under £200k

February, 2025

Insurance expert, Cliff Ward has shared his insight into the UK's current top locations for affordable investment as well as the potential risks behind them. Insurance experts at Pikl...

Top 10 UK property investment hotspots unveiled

February, 2025

Scotland’s capital city has once again ranked first in Colliers’ Top UK Residential Investment Cities report –securing the top spot for the third consecutive analysis. In...

How landlords can deal with mould issues

February, 2025

Jason Instrell, industry lead at SFG20, the industry standard for building maintenance, explains how landlords can deal with mould issues, following the BBC Panorama documentary on...

Landlords need to spend around £8,000 to up EPCs

February, 2025

Landlords would need to spend an average of £8,148 on upgrading their properties to bring EPCs to C, analysis from real estate consultancy Knight Frank has revealed. The amount...

First-time buyer numbers up by a fifth in 2024

February, 2025

The cost of a typical first home is now £311,034, according to new figures with average deposits now in excess of £61,000. The number of first-time buyers stepping onto the...

When homes have a hold on us

February, 2025

Buying a home is like falling in love, you can expect to go through the same ups and downs. Love at first sight? Never settle for what doesn’t feel right. The average owner occupier...

A fifth of Brits think they could fall in love with a home without seeing it

February, 2025

A well-written description or a floorplan is all it takes for over 20% of us. New research from Rightmove reveals that one in five Brits admit they could fall in love with a home...

NRLA warns the Renters’ Rights Bill will fail without enforcement

February, 2025

Measures in the Renters’ Rights Bill like the decent homes standard and private housing database will fall flat unless the government makes sure they are properly enforced, the National...

'Silicon Valley of Europe' set to ignite rent prices by 23%

February, 2025

Zero Deposit explored the likely impact of Labour's recently confirmed plans to develop transport links and housing infrastructure in Oxford and Cambridge. Rachel Reeves recently...

Surveyors expect housing activity to quicken up

February, 2025

A net 10% increase of RICS surveyors expect the sales market to pick up in the next three months, demonstrating optimism in the sector. Things are more positive looking further ahead, as a...

How to manage the rush before April’s stamp duty changes

February, 2025

Ross Turrell, Commercial Director at CHL Mortgages for Intermediaries looks ahead to April's stamp duty deadline and explores what landlords and investors should expect as well as how brokers can...

Sub 4% mortgages are returning to the market

February, 2025

Sub 4% mortgages are returning to the market, with Santander UK launching new deals tomorrow. The bank has announced that from Thursday, borrowers will be able to apply for one of four new...

Number of new tenancies falls to eight year low

February, 2025

Average tenancies lasted four months longer in 2024 than in 2021, according to data from The DPS. New data released by The Deposit Protection Service has revealed that new tenancies in...

Aberdeen the most affordable area of the UK

February, 2025

Aberdeen in Scotland is the most affordable area for singles when it comes to buying a home in Great Britain, Zoopla analysis shows. This is based on property prices compared to salaries., as...

Government targets digitising the homebuying process

February, 2025

The Labour Party has targeted digitising the homebuying process, saying it could shorten delays of almost five months. The government said it would open up key property information, ensuring...

Government urged to invest in planning departments to eliminate ‘bottleneck’

February, 2025

The British Property Federation (BPF) has urged Chancellor Rachel Reeves to better fund planning departments to improve the speed of UK housebuilding. Currently planning departments are seen...

FTB mortgage costs up 7.3% year on year

February, 2025

Just a third of homes listed for sale are classed as affordable Research by mortgage adviser, Alexander Hall has revealed that not only are first-time buyers facing a tough task when...

The Guild honours top performing agents

February, 2025

The Guild of Property Professionals celebrated the exceptional achievements of its members at its annual Conference and Awards Ceremony, held at the iconic QEII Centre in Westminster on Friday....

New target: Landlords must bring EPCs to C by 2030

February, 2025

Private landlords need to bring the Energy Performance Certificate levels of their properties to at least C by 2030, up from E. The government claimed it would cost landlords between...

UK’s latest top property hotspots revealed

February, 2025

Bradford was the leading property hotspot in the country in the fourth quarter of 2024, according to new research from OnTheMarket. The property portal’s Hotspots Index reveals that apart...

London’s current prime property hotspots revealed

February, 2025

1,591 homes sold for £2m or more in 2024, with an average sold price of £2.75m New research by Benham and Reeves, has revealed which prime London postcodes are currently...

Where have house prices risen the most since the turn of the millennium?

February, 2025

House prices have increased by 257%, or 92% on an inflation-adjusted basis, over the last 25 years, according to property firm Savills’ analysis of how the UK property market has performed...

Almost 3,000 homes were sold every day across the UK last year

February, 2025

New research has revealed that in 2024 the annual total of UK property sales increased by 6.8%. New research from Moverly reveals that almost 3,000 homes were sold every day in the UK...

Home improvement projects that homeowners may not know planning permission is required for

February, 2025

Whether you’re planning on laying a new patio or putting up a fence, many homeowners will be looking to make home improvements during the spring and summer months. But, when it comes to...

Halifax HPI data – industry response

February, 2025

Following the release of Halifax’s latest HPI data that showed that house prices increased by 0.7% in January, property professionals have shared their thoughts. This increase pushed...

Average house prices hit new record high in January: Halifax

February, 2025

The housing market has kicked off 2025 with prices increasing by +0.7% in January following dip of -0.2% in December. The latest data released by Halifax has revealed that the...

Housing market sees seasonal dip as estate agents agree fewer sales

February, 2025

The average number of sales agreed per member branch saw a dip in December 2024 compared to the previous month. The average number of market appraisals conducted per member branch in...

Three more base rate cuts expected this year

February, 2025

The markets expect there to be three more base rate cuts this year, which means it should be down to 3.75% by the close of 2025. This comes in response to the Bank of England’s decision...

New Homes Week

February, 2025

New Homes Week, launched by the HBF in 2005, is an annual celebration of the benefits of new build homes. The theme for this campaign is ‘Community’. Home builders delivered...

Bank of England cuts base rate by another 0.25%

February, 2025

In a widely anticipated move, the Bank of England's MPC has just voted to reduce the base rate to 4.50%. Today’s 0.25% reduction and the prospect of further cuts have been warmly...

Stand by for Bank of England rate cut today

February, 2025

The Bank of England is very likely to cut base rate today, according to most experts. The Bank’s monetary policy committee is expected at noon. Speculation of a cut has grown in recent...

A third of first-time buyers think now is a good time to buy as housing market optimism rises

February, 2025

Fewer than one in five first-time buyers see stamp duty as a barrier to getting onto the property ladder. After two Bank Rate cuts in 2024, and with markets forecasting further cuts...

Four in five mortgage brokers see surge in buyer interest for ‘new towns’

February, 2025

Some 85% of mortgage brokers are observing demand for homes in ‘new towns’ across the UK, with the majority expecting them to transform homeownership, a Santander poll has revealed....

Could the current rise in mortgage product choice see rates ease due to heightened competition?

February, 2025

There are estimated to currently be over 690 mortgage products available to first-time buyers, up 2.7% since the Autumn Budget. New research from Alexander Hall has revealed that...

Which areas have seen the strongest buy-to-let returns over the last five years?

February, 2025

Buy-to-let investors have seen an average rental market yield of 4.17% over the last five years. The latest research by London lettings and estate agent, Benham and Reeves, has revealed...

10 ways to add kerb appeal to your home

February, 2025

We are told from a young age not to judge a book by its cover, but when it comes to property, first impressions are extremely important. Read our top tips to give your property some serious kerb...

Older buyers looking at new builds

February, 2025

Nearly half (46%) of people aged between 54 and 65 are looking to purchase a new build, more than the younger generations. This is according to data from the broker Mortgage Advice Bureau,...

First-time buyer share hits record-high as stamp duty deadline looms

February, 2025

First-time buyers dominated property market activity in November, December and January, accounting for 64% of home mover activity in December 2024 – a record high – and 63% in January...

February and March are likely to be exceptionally busy months for the housing market – Rightmove

February, 2025

February and March are typically the best months to list a home for sale, based on the likelihood that the home goes on to sell successfully, according to Rightmove. Fresh analysis by the...

The best way to find tenants for your rental property

February, 2025

As a landlord, you want the right tenants in your property, and you don’t want any void periods without receiving rent. The UK lettings market offers many potentially lucrative...

Average void periods stretch to record lengths as rental market shows further signs of softening

February, 2025

Voids have lengthened to their longest average recorded since April 2021. The latest data released by Goodlord has revealed that overall, rents were up by 4.6% year-on-year in January...

The latest data from HMRC is a sign of housing market recovery

February, 2025

The property industry has welcomed the latest property transactions data from HMRC, which revealed a monthly increase in December. The provisional seasonally adjusted estimate of the number of...

Bank of England set to cut interest rates this week

February, 2025

UK borrowing costs are set to be cut this week in what could be the first of multiple interest rate cuts in 2025. Pressure is increasing on the Bank of England to resume cutting interest rates...

Hull the most affordable city to rent in

January, 2025

Hull is the most affordable city to rent in with a typical rent of £799 per month, analysis from Rightmove shows. In the city rental payments are made up of 26% of earnings, down from...

Mortgage approvals increase as buyers race to beat stamp duty changes

January, 2025

Gross mortgage lending rose to £21.4bn in December, up from £20.8bn a month earlier, according the Bank of England’s latest Money and Credit statistics. The data also reveals...

Property industry reacts to Nationwide data with marginal house price gain in January

January, 2025

The latest Nationwide House Price Index has just been released, revealing a softening in the annual rate of house price growth to 4.1% in January, compared with 4.7% in December. House prices...

House price growth eases in January: Nationwide

January, 2025

Annual house price growth in January has seen a "modest slowing" compared with December. Nationwide's latest report has revealed that the price of a typical home in the UK edged up by...

Cash sales fall back

January, 2025

In 2023, there was a particularly strong presence of cash buyers (not requiring a mortgage): 34% of sales England and Wales were for cash, compared to 28%, the average for the 5 years prior to...

Property industry reacts to Zoopla House Price Index

January, 2025

The UK housing market has has got off to a stronger start than in 2024 or 2023 with buyer demand up 13% and 10% more homes for sale. Increasing property sales are supporting UK house price...

Housing market experiences busiest activity in three years

January, 2025

Sales activity has reached a three-year high so far in 2024, as people look to buy before stamp duty thresholds revert to lower levels. Zoopla’s house price index shows that demand for...

Rachel Reeves banks on planning reform for growth as housebuilding completions rise

January, 2025

The chancellor Rachel Reeves gave a major speech yesterday where she set out her “optimistic” vision for Britain’s economy with a plan for growth based around building...

Which areas of the rental market have seen the sharpest increase in rent over the last decade?

January, 2025

Across England, the average cost of renting has increased by 44.4% over the last 10 years, now averaging £1,369 per month. New research from Tlyfe analysed the latest rental...

How to winter proof your home

January, 2025

Caring for your home in the colder months is vital. If you are planning on selling your home this winter, the last thing you need is frozen or burst pipes you have to fix and décor to...

London’s £5m-plus property market saw a ‘bounce in activity’ in Q4 2024

January, 2025

London’s £5m-plus market picked up in Q4 2024 after a slower first nine months of the year, according to whole market analysis from Savills. In total, 128 sales (new build and...

Rents fall for first time since before the pandemic

January, 2025

Landlords across many parts of the country are being forced to ease asking rental prices amid weakening demand from prospective tenants in some markets. New data from Rightmove shows that the...

Gazumping fears deter potential property buyers

January, 2025

A number of potential homebuyers are avoiding entering the property market due to fears of getting gazumped or gazundered, data from iamproperty suggests. The survey of just over 1,000...

Zoopla: How to beat the stamp duty deadline

January, 2025

New stamp duty rules are set to come in from April which could catch out many homebuyers and leave them paying thousands more than planned. Currently, first-time buyers do not pay any stamp...

Potential market correction following stamp duty deadline has agents worried

January, 2025

April's SDLT deadline has been found to be a driving force behind the increased pace in the property market. Agents are concerned that whilst the market may be picking up the pace at...

2025 property market predictions

January, 2025

You can’t predict the future entirely, but many are expecting the property market to improve and build on the significant step forward it took last year. In fact, 2025 is enjoying a strong...

Six property trends for UK estate agents in 2025

January, 2025

The property market in the UK is constantly evolving. With advances in technology combined with changes in buyers’ priorities, estate agents need to stay ahead of the curve to maintain...

First-time landlords flocking north

January, 2025

First-time landlords are taking advantage of lower property prices and stronger yields in Northern England, according to buy-to-let lender Fleet Mortgages. In Q4 a quarter (25%) of the...

The Renters’ Rights Bill could lead to overpricing

January, 2025

The Renters’ Rights Bill legislation that prohibits ‘bidding wars’ could have an adverse effect on the market, Goodlord chief executive William Reeve has warned. Reeve said...

Golf gains

January, 2025

Donald Trump has been sworn in as the 47th US president. As a real estate developer, Trump began acquiring and building golf courses in 1999. Currently, he owns 18 golf courses worldwide,...

Falling interest rates spark surge in demand for property investment

January, 2025

Rightmove is reporting a surge in demand to invest in commercial property compared with the same period a year ago following a fall in interest rates. The latest insights from Rightmove...

Nationwide Affordability Report – industry reaction

January, 2025

Housing affordability in the UK has improved marginally over the past year, though affordability remains significantly stretched compared to historical norms, according to a new report from...

20% of sellers unaware they could be delaying their own sale

January, 2025

A lack of required material information when listing a property for sale not only causes delays but can also see agents being fined. New research from Moverly reveals that one in five...

Inheritance tax take continues upward trajectory – “a golden goose for HMRC”

January, 2025

Inheritance tax receipts continued their upward trajectory in the nine months from April to December 2024 as they hit £6.3bn, up £600 compared with the same period in 2023, according...

Over one in 10 homeowners fail to secure planning permission for major renovations

January, 2025

More than one in 10 homeowners who undertook a major renovation project either failed to obtain the proper planning permission or didn’t realise they had to do so, according to new...

Landlord yields rising

January, 2025

Buy-to-let rental yields rose to 6.93% in the third quarter of 2024, rising from 6.53% in the same quarter the previous year, UK Finance data shows. Fixed rate mortgages are growing more...

Landlords putting off EPC upgrades

January, 2025

Over half of landlords who own properties with an Energy Performance Certificate (EPC) rating below C are putting off work to upgrade their properties. This is due to the later deadline...

What stamp duty changes in 2025 mean for homebuyers

January, 2025

In October the government confirmed significant updates to the Stamp Duty Land Tax, some of which came into effect in October 2024, whilst others are set to take effect in April 2025. These...

London the fastest growing buy-to-let market in the UK

January, 2025

London has been labelled the buy-to-let capital of the UK, with 13% growth in new landlords taking out insurance between 2023-2024, analysis from insurer Simply Business has found. This...

Renters' Rights Bill set to shape rental trends in 2025

January, 2025

Housing Hand warns that the rental sector will need support in delivering on new commitments The much-anticipated Renters' Rights Bill is likely to become law this spring, based on its...

2025 interior design trends

January, 2025

Another year begins, and with it, another wave of design trends that could make your home an even more wonderful place to be. We reveal some of what to expect from 2025’s interior design...

London’s best performing rental market of 2024

January, 2025

Data shows that average rents climbed across the capital by 4.3% per month over the last year. The latest internal data release from London lettings and estate agent, Benham and Reeves,...

House prices see largest January increase since 2020: Rightmove

January, 2025

Despite the promising start to 2025, there remain uncertainties for the year ahead, according to the latest report from Rightmove. The average price of property coming to the market for...

The Guild unveils 2025 regional property events schedule

January, 2025

The Guild of Property Professionals has announced the launch of its 2025 season of local meetings, beginning on 19 February 2025 the tour will run until 22 October 2025. These regional events...

Fewer than one in 10 homes will be free from a stamp duty charge from April

January, 2025

When current stamp duty relief reverts back to previous thresholds as of 1 April this year, fewer than one in 10 properties will present the chance of a stamp duty free purchase for existing...

Interest rate cut next month is a ‘sure bet’ amid weak growth and lower inflation

January, 2025

U K borrowing costs are set to be cut next month in what could be the first of multiple interest rate cuts in 2025. Pressure is growing on the Bank of England to resume cutting interest rates...

Buyer demand up by 14% in 2025: Zoopla

January, 2025

The start of 2025 has also seen new sales agreed up 15% compared to the first week of 2024. Newly released data from Zoopla has highlighted a positive start to the year for the UK...

Tenant demand for rental properties slumps in Q4

January, 2025

Tenant demand for rental homes in England fell by -7.3% between Q3 and Q4 2024, while demand was also down by -2.6% annually. Zero Deposit analysed rental demand across each county in...

Property trends data shows potential market bounce-back

January, 2025

Landmark’s newly released Q4 Residential Property Trends report offers a comprehensive analysis of property data from the last quarter of 2024, examining the entire residential property...

House prices now rising across all parts of the UK as buyer enquiries grow

January, 2025

The RICS UK Residential Property Survey for December reports growing activity in the housing market with 2024 capped off in a generally upwards trend. House sales continue to see an upward...

Surrey town named Rightmove's 2024 'price hotspot'

January, 2025

Rightmove's hotspot table is made up of a variety of locations across Great Britain, where prices rose the most compared to the end of last year. New data from Rightmove has revealed...

Prime London market saw little change in 2024 – LonRes

January, 2025

2024 was a year of minimal change for the prime London property market, with most measures at the end of December close to where they were 12 months earlier, according to LonRes. Data provided...

Government launches new AI strategy

January, 2025

The Prime Minister has published the 'AI Opportunities Action Plan' to ramp up AI adoption and make the UK a world leader in artificial intelligence. The plan includes 50 recommendations,...

Rent and mortgage spending edges higher

January, 2025

Rent and mortgage spending increased 1.8% year-on-year last month, the lowest level of growth since August 2024, according to the latest Barclays Property Insights report. Though encouraging,...

New possession grounds in Renters Rights Bill could help, say landlords

January, 2025

Landlords think that possession grounds proposed by the Renters’ Rights Bill could help them cope with the abolition of Section 21 evictions. New mandatory grounds include occupation by...

London sees rents decline for the fourth consecutive quarter

January, 2025

Balance has returned to the UK rental market following a "chaotic few years" according to Spareroom, as rent hikes slow across the country. SpareRoom’s Q4 2024 Rental Index has...

First-time buyers rush to get deals done with vendors willing to accept larger discounts

January, 2025

First-time buyers are rushing to purchase homes before stamp duty thresholds change in April 2025. The share of homes bought by first-time buyers across Great Britain increased to 31.8% in...

15m homes saw an increase in value of over £7,500 in 2024: Zoopla

January, 2025

Despite a return to growth for the UK property market in 2024, the recovery was notably slower in Southern England, with just over a third of homeowners seeing their homes increase in value gains...

England's strongest property markets revealed

January, 2025

A new analysis of sales volume data has revealed where across England has seen the strongest rate of growth when it comes to increases in the number of transactions taking place. New...

Renters’ Rights Bill back in parliament today

January, 2025

The Report Stage and Third Reading of the Renter’s Rights Bill is scheduled for today – and landlords are worried about the advance rent amendment. If that goes through it means...

The latest data signals much-needed stability for the London rental market

January, 2025

In a reversal of what took place 12 months ago, borrowing costs climbed during the Christmas break and in early January, Tom Bill, head of UK residential research at Knight Frank, points out....

Housing market buoyant despite post-budget drop, but concerns ahead

January, 2025

Residential property transactions in November 2024 returned to their previous levels, with seasonally adjusted residential transactions decreasing by 8% to 92,640 in November, down from 100,580 in...

Homebuyer demand rallies Q4

January, 2025

Following a quarterly decline in Q3, buyer demand levels recovered by 2% in Q4 to settle 4.2% higher on an annual basis. Newly released data from estate agent comparison site,...

House seller gains pulled back to pre-pandemic levels

January, 2025

Weaker price growth has seen the gains made by the average house seller in 2024 dip below £100k - the lowest return in over a decade, according to the latest figures released by...

Over a third of all homes currently on the market have seen a price reduction

January, 2025

eXp UK analysed over 322,000 homes currently listed for sale across the market in England, looking at what proportion of this stock has seen an asking price reduction. The latest...

Interest rates could fall to 2.5%, economist predicts

January, 2025

Interest rates will fall to 2.5% by late 2027, a much sharper drop than the 3.75% market consensus, according to an influential economic research company. Economists at Oxford Economics think...

The £8,500 difference in monthly mortgage payments across London’s tube network

January, 2025

New research from Alexander Hall has revealed just the monthly cost of a mortgage across the London Underground network and which line is home to the largest mortgage market gap between the most...

Rising buyer confidence offers opportunities for estate agents as sales pipeline strengthens

January, 2025

With greater buyer confidence, a higher level of properties for sale and a strong sales pipeline, the sector currently offers excellent opportunities for estate agents, albeit with challenges in...

Government to restrict advance rent in Renters’ Rights Bill

January, 2025

The Renters’ Rights Bill is facing an amendment that would restrict landlords from receiving multiple months of rent in advance. The competitive nature of the rental market has led to...

The most common ‘hidden’ issues missed by buyers who skip home surveys

January, 2025

Legal & General Surveying Services has warned that skipping home surveys to save money may end up potentially costing thousands of pounds in unplanned repairs and increasing risk to...

New year, new home

January, 2025

As we enter the new year, many will be seeking a fresh start and making plans to move. However, with a significant mismatch between the length of time home movers expect a property should...

Inflation to rise again, but rate cuts still expected

January, 2025

The December inflation rate is set to rise again when the figures are released next week. The CPI inflation rate stood at 3.5% in November, but petrol and food prices have both risen since,...

26,000 homes listed for sale so far in 2025

January, 2025

Almost 26,000 new homes have hit the market so far in 2025, with Bristol seeing the biggest boost to for sale stock levels. Yopa analysed current market listings looking at the number of homes...

‘December 2024 was one of the busiest Decembers in years in terms of buyer demand’

January, 2025

House prices dropped for the first time in nine months in December, data from Halifax shows, but still finished the year 3.3% higher than 12 months ago. The average home price fell by 0.2% last...

Knight Frank: House prices and the economy out of sync

January, 2025

House price growth is out of sync with mortgage rates thanks to the lag in mortgage agreements and the imminent change to stamp duty, real estate consultancy Knight Frank has commented....

Rents set to ‘see another major spike in 2025’ despite recent dip

January, 2025

Tenants are being urged to prepare for another surge in rental prices this year, despite the recent dip in prices. Rents in England fell again in December, according to the Goodlord Rental...

Demand for prime property in the capital climbs during Q4

January, 2025

London’s most prestigious neighbourhoods remained in demand during the final quarter of 2024, according to newly released data from Benham and Reeves. Buyer demand for property...

Cash is king as mortgage-free buyers enjoy significant discounts

January, 2025

Cash buyers pay £28,000 less on average for a home than those relying on a mortgage, new figures show. Fresh analysis by MPowered Mortgages shows the ‘cash discount’ in Great...

Average house prices up by +3.3% in 2024: Halifax

January, 2025

House prices fell back slightly over the festive period following five months of steady growth. The latest figures released by Halifax this morning have shown that the price...

The search for a good tenant

January, 2025

As a landlord, you want the right tenants in your property, and you don’t want any void periods without receiving rent. The UK lettings market offers many potentially lucrative...

Property sales listings are going more green – research

January, 2025

Increasing numbers of homes are coming to the market with higher energy performance certificate (EPC) ratings, research suggests. New analysis shows 60% of all homes to reach the market over...

UK house prices strengthen amid Budget pressures

January, 2025

Tom Bill, head of UK residential research at Knight Frank explores how demand among buyers remains underpinned by the imminent rise in stamp duty and mortgage offers that pre-date the...

UK housing sector ‘is about to embark on some of the biggest changes seen in over 30 years’

January, 2025

The next few months are likely to prove busy for estate agents, based on sales stock coming to the market, while consumers are showing that they are keen to stay ahead of stamp duty threshold...

Age and EPC ratings: what to consider when buying your next home

January, 2025

Fewer than 40% of English homes built before 1990 have a current EPC rating of C or above, according to new analysis. EPC and energy efficiency platform, epIMS analysed energy...

Labour pressing on with Renters’ Rights Bill

January, 2025

The Renters’ Rights Bill will return to parliament on 14 January, signalling that the government is looking to hit the ground running when it comes to passing the bill. The report stage...

Bank of England multiple interest rate cuts expected in major boost for mortgage borrowers

January, 2025

The Bank of England could move more aggressively to lower borrowing costs this year, which is good news for mortgage borrowers. According to a new survey of 51 economists, the Bank of England...

UK house prices rise again – property industry reaction

January, 2025

UK house prices rose again in December as property market activity continued to improve, mortgage lender Nationwide said on Thursday. House prices increased by an average of 0.7% month-on-month...

UK house prices continue to rise into the New Year: Nationwide

January, 2025

The price of a typical UK home saw a 0.7% rise during December 2024 with average prices ending the year at £269,426. The latest data released this morning by Nationwide has shown...

Long-term renters stuck without Bank of Mum and Dad

January, 2025

New research suggests that first-time buyers could get on the property ladder nearly four and a half years sooner if they were to check in to the Hotel of Mum and Dad, rather than going it alone...

Why thousands of property sales fell through in 2024

January, 2025

According to new data, over a quarter of residential properties collapsed before completion in 2024 due to failed price renegotiations. Quick Move Now has released new figures...

New seller activity breaks Boxing Day record: Rightmove

January, 2025

Newly released data from Rightmove has revealed a record number of Boxing Day properties were listed for sale by agents on the 26th of December 2024. The latest real-time data from the...

How to be a good landlord during the festive season

December, 2024

Christmas is the time to gather with family, relax around the fireplace and enjoy some time off, but before you do, you will need to make sure everything is in order with your properties, so that...

Bank of England hold interest rates at 4.75%

December, 2024

The Bank of England's Monetary Policy Committee has voted to hold interest rates at 4.75%. The vote was 6-3, with three members preferring to reduce Bank Rate by 0.25 percentage points,...

Property industry reacts to Zoopla House Price Index

December, 2024

Residential property prices have returned to growth with the average house price at £267,500 in November, 1.9% higher than a year ago, according to Zoopla. Property prices are...

Zoopla: UK still a buyers’ market

December, 2024

Buyers agreed sales at 3.6% below the asking price in recent weeks, meaning buyers still have wiggle room when it comes to negotiating with sellers. That is according to Zoopla, which found...

Christmas wish list

December, 2024

A cherished holiday tradition that brings a touch of magic to the season is crafting Christmas wish lists. Each year, many people write a list, hoping to receive the gifts of their dreams....

RAN Conference proves a hit with agents and industry suppliers

December, 2024

The recent Relocation Agent Network (RAN) Park Plaza Riverbank in London marked the 30th anniversary since the organisation was set-up. Someone who could never have been accused of being a...

Scotland tops the housing activity tables for 2024

December, 2024

Data from estate agent comparison site GetAgent has shown that estate agents in Scotland, the South East and North West have been busiest in 2024, with the most homes sold. GetAgent...

Tenant demand high with enquiries still double pre-pandemic figures

December, 2024

The average number of enquiries sent to agents about each available property they have to rent is still nearly double the level it was before the pandemic, new figures from Rightmove have shown,...

Property price reductions hit highest number on record

December, 2024

Almost one million property price reductions have been recorded throughout 2024 – the largest number on record, data from analytics company TwentyEA has revealed. ...

Ten statistics that tell the story of the property market in 2024

December, 2024

The comparison site for home movers, reallymoving, has revealed 10 statistics that tell us what happened in the housing market during 2024, including where people moved to, how far they went and...

UK house prices rise by £10,000 in one year while rents increase again

December, 2024

Residential property prices in the UK increased by an average of £10,000 in the year to October with the median property costing £292,000, according to the latest figures from the...

Modest house price growth forecast for 2025

December, 2024

UK house prices are set to grow “modestly” in 2025, Halifax said on Wednesday, following a better-than-expected performance over the last 12 months. According to the mortgage...

Homeowners spend nine years in a house before moving

December, 2024

Homeowners spend an average of nine years in their home before moving, according to a study of UK homeowners who moved in the last 18 months by property website Zoopla. Broken down,...

Demand for Central London property surged in 2024

December, 2024

Rental demand for property in Central London surged by 15% in 2024, analysis from Foxtons shows. This contrasts with West and South London, both of which saw falling rental demand of -20% and...

Stamp duty threshold change will boost rental demand, landlords predict

December, 2024

49% of landlords replied that they thought more tenants would be staying put or renting for longer and 35% said the move might increase demand. Landlords think the change to the stamp duty...

Homebuyers plan to house hunt over Christmas to beat stamp duty deadline

December, 2024

The majority of homebuyers are planning to house hunt throughout the Christmas period in hopes of beating the spring stamp duty relief deadline, analysis from Lomond shows. Some 93% of house...

Buying property in 2025

December, 2024

The beginning of a new year is a time for fresh starts, renewed optimism, and exciting changes, making it the perfect opportunity to buy a new home. This guide will give you all the tips you need...

A good local High Street still key for homebuyers despite decline

December, 2024

Despite a noticeable decline in recent years, the quality of local high streets remains important to many UK homebuyers and renters, research from Market Financial Solutions has revealed. ...

What is going to happen to house prices next year?

December, 2024

UK house prices are expected to increase next year as borrowing costs and affordability constraints ease, Nationwide said on Monday. Property are expected to rise by 2% to 4% in 2025, despite a...

As 2025 approaches, the property market is poised for continued recovery – The Guild

December, 2024

The property market has fared better than the initial forecasts for 2024, with stronger than anticipated signs of sustained recovery and resilience, according to The Guild of Property...

How to prepare your home to host Christmas

December, 2024

Whether it’s your first Christmas hosting or you’ve lost count, there will always be new tricks to learn which would make the whole event run much smoother. Preparing the home...

Landlords seemingly unfazed by stamp duty hike: Hamptons

December, 2024

In the first month following the Budget, landlords bought an above-average number of homes, according to the latest data released by Hamptons. It’s been a full month since...

Property industry reacts to Rightmove House Price Index

December, 2024

New seller asking prices dropped by a seasonal 1.7% (-£6,395) this month to £360,197, in line with the usual December monthly fall, with sellers’ pricing power diminishing as...

Rightmove predicts a busy Boxing Day bounce amid usual seasonal lull

December, 2024

New seller asking prices have fallen by 1.7% this month to £360,197, in line with seasonal norms. Rightmove’s lead indicator of new seller asking prices measures prices at...

Greater homebuyer activity anticipated as mortgage rates set to fall

December, 2024

UK Finance has today published its housing and mortgage market forecasts for 2025 and 2026 together with projections for 2024 full year numbers. The latest projection comes as mortgage...

Budget Uncertainty and Tax Changes Cloud Horizon for UK Housing Market in 2025

December, 2024

Tom Bill, head of UK residential research at Knight Frank, says tax changes, a new US President, and lingering doubts around the Budget will create an environment of uncertainty early next year....

Where have rental yields climbed the most so far this year?

December, 2024

Average yields across England have risen since the start of the year due to a rise in house prices. The latest analysis from Inventory Base has revealed that England’s landlords...

Home for Christmas

December, 2024

Christmas is the most merry time of the year, spreading love and festive cheer. Woodbridge in Suffolk wears the crown, of the happiest of UK towns. Richmond upon Thames jingled into second...

How to find a bargain house that needs work – but isn’t a money pit

December, 2024

Jack Malnick, property expert and founder of SellHouseFast (pictured), shares his tips on evaluating if a property will be a hidden gem that you can add value to, or one that could see you...

The Guild to host ‘Now That’s What I Call Estate Agency’ event

December, 2024

The Guild of Property Professionals has announce that its annual conference, entitled ‘Now That’s What I Call Estate Agency’, will take place on Friday 7th February 2025, at the...

Regional Property Market Update Winter 2024: London

December, 2024

As we wrap up what has been a strong year for the housing market, it has fared better than expected with inflation under control and the bank rate on a downward trend. The improving outlook has...

Rents up by £3,240 a year since Covid – Zoopla

December, 2024

The average cost of renting a newly let home in the UK is now £3,240 higher than at the end of the pandemic lockdowns, fresh data from Zoopla shows. Rents have increased by an average of...

Buyers warned they must have their offers accepted before Christmas to beat the stamp duty hike

December, 2024

Starting 1 April 2025, significant changes to Stamp Duty Land Tax will take effect Prospective homebuyers are urged to have transactions underway and offers accepted before Christmas if...

What’s next for the housing market in 2025?

December, 2024

Rightmove predicts national average asking prices will rise by 4% in 2025. Whilst this is Rightmove’s largest prediction for price growth since 2021, it’s in-line with average...

‘Current UK housing market data feels somewhat artificial’ – RICS releases new report

December, 2024

The latest survey by the Royal Institution of Chartered Surveyors (RICS) reports a resilient UK housing market, but warns of headwinds next year. The report shows that the housing market...

Home sellers warned against price overoptimism

December, 2024

The average time it takes to secure a buyer in the UK housing market has increased by almost 20% in the past 12 months, according to new research. Moverly has analysed the time it takes...

Property transactions taking over three times longer than expected to complete

December, 2024

The homebuying process is taking over three times longer than buyers expect, a major new survey has revealed. The study, carried out by the Open Property Data Association (OPDA), also revealed...

Annual rental growth jumps by £3k in three years

December, 2024

The annual cost of renting has risen by £3,240 (27%) since 2021, highlighting how squeezed supply and inflation is pushing costs ever-higher. On a monthly basis this amounts to...

Exploring commonhold: The benefits, challenges and what it means for property ownership

December, 2024

Since its introduction in 2004, commonhold has been met with resistance, with only a small number of developments adopting the framework, compared to millions of leasehold properties. ...

Growing numbers of over 55s privately renting expected to continue

December, 2024

Newly released research from Paragon Bank has highlighted an increase in the number of older tenants privately renting as younger tenant numbers decline. Tenants on the run-up to...

Estate agents see uplift in property viewings as buyers rush to beat stamp duty hike

December, 2024

Estate agents report that the property sales market is seeing a trend unlike those historically seen across the winter months, with buyers and sellers, especially across England and Northern...

Residential property stamp duty tax take drops by more than a quarter

December, 2024

Residential stamp duty tax take has fallen by 27%, from £11.72bn in 2022-23 to £8.57bn in 2023-24, the latest figures show. Additionally, the number of residential property...

London's prime sales market faces uncertainty in 2025

December, 2024

Tom Bill, head of UK residential research at Knight Frank, looks ahead to next year and explores the events that are likely to impact the capital's prime property sales market in 2025. ...

Average house prices rise for fifth consecutive month to hit new record high: Halifax

December, 2024

House prices in the capital have climbed by 3.5% since last year and now stand at £545,439 The latest data released by Halifax has revealed that the price of a typical home in the...

'Another rise in house prices shows the market is determined to finish this year on a high’

December, 2024

With UK house prices increasing at their fastest monthly rate of the year in November, signs are that they will rise further in 2025. The Halifax house price data released on Friday shows that...

2025 must be the year that the government supports shared ownership

December, 2024

Peter Hawley is director of SOWN, (part of Leaders Romans Group) One of the greatest omissions from October’s Budget was support for first time buyers – in fact we saw the...

Government consults on changing EPC system

December, 2024

The government has launched a consultation on updating the Energy Performance Certificate (EPC) system. The EPC system has been criticised for failing to properly recognise the benefits of...

Homebuyers are negotiating greater discounts on property deals ahead of stamp duty hike – Connells

December, 2024

A growing number of homebuyers are successfully negotiating more substantial discounts on property purchases in anticipation of the stamp duty increase scheduled for April 2025, according to...

Rent and mortgage spending hits 14-month high in November: Barclays

December, 2024

New research from Barclays has found that recent changes to stamp duty are causing concerns for next-time buyers. Rent and mortgage spending increased 8.2% year-on-year last...

Bradford the busiest rental market

December, 2024

Tenants are rushing to rent properties in Bradford more than in any other English city – as a lack of stock means renters are forced to rapidly snap up anything that’s available....

A tree-mendous tradition

December, 2024

Around 7 million Christmas trees are grown in the UK every year. Growing that many festive firs takes about 2,240 hectares of land, equivalent to 120,000 average-sized UK gardens....

What Drives Renters? New psychological study unveiled

December, 2024

Mortgage lender OSB Group – whose brands include Precise Mortgages, Kent Reliance for Intermediaries and InterBay Commercial – has unveiled research into the psychology behind private...

New FTB research reveals that mortgage rates are the biggest obstacle to homeownership

December, 2024

Almost a quarter of first-time buyers worry that mortgage rates won’t drop quickly enough for them to afford a loan. Despite mortgage rates dropping through the year, research...

Britain’s happiest places to live revealed – does your area make the top 20?

December, 2024

Woodbridge in Suffolk has been crowned the happiest place to live in Great Britain for the first time, as part of Rightmove’s 13 th annual Happy at Home Index. Residents of...

House prices climb for the third consecutive quarter this year

December, 2024

The average sold price in Q3 this year stood at £291,411, 21.4% below the average asking price of £370,672. The latest Property Market Index Review by London lettings and...

Merry and bright: Staging your home to sell over Christmas

December, 2024

If you are looking for an estate agent who can progress your move over the Christmas period, The Guild is a great place to start. Ahead of the New Year, now could be the perfect time to put your...

Rents fall further in November as market continues to settle

December, 2024

England’s rental market cooled further in November, with average rents down 3% during the month and the pace of year-on-year increases falling to a new annual low. According to...

Which cities have seen the biggest uplift in home buyer activity this year?

December, 2024

Fresh analysis has revealed which major cities have seen the biggest increases in market activity since the start of the year, with Sunderland leading the way having seen a 10% increase in the...

Property industry reacts to latest UK house price data

December, 2024

House prices saw their largest monthly increase for two and a half years last month, the latest figures show. The value of the average home rose by 1.2% in November, according to the latest...

Nationwide: November house prices bounce after Budget blip

December, 2024

Property prices rose by 1.2% in October after dipping in September, Nationwide’s House Price Index has revealed. This has brought annual house price inflation to 3.7%, up from 2.4% in...

It's beginning to look a lot like D.I.Y

December, 2024

House embarrassment and pressure to be the perfect host see over 20m Brits invest in home improvement updates ahead of the festive season. 66% of Brits will be hosting guests over the...

Five real estate opportunities to watch out for in 2025

December, 2024

By Daniel Austin, CEO and co-founder at ASK Partners The UK real estate market in 2025 is set to offer a diverse range of opportunities. Key growth areas include build-to-rent (BTR),...

Industry expert pours cold water on positive BOE mortgage data

December, 2024

Residential mortgage approvals rose to 68,300 in October, an increase of 2,200 from the previous month, according to the latest money and credit statistics from the Bank of England. This...

Mortgage approvals reach two-year high

December, 2024

The Bank of England saw 68,300 mortgage approvals in October, the highest level since August 2022. This represents an increase of 2,200 from the month before. Simon Gammon, managing...

Confidence returning to market – or downward pressures ahead?

December, 2024

HMRC data shows UK residential property transactions numbered 100,410 in October – the highest figure since November 2022. The October number represents a 10% rise on September’s...

'Surprising' acceleration sees house prices rebound at the fastest rate in two years: Nationwide

December, 2024

Annual house price growth soared from 2.4% in October to 3.7% in November, according to Natiowide's latest data. The latest figures released by Nationwide this morning have revealed...

Which cities have the most luxury homes outside of London?

November, 2024

Across Britain, there are currently 9,377 homes listed for £2m or more, equating to 2% of all homes listed for sale today. The latest research by eXp Luxury has revealed the...

Slowing pipeline: new home approvals hit a decade low

November, 2024

The latest Home Builders Federation’s Housing Pipeline Report has found that the number of units and sites gaining planning approval have continued to drop for yet another quarter....

Housing supply drops to eight-year low

November, 2024

Annual housing supply has fallen by 6% in England – highlighting the challenge facing the new Labour government. Housing starts fell to a net 221,071 in the 12 months to March 2024,...

Zoopla: house prices and sales to grow in 2025 despite Budget headwinds

November, 2024

House prices and sales volumes are expected to grow in 2025 despite budget headwinds, according to the forecast edition of the latest House Price Index from Zoopla. The average house...

Buying a period property

November, 2024

Period properties, oozing with character, can offer a lot more charm than modern new builds. You can also incorporate modern elements, bringing them into the present era while still savouring...

England's households losing £3.8bn annually due to poor energy efficiency

November, 2024

Energy-inefficient homes are costing households an average of £299 per year in extra energy bills, with older generations found to be the hardest hit A new study from Kingfisher,...

Buying a home becoming more affordable – Halifax

November, 2024

Modest house price inflation, combined with strong wage growth, means buying a home is becoming more affordable relative to income, according to new research from Halifax. The analysis...

First-time buyers rushing to beat stamp duty deadline in higher-priced areas

November, 2024

First-time buyers are rushing to beat the stamp duty deadline on 1 April 2025 in more expensive areas, analysis from Rightmove shows. At that date the minimum stamp duty thresholds in England...

Is the festive season the right time to sell your home?

November, 2024

When it comes to Christmas selling, there is no single answer on if it is the right time to sell. Your estate agent will be able to advise whether your home could benefit from being on the market...

New research reveals the best property type for buy-to-let investors

November, 2024

Detached houses have been found to garner the lowest rental yields for investors in London and across England. New research has revealed the best type of housing in London for property...

What are the New Year indicators for the residential property market?

November, 2024

By Trevor Abrahmsohn, Glentree International The year 2025 has started early in the residential market, as agents and analysts take out their calculators and peruse the figures of the last...

Frustration among property professionals and home movers highlighted by report

November, 2024

Landmark Information Group has unveiled a new research report that reveals significant frustrations among home movers, as well as the wider key challenges facing property professionals. ...

Which British cities boast the most homes for £100k or under?

November, 2024

While just 5% of all homes listed for sale across Britain come in at £100k or less, this climbs to as high as 16% in some major cities. Yopa analysed current market listings,...

2025 outlook: save on Stamp Duty before it's too late

November, 2024

During the mini-budget in September 2022, the stamp duty thresholds on residential property were raised to their current levels, with the nil band increased from £125,000 to...

‘Buy Nothing Day’ sees huge spike in property sales completing

November, 2024

Buy Nothing Day, held every 25th November, is an initiative to help detox from consumerism and observe the environmental impact of shopping. Newly released research from London lettings...

London seeing double digit rental growth

November, 2024

This year has seen a resurgence in London, as rents have surged by 10.4% across the city – more than any other region, analysis from Zero deposit shows. Within the city the cost of...

2025 Predictions for the Private Rental Sector

November, 2024

Allison Thompson, national lettings managing director, Leaders Romans Group (LRG) As we approach 2025, the lettings industry is entering a phase marked by stabilisation and opportunity....

Falling rates see over a fifth of tenants deciding not to renew their existing rental agreements

November, 2024

The capital's rental market shifted during October, according to newly released figures. London estate agency Chestertons revealed a 22% drop in the number of tenants renewing their existing...

Over half of Brits say a "good local pub" is the top priority when choosing a new home

November, 2024

Over a third of house hunters rank pubs above local schools, places of worship, and gyms. New research shows that 52% of Brits believe that having a ‘good local pub’ is a...

Revealed: the best place in the UK to be an estate agent – TwentyEA data

November, 2024

Scotland is the best country within the UK to run an estate agency, followed by Northern Ireland, England ( excl London) and then Wales, data from TwentyEA has shown....

Impact of stamp duty changes predicted to hold back house price growth in 2025: Zoopla

November, 2024

83% of homebuyers will pay more stamp duty from April 2025, up from 49% today. More homebuyers will pay stamp duty in 2025, hitting house price growth by up to one per cent, according...

A homeowner’s guide to the Autumn budget: tips and tricks to stay prepared

November, 2024

Mehran Charania, director of Ready Steady Store Announced on the 30 th of October 2024, Labour’s first budget in 14 years arrived with both opportunities and challenges...

Knight Frank: House prices to only rise by 2.5% in 2025

November, 2024

UK House prices will rise by just 2.5% in 2025, as higher mortgage rates have an effect, Knight Frank has predicted. The firm reacted to rising borrowing costs since the Autumn Budget, which...

Housing minister pledges more regulation of agents – RoPA is coming

November, 2024

Housing minister Matthew Pennycook has once again committed to strengthening the regulation of managing agents, including as a minimum, mandatory professional qualifications. The UK government...

How to boost bathroom space on a budget

November, 2024

Newly released research from Yopa has revealed how much more buyers are willing to pay for a property that comes complete with the benefit of an additional bathroom. When it comes to...

Landlords take steps to meet EPS requirements

November, 2024

Over two thirds (67%) of landlords currently own at least one property that does not meet the new requirements for the government’s proposed EPC ‘C’ targets. The government...

UK house prices rise at fastest pace since Feb 2023 – industry response

November, 2024

British house prices rose at the fastest pace since February 2023 in the 12 months to September, figures from the Office for National Statistics showed on Wednesday. The average house price in...

Average UK house prices hold steady in September: UK HPI

November, 2024

The latest official government data on UK house prices has shown average UK house prices remained largely stable during September despite heightened uncertainty ahead of the budget. ...

Why house hunters should consider November and December as the best and most affordable months to buy

November, 2024

Searching for property during the quieter months carries many advantages, including being able to capitalise on fresh listings that are due to appear early in the New Year. The autumn...

Rental stock surges to five-year high in London

November, 2024

October saw the highest level of new stock entering the market, with an 8% increase from last year, the highest increase in four years. The latest data from Foxtons has highlighted the...

The pros and cons of renting to students: is it the right choice for you?

November, 2024

Allison Thompson, is national lettings managing director at Leaders Romans Group Student properties are no different in term of quality and facilities than any other type of private rental....

Rental market prediction: The forecast for the next five years

November, 2024

UK rents are set to grow by a further 17.6% over the next five years, according to Savills, as the imbalance between high demand and low supply is set to continue. But, there are signs in some...

Top tips to attract winter buyers

November, 2024

Competition on the market tends to cool down as the year wraps up, but buyers who hope to move for the coming year will be looking now. If you’re ready to put your home on the market,...

The recent Budget ‘may spur many people on to sell their homes’ at auction

November, 2024

With several agent partner programmes available across the country, estate agents can often increase business by offering sales by auction, with a wide selection of properties selling under the...

Home-moving costs set to hit record high after Stamp Duty changes – warning

November, 2024

The process of buying and selling a home in 2024 now costs almost £14,000 in upfront expenses and is set to rise further, research suggests. Taking into account Stamp Duty, conveyancing,...

London areas have lowest council tax in UK

November, 2024

Despite being home to some of the most expensive property in the UK, two London areas are actually the cheapest when it comes to council tax. In Wandsworth in south London council tax stands...

Budget to hurt housing market for some time, warns Knight Frank

November, 2024

Financial markets swallowed last month’s Budget, but it is causing a bout of indigestion, says a candid summary by lettings agency and property consultancy Knight Frank. It says that as a...

2024: From setbacks to optimism

November, 2024

Max Fellows, senior surveyor in the development team at Fisher German , takes a deep dive into the 2024 housing market and considers a variety of factors which are affecting the industry...

House price premiums found to be as high as 25% in National Parks

November, 2024

A new study from Nationwide has revealed that while the appeal of rural living remains as high as ever for Brits, so do the property premiums for the most sought-after areas. ...

Property industry reacts to Rightmove House Price Index

November, 2024

Rightmove has released its latest asking price data, revealing a larger-than-normal seasonal slowdown in pricing as we head towards Christmas. But market activity remains positive when...

New seller asking prices fall 'beyond seasonal norms': Rightmove

November, 2024

Pre and post-Budget 'jitters' are the likely cause of the 1.4% drop in average new seller asking prices this month, according to the latest figures released by Rightmove. The average...

How to personalise a rented property

November, 2024

According to the English Housing Survey (EHS), the private rented sector has roughly 4.6 million households (representing 19% of households in England). Renting a property does not mean you have...

Number of tenanted properties listed for sale has fallen since the Budget

November, 2024

No sign of a mass exodus of landlords two weeks on from Labour's first Budget in a generation. The latest research by Lomond has revealed that, two weeks on from the Autumn Budget,...

‘Seller fatigue’ sees rise in number of house hunters pushing for a winter sale

November, 2024

A spike in winter sales activity is likely to fuel a competitive market environment in early 2025. UK buying agency, Recoco Property Search claims that the current property market may...

Lenders pull all sub-4% loans as mortgage rates continue to rise

November, 2024

Mortgage rates continue to increase despite the Bank of England’s decision to cut interest rates last week. Yesterday, the final sub-4% fixed rates on offer from major banks and building...

Pendulum swings to new-build

November, 2024

With rising energy costs a concern, 53% of home movers would consider buying a brand new home, up from 47% last year. This is consistent across all age groups showing new-builds appeal to...

Scrapping Section 21 and reforming the PRS

November, 2024

Having passed its second reading in the House of Commons in October, and due to become law by summer 2025, Kate Rigby, partner in Rosling King’s dispute resolution team , analyses...

House prices head north as new buyer enquiries and agreed sales improve

November, 2024

The housing market continues to strengthen, according to the latest Royal Institution of Chartered Surveyors (RICS) UK residential market survey for October 2024. The latest data reveals that...

The most affordable towns and cities for property buyers in Britain – Zoopla

November, 2024

With the cost of living continuing to bite a number of Brits nationwide, Zoopla has uncovered the most affordable towns and cities in Britain. The research found that that despite annual...

Busy October for prime property sales as all activity measures significantly up on last year

November, 2024

The prime London sales market burst into life in October after what has been a relatively quiet year. All activity measures were significantly up, both compared to last year and longer-term...

Renters pursuing 'fixer-uppers' to get on the housing ladder

November, 2024

68% of renters are eager to take on fixer-uppers to help get on the housing ladder, compared to 54% of home-owners, according to new Rightmove research. A new consumer survey of over...

Hull the best city for housing affordability and schools

November, 2024

Kingston upon Hull has the best balance between affordable house prices and top quality education, according to analysis from tuition company Teachers To Your Home. The city has 22.4% of its...

Top 10 tips to make your move as easy as possible

November, 2024

Moving can be a daunting experience, especially if you’re relocating for the first time. To ensure a smooth transition from old to new, we’re bringing you some useful tips to make the...

Property market picks up pace following the Budget

November, 2024

84,000 more homes have come onto the market following last month's Autumn Statement, according to newly released data from Yopa. New research from Yopa has highlighted that, in the two...

Top tips to help you prepare for auction and move in by Christmas

November, 2024

There is still time to find your new home and be in by Christmas, according to property experts, Bamboo Auctions. Buying a home via online property auctions allows sales to typically...

Mortgage product choice dips in blow for buyers

November, 2024

Mortgage rates may be dropping but product choice has also fallen for homebuyers. Data from comparison website Moneyfacts shows mortgage product choice has reduced by the largest amount in more...

Vast majority of homebuyers unfazed by lack of stamp duty relief extension

November, 2024

Just 5% of homeowners surveyed stated they would postpone their plans to purchase indefinitely following the government's recent decision not to extend current stamp duty relief thresholds. ...

Why November to February is ideal for property investments

November, 2024

Cliff Ward of Pikl Insurance offers insights on how winter can be the best season to invest and considerations for winter property buyers The autumn into winter months traditionally...

Two-thirds of landlords not meeting proposed EPC targets

November, 2024

34% say they plan to sell without undertaking the necessary work needed to meet the new EPC requirements. The latest research from Foundation Home Loans has revealed that 67% of...

What is going to happen to house prices and rents next year?

November, 2024

Hamptons forecast that house prices will rise by an average of 3% across Great Britain in 2025, followed by 3.5% in 2026 and 2.5% in 2027, as the affordability picture improves. While the...

How to give your property the wow-factor

November, 2024

Although neutral interior design is the go-to look for selling a house, lots of buyers are looking for that special wow-factor in their next home. Here are some simple ways of making your pad...

Where are the least energy efficient towns in the nation?

November, 2024

The latest research from epIMS looks at where across England and Wales we burn the most energy within our homes. epIMS analysed the latest Gov data on annual household energy use by...

England's best first-time buyer markets revealed

November, 2024

According to new analysis from Yopa, in some regions of the country, as many as 85% of homes will still be available tax-free following a reduction in stamp duty relief. New insight...

A fourth consecutive month of positive house price growth – industry reaction

November, 2024

The average price of a residential property in the UK edged up to hit a record high in October, the latest figures from Halifax show. A typical property now costs £293,999, surpassing a...

MPC cuts base rate – but mortgage rates unlikely to fall in short term

November, 2024

The Bank of England’s Monetary Policy Committee has gone through with a rate cut of 0.25% – bringing the base rate to 4.75%. However, with swap rates rising after the Autumn...

Property industry reacts to Bank of England’s decision to cut interest rates

November, 2024

The Bank of England has cut interest rates for the second time this year as expected. Policymakers at the Bank have opted to reduce interest rates to 4.75% today. Rates sat at 5% after being...

Mortgage approvals rocketing up

November, 2024

Remember remember this November, the housing market is still ablaze with activity from igniting buyer interest. Mortgage approvals rocketed up to 65,647 in September, reaching heights not...

Average house prices hit record high after fourth consecutive monthly rise: Halifax

November, 2024

Average house prices edged up further in October, marking the fourth consecutive monthly increase, according to the latest figures released by Halifax. This morning's data released by...

Chain-free properties now account for a third of all homes currently for sale: Zoopla

November, 2024

41% of two-bed homes for sale are currently listed as chain-free on Zoopla 32% of homes for sale on Zoopla are currently chain-free. According to the property portal, the availability...

Spending on rent and mortgages rose sharply in October, says Barclays

November, 2024

Growth in rent and mortgage spending increased to its highest rate in 13 months, at 6.4%, last month, according to the latest Barclays Property Insights report. Despite this increase, consumers...

Bank of England poised to cut UK interest rates today

November, 2024

U K borrowing costs are set to be cut today for the second time this year, despite tax changes and a Donald Trump victory in the US casting uncertainty over the future path of interest rates....

Homebuyers warned over rising swap rates following the Budget

November, 2024

Higher borrowing costs are likely should the surge in swap rates continue Octane Capital CEO Jonathan Samuels, has warned homebuyers that it’s not just an increase in stamp duty...

House prices are poised to grow almost twice as fast as inflation

November, 2024

H ouse prices look set to increase almost twice as fast as inflation over the next five years and outpace wages, according to the latest forecast from JLL. Residential property prices are...

Interest rate cut tomorrow is looking “nailed on”, say economists

November, 2024

The Bank of England will almost certainly cut interest rates tomorrow in what would be a welcome move for property buyers and sellers, as well as estate agents. A slowdown in business activity...

UK house prices set for consistent year-on-year growth – five-year forecast

November, 2024

Average house prices are set to increase by £84,000 over the next five years, according to the latest house price forecast from Savills. With inflation returning to the 2% target and the...

Notable rise in homebuyers opting for a home condition survey

November, 2024

There was a 5.4% uplift in the number of homebuyers instructing a home condition survey with their property purchase in the third quarter of the year, new figures show. In the latest iteration...

UK property market on track for strong post-Christmas activity surge

November, 2024

A further reduction of interest rates is forecast to boost the usual seasonal trends seen in the New Year. The latest market insight by GetAgent reveals that the UK housing market is...

A third of first-time buyers to see stamp duty rise thanks to Budget snub

November, 2024

Some 31% of first-time buyers will pay more stamp duty after the government chose to let the higher stamp duty thresholds expire. From April 2025 first-time owners will pay stamp duty on...

Stamp Duty-exempt stock could drop by 20% from April – research

November, 2024

First-time buyers will face a stock shortage as well as potentially higher costs once Stamp Duty thresholds return to £300,000 in April, research suggests. Stamp Duty relief for...

Windows: Why big is not necessarily best

November, 2024

Not all glass is the same. And despite advancements in technology, it remains less insulating than traditional building materials like brick or concrete, according to the experts from Stacks...

Property industry reacts to latest UK house price data

November, 2024

There has been a mixed industry response to the latest data revealing that annual house price growth slowed in October, down to 2.4% from 3.2% in the previous month. According to Nationwide...

The PRS is set to pick up the tab for Reeves’ Budget spending

November, 2024

Nick Lyons, CEO of inventory specialists NoLettingGo, looks at the cost to the Private Rented Sector of Labour’s first Budget since 2010. So, now we know who is going to pick up...

Majority of landlords say they'll remain in the sector following the Budget

November, 2024

The fact that the highly anticipated capital gains tax hike never materialised in the budget has been well received by landlords. The latest market insight from London lettings and...

Lettings activity cooling as rents drop sharply

November, 2024

The rental market in England cooled in October, with monthly rents down by over 12% and year-on-year increases narrowing to an annual low, according to the Goodlord Rental Index. Voids also...

What is going to happen to house prices next year?

November, 2024

UK house prices are on track to edge higher over the whole of 2024, a sign that the housing market is remaining resilient. But what will happen next year and beyond? The Office for Budget...

Annual house price growth eases in October: Nationwide

November, 2024

The price of a typical home in the UK edged up by just 0.1% between September and October to stand at £266,094. Robert Gardner, Nationwide's Chief Economist, said:...

Stamp Duty on second homes: all you need to know

November, 2024

Thinking of buying a second home? The recent Autumn Budget announcement by Chancellor Rachel Reeves has significant implications for those planning to buy a second home or invest in a...

Where has seen the scariest house price drops since last Halloween?

October, 2024

27% of local authorities have been haunted by a reduction in house prices over the last year, according to new research. New research from Moverly analysed the latest figures from the...

Unlucky 'number 13' homes selling for thousands less this Halloween

October, 2024

In some instances, the housing developers will exclude the number 13 from new property developments because it can be such a deterrent. The latest market insight from London lettings...

Fun tips to decorate your home for Halloween

October, 2024

Whether you're aiming for a full-blown haunted house or just want to add a touch of Halloween magic to your home this spooky season, these tips will help you get into the festive spirit. ...

Agents do not need to stress about the Renters’ Rights Bill, says The Guild

October, 2024

Whilst there is no doubt that the introduction of the Renters Rights Bill is one of the biggest changes to the sector for quite some time, letting agents are being urged to embrace the changes and...

Budget 2024: Property industry reaction

October, 2024

Rachel Reeves has delivered Labour’s first Budget in a generation – and the first ever written by a female chancellor. In many recent Budgets, housing and property seemed to...

Stamp duty threshold to revert back to £125k from £250k

October, 2024

There was bad news all round when it came to stamp duty yesterday. While first-time buyers were hit by the government’s decision not to extend the relief on stamp duty for people buying...

Budget 2024: No mention of 'Freedom to Buy' scheme

October, 2024

Labour's new permanent mortgage guarantee scheme first revealed ahead of their General Election victory earlier this year promised to get 80,000 young people onto the housing ladder by the next...

Property industry reacts to the Autumn Budget 2024

October, 2024

Chancellor Rachel Reeves’ Budget statement this afternoon highlighted tax hikes for both working individuals and British businesses. She told the Commons that the Budget will raise taxes...

England braced for rising energy bills by December

October, 2024

Households should be braced for higher energy costs from Winter, analysis of Ofgem data from PCInternational has found. Unit prices are set to increase by 10% between October 1st and December...

House prices look set to rise as mortgage approvals hit two-year high

October, 2024

The number of mortgages approved in September reached a level not seen in the two years since the Liz Truss mini-budget. The latest data from the Bank of England shows last month saw the...

Spooky street names

October, 2024

Halloween is a monster of a market, with spending in the UK expected to creep up to a spine-chilling £776 million in 2024. It would also seem that some home movers like a hint of...

Majority of BTL landlords delay property purchases over tax concerns

October, 2024

Ahead of today’s Budget, new research show that 77% of buy-to-let landlords are concerned about the future of their investments. More than 90% of those surveyed identified a potential...

The Guild secures ESTAS Award for Best Agency Network for the fourth consecutive year

October, 2024

The Guild of Property Professionals has once again proven its excellence in the property sector, securing the coveted ESTAS award for Best Agency Network for the fourth consecutive...

Bank of England to cut interest rates next week, economists forecast

October, 2024

The Bank of England is expected to cut interest rates next week in what would be a welcome move for buyers, sellers, and of course, estate agents. UK estate agents have already reported more...

London rents fall for third quarter in a row

October, 2024

London rents have dropped every quarter in 2024, suggesting the market has cooled considerably this year, data from flatshare website SpareRoom has revealed. East Central (+4%) London has...

Chancellor urged to focus on stamp duty reform and support for landlords

October, 2024

Ahead of tomorrow’s Autumn Budget statement, the government is being urged to focus on stamp duty reform and support for landlords to help them reduce their costs and meet the Minimum...

Budget 2024: Just two regions will be affected by stamp duty threshold freeze

October, 2024

If the government fails to extend the current stamp duty relief beyond March tomorrow, it would make very little difference to the average first-time buyer according to new data from Yopa. ...

Nil band stamp duty rate should be £215,000 based on home inflation

October, 2024

The minimum rate of stamp duty should stand at £215,675 if pegged to property price inflation since it was introduced. The nil band of the tax was set at £125,000 in 2006, so the...

Landlords most worried about CGT changes

October, 2024

Landlords are worried Labour’s potential increase to Capital Gains Tax in this week’s Autumn Budget, the Landlord Trends report from consultancy Pegasus Insight has found. Indeed,...

Top tips for landlords letting to students

October, 2024

Neil Smith, Paragon Bank's head of surveyors shares his insight on the highly competitive and often challenging landscape of student rentals. The student rental market remains a vibrant...

Property industry reacts to Zoopla House Price Index

October, 2024

Residential property prices are rising slowly, up by just 1% over the last 12 months, compared to a fall of 0.9% a year ago, according to Zoopla. The property portal says property price...

House sales at highest levels seen in four years: Zoopla

October, 2024

The total value of homes in the sales pipeline is up by 30% when compared to last year, according to the latest data released by Zoopla. 2024 is set to be a bumper year for house sales,...

Pick of the crop: more homes for sale

October, 2024

The number of available homes for sale per estate agent has reached its highest level since 2014 and 12% higher year-on-year, giving buyers the pick of the crop. Despite strong housing...

Bank wants government to keep stamp duty threshold in Autumn Budget

October, 2024

Aldermore Bank has called for the government to retain the minimum stamp duty threshold for first-time buyers, after conducting a poll. As it stands first-time buyers only start paying stamp...

Government urged to offer greater support for first-time buyers in the budget

October, 2024

Over three-quarters of aspiring first-time buyers believe the government should do more to support them in getting on the property ladder Ahead of next week's budget, new research has...

Budget wishlist for the property sector

October, 2024

Jeremy Leaf, north London estate agent and a former RICS residential chairman The importance of improving supply of affordable housing to rent and buy, as well as transactions in view of...

Entertaining tips to host this Halloween

October, 2024

Halloween is just around the corner, which means it is time to start planning the spookiest party of the year! Whether you're hosting a small gathering or a full-blown haunted bash, these tips...

Paranormal postcode premiums hit a shocking £75k

October, 2024

25% of UK adults think that they have lived in a haunted house with 17% even claiming to have seen a ghost for themselves. Properties located near a 'haunted' location can be up to...

Rental inflation eases to 4%

October, 2024

Rents rose by 4% in the year to the third quarter, the smallest increase seen in 2024, data from SpareRoom has revealed. The regions seeing the biggest increases in average rent prices are...

Three unique property features helping to sell homes faster

October, 2024

Sought-after property features often fall in and out of favour and are influenced by events and trends seen beyond the property market, such as large gardens which became popular during lockdown...

Revealed: The UK's most common street names

October, 2024

Out of the top 100 most popular street names, 30 have royal connotations including Queen Street and Victoria Road A new analysis of ordnance survey data by Zoopla finds that High Street...

Could the Autumn Statement derail property market positivity?

October, 2024

A large majority of estate agents believe that the government has put too much emphasis on letting sector reform and not enough focus on boosting the housing market, according to a new...

Budget tax changes could lead to ‘influx of properties on the market’

October, 2024

If Labour removes Inheritance Tax reliefs we could see a plethora of properties flood the market, Jack Malnick, founder of SellHouseFast.co.uk, has warned. The tax is currently charged at 40%...

Government commits to improving quality of new homes

October, 2024

The UK government has accepted proposals from the competition watchdog to improve the quality of homes being built. In February, the Competition and Markets Authority (CMA) said the...

Right to Buy discounts to be slashed by two thirds

October, 2024

The Labour Party plans to reduce the Right to Buy discounts by two thirds in a bid to halt diminishing council house stock, The Times reports. Deputy prime minister Angela Rayner is...

Tomorrow is the last day to list your home to sell by Christmas

October, 2024

Analysis over the past 9 years shows it takes on average 59 days to sell If you want to sell your home before Christmas, there is still time. Prospective home-sellers will need to...

UK interest rates will drop to 2.75%, Goldman Sachs predicts

October, 2024

The Bank of England could move more aggressively to lower borrowing costs; good news for mortgage borrowers. The Bank will cut interest rates from the existing level of 5% down to 2.75% next...

Renters’ Rights Bill enters Committee stage in parliament today

October, 2024

Today, the Renters’ Rights Bill enters Committee stage in the House of Commons, where MPs will debate and scrutinise the proposed legislation. Following the recent Second Reading in the...

How do I know if my house is haunted?

October, 2024

Halloween is known for its eerie tales, creepy ghouls and mysterious occurrences. We have put together a collection of spooky stories, inexplicable sightings and things to look out for. Here is a...

Property industry reacts to Rightmove House Price Index

October, 2024

Housing market activity remains strong, but the muted Autumn price increase of just 0.3% month-on-month to £371,958 comes as buyer choice and seller competition rise. With a greater...

Strong seller competition mutes Autumn price bounce: Rightmove

October, 2024

Asking prices for newly marketed homes edged up slightly this month - but by a much lower amount than the seasonal norm, according to the latest market analysis from Rightmove. The...

And the winners of The ESTAS Awards 2024 are…

October, 2024

Agents and industry suppliers gathered last Friday to see who was crowned the best for the customer service across the UK. This year The ESTAS celebrated their 21st birthday with Phil Spencer,...

Labour to let higher stamp duty thresholds expire

October, 2024

The Labour Party is expected to allow higher stamp duty thresholds to revert back to previous levels in April 2025. If that happens the nil band will fall from £250,000 to...

London's letting market remains resilient despite seasonal dip: Foxtons

October, 2024

Demand for rental properties in the capital decreased 35% month-on-month from August, tracking typical seasonal trends according to Foxtons. September signals the close of a highly...

UK homeowners ‘sitting on £80,000 in property value gains on average’

October, 2024

Homeowners who have acquired their properties in the last 20 years have enjoyed a substantial increase in value averaging around a £80,000 rise, fresh analysis has revealed. Data from...

Younger generations 'more keen' on custom-built homes

October, 2024

Greater awareness of custom-build is critical to unlocking its untapped demand, according to new research from Saffron for Intermediaries Saffron for Intermediaries has found that there...

What are the 10 biggest turn-offs for home buyers?

October, 2024

When it comes to selling your property, making a good first impression is imperative. We have identified the top 10 biggest turn-offs for prospective buyers and how to avoid them. Clutter...

The regions offering the best rent to rent returns

October, 2024

The ‘guaranteed rent’ or ‘rent to rent’ model is becoming an increasingly popular path for private rental investors, according to the latest analysis by London lettings...

Property industry reacts to latest UK house price data

October, 2024

In August, average residential property prices in the UK increased by an average of 1.5% compared with the previous month and 2.8% year-on-year to £292,924, the latest government data has...

Average house prices climb for sixth consecutive month: UK HPI

October, 2024

The price of a typical home in the UK climbed to an average price of £293,000 in August, according to the latest figures released by ONS. Average UK house price annual inflation...

UK rents continue to rise as landlords flee buy-to-let sector

October, 2024

Average private rents increased by 8.4% in the 12 months to September 2024, the same increase as in August 2024, data from the Office for National Statistics has revealed. With demand from...

Landlords brace for budget impact amid record high rents: Rightmove

October, 2024

Average advertised rent for new properties coming to the market has hit a new quarterly record, according to Rightmove's latest market analysis. The latest Rental Trends Tracker from...

Hopes of a double interest rate cut before Christmas boosted as inflation falls to 1.7%

October, 2024

UK inflation fell to 1.7% in the year to September, the lowest rate since April 2021. Lower airfares and petrol prices were the main driver behind in the fall, the Office for National...

New towns offer cheaper homes with strong growth potential – Halifax

October, 2024

Home buyers could save close to £50,000 on average by purchasing a property in a new town, compared with house prices generally, fresh analysis shows. The average house price in a new...

Sales surge

October, 2024

Falling mortgage rates are helping boost sales levels. There were 332,200 sales agreed across the UK in Q3 2024, 23% above the same period last year. While 2023 was a low base to compare...

How to identify an up-and-coming hot spot

October, 2024

Wondering how to spot the next property hotspot without a crystal ball? Discovering a neighborhood on the brink of a boom can turn an ordinary property investment into a high-reward opportunity....

We have an ‘affordable’ housing crisis on our hands

October, 2024

Robin Rathore of Bamboo Auctions argues that there is little point in building more new homes when people can’t afford to buy them because, thanks to rising housebuilding costs, they are...

Surge in property sales agreed fuelled by lower mortgage rates

October, 2024

The number of ‘sales subject to contract’ increased by almost a quarter – 2 3% – in Q3 24 compared with the same period last year , the latest data from ...

Vast majority of landlords remain concerned about new EPC regulations

October, 2024

29% of landlords believe that the new EPC targets are only realistic with government support Following the announcement that landlords will be required to improve the EPC ratings of...

Preston the best place to make home improvements

October, 2024

Preston is the best place to make home improvements based on factors like the planning permission approval rate, tradespeople reviews, as well as the number of hardware stores, research from wood...

Why are so many property sales falling through before completion?

October, 2024

Collapsed property sales could be costing the public as much as £900m a year, according to the latest figures. More than one in four property sales fell through in England and...

The Renters’ Rights Bill is doomed to fail, says Propertymark

October, 2024

Propertymark has warned of the unintended consequences of the current Renters’ Rights Bill, which in practice feels will potentially damage the sector and ultimately compound issues that...

Budget 2024: Four tax areas to watch that directly impact housing

October, 2024

Budget time always brings debate about tax and housing and what this means for decision-making on property sales volumes and values. When it comes to tax, recent governments have focused on how...

Fall-throughs and withdrawals see sharp quarterly increase

October, 2024

Despite fall throughs surging by over 18%, the huge number of withdrawals that occur continue to have a much greater impact on the UK housing market. Analysis by Moverly has found that...

How the Autumn Statement might impact the property market

October, 2024

Mitchell Walsh, CEO at Integritas Property Group explores what the Autumn Statement is likely to have in store and uncovers what it means for the UK property market. After almost four...

Inflation to remain around 2% target – making Bank base rate cuts more likely

October, 2024

The inflation rate is expected to remain around the Bank of England’s 2% target on 16 October, which raises the prospect of another base rate cut. CPI inflation stood at 2.2%...

Student renters –huge scale of student demand

October, 2024

With a new academic year just getting underway; it makes a good time to reflect on the huge scale of student demand and how many live in purpose built student accommodation (PBSA) or in the...

‘Right-sizing’ could free up 3.8m UK homes, says Barclays

October, 2024

Alongside building new homes, ‘right-sizing’ could be an important part of the solution to the UK’s complex housing crisis – if properly incentivised. That is according to...

How much is the average home buyer paying for the space to fit a double bed?

October, 2024

New research from Zoopla highlights why we should be paying more attention to floor space and how much it costs when buying a home in the UK. Zoopla reveals that the average UK home now...

How much could a parking space add to the value of your home?

October, 2024

The latest research from Yopa has found that homes which come with a dedicated car parking space might not command the market premiums homebuyers expect. Yopa has analysed hundreds of...

UK house prices return to growth as sales market improves

October, 2024

The UK housing market continues to pick up, the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey shows. The September 2024 survey found that demand, sales, and...

Would you give up your dream job to get a mortgage?

October, 2024

Almost 9 million Brits have sacrificed 'dream jobs' through fears of being turned down for a mortgage, according to newly released research. As many as one in four working Brits -...

Renters’ Rights Bill returns to parliament today – here’s what you need to know

October, 2024

The Renters’ Rights Bill, which was introduced in the House of Commons last month, is scheduled to have its second reading today. The government has provided the following briefing which...

Opportunities for agents under the new Renters’ Rights Bill

October, 2024

Let’s face it, no one likes change forced on them. But change is coming to our industry, the Renters’ Rights Bill has now been fully revealed ahead of its second reading in...

How to add a sense of warmth and comfort to your home

October, 2024

When it’s warm outside, you may want to keep things minimal and breezy in your home. But as the cold seeps in, you’ll start to miss those cosy, insulant layers that make you feel glad...

Monthly property transactions exceeds 100,000 threshold for the first time in almost two years

October, 2024

UK housing market conditions continue to steadily improve, supported in part by greater mortgage affordability, which has been easing thanks to strong wage growth and falling interest rates....

Lower rates continuing to fuel demand among first-time buyers

October, 2024

‘First-time buyer’ searches grew by 9.1% in September, following an increase of 5.4% in August. The latest data from Legal & General has revealed that improved mortgage...

Banks call for Stamp Duty reform in Autumn Budget

October, 2024

Banks are calling for Stamp Duty reform in the upcoming Autumn Budget. There may be expectations of tax rises when Chancellor Rachel Reeves delivers her first Budget on 30 October, but that...

Landlords awaiting more clarity on Renters Rights Bill

October, 2024

Tom Bill, head of UK residential research at Knight Frank, explores what has been happening across the capital's prime lettings market ahead of the forthcoming Renters Rights Bill. The...

Upgrading rental homes to meet 2030 target could cost more than £23bn

October, 2024

An estimated 2.9 million properties need to be improved under the government’s proposal for rental homes to reach a minimum EPC rating of C by 2030, costing £23.4 billion – an...

House prices rise for third consecutive month: Halifax

October, 2024

Year-on-year house prices are at the strongest rate since November 2022, according to Halifax data Average UK house prices saw a further increase during September, edging up slightly by...

Should you buy a new build or renovate?

October, 2024

As the debate between renovating older properties and purchasing new builds intensifies across the UK, G Johns & Sons, a specialist in architectural ironmongery, highlights the importance of...

Rental Yields strengthen further in Q3

October, 2024

The latest buy-to-let sector analysis from Fleet Mortgages has revealed that average yields in England now stand at 7.2% following a year-on-year rise of 0.3%. However, they are down by 0.4%...

Tenants competing for fewer properties as landlords flee the rental market

October, 2024

The latest Goodlord & Vouch State of the Lettings Industry Report – the 7th annual report from the rental tech platforms – shows a sector facing tough challenges. This year,...

Where are the best second-stepper locations in England?

October, 2024

New research has revealed where FTBs can slingshot furthest up the property ladder thanks to high house price growth. The latest research by eXp UK has shown that first-time buyers...

Boost for buyers as BoE chief says interest rate cuts could be more ‘aggressive’

October, 2024

Financial markets are now pricing in a interest rate cut for the UK at the next Bank of England meeting in November following remarks by its governor. Andrew Bailey told the Guardian that the...

Who are the next generation of Portfolio Landlords?

October, 2024

Residential property has long been the investment choice for many in the UK, but as original buy-to-let landlords near retirement, a new generation must step up to meet the future demand for...

Property industry reacts to Zoopla House Price Index

October, 2024

New property sales agreed are 25% higher than a year ago as buyers return to the market, led by gains in the East Midland (32%) and North East (30%), according to the latest Zoopla House Price...

Falling mortgage rates spark double digit surge in property demand and home sales

October, 2024

The lowest mortgage rates for 15 months are fuelling a return of buyers to the market and a recovery in house prices, according to the latest data released by Zoopla. Zoopla's latest...

Britain’s fastest and slowest housing markets unveiled

October, 2024

Carluke in Lanarkshire is Great Britain’s fastest-selling market this year, with sellers in the area finding a buyer in an average of 15 days, Rightmove’s Speed of Market Tracker...

Selling seasonally: how to add value to your property this winter

October, 2024

Home sellers can add huge value to their property by directly appealing to the seasonal wants and needs of homebuyers. The autumn and winter period is a great time to sell your home. It...

Top 10 things to know before buying your first home

October, 2024

So you’ve taken the leap and made the decision to buy your very first home. Discover our guide to becoming a first-time buyer to ensure you're equipped and confident on your journey to...

Demand for homes remains high despite drop off in Q3

October, 2024

Buyer appetite remains stronger than it was this time last year, according to the latest insight from GetAgent. GetAgent’s Hotspots Demand Index monitors homebuyer demand across...

How could proposed tax changes and government reforms likely impact the lettings market?

October, 2024

Members from The Guild of Property Professionals explore the potential impact on landlords and tenants should anticipated reforms and changes to tax laws come into effect. With...

London rents surge in September

October, 2024

The cost of renting across Greater London surged by 7.7% in September, suggesting there’s renewed appetite amongst renters in the city. This brings annual growth to 4.4% in the city,...

Strong tenant demand sees rents holding steady during September

October, 2024

Rents across England remained high in September - breaking the £1,400 barrier for the third month in a row. The average price for a rental property in September was £1,417,...

Property industry reacts to latest UK house price data

October, 2024

Residential property prices rose at the fastest pace in more than two years, according to the latest data from Nationwide. The average price of a home increased by 3.2% over the past 12 months,...

Nationwide: UK house prices growing at fastest rate since end of 2022

October, 2024

Average UK houses prices rose by the fastest pace for two years during September, Nationwide data suggests. The latest Nationwide House Price Index shows average UK property values rose by 3.2%...

House prices accelerate at record pace in September: Nationwide

September, 2024

Nationwide's latest analysis has shown that recovery within the UK housing market has continued at record pace in September. UK house prices saw a further rise of 0.7% in September with...

Mini Budget fallout still evident in today's property market

September, 2024

Despite the market still bearing scars caused by the Mini Budget, plenty of signs of property market positivity have emerged over the last year. The latest market insight from Foxtons...

Autumn Budget predictions for the property and construction sector

September, 2024

Rebecca Wilkinson, partner and property & construction sector specialist at accountancy and advisory firm Menzies The Labour Government has already warned that its first fiscal budget...

Are you familiar with new guidance on the Renters’ Rights Bill?

September, 2024

Following the government’s publication of the full details of the Renters’ Rights Bill, which delivers on Labour’s manifesto commitment to transform the experience of private...

Tenants confusing up-front rent with deposits – agents asked to clarify

September, 2024

A survey by the Deposit Protection Service has shown that six out of every 10 tenant respondents who have moved within the last year said they paid between two and three months’ rent upfront...

Slower rental growth leads to shorter tenancies, new data reveals

September, 2024

In 2024 so far, a decline in the average length of residency has been observed in London and Scotland since Q4 of 2023, according to analysis by TwentyEA. This trend aligns with both regions...

Over half of landlords and agents feel pessimistic about PRS

September, 2024

Early data released by Goodlord and Vouch, ahead of the publication of the seventh annual State of the Lettings Industry report, shows that over half of landlords and estate agents feel...

Revealed! The cost of poor sales progression for estate agents

September, 2024

Poor sales progression is costing agents an estimated £938,697 per brand or £97,274 per branch annually, research suggests. Analysis by ViewMyChain and TwentyEA examined...

Average property prices come to £277,500 – ONS

September, 2024

The median price paid in England and Wales for a property was £277,500 in the year ending March 2024, according to the latest figures. According to the latest data from the...

Prime London demand falls as buyers await Labour tax plans

September, 2024

Conversely, super prime demand has actually seen demand increase. Demand for prime property in the capital fell by 2.5% in the third quarter of this year, dampening the uptick seen in...

Advertise your home by 23rd October to sell by Christmas

September, 2024

The time to sell in 2024 has been slower than the long run average at 67 days so far this year. Prospective home-sellers will need to have their property on the market by Wednesday 23rd...

Keir Starmer unveils “planning passports” to boost housebuilding

September, 2024

Prime Minister Keir Starmer plans to bring in “planning passports” that mean inner city homes are automatically approved providing they meet design and quality standards. Labour...

Britain’s busiest rental market revealed with 50-plus enquiries per property

September, 2024

Wrexham is the busiest rental market, based on millions of local data points across more than 250 local authorities, new data from Rightmove shows. An average letting agent in Wrexham is...

Price pressure – cities with lowest and highest rents

September, 2024

St Albans tops the list as the most expensive city in the UK to rent outside of London, paying an average £2,307 per month, 71% above the national average. As students prepare to start...

Fewer vendors opt for off-market sales

September, 2024

There has been a sharp fall in the number of vendors choosing to sell their home off-market without it being openly advertised, fresh research has found.? ...

Rachel Reeves vows to take on the NIMBYs at party conference

September, 2024

Chancellor Rachel Reeves has pledged to take on the “blockers” that frustrate the housebuilding process at Labour’s annual party conference. She said there was a need to...

Landlords respond to new energy efficiency plans for rented housing

September, 2024

Less than half of private rented properties in England have an EPC rating of C or above. The Energy Security and Net Zero Secretary, Ed Miliband, is reportedly planning to announce new...

Government extends Decent Homes Standards and Awaab’s Law into Private Rented Sector

September, 2024

Awaab’s Law legislation for the social rented sector will be brought forward this autumn, and protections will be extended to the private rented sector through the Renters Rights...

Cosy tips to reset your home this autumn

September, 2024

As summer gently fades away and we welcome in the cosy embrace of autumn, coming home takes on a whole new meaning. What was our place to entertain and recharge in the summer, is now our calm...

Autumn interior design tips inspired by nature

September, 2024

The great outdoors during the autumn season is nothing short of glorious. From streets punctuated with fallen leaves to dark landscapes split with the atmospheric colours of a cool sunset,...

Majority of renters have accepted they’ll never buy

September, 2024

Many tenants seem resigned to being stuck in the rental sector for the long term, a Go.Compare Home Insurance survey shows. Six in 10 reckon they’ll never get on the property ladder,...

UK housing market returns to growth with £88bn spent in Q2 2024

September, 2024

The UK housing market has returned to growth, according to the latest research from Savills. Spending on house purchases edged back above £350bn in the year to the end of June –...

New housing policies: Angela Rayner’s speech at Labour Party Conference

September, 2024

Angela Rayner set out measures to protect renters from fire safety defects, damp and mould in her speech at the Labour Party conference yesterday. The deputy prime minister and housing...

Bank of England holds interest rate at 5.0%

September, 2024

The Bank of England has held the interest rate at 5.0%, which was expected but could still come as a disappointment to some mortgage holders. Eight of the nine members of the Monetary Policy...

UK Finance urges government to retain stamp duty levels

September, 2024

Trade body UK Finance has called on Labour to make it so first-time buyers don’t pay stamp duty on the first £425,000 of purchases permanently. As it stands the minimum rate of...

First-time buyers are underestimating how long it actually takes to secure a home

September, 2024

Research by Aldermore revealed that, in particular, liaising with estate agents takes much longer than people expect. According to Aldermore’s latest First Time Buyer Index,...

Transactions fall as Budget uncertainty replaces election uncertainty

September, 2024

For London’s super-prime (£10m-plus) property market, Budget uncertainty has replaced election uncertainty, according to Knight Frank. Many buyers and sellers switched off early for...

Students dominate the September rental market

September, 2024

As a new academic year gets underway, young people across the country are busy leaving the family home and moving to new cities. HESA (Higher Eduation Statistics Agency) estimates 2.9...

Britain’s most and least expensive cities to rent outside London revealed

September, 2024

St Albans is the most expensive city to rent outside London, with tenants paying an average of £2,307 per calendar month (pcm), 71% above the UK average, new analysis from Rightmove reveals....

Average house prices rise for sixth consecutive month: UK HPI

September, 2024

Albeit slightly historic, this morning's data released by the Land Registry has revealed further positive movement in UK house prices ahead of the usual Autumn uptick. The latest...

Bank of England urged to cut interest rates today despite above-target inflation

September, 2024

With inflation holding steady last month at 2.2%, which is below the 2.4% level the Bank of England expected, will Threadneedle Street cut interest rates again today? A cut to interest rates...

Buyers expect to spend £35,000 retrofitting their purchase – research

September, 2024

Prospective homebuyers are preparing to invest substantial amounts in retrofitting and renovating their properties to boost the value of their purchase. Research by Mortgage Advice Bureau found...

Unsold agency stock hits 10-year high but homes are selling faster – research

September, 2024

The level of unsold sales stock in England and Wales is at its highest since 2014, research suggests It comes as the latest Home.co.uk Asking Price Index shows a surge in new...

Buyer activity levels predicted to see post-budget bounce in October

September, 2024

The number of buyers entering the market has increased following the last nine statements. Estate agent comparison site, GetAgent.co.uk, analysed the number of mortgage approvals seen...

Autumn gardening trends

September, 2024

As the summer warmth succumbs into the embrace of crisp, cool air, it's time to welcome the enchanting season of autumn into our gardens. Whether you’re thinking of showing off your home...

Housing market on course for bumper decade, says Moverly

September, 2024

Property pack provider Moverly has declared that the housing market is on course for a strong decade based on the transaction levels in the 2020s so far. In this decade the UK has seen...

Scrap stamp duty, says the OECD

September, 2024

A new report from the Organisation for Economic Co-operation and Development (OECD) calls on the chancellor Rachel Reeves to abolish Stamp Duty Land Tax, among a host of other changes to help...

The UK's current prime rental hotspots

September, 2024

Benham and Reeves latest research revealed some locations where a month’s rent costs a year’s salary The latest insight from London lettings and estate agent, Benham and...

UK house market tipped to see a post-Budget bounce

September, 2024

Despite property market activity picking up in recent months, the sector could see a post-Budget bounce come October, with the number of buyers entering the market historically increasing...

Property industry reacts to Rightmove House Price Index

September, 2024

The latest Rightmove data revealing that average new seller asking prices increased by 0.8%, or £2,974, this month to £370,759 is double the long-term average for this time of year,...

New seller asking prices accelerate amid early autumn action: Rightmove

September, 2024

While September usually sees a monthly rise in prices, this year’s increase is double the long-term average, according to the latest market analysis from Rightmove. The average...

North-South divide in rents narrowing

September, 2024

The gap between the cost of renting in the North and South of England has narrowed to its lowest point in over a decade, Hamptons analysis shows. The average rent in the South is 37%...

Sell your home this autumn

September, 2024

If you’re considering selling this season, autumn brings in a golden opportunity to charm potential buyers and make a move. With its cosy ambience and motivated buyers, it’s easy to...

Prospective buyers keen to invest 'substantial amounts' retrofitting their homes

September, 2024

Prospective homeowners are focusing on both aesthetic and functional improvements, according to new MAB research. Prospective homebuyers are preparing to invest substantial amounts in...

Superstitious buyers avoid moving house on Friday 13th

September, 2024

Superstitious people avoid moving house on Friday 13th, a new report from Rightmove has suggested. Friday is the most popular day of the week for people to get the keys to their new home,...

21 tenants competing for every rental property

September, 2024

Some 21 tenants are competing for every rental property on the market – highlighting the challenge faced by renters, Zoopla’s Rental Market Report has revealed. There are...

Bank of England to cut interest rates, economists forecast

September, 2024

The Bank of England is expected to cut interest rates again this year in what would be a welcome move for buyers, sellers, and of course, estate agents. UK estate agents have already reported...

Emerging FTB hotspots revealed in new Santander research

September, 2024

First-time buyers are moving further away to secure a spot on the property ladder due to a lack of suitable properties and affordability constraints. Newly released market insight from...

Strongest growth in house price

September, 2024

House prices edged up 0.3% in August, with annual growth rising to 4.3%, the fastest pace since late 2022. However, this is partly due to the comparison with weaker growth this time last year....

House prices move into positive territory for first time in almost two years

September, 2024

Residential property prices are showing signs of increasing for the first time in almost two years as market activity continued to improve, according to surveyors. Price growth moved into...

RICS: Tenant supply and demand becoming more squeezed

September, 2024

Tenant demand is rising while supply is falling, which means rents are likely to increase in the months ahead, the RICS Residential Survey found. A net +11 of surveyors said tenant...

Are you familiar with the new Renters Reform Bill?

September, 2024

Section 21 evictions will be banned, and renters will receive greater protections and security from eviction thanks to historic legislation announced by the government. The Renters’...

Regional Property Market Update Autumn 2024: London

September, 2024

With a more positive outlook for autumn, confidence should continue to return to the housing market, as inflation remains under control and interest rates are now taking their first steps...

The latest housing trends currently shaping the property market

September, 2024

The 2024 Rental Housing Trends Report by MRI Software, revealing the trends that are shaping the residential market has been published. It shows that renters’ preferences for...

Tower Hamlets the best London borough for buy-to-let

September, 2024

Property analyst SBA Property Management has identified Tower Hamlets as the highest-yielding borough for rental returns. The borough offers buy-to-let investors yields of 5.9%, up from...

Labour’s new Renters’ Rights Bill to get its first reading in the House of Commons today

September, 2024

The new bill aims to finally put an end to Section 21 'no fault' evictions Details of the new Renters’ Rights Bill will be published today as the bill makes its way to the Commons...

Autumn interior design trends

September, 2024

The evenings are atmospheric, the mornings are brisk, and the interior of your home is ready for a revamp! Autumn is a great time to inject some cosiness back into your home, so grab a mug of...

Mortgage rates are dropping but so is product choice

September, 2024

Homebuyers are benefiting from mortgage rates dropping to a six-month low. Data from comparison website Moneyfacts shows average mortgage rates on the overall two- and five-year fixed rate...

Which university town is currently achieving the highest yields for student landlords?

September, 2024

Paragon Bank analysis of popular student postcodes has revealed that Russell Group university locations are some of the most profitable for landlords in terms of rental yields. ...

Renters’ Rights Bill to enter parliament this week

September, 2024

The bill banning Section 21 evictions is set to come to the House of Commons for its first reading this week. The Renters’ Rights Bill will also restrict bidding wars, as well as...

House prices hit two-year high – industry response

September, 2024

The latest Halifax index released on Friday showed that residential property prices are up 4.3% year-on-year to £292,505, the strongest growth since late 2022. The lender, which is owned...

Tax hike fears are already hitting the sales market – claim

September, 2024

Sales may be rising overall in prime London areas but there are signs of a decline at the higher-end due to tax fears. Chancellor Rachel Reeves hasn’t stood up in Parliament to deliver...

Renter’s Rights Bill: Plan to ban Section 21 evictions to return to Commons

September, 2024

The government is set to introduce a bill in the Commons this week which will finally ban landlords in England from evicting tenants without a reason. Ministers are expected to bring the...

Maximising natural light in your home

September, 2024

Light is an important element in any home. Depending on its use, light can set a specific mood and make or break the presentation of your property. Natural light is the best type of light to...

Angela Rayner rules out scrapping Margaret Thatcher’s Right to Buy scheme

September, 2024

Angela Rayner has dismissed speculation that she plans to abolish Thatcher’s Right to Buy policy but has pledged reform of the policy, which allows most council tenants to buy their council...

UK house prices hit two-year high: Halifax

September, 2024

Average UK house prices edged up further in August following a July rise of 0.9%, according to the latest data released by Halifax. UK house prices have increased by a further 0.3% in...

Revealed: The most affordable places to currently live in the UK

September, 2024

A new survey has revealed that 35% of UK households would consider moving out of the area they grew up in and into a more affordable area to get on the property ladder. Research from...

Uptick in mortgage approvals

September, 2024

July data just released by the Bank of England saw a pick-up in mortgage approvals to just shy of 62,000, the highest monthly rate since the Truss mini budget in September 2022. This July...

Rent and mortgage spending slumps to 17-month low

September, 2024

Rent and mortgage spending grew by just 1.1% in August, the lowest rate of growth recorded since March 2023, according to newly released data from Barclays. The latest Barclays Property...

Proportion of former rental homes for sale reaches record levels

September, 2024

More landlords are choosing to sell up according to the latest stats released by Rightmove, potentially driven by a predicted Capital Gains Tax hike in next month's Autumn Statement. ...

Property transaction times up 23% in last 10 years

September, 2024

There has been a significant increase in property transaction times over the past decade, new figures from Twenty EA shows. According to the data, in 2014 the average property turnaround time...

More Americans buying London property

September, 2024

Some 40% of properties valued above $15 million went to American buyers last year, research by UK Sotheby’s International Realty has revealed. US buyers range from tech...

UK homeowner equity swells to record levels

September, 2024

Over-55s currently hold an average of £321,213 worth of equity in their homes Recovering house prices in the first half of 2024 have boosted the total value of the nation’s...

Buyer demand and agreed sales increase but price expectation gap remains

September, 2024

There was a rise in the number of prospective homebuyers registering with estate agents in July, while the volume of agreed property sales was also up, Propertymark’s Housing Insight report...

UK property investors braced for rising costs and new EPC rules

September, 2024

Property investors in the UK are facing increasing pressure as new energy efficiency regulations, combined with the rising costs of inflation and energy, pose significant financial...

Renting to students: all you need to know

September, 2024

Students are a popular demographic among landlords for numerous reasons; from high demand to longer rental periods, letting to students is a great way to secure your investment and attain high...

Decorating hacks for tenants

September, 2024

If you are ready to make your new rented property feel like home, but feel you lack freedom when it comes to styling your space, check out our top tips to update your home without compromising...

Annual rental growth sits at 7% in August

September, 2024

The cost of renting surged by 7% year-on-year in August, bringing the average to £1,438 across the whole of England, Goodlord research shows. This is despite rents dropping by 2%...

Revealed: Britain's first-time buyer hotspots

September, 2024

Newly released research from Halifax has revealed where Britain's most popular locations for first-time buyers outside of London are. New research, based on data from the Halifax...

What should the new government do to support first-time buyers?

September, 2024

Peter Hawley, director of SOWN looks at the urgent need for more support for first-time buyers and how the government should address this. During the recent general election campaign,...

Pressure on renters starts to ease as rents fall

September, 2024

Rents have been rising faster than earnings for three years but there are clear signs that the recent boom in rents for new lets is coming to an end. Welcome news for under pressure renters...

Property industry reacts to latest UK house price data

September, 2024

Property professionals have welcomed the latest UK house price data – a key indication that the outlook for the housing market appears to be improving. The average price of a home...

Housing transactions stay steady in July: HMRC

September, 2024

The number of housing transactions made in July this year dipped marginally by 1% to 90,630 this July according to the latest figures from HMRC. Despite this slight decrease, this...

“People more interested in packing suitcases than boxes”, as house prices fall in August

September, 2024

House prices fell by 0.2% in August – while they’re still 3% below the all-time peak of the summer of 2022, Nationwide’s house price index has revealed. The average...

The home renovation choices that will lower your property's value

August, 2024

J3 Advisory's Jack Bristow explores the renovations and home adjustments that can lower the value of your home and its market desirability. Removing the bath “Many property...

When is the most popular day to move house this year?

August, 2024

According to analysis by HomeOwners Alliance & reallymoving, more than 20k house moves will occur on the 30th August – this is four times the daily average. Over the last...

Simple hacks to enlarge your living space

August, 2024

Often, it can feel like we have to compromise on space to find a home in the most desirable locations. Here are our top tips to make the most of your space: Keep your home tidy This may seem...

Government launches taskforce to accelerate housebuilding

August, 2024

The government is hoping that hundreds of thousands of new homes stuck in the planning system or partially built will be accelerated to completion as part of its bid to address the housing crisis...

Paragon reveals more buy-to-let properties are bought in partnership than by solo landlords

August, 2024

According to Paragon’s ‘The Next Generation Landlord’ Report, nearly three quarters of buy-to-let (BTL) properties purchased in 2023 were made by a landlord aged 49 or...

Government’s 2030 EPC C target deemed “impossible”

August, 2024

The government’s aim of achieving an Energy Performance Certificate (EPC) rating of C across all rental stock is unattainable, 95% of people say. That’s according to a poll...

London parks push up house prices by over 50%

August, 2024

Homes located near some of London’s most cherished parks are commanding substantial price premiums, new research from Foxtons shows. On average, properties adjacent to London’s...

Top UK locations for late summer getaways

August, 2024

There are so many amazing countries to visit around the world, and the United Kingdom is one of them. As it gets closer to the end of summer in the UK, it creates the best time to travel and...

Top 10 locations for first-time buyers in the UK revealed

August, 2024

Barratt House’s latest survey of 500 first-time buyers aged 21-34 explores what factors influence the decision to buy in a specific location, such as property prices, local transport,...

Falling mortgage rates slow exodus of first-time buyers leaving London

August, 2024

While first-time buyers stay closer to the capital, upsizers move further away. In the first half of 2024, Londoners purchased 33,130 homes outside the capital, slightly below the...

Sharp rise in rental homes being sold as landlords flee buy-to-let sector

August, 2024

Landlords continue to flee the private rented sector with many actively looking to cut the size of their buy-to-let portfolios, leaving thousands of renters looking for somewhere new to live....

Second homes

August, 2024

Households in England own 4.3 million second homes, according to the 2022/23 English Housing Survey, up from 3.3 million a year earlier. Second properties can be owned or rented. The...

Not a numbers game: keeping landlords in the market

August, 2024

Is a fair and thriving rental market simply a matter of housebuilding numbers? Or could boosting landlord confidence play a part too? Data from the Office of National Statistics...

Renters more likely than homeowners to adjust energy use habits – Rightmove

August, 2024

The increasing price of energy in recent years means that renters and homeowners are likely having to closely consider their total monthly outgoings when choosing their next home, according to...

Buying a home 'more stressful' than selling, homeowners say

August, 2024

Property advisor platform First in the Door has revealed research, commissioned with YouGov, exploring UK buyers' attitudes to the ups and downs of buying a home in the UK. The results...

UK house prices ‘on track’ to rise this year

August, 2024

UK house prices remain on track to edge higher this year, according to Knight Frank, as a mortgage pricing war and expectations of another Bank of England interest rate cut in the final quarter of...

JONATHAN ROLANDE: Why building more homes isn’t enough to fix our broken property market

August, 2024

EVER since Rishi Sunak stood in the rain and effectively announced he’d soon be moving house, Labour have been saying the same thing about its approach to the property crisis. ...

Even the Bank of Mum and Dad has a gender pay gap - research

August, 2024

Almost two-thirds of first-time buyers have got on the property ladder using help from the Bank of Mum and Dad but there appears to be a gender bias. Zoopla has researched the extent of family...

From deskside to beachside: how remote work change prompts a reimagining of land values

August, 2024

The value of a real estate asset is closely associated with the economic value created by the activities that are done there. These activities, like the buildings that house them, are often...

Seven reasons buy-to-let investments can fail – and how to avoid them

August, 2024

Emma Wells is managing director of lettings in the North at Leaders Romans Group The financial success of your buy-to-let depends on the investment making a profit, and both the property...

Five postcodes that offer huge yields for under £100k investment

August, 2024

Where can landlords get the best yields for a smaller investment? Inventory Base has undertaken research revealing the five UK postcodes where buy-to-let investors can get the best yield with...

UK rental growth slows to 33-month low – Zoopla

August, 2024

Rental growth has slowed to its lowest level for 33 months, the latest market analysis from Zoopla has revealed. Demand for rental homes has fallen by 39% over the past year with the rental...

Mortgage rates fall

August, 2024

Mortgage rates are now at their lowest level since March 2024. Average two- and five-year fixed rate deals fell monthly by 0.18% and 0.15% respectively, ending five consecutive months of rises....

Buyers opt for better transport links over roomier homes

August, 2024

New research from Market Financial Solutions (MFS) has shown that, in a post-pandemic market, homebuyers are increasingly looking for better transport links - while the square footage of homes...

Moving in the UK is slower than other major nations

August, 2024

The UK has the slowest home moving timeline among 12 global nations, research from Moverly has revealed. It takes an average of 179 days to go from listing to completion in the UK, compared...

No region in England achieving property asking prices

August, 2024

The average percentage of asking price achieved in a home sale in England stands at 97%. No postcode area in England currently achieves property sales above asking price, with the...

Chancellor should help landlords meet EPC targets says lender

August, 2024

A mortgage lender wants Chancellor Rachel Reeves to use her October Budget to offer support to beleaguered landlords - especially over energy efficiency improvements. Skipton Group -...

Big rise in mortgage options for holiday let landlords

August, 2024

The choice of holiday let deals is on the rise. According to analysis by Moneyfactscompare the mortgage choices for borrowers looking at holiday lets have increased to 445 options, up...

Why does the UK have the slowest property transactions?

August, 2024

Moverly has analysed the average time it takes to sell a home in 12 countries, countries that UK citizens often choose to emigrate to - with the figures showing the UK is 70% slower than the...

The top 10 locations best meeting the needs of first-time buyers

August, 2024

First-time buyers shared their top priorities, including property prices, local transport routes, school Ofsted ratings and annual salary growth. Buying your first new home is a big...

Downsizers freeing up 'over 340k bedrooms' a year

August, 2024

Data from Quickmove Properties has shown that people moving to smaller homes is adding 343,000 bedrooms back onto the UK housing market per year. Quickmove Properties has estimated how...

Homebuyers reveal top red flags when viewing a property

August, 2024

Mould and damp are the biggest property red flags, according to 49% of Brits. To understand what the biggest property red flags are, Gaffsy surveyed 2,001 Brits to reveal what would put...

August ‘could prove pivotal’ in property market turnaround

August, 2024

August 2024 could go down as a pivotal month for the property market, according to Knight Frank. Reacting to the latest Rightmove house price index, which has reported an upturn in market...

Interest rate cut spurred further upturn in market activity – Rightmove

August, 2024

The first Bank of England rate cut for four years at the start of the month has helped to accelerate mortgage rate drops and contributed significantly to improved buyer demand, according to...

Make your student let stand out

August, 2024

When student towns and cities are a hive of hustle and bustle with plenty of students finding their homes for the term ahead, how do you make your property standout? Here are some tips to guide...

Sustained high rent rises trigger warnings to government

August, 2024

Average UK private rents increased by 8.6% in the 12 months to July 2024 according to official government figures, unchanged from in the 12 months to June 2024. Average rents increased to...

The time it takes to find a buyer rises but completion times reduce

August, 2024

Despite strong demand, it is now taking longer to get a sale agreed throughout every UK region compared to this time last year. The number of days to find a buyer has increased across...

Slowly but surely: The housing market is turning a corner

August, 2024

Yann Murciano, CEO at BLEND looks at how, despite the currently slow pace of the housing market, momentum is continuing to build following last month's cut in the base rate. Summer...

When is it best to buy - when prices are rising or falling?

August, 2024

Kevin Shaw, National Sales Managing Director at Leaders Romans Group explores when the 'ideal' time to buy a home is depending on your circumstances. As a general principle, the best...

UK house prices hold steady as rents remain at near-record levels

August, 2024

House prices in the UK recorded an annual increase of 2.7% in June 2024, according to the latest figures from the Office for National Statistics (ONS). On a monthly basis, prices edged...

Gloucester the fastest moving rental market, while Middlesborough lags

August, 2024

Prospective tenants in Gloucester have to move the quickest as the average property was let within 14 days of being advertised last month, according to research. The analysis also shows the...

Yorkshire found to dominate Britain’s current property investment hotspots

August, 2024

Three Yorkshire cities have provided the best property investment returns in the years since interest rates started to rise in December 2021. In December 2021, the Bank of England tried...

The path to growth

August, 2024

The government has committed to economic growth as its top political priority and it has placed housing delivery at the heart of its growth strategy. Economic growth is hard to achieve...

Areas where homes sell fastest – and slowest – revealed

August, 2024

The latest research from OnTheMarket has revealed the country’s fastest and slowest paced markets, naming buyers and sellers in Plymouth the quickest movers, with the waterfront city...

The five-figure repairs to strike fear into the heart of landlords

August, 2024

Landlords face carrying out repair and maintenance work an average of 72 times throughout ownership of a buy-to-let property, according to new research, with the cost sometimes exceeding...

Transform your home for entertaining this summer

August, 2024

Summer is the most socially invigorating season; pub gardens open up for business, the kids are off school and the weather is primed for barbeques. Whether you’re prepping for fire-pit...

Boost for buyers as mortgage rate cuts continue – how long will it last?

August, 2024

NatWest and Santander are the latest mortgage lenders to unveil rate cuts. The lenders have revealed lower mortgage pricing from this morning following a trend of reductions since the Bank of...

Rental yields hit 10-year high as landlords brace for market shifts

August, 2024

Average rental yields have reached a 10-year high of 6.3%, and 82% of landlords describe tenant demand as strong, according to the Q2 2024 Landlord Trends report, conducted by Pegasus Insight on...

Transform your garden for outdoor entertaining

August, 2024

Now that the sun has finally appeared, it's the perfect time to ramp up your outdoor space for entertaining. From creating a homely living space outside to producing the perfect al fresco...

Buyers ignore most important features when viewing homes

August, 2024

A new analysis of buyers’ actions during viewings suggests many effectively ignore the truly important features, and are instead distracted by items which are not even part of the property....

Landlords will struggle to meet 2030 EPC targets, research finds

August, 2024

At the current pace of energy efficiency improvements, it will take landlords another 18 years to bring all privately rented homes in England and Wales up to an Energy Performance Certificate...

Rental value growth falls in prime London as Labour plan reforms

August, 2024

Just as the prospect of tax rises in the Budget is causing uncertainty in the prime London sales market, Labour’s revival of the Renters Reform Bill is doing the same thing in the lettings...

Finding a rental property this summer

August, 2024

With so many properties on the market and many online listings available to rent, it’s super easy to find the perfect property once you have identified your needs and desires in a home....

Rental market continues to move at pace through summer

August, 2024

Nicky Stevenson, Managing Director of Fine & Country, looks at what has been happening recently in today's highly competitive rental market. While the pace of rental growth has...

Landlords worried about new government’s effect on the rental market

August, 2024

Four in five (79%) landlords don’t think the new government’s housing policies will improve the rental market, a poll from SpareRoom has revealed. As of July 2024, only 19%...

Positive survey points to momentum building in market – analyst

August, 2024

The latest RICS survey shows momentum is building across the housing market, according to one analyst, as the findings were well-received across the property and financial industries....

Rental yields soar to 10-year high

August, 2024

Rental yields reported by landlords have reached their highest level since 2014, according to the latest PRS Trends Report from Paragon. Landlords generated average rental yields of...

RICS: Further rent rises in store

August, 2024

Rents will continue rising thanks to increased demand combined with dwindling interest from landlords, the RICS UK Residential Survey has found. An +18% net balance of surveyors saw tenant...

Halifax: UK house prices rise by 0.8% in July – reaction

August, 2024

UK house prices rose by 0.8% in July, and ongoing reductions in mortgage rates are likely to support continued growth throughout the rest of the year, according to Halifax. The average house...

Summer rentals: How to make your rental property stand out

August, 2024

As a landlord, you will be pleased that the lettings market is performing well, however, there is always room for improvement. One way of optimising your investment and making it both more...

Summer interior design trends

August, 2024

With lighter evenings and calmer days in full swing, the time has come to step away from moody tones and heavy fabrics and welcome new summer interior trends. Inspire yourself with these fresh...

20,000 home moves expected on the UK's most popular moving day

August, 2024

Four times more households than average are expected to move on the busiest day for removal companies this year. Analysis of more than 650,000 removal quotes found August has been the...

UK house prices up by 0.8% in July: Halifax

August, 2024

The price of a typical home in the UK edged up by +0.8% in July, following three months of little movement, according to the latest data from Halifax. The latest Halifax House Price...

A class act

August, 2024

The government announced plans to impose VAT on private school fees to fund improvements in public education. The current exemption from value-added tax (VAT) will be removed to fund 6,500...

Rental properties must reach an EPC of C by 2030

August, 2024

Landlords must bring their properties up to a minimum Energy Performance Certificate bank of C by 2030, Labour has confirmed. Miatta Fahnbulleh, energy security and net zero minister,...

UK housing market optimism boosted by interest rate cut

August, 2024

The recent interest rate cut by the Bank of England has set the stage for renewed optimism in the UK housing market. After years of economic uncertainty, the Bank’s decision to...

Zoopla reveals fastest-selling property type in England and Wales

August, 2024

Two-bedroom terraced homes emerged as the fastest-selling property type in England and Wales between April and June 2024, according to Zoopla data, with an average time to agree a sale of just 27...

England’s top city for residential investment revealed

August, 2024

Manchester has been named as the highest-ranking city in England for residential investment, according to Colliers’ latest edition of its UK’s Top UK Residential Investment Cities...

Market expects more home moves

August, 2024

One third of homeowners plan to move house over the next 12 months due to rising confidence in the UK property market, research from self storage provider Ready Steady Store has revealed. ...

Election has sparked move interest among homeowners

August, 2024

An Opinium poll of 2,000 UK home owners has found that 16% are more likely to consider moving house following the general election. London emerged as the region where sentiment was...

Over a third of all London homes currently for sale have reduced their asking prices

August, 2024

Kensington and Chelsea is the London borough home to the highest proportion of homes currently for sale that have reduced prices. The latest market insight from London lettings and...

Prices up but Propertymark also charts fall in other key metrics

August, 2024

The average UK house price increased by £3,453 to £285,201 in May 2024, according to the latest housing insight report from Propertymark. The report, based on responses to a...

Bank of England cuts base rate: the property industry reacts

August, 2024

Following the news that the Bank of England's Monetary Policy Committee have voted to lower the base rate by 0.25% - marking the first reduction in rate since the start of the...

Bank of England rate cut hailed as ‘new chapter for housing market’

August, 2024

The Bank of England has reduced interest rates for the first time since the onset of the Covid pandemic, a move hailed by one financial expert “starting a new chapter for the housing...

Interest rate cut: agents prepare for busy Autumn

August, 2024

Estate agents are braced for a busy Autumn selling season after the first interest rate cut since March 2020. The Bank of England reduced the base rate from 5.25% to 5%, which estate agents...

Nationwide: house prices rise at fastest rate in 18 months

August, 2024

UK house prices have increased at the fastest rate in 18 months, although high mortgage rates still pose challenges for many prospective buyers, according to Nationwide. The building...

Bank’s interest rate cut in narrow vote

August, 2024

The Bank of England decided to cut the base interest rate today by 0.25% from 5.25% to 5%. The Bank of England chose to cut the base interest rate today 0.25% from its...

Marginal decrease in residential transactions, HMRC figures reveal

August, 2024

HMRC figures for seasonally adjusted residential transactions in June 2024 showed a marginal month-on-month decrease for the first time since December 2023, falling by less than 1% from 91,880 in...

House price growth accelerates to 18-month high: Nationwide

August, 2024

Despite the growth, prices are still around 2.8% below the record highs recorded in the summer of 2022. UK house prices increased by 0.3% month on month in July, resulting in a pickup...

Sandbanks revealed as Britain's most expensive coastal area: Rightmove

August, 2024

Average asking prices of over £1.5m have propelled the much sought-after coastal location beyond the reach of most house hunters. New analysis from Rightmove shows that Sandbanks...

How to prepare your home for viewings this summer

August, 2024

Summer lends itself perfectly to property viewings and to preparing your home. Here’s how to make your property as appealing as you can to set the scene for potential buyers and create those...

Rate of housebuilding must accelerate

July, 2024

The government has made clear its commitment to getting new homes built to address the housing crisis and surveys show that growing numbers of people are on-side with the idea of new...

Labour ups housebuilding target to 370,000

July, 2024

The Labour Party has increased the annual housebuilding target from its manifesto pledge of 300,000 to 370,000. This would bring the number of homes delivered to 1.85 million in five...

Rental prices surge past £1,400 barrier for first time

July, 2024

Rental market records are continuing to break with average costs surging upward during July, according to new Goodlord data. The average cost of a property in England is now...

Home mover numbers up by 10% in H1

July, 2024

During the first six months of the year, the number of home moves recorded saw a rise of 10% with Greater London seeing the largest increase, according to new data released by Lloyds. ...

Flats found to be the best buy-to-let investment in the current market

July, 2024

Falling prices and strong rental growth have seen flats rise to the top of the table when it comes to the best returns on offer to buy-to-let investors. The latest market analysis by...

First-time buyers moving to places they’ve never been

July, 2024

Two thirds (67%) of recent first-time buyers bought a home in a neighbourhood they have never been before, suggesting buyers are making more compromises to get on the ladder. Five years...

Why summer is a good time to sell your home

July, 2024

Selling property in the summer season will always remain a smart move, as the warm season offers several advantages that can help you secure a great sale. When selling your home, timing...

Agent survey suggests lack of post-election market bounce

July, 2024

A post-election boost in the housing market has yet to materialise following Labour’s landslide victory, according to the latest property market insight from GetAgent. The...

UK house prices expected to see 2% growth by the end of the year: Zoopla

July, 2024

Zoopla's latest data reveals that housing supply is up by 16% with buyers continuing to pay close to asking prices. The housing market is continuing to adjust to 4%+ mortgages with...

43% of landlords believe Labour will be “good for landlords”

July, 2024

Finbri’s 2024 Landlord Report found that 43% of UK landlords were optimistic that Labour’s victory in the 2024 general election will benefit them. However, the report also found that...

Government urged to maintain first-time buyer Stamp Duty relief

July, 2024

The Government is being urged to keep the first-time buyer Stamp Duty relief threshold at its current level. Labour signalled before it won the General Election that it would lower the...

Breaking the grass ceiling: The importance of access to outdoor space and nature

July, 2024

New research reveals a third of families have no outdoor play areas or nature spaces within safe walking distance of where they live. Over 5 million parents in the UK say their children...

All you need to know about renting your home as a holiday let

July, 2024

Renting out a home as a holiday let is a great way to boost your income. Before you choose to take this leap, it is critical that you understand the relevant rules and regulations. Discover the...

Fall-throughs at lowest levels since Q3 2021

July, 2024

Despite lower fall-through levels being good news for those keen to move, the reasons behind the failed sales suggest caution prevails in the market. The percentage of property sales...

Renters reveal top ‘deal-breakers’ when looking for rental property

July, 2024

Barclays Property Insights data shows that the cost of rent and mortgages stabilised considerably in June, increasing by just 1.5% year-on-year – the slowest rate of growth since March 2023....

Demand for prime property in London climbs during Q2

July, 2024

The increase in demand reverses the downward trend seen so far this year The latest Prime London Demand Index by London lettings and estate agent, Benham and Reeves, has revealed that...

Housing Secretary drops “levelling up gimmick”

July, 2024

The Government has dropped the previous Tory Party’s levelling up slogan. Deputy Prime Minister and Housing Secretary Angela Rayner confirmed the move yesterday, revealing a new name for...

Interest rates should be held again in August, says rate-setter

July, 2024

Interest rates should be held again when the Bank of England’s Monetary Policy Committee (MPC) next meet in August rather than be cut for the first time in more than four years, a key...

Index shows growth but house price below last year’s level

July, 2024

The latest e.surv index shows that house prices in England and Wales are, on average, still some 1.6% below the level of this time last year. It says the average house price now at...

Oxford the most expensive place to rent alone

July, 2024

Solo renters in Oxford have to fork out £1,050 for a one-bedroom home, ranking it as the most expensive area to rent in the UK outside of London, analysis from Hiatt Hardware shows. ...

Buyers 'keen to go green' for better mortgage rates

July, 2024

One in five prospective homebuyers intend on making their home more energy efficient in the hope of a more favourable mortgage deal 22% of prospective homebuyers plan to make their...

Chancellor puts housing at the heart of a new era for economic growth

July, 2024

The new chancellor yesterday vowed to take immediate action to fix the foundations of the economy, rebuild Britain and make every part of the country better off. In her first speech as...

Rental demand edges up during Q2

July, 2024

Despite the increase, demand is still off the pace set last year. The latest research by Zero Deposit has revealed that tenant demand for rental homes climbed by +1.5% between Q1 and Q2...

The race to rent

July, 2024

With peak rental season underway, homes to rent continue to be in high demand and are renting quickly. The median time on the market from listing to finding a renter is just 12 days meaning...

Labour Government needs 'less chopping and changing' on housing

July, 2024

Property professionals have called for cross-party support and stability when it comes to housing policy under the new Labour Government after the new Cabinet and ministerial team was confirmed....

The fate of Section 21 – the industry responds to Labour government’s impact on landlords

July, 2024

With the 2024 General Election now decided and Keir Starmer’s Labour party announced as the next British government, all eyes in the property industry are on what’s next for the...

New housing minister named

July, 2024

Matthew Pennycook has been appointed Labour’s housing minister, after prime minister Keir Starmer finalised his cabinet over the weekend, making a series of government appointments soon...

Angela Rayner named Secretary of State responsible for housing

July, 2024

Angela Rayner has been appointed Secretary of State for Levelling Up, Housing and Communities. Rayner, who took over the shadow Housing Secretary role last autumn shadowing Michael...

Property industry reacts to new UK house price data

July, 2024

UK house prices remained flat in June, with the average price of a residential property dipping by 0.2% on a monthly basis, according to the latest Halifax House Price Index. The annual rate of...

UK house prices remain stable in June: Halifax HPI

July, 2024

The steepest rate of house price inflation was found in the North West. Average UK house prices held steady in June, down by just -0.2% on a monthly basis, with the typical UK home now...

Labour landslide – industry reaction

July, 2024

Labour has won a landslide victory in the general election after winning more than 400 seats – significantly more than the 326 seats required to form a majority. Sir Kier Starmer said the...

Transform your bathroom on a budget

July, 2024

Are you looking to transform your bathroom? Here are some inspirational tips to give your bathroom a makeover without breaking the bank: Consider recaulking and repainting instead of...

Demand for homes sees 'significant' climb during Q2

July, 2024

Northumberland has seen the biggest rise in homebuyer demand over the last quarter New market analysis by GetAgent has revealed that buyer demand levels climbed significantly between...

Buyers keen on improving the energy efficiency of their properties

July, 2024

Four in five (81%) prospective buyers plan to make green energy upgrades to their properties, research from Mortgage Advice Bureau has revealed. The main reason (58%) is wanting to...

Rental yields up across all regions of England and Wales

July, 2024

All regions in England and Wales have shown an increase in yearly rental yields, according to the latest Fleet Mortgages’ rental barometer. The latest iteration of its Buy-to-Let Rental...

Anyone for tennis?

July, 2024

As the 137th Wimbledon Championship gets underway, those inspired to recreate their favourite match moments at home will find a choice of 1,050 homes currently available to buy across the...

Where are London's most tempting neighbourhoods?

July, 2024

Some areas of the capital are particularly effective at luring buyers away from their original destination of choice. Foxtons analysed internal data looking at the number of homes sold...

England’s most active housing markets

July, 2024

Four of the five most active local authorities are found within London. New analysis from Yopa looked at the total number of completed residential transactions over the last five years...

Rents hit record high as analysis shows 120,000 rental homes needed

July, 2024

The latest snapshot of the rental market from the UK’s biggest property website Rightmove, reveals that average advertised rents for tenants outside of London have reached a new record of...

General Election: UK voters shifting from Tories to Labour on housing

July, 2024

The Conservatives are set to lose nearly half of homeowner votes on Thursday, latest polling from national estate agency Jackson-Stops reveals. In 2019’s General Election,...

How to spot an overpriced property

July, 2024

You may have found an ideal property, and you can feel yourself falling for it but there is a niggling question at the back of your mind, and you ask yourself - Is this property priced...

Huge numbers of empty homes discovered as rental supply falls

July, 2024

An insurance firm’s analysis of official figures show there are now no fewer than 760,821 vacant properties in England, Scotland and Wales. Rank Area...

June sees average rents climb by 4%

July, 2024

Rents have grown by 6.7% % in the year to June as the summer surge begins. Rents continued their upward trajectory in June according to the latest figures from Goodlord. The average...

How will the UK general election impact the property and financial markets?

July, 2024

With the UK general election approaching on Thursday 4th July 2024, we look to a panel of industry experts to determine what the impact could be on the property and financial markets: Property...

UK house prices edge higher in June – Property industry reaction to Nationwide HPI

July, 2024

The Nationwide House Price Index for June (and Q2 regional) has just been released. It shows that UK house prices edged up 1.5% in June compared with a year ago, after taking account of...

House hunters happy to pay substantial premium for 'smart homes'

July, 2024

New research from Samsung found that 79% of people who are either looking to rent or buy new homes in the next five years want a smart home. Samsung has released the latest data...

House price growth edges up in June: Nationwide

July, 2024

UK house prices are up by 1.5% in June compared with a year ago. The latest housing market analysis from Nationwide has revealed broadly stable conditions ahead of a widely expected...

Coastal house price growth outpacing wider national areas

June, 2024

Coastal hotspots have seen annual house price growth of 4.2% in the past 12 months, bucking the wider national trend that has seen British property values stagnate. New research from...

7 reasons why your property isn’t selling

June, 2024

Open Property Group highlights the seven most common reasons that could explain why a home isn’t selling and how these issues can best be addressed. There are numerous reasons why...

Property industry reacts to Zoopla House Price Index

June, 2024

Zoopla estimates that UK house prices are ‘overvalued’ by 8%, but are set to return to fair value by the end of 2024 – with house prices also likely to edge up by 1.5% by this...

UK house prices ‘8% over-valued’, says Zoopla

June, 2024

UK house prices are currently 8% over-valued – but this phenomenon should be over by the end of 2024, Zoopla said in its house price index. This is because rising incomes and...

FTB activity surges to 20-year high in London

June, 2024

The capital’s first-time buyers accounted for over a fifth of the total FTB market activity seen throughout the year. The latest research from London lettings and estate agents,...

Boost for buyers as mortgage lenders start cutting rates again

June, 2024

Major lenders have started cutting their mortgage pricing in anticipation of an interest rate cut in the coming months. The Bank of England may have held the base rate last week but with...

Sharp rise in the number of new homes listed for sale

June, 2024

There has been a significant increase in new housing stock as sellers look to get ahead of post-election market rush, new research shows. Fresh market insight from up-front information...

Who, How and Why of HMO investors

June, 2024

Around half of HMO (house in multiple occupation) landlords surveyed said that they use their property or portfolio as their sole source of income. Despite the challenges of managing HMOs,...

Renters ‘may be put off buying by over-strict mortgage regulation’

June, 2024

Mortgage industry research on affordability estimates that the cumulative shortfall in first-time buyer numbers since the financial crisis reached 3.1m by the end of 2023. Despite strong...

Majority of UK homes need green upgrades: Rightmove

June, 2024

At least 18 million homes have an EPC rating of a D or below and need to be improved, according to new analysis from Rightmove. New research from Rightmove has highlighted the urgent...

What are the biggest noise pollution put offs when house hunting?

June, 2024

A new survey has revealed that as many as 80%of house hunters are searching for a home that allows them to sit outside without being disturbed by any external noise The survey of recent...

How do interest rates affect the property market?

June, 2024

Why is the interest rate so important for the property market and homeowners? The fact is that there are only a handful of people who can purchase a property with cash. Most homeowners and...

Homebuyers frustrated at frequency of mortgage rate fluctuations

June, 2024

Buyers and sellers had to process a series of different numbers starting with five last week. The crucial number was 5.7%. That was the annual rise in services inflation reported last...

Soaring rents help make London eighth most expensive global city

June, 2024

Surging rents, inflationary pressures and the cost-of-living crisis has seen London move up the rankings as one of the most expensive cities to live and work, new research shows. London is now...

Top tips to speed up the sale of your property

June, 2024

Digital property pack provider, Moverly, shares their top tips for selling and moving home quickly. After a relatively quiet spring, the UK housing market is poised for a summer of...

Rightmove: 'New government must support buyers as mortgage payments soar'

June, 2024

The average first-time buyer mortgage payment has risen by 61% since the previous election year of 2019, research suggests. Analysis by Rightmove shows that over the past five years, the...

Holiday Cottage Investment still paying off - new figures

June, 2024

Northumberland is fast becoming a very profitable hotspot in the UK to own a holiday let, according to a new report from Sykes Holiday Cottages. With more than five locations in the region...

Interest rates held again: estate agents react

June, 2024

Interest rates were held for the sixth consecutive Monetary Policy Committee (MPC) meeting yesterday, as agents expressed hope of a cut in the coming months. It comes as inflation hit the Bank...

Overwhelming majority of UK home sellers want improvements made to the selling process

June, 2024

A huge majority also believes that the government is putting too much focus on cost-saving housing initiatives. Home Sale Pack has surveyed 1,039 UK home sellers to gauge their opinion...

Prepare your home for summer

June, 2024

Summer; the season of sunshine. Your home becomes a sanctuary of relaxation and enjoyment in the warmer weather. Here are some of our top tips on how to help prepare you and your home for the...

UK house prices increase as recovery gathers pace – industry reactions

June, 2024

UK house prices increased for their second consecutive month in April, latest official figures show, as the housing market continues to show signs of recovery as the economy improves. The...

Spring bounce? Average house price rises for second consecutive month

June, 2024

Average UK house prices rose for a second month in a row during April, Land Registry data shows. The latest Land Registry House Price Index puts the provisional estimate for annual...

Summer solstice

June, 2024

The summer solstice marks the longest day of the year and is celebrated around the world. This year, in the northern hemisphere, it will fall on the 20th June at 21: 51 BST. The longest day...

Give your apartment a summer makeover

June, 2024

Summer always makes you feel more alive. Early mornings and brighter, longer days add to the beauty of your surroundings. Go a step further by dialling your home into the summer season. Little...

Inflation set to hit 2% target - will interest rates be cut?

June, 2024

The latest inflation figures this morning are expected to show that the cost of living measure has slowed to the Bank of England’s 2% target. This may give estate agents a boost as it...

Agents join call for Radical Reform of "inaccurate" EPCs

June, 2024

Letting agents’ trade body Propertymark has backed a call by consumer group Which? for radical reforms to Energy Performance Certificates. Yesterday we reported that Which? slammed...

Property listings surge by 36% in London's lettings market: Foxtons

June, 2024

Applicant demand in May saw a month-on-month increase of 20% compared to April. An increase in property listings is helping to create a more normalised market which is a welcome relief...

LonRes: Half of prime properties sold this year had price reduction

June, 2024

Almost half of properties sold in prime central London (PCL) this year had a price reduction, research suggests. The latest data from LonRes for May suggested the PCL market is currently...

Making hay while the sun shines: Agents are taking advantage of longer days to complete deals

June, 2024

A large proportion of estate agents are managing to get more deals over the line thanks to longer daylight hours. A survey of the nation’s estate agents, commissioned by GetAgent,...

Get on your bike with Agents Giving this October

June, 2024

The industry charity is aiming to raise £10,000 for The Trussell Trust with this year's Great British Property Cycle. The Great British Property Cycle is back in October this year...

It’s about more than manifestos – interest rates hold the key to housing

June, 2024

The manifestos are out from the major political parties. As it’s Euro’s season, a quick word search shows a ‘score draw’ on the number of times key housing terms like...

Renting remains more cost-effective than buying with a 5% deposit: Hamptons

June, 2024

New analysis from Hamptons shows that low-deposit mortgage guarantee schemes are struggling to help renters become homeowners when interest rates are high. Would-be buyers with...

UK housing market returns to its pre-pandemic size

June, 2024

The UK housing market returned to its pre-pandemic size in the year to March 2024, fresh analysis from Savills shows. Overall, the total value of the UK housing market contracted by 21% in the...

Property industry reacts to Rightmove House Price Index

June, 2024

Asking prices for homes coming to the market were flat this month, as the housing market continued to cool, the latest data from Rightmove shows. The property portal said the average asking...

House prices hold steady as market maintains momentum: Rightmove

June, 2024

House prices in June are sticking to predictable seasonal trends and have remained largely flat over the month. The latest market analysis from Rightmove has revealed that the price of...

Danger - Housing Market at risk of Chronic Over-Supply Until Rates Fall

June, 2024

There’s a growing supply-demand imbalance in the sales market according to the prominent industry asking price index, Home. It says despite greater market optimism, spurred by...

Demand for sustainable rental properties soars

June, 2024

92% of property investors have received requests from tenants for some form of sustainable feature in the past 12 months, according to new insight from Handelsbanken. Data from...

Mortgage delays and property chains blamed for most gazumping cases

June, 2024

Homebuyers are being gazumped due to lengthy property chains and delays in getting a mortgage, new research from Market Financial Solutions has revealed, with many experiencing financial losses...

Rural property hotspots continue to outpace cities for house price growth

June, 2024

There is a clear split between England’s rural and urban areas when it comes to the price performance over the past 12 months, with the countryside very much outperforming the city. ...

Housing market confidence ‘beginning to dip’ in lead-up to election

June, 2024

Confidence in the UK’s housing market is beginning to ebb despite a markedly improving outlook over the last few months, the latest residential market survey from the Royal Institution of...

The Guild London Summer Market Report

June, 2024

Momentum is building The property market continues its steady recovery. As momentum builds, buyer demand,transaction levels and prices are rising. All eyes are on the Bank of England...

New tenancies in summer

June, 2024

As many start to think about the end of term and summer holidays, letting agents are gearing up for a busy few months. Around a third of all new tenancies for the year will start in the next 3...

Market activity holding steady ahead of General Election

June, 2024

The General Election is unlikely to reverse the market momentum that has been building in recent months. On 22nd May, Rishi Sunak announced that there would be a general election on...

Your ultimate guide to renting in the city

June, 2024

The rental market can be difficult to understand, especially when you're looking to rent in the city. With many diverse cultures, architectural wonders, and beautiful bustling streets, a concrete...

Permanent £425k stamp duty threshold would mostly aid southerners

June, 2024

First-time buyers in the South of England who buy costlier properties would be the real winners if the minimum stamp duty threshold of £425,000 was made permanent, Zoopla analysis shows....

Sunak vows to maintain first-time buyer Stamp Duty exemption

June, 2024

The Conservatives appear to have abandoned plans to reverse Stamp Duty thresholds for first-time buyers if the party returns to power after the General Election. The first-time buyer Stamp Duty...

House prices edge down – industry reactions

June, 2024

UK house prices edged down by 0.1% in May from April, Halifax said on Friday. In the 12 months to May, residential property prices rose by 1.5%, which is faster than the average forecast in the...

Labour to launch Help to Buy-style ‘Freedom to Buy’ scheme

June, 2024

The Labour Party plans to bring forward a permanent version of the Help to Buy mortgage guarantee scheme – dubbed Freedom to Buy. The mortgage guarantee scheme is currently set...

Agents respond to Zoopla’s latest housing data

June, 2024

Agents have shared their thoughts on Zoopla’s latest Rental Price Index, revealing that overall, rents went up 6.6% in year to April – the lowest for two and a half years. Rents...

What’s the outlook for the rental market for the rest of 2024?

June, 2024

The rental market is on track for a slowdown in rental growth to 5% in 2024. This is being driven by changes in demand and affordability, rather than any expansion in supply which should be a key...

Average UK house prices remain stable in May: Halifax

June, 2024

UK house prices have paused in the lead-up to next month's General Election, down just -0.1% on a monthly basis. The latest data released by Halifax this morning has revealed that the...

Buyer demand and supply surges amid brightening economic outlook

June, 2024

Momentum continues to build across the property market, with the hope of an imminent interest rate cut helping to drive buyer demand. Nicky Stevenson, Managing Director of Fine &...

The lack of housing discussion in TV leaders’ debate ‘really disappointing’

June, 2024

Rishi Sunak and Keir Starmer went head to head in the first leadership debate of the general election campaign on Tuesday night, with an hour of trading blows on live TV. With the Conservatives...

Gearing up for world bicycle day

June, 2024

Cycling is good for our health and wellbeing and, because it is one of the most sustainable modes of transport, it's good for the planet too. That's why we mark World Bicycle Day every June, to...

Housing market sees ‘flurry of activity’ as home buyers and sellers return

June, 2024

There was a notable increase in prospective purchasers, sales instructions and agreed deals in in April as the housing market saw a “flurry of activity”, according to Propertymark....

The UK areas where house prices are falling the most

June, 2024

House prices have fallen across almost half of UK local authority districts in the past year, according to Open Property Group's latest data. Open Property Group's topline analysis of...

Will housing finally get a mention in first General Election debate?

June, 2024

Political parties have been pretty quiet on housing policy during the General Election campaign and industry groups are hopeful that tonight’s first TV election debate will put the issue on...

High EPC ratings push up house prices – but by how much?

June, 2024

Vendors could boost the value of their property by around £13,000 on average by improving its energy efficiency, research suggests. Research by financial website Morningstar has found...

More landlords planning to buy properties, survey shows

June, 2024

Landlord demand remains as strong as ever, as nearly half target buying more property in the next 12 months, Landbay’s landlord survey has revealed. Some 44% intend to buy, up...

Majority of estate agents are predicting a summer rate cut to boost buyer activity levels

June, 2024

85% of agents surveyed believe that higher mortgage rates are keeping market activity down The latest market insight by estate agent comparison site, GetAgent.co.uk, has found that the...

How to know when it’s time to sell your home

June, 2024

Whenever you decide to sell your home, you need to make sure you and your property are ready. There is no ‘best time’ to sell a property; just whenever you feel it’s time to part...

Rents heat up ahead of the summer

June, 2024

Rents rose to seven-month high of £1,183 in May, rising by 6.4% year-on-year, Goodlord’s Rental Index has revealed. The average rent is up by 1.4% during May alone. William...

TPFG acquires Fine & Country and The Guild

June, 2024

Fine & Country and The Guild of Property Professionals have been revealed as the next acquisition for The Property Franchise Group (TPFG). A deal worth £15m was confirmed this morning...

The prime London markets driving second home market activity

June, 2024

Stamp Duty data covering 2022/23 revealed that almost half of all residential purchases across Westminster were for second homes. The latest research from London lettings and estate...

Opportunity knocks for record number of Guild Members at The ESTAS 2024

May, 2024

The Guild of Property Professionals has once again shown the strength of their network with 100 Members being crowned winners in the Best in Postcode Award 2024 , all going on to be...

House prices tend to rise after elections

May, 2024

House prices have risen by an average of 4.6% in the 12 months after UK General Elections, research by Compare My Move has revealed. On average, house prices rise by 1.1% more under a...

Property industry reacts to Nationwide House Price Index

May, 2024

UK house prices rebounded in May, nudging up by 0.4% on the month compared to a drop of -0.4% in April despite ongoing affordability pressures for buyers. Annual house price growth was more...

House price growth accelerates in May: Nationwide

May, 2024

Annual house price growth has shown a 'modest' rebound in May, rising to 1.3% from 0.6% in April, according to this morning's data release by Nationwide. The UK housing market continues...

The Guild launches new video series for agents on learning platform

May, 2024

The Guild of Property Professionals has announced the addition of a new series of videos for agents to its online learning platform. The learning platform serves as a central hub for Guild...

Buyers still prefer people rather than robots for mortgage advice

May, 2024

Mortgage borrowers still prefer the human touch when applying for a home loan despite the rising popularity of artificial intelligence, research suggests. A survey of homebuyers found 68% would...

Property industry reacts to Zoopla House Price Index

May, 2024

The north and south divide in annual house price growth continues with modest falls across Southern England, while the supply of homes for sale is up 20% year-on-year . This split in...

Available for sale stock climbs to highest levels in eight years: Zoopla

May, 2024

The current supply of homes for sale is 20% higher than this time last year, with £230bn worth of housing for sale - a £45bn rise on this time last year. The latest market...

Detached homes lead the way

May, 2024

House prices rose by 1.8% in the year to March. House prices grew by 1.8% in the year to March, back in positive territory for the first time since last August – and stronger than at any...

Buyers and sellers undeterred by general election

May, 2024

The vast majority of people planning to buy or sell a home soon are going forward with their plans despite the general election set to take place in just over a month, a survey found. Research...

General Election unlikely to stall property market recovery

May, 2024

Historical analysis has revealed that house prices climb by an average of 5.4% in post-election years. Since the 1980s, house prices have climbed by an average of 5.4% in the year that...

Property industry reacts after leasehold reforms become law

May, 2024

Homeowners will now receive more rights, power and protections over their homes under the Leasehold and Freehold Reform Act, although plans to remove ground rent for existing leaseholders or cap...

'A muted win' – leasehold reform bill passes

May, 2024

The Leasehold and Freehold Reform Bill was the final piece of legislation to pass before Parliament closed ahead of the General Election on July 4. It has been described as a “muted...

House prices in prime central London now expected to see a 1% decline this year: Knight Frank

May, 2024

Tom Bill, head of UK residential research at Knight Frank, explains how increasing uncertainty ahead of the General Election has seen a reduction in the near-term forecast for prime central...

Revealed: The British cities with the busiest housing market activity

May, 2024

While the average estate agent across Britain is listing 15 properties for sale, this measure of current market activity ranges between 10 to 25 from one major city to the next. The...

Locations close to a Crossrail station continue to outperform their wider local markets

May, 2024

Crossrail is proving to be the silver bullet against an otherwise sluggish London market, according to new analysis. Benham and Reeves' latest research has shown that while the wider...

Tips to invest in a holiday home

May, 2024

Having a magical home hidden away from the hustle and bustle of your everyday life is a great asset to own. Not only will you benefit from being able to relax and having a place to get away from...

Renters reforms to be shelved due to election

May, 2024

The government’s long-awaited Renters (Reform) Bill looks set to be shelved after Rishi Sunak called a surprise July general election on Wednesday. The prime minister would not guarantee...

Leasehold and Freehold Reform Bill could become law today

May, 2024

The proposed leasehold reforms, championed by the housing secretary Michael Gove, could still become law today. Legislation is currently being rushed through as Friday is the last day MPs will...

General Election date set – will the property market pause?

May, 2024

Prime Minister Rishi Sunak yesterday confirmed a date for the General Election. Voters will go the polls on 4 July, meaning the General Election campaign and installation of a new Government...

Industry reacts to latest ONS property price and rent data

May, 2024

The latest figures from the Office for National Statistics (ONS) show average UK house prices increased 1.8% to £283,000 in the 12 months to March 2024. This was up from a...

House prices edge up by 0.7% in March: UK HPI

May, 2024

The average UK house price was £283,000 in March 2024 - £5,000 higher than 12 months ago, according to the latest UK HPI data. Average UK house price annual inflation stood...

General Election: Most letting agents ‘undecided’ as 4th July named by Sunak

May, 2024

New poll of both agents and landlords reveals a majority of the three million people involved in the sector have yet to pick a side. Letting agents and landlords are a clear target for...

Which areas of England boast the biggest gardens?

May, 2024

Over 90% of homes come with a garden in the East Midlands, the highest concentration of garden stock in England. New market insight from Home Sale Pack reveals which parts of England...

Most expensive coastal location named as prices drop

May, 2024

Home buyers face paying up to £1m for top coastal properties although prices have dropped since 2022, research suggests. Research by Lloyds Bank has found that Salcombe in Devon has...

Terraced homes found to be the 'most in demand' property type

May, 2024

Current market conditions have signalled an end to the 'race for space', according to Yopa. The latest research by Yopa reveals that terraced homes are currently the most in-demand...

Sales price snakes and ladders

May, 2024

The average asking price of homes being listed for sale on Rightmove has climbed by 0.8% in the last month, to a new high of £375,131. The top-of-the-ladder sector is driving price...

Experts put dampeners on interest rate cut as inflation falls less than expected

May, 2024

Headline inflation tumbled to 2.3% in the 12 months to April – the lowest level since July 2021– as the cost-of-living crisis begins to subside. The rate of inflation...

Bank of England on course for interest rate cut, suggests deputy governor

May, 2024

All eyes will be on the hotly anticipated inflation data tomorrow that will reveal how close the rate of rising prices is near to the Bank of England’s official target. Mortgage holders,...

First-time buyers take centre stage when it comes to moving home

May, 2024

The latest data from reallymoving shows first-time buyer activity is dominating the property market while downsizing is currently in decline. Mortgage rates may be creeping up again, but...

Top 20 new builds for sale

May, 2024

New builds, with their sleek modern finishes and eco-friendly features, are amongst the most coveted property types in the UK. If you’re looking for a brand-new home and a contemporary...

Property investors looking beyond the capital for the next opportunity

May, 2024

Almost two-thirds of property investors surveyed by Handelsbanken plan to grow their portfolio over the next twelve months with the majority setting their sights on the East of England. ...

Property industry reacts to Rightmove House Price Index

May, 2024

The average asking price of property coming to the market has hit a near record-high this month, the latest figures from Rightmove show, but the market remains price-sensitive. The...

'Pent-up demand' sees asking prices driven to new record: Rightmove

May, 2024

The top-of-the-ladder sector is still leading price growth, with average prices up by 1.3% compared with last year. The average price of property coming to the market for sale has risen...

OnTheMarket: Buyer’s market has shifted to level playing field

May, 2024

A level playing field has emerged between buyers and sellers as purchasers have become less certain of their position, OnTheMarket (OTM) claims. The portal’s latest Property Sentiment...

Vast majority of landlords to complete EPC work in 2024

May, 2024

Despite the government's decision to scrap the proposed EPC legislation targets for rental properties set for 2025, landlords are still prioritising EPC rating improvements. ...

Inflation set to fall to 2% target

May, 2024

The inflation rate is expected to drop to 2% in the second quarter of 2024 in next week’s figures, finally reaching the Bank of England’s target. Despite this positivity,...

House prices continue to edge up as stock levels surge: Home

May, 2024

Steadily rising mortgage costs have negatively impacted the market rebound, according to the latest market analysis from Home. Earlier this year, the market factored in a cut in the...

Fairer Private Renting

May, 2024

The Renters (Reform) Bill is one of the most significant pieces of legislation for private renters and landlords in the past 30 years. At the end of April, it went through its third reading in...

Can your garden add value to your property?

May, 2024

Homeowners place as much importance on the garden as any room in the house so the more love you give your garden, the more value you will add to your property. And if you are thinking of selling,...

50% of tenant moves due to landlord sales: PayProp

May, 2024

A new survey from PayProp has revealed that half of tenants vacating a property last year had to do so because their landlord wanted to sell their property. In the latest Rental...

London driving UK rental growth with 'staggering' increases

May, 2024

The capital's landlords are benefitting from double-digit increases in rents, outdoing every other region of Great Britain. London rents increased by 11.2% between March 2023 and 2024,...

Top tips to speed up the conveyancing process

May, 2024

The complex nature of the conveyancing process often results in significant delays. Home Sale Pack has highlighted eight essential tips that will help home sellers overcome the biggest...

Period properties over twice as expensive to maintain

May, 2024

While period properties are saught after, the cost of managing elements like the roof, brickwork, garden and leaning chimneys makes them twice as expensive as a modern home, research from Zoopla...

Seasonal trends on a budget

May, 2024

When attempting to prepare your property for a new season, it can sometimes come at a costly expense. We are here to introduce you to budget-friendly ideas on how to embrace the current season in...

Section 21s could still be issued after Renters (Reform) Bill goes through

May, 2024

Landlords with periodic tenancies would still be able to issue a Section 21 eviction once the Renters (Reform) Bill is implemented, according to analysis from letting platform Goodlord and Dutton...

Mortgage rate increases gain pace

May, 2024

Average mortgage rates on the overall two- and five-year fixed rate deals gained pace compared to the month prior, recording the biggest month-on-month jump since March 2024, the latest Moneyfacts...

Chancellor Jeremy Hunt urges BoE not to cut interest rates too quickly

May, 2024

Jeremy Hunt has urged the Bank of England not to cut interest rates too quickly after governor Andrew Bailey last week appeared to entertain the idea of cutting borrowing costs. The chancellor...

Varying property market performance shows benefits of local agents - report

May, 2024

Local property market performances vary from 12% gains to price reductions of as much as 24% since the pandemic house price peak in September 2022, research suggests. Agent comparison website...

Fewer tenants in rent arrears

May, 2024

There has been a notable drop in the volume of tenants facing rent arrears, according to Propertymark. The professional body for estate and lettings agents surveyed its members and found...

Revealed: The UK's most sought-after period property style

May, 2024

Period homes continue to capture the attention of house hunters, with demand fuelled by the success of TV shows such as Downton Abbey, Bridgerton, and The Tudors. New data from...

House price reductions falls to an 18-month low as sales pick-up

May, 2024

Hamptons’ latest market metrics show that the average home in Great Britain that went under offer in April had been on the market for 50 days. This is one day longer than the same time...

Chain-free properties command 3.9% premium – research

May, 2024

Chain-free homes are commanding an asking price premium of 3.9% compared with other homes, rising to a premium of 7.2% in one Yorkshire city, research suggests. Upfront information provider...

Renters are increasingly looking further afield to set up home

May, 2024

Abbey Wood, Crystal Palace & Woolwich are among London’s up-and-coming hotspots. A new analysis from flatshare site, SpareRoom, has revealed the up-and-coming London rental...

RICS: Agency stock rises to three-year high but sales are facing short-term slump

May, 2024

Agency stock has hit a three-year high but sales expectations have dipped as hopes of an imminent interest rate cut fade, research suggests. The latest Royal Institution of Chartered Surveyors'...

Cash is king

May, 2024

There is a strong presence of cash buyers in the market. 35% of sales in Great Britain are currently cash, compared to 30% the same month the year before. The proportion of cash buyers has...

UK rents rise for fourth consecutive month

May, 2024

Rents have risen by 1.6% in one month, the fourth consecutive increase, the HomeLet Rental Index has revealed. Across the country, rent has increased by 7.9% in the last year alone, and...

Areas where house prices are beating inflation are on the decline

May, 2024

Fewer areas of the UK property market are home to inflation-busting house price growth, despite a significant drop in inflation. The latest market analysis by specialist property...

House prices rise as activity and demand improve – industry reaction

May, 2024

House prices in April 2024 were 1.1% higher than the same month a year earlier, according to the latest Halifax House Price Index. The April HPI reveals that the average house price now stands...

UK house prices continue to tread water in April: Halifax

May, 2024

The latest figures from Halifax show that the housing market is still finding its feet in a sea of higher interest rates. This morning's figures from Halifax have revealed that average...

Rental supply continuing to build across prime London postcodes

May, 2024

Rental value growth in prime London postcodes has narrowed to levels last seen in the summer of 2021. Average rents in prime central London grew by 4.9% in the year to April, while...

London’s rental shortage eases with stock up by a third year-on-year

May, 2024

There has been a significant increase in the number of rental properties available in London, new figures show. The volume of rental homes on the market is up 34.7% in Greater London, while...

Average rental yields increase for third successive quarter to hit six-year high

May, 2024

The highest yields of 7.0% have been achieved by landlords in the North East and also those with HMOs. The average gross rental yield reported by landlords has reached the highest level since...

Property market sees encouraging signs of recovery during Spring

May, 2024

As the UK property market navigates through the spring season, leading indicators are showing promising signs of recovery. Nicky Stevenson, Managing Director of Fine & Country,...

April rents up nearly 6% year-on-year

May, 2024

Average rental prices per property now stand at £1,166 per month, according to the latest data released by Goodlord. The latest Rental Index from Goodlord has shown that, compared...

Top tips to give your garden a makeover in time for summer

May, 2024

You know summer’s drawing closer when the flowers are in full bloom and the sun is shining through the kitchen window, flooding the house with sunlight. With the sun and...

Revealed: The capital's current house buyer hotspots

May, 2024

London has seen the number of buyer enquiries being made per month rise significantly this year. The latest market insight from London lettings and sales estate agent, Foxtons, has...

It's time for terraced homes

May, 2024

Terraced houses are the property type selling the quickest across the UK, at an average of just 56 days, followed closely by semi-detached houses at 58 days. Flats are taking an average of...

Rental stock availability up 12.1% since last year

May, 2024

London has seen the largest boost to the number of homes available to prospective tenants. London lettings and estate agent, Benham and Reeves, analysed rental market stock availability...

UK mortgage approvals hit 18-month high – industry reactions

May, 2024

Mortgage approvals increased in March to their highest level since Liz Truss’s mini-budget left the property market in chaos in 2022. Fresh data from the Bank of England shows that 61,300...

House price growth eases to 0.6% in April amid rising mortgage costs: Nationwide

May, 2024

Nationwide's latest analysis has revealed that continuing cost of living pressures are holding first-time buyers back. UK house prices fell 0.4% month on month in April, with annual...

Property industry reacts to Nationwide House Price Index

May, 2024

UK house prices fell 0.4% month-on-month in April, according to new data from Nationwide. The annual rate of change slowed to 0.6%, from 1.6% in March, the figures also show....

Rents 5.7% higher than last year

May, 2024

April rents are up by 5.7% year-on-year – driven by a strong increase in the South West, the Rental Index from Goodlord has found. The price per property over the last month was...

Best in Postcode

April, 2024

Drivers & Norris wins Best in Postcode Award for Customer Service Drivers & Norris has been recognised for delivering outstanding customer service to its clients by winning a...

Average advertised rents hit new record high of £1,291 pcm: Rightmove

April, 2024

Despite the pace of rental growth continuing to ease, newly marketed rental properties outside of the capital have seen average advertised rents hit a 17th consecutive record. The...

Prices to drop substantially West Midlands, London and Yorkshire

April, 2024

House prices are predicted to fall significantly in three regions of the UK, analysis by peer-to-peer real estate investment platform easyMoney has revealed. It’s expected...

Demand for smaller homes driving house price growth: Halifax

April, 2024

The 'race for space' is over, according to Halifax who say that rising demand for smaller homes has helped to drive growth in UK property prices in the early months of this year. Newly...

Stamp Duty surcharge continuing to impact buy-to-let investment in the South

April, 2024

The number of buy-to-let homes purchased in Southern England has fallen to a record low, according to new data from Paragon. The proportion of buy-to-let properties purchased in...

Property industry reacts to Zoopla House Price Index

April, 2024

UK house prices appear to offer room for growth as the number of agreed sales grew 12% in the four weeks to 21 April compared to the same period last year. According to the latest Zoopla House...

Sales volumes boom despite interest rates soaring - new Zoopla figures

April, 2024

UK house prices may be broadly static but sales volumes are up 12% year on year according to Zoopla data out this morning. House price inflation is unchanged from last month - down 0.2% on...

Stock supply soars - Zoopla and Rightmove data under the spotlight

April, 2024

An analysis of Rightmove data shows that sale stock levels were up 9.2% across England during the first quarter of 2024, compared with the same period of last year. The figures show that...

East Midlands and Greater London the UK’s fastest growing regions

April, 2024

Between now and 2040 the population in Greater London and the East Midlands is projected to rise the most, each anticipating 12% growth, planning and development consultancy Marrons has said....

Renters (Reform) Bill voted through, but S21 continues to divide the industry

April, 2024

Wednesday saw MPs vote in favour of the long-awaited Bill despite there still being no clear sign of any movement surrounding Section 21. The government's Renters (Reform) Bill passed...

Reeling in a rental home

April, 2024

65% of properties placed on the rental market are being snapped up by renters within a week of being listed, with 15% being let within just three days, according to the latest Dataloft poll of...

Industry responds to next phase and reading of the Renters (Reform) Bill

April, 2024

The Renters (Reform) Bill has returned to the House of Commons today, with Levelling Up Minister Jacob Young arguing the legislation will provide unprecedented protections for renters via the...

Close proximity to an amenities hotspot can add thousands onto the value of your home

April, 2024

New data analysis has revealed just how much a short walk to a town centre can help boost the value of your home by. New research from Yopa analysed house price data for homes currently...

Seven of the best kitchens on the market

April, 2024

The kitchen is the heart of the home. With the capacity to entertain and bring happiness to those who live there, it’s a place where family and friends can make everlasting happy memories...

Mortgage lending falls sharply by 28.6% during the past year

April, 2024

New analysis suggests that seasonal housing market trends should bring a welcome boost to mortgage lending totals over the coming months. Specialist property lenders, Octane Capital,...

Top 10 most affordable places for first-time buyers

April, 2024

Aberdeen is the cheapest city to be a first-time buyer, fresh analysis from Rightmove reveals. The average asking price for a typical first-time buyer type property – deemed by Rightmove...

Where are the UK's current top 10 coastal property investment locations?

April, 2024

A new data study from Pikl Insurance has revealed that there are still plenty of profitable areas across the UK for those looking to take the leap. Despite recent fears that property...

First Time Buyer aged 67 shows affordability issue worsening

April, 2024

New data from one of Britain’s largest mortgage lenders shows that nearly one in five first-time buyers are now aged 40 or over - and sometimes a lot over. The oldest customer helped by...

Which property types are currently selling the fastest?

April, 2024

New analysis has revealed how Scotland is continuing to dominate the UK property market. Detached homes in Wales are the slowest property types to sell across the UK and take an average...

Homes for sale at five-year high, says Zoopla

April, 2024

The supply of homes for sale has hit a five year high with 20% more homes on the market versus last year, new day data from Zoopla has revealed. Compared to spring 2022, the property websites...

Spring staycation destinations?

April, 2024

Spring is the perfect time to hit ‘reset’ and take a mini-break to somewhere scenic. Whether you're looking for an English beach or a hiking adventure, we have chosen lots of...

Average cost of running a home sees 14% rise in five years

April, 2024

The analysis of ONS data has revealed an £863 per year surge in the cost of owning and running a home in the UK. The latest analysis from finance experts, RIFT, has revealed that...

Property industry reacts to Rightmove House Price Index

April, 2024

The average asking price of property coming to the market has hit a near record-high this month, the latest figures from Rightmove show, but the market remains price-sensitive. There are more...

Annual house price growth rises to 12-month high of 1.7%: Rightmove

April, 2024

Asking prices are inching closer to a new record following a strong start to the year for larger homes. The average price of new homes entering the market has risen by a 'substantial'...

Blooming lovely: top spring gardens

April, 2024

Spring has arrived, and as flowers bloom, temperatures rise and nature returns, the focus is turning to gardens. In celebration of this invigorating season, we’ve scoured the country...

Property market optimism underpinned by encouraging listings data

April, 2024

New data from Landmark Information Group shows that the stronger listings seen during Q1 this year are painting a positive picture for the summer. Landmark’s newly released Q1...

Four ways to improve your home’s EPC rating

April, 2024

Christopher McFadden is an EPC expert and energy assessor 1. Add an insulating jacket to your hot water tank: If you get your hot water from a tank, you might want to consider...

Average rents hit another record high

April, 2024

UK private rents increased by an average of 9.2% in the year to March 2024, the latest government figures revealed yesterday, which was the largest increase since 2015. The data from the Office...

Latest UK house price data – industry reaction

April, 2024

Residential property prices remain marginally lower than they were a year ago, according to the latest figures from the Office for National Statistics. The ONS revealed on Thursday that...

Average UK house prices show further recovery in February: UK HPI

April, 2024

February's figures, released this morning by ONS and the Land Registry, have revealed that house prices climbed by 0.4% between January and February 2024. Albeit slightly historic, the...

A homebuyer's guide to navigating changing mortgage rates

April, 2024

Mortgage interest rates are falling, which is good news, but fluctuations in the recent past can feel a bit unsettling. So, let’s take a look at some of the things you can do to help...

Post-pandemic tenancy lengths are rising

April, 2024

Average tenancy length in England and Wales has increased by 218 days during last four years, according to newly released data from The DPS Renters are typically staying in their...

Running a rent comparison

April, 2024

The 44th London Marathon is taking place on Sunday 21st April. Around 50,000 people are expected to take part in the 26.2 mile trek around the capital. The elite men’s and...

House price growth cools for second consecutive quarter

April, 2024

Buyers and sellers are coming to terms with the new normal of higher mortgage rates, according to Benham and Reeves. The latest Property Market Index Review by London lettings and...

London named Europe’s most resilient city

April, 2024

London has been named the top ranked city in Europe, and only comes behind New York and Tokyo globally. The English capital performs particularly strongly on its knowledge economy and tech...

UK rental market sees slowing inflation amidst easing demand

April, 2024

The gap between demand and supply remains significant and continues to shape the market. The UK's rental market is experiencing a slowdown in inflation, according to recent data....

Revealed: The most expensive streets in Britain

April, 2024

London continues to dominate the UK's luxury property market with the top five most expensive streets all found in the capital. The latest market analysis from Rightmove has revealed...

Average time to sell remains static despite regional variations - research

April, 2024

The average time it takes to sell a house from listing to completion has dropped by 0.7% in the past year, new research suggests. Analysis of property sale times shows transaction timelines...

Seasonal spring bounce in UK housing market ‘point to an improving outlook’

April, 2024

There has been a steady improvement in sentiment, with buyer demand and sales expectations going forward seeing a rise in positivity. Meanwhile, stability in house prices has also been reported....

Shining a light on energy-efficient homes

April, 2024

Buyers are increasingly looking for more energy-efficient homes, with 39% of survey respondents noticing greater interest from buyers, an increase from 34% when the same question was asked last...

‘Encouraging’ sign for borrowers as product choice hits 16-year high

April, 2024

Fixed mortgage rates have increased modestly over the past month, with the average two-year fixed rate reaching 5.8%, research from Moneyfacts has found. The Moneyfacts UK Mortgage Trends...

Spring remains vitally important for agent success despite drop in revenue

April, 2024

While spring is statistically the slowest season when it comes to property transactions, it remains a vitally important time for estate agents when it comes to laying the foundations for a...

Halifax: House prices drop on a monthly basis for first time since September 2023

April, 2024

Average house prices fell on a monthly basis for the first time since September 2023 during March as higher mortgage rates weighed on the property market, Halifa data suggests. The latest...

Hiccup in Halifax house price index as March figures dip – industry reaction

April, 2024

The latest Halifax Price Index was published last Friday. It showed that house prices were down 1% in March versus February following five months of consistent growth. However, annually house...

Spring gardening trends

April, 2024

Spring is your chance to set the scene for the year ahead as wintry months disappear and warmer, longer days bring the summer ever closer. Trends exist in the gardening world just as much as...

Top tips to revamp your home for spring

April, 2024

With Spring right around the corner and multiple bank holidays coming up, it’s the perfect time for homeowners to tackle the annual spring clean, especially those looking to put their home...

Growth in homes for sale boosts buyer choice

April, 2024

There are a fifth (20%) more homes available for sale compared to the same time last year, boosting buyer choice. Encouraged by the usual spring bounce and a 9% annual increase in property...

New sellers surge into Easter: Rightmove

April, 2024

Thursday 28th March saw a 45% rise in the number of new sellers coming to market compared to a week earlier, according to Rightmove. Newly released data from Rightmove reveals Thursday...

28% increase in rents since 2020 – Goodlord

April, 2024

The latest Rental Index from Goodlord shows that the cost of rent in March 2024 was 28% higher than in March 2020. Month-on-month, the average price for a rental property held firm...

Energy efficiency, price, and location remain top priorities for landlords

April, 2024

Despite the government rolling back on energy efficiency targets for BTL properties last year, it's still on the radar for a large number of landlords ahead of an investment. 25% of...

Revealed: The best performing markets for rental yields

April, 2024

Research by Lomond , one of the UK’s largest estate and letting agency groups, has revealed the top 10 postcodes that are currently offering the strongest rental yields to buy-to-let...

Buyer demand edges up as market returns to health

April, 2024

The City of London has seen the largest quarterly uplift in demand, according to new research from GetAgent. The latest market analysis by estate agent comparison site, GetAgent.co.uk,...

Nationwide HPI shows house price uptick – Industry reaction

April, 2024

The latest Nationwide House Price Index shows that UK house prices remained largely unchanged on a monthly basis, falling by -0.2% between March and February. Annually, house prices...

Bank of England figures show mortgage lending increasing – Industry comment

April, 2024

The latest ‘Money and Credit’ figures from the Bank of England offer a moderately encouraging picture of mortgage lending in February 2024 even though the volumes still...

Finding a rental property this spring

April, 2024

As the flowers bloom and the evenings brighten, it seems spring is just around the corner. Moving at this time of year allows you to be settled in by summer, and using a letting agent can...

Annual house price growth continues to build in March: Nationwide

April, 2024

Nationwide's latest data shows that house price growth momentum is continuing to build as cost of living pressures finally begin to ease. UK house prices are up by 1.6% compared with a...

Property industry reacts to Zoopla House Price Index

March, 2024

Housing market activity has improved across key measures in the first quarter of 2024, including sales activity, house price growth and the supply of homes for sale, according to Zoopla’s...

Zoopla: Asking price discounts narrow as market mood improves

March, 2024

Asking price discounts have hit their lowest levels since last summer as market activity improves across the board, Zoopla claims. The portal’s latest House Price Index found for March...

Revealed: The UK areas with the biggest house price fluctuations in 2023

March, 2024

Analysis of Land Registry data has revealed a clear geographical divide between the winners and losers of 2023's UK housing market. Researchers at Bird & Co analysed Land Registry...

Scotland remains the fastest place to sell a home: Rightmove

March, 2024

Sellers in Scotland can expect to find a buyer for their home in an average of just 43 days, almost twice as quick as those selling a home in Wales. The latest market analysis from...

Commuter towns experience office booms

March, 2024

Flexible workspaces in former commuter towns such as Maidenhead (+171%), High Wycombe (+158%), Uxbridge (+134%), Milton Keynes (+79%) and Amersham (+76%) have seen some of the largest increases...

Renting now cheaper than owning a first home in nearly all UK regions – Halifax

March, 2024

New Halifax data has been released this morning showing that renting is now cheaper than owning a first home in nearly all UK regions. The latest Halifax Owning vs Renting Review shows that the...

The best agents in the UK? And the winners are…

March, 2024

A number of agents attended the Guild Conference and Awards, held last Friday at the QEII Centre in Westminster, London. Under the theme ‘Sharing Success,’ the full-day conference...

Easter Eggstravaganza

March, 2024

The Easter Bunny is hopping into action this year, dropping off over 80 million easter eggs that are sold in the UK each year. That’s eggquvilent to almost 80 times the number of home...

Housing affordability ratio remains high but are second steppers worse-off?

March, 2024

Housing affordability ratios have fallen back to pre-pandemic levels but remain high, Office for National Statistics (ONS) data shows. The latest figures from the ONS show that in...

Guild Member Drivers & Norris wins overall Agent of the Year for London

March, 2024

Kirill Toursin, of Drivers & Norris, Islington’s exclusive and chosen member of The Guild of Property Professionals, received Silver for Sales and Silver for Lettings in the London...

Revealed! The property hotspots for London leavers

March, 2024

Epsom and Ewell, Epping Forest and Dartford have been named as the top London leaver hotspots as buyers continue to move away from the high prices of the capital, research suggests. Analysis by...

Revealed: The quickest and slowest places to sell a property in the UK

March, 2024

New figures released by Quick Move Now and Home.co.uk have revealed the best and worst places to sell a property in the UK, based on how long properties sit on the market. According to...

Interest rates remain frozen – what does it mean for agent activity?

March, 2024

Interest rates were held for the fifth consecutive time after the latest Bank of England Monetary Policy Committee (MPC) meeting yesterday. The cost of borrowing has now remained at 5.25% since...

Section 21 and fixed-term tenancies remain top concerns for landlords

March, 2024

The removal of Section 21 notices and the end of fixed-term tenancies are the two issues that concern landlords the most, according to a new report issued by Propertymark. ...

Interest rates held at 5.25% for fifth consecutive time: Bank of England

March, 2024

The Bank of England's Monetary Policy Committee voted 8-1 in favour of maintaining the base rate at 5.25%. The bank has chosen to hold interest rates at 5.25% since August 2023. However,...

Majority of prospective homebuyers to 'push ahead' despite disappointing budget

March, 2024

82% of current buyers say that now the Spring Budget has come and gone, they plan to ramp up their search for a new home. A new survey of 1,002 current UK homebuyers has revealed that the UK...

Fall in mortgage rates sees detached homes make a comeback: Rightmove

March, 2024

A town in Somerset has become the new sales hotspot, with the number of sales agreed more than doubling compared to this time last year. The latest data from Rightmove reveals that...

UK house price falls ease off – industry reaction

March, 2024

Average UK house prices decreased 0.6% in the 12 months to January, to £282,000, representing an easing in the pace of decline, fresh data from the Office for National Statistics (ONS)...

Land Registry HPI: Annual house price declines star to slow

March, 2024

Annual house price declines slowed in January and values returned to growth on a monthly basis, Land Registry data shows. The latest Land Registry House Price Index shows average...

Window of opportunity for buyers

March, 2024

The average price of a property coming to market has risen by 1.5%, compared to a historic average uplift of 1% for March and taking it to £368,118 (+£5,279). This marks the...

Volume of SSTCs surge in February

March, 2024

The dramatic rise in demand signals a more robust market and a much-welcome return of optimism for 2024. The number of SSTCs jumped dramatically by 23% in February compared with...

Buyer demand rises as sellers become ‘more realistic’ - research

March, 2024

Buyer demand shot up in February, helped by a surge in ‘realistically priced’ property supply, research suggests. Data from TwentyEA shows the number of listings marked as sold...

Prime London prices fall back to 2014 levels

March, 2024

The average price of sold homes in Prime London dropped by 7.8% annually in February, taking them back to early 2014 levels, research by property analysts LonRes has found. Transactions...

Top tips to attract buyers this spring

March, 2024

Spring is the season of renewal, where potential buyers look for a fresh start in a new home. Here are some top tips on how you can attract buyers this spring to get your dream move started.?...

Property asking prices rise for third consecutive month, says Rightmove

March, 2024

Greater buyer demand has helped push up the average price of newly marketed properties by 1.5%, or £5,279, this month to £368,118, new figures from Rightmove show. The positive...

Half of all sales in the capital are for flats

March, 2024

New analysis has revealed that flats and apartments were the most popular purchase across 24 London boroughs during 2023. The latest research by London lettings and estate agent, Benham...

Seller sentiment improves – OnTheMarket

March, 2024

Seller confidence has improved in anticipation of the traditionally busier Spring market and interest rate cuts in the months ahead, research suggests. OnTheMarket’s latest Property...

Property industry reacts to Rightmove House Price Index

March, 2024

There are growing signs that UK housing market conditions are improving, with the positive start to the year continuing to pave the way for a greater number of home purchases than last year, new...

Stronger buyer demand sees house prices strengthen further: Rightmove

March, 2024

The positive start to the year continues, according to the latest figures from Rightmove, with average prices of newly marketed properties rising by 1.5% this month to £368,118. ...

GUILD Property Market Spring Report

March, 2024

Signs of green shoots are appearing in the property market. More buyers are returning to the market, supported by falling mortgage rates, wage growth outstripping inflation, and a strong labour...

The Sunday Times reveals the best places to live in the UK in 2024

March, 2024

It is that time of year again when The Sunday Times reveals its ‘Best Place to Live in the UK’, which provides a great marketing hook for estate agent and letting agents operating in...

House sales on the rise as an air of cautious optimism sweeps over UK housing market

March, 2024

House sales continue to tick upward as market confidence improves, according to the latest RICS residential survey, released this morning revealing a more positive trend in buyer enquiries and new...

Buy-to-let investor hotspots

March, 2024

Glasgow has topped the list of cities with the biggest increase in the number of buy-to-let properties over the past year, with a 12% rise. Nottingham and Leeds came in second and third place...

Stamp Duty remains one of the biggest obstacles for downsizers

March, 2024

Due to the current level of SDLT, many potential downsizers remain reluctant to move. Stamp Duty continues to be one of the biggest obstacles that prevents homeowners from downsizing...

London accounted for almost half of all homes sold among the UK's major cities during the last year

March, 2024

The capital has remained the busiest city for homebuyers despite poor house price performances over recent years. New analysis from Yopa has highlighted that while the London market may...

House sales increase as green shoots emerge in property

March, 2024

Buyer interest is on the rise once more, signalling the emergence of green shoots in the UK’s housing market. Residential property sales in the first six weeks of 2024 were up 16%...

Property market optimism rising ahead of Spring

March, 2024

New market analysis has revealed encouraging signs of a more buoyant year ahead, driven by increasing home mover activity and a recalibration of market dynamics. As the property market...

Property industry reacts to UK house price data

March, 2024

Residential property prices increased by 0.4% in February, marking the fourth monthly increase in a row, according to the latest Halifax house price index. The data shows that during the month...

The UK cities most on the move

March, 2024

New research has revealed the UK places where residents are most interested in moving home. A new analysis of Google search data covering over 170 terms relating to property portals...

Only one in 10 homes sold at a loss last year - Zoopla

March, 2024

House price growth may have slowed last year but homeowners who sold their property still made an average gain of £74,000 in 2023, Zoopla claims. The portal analysed Land Registry entries...

Average UK house prices see fourth consecutive monthly rise in January: Halifax

March, 2024

UK house prices have seen a positive start to the year with a 1.3% rise in January, according to the latest data released by Halifax. Average house prices rose by 1.3% in January, the...

How the budget may affect the PRS

March, 2024

Neil Cobbold, managing director of PayProp UK, looks at how yesterday's announcements will hit landlords and tenants. Tenant and long-term landlord incentives missing from the ...

Spring Budget disappoints but OBR revises housing forecasts

March, 2024

The Office for Budget Responsibility (OBR) has almost halved its house price forecasts after another relatively quiet fiscal update for the property market. Aside from extra funding for...

Spring Budget 2024

March, 2024

Jeremy Hunt announces in Budget he is scrapping the short-term lets tax regime, and abolishing stamp duty relief on multiple dwellings. Chancellor Jeremy Hunt announced in his Budget...

The rise in female UHNWIs

March, 2024

International Women's Day, celebrated annually on the 8th of March, is a global day celebrating the social, economic, cultural, and political achievements of women. Women make up around 11%...

Which design features will buyers pay the most for?

March, 2024

Property developers can achieve significant price premiums for residential developments by incorporating the most sought-after design features into their architectural plans. New...

Renters Reform Bill threat to student accommodation, say experts

March, 2024

New research suggests that a majority of the British public believe the government should be doing more to support students find housing. The news coincides with the Renters Reform Bill...

Spring Budget: The industry predicts

March, 2024

Chancellor Jeremy Hunt will deliver his 2024 Spring Budget on Wednesday 6 March. It was originally thought he would introduce a 99% loan-to-value mortgage scheme, but recent reports suggest that...

Why 99% mortgages would have cost FTBs in the long run

March, 2024

The Tory mortgage policy was widely expected to be announced in tomorrow's Spring Budget has been scrapped. Good news for first-time buyers, explains Yopa. At first, Britain was told...

UK house prices rise for first time in more than a year – industry reaction

March, 2024

UK house prices in February rose in annual terms for the first time in more than a year, Nationwide said on Friday, providing yet another indication that the housing market is on the road to...

Which locations in Britain have the longest tenure length?

March, 2024

New analysis has revealed where property owners choose long-term ownership over selling. By analysing historic property ownership data from HM Land Registry, Online Mortgage Advisor has...

Revealed! The areas where new-builds are cheaper than second-hand homes

March, 2024

New-build homes may typically command a premium compared with the second-hand market but new research has revealed areas where this isn’t the case. Property portal Zoopla has revealed 30...

Rents rise and voids fall as market bucks usual seasonal trend

March, 2024

There was a further rise in rents and a reduction in void lengths during February, the latest Rental Index from Goodlord shows. According to the data, the average rental cost of a property...

Property transactions hit 11-year low – industry reaction

March, 2024

The latest data from HMRC shows that there were 82,000 residential property transactions completed in January on a seasonally adjusted basis, which was the lowest level for the month since 2013....

House prices see 0.7% rise in February: Nationwide

March, 2024

Annual house price growth has returned to positive territory for the first time in over a year, according to this morning's report from Nationwide. The latest Nationwide data has...

Agents ‘confident’ about housing market despite buyer caution - survey

February, 2024

Around half of agents remain confident about the housing market’s prospects this year, research suggests. A survey of almost 600 estate agents, commissioned by GetAgent.co.uk, found that...

Agency trade body reveals Spring Budget wishlist

February, 2024

Propertymark has added its name to calls for Stamp Duty reform and has also urged lenders to develop more affordable mortgage products to boost the housing market. It comes as ...

Property industry reacts to Zoopla House Price Index

February, 2024

UK buyer demand is up 11% year-on-year, while the number of sales agreed has increased 15% during the same period across all regions and countries of the UK. The figures, provided by...

Market momentum continues to build: Zoopla

February, 2024

Zoopla predicts that the increase in sales market activity is likely to continue with a 10% rise in home sales expected during 2024 against 2023. The latest Zoopla House Price Index...

What are the most valuable road names in England and Wales?

February, 2024

While Road, Close, and Street may be the most common types of road names, they do not command the strongest price from buyers in the current market. The latest research from quick sale...

A quarter of buyers ‘bribed’ seller to secure a purchase - claim

February, 2024

A quarter of homebuyers have attempted to bribe sellers with everything from cash to kindness when trying to secure a property, research suggests. A survey of more than 1,000 homebuyers by...

Garden rooms can add 5%

February, 2024

Spring is around the corner with seven-spot ladybirds, daffodils and snowdrops emerging across the country. Naturally our attention is turning to gardening and planning what to do with our...

Average freehold house prices now command 42% more than leasehold homes

February, 2024

House price premiums commanded by freehold properties have climbed by an average of 6.5% across England and Wales, according to the latest research by London lettings and estate agent, Benham and...

Where are the best UK cities for first time buyers?

February, 2024

Although first-time buyers could be forgiven for focussing on mortgage rates and local house prices, affordability is just one part of the puzzle when deciding where to live. The...

UK housing market offers room for growth as demand improves

February, 2024

The UK housing market is showing signs of improvement despite the recent softening of interest rate cut expectations Strong wage growth is fuelling underlying inflation, and this is pushing...

Lloyds Bank: House prices set for ‘modest fall’

February, 2024

Lloyds Bank is predicting a “more modest” fall in house prices during 2024. The lender had predicted in September that average prices would fall by 2.4% this year but its annual...

Where is currently the UK's best city for buy-to-let investment?

February, 2024

Aldermore’s latest Buy to Let City Tracker has analysed five key indicators to find the best city for landlords to invest in for 2024 Aldermore’s research revealed that this...

Moving house in Northern Ireland: Clogher Valley

July, 2023

The Clogher Valley is a beautiful collection of small villages in Northern Ireland. With excellent commuter links and fantastic amenities, there is so much to explore. Here is our guide to the...

Annual yield increases seen across all regions for second consecutive quarter

July, 2023

Buy-to-let specialist lender, Fleet Mortgages, has revealed that all regions of England and Wales saw an annual increase in rental yields for the second quarter in a row, largely driven by...

Market is cooling but buyers are more committed – claim

July, 2023

Cooling market conditions and the higher cost of borrowing have resulted in one property market silver lining, Moverly claims. The upfront information provider claims the number of homes...

Faltering property transactions and completions amid affordability concerns

July, 2023

Affordability concerns continue to dampen the transaction pipeline, despite strong supply, new figures show. Landmark Information Group’s latest data reveals faltering property...

Agents Giving celebrate outstanding fundraisers at this year's Charity Ball

July, 2023

Sponsored by Callwell and supported by Kamma, the annual Agents Giving Charity Ball was once again hailed a resounding success by all who attended as guests danced the night away in this year's...

Strictly amazing! And the winner is…

July, 2023

The annual Agents Giving Charity Ball, hosted at The Epsom Downs Racecourse last Friday, celebrated the outstanding fundraising efforts of the property industry. The event also showcased the...

Asking rents hit new record high: Rightmove

July, 2023

Despite the annual pace of rent growth easing slightly, average asking rents outside the capital hit a new record this quarter, according to the latest data released by Rightmove. ...

Tenant demand surges ahead of traditional summer peak

July, 2023

Applicant demand rose 19% between May and June this year ahead of peak lettings season, according to new data released by Foxtons. Analysis from Foxtons shows that the spike in...

How to make the most of your city home this summer

July, 2023

Summer has arrived, and while many envision an e scape to exotic destinations, others wouldn’t dream of missing out on spending summer in the city. While urban areas are known for their...

Bank of England still expected to raise interest rates despite cooling inflation

July, 2023

The Bank of England will raise interest rates again next month despite UK inflation cooling, analysts predict UK inflation fell further than expected in June to 7.9%, easing forecasts for how...

Property industry reacts to latest house price data

July, 2023

UK annual house price inflation slowed again in May for the seventh consecutive month, the latest figures revealed. UK house prices ticked up 1.9% in the year to May, down from 3.2% in the 12...

House price growth slips to 1.9% in May: UK HPI

July, 2023

The latest provisional estimates from Land Registry have revealed that average UK house prices increased by 1.9% in the 12 months to May 2023, down from a revised 3.2% in April 2023. ...

Massive drop in lettings supply creates new rent rise record

July, 2023

The average rent on a newly let property in Britain rose to £1,273 pcm in June, a new record according to lettings agency Hamptons. This means that the average rent cost £110 pcm or...

OnTheMarket: Sentiment remains strong despite slower market

July, 2023

Sentiment among movers is proving to be remarkably resilient despite the challenging news in recent months on mortgage rates, inflation, and volatility in house price growth, OnTheMarket (OTM)...

Majority of property professionals say 2024 market conditions will be 'no worse' than this year

July, 2023

Almost three-quarters of property professionals are confident that 2024 market conditions will be on par with those experienced in 2023, according to a poll commissioned by Countrywide Surveying...

Ways to transform your garden shed this summer

July, 2023

The garden shed often serves as a home for your tools and outdoor equipment, but it has the potential to be so much more. With the arrival of summer, now is the perfect time to unleash your...

Demand for garden offices remains strong following pandemic

July, 2023

While searches for ‘garden offices’ in the UK peaked during the height of the pandemic, new data released by L&G has revealed that demand for hybrid working has largely remained,...

It’s Do-or-Die for housing market tomorrow - new warning

July, 2023

The publication of inflation figures by the government tomorrow will be a Do-Or-Die moment for the housing market, it’s been claimed. At 0700 tomorrow the government three sets of...

Just 4% of rental properties currently available to let in London

July, 2023

Tenants in the capital are facing an uphill struggle while trying to secure a new home, with just 4% of London rental homes available as demand continues to eclipse supply. Newly...

Rental market faces new ‘challenges’ as more landlords demand guarantors

July, 2023

There has been a notable increase in the number of tenants being asked to provide a guarantor to secure a rental property, new research has revealed, as lack of supply and inflationary pressures...

London continuing to see high demand for rental properties

July, 2023

Competition remains fierce for rental property in the capital with a 19% month-on-month rise in tenant offers seen in June, according to new data from Chestertons. Data from the...

A quarter of mortgage borrowers ‘struggling’ with repayments – ONS

July, 2023

Almost half of adults who currently pay rent or a mortgage have seen their payments increase over the past six months and many are reporting difficulties, official data shows. Analysis of the...

Property industry reacts to Rightmove House Price Index

July, 2023

The average price of property coming to market fell slightly by 0.2%, or £905 this month, to £371,907, marginally below the 0% norm for this time of year as new sellers temper their...

Buyer demand remains resilient despite 'biting' rate rises: Rightmove

July, 2023

Prices for newly listed properties have fallen by an average of -£905 this month (0.2%) according to the latest data released by Rightmove who report that sellers are responding to rising...

Value of foreign owned homes across England and Wales tops £84bn

July, 2023

Foreign homeowners are estimated to be sitting on £84.2bn worth of property across England and Wales, with all but one of the top 10 most valuable markets for foreign homeownership located...

No evidence that scrapping housing targets will boost housebuilding, MPs warn

July, 2023

MPs have cast doubt on the Government’s ability to achieve its target of 300,000 new homes per year by the mid-2020s in England without mandatory local housing targets. A report from the...

Buyer caution isn’t translating into ‘large price discounts’ (yet)

July, 2023

Properties are taking longer to go under offer but there is no evidence of large discounts on asking prices yet, Hamptons claims. A market update from the agency brand found that despite rising...

Shocking rise in numbers of landlords desperate to sell

July, 2023

A sales agency specialising in disposing of buy to let portfolios says it’s now received an averaged 240 enquires a month from landlords wanting to quit. And the highest percentage of...

RICS: Mortgage rate rises ‘clearly visible’ as property market activity drops

July, 2023

Property market activity has returned to levels last seen in the aftermath of last October’s mini Budget, data from the Royal Institution of Chartered Surveyors (RICS) suggests. As...

Renters Reform Bill delays ‘unsurprising’

July, 2023

It’s not come as a great surprise that the Renters’ Reform Bill is being delayed, according to Michael Cook, group managing director of Leaders Romans Group. The bill has hit...

First finishers price it right

July, 2023

Property prices have moderated and while demand remains across the market, sensible and realistic initial pricing impacts on sales success. Data from Rightmove indicates that properties that...

The nation's most sought-after seaside property locations

July, 2023

New research reveals the nation’s most sought-after seaside property hotspot, with an estimated £914.3m worth of property purchased over the last year. Digital property pack...

Prime London market “subdued” but with cause for optimism - LonRes

July, 2023

LonRes has declared the prime London sales market to be “subdued” entering the second half of 2023. The data consultancy says that in June the prime London sales market record a...

Three quarters of UK homeowners at risk of invalidating their home insurance this summer

July, 2023

Around 9 million or roughly 75% of insured UK homeowners may have accidentally invalidated their home insurance policy since moving in, according to new data. The study of 2,000 UK...

Surge in mortgage rates leaves buyers ‘having to reassess what they can afford’

July, 2023

The average two-year fixed-rate homeowner mortgage rate has soared to levels last seen 15 years ago. According to Moneyfacts, the average two-year fixed mortgage rate is now at 6.66%. This is...

Price reductions rise but sellers aren’t giving up

July, 2023

Agents are facing challenges of rising price reductions but fewer listings are being withdrawn and the level of fall-throughs is dropping, new data suggests. A second quarter market report from...

Renters expand search areas as affordability bites

July, 2023

Annual growth in rental values continues to increase in the traditionally busy summer months, with little sign of an imminent slowdown. This is according to Nicky Stevenson, managing...

Supply shortage continues to drive up rental prices

July, 2023

Prime London’s rental growth has started to slow on an annual basis, according to the latest Savills prime lettings index, but a lack of stock continues to drive up rents, particularly...

FTBs unaware of additional home purchase costs

July, 2023

A lack of knowledge about additional costs when purchasing a new home has seen large numbers of first-time buyers ill-prepared to buy, according to research. New research from The...

Fewer property sales are falling through

July, 2023

More sales are continuing to completion than in the last two years as the market begins to level out, Spectre’s latest Market Report has found. While the rate climbed to 31% in October...

A guide to finding your dream home this summer

July, 2023

Summer is the perfect time to embark on the exciting journey of finding your dream home. With longer days, ideal weather, and a wide selection of properties on the market, you have an excellent...

Agency reveals its buyers’ list of ‘must have’ features

July, 2023

More than half of prospective homebuyers looking for a new location to move to want to be within a 20-minute walk of a public green space or park, according to an agency’s research of 500...

Property industry reacts to another drop in UK house prices

July, 2023

House prices have dropped at their fastest rate in 12 years, according to the Halifax. The High Street lender said on Friday that the annual fall of 2.6% was equal to around £7,500 being...

Raising quality standards for rental properties most sought after policy among homeowners

July, 2023

New research from Market Financial Solutions has revealed the housing market policies most in demand by UK homeowners, with improved standards for rental properties and higher taxes for holiday...

Bank of England could be forced to hike interest rates to 7%, economists warn

July, 2023

The UK base rate could be raised as high as 7% to curb stubbornly high inflation, according to JP Morgan, which said the risks of a hard landing for the economy are also rising. The U.S....

House prices edge down for third consecutive month: Halifax

July, 2023

Average house prices slipped by a further -0.1% in June, sustaining their decline for the third month in a row as the market continues to cool. The price of a typical UK property now costs...

Renters Reform Bill – is the government having ‘second’ thoughts?

July, 2023

More than four years after the Renters Reform Bill was first pledged by Theresa May’s government (April 2019) which at the time was described as a “step change” in protections...

Punnets versus Property

July, 2023

The 136th Wimbledon Championship is underway. The All England Club is set to host around 800 players, 679 matches and over half a million spectators before its conclusion on Sunday 16th July....

Zoopla: House prices aren’t dropping everywhere

July, 2023

More than a third of homes have declined in value over the past six months, Zoopla data shows. It comes despite the total value of the UK’s housing stock hitting £10.7...

House sales return to pre-pandemic levels

July, 2023

Q1 data from Lettings and Estate Agent, JOHNS&CO, has highlighted a recovery in house sales, with new offers rising well above levels seen this time last year. However, the biggest rebound...

Cash is king in prime London, research reveals

July, 2023

Cash purchases have surged in London’s prime markets over the last year, according to JLL research. Using HM Land Registry data, JLL found that 44% of home purchases in the City of...

No end in sight for UK rent rises as London breaks all-time record

July, 2023

June saw average rental prices increase across the UK in all but one region according to the latest data released by HomeLet, with the capital once again hitting an all-time high. ...

Income to house price ratio more than doubles since the 70s

July, 2023

Homebuyers today face some of the toughest financial hurdles in recent memory when it comes to housing affordability - with house prices sitting at 8.8 times the average earnings, according to...

Property sales HALVED this year as transaction crisis mounts

July, 2023

Landlords who may be in the market for buying or selling this year are being warned about a dramatic 54 per cent slump in transactions. Research from lettings and estate agency Barrows and...

Belonging to local communities 'crucial' for wellbeing among homeowners

July, 2023

A sense of belonging to local communities, homes and the workplace is correlated with better physical and mental health according to the findings of a new nationwide study by Get Living. ...

London’s private rental sector slashed - new figures

July, 2023

New research shows a 41 per cent reduction in the number of London properties available for private rent since the Covid-19 pandemic. The analysis – which claims to be the most...

Crossrail losing its appeal among London homebuyers

July, 2023

Crossrail's appeal amongst homebuyers could be diminishing according to the latest research by London lettings and estate agent, Benham and Reeves, who report that Londoners are realising that...

Renters Reform Bill - still no news on progress through Commons

July, 2023

The unexpected slow progress of the Renters Reform Bill through the House of Commons continues. Although the official online documentation about the Bill has now moved from ‘First...

Addressing the 10 most common renting myths

July, 2023

Nick Woodward, lettings director at Essential Living debunks some of the most common myths about renting a home in the UK. With over 8.6 million tenants across the UK, renting remains...

The Relocation Agent Network Awards: And the winners are…

July, 2023

The Relocation Agent Network (RAN) has unveiled the winners of this year’s RAN Awards, which organisers say ‘serves as a celebration of excellence within the real estate...

Transform your home for entertaining this summer

July, 2023

Summer is the most socially invigorating season; pub gardens open up for business, the kids are off school and the weather is primed for barbeques. Whether you’re prepping for fire-pit...

Residential transactions drop to near two-year low

July, 2023

The number of UK residential transactions totalled 74,360 in May, 25% lower than May last year but 10% higher than in April, the latest figures from HMRC show. But on a seasonally adjusted...

Property industry reacts to latest house price data

July, 2023

UK house prices edged up unexpectedly between May and June, but annual prices fell at the fastest rate since 2009 as soaring mortgage costs took a toll on the market, according to Nationwide...

Nationwide: house price growth at -3.5% amidst “toxic” backdrop

July, 2023

House prices fell by 3.5% in the year to June, a situation that one commenter remarked as a “toxic cocktail” thanks to the escalating mortgage rates, Nationwide’s house price...

A guide to selling your home this summer

June, 2023

The summer season brings warm weather, longer days, and the opportunity to attract buyers looking for their dream home. If you’re planning on selling your home this season, use this...

Rents rise for sixth consecutive month as demand hots up

June, 2023

June saw the cost of rent across England rise for the sixth consecutive month, according to Goodlord’s latest Rental Index. During June, voids also dropped steeply, highlighting rising...

House price growth remains stable in June: Nationwide

June, 2023

Annual house price growth remained on an even keel during June with just a slight dip to 3.5% from the 3.4% recorded in May, according to this morning's data released by Nationwide. The...

Property industry reacts to increase in mortgage approvals

June, 2023

The Bank of England released their Money and Credit statistics yesterday, revealing that mortgage approvals rose in May, as borrowing costs skyrocketed Net mortgage approvals for house...

Labour rules out rent controls

June, 2023

The Labour Party has decided to rule out implementing rent controls, nine months after backing the policy. Lisa Nandy, shadow home secretary, said at the Housing 2023 conference: “As...

Over half of professional landlords plan to invest £100k or more on EPC upgrades

June, 2023

Professional landlords have revealed how much they are prepared to invest to keep up with tightening regulations surrounding energy efficiency standards in rental properties. ...

Supply issues easing for London's prime lettings market

June, 2023

Tom Bill, head of UK residential research at Knight Frank, looks at the prime London markets and how opportunities are increasing for renters thanks to ongoing turbulence with mortgages. ...

Vendors turn to auctions amid cooling housing market conditions

June, 2023

There has been a notable increase in the number of home sellers turning to the auction room to combat cooling housing market conditions, according to new research from Moverly. The digital...

Many homes exempt from property tax

June, 2023

In the past year more than 60% of homes in Wales and nearly half (48%) of homes in England (excluding London) bought by home movers have been exempt from property taxation. In Wales more...

Rightmove: ‘Price realistically or face lost sales’

June, 2023

Agents have been urged to price realistically as Rightmove revealed data showing the impact of asking price reductions. Tim Bannister, director of property science for the portal, unveiled...

Vendors facing ‘tough challenge’ amid hike in homes for sale

June, 2023

Sellers should be prepared to adjust their price expectations if they want to sell, it has been claimed- as figures show a 15% increase in the number of homes for sale. There are now some...

Housing slowdown offers buyers greater ‘room for negotiation on price’

June, 2023

There has been a jump in the proportion of sellers – 42% – having to accept discounts of 5% or more off the asking price to achieve a sale – the highest level since 2018,...

Top tips to upgrade your conservatory

June, 2023

The conservatory often becomes the hub of the home over the summer months; perfect for dining, entertaining and basking in the outdoor rays without having to step foot outside. Here are...

Treasury outlines mortgage borrower support but landlords are excluded

June, 2023

The majority of mortgage lenders have committed to showing more flexibility to struggling borrowers but the Government has confirmed that support won’t apply to buy-to-let loans. The...

London's tenants facing an increasingly competitive market ahead of ‘lettings season’

June, 2023

Tenants in the capital are being warned to prepare for a highly competitive property search this summer, with figures revealing a 40% rise in tenants enquiring about rental properties in May...

Location remains the number one selling point of a property

June, 2023

A new survey from NerdWallet UK has confirmed that Brits feel that the old mantra of location, location, location still rings true today and remains the biggest selling point of a property. ...

Fall throughs at their lowest since pre-pandemic boom

June, 2023

The number of property transactions that have collapsed across the UK market has continued to decline during the first quarter of this year, falling to the lowest quarterly level seen since Q1 of...

Capital appreciation still positive in some UK housing markets

June, 2023

The housing market in the UK may be challenging but some areas are bucking the trend. A study by PropTech operator The Valpal Network* has analysed sales valuations in properties across...

Lenders agree to be more flexible with mortgage borrowers

June, 2023

Chancellor Jeremy Hunt has secured promises from banks to be more flexible with mortgage borrowers amid concerns about rising rates. Average mortgage pricing for a two-year deal has passed...

Could the 13th consecutive rate increase be an opportunity for investors?

June, 2023

Many mortgage holders will be reeling following the Bank of England's latest interest rate hike in its ongoing attempt to tackle inflation. And with the new rate of 5% the highest in 15 years,...

Future proofing homeowners: How energy efficiency is replacing aesthetics in our homes

June, 2023

EV charging points and solar panels are the new designer sofas and accent painting according to research from Hive which reveals the extent of the UK's future-proofing revolution. It...

Property industry reacts to Bank of England hiking interest rates to 5%

June, 2023

Economists have warned that Britain is now on course for recession – predicting the bigger-than-expected interest rise by the Bank of England yesterday will hit the economy hard. The...

Fall throughs decline to pre-pandemic levels

June, 2023

The number of property transactions to have failed across the UK continued to decline during Q1 and has now fallen to the lowest quarterly level seen since Q1 of 2019. Research released...

BREAKING: Bank of England raises base rate by 0.5% to 5%

June, 2023

Despite worries that a higher rate will damage the property market, the BoE believes getting inflation under control is more important. The Bank of England (BoE) has raised interest...

Where are the UK's cheapest seaside locations for buyers and renters?

June, 2023

The latest analysis from Rightmove looks at the latest coastal trends and the cheapest locations for both renters and buyers alike. Saltcoats in Ayrshire is the cheapest seaside...

Property industry reacts to latest house price data

June, 2023

The average price of a residential property in the UK was £286,000 in April 2023, up from £285,000 a month earlier. The latest house price data from HM Land Registry, Registers of...

Interest rate hike expected today after UK inflation shock

June, 2023

The Bank of England is widely expected to increase interest rates again today after UK inflation remained much higher than expected for the fourth consecutive month. Inflation, which measures...

The Guild of Property Professionals Celebrates Top Performing Agents

June, 2023

The Guild of Property Professionals proudly recognises the exceptional achievements of its members during its 30th Anniversary celebration and Awards ceremony held in London on 16 June 2023....

Perfect picnicking

June, 2023

The start of British Summer Time, coincides with National Picnic week, a picnic being a great way to spend time outdoors with family and friends. More than 27.6 million homes, the equivalent...

Research reveals best areas for speedy sales

June, 2023

Properties in West London are currently selling quicker than anywhere else in the UK, new research suggests. Analysis by lead generation technology provider The ValPal Network...

Squeeze on UK tenants tightens as rent hikes outpace incomes

June, 2023

Private tenants are now spending more of their wages on rent than at any other point over the last 10 years. According to data provided by Zoopla, the average UK tenant is paying 28.3% of their...

The Guild honours top performing agents

June, 2023

The Guild of Property Professional recognised its top performing members during its 30th Anniversary celebration and awards ceremony held in London on 16 June 2023. The celebration event...

Latest survey reveals that only 1 in 10 landlords are currently planning to expand their portfolios

June, 2023

A new survey of over 2,000 landlords commissioned by the DPS has found that the strategies of buy-to-let landlords are continuing to be strongly influenced by turbulence in the wider...

The Guild Summer Property Market Report

June, 2023

Improved economic outlook is good for the housing market While conditions remain challenging, improved economic forecasts are good news for the housing market. Mortgage approvals...

The features most likely to help you achieve above the asking price for your home

June, 2023

Energy-saving improvements continue to dominate house hunters' list of most-desirable property features, with a vast majority willing to pay above the asking price for 'bigger ticket'...

Mortgage rates surpass 6% in new blow for housing market

June, 2023

Mortgage rates have officially broken the 6% barrier. Average rates for home loans are now back at the level that prompted the resignation of Liz Truss as Prime Minister at the end of last...

Agents and sellers told to ‘price sensitively if they are pricing to sell’

June, 2023

Sellers are being advised to be realistic with their asking price if they want to attract buyers amid a slowing housing market. Some 73% of buyers are confident they would purchase a property...

Supply drought caused by “many years” of anti-landlord reforms - claim

June, 2023

One of the country’s most prominent housing market indices says the current imbalance between supply and demand in the rental sector is the consequence of “many years of landlord...

Property industry reacts to Rightmove House Price Index

June, 2023

The average asking house price dropped in June for the first time this year according to Rightmove, albeit by just £82. It comes as homeowners and would-be buyers continue to be affected...

Rising rates take the bounce of out of spring: Rightmove

June, 2023

We're in for an earlier-than-usual summer slowdown according to the latest figures released by Rightmove, who report that June's new asking prices have fallen for the first time in six...

People losing patience with Bank rate setters

June, 2023

People are losing faith in the Bank of England’s rate-setting committee as it continues to raise interest rates in a bid to curb inflation, a poll shows. The number of people who are...

Warning - house prices to fall much further

June, 2023

House prices are set to fall much further, a leading property expert has predicted. Last week credit ratings agency Moody's warned of a potential 10 per cent price drop over two years and...

EPCs remain a big challenge for UK landlords

June, 2023

Amid the myriad of challenges faced by UK landlords today, one of the toughest remains the need to meet new energy efficiency standards and with only a few years until the 2028 EPC deadline,...

Imbalance of property types among available stock impacting single buyers

June, 2023

With the balance of available housing stock currently tipped in favour of 3-bed homes, anyone looking to either upsize or downsize could struggle, with large numbers of single buyers priced out...

Average weekly rent surpasses £600 in London

June, 2023

New figures today from Foxtons reveals that average weekly rental prices in May have surpassed the peak of 2022, increasing 8% from the previous month. The average weekly rent in London...

Tenants prioritising security and outdoor space

June, 2023

Security features top the list of tenant requirements in the current climate with three in five (60%) saying they desire secure doors/windows and safety features, Uswitch has revealed....

Rents to rise throughout summer - agency’s warning

June, 2023

Lettings chain Fine & Country says rents are likely to steadily rise through the summer. Nicky Stevenson, managing director of Fine & Country, says this is typical for this time of year...

Upfront information reduces fall-throughs by 13% - claim

June, 2023

A property data firm claims to have evidence showing agents who fail to provide upfront information are more likely to suffer fall-throughs. Sprift analysed 1.2m listings between 1 January 2022...

House price to income ratio remains huge obstacle despite rising salaries

June, 2023

Despite the most recent data showing that average UK wages have outpaced house price growth over the last year, house hunters are still facing a huge financial obstacle in the pursuit of their...

Who buys a rental property?

June, 2023

Buy-to-let investors remain an important sector of the market. Close to 30% of agents state that when a rental property is put up for sale the most likely purchaser is an investor. According...

Market dip as rental growth slows in almost every region

June, 2023

The pace of rental growth cooled in May, with the average rent on a newly let home in Britain rising 9.1 per cent year-on-year. According to lettings agency Hamptons this is down from 11.1 per...

Property sales slow as buyer confidence continues to fall

June, 2023

Agreed sales volumes across prime London picked up compared to April’s figure but in a wider context remain low, the latest analysis of the prime London housing market by LonRes reveals....

Section 21 continues to top letting agent concerns

June, 2023

A majority of agents feel unprepared to implement recently announced legislation that will see an end to 'no fault' evictions. A new survey of nearly 700 letting agents from across...

Guild Members Recognised amongst the UK’s Top Agencies for 2023

June, 2023

The Guild of Property Professionals has once again shown the strength of their network with over 80 shortlisted Members at The ESTAS 2023 . The ESTAS honours the...

Bank of England ratesetter: Higher mortgage costs will impact interest rate decision

June, 2023

The Bank of England’s decision on whether to increase interest rates will be influenced by the severity of the latest hike in mortgage costs on households, according to Catherine Mann, who...

Average mortgage rates rise again as they edge closer to 6% for a two-year fixed deal

June, 2023

Average mortgage rates have continued to rise as they near 6% for a two-year fixed deal – while the number of products available has dropped again. The average rate on a new two-year now...

Strong rental prospects in cities tipped for long-term growth

June, 2023

Two cities have been identified as the UK’s highest-growth cities across multiple property sectors over the next 10 years, according to new research by global real estate advisor CBRE. ...

Fewer would-be-tenants flying the nest as rents soar

June, 2023

A growing number of young people are delaying leaving their family home because of sharp growth in rents, fresh data released by Hamptons shows. The research found that the share of renters...

Semi-detached homes selling fastest - claim

June, 2023

Semi-detached houses are currently the fastest-selling type of property in the UK, research suggests. Analysis of 101,126 house sale transactions by home buying firm and auctioneer Property...

Inflated asking prices doubling time it takes to sell a home

June, 2023

‘Cheerleader’ estate agents, who encourage vendors to push up the asking price of their property, more than double the average time it takes to sell the home, according to new research...

Bring Nature Indoors: Your Guide to House Plants

June, 2023

The benefits of surrounding yourself with leafy greens and pretty petals are endless, in fact, research carried out by NASA revealed that house plants can remove up to 87% of air toxins in just 24...

Size of mortgage broker market on the rise

June, 2023

Despite a turbulent finish to 2022, the size of the UK mortgage broker market climbed by 9.6% year on year, research by lender Octane Capital has revealed. The market size of the sector is...

Trooping of the Colour: Pomp premium stands at a staggering 122%

June, 2023

This Saturday will see the Trooping of the Colour taking place to honour the King’s birthday, with over 1,400 taking part in a parade which will move from Buckingham Palace, along The Mall...

Stress found to be preventing over two-fifths of prospective home moves

June, 2023

More of us would move home if it wasn’t the third most stressful thing in life, according to new findings from Moverly. 41% of homeowners would happily move home more often if it...

Are 35 year mortgage terms storing up problems for the future?

June, 2023

One in five first-time buyers taking out mortgages lasting over 35 years A record 19 per cent of first-time buyers took out mortgages lasting at least 35 years in March, according to...

Big increase in ‘good EPC’ buy to let mortgage borrowing

June, 2023

One of the biggest lenders in the rental space - Paragon Bank - recorded a 19 per cent increase in buy-to-let lending during the first half of its financial year. It lent a total of £1.02...

Annual house price growth turns negative for the first time since 2012: Halifax

June, 2023

The annual rate of house price growth fell from +0.1% in April to -1.0% in May, marking the first annual decline in house prices since December 2012, according to Halifax. Annual growth...

I want to ride my bicycle

June, 2023

National Bike Week (5 June – 11 June 2023) celebrates over 12,500 miles of national cycle routes in the UK. On average in England and Wales there are just over 2,200 households per...

Rents rise again as rental market shows ‘no signs of slowing down’

June, 2023

UK rental prices have increased again, with London recording the highest-ever monthly average, new data shows. According to HomeLet, the average UK rental price in May stood at £1,213 per...

Introducing Our Exciting New Chapter: Rebranding Of Reliable Homes To Drivers & Norris - Crouch End Office

June, 2023

Dear Valued Customers, We are thrilled to announce an exciting development for our company. After the successful acquisition of Reliable Homes in 2021, we are delighted to be shortly rebranding...

Demand for smaller homes maintains pricing

June, 2023

Strong demand for smaller properties has maintained the price of one- or two-bedroom homes, analysis from Hamptons shows. Sellers of smaller homes are accepting offers closer to their asking...

Mortgage lenders continue to raise rates and pull deals

June, 2023

The choice of mortgage deals on the market has fallen further in recent days as lenders continue to raise borrowing rates and withdraw products, prompting more borrowers to take out loans...

Average length of time to sell a home hits 10-year high

June, 2023

The average home in Great Britain took 49 days to sell in May, the longest time to sell in any May since 2013, new figures show. While larger homes took considerably longer to sell on average,...

Slowest market areas identified as transactions drop nearly 60%

June, 2023

Almost 77,500 homes have sold across England and Wales so far this year – 58% fewer than the 171,000 sold during the same time period last year. Analysis of Land Registry data by...

London rents hit highest ever monthly average

June, 2023

The cost of remortgaging your home has gone up by a staggering 38% since the 2019 general election, research commissioned by the Liberal Democrats has revealed. The House of Commons Library...

Britain's detached home hotspots

June, 2023

With sales for detached homes outstripping other property types, new research has revealed where demand for space among the nation's upsizers is currently highest. The latest research...

London rents hit highest ever monthly average

June, 2023

Average UK rental prices have now hit £1,213 - up 1.2% from last month’s average of £1,199 PCM, according to the latest rental index data released by HomeLet. ...

Housing market ‘freezes’ as it hits the summer months

June, 2023

The property market appears to have stalled in April and May, with official data showing a dip in house prices and mortgage approvals. The latest Nationwide House Price Index for May suggests...

London's tenants set for a rough ride this summer

June, 2023

London’s summer rental market is predicted to be one of the most challenging on record for renters this year, according to Chestertons who warn that depleted stock levels and an influx of...

Bad news for tenants, as rents continue rise

June, 2023

The cost of renting continued to rise between April and May, as tenants continue to feel the pinch of higher mortgage rates and energy prices, Goodlord’s Rental Index has found. The...

Mortgage approvals and borrowing down in April – BoE

June, 2023

There were 48,690 mortgage approvals in the UK in April 2023, according to the Bank of England – a 5.4% dip on the March figure of 51,488. The April 2023 total represents a...

Community matters

June, 2023

The 1st–7th June is National Volunteers' Week across the UK. It is estimated that over half of all those aged 16+ in England and Wales have volunteered at least once in the past 12...

Base rate apprehension sees house prices slip in May: Nationwide

June, 2023

Average house prices edged down slightly in May, slipping by 0.1% against April's figures according to this morning's data released by Nationwide. Continued uncertainty in the market,...

Study pinpoints area with most affordable starter homes

June, 2023

Bradford is the cheapest city to be a first-time buyer, according to analysis from Rightmove. The research shows the average asking price for a typical first-time buyer type property in...

Latest transaction figures deliver ‘reality check’ for property market

June, 2023

Residential property transactions dropped 8% in April 2023 compared to the previous month, the latest HMRC figures have revealed. Across the UK, there were 82,120 home sales in April,...

Supply & demand builds in London's prime property market

May, 2023

Tom Bill, head of UK residential research at Knight Frank, looks at the capital's prime housing market and how returning confidence amongst buyers and sellers is fuelling stronger activity levels...

Spare Room Ideas: How to Make the Most out of Your Space

May, 2023

Additional bedrooms are a huge selling point in and of themselves; but a stylish and cosy spare room could be just the clinching incentive for buyers looking for a lifestyle upgrade this year. If...

Hundreds of mortgage deals pulled from market as lenders raise rates

May, 2023

The choice of mortgage deals on the market has fallen significantly over the past week, new figures show. On Tuesday 30 May, there were 5,012 fixed and variable rate mortgage products were...

First sign of government U-turn on Renters Reform Bill

May, 2023

Propertymark says it’s spotted what may be the first sign of a U-turn on one aspect of the controversial Renters Reform Bill. Under the current proposals, outlined in the Bill when it was...

Navigating tenant turnover: the biggest house moving headaches for landlords

May, 2023

What are the biggest headaches for landlords? Helpthemove explores the challenges landlords face during tenancy changeover. The private rented sector (PRS) in England is substantial,...

Tenant demand rises for stations further along Elizabeth Line

May, 2023

The biggest increase in demand from renters is near stations furthest out, including Reading, Brentwood and Shenfield. A year on from the Elizabeth Line opening, new Rightmove analysis...

UK property market hotspots revealed

May, 2023

The UK property market has witnessed £250bn worth of property sales over the past year, with the richest local market located north of the Scottish border, according to analysis by Nested....

BBQs vs Boilers: An energy efficient bank holiday weekend?

May, 2023

For many Brits, Bank holidays are all about getting friends and family round to watch you burn sausages in your garden during a downpour. However, as new research from Mortgage Advice Bureau...

Rents up across the UK - new official figures

May, 2023

Rents in England their upward path last month, rising 0.1 per cent to an annual rate of 4.7 per cent according to data from the Office for National Statistics. “The rapid growth within UK...

Data shows desperate need for more rental properties

May, 2023

Propertymark says the number of new prospective tenants registering per member branch rose slightly to 118 in April. This figure is up from the December low of just 64 and is also 24 per...

Property industry reacts to latest house price data

May, 2023

House prices increased 4.1% in the 12 months to March 2023, meaning £11,000 of value was added to the typical home, with the average price of a property stood at £285,000. However,...

Annual house price growth at 4.1% in March: UK HPI

May, 2023

Average UK house price growth eased to 4.1% in the 12 months to March 2023, down from 5.8% in February 2023, according to the latest data released by ONS. The latest data shows that...

Will interest rates rise yet again despite inflation drop?

May, 2023

There’s uncertainty over whether the latest inflation figure - showing an annualised drop from 10.1 per cent last month to 8.7 per cent now - will be enough to stop future interest rate...

Higher mortgage rates remain the market's biggest challenge, according to estate agents

May, 2023

A new survey of over 500 UK estate agents, commissioned by GetAgent, found that higher mortgage rates are proving to be the market's greatest challenge. A new analysis of estate agent...

New survey reveals landlord sentiment in wake of Renters' Reform Bill

May, 2023

Following on from the long-awaited publication of the Renters' Reform Bill, new research from Finbri reveals that Landlords are wary of the proposed changes around section 21 and the new private...

Blooming Lovely: Gardening Tips

May, 2023

The season for outdoor living and entertaining will soon be upon us, so whether you’re thinking about curating the ideal outdoor hangout for you and your guests, or bumping up your...

Property prices bloom in floral addresses

May, 2023

Chelsea Flower Show celebrates its 110th year, with thousands of plants and flowers on display for garden lovers. Many home addresses feature floral names. Over 1,300 property sales have...

MPs to receive letting agents’ briefing on Renters Reform Bill

May, 2023

Propertymark says it’s going to send a briefing on behalf of letting agents to every MP and member of the House of Lords. The document will be sent in time for the Second Reading of the...

Property market 'remains muted' amid higher mortgage rates - claim

May, 2023

Only a fifth of agents have reported being busier than last year as higher mortgage rates and inflation weigh on the market. A survey among 500 UK estate agents, commissioned by GetAgent,...

Things to consider when buying a property in spring

May, 2023

Spring has long been the favoured season to sell property in the UK, with everywhere looking its best as the world greens up and properties with outside space, however small, coming into their...

London's divided property market

May, 2023

Far from simply being a national phenomenon, the great North vs South property divide can be found on a city level, with new market analysis from Benham and Reeves revealing how properties south...

House price growth in new towns outpaced by their historic rivals

May, 2023

House price growth in England’s historic towns is outperforming that of its ‘new’ town rivals, climbing by 8.2% last year alone. Research from estate and lettings...

Renters Reform Bill - politicians demand series of extra restrictions

May, 2023

The co-leader of the Green Party wants the Renters Reform Bill to go further in restricting the powers of private landlords. Carla Denyer says she welcomes the government’s plans to end...

Property industry reacts to Rightmove House Price Index

May, 2023

The average price tag on a home reached a record high in May after jumping by £6,647 or 1.8% month-on-month, according to Rightmove. Across Britain, the average asking price for a home...

Buyers pay 39% more for homes with larger gardens

May, 2023

Buyers are paying a 39% premium for homes with larger gardens, Savills says. The estate agency analysed the relationship between garden size and house prices, revealing that purchasers are...

Essential home maintenance tips for FTBs

May, 2023

Beyond the initial excitement of owning your first home, first-time buyers should begin the process of protecting their investment with any essential maintenance, according to Pepper Money. ...

Two-fifths of landlords agree that EPC regulations will help tackle the climate crisis

May, 2023

Research ahead of proposed reforms to the Minimum Energy Efficiency Standard regulation has revealed that two-fifths of landlords believe it’s important to meet the proposed EPC...

New data shows how much a square foot of property costs regionally

May, 2023

The average square footage price in the UK has risen by 23.6% since 2019, with The South West seeing the largest increase over the last four years, up by a massive 29.9%, new research from...

Section 21 evictions hit record high as BTL landlords ‘start to panic’

May, 2023

There has been a sharp rise in the number of Section 21 notices issued, which gives a landlord an automatic right of possession without having to give any grounds once the fixed term has expired....

Renters Reform Bill published - full details

May, 2023

The pro-tenant anti-landlord Renters Reform Bill has at last been published by the government which first promised it in 2019. It has a series of pledges to court favour with renters - it will...

Housing market lacks seasonal spring bounce as buyers wait for prices to fall

May, 2023

Prime London sales activity remained low in April, with the number of transactions for the month reaching a record low, excluding the lockdown-affected April 2020, and down almost 35% on a year...

‘Business as usual’ as housing market stabilises

May, 2023

The UK housing market is “back to business as usual” after a welcome level of stability returned to the market following a period of unprecedented uncertainty created by...

Long-awaited Renters' Reform Bill due to enter parliament today

May, 2023

More than four years after Tories first promised "a better deal for renters" ahead of 2019's general election, Housing Secretary Michael Gove will finally introduce the long-awaited legislation...

Revealed - which property types offer best long-term returns

May, 2023

A new analysis by property investment platform easyMoney reveals that detached homes have delivered the best investment returns of all residential property types in the past decade. Detached...

How to add value to your buy-to-let property

May, 2023

As a landlord, you're always looking for ways to maximize your investment and make your property stand out from the competition. Adding value to your buy-to-let property is a smart way to...

Most landlords have no sustainability strategy

May, 2023

Only three in 10 (30%) commercial landlords have a strategy to reduce greenhouse emissions, indicating that it’s still a low priority for some. Two in five (42%) have one or more...

Government ‘to cap ground rent’ as plans to scrap leasehold abandoned

May, 2023

New rules on leasehold to be introduced after Michael Gove forced to U-turn on his pledge to scrap the system. Leaseholders may only have to pay a ‘peppercorn’ ground rent...

Home upgrades to add value

May, 2023

Adding value to your home is a key consideration for many homeowners. Of large-scale projects, research shows that a garage conversion or garden office may well provide the best return on...

Strong rental growth shows no sign of abating

May, 2023

Strong rental growth pushed the average monthly rent on a newly let property outside London up to £1,002 pcm in April, passing the £1,000 per calendar month (pcm) mark for the first...

Investment expert reveals trends for 2023

May, 2023

Following three years of seismic shifts in the property sector, the UK is moving towards a ‘new normal’ – with the 2022 mini-budget and the rising cost of borrowing having an...

Renewed seller confidence fuelling rising asking prices

May, 2023

A return to confidence among vendors as the market continues to correct itself has seen average asking prices inch back up across all English regions, Scotland and Wales during May, according to...

Rents for one-bed properties outpacing those of larger homes in majority of London

May, 2023

Supply and demand disparity fuelled by landlords exiting the market drove up average rental prices by 4.9% across the UK in the 12 months to the end of March. However, rental costs for the most...

Interest rates: Estate agents react as cost of borrowing hits new high

May, 2023

The Bank of England’s strategy to tackle inflation isn’t working, an agent has claimed, after policymakers hiked rates for the 12th successive month yesterday. Interest rates were...

Interest Rates - Bank of England reveals latest decision

May, 2023

The Bank of England has announced its latest decision on base rate. This has been increased by 0.25 per cent to 4.5 per cent. It’s the 12th successive increase, taking it to the highest...

Mortgage rates remain static ahead of anticipated BoE interest rate hike

May, 2023

Mortgage borrowing rates have remained broadly unchanged this week ahead of a widely expected Bank of England base rate rise from 4.25% to 4.5% later this morning. UK interest rates are...

Agency stock rises as demand and sales drop - RICS

May, 2023

High borrowing costs and an uncertain economic outlook remaining the main challenges for homebuyers, the Royal Institution of Chartered Surveyors (RICS) has warned. The latest RICS Residential...

Drivers & Norris achieves ‘Standard of Excellence’ to make The ESTAS shortlist for 2023

May, 2023

Drivers & Norris has been recognised for delivering outstanding customer service to its clients by making the shortlist for The ESTAS - the biggest award scheme in the UK residential property...

Sellers are ‘pricing their properties accordingly’

May, 2023

House price growth dipped last month, ending three consecutive months of growth, the latest Halifax’s house price index revealed on Tuesday. According to the data, annual price growth...

Income from property more than doubled in 10 years

May, 2023

Latest data released by HMRC indicates that over 2.1 million UK taxpayers received income from property in the tax year 2020/21, receiving on average a net income of £11,400....

Tenant demand surges to all-time high

May, 2023

A clear majority of landlords who were recently surveyed by Paragon Bank reported that tenant demand increased during Q1 to record-high levels. The survey of nearly 700 landlords found...

Renters’ Reform Bill delayed again – Tories warned not to ‘backtrack’

May, 2023

The long-awaited legislation to improve renters’ rights, which was due to be published this week – more than four years after the government pledged to abolish Section 21 evictions...

Tenants offered unique 100 per cent mortgage to “escape renting”

May, 2023

Renters are being offered a 100 per cent mortgage by the Skipton Building Society - the first time such product since the financial crisis in 2008. Skipton chief executive Stuart Haire says the...

Renters Reform Bill - everything we know so far

May, 2023

Housing Secretary Michael Gove says the long-awaited Renters Reform Bill, first promised in 2019, will finally be introduced into Parliament this week. Precise details have been kept under...

Where are the nation’s greenest postcodes?

May, 2023

Close proximity and access to green space are usually high on the list of priorities for house hunters, particularly in urban areas. New research reveals where across England and Wales is home to...

Housing market continues to stabilise: Halifax

May, 2023

UK house prices saw a slight dip of 0.3% during April as the market continues to stabilise, with the price of a typical home in the UK now costing £286,896 (compared to £287,891 in...

Prepare your home for the Coronation

May, 2023

The Coronation of His Majesty The King and Her Majesty The Queen Consort of the United Kingdom and the Commonwealth realms is scheduled to captivate the nation at Westminster Abbey on the 6th of...

Fit for a king

May, 2023

Charles III, King of the United Kingdom and the Commonwealth Realms will be crowned at a ceremony in Westminster Abbey on Saturday 6th May. This will be the 40th coronation to be held at the...

Properties on coronation themed streets 15% more affordable

May, 2023

Despite the Royal family owning one of the most expensive property portfolios in the world, house hunters in England and Wales looking for their own royal residence can snap up a bargain on one...

First-time buyer market share drops as prices rise

May, 2023

First-time buyers in the UK are paying almost a third more to get on the property ladder than they were five years ago, new research suggests. Analysis by surveying, conveyancing and removals...

Houses selling 44 days faster than last year, according to new data

May, 2023

The average time it is taking to sell a home in England and Wales has fallen by 44 days when compared to last year, according to new analysis from GetAgent. The latest data released by...

Almost half of landlords indicate they will sell up if base rate continues to rise

May, 2023

44.66% of landlords have indicated that they will look to sell their investment properties if the UK base rate hits the expected 4.5%, according to new research ahead of next week's Base Rate...

Average rents hit another record high

May, 2023

Rents in the UK increased by an average of 1.3% in April to reach £1,199 per calendar month (pcm), the latest figures show. When excluding London, average rental prices rose by 1.3% to...

Strong rental growth in April

May, 2023

UK rents have risen by 1.3% month-on-month to £1,199, in signs that strong demand is continuing to fuel growth, HomeLet research has found. The South East and Scotland both saw the...

Housing market strengthened by influx of first-time buyers

May, 2023

The ongoing cost of living crisis, rising interest rates, and general market uncertainty aren't enough to put off the nation's first-time buyers according to the latest market analysis from...

Property industry reacts to latest house price data

May, 2023

UK house prices increased by an average of 0.5% in April after seven consecutive months of falls, the latest data from Nationwide revealed on Tuesday. The building society is predicting a...

Mini-Budget fallout ‘fading’ as Nationwide reveals monthly house price gains

May, 2023

The impact of last year’s mini-Budget on the property market are “fading,” agents have claimed after the latest Nationwide housing data shows prices rose in April for the first...

What is happening to property prices? Comparing apples and pears

May, 2023

Average UK property prices and annual price growth are published by various organisations. However, the figures are different for each and can cause confusion. This is because the data is...

The UK's most and least affordable places to rent

May, 2023

Spiralling rents have seen almost a quarter of UK tenants priced out of the area they were living in in the last six months, according to new data from flatshare site, SpareRoom. Recent...

Rental supply set for further squeeze, says analyst

May, 2023

The rental supply-demand imbalance is only likely to worsen in the near-term future, according to Bloomberg Intelligence. Rightmove recently released data showing the number of...

March property sales edged previous month, HMRC reveals

May, 2023

Residential property transactions edged up 1% in March 2023 compared to the previous month, the latest HMRC figures have revealed. Across the UK, there were 89,560 home sales last month,...

England and Wales' asking price hotspots

April, 2023

The property market over the past 12 months saw high demand swinging the balance firmly in favour of sellers - achieving 99.7% of their asking prices on average, a 1.2% increase compared to the...

Analysis reveals effect of rising interest rates on mortgage transactions

April, 2023

In February 2023, the total number of mortgage lending transactions reached its lowest monthly total since May 2020, with only 95,405 transactions recorded. Octane Capital analysed the...

Research reveals ‘reality gap’ in official capital rental figures

April, 2023

A new study by London lettings and estate agent Benham and Reeves has found that the actual cost of renting in London is 37%, or £613, higher per month than the official statistics suggest....

National rents hit new record high of £1,190 pcm: Rightmove

April, 2023

Average rents across the nation have continued their upward trajectory, albeit at a slower pace, according to the latest data released by Rightmove who report that outside of the capital asking...

Snakes alive – 55 days to sell

April, 2023

At 55 days, the average time taken to sell a property (from listing to sold subject to contract) is nearly two weeks faster than the last so-called 'normal' market of 2019 (67 days)....

Market uncertainty sees a surge of homeowners improving rather than moving

April, 2023

Turbulent property prices, restricted housing supply, and rising moving costs have seen a surge of homeowners pausing their moving plans in favour of improving their homes. Pepper Money...

Study reveals areas where house price rises are outstripping inflation

April, 2023

A new report by Octane Capital has revealed that house prices in 21% of UK local authorities in the UK are growing at a rate higher than the current consumer price index inflation figure of...

Transform Your Bedroom on a Budget

April, 2023

For many of us, our bedroom is our sanctuary and the personal, designated hideaway of our home, and so it only makes sense to curate a design that elicits peace and joy. If your style has...

Agents sold an average of 5.3 homes per month in 2022

April, 2023

Estate agents across Britain sold 5.3 homes on average each month in 2022, new research suggests. Analysis by Nested has found there are an estimated 13,396 estate agents across Britain –...

Big fluctuations in house prices charted according to region

April, 2023

According to new research, house prices have plummeted by as much as £21,000 in a single month across some areas of the property market, while other areas continue to enjoy house price...

Mortgage rates falling despite inflation surprise

April, 2023

Inflation defied expectations to remain in double figures last week prompting economists to U-turn and predict another interest rate increase next month, from 4.25% to 4.5%. But while the hike...

Rental yields inch up across all regions

April, 2023

Across England and Wales, rental yields have seen both annual and quarterly increases up from 6% a year ago, and 6.4% in the last quarter of 2022 to 6.5% now, according to new data. ...

Renter affordability stretched as rental values keep rising

April, 2023

Renter affordability is becoming increasingly stretched as growth in private rental prices continues. On average renters now pay 26.8% of their gross income on rent, compared to 25.7% three...

New analysis reveals level of house price drops across UK

April, 2023

The average UK house price for Q1 2023 was £305,646, down by 1.2% from the previous quarter, according to the latest Property Market Index Review by Benham and Reeves. This marks a...

FTB enquiries surge as market continues to cool

April, 2023

First-time buyer enquiries jumped by 22% between February and March, becoming the second most popular search term overall for the month, according to new data from Legal & General’s...

Homeowners ‘more open to downsizing’ amid higher living costs - claim

April, 2023

Higher energy costs and rising interest rates are leading to a surge in the number of homeowners looking to downsize, a property expert claims. It comes as higher than expected inflation...

Property industry reacts to Rightmove House Price Index

April, 2023

Asking prices for property being put on sale in Britain over the past month increased less than normal for the time of year, the latest data from Rightmove shows. The property portal said that...

Vendors forced to get realistic with house prices to attract bidders

April, 2023

The average price of property coming to market edged up by 0.2%, or £890, this month, lower than the average of 1.2% at this time of year, as new sellers heed their agents’ advice to...

First-time buyer properties hit record price: Rightmove

April, 2023

First-time-buyer type properties hit a new record price of £224,963 this month according to the latest data released by Rightmove which highlights that demand amongst prospective homeowners...

What do you want from your agent?

April, 2023

Professionalism and knowledge top the reasons of why prospective vendors choose their agents, irrespective of age or how experienced a seller may be. ‘Confidence in an agent's ability...

Demand remains high but rise in new instructions eases rental affordability

April, 2023

The number of properties brought to the market in London rose in March, with listings up 19% compared to the previous month, according to Foxtons. This influx of instructions took the...

Law Society: Climate risks must be highlighted to homebuyers

April, 2023

Homebuyers should be warned about climate-related risks of a purchase, new Law Society guidance suggests. The legal membership body has issued guidance on how climate change physical...

Which areas of England and Wales have seen the biggest boosts in homebuyer affordability?

April, 2023

The rate at which heat is escaping from the property market varies from region to region and city to city, resulting in pockets of affordability suddenly springing up and giving a much-welcomed...

Major blow for homeowners as interest rates set to hit 5%

April, 2023

Economists have warned that Britain faces another painful interest rate hike to try to bring it back down double-digit inflation. Inflation has been above 10% since last summer and the latest...

Property industry reacts to latest house price data

April, 2023

The average UK house price increased by 5.5% in the 12 months to February 2023, slowing from 6.5% in January 2023, the latest figures show. The typical price of a home in February was...

Annual house price growth falls to 5.5% in February: UK HPI

April, 2023

Annual house price growth eased further in February according to the latest figures released by ONS, slipping from 6.5% in January to 5.5% highlighting that more realistic pricing amongst sellers...

Demand remains robust as rents rise again - Propertymark

April, 2023

The number of new prospective tenants registering at each branch of a Propertymark-member lettings agency held steady at 106 in March, the tree body says in its latest market snapshot. ...

Price reductions on the rise - warning

April, 2023

The number of listings that were reduced from January to March increased by an average of 102.5% compared with the same period in 2022, new research shows. Data from proptech firm Street.co.uk...

Prime London sales experience decline in 2023

April, 2023

London’s prime property market has seen a decline in sales of 21.9% in the first quarter of 2023 compared to the same period last year, according to data from LonRes. However,...

Environmental home hacks to celebrate Earth Day

April, 2023

The summer is finally on its way, signalled by sprouting spring flowers and longer days, causing all of us to tune into nature in its many beautiful forms. What better way to show your love for...

Private rented sector grows

April, 2023

The number of households in England and Wales increased by 6% between 2011 and 2021, the number in the private rented sector by close to 20%. There are now more than 5 million households in the...

UK property market firmly on the road to recovery

April, 2023

House prices inching up, sales progressing more quickly, and a restrained supply of properties for sale have all played their part in a return to strength for the UK property market, according to...

‘Business as usual’ for the housing market as we head into spring

April, 2023

UK housing market conditions continue to improve as we head into spring, as the uncertainty caused by the mini-Budget last autumn continues to subside. The majority of UK buyers – 71%...

Britain’s Top 10 Unusual Homes For Sale

April, 2023

From character properties to unique architecture and fascinating conversions; unusual homes are some of the most coveted on the market due to the alluring nature of their charming and...

Landlord confusion over EPC plans causes concern

April, 2023

There is widespread confusion over energy efficiency rules planned for the private rented sector, according to Mortgage Advice Bureau. Following a consultation in 2021, the Government issued...

Majority of UK business owners plan to invest in property over the next 12 months

April, 2023

Despite a certain amount of turbulence still being felt across the property sector and wider financial markets, less competition will allow business owners to explore property investment...

Property professionals welcome RICS’ latest cladding guidance

April, 2023

Almost nine out of ten property professionals believe that the latest Royal Institution of Chartered Surveyors (RICS) guidance on cladding has had a positive impact. When asked if the latest...

Supply issues continuing to push up room rents

April, 2023

Despite a fall in demand for rooms over the past few months, short supply is continuing to apply upward pressure on rents with the average cost of a room up by 10% or more in every UK region...

Rents rising again after New Year pause

April, 2023

The latest HomeLet rental index shows that UK average rental prices are continuing to rise after a previous drop in prices at the beginning of the year. The headlines from this month’s...

Signs That You Have Fallen Out of Love with Your Home

April, 2023

As the promise of spring’s gentler winds and lighter evenings looms closer, many of us will be ready to welcome a few seasonal changes of our own. Falling in love...

Bungalow lowdown

April, 2023

Bungalows are a popular type of home in England and Wales and represent 9.3% of the housing stock (5 million properties). 8% of homes sold in the last year were bungalows and the most popular...

UK estate agency sector sees 10% growth in the last year

April, 2023

The latest market analysis by GetAgent reveals the phenomenal increase in the number of estate agencies in the UK over the past five years, with the North East seeing the largest uplift of all UK...

RICS: Sales market remains downbeat but stability is returning

April, 2023

The property market remains weak but there are long-term signs of stability, the Royal Institution of Chartered Surveyors (RICS) claims. The latest RICS UK Residential Survey for March shows...

Top 10 buyer 'turnoffs' that devalue your property

April, 2023

Although important, kerb appeal can only do so much to improve your chances when selling your home. New research highlights the biggest issues likely to have house hunters beating a hasty retreat...

Rightmove: Sales agreed have returned to pre-pandemic levels

April, 2023

The number of home sales being agreed is now back to its pre-pandemic level for the first time since before the disastrous mini-Budget in September, Rightmove claims. New figures from the...

Rental growth picks up following seasonal slowdown

April, 2023

Prime London rents picked up again over the first three months of this year, according to Savills Q1 2023 Prime Lettings Index. Rental prices are up 1.4% in London in Q1, which is a small...

Most landlords have never used Section 21

April, 2023

While Section 21 ‘no fault’ evictions continue to be a hotly contested topic amongst property investors, most landlords have actually never used one. The government is set to...

Census 2021 and the change in number of rooms

April, 2023

Open-plan living has become a huge trend over recent times for both renovations and new build housing. Fewer walls create additional light and space and more sociable living. The recent 2021...

New buyer numbers recover to 2019 level as market conditions improve

April, 2023

Residential properties across Great Britain are taking longer to sell than they were last year, but there are signs that housing market conditions are improving. The average home sold in March...

House price growth slows but remains positive - Halifax

April, 2023

The latest Halifax House Price Index gave estate agents renewed optimism last week amid the ongoing market crash debate after the data suggested values are still growing, although at a slower...

Property industry reacts to latest house price data

April, 2023

UK house prices increased unexpectedly last month, the latest data from Halifax shows, bucking the falling trend elsewhere in the property market. The latest house price figures suggest that...

Half a million home sales expected in the first half of 2023 despite slowdown

April, 2023

Despite the weaker market conditions we’ve witnessed this year some 500,000 homes are expected to change hands in the first half of 2023, Zoopla has estimated. Whilst levels of...

Which town is the most expensive place to buy a seaside home?

April, 2023

A house there costs an average £1.24 million Want to buy a home in the popular resort town of Salcombe in Devon? Be prepared to spend around £1.24 million for it....

Average house prices return to growth in March: Halifax

April, 2023

Albeit fractional, the 0.8% rise in average house prices during March paints a welcome picture of pre-pandemic normality returning to the UK housing market, reversing the downward trend seen over...

Britain’s fastest selling market revealed

April, 2023

Falkirk in Stirlingshire is Great Britain’s fastest-selling market, with sellers in the area finding a buyer in an average of 22 days, according to fresh data from Rightmove. Broxburn in...

Easter egg spend

April, 2023

An egg-stimated 80 million Easter eggs are sold in the UK each year. Based on an average cost of £5.18 per egg, this egg-quates to an egg-spenditure of over £400 million, the...

Boost in supply sees 'better than expected' start to spring market: Zoopla

April, 2023

Market conditions at the end of Q1 are better than many had expected and defying expectations with 500,000 home sales expected in the first half of 2023, according to the latest data released by...

Rightmove: Mortgage market remains ‘egg-cellent’ for buyers

April, 2023

Mortgage lenders are ‘actively competing’ for home buyers, Rightmove claims. The portal’s mortgage expert has predicted that mortgage rates will remain flat or even drop over...

Springtime tasks to make your property market ready

April, 2023

As the weather continues to heat up heading further into spring, so too does the property market, with activity accelerating throughout one of the busiest periods of the year for buyers and...

The colours to avoid if you want to sell your home

April, 2023

Prior to selling up, many homeowners look for ways to make their property attractive to potential buyers, particularly by boosting its kerb appeal. However, once a prospective buyer is through...

Average rents recover from early-year blip to rise again

April, 2023

The average rent in the UK continues to rise despite a brief drop at the beginning of the year, according to the latest HomeLet Rental Index figures. The data shows that the average rent in...

Seven of the Best Kitchens on the Market

April, 2023

A place where family and friends congregate, the kitchen is often described as the heart of the home. A kitchen is the home’s epicentre and must have the capacity to both entertain and bring...

Rents and voids remain 'steady' in March

April, 2023

A fractional increase in rents across England and void averages shifting by just a day helped the lettings market ride out any potential turbulence expected for March with figures holding steady...

Clear relationship between mortgage approvals and sales volumes

April, 2023

Official data indicates sales volumes in February were 4% lower than January, while mortgage approvals for the month were 10% higher, the most significant uptick at this time of year since...

House prices hit by largest annual decline since 2009

April, 2023

Average UK house prices were hit by the largest annual decline since July 2009 last month. Nationwide’s latest House Price Index suggests average values across the UK declined 3.1%...

How to Make the Most of Your City Home

March, 2023

City life has something for everyone; from landmarks steeped in history and boundless walking routes to the fast-paced lifestyle and hyper-convenience of having everything you need right at...

Homebuyer activity falls during Q1 as slower market conditions remain

March, 2023

Demand for homes has continued to ease, falling by a further 5.7% during Q1 and is now 21.6% off the pace when compared to this time last year, according to recent figures provided by...

House prices record biggest annual decline since 2009: Nationwide

March, 2023

House prices across the UK have continued to fall for the seventh consecutive month - down by 3.1% year-on-year in March, marking the biggest annual decline since July 2009, according to...

Increase in rental properties leaves landlords ‘open to rent negotiations’

March, 2023

Chestertons’ latest market review reveals that, in London, there were 37% more rental properties on the market in February 2023 vs February last year. The agency’s...

Rising number of tenants stuggling to pay their rent due to rising costs

March, 2023

More than half of the respondents of a new tenant survey commissioned by the Deposit Protection Service are worried about how they will manage to pay their rent in the future amid the cost of...

BTL landlords must hit net zero targets or face ban letting properties

March, 2023

There is growing speculation that the deadline for landlords to meet new minimum energy efficiency standards for new tenants will be extended until 2028, and will now apply to all rental...

Industry reaction to hike in number of mortgages approved

March, 2023

The number of mortgage applications approved by banks and building increased by 10% last month, representing the first monthly increase since August last year, the latest data shows. In total,...

Mortgage approvals rise for first time in six months

March, 2023

The level of mortgage approvals for home purchases bounced back in February, Bank of England figures show, but buyers are borrowing lower amounts at higher rates. Mortgage approval rates rose...

The areas set to see house prices 'level up'

March, 2023

The latest research by peer-to-peer real estate investment platform, easyMoney, looked at the areas of the nation identified in the recently relaunched Levelling Up plans and analysed local...

The rising cost of moving home in the UK

March, 2023

Whether moving into a property you’ve bought or somewhere to rent, moving costs can quickly add up with budgets spiralling due to unexpected issues along the way. Amid the ongoing cost of...

Rightmove: Mortgage pricing will go lower despite interest rate rises

March, 2023

Mortgage pricing has dropped despite last week’s interest rate rise, Rightmove claims. In a boost for homebuyers, analysis by the portal suggests there have been reductions of up to 0.05%...

Spring forward for home sales

March, 2023

Mid-March marks the start of spring, long acknowledged as the best time to sell your home. Rightmove report demand levels are currently 6% higher than in 2019, and with the Easter holidays...

February sees steep rise in mortgage applications as FTB activity moves up a gear

March, 2023

Following a quiet winter period, newly released CACI data analysed by first direct has revealed that mortgage applications saw a sharp rise in February as the market predictably shifts up a gear...

England’s hottest rental spots for tenant demand revealed

March, 2023

Research Barrows and Forrester reveals which areas of the rental market are currently most in demand amongst tenants, based on the ratio of available rental properties that have already been...

Charming Cottages on the Market

March, 2023

While cottages have always been some of the most coveted properties in the UK, the attraction to quaint countryside homes these days is the refreshingly simple lifestyle that comes with moving to...

Top Tips for Spring Selling Season

March, 2023

It is widely acknowledged that spring is the most ideal time to sell or buy property. The mild weather is a benefit for the market, with house-hunters encouraged to go out and pursue viewings...

Rental Reform laws to be launched in two months time

March, 2023

Housing Secretary Michael Gove has pledged that the long awaited Rental Reform Bill will be introduced into the Commons in two months time. He told Laura Keunnsberg yesterday:...

New How to Rent Guide published by government

March, 2023

An updated How to Rent Guide, a checklist for renting in England which must be issued by both letting agents and landlords to new tenants or those renewing, has been released by the government....

Number of homes in England meeting the recommended energy rating rises by just 1% since last year

March, 2023

With the laws set to change again for home energy performance grades from 2025 and current proposals stating that all newly rented properties will be required to have an EPC rating of C or above,...

The cities where house prices are outpacing inflation

March, 2023

Despite inflation exceeding City analysts' maximum forecasts and re-accelerating in February and pulling further away from topline house price growth, according to research, there are many areas...

Asking rents dip as stock increase allows tenant churn

March, 2023

New figures from London lettings agency Chestertons reveal that 10 per cent more tenants moved in February this year compared to the same month in 2022. And according to the data, there...

Interest rates raised to 4.25% by Bank of England – property industry reaction

March, 2023

Interest rates have been increased to 4.25% from 4% by the UK’s central bank in an attempt to get inflation under control. The Bank of England’s decision to lift rates for the 11th...

Spring market surge forecast to see 17% boost in transactions

March, 2023

While the recent slowdown in the housing market may have felt a little more severe than the usual winter lull this time round due to the effects of last September's mini-budget, it remains part...

Property industry reacts to latest house price data

March, 2023

Annual house price growth slowed 6.3% in the 12 months to January 2023, down from 9.3% in December 2022, the Office for National Statistics (ONS) said. The average residential property price in...

Annual house price growth dropped to 6.3% in the aftermath of the mini-budget: UK HPI

March, 2023

The slowdown in house prices that followed last September’s disastrous mini-Budget has been laid bare by the latest UK House Price Index from the ONS and Land Registry, with this morning's...

Bank of England poised to raise interest rates today amid inflation surprise jump

March, 2023

The Bank of England is widely expected to increase interest rates today following yesterday’s surprise hike in inflation. Prior to yesterday’s news, inflation appeared to be falling...

Top Tips to Decorate Your Home for Easter

March, 2023

Easter weekend being right around the corner is the perfect excuse to brighten up the home with an abundance of florals and an array of colours to welcome in the springtime sunshine! Hop right...

The areas of England where rental stock is lowest

March, 2023

Even the stock drought across the UK's private rental sector, like most other aspects of the wider property market, can't escape regional disparity, with available rental properties fluctuating...

Property industry reacts to sharp fall in house sales

March, 2023

Residential property sales dropped by almost a fifth (18%) in February compared with the same month last year, providing yet anaother indication that the housing market is slowing, According to...

Mini-Budget ‘hangover’ pushes property sales to record low

March, 2023

February marked the slowest month for residential transactions in almost a decade, HMRC data suggests. New HMRC transaction figures shows the taxman recorded an 18% annual drop in UK...

Interest Rate Rise This Week? - 50:50 chance says analyst

March, 2023

There’s a 50:50 chance of yet another Bank of England base rate rise this week according to a leading business analyst. Susannah Streeter, head of money and markets at Hargreaves...

Economic forecasts

March, 2023

Official forecasts released by the Office for Budget Responsibility expect the UK to avoid recession this year. Interest rates are now expected to peak at 4.3% in the autumn (0.7% lower than...

Sellers must ‘show greater realism on price’ to get homes sold

March, 2023

The UK housing market is showing tentative green shoots as we head towards spring, according to Kris McLean, Managing Director of The Guild of Property Professionals. He notes that there has...

Propertymark: The market is moving but below asking price

March, 2023

Agents are continuing to secure instructions and sales but transactions are mainly being done below asking price, data suggests. Agency trade body Propertymark’s latest housing market...

GUILD Spring London market update

March, 2023

Tentative green shoots for market as Spring approaches Despite the brake on house-price growth, the market, as well as economic outlook, is showing tentative green shoots as we head towards...

Home sales surge into spring despite a cooling market

March, 2023

The wider property market may have lost heat compared to the height of the pandemic boom, however, as usual, there are pockets of heightened activity across England with new research revealing...

Property industry reacts to Rightmove House Price Index

March, 2023

The average asking price for newly-listed homes has risen 3% over the last 12 months, despite higher mortgage costs, according to Rightmove. The property portal said that the typical asking...

Cautious pricing continues as market shifts down a gear heading into spring: Rightmove

March, 2023

Annual asking price growth eased to +3.0% this month, with new seller asking prices now £5,800 adrift from their October peak, according to data released this morning by Rightmove. ...

Interest Rates - Property industry boss warns Bank of England

March, 2023

The Bank of England’s Monetary Policy Committee meets next week to consider whether base rate should rise again - but there’s been a warning issued by a property industry chief....

Competitive mortgage market ‘may dampen downsizing boom’

March, 2023

A more competitive mortgage market may actually dampen hopes of a downsizing boom, an agent has predicted. Many property professionals last year forecast that higher mortgage rates and energy...

Renters ditch cities and flee to suburbia seeking cheaper properties

March, 2023

A greater proportion of renters are leaving Great Britain’s cities to find a cheaper place to live or to get more for their money, according to Rightmove. Across ten major cities, 42% of...

Buyer demand continues to outstrip supply as fewer sellers enter the market

March, 2023

The number of homes being put on the market is failing to meet demand from buyers, and that trend is unlikely to change as we enter the traditionally busy spring season, according to...

Your Handy Guide to a Successful Spring Clean

March, 2023

Spring is a time of transition and renewal, so it’s no surprise that most of us get the urge to freshen up our homes and have the place feeling like new again. If brighter evenings and...

Budget 2023: Another missed opportunity for housing

March, 2023

Once again, despite many calls for change, another Budget that seemingly failed to address growing pressures on the PRS and another missed opportunity for housing reform. With a budget...

Spring Budget another ‘missed opportunity’ for stamp duty reform

March, 2023

Stamp duty is an outdated tax in need of a reform, according to many property professionals. Estate agents have long been among those seeking an overhaul of stamp duty, perceiving the levy as...

House prices to drop by 10% – OBR

March, 2023

The government’s independent forecaster has reflected on what impact yesterday’s Budget is going to have on the UK economy in the coming years, as well as house prices. In documents...

Price it right

March, 2023

With price sensitivity increasingly evident in the property market, understanding local market conditions and pricing realistically are essential to achieve a sale. Zoopla report that while 59%...

Home seller activity surges as market continues to stabilise following the mini budget

March, 2023

In the aftermath of last September's ill-fated mini-budget, the volume of new homes entering the market fell off a cliff edge as thousands of would-be sellers paused their property plans...

Value of new mortgage commitments fall sharply

March, 2023

The value of new mortgage commitments in the final quarter of 2022 fell to £58.4bn, down 33.5% from from Q3 2022, according to the Bank of England’s latest Mortgage Lenders and...

Research reveals surge in sold STC properties

March, 2023

The number of properties being sold subject to contract has increased by 5% so far this year versus the closing stages of 2022, according to research by GetAgent. The research found that across...

How to Update Your Home for Spring

March, 2023

Spring’s arrival and winter’s departure has many of us wanting to grace our indoors with the same brightness and renewal going on outside. If you’re wondering how to liven up...

Survey reveals worrying lack of knowledge on EPCs, despite new laws

March, 2023

Too many UK businesses are largely unaware about new environmental legislation concerning the energy efficiencies of the buildings they own and occupy, according to a new survey commissioned by...

Prime London rents soar but affordability not an issue - claim

March, 2023

The rental market in Prime London continues to suffer from a severe stock shortage according to recent data from property consultancy LonRes. “Activity levels are well below normal levels...

LonRes: Asking price discounts are widening

March, 2023

The average discount to asking price on a sold property has almost doubled since last July as sellers are becoming ‘more realistic,’ research suggests. New data on prime London...

Strong proportion of landlords remain positive about BTL

March, 2023

Sentiment among UK landlords remains broadly upbeat according to a newly released survey from Landbay, who report that while challenges remain in the sector, 46% of respondents say that they are...

Housing market settles to pre-pandemic levels

March, 2023

Nicky Stevenson, MD of Fine & Country, looks at how stability has returned to the housing market and highlights that the start of 2023 has proved more stable economically than many...

London retains its status as Europe’s top residential city

March, 2023

London continues to carry the highest € per square metre across the continent despite a recorded slowdown in price growth across the region, according to pan-European data from BNP Paribas...

Who do you live with?

March, 2023

Since 2011, there has been a 6% rise in households and a noticeable change in their composition and size in England and Wales. There are now 20% more households where couples are above the...

Transform Your Rental Property for Spring

March, 2023

As spring rolls in and blesses us with warmer weather and brighter mornings, many tenants may have the urge to freshen up their homes and clear away the last traces of winter. When it comes to...

Growing majority of renters concerned about rising interest rates

March, 2023

Mounting predictions of further interest rate rises have prompted over half of landlords to say that they'll raise rents to absorb the extra costs - resulting in rising numbers of renters growing...

What support do homeowners want from the government?

March, 2023

Following the UK government’s efforts to stimulate the housing market during the pandemic with a stamp duty tax break, there is once again a call from homeowners to provide support measures...

One in 10 'over-optimistic' sellers forced to cut asking price within a month

March, 2023

Since the end of last year, rising inflation and interest rates have caused demand for homes to weaken, levelling the playfield between buyers and sellers as the market continues to cool....

Spring house hunters set to drive up mortgage market activity

March, 2023

Following a few turbulent winter months that saw market activity stall in the aftermath of the mini-budget, a rapid increase in mortgage lending has been forecast as buyers return to the market...

Home-movers will still spend despite cost of living crunch, claim

March, 2023

Home movers have been identified as one of the most attractive consumer groups during the cost-of-living crisis, contributing an estimated £29 billion to the economy this year. ...

Garden premiums hit £70k in the capital

March, 2023

According to new research, the 'race for space' is far from over. With spring approaching and warmer weather on the horizon, green-fingered house hunters are heading back out in force and...

UK housing market showing signs of improvement but asking prices ‘come under pressure’

March, 2023

The UK housing market remains ‘generally downbeat’, however there are several indicators demonstrating a more stable picture emerging through the course of 2023, according to the RICS...

Guild Members Celebrate International Women’s Day 2023

March, 2023

International Women’s Day is a global annual event, on Wednesday 8th March, celebrating women's achievements, raising awareness against bias and taking action for equality. Together...

England's house hunter hotspots

March, 2023

Across England's fragmented property market, there are pockets of areas where demand remains relatively high, holding house prices and, to some extent, favouring sellers. However, as prices...

New build number high, new build energy use low

March, 2023

Nearly 200,000 new build homes were registered in the UK in 2022, the highest number since 2007 and up 26% on 2021, according to the latest statistics produced by the NHBC. Registrations...

Homebuyers are becoming more flexible on property features - claim

March, 2023

More than half of homebuyers have become more willing to compromise in the search for their next home, new research reveals. Analysis by Direct Line Home Insurance suggests the cost of living...

Moving house with a pet – 10 things you need to know first

March, 2023

Moving house is a huge milestone but the relief of being handed the keys is soon followed by the overwhelming task of tackling your to-do list. Packing up your life into boxes while juggling...

Which home renovation jobs will maximise the value of your property?

March, 2023

As house prices continue to cool following record highs over the past few years, many homeowners may be switching from a 'move' to an 'improve' mindset. However, it's not just simply a case of...

Annual house price growth static for third consecutive month

March, 2023

The annual rate of house price growth remained flat during February at +2.1% for the third month in a row, showing further signs that the stability we were used to pre-pandemic is returning,...

Sharp rise in number of new properties listed for sale

March, 2023

The number of new properties reaching the market for sale across Britain has increased by 98% when compared to the start of the year, climbing to 218% in some areas, new data shows. GetAgent...

Call for EPCs to be renewed every three years

March, 2023

Energy Performance Certificates must change to properly support reaching net zero, tackling fuel poverty and improving buildings, according to an energy assessors accreditation scheme. And it...

EPC 'C' – a long-term vision

March, 2023

As part of their Net Zero Review, the government is proposing that all homes sold will need to have an Energy Performance Certificate rating of 'C' by 2033. Virtually all (96%) of new build...

Top Tips to Find Your Perfect Home This Spring

March, 2023

Spring is a time for change, growth, and new beginnings. As flowers spring to life and wildlife returns from hibernation, the brighter evenings are invigorating enough to set any hatched plans...

First-time buyer activity spikes in January

March, 2023

UK first-time buyers were out in force at the start of the year with both applications and market share seeing an increase in numbers, likely driven by more homes on the market and falling house...

Back With A Bang - rental market surges yet again

March, 2023

After what appeared to be a lull over the New Year, the rental market is firing on all cylinders again according to the latest market snapshot from PropTech firm Goodlord. It says void periods...

Which home renovation jobs will maximise the value of your property?

March, 2023

As house prices continue to cool following record highs over the past few years, many homeowners may be switching from a 'move' to an 'improve' mindset. However, it's not just simply a case of...

Third of landlords could be forced to sell up after failing their lender’s affordability test to remortgage

March, 2023

One in three buy-to-let landlords are struggling to remortgage after failing their lender’s affordability test, warns Mortgages for Business. Fresh research by the buy-to-let specialist,...

What are the most common maintenance tasks for landlords?

March, 2023

Far from just sitting back and letting the rent roll in, the average landlord will be required to carry out repair or maintenance work on a buy-to-let property 72 times during their ownership,...

High demand from tenants sees rents rise and voids plummet

March, 2023

Rental voids in February dropped by a quarter, while rents rose, according to the latest Rental Index from Goodlord. The latest data indicates renewed rental market momentum, after the...

Homeowners underestimating the cost of upgrading their homes to new build standards

March, 2023

Homeowners upgrading their property to meet new build standards are underestimating the costs involved, according to new research from the Home Builders Federation. HBF has calculated...

Mortgage approvals fall significantly as housing market continues to slow

March, 2023

UK mortgage approvals fell in January to their lowest level in more than two years, according to new data from the Bank of England. Around 39,600 mortgages were approved for residential...

More mortgage product choice

March, 2023

Across the mortgage market product choice is increasing. According to Moneyfacts, there are more than 4,300 different deals available. This is the first time since August 2022 that product...

Buyers are ‘now in the driver’s seat’ as house prices fall in annual terms for first time since 2020

March, 2023

Annual house price growth turned negative in February, falling to its weakest level since 2012, according to the latest Nationwide House Price Index. House prices fell 1.1% year-on-year in...

Top Tips for an Organised Home

March, 2023

If it seems that no amount of cleaning can scrub away the ‘cluttered’ feeling in your home, a little bit of order could be all that’s missing. Here are some easy top tips to help...

Five things tenants should look for when moving into a new property

March, 2023

Moving into a new property can be expensive, especially when you factor in the rising cost of energy bills and living in general. That’s why CashLady.com’s Personal Finance Expert has...

Demand remains strong against relatively stable economic backdrop

February, 2023

The strong start to the year in prime central London (PCL) shows little sign of faltering, according to Knight Frank. After a weak final quarter in 2022, due to the mortgage market chaos...

Average house price has risen nearly £50,000 since start of 2020, says Halifax

February, 2023

Despite the recent dip in UK house prices, the average price of a home in this country is up almost £50,000 on average since the beginning of the pandemic. According to Halifax,...

Money Saving Tips to Save for a House Deposit

February, 2023

Saving for your first home is a lengthy and daunting process, which is why you’ll need a realistic plan in place to make your goals feel achievable. This year, many young people across the...

Bookish Britain: Moving to one of the UK’s top literary locations

February, 2023

Groucho Marx once said: "Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read.” He was right on both points. With so much doom and gloom out there at the...

Can the colour of your front door affect the price of your home?

February, 2023

Boosting your property's kerb appeal has long been regarded as one the most effective ways of making a good first impression and, in particular, when selling your home, key to influencing the...

UK housing value hits record high of £8.68trn

February, 2023

The total value of all homes across the UK reached a new £8.68trn high at the end of 2022, up 5.1% year-on-year, new research by Savills has revealed. With outstanding mortgage debt...

Cooling market sees rise in sellers being gazundered

February, 2023

If you've originally had an offer accepted when selling your home only to be hit with a new lowball offer from the buyer once the sale has started to progress, you have been Gazundered. And...

EPC ratings cause concern ahead of new rules in April 2023

February, 2023

Nearly one-fifth of UK landlords (18%) still have commercial properties with an energy performance certificate (EPC) rating of F or G, according to research by RSM UK. The audit, tax and...

3 in 10 agents sense more cash buyers in the market

February, 2023

30% of agents sense there has been an increase in cash buyers between November and January, according to the results of the Dataloft Opinion Poll. Over half (55%) of agents sense cash buyer...

Major lender warns of 25% house price drop in ‘downside scenario’

February, 2023

House prices could drop by almost 25% ‘start-to-trough’ or by as much as 40% in severe circumstances, Lloyds Banking Group has claimed. The lender made dire predictions in its...

Seven tips to help you afford a mortgage

February, 2023

There are many different ways of being able to afford higher mortgage costs without necessarily changing too much in your life or giving up the things you love. Sarah Thompson from Mortgage Scout...

Do you know what type of tenancy you have?

February, 2023

Despite 1 in 5 people across the UK privately renting and 44.16% in fixed-tenancy agreements, a recent survey has found that 14% of UK renters are unaware of what type of tenancy agreement they...

Small Space Design: How to Transform a Tiny Room

February, 2023

While nooks and crannies are cute and cosy, they aren’t always the easiest spaces to decorate. If your home’s smallest room or corner could use a touch of T.L.C., we've got a...

The most affordable commuter belt rental markets

February, 2023

Tenants across six major cities could cut their monthly cost of renting by as much as half by looking to surrounding towns across the commuter belt, according to newly released data from estate...

Rent values outperforming house prices

February, 2023

Despite the government’s best efforts, specifically, the abandoned plan to increase capital gains tax for landlords, the UK rental market has continued to strengthen over the past year....

Property transactions ‘remain surprisingly robust’

February, 2023

The latest HMRC property transactions data shows that the provisional non-seasonally adjusted estimate of the number of UK residential transactions in January 2023 is 77,390, 7% lower...

Your Guide to Finding a Retirement Property

February, 2023

Retirement housing has never been more popular – with greater life expectancy in the UK and more options on the market, it’s no wonder so many people are choosing to nestle into a...

Flipping days to sell

February, 2023

You batter be ready as Pancake Day takes place 47 days before Easter Sunday, 15 days under the average 62 days Rightmove report it takes to secure a buyer. A flipping 117 million pancakes...

Things to consider regarding recent mortgage rate decreases

February, 2023

Things to consider regarding recent mortgage rate decreases The team at www.onlinemortgageadvisor.co.uk analysed current mortgage rates, predicted if they’ll fall further, and...

10 Benefits Of Buying A New Build Home

February, 2023

It is easy to take one look at the current climate and feel uncertain as to whether now is a good time to move but new build homes are offering buyers greater security and ease in a fluctuating...

Tips to Make Your Home Appear More Spacious

February, 2023

Space isn’t just about square footage; it’s also about brightness, airiness, your personal wellbeing at home and the potential prospective buyers or tenants see when they come to...

More interest rate rises to come, warn experts

February, 2023

There are more Bank of England base rates to come, a group of property finance industry experts has warned. Personal finance comparison site Finder compiled an expert panel consisting of...

Property industry reacts to Rightmove House Price Index

February, 2023

The average price of property coming to the market remained broadly unchanged this month, as demand continued to improve, and sellers become more realistic on their pricing, according to...

Average asking prices remain flat ahead of selling season: Rightmove

February, 2023

Average new seller asking prices remain flat this month, rising by just £14 (+0.0%), the smallest ever increase from January to February and an indication that a higher number of sellers...

Rising mortgage costs threaten to impact an already fragile rental supply line

February, 2023

New Bank of England data has warned that monthly repayments for buy-to-let landlords are expected to rise on average by around £175 by the end of the year, seeing a fifth of landlords with...

LonRes: The prime London pandemic boom is over

February, 2023

Record numbers of prime properties were reduced in price last month as the pandemic boom is officially over, LonRes claims. Analysis by the property data company shows the number of prime...

Flying the nest: A guide to your first home away from home

February, 2023

If it’s time to spread your wings and fly the nest, you will need to make sure everything is prepared for the journey ahead. Use this handy guide to help you buy your very first home....

Average house prices fell -0.4% in December 2022.: UK HPI

February, 2023

Despite increasing by 9.8% in the year to December 2022, there was a reduction of £2,000 off the average house price between November and December 2022 - equating to a drop of 0.4%,...

Government urged to do more as rental supply crisis deepens

February, 2023

Almost a third of private landlords with a buy-to-let mortgage face the prospect of significantly higher costs this year, new research shows. Data compiled by research consultancy BVA-BDRC for...

Majority of landlords saw demand rise over the last 12 months

February, 2023

Turbulence in the UK property market has meant that many prospective homeowners have chosen to delay their first step onto the property ladder, holding out until stability returns to the market...

Mortgage approvals down while remortgaging soars

February, 2023

Uncertainty in the property market during the closing stages of 2022 has led to the number of mortgage approvals declining by more than 20% in the past year, according to research by Octane...

Transform your kitchen on a budget

February, 2023

Out of all the rooms in your home, the kitchen works the hardest, so it’s no surprise that it can start to look tired and worn over time. If you’re pinching pennies this year but your...

Is apartment living the way forward in 2023?

February, 2023

Homebuyers looking to purchase a new abode this year should consider an apartment if they’re looking for a secure, social and healthy living option. With the rising cost of living...

Fixed rates continue to fall as mortgage choice recovers

February, 2023

There has been a notable rise in mortgage product choice, surpassing 4,000 options on Moneyfacts records the first time since August 2022. The overall two- and five-year fixed mortgage rates...

Which road names top the house price table this Valentine’s Day?

February, 2023

Homes on roads with Love in the name remain the most sought-after this Valentine’s Day with an average sold price of £372,500, while those with Heart in the name have seen the largest...

7 budget-friendly ways to add value to your home in 2023

February, 2023

As the cost of living crisis intensifies for households around the country, the UK is predicted to be in recession for most of 2023 due to soaring inflation and rising interest...

Mortgage arrears low and little appetite for repossessions

February, 2023

Mortgage rates have hit the headlines for the last 5 months but rates of arrears remain low by long-term standards. Just 0.88% of all mortgages are in arrears of 1.5% or more, according to the...

Strictly Agents Dancing 2023 line up revealed

February, 2023

Industry charity, Agents Giving, is excited to announce that their annual industry charity ball will be held at Epsom Downs Racecourse in Surrey on Friday 14th July 2023 - marking a return of the...

Where in the UK strikes the right balance of independent shops and house price affordability?

February, 2023

House hunters looking for an area rich in independent shops have often been drawn to the capital, home of an estimated 325 businesses that operate with a single retail outlet, or are structured...

Majority of FTBs actively hunting for houses despite the cost-of-living crisis

February, 2023

The ongoing cost-of-living crisis has caused widespread financial misery for millions of households and prospective homeowners alike. Yet, despite continuing financial headwinds, the majority of...

Green shoots of recovery appear in the mortgage market

February, 2023

Confidence in the mortgage market is showing healthy signs of recovery following the disruption of the mini-budget in September 2022, judging by the latest mortgage market tracker report from the...

Landlords and tenants agree over the importance of EPC ratings

February, 2023

New research completed by property bridging loan broker, Finbri, has discovered 47.55% of UK landlords think EPC ratings are ‘Very or Extremely important’ when buying an investment...

Searches for money saving measures around the home surges as cost of living crisis barrels on

February, 2023

With many households searching for new ways to reduce their household bills, what are the most common solutions people are settling on? Eye-watering price rises in fuel, energy, and...

RICS: Property market remains subdued

February, 2023

Property professionals have started the year in a relatively less despondent mood compared with the end of 2022 but the market remains muted, according to the Royal Institution of Chartered...

UK property returns dropped sharply in Q4 2022

February, 2023

Returns on British property dropped 11.9% in the final quarter of 2022, marking the steepest quarterly drop since 2008, amid higher interest rates and tough economic conditions. According to...

Head over heels in love with your home?

February, 2023

Buying a home is like falling in love. You can expect to go through the same ups and downs, emotional tugs and pulls, and even similar stages. The one that got away? Don't panic, there are...

5 reasons why 2023 might be the right time to invest in buy-to-let

February, 2023

Every year, those thinking about investing in property for the first time and even current landlords ask themselves whether it’s the right time to expand their portfolio if they can. So,...

The areas seeing the biggest reductions in house prices

February, 2023

The pace of the UK housing market may have slowed somewhat over the past few months, yet many who are selling property are still chancing it and overpricing, before being forced to drop as demand...

Market analysis reveals current property hotspots

February, 2023

Britain’s housing market might be cooling but some areas are still seeing strong house price growth, according to research by eXp UK. The independent estate agent platform analysed Land...

Why property investment is a viable option for 2023

February, 2023

The property market has long been an important element of the UK economy. It has proved to be an excellent way to generate and accumulate wealth over the long term, either through personal...

Stability returns to UK house prices in January: Halifax

February, 2023

Average property prices remained relatively unchanged in January, following falls in December (-1.3%) and November (-2.4%), according to the latest data released by Halifax. Kim...

‘Short-lived’ rebound in house hunter demand

February, 2023

Demand from property hunters rebounded during the first few weeks of this year, amid slightly cheaper mortgage borrowing costs, but the ‘hangover’ in the UK housing market from last...

Making sense of Census 2021: population increase

February, 2023

In the decade up to 2021, the population of 30-somethings grew by more than 700,000 in England and Wales. Given that the average age of a first-time buyer is 33.8 years, that’s a lot...

Postcodes with fastest selling homes revealed

February, 2023

Homes in the HR3 postcode, located in Hay on Wye, sold quickest in 2022, according to a report by GetAgent. The comparison site’s analysis showed the Hereford location’s properties...

Base rate rise sees growing number of landlords considering alternative investments

February, 2023

Last Thursday saw the Bank of England raise the Base Rate once again, marking the tenth consecutive raise in another blow to mortgage holders. Now standing at 4%, this is the highest level since...

Average rents fall for the second consecutive month

February, 2023

Average rents in the UK are now £1,172 pcm after falling marginally by 0.2% against last month’s average of £1,174 pcm and marking the second consecutive month of falls,...

Buying a New Build: All You Need to Know

February, 2023

Buying a new build home is a slightly different process to that of buying a traditional house, but there are many benefits to be reaped from buying one of the most modern and up-to-date houses on...

Interest rates rise to 15-year high of 4% – industry reactions

February, 2023

Interest rates increased by another 0.5% to 4% yesterday as the Bank of England continued the fight against inflation with its 10th increase in a row. As well as the rates decision, governor...

Bank of England hikes rates to a 15-year high of 4%

February, 2023

The Bank of England's Monetary Policy Committee voted 7-2 in favour of raising the Bank Rate by 0.5% to 4%, marking the tenth consecutive rise, increasing the cost of borrowing across the...

Buyers 'priced out' of half of Britain's available housing

February, 2023

Just half of Britain's local authority districts can be considered 'affordable' for homebuyers, with the other half requiring a huge leap in earnings to be able to secure a mortgage. ...

North-South house price divide is narrowing - claim

February, 2023

The north-south house price divide may be narrowing, eXp UK claims. Research by the self-employed agency brand has found that while the traditional gap between house prices in the north and...

Bank of England set to raise interest rates to 4%

February, 2023

The Bank of England (BoE) is expected to increase interest rates for the tenth consecutive time today, adding to growing pressure on homeowners. It is widely expected that there will be a 0.5%...

Houses still most popular with new buyers

February, 2023

Houses remain the most popular choice for new buyers, but the proportion of prospective purchasers looking for apartments is on the rise. Hometrack report that over 30% of new buyers are...

Housing market continues to correct as annual house price growth eases further: Nationwide

February, 2023

Higher borrowing costs continue to dampen demand across the UK property market, pushing down on house price growth which has now eased to 1.1% this month from 2.8% in December, according to this...

UK housing activity slows sharply, new data shows

February, 2023

There was a significant fall in mortgage approvals last month, with transactions returning to levels last seen – excluding the Covid period – during the global financial crisis, the...

Rents in England up 8% year-on-year, but voids rise

February, 2023

Rents have held steady in recent weeks but rental void periods have markedly increased in certain regions, the latest Rental Index from Goodlord shows. The data, which also reveals that the...

Budget-Friendly Ideas to Upgrade your Home in 2023

January, 2023

After taking the tree down and stripping all the festive fun from your home, the space can often feel bare, and this may have an impact on your mood. Whether it’s a case of the January...

Legal & General: Demand for energy-efficient homes rose in December

January, 2023

Legal & General has today revealed which areas of the mortgage market are continuing to grow, despite the ongoing cost-of-living crisis. According to data from its SmartrFit platform, the most...

PRS 'vital' to country's economic and social life

January, 2023

A new report, published today and commissioned by the National Residential Landlords Association, has highlighted the importance of the private rented sector in terms of its socioeconomic role...

Prime London sales market stronger than expected so far in 2023

January, 2023

Despite all the doom and gloom surrounding a property price crash due to last September's mini-budget, the health of London's prime sales market remains relatively strong. But if buyers are...

Competitive bids wane as market starts stabilising - Rightmove

January, 2023

Average asking rents for new tenants outside London have risen to another new record of £1,172 per calendar month says Rightmove. This means average rents for newly listed properties rose...

Demand for property up as price sensitive buyers return to the market

January, 2023

Demand for residential properties picked up during the first few weeks of January in line with pre-pandemic levels, according to Zoopla. But the latest data shows that the start to 2023 is more...

How long will the property market slump last?

January, 2023

The latest research by estate agent comparison site, GetAgent.co.uk , has revealed that while 155,000 home sellers could be impacted by a drop in house prices, a period of house...

UK house prices ‘will be 10% lower’ by end of 2023

January, 2023

When Savills issued its most recent five-year house price forecast at the tail of last year it stated that the average UK house price would fall by 10% in 2023 when interest rates peak. The...

Four things first-time buyers should be aware of when purchasing a home

January, 2023

New data from Rightmove highlights that buyer demand has risen by 55% this month compared to the two weeks before Christmas. On top of this, the total number of buyer inquiries has edged 4%...

Property Market Outlook 2023

January, 2023

Dataloft's central (main case) outlook scenario for house prices is of a market slowdown and mild price falls. Lower transaction volumes but better than suggested by recent low mortgage...

Energy performance of homes now 'central' to buyer's decision making

January, 2023

Findings from Knight Frank’s latest sentiment survey have revealed that, alongside the rising cost of borrowing, the energy efficiency of a home is more important than environmental and...

Cash is king! Debt-free buyers pay 6% below asking price

January, 2023

Cash buyers are securing properties 6% below the average UK house price. Research by national agent Jackson-Stops has revealed the regions where the most savings can be made by buying with...

Buyers willing to pay more for a greener home - claim

January, 2023

Reducing gas and electricity bills is trumping environmental and regulatory concerns for buyers seeking more energy-efficient homes, research suggests. Knight Frank’s latest sentiment...

Rents rise again, with growth in London and Scotland outstripping inflation

January, 2023

Rents increased by an average of 8.27% between Q4 2021 and Q4 2022, with London and Scotland rents outstripping inflation, according to The Deposit Protection Service (The DPS). The protector...

UK faces chronic shortage of rental homes, alarming new data shows

January, 2023

A growing number of people are struggling to find homes to rent, as the supply-demand imbalance in the PRS continues to widen, new figures show. According to the newly released End of Year 2022...

Five easy ways to spruce up your home in 2023

January, 2023

Homeowners looking to stay put and improve their homes this year with easy and affordable changes, can follow advice from the home improvement specialists at Stormclad . With...

The UK's most attractive cities for BTL landlords

January, 2023

While London has continued to dominate the list of the most attractive cities for buy-to-let landlords for the second year running, according to new data from Simply Business, more northern...

Jump in buyer demand

January, 2023

Following two months of falls, average new seller asking prices rose by 0.9% in January 2023. This is the largest rise in prices at this time of year since 2020 and is indicative of sellers...

Cooling housing market amid ‘sustained period of financial difficulty’

January, 2023

The number of UK home sales dipped by 3% month-on-month in December, amid signs that rising mortgage rates and the wider cost of living crisis are having a negative impact on property...

Selling Up? Don’t set unrealistic asking price, warn agents

January, 2023

A substantial majority of agents say sellers are being unrealistic about the asking prices of their homes This includes landlord sellers quitting the sector because of increased bureaucracy and...

Majority of areas seeing a rise in rental yields

January, 2023

Rental yields across England and Wales have seen both an annual and quarterly increase up from 5.9% a year ago, and 5.4% in Q3 2022 to 6.2%, according to newly released data from buy-to-let...

Signs that imbalance in rental market is reducing as prices come under pressure

January, 2023

The supply of lettings properties is picking up, though there are differences across regions and price bands. There are clear indications that supply in the lettings market is growing...

Private rented sector on alert to cope with high student demand

January, 2023

As much as 75% of all purpose-built student accommodation (PBSA) at the nation’s top universities has already been taken for the next academic year, according to research by Stripe Property...

What to Look for in a Rental Property in 2023

January, 2023

As we step into a fresh New Year with resolutions at the ready, searching for a new home to rent might be one of the most exciting ways to kick-start 2023. Attending viewings is often an...

Greener, Smarter, Nimbler: 3 property trends to watch for in 2023

January, 2023

Yann Murciano, CEO at Blend, shares his insight on what trends are likely to emerge across the UK property market in 2023. We are undoubtedly living through times of...

Rent rises much smaller than many claim, government figures show

January, 2023

Private rents rose by 4.2 per cent in the year to December according to official government figures released this week - somewhat below the higher figures claimed by other organisations. The...

South East dominates ‘positive start’ to 2023 for property market

January, 2023

The South East of England has been the dominant region across the board this month for instructions, sales agreed and exchanges being completed, according to TwentyCi. Figures from the property...

Home Décor Trends for 2023

January, 2023

The New Year gives us the opportunity to assess our surroundings and figure out what’s missing. If you’re hoping to chase away those January blues with a spruce-up, you’ve...

Millions of homes lost value last year - Zoopla

January, 2023

One million homes have lost all their pandemic gains amid the financial turmoil at the end of last year, Zoopla claims. Each month, the portal tracks the value of the UK’s 30m homes and...

Agents warn of quieter market and ‘unrealistic sellers’

January, 2023

Estate agents have seen a more muted start to the year for seller and buyer activity but there is concern about how realistic vendors are being about pricing. Two separate surveys from agency...

Are you living in the wrong house?

January, 2023

While Christmas is traditionally a time for embracing your home and dressing it up to the nines to impress family and friends, once the decorations are down, feet can start to get itchy and so...

Agency listings activity hits 15-month low - RICS

January, 2023

The level of new listings coming to market is at its weakest since the end of the 2021 Stamp Duty holiday, new figures suggest. The December 2022 RICS UK Residential Survey show a further...

UK house prices up 10.3% in November – industry reaction

January, 2023

Residential property prices in the UK increased by an average of 10.3% in November compared with the same month in 2021, the Office for National Statistics (ONS) said yesterday, slowing from...

House price growth eases to 10.3% in November: ONS

January, 2023

The latest figures released by the government on UK house prices, albeit slightly historic but arguably the most accurate housing market survey data, have revealed that average UK house prices...

2023: The year of the Rabbit

January, 2023

This year, Chinese New Year falls on the 22nd January, beginning the Year of the Rabbit. The rabbit is one of 12 zodiac animals and it represents patience, peace and prosperity. Since the...

Are you earning as much as your home?

January, 2023

Homes are out-earning humans across half of all regions in the UK as annual house price growth eclipses the average wage, according to newly released research from property developer, Stripe...

Lots of property deals to be done as ‘serious buyers and sellers continue to engage’

January, 2023

The latest OnTheMarket (OTM) Property Sentiment Index (reporting on December 2022 data) has been released. It reminds agents that those who need to move carry on regardless, despite the recent...

Net Zero Targets - Why no help for private rental sector to meet them?

January, 2023

Propertymark is querying why there’s no help for the private rental sector to meet energy efficiency targets expressed in a new review led by a former Tory cabinet minister. ...

Greater awareness needed among homeowners about EPC ratings

January, 2023

With no end in sight for spiralling energy costs, many homeowners will be thinking about ways they can cut their energy bills to save money - including retrofitting to improve their home’s...

Mortgage activity slows ‘as borrowers expect rates to drop’

January, 2023

The latest LMS Monthly Remortgage Snapshot has been released, revealing remortgage market activity through December 2022. Key stats: £240 average monthly payment increase for those...

Majority of property investors set to further invest in 2023

January, 2023

Over 50% of UK property investors are set to further invest in 2023 despite continuing economic uncertainty, with additional activity planned by more experienced investors, according to a new...

Budget-friendly tips for a warmer home this winter

January, 2023

Energy bills have reached an all-time high, and to no surprise, the majority of us are on the lookout for ways to help save some money on hefty bills. Even more so as the cold, winter months set...

Analysis reveals extent of PRS growth over 10 years

January, 2023

The number of households renting privately has grown by 1.12m over the last decade, a study by Hamptons has found. The agency’s analysis of figures from the Office for National Statistics...

Census 2021 – Change in accommodation type

January, 2023

The recently published 2021 census data has revealed a change in the proportion of flats and houses in which households are living in towns and cities across the country. Of the 25 largest...

New Year sellers test the market with biggest asking price rise since 2020

January, 2023

Following two months of falls, average new seller asking prices rise again by 0.9% (+£3,301) this month - the biggest increase at this time of year since 2020, according to the latest data...

A guide to finding your new home in 2023

January, 2023

Finding a home that’s right for you in today’s market is similar to shopping for a specific item in a mega-store. With so much to choose from, you will need to check every possible...

Low stock and cost of living push rents to record high

January, 2023

Average rents continue their upward trajectory, fuelled by an ongoing cost-of-living crisis and heavily depleted stock and reaching an all-time high in Q4 2022, with the average UK room rent...

Supply of new properties for sale returns to 2019 ‘norm’

January, 2023

The supply of new properties for sale in 2022 returned to the ‘norm’ of 2019, according to new research from TwentyEA. The data reveals that supply was 4% down in 2019 as a whole....

Study reveals regions where new rental stock is lowest in 2023

January, 2023

Just over 22,000 new rental properties have reached the market so far this year, accounting for 16% of the rental homes currently listed on the market, according to analysis by Ocasa. On a...

Price hikes and limited rental stock troubling tenants in 2023

January, 2023

The rising cost of rent is the number-one concern for tenants as they look to the year ahead, according to research by Goodlord. The PropTech company surveyed 231 UK renters, with as many as...

Making sense of Census 2021

January, 2023

The census began recording mortgage status in 1991. The 2021 census marks the first time the data has shown that amongst homeowners, those that are mortgage free are now in the majority. In...

New forecast predicts double-digit price falls for homes in 2023

January, 2023

The Hargreaves Lansdown business consultancy is forecasting a 10.4 per cent drop in house prices from their peak, to take place by the end of this year. A new assessment of the market by the...

The areas of London where house price momentum in building the most

January, 2023

Recovery in the capital's struggling housing market is largely being driven by positive momentum in up-and-coming neighbourhoods, with some areas seeing price rises of up to 64.5%, according to...

Regional data uncovers six-figure house price plummets

January, 2023

House price drops since September 2022’s disastrous mini-budget have seen property in the worst-hit areas slashed by more than £315,000, according to House Buyer Bureau data. Former...

Latest data hints at prime London market movement in 2023

January, 2023

The number of exchanges in prime London markets in November 2022 was 16.2% higher than the same month in 2021 and 15% higher than the five-year average, according to Knight Frank analysis....

Homebuyers ‘priced back into the housing market’ as mortgage rates fall

January, 2023

Mortgage borrowing rates have started to fall following September’s significant leap, as lenders grow in confidence that market conditions have stabilised. The Bank of England has raised...

Beat the January Blues: Colour Schemes to Brighten up Your Home

January, 2023

As the festive reds, golds and greens vacate our homes until next year, the January blues often come to take their place. If stripping back all your Christmas decor has left you feeling in a...

Downsizing opportunities

January, 2023

Downsizing to a smaller home can be an opportunity for those looking to save money, and enjoy the equity freed from their home sale. The average price difference between a 3+ bed house and a...

Average sellers made a six-figure gain in 2022

January, 2023

House sale gains broke the £100k barrier for the first time, with average sellers in England and Wales who sold in 2022 having bought within the last 20 years making a record gross profit...

Interest rates could hit 4.75% this year

January, 2023

Further increases in UK interest rates this year look almost inevitable. The only question is how far policymakers will go, as pressure grows on the Bank of England to do more to get to grips with...

Property Trends for 2023

January, 2023

Are you looking to sell your home in 2023? Take a look at the top property trends buyers are looking for in 2023… Georgian gems ...

Where was the UK's 2022’s top price hotspot?

January, 2023

By the end of 2022, average asking prices for a home in Great Britain were 5.6% higher than in 2021 and 19.7% higher than in 2019, just before the pandemic began. But with virtually all of the UK...

Average house prices slip further in December: Halifax

January, 2023

The price of an average UK home fell by a further 1.5% in December as the rate of annual growth slowed in all nations and regions during the month, according to this morning's data from Halifax....

Rents drop as lettings market hunkers down for winter

January, 2023

The average rent in the UK is now £1,174 pcm, down 0.1 per cent from December after seeing the first month-on-month decrease in over a year. When London is excluded, the average rent in...

High demand keeps rental market on even course during December

January, 2023

The all-too-familiar combination of low stock and high demand helped to keep the rental market on an even keel during December, according to the latest market insight from Goodlord, with void...

Rental market expected to outperform sales market over next 5 years

January, 2023

An average of economists and housing market commentator forecasts over the next 5 years expect the rental market out perform the sales market, at 3.3% compared to 0.9% per year. The sales...

Energy efficiency growing priority for renters

January, 2023

Fresh research shows that a growing number of private renters are now looking to avoid an energy-inefficient property. A survey found that 58% of private renters would be less likely to...

Mortgage approvals sink to two-year low after mini-budget fiasco

January, 2023

Mortgage approvals dropped to the lowest level in more than two years in November, as high inflation and increased borrowing costs put a strain on household spending. The latest figures from...

Things to Look for When Moving to a New Area

January, 2023

Moving to a home in a new area is an exciting endeavour which can feel equally as daunting as it is exciting and while it is easy to get ahead of yourself when mapping out your new journey, no...

Zoopla records 42% ‘Boxing Day boost’

January, 2023

Agents put 11,613 new listings live on Zoopla during Boxing Day, the portal has revealed. That is a 42% increase compared with the same day in 2021 and almost five times the average number of...

Demand for super prime homes in London continues to grow

January, 2023

Appetite for homes valued at £10m and over in the capital keeps getting stronger despite a drop in demand across the rest of the prime market, according to the latest Benham and...

Majority of landlords optimistic about the future despite tougher market conditions

January, 2023

Almost half of UK landlords have said that it's tougher to be one now compared to last year, according to newly released data from Aldermore. However, the research also found that...

Preparing Your Home to Sell: What Not to Do

January, 2023

Selling your home can be surprisingly time-consuming and emotionally challenging. It is the single most valuable and personal asset you can put on the market, so it is important to take your...

Buy To Let Hotspots - the cities to look out for in 2023

January, 2023

Specialist mortgage lender Aldermore has named what it believes to be the five best cities for landlords to invest in for 2023. The lender analyses five key indicators that impact buy-to-let...

Relocating in 2023

December, 2022

Whether you are looking to relocate for work or you’re seeking out new horizons, packing up your belongings and waving goodbye to your friends and family can understandably feel...

Monthly sales growth slows as buyers hold off - HMRC

December, 2022

Property sales are yet to decline amid higher mortgage rates and the cost of living crisis but there are signs of a slowdown, HMRC data suggests. The latest property transaction...

Rental market cools amid severe cold weather

December, 2022

Following freezing temperatures and heavy snowfall this month, the number of tenancy applications being processed by letting agents has unsurprisingly fallen compared to 2021 levels, when the...

Top Tips to Attract Buyers in the New Year

December, 2022

Most people like to step into the New Year with plans for a new life, which is why such an influx of buyers appears on the market this time each year. If you’re amongst the population of...

Dataloft Days of Christmas Part 9

December, 2022

Christmas dinner is an essential part of the festive celebrations, but could you 'Grow-your-own?'. We had a look at the increasing number of households growing their own produce. Almost...

Revealed! The most searched-for locations of 2022

December, 2022

London has returned as the go-to destination for potential property buyers, Rightmove claims. The portal has revealed the most searched-for locations by users during 2022. During the...

House prices to edge lower by 5% in 2023: Nationwide

December, 2022

Nationwide says it will be hard for the market to regain momentum in 2023 with economic headwinds set to strengthen. A "relatively soft landing" may still be achievable for the...

Top 10 Tips for Hosting the Perfect Dinner Party

December, 2022

Now is the perfect season to welcome your friends and family into your home to share a meal you prepared for them. If you’re thinking about throwing your very own dinner party this year,...

Where is the most affordable region to rent in the UK?

December, 2022

Copeland in Cumbria is the area with the most affordable rent if you’re renting privately. Here, the average person earns £2,716 a month, but the average rental prices are...

Buyers call for government action on house supply

December, 2022

The UK’s house supply crisis will get worse without stronger government intervention, the National Association of Property Buyers has warned. According to Jonathan Rolande of the NAPB,...

Tenants renting longer and paying more - new survey’s findings

December, 2022

Over the last decade, the proportion of people aged 24 to 64 living in their own home has fallen and the proportion renting privately has risen according to a new analysis. Currently, 19 per...

Halifax predicts 8% house price fall in 2023

December, 2022

Halifax is predicting an 8% decline in house prices next year. The lender’s housing market review has forecasted that higher energy bills and rising employment will put pressure on...

Homeowners encouraged to check EPC ratings ahead of selling

December, 2022

MAB is encouraging more people to find out what their EPC rating is as it become increasingly a selling point. Mortgage Advice Bureau is encouraging would-be sellers to check their...

Dataloft Days of Christmas Part 8

December, 2022

The Central Council of Church Bell Ringers estimates it takes two and a half years to learn the basics of ringing bells. Fortunately ringing estate agents is a little easier. From booking...

Dataloft Days of Christmas Part 7

December, 2022

The festive season is in full swing, but some might have heard a few too many Christmas tunes already! More than 1 in 5 renters would pay a premium for noise insulation, making this the...

Interest rate hike a ‘a bitter pill to swallow’

December, 2022

Thousands of homeowners with tracker mortgages will see their mortgage payments go up by an average of £50 per month following the Bank of England’s decision to raise its base rate...

Data reveals drop in under offer prime London property

December, 2022

The number of homes in prime London going under offer during November was down 14.6% compared to the same month last year, according to LonRes data. The figures also showed that sales agreed...

Market sentiment index reveals surprising contrast in attitudes

December, 2022

Some 74% of active buyers in November remained confident that they would purchase a property within the next three months, according to the latest OnTheMarket Property Sentiment Index. The...

Bank of England increases rates 0.5%

December, 2022

The Bank of England today voted to raise interest rates by 0.5% from 3% to 3.5% – a level not seen since October 2008. The Bank of England today voted to raise interest rates by 0.5%...

Dataloft Days of Christmas Part 6

December, 2022

Father Christmas keeps reindeer as pets and although not many UK households own reindeer, we are still a nation of animal lovers. Nearly two-thirds (62%) of UK households now own a pet, up...

It’s a buyers’ market as demand drops by more than a third

December, 2022

The slowing housing market meant two thirds of sales agreed in November were below asking price. The latest report from Propertymark said 72% of branches made a majority of their sales last...

Property industry reacts to latest House Price Index data from ONS

December, 2022

The price of property in the UK has increased by 12.6% over the last year with the average now sitting at just below £300,000. The latest House Price Index figures from the Office for...

Annual house price growth hits 12.6% in October: UK HPI

December, 2022

Average house prices across the UK increased by 12.6% over the year to October, rising from 9.9% in September, according to the latest data released from the ONS and Land Registry. The...

Price falls next year will be hyper-local predicts Rightmove

December, 2022

Rightmove is predicting an average drop of just two per cent in asking prices next year - far less than many other industry commentators and, even at that level, open to substantial...

GUILD London Winter Market Report

December, 2022

Market recalibration Price moderation and a sales slowdown are likely over the coming months but should be considered in the context of economic history, the frenzied post-pandemic...

Top interior trends for 2023

December, 2022

Homeowners looking to stay put and improve in the current climate can spruce up their abodes and add value with top interior trends from home experts. Everyone loves having a fresh start in...

Top tips for decking the halls in a rental property

December, 2022

With Christmas just over a week away and the festive season in full swing, the majority of homes across the country are already decked out with twinkling lights, tinsel, and Christmas trees. But,...

Dataloft Days of Christmas Part 5

December, 2022

The North Pole has an average temperature of-31oC during the winter months. Although not quite as cold in the UK, its cold enough to put the heating on. For more than three-quarters of home...

Property remains one of the most reliable assets amid current economic chaos

December, 2022

A lot has been said about the future of property values. Following years of COVID-fuelled price booms, the economic uncertainty that much of the world now faces has led many commentators to...

UK house prices predicted to drop by at least 10% in 2023

December, 2022

Residential property prices look set to fall by at least 10% next year as increasing interest rates and a year-long recession trigger a slump in household spending, economists have forecast....

Dataloft Days of Christmas Part 4

December, 2022

As the story goes, one of the wise men gave the gift of gold but gifting a home might have been more financially prudent. The average price of a house in the UK is currently £294,559,...

Will the rental market ever cool off?

December, 2022

At LRG, we are currently seeing rental properties go within days and sometimes hours of being placed on the market. Rent is also increasing at a rapid rate, with the median average rent across...

Property industry reacts to Rightmove House Price Index

December, 2022

The average price of property coming to the market has dropped by over 2% this month, a bigger dip than usual at this time of year as some determined sellers price aggressively to tempt hesitant...

Rightmove predicts 2% asking price drop in 'hyper-local market' for 2023

December, 2022

Rightmove is forecasting a ‘less urgent’ market in 2023 and is predicting asking prices will drop by 2%. It comes as the latest data from the portal shows asking prices have fallen...

87% of homebuyers say "Ho-Ho-No!" to a Christmas house move

December, 2022

The additional stress of Christmas is enough to deter all but the most determined prospective homeowners from moving house over the festive period. In fact, research from London lettings and...

High demand continues to push up rental prices

December, 2022

Demand for rental homes is at an unprecedented level, with the average rent for a new letting having increased by £117 per calendar month (pcm) since last year, to reach £1,078pcm...

Banks set to ease mortgage lending rules as part of major overhaul

December, 2022

Mortgage lending rules look set to be relaxed as part of the biggest shake-up of UK banking regulation for more than 30 years. The government is widely expected to announce a major overhaul of...

UK rents hit another all-time high

December, 2022

Average rents in the UK have hit record levels once again, reaching £1,175 PCM - a 0.3% rise against last month, with all areas recording a year-on-year price rise. Figures from...

Lettings market continues to fly, says latest RICS survey

December, 2022

The headlines surrounding today’s new RICS market snapshot will concentrate on dramatic house price falls but the drop off in the sales market activity stands in contrast to clear growth in...

UK house prices see their biggest fall since 2008 – industry reaction

December, 2022

UK house prices fell by an average of 2.3% in November, a notable increase from the 0.4% reported in October, according to Halifax’s house price index. The drop in November is the largest...

Dataloft Days of Christmas Part 3

December, 2022

There may not be a train line to the North Pole yet, but with the country returning to pre-Coronavirus normality, people commuting via public transport is on the rise again. A shorter...

Halifax reports largest monthly house price fall in 14 years

December, 2022

"This month's fall reflects the worst of the market volatility over recent months" The average UK house price was £285,579 in November, falling 2.3% from £292,406 in the...

25 top tips to improve the chances of selling your home

December, 2022

Property prices are predicted to tumble over the coming months, with some experts warning the average seller could see the value of their home drop by up to £5,000. And with interest rates...

Cost of living: New average mortgage rates fall below 6%

December, 2022

New average two and five-year fixed-rate mortgages now have an interest rate of less than 6% for the first time for two months, data shows. Financial information service...

Which areas have seen house prices drop since last Christmas?

December, 2022

Despite average house prices remaining substantially higher across the vast majority of the UK than last Christmas, some areas have seen a decline, with all but one of them found within the...

Realistic pricing essential for year ahead, says trade body MD

December, 2022

The property market will provide plenty of opportunities in 2023 but realistic pricing will be essential, according to Kris Mclean, MD of The Guild of Property Professionals. While conceding...

What property professionals want heading into 2023

December, 2022

New poll reflecting on 2022 and looking forward to 2023 has revealed that almost two-thirds of property professionals primarily want interest rates to fall next year. The webinar survey,...

Dataloft Days of Christmas Part 2

December, 2022

We grow around 7 million Christmas trees in the UK each year. 2240 ha of land would be needed to grow that many trees, the equivalent of 120,000 average-sized UK gardens. Nordmann Fir...

A quarter of Brits set to sell their homes for energy efficient alternatives

December, 2022

The ongoing cost-of-living crisis has seen a sharp rise in interest for homes with greater energy efficiency, with one in four homeowners now indicating that they plan to sell their home to buy a...

November sees rents cool of and voids lengthen

December, 2022

It wasn’t just temperatures that cooled in November: rents across England were also down. At the same time, void periods were inching up, as were tenant salaries. And although winter...

“Housing affordability … has become much more stretched” – Nationwide House Price Index

December, 2022

The latest Nationwide House Price Index shows that annual UK house price growth slowed to 4.4% in November, down from 7.2% in October. Month-on-month prices fell 1.4%, the biggest fall since...

Dataloft Days of Christmas Part 1

December, 2022

As households across the nation dust off the age-old recipe for gingerbread houses, we’ve taken a look at what house builders have cooked up recently. Close to 200,000 new homes were...

Football fever kicks off at home

December, 2022

The 2022 FIFA World Cup is well under way but football fever starts at grassroots levels in the UK, on the local playing fields scattered throughout our towns and villages. There are more...

Buyers prepared to pay up to 20% premium for low carbon homes

December, 2022

The last year has seen the UK’s energy system plunged into chaos, with an expected rise in the energy cap in April next year projected to see 11% of average household income spent on energy...

Festive DIY Activities for The Whole Family

December, 2022

Christmas is all about spending time at home with family, and there’s no better way to do so than with fun and easy crafts! Here are some of our top DIY activities for the whole family to...

Landlords - buy at discount now or wait for bigger price falls?

November, 2022

There’s a dilemma for landlords wishing to expand their portfolios - do so now, just as some buyers are offering discounts? Or wait longer in the hope of bigger price falls? Land Registry...

Budget-Friendly Ideas for Hosting your First Christmas

November, 2022

Hosting Christmas day is no easy task, and with a budget in mind, you will need to focus your time and spending on the key things that make Christmas day at home special. Here are some...

BoE figures show decline in mortgage approvals – industry reaction

November, 2022

Latest figures from the Bank of England show that mortgage approvals for house purchases decreased to 59,000 in October from 66,000 in September. The ‘effective’ interest rate...

Spray foam warning issued for sellers amid new Eco scheme

November, 2022

The Government is being urged to exclude spray foam insulation from its new Eco+ scheme aimed at improving the energy efficiency of the UK’s existing housing stock. A consultation is...

“The housing market is finally delivering some cold hard truths” – reaction to Zoopla’s latest data

November, 2022

The news from Zoopla that a quarter of homes for sale have reduced asking prices and that annual house price inflation is now down to 7.8% will not have come as a surprise to most agents. It...

House price inflation slows to 7.8%: Zoopla

November, 2022

The UK’s current house price inflation has slowed to 7.8%, the slowest rate of growth recorded since November last year, Zoopla’s latest house price index reveals. The data shows...

First-time buyer hopes scuppered by cost-of-living crisis

November, 2022

More than a million under-45s in the UK could rule themselves out of the first-time buyer market due to pressures caused by the cost-of-living crisis, an Aviva study has found. The survey...

Top Tips to Decorate Your Home for Christmas

November, 2022

It’s beginning to look a lot like Christmas, and if your home isn’t ready yet, it is time to get the boxes out of the attic, set up the tree and get the Christmas tunes going. However,...

Top ten mortgage lenders

November, 2022

The UK's top ten mortgage lenders lent an eye-watering £260 billion in 2021, increasing their market share to 84.4%, up from 82.4% in 2019 (data released in August 2022, UK Finance)....

Buyers look to rentals until mortgage clarity emerges - Rightmove

November, 2022

Would-be buyers are looking to the rental market as they pause their property purchase plans until there is clarity on mortgage rates in the new year, Rightmove claims. It comes as a survey by...

How to be a Good Landlord During the Festive Season

November, 2022

Christmas is the time to gather with family, relax around the fireplace and enjoy some time off, but before you do, you will need to make sure everything is in order with your properties, so that...

Stunning Locations - The most beautiful places to live in England

November, 2022

Mortgage experts at money.co.uk analysed local authority areas in England to discover how much it costs to live in the most beautiful areas. Of course, beauty is subjective but...

Residential properties driving greenhouse gas emissions

November, 2022

The way residential buildings are constructed, insulated, heated, ventilated and the type of fuel used, all contribute to their carbon emissions, and can now seriously impact on the cost of...

Renters renew contracts

November, 2022

Renters are more likely to renew their tenancy if they are renting through an agent than directly through a landlord, 75% compared to 68% (Property Academy). Yet nearly half of all private...

Boost for buyers as average mortgage rates dip back below 6%

November, 2022

Mortgage borrowers who paused home purchasing plans may be getting a respite from rising rates after new data shows average pricing is coming down from highs of 6%. Analysis by comparison...

Property transactions edge higher – industry reaction

November, 2022

Seasonally adjusted residential property transactions reached 108,480 in October, a 38% increase on the corresponding month last year and a 2% rise on the previous month. According to HMRC,...

Applicants up, properties down - rents soar in prime London

November, 2022

Rental value growth remains firmly in double-digits in prime London postcodes as demand continues to outstrip supply, according to Knight Frank. The number of new prospective tenants was 60 per...

Well-Being Paradise: The healthiest places to live in the UK

November, 2022

One of the biggest aspirations in life is to settle in a place where you truly feel happy. This means finding somewhere that mentally and physically fulfils you, and many external factors can...

Stamp duty cuts incentivise downsizers more than first-time buyers

November, 2022

The recent cuts to stamp duty are more likely to tempt downsizers to take the plunge in the property market than potential first-time buyers, according to research by developer Anwyl Homes. A...

How to reduce risk when investing in a grade listed building

November, 2022

Due to architectural or historical significance, 'listed' buildings are those which are recorded on a national register with the aim of protecting and maintaining these structures for future...

Selling a House: 5 Things No One Tells You

November, 2022

Whether it’s your first time selling a home, or it’s your first move in a long time, there are a few things you may not know about or expect. It’s important to know all of the...

Autumn Statement 2022

November, 2022

The Chancellor pledged to face the economic storm, as he announced widespread spending cuts and tax rises in his Autumn Statement on 17th November 2022, to tackle inflation and escalating...

Top tips for a stress-free festive move

November, 2022

Moving home at any time of the year is often cited as one of life's most stressful events, so it's a little surprising that thousands opt to take on this mammoth task while also having to contend...

First-year homeownership costs soar to £76,000

November, 2022

Average homebuyers across England are now paying almost £76,000 during the initial year following a property purchase and climbing to as high as £209,329 in some areas of the...

Housing market starting to improve for buyers, agents say

November, 2022

The latest Propertymark Housing Insight report reveals that the number of new buyers registering per member branch dipped to 64 in October – down from 83 the month before. The figure...

Autumn Statement unveils council tax, CGT and stamp duty changes

November, 2022

Chancellor Jeremy Hunt warned tough times were coming ahead of his Autumn Statement yesterday and agents were left with plenty to contemplate from the latest fiscal update. In an Autumn...

Chancellor sets deadline for Stamp Duty cuts

November, 2022

Jeremy Hunt announced in his Autumn Statement that Stamp Duty would rise in April 2025. Chancellor Jeremy Hunt (main picture) has promised to keep Stamp Duty cuts in place until the...

How to Prepare your Home to Host Christmas

November, 2022

Whether it’s your first Christmas hosting or you’ve lost count, there will always be new tricks to learn which would make the whole event run much smoother. Preparing the home...

Properties selling faster as stability returns to the market

November, 2022

Residential properties are selling faster as mortgage offers secured before rate rises focus buyers’ minds, according to OnTheMarket (OTM). The latest property index sentiment...

Autumn Statement: What agents want from Chancellor Hunt

November, 2022

Chancellor Jeremy Hunt will have a go at balancing the nation’s books today and the main thing agents seem to want is stability. It comes after his predecessor Kwasi...

Need to move

November, 2022

Home moves can be triggered by dreams and desires as much as necessity – as proven by the post-Covid trend for a lifestyle change. However, almost a third of moves were...

Fall-throughs up and under offers down as prime market pauses

November, 2022

Fall-throughs are up and the number of properties under-offer in prime London areas has fallen below the pre-pandemic average for the first time since June 2020, new figures show. Monthly...

Mortgages to swallow an extra 3.1% of income due to rate rises

November, 2022

Rising mortgage rates are now likely to see the average annual cost of a mortgage repayment consume 27.9% of average household income, according to research by House Buyer Bureau. The figure...

How to Find the Right Rental Property for You

November, 2022

If you’re looking for your next rental home, it’s important to make a checklist for all your wants and needs, while also keeping an open mind to any possible deviations. If...

Record value growth across all property types, new data reveals

November, 2022

Properties of all types across the UK have risen in value at record rates over the last three years, according to Legal & General valuation data. The figures show valuations for houses have...

Property industry reacts to latest drop in house prices

November, 2022

Asking prices for residential properties across the UK are falling and there are signs that the fallout from the mini-Budget bond market rout is weighing on first-time buyers, Rightmove said...

Rents to outpace house prices for years to come - agent

November, 2022

Rent rises are predicted to outpace house price growth over the next five years. This is according to Nicky Stevenson, managing director of Fine & Country UK, who says a shortage of...

Sales rates still high

November, 2022

The lag in housing market data means that key indicators for the UK sales market are not yet fully reflecting the pressure on affordability created by higher inflation and rising interest...

Home Additions to Consider this Winter

November, 2022

The year is drawing to a close, the winds are starting to bite and the evenings are getting darker; is your home cosy enough yet? Making home improvements over the winter is a great way to prepare...

Competitive pricing drives 'seasonal' November house price drop: Rightmove

November, 2022

Despite continuing financial uncertainty, the 1.1% drop in the price of property coming to the market this month is in line with the average drop recorded in November during the pre-pandemic...

Rents pass new milestone as market remains red hot

November, 2022

The average rent on a newly let home in Britain rose has hit £1,204 pcm - passing the £1,200 mark for the first time. Annually the average rent on a newly let home is now £960...

Revealed: the area with “mountain to climb” over EPCs

November, 2022

The north of England has a home energy efficiency mountain to climb, with poorly insulated homes costing tenants at least £680 more this year than they would if properly insulated. ...

Home buyers ‘are getting used to the new normal’

November, 2022

October was a bad month for the UK property market and prime London postcodes did not escape unscathed from the uncertainty that followed the mini-Budget. Data provided by Knight Frank shows...

Buyers secured almost 15 days quicker in 2022

November, 2022

The UK housing market is moving at pace in 2022, with the nation’s estate agent’s securing a buyer in an average of 84.7 days, 14.7 days quicker than they were in 2021 - equating to a...

On It Goes - RICS says rental market shows no sign of slowing

November, 2022

The latest market snapshot from the Royal Institution of Chartered Surveyors shows another robust performance for lettings. RICS says tenant demand continues to rise at a solid pace, with a net...

RICS: Housing market continues to stall

November, 2022

The Royal Institution of Chartered Surveyors (RICS) has warned of a further weakening of the property market as buyer caution increases. The trade body’s latest Residential Market Survey...

Which UK cities have the most homes listed per agent?

November, 2022

Liverpool is currently the UK’s busiest city for estate agent activity, with an average of 21 listings per agent, according to property market analysis by GetAgent. The comparison site...

Biggest interest rate rise in 33 years … but smaller increases expected from here

November, 2022

On Thursday 3rd November 2022, the Monetary Policy Committee voted to raise interest rates by a further 0.75 percentage points to take interest rates in the UK to 3%. This is the biggest...

Demand accelerating for energy-efficient homes

November, 2022

Nine in ten estate agents have reported that demand is rising among homebuyers for properties with greater energy-efficiency, according to newly released market research from Santander. ...

Top Tips to Save Energy This Season

November, 2022

December is arguably the most expensive month of the year, and as it approaches, many people will be looking for ways to cut down on costs and free up some room for their gift budgets. With the...

Average rents continue their upward trajectory

November, 2022

Average rents in the UK have risen again reaching £1,171 PCM, up 1.0% from last month, according to the latest figures released by HomeLet. HomeLet's data revealed that every area...

How to Create a Cosy Atmosphere in Your Home

November, 2022

The winds are turning brisk, the leaves have succumbed to their final colours and hedgehogs are curled up in hibernation. Winter is all about transitioning into a state of renewal, and while the...

The importance of community

November, 2022

Humans are social animals, forming societies and seeking contact with others for well-being purposes. It is not therefore surprising that buyers and renters look for a sense of community in...

UK house prices fall as market continues to slow

November, 2022

Average house UK home prices fell by 0.4% in October compared with a month earlier, according to the latest house price data for October. The annual rate of growth dropped to 8.3%, down from...

Significant increase in properties to rent

November, 2022

There is good news for renters in London this morning as new data shows signs of the market stabilising and more properties become available to rent The latest figures from Chestertons suggest...

Bank of England hikes rates to whopping 3.00%

November, 2022

Governors of the Bank of England today voted to raise interest rates by 0.75% from 2.25% to 3% – the highest one day rise in 30 years. The Governors of The Bank of England...

Bank of England set to confirm biggest interest rate hike in 33 years

November, 2022

Another rise in UK interest rates today is inevitable. The only question is how far policymakers will go at their meeting this morning, as pressure grows on the Bank of England to increase...

Sales volumes likely to be lower in 2023 as affordability becomes more challenging

November, 2022

With rising interest rates and more challenging affordability (especially for first-time buyers), sales volumes will likely slow in 2023. Uncertainty has an impact on housing market...

Sharp rise in property sales falling through amid rising mortgage rates

November, 2022

The number of property sales falling through has increased for the first time since the height of the pandemic market boom, according to analysis by House Buyer Bureau. The latest HBB index...

Guild CEO: affordability controls market, not mortgage rates

November, 2022

Affordability rather than rising mortgage interest rates should be the focus within the property market, according to Iain McKenzie, CEO of The Guild of Property Professionals. McKenzie...

Property industry reacts to fall in UK house prices

November, 2022

UK house prices fell last month for the first time in more than a year as the market chaos sparked by the government’s “mini” Budget drove up borrowing costs and hit household...

Estate agents currently selling almost a fifth of all homes listed

November, 2022

According to new figures from GetAgent, estate agents across England and Wales have registered just over 43,000 transactions per month over the last three months – meaning they’ve sold...

Change EPCs and use stamp duty to make homes greener - call

November, 2022

With the private rental sector stressed at the prospect of stricter energy efficiency rules in the coming years, the body representing mortgage lenders has called for a dramatic overhaul. UK...

Average rental costs cool in October

November, 2022

Average rental costs fell to their lowest levels since June, dropping by 11% in October and taking some of the intense heat out of the lettings market as we head toward winter. ...

Ideas to Spruce Up Your Spare Room

November, 2022

If you haven't made use of one of your rooms for a while, it might be time for a spruce-up. To help you get your spare room looking as stylish and cosy as the rest of the house, we've compiled our...

The rising costs of home maintenance

November, 2022

As households continue to battle with the ongoing cost of living crisis, some of the most common maintenance jobs have also become more expensive, climbing by as much as £60 during the last...

Cash remains king across the UK property market

October, 2022

Due to the unpredictability of the current mortgage and property market in the UK, the advantage of being a cash buyer is becoming more apparent, with growing opportunities for mortgage-free...

Bank of England expected to hike interest rates to 33-year high

October, 2022

The Bank of England is preparing to unveil the biggest hike in interest rates for 33 years this week as the central bank continues its efforts to curb inflation. Most economists think the...

Spooky stats

October, 2022

Halloween spend in the UK in 2022 is forecast to be £687 million, up 15% on last year (Finder). This growth in spending, spookily, almost matches the house price growth over the last...

UK house prices to fall as mortgage rate hike hits ‘buying power’

October, 2022

Higher mortgage rates could take up to 5% off residential property prices next year, according to Zoopla. The recent spike in mortgage rates represents the largest interest rate shock for new...

Ministers swap seats at DLUHC … yet again

October, 2022

Both Andrew Stephenson and Paul Scully are moved to other posts in government with Lucy Frazer coming in. Two DLUHC ministers have been moved to other positions in government as the endless...

Vast majority of estate agents would sell a haunted house, because they've seen far worse

October, 2022

A new survey of over 500 UK estate agents has revealed that an overwhelming majority would happily list a haunted house for sale, with some also stating they would add a price premium when doing...

House prices to fall by 8% next year, Lloyds warns

October, 2022

Lloyds Banking Group has predicted that house prices will fall by 8% in the next year. The group – which is the UK’s biggest mortgage lender and owns the Halifax brand – has...

ONS energy efficiency figures fuel fears over 2025 rental regulation

October, 2022

Private rental homes in England and Wales have a median energy efficiency rated in band D, the latest figures from the Office of National Statistics have revealed – prompting concern that...

The best performing Halloween themed road names

October, 2022

House hunters who are put off buying a home on street with a scary name may think again as recent research has shown that many homes with a Halloween connection have seen hair-raising price rises...

Selling a Property with Tenants: All You Need to Know

October, 2022

If you are a landlord grappling with the prospect of selling a property with tenants, it is important to understand all the ins and outs of the process. Let’s look at everything you need to...

Build to Rent homes to increase five-fold

October, 2022

The stock of Build to Rent (BTR) homes in the UK is forecast to increase five-fold over the next 10 years from 76,800 today, to 380,000 in 2032, according to the British Property Federation...

The end for Help to Buy - but who has it helped?

October, 2022

Buyers have until 31 October to reserve a new build and apply for Government-backed finance before the government’s Help to Buy Equity Loan Scheme officially ends. The initiative was...

Gove urged to 'go further' on return as Housing Secretary

October, 2022

Estate agents have already filled Michael Gove's inbox with property-related tasks after he returned as Housing Secretary yesterday. New Prime Minister Rishi Sunak gave Gove the Levelling...

Rents edge up in the UK, but growth is largely unchanged

October, 2022

Average UK rents rose by more than 2% for the second quarter in a row during Q3 2022, according to The Deposit Protection Service (The DPS). The UK’s largest protector of deposits said...

Do you think your home could be more energy-efficient?

October, 2022

If you’ve wondered whether your home could be more energy-efficient, you’re not alone. Research by property maintenance solution provider, Help me Fix, has revealed that a whopping...

PRS housing stock in England predicted to exceed 5 million homes by 2025

October, 2022

Following almost 20% growth in the past ten years, England’s Private Rented Sector could exceed 5 million homes by 2025, according to the latest estimates from Ocasa. During the...

Sunak will not stop house price falls - warning

October, 2022

The coronation of Rishi Sunak as the new Prime Minister has been broadly welcomed by much of the property establishment but there’s a warning that he will not stop house prices from falling...

Ready for Rishi? Sector hopes for market clarity under PM Sunak

October, 2022

Property professionals are hoping for calmer markets after Rishi Sunak was confirmed as the new UK Prime Minister yesterday. Sunak won the Tory leadership race after rival Penny Mordaunt pulled...

Apartment Living: How to Make the Most Out of Your Space

October, 2022

It doesn’t matter whether you’re dealing with a large or small space, having a well-thought-out design plan will ensure that you’re making the most out of your apartment....

Swap rates show fall in borrowing costs

October, 2022

Recent political instability added to volatility in the financial markets and pushed up the cost of borrowing. Swap rates are a good indicator of what to expect in borrowing costs because...

Pound extends gains as Rishi Sunak poised to become new prime minister

October, 2022

The pound extended gains after Boris Johnson dropped out of the race to be the next Conservative Party leader last night. The pound was rallying as much as one per cent to $1.1401 in early Asia...

UK housing market remains ‘steady’ despite economic uncertainty

October, 2022

Residential property transactions dropped sharply last month the latest figures show, and yet there is plenty of room for optimism. According to HMRC, transactions fell by 37% year-on-year in...

The Spookiest Places to Live in the UK

October, 2022

The UK has such a rich and varied heritage, so it comes as no surprise that spooky stories and ghost sightings are endless. To get you in the Halloween spirit, we’ve found the UK’s...

Is now a good time to invest in BTL?

October, 2022

Investing in buy-to-let has always been popular. However, with the best returns usually made during times of low-interest rates, investors already battling with the ongoing cost of living crisis...

Rents hit new record as city tenants look to downsize

October, 2022

Average asking rents for new tenants outside of London have increased to a new record of £1,162 per calendar month (pcm). This quarter’s increase of 3.2% is only the third time on...

‘Green’ mortgage discounts a key tool in encouraging upgrades

October, 2022

Energy efficiency discounts could be a key tool in helping landlords make the energy efficiency upgrades necessary to achieve an energy performance certificate (EPC) rating of C or above,...

The Guild Wins Best Estate Agency Network at The ESTAS

October, 2022

On Friday 14th October, The Guild of Property Professionals walked away with the coveted ESTAS award for The Best Agency Network as rated by home movers across the UK, based on the average ratings...

Homeowners start to downsize in response to cost-of-living crisis

October, 2022

There are growing signs of changing trends in the housing market as more homeowners appear to be downsizing in the face of the cost-of-living crisis. According to the Q3 Property &...

Silent boom: Off-market property sales hit £30.9bn

October, 2022

Britain’s secret property market, or to be more specific, properties that were sold off-market, saw a huge increase in numbers during 2021 - equating to almost £30.9bn worth of...

Average house price nears £300,000 despite cost-of-living crisis

October, 2022

Residential property prices increased by an average of 0.9% in August to reach £295,903, according to the latest HM Land Registry data. On an annual basis, prices rose by 13.6% over the...

Low fees? What's more important?

October, 2022

Just 11% of sellers include ‘lowest fee’ in their top five reasons for choosing their agent, and only 6% of vendors choose their agent solely for this reason. The 2022 Property...

29 tenants for each rental vacancy in London

October, 2022

Figures from London-focussed agency Foxtons suggest that rentals have reaching the highest ever weekly price in the capital. The average in September was £553 per week, breaking June...

London sales market returns to strength

October, 2022

A weakness in the pound, in US dollar terms, is now making London's property market more attractive, while overheating outside of the capital indicates more realistic pricing in regional markets,...

How to make sure your new home is energy efficient

October, 2022

With energy bills rising and the government announcing yesterday that support will be reviewed from April next year, energy efficiency is high up on the list of priorities for many buyers and...

Agents tell Truss & Co - “get realistic” over EPC rental targets

October, 2022

The agents’ trade body Propertymark says the government must “get realistic” over the difficulties involved in reaching Net Zero targets when dealing with older properties in the...

Low stock continuing to dictate house prices: Rightmove

October, 2022

Despite rising interest rates, easing buyer demand, and wider economic challenges impacting the UK property market, a continuing lack of available homes to buy has pushed house prices up to a...

New chancellor Jeremy Hunt to deliver key mini-budget statement today – industry reaction to his appointment

October, 2022

Jeremy Hunt, appointed to replace Kwasi Kwarteng as chancellor on Friday, will make a statement later today, bringing forward measures from the Medium-Term Fiscal Plan that will support fiscal...

Affordability could hit historic levels

October, 2022

Significant rises to mortgage interest rates will mean fewer first-time buyers able to get on the housing ladder. New borrowers won’t have the luxury of existing low rates. We tracked...

Your extensive guide to probate property

October, 2022

We have all heard the age-old saying that knowledge is power, and this certainly rings true when it comes to the ins and outs of the property market. The best way to stay one step ahead for...

Keen To Be Green - Britons becoming more eco-aware

October, 2022

Another bank survey has been released, suggesting a surge in interest in energy-efficient homes in the UK. NatWest’s Greener Homes Attitude Tracker is conducted on a quarterly basis and...

Demand is cooling but sellers' market remains for now - claim

October, 2022

Buyer demand is cooling but the property sector still remains in a sellers’ market for now, new analysis claims. The latest National Hotspot Index from housing market consultancy...

New buyer demand and property sales have fallen since mini-Budget – Zoopla

October, 2022

Home buyer demand has dropped by a fifth – 21% – since the recent mini-Budget announcement, while supply has increased as some worried property owners seek to exit the housing market....

Tenants with Pets - protection for landlords key to progress

October, 2022

A group wanting pets to be allowed in private rental properties says its research shows the issue is not opposition from landlords, but an absence of protection. The National Office of Animal...

RICS: ‘Storm clouds are visible in the housing market’

October, 2022

New research from the Royal Institute of Chartered Surveyors (RICS) has highlighted further lost further momentum in the housing market during September, with new instructions and property sales...

Are renters actually better off today than they were last year?

October, 2022

Despite the increasing cost of rent, when prices are adjusted for inflation, renters are actually better off today than they were last year, according to new research from Ocasa. The...

Industry welcomes clarity after government commits to scrapping Section 21 evictions

October, 2022

The government’s pledge to proceed with the planned ban on Section 21 no-fault evictions has been welcomed by some property possessions, despite the disappointment felt by many buy-to-let...

No fault evictions will be banned, says Liz Truss

October, 2022

Landlords in England will be banned from evicting tenants without giving a reason, Prime Minister Liz Truss has confirmed. On Tuesday, the government said no decisions had...

Attract buyers to your home so you can get moving

October, 2022

Even in a competitive market, buyers remain highly selective when it comes to choosing a new home. So, when it comes to getting ready for viewings and advertising online, it is important to...

A vibrant high street still important to house hunters

October, 2022

Brits still love their local high street despite the pandemic fuelling a shift towards online shopping, with new research finding that the quality of local high streets is still an important...

Energy efficiency in the PRS ramping up due to cost of living crisis

October, 2022

A rise in energy efficiency improvements across the UK’s private rented sector is being driven by the cost of living crisis, with 58% of renters indicating that they would be less likely to...

Buyers attracted to energy efficient new homes

October, 2022

The attention focused on energy bills and the cost of living crisis might be influencing more people to consider buying a new home. Over half (51%) of home buyers would consider buying a new...

Government may scrap plans to abolish Section 21

October, 2022

The government may be changing its mind on scrapping Section 21 eviction powers according to a bombshell story in The Times. Outlining what appears to be a government-leaked set of...

Is there still time to sell your home by Christmas?

October, 2022

Low levels of housing stock could mean good news for those looking to sell their homes before Christmas this year, as the latest market analysis suggests that there is still time, but you'll need...

Things to Consider Before Downsizing

October, 2022

Downsizing can be a great way to make a profit on your home and save on some monthly expenses, but unfortunately, it’s not as straightforward as it sounds and there are a number of...

Sharp rise in holiday let deals as more lenders enter the market

October, 2022

There has been a significant increase in demand for UK holidays in recent years and mortgage lenders have now responded by offering buy-to-let landlords looking to invest in this area of the...

Interest rates expectations have jumped, but improved a little

October, 2022

As widely reported, the Chancellor's mini-budget spooked markets and resulted in the value of the pound sliding and interest rate expectations jumping up. Swap rates are often used as an...

First-Time Landlord? Best Questions to Ask Your Estate Agent

October, 2022

Are you looking for your first buy-to-let investment? Before you fall head-over-heels for a property, you will need to make sure that you are asking your estate agent all the right questions....

Price rises of up to 5% into 2023 still possible, says property expert

October, 2022

House prices in some regions of the UK could continue increasing, despite concerns over the economic downturn and forecasts of house price falls of up to 10% in 2023. Jonathan Rolande, the...

Halifax HPI – house prices dip slightly as market shows more signs of slowing

October, 2022

House prices fell marginally (down by 0.1%) in September as the market displayed further signs of slowdown. That was according to Halifax’s latest House Price Index, which was released...

Are letting agents in the dark over Right to Rent?

October, 2022

From 1st October, the UK government has introduced new rules for both Right to Work and Right to Rent, with any letting agents who fail to comply with the guidelines leaving themselves vulnerable...

Housing market showing further signs of slowing: Halifax

October, 2022

Average house prices dipped slightly in September to £293,835 from their record high of £293,992 the previous month. This, alongside a growing number of regions that have seen annual...

Adults set to boomerang back to parents to cope with cost of living

October, 2022

According to a new study by Aviva, a fifth of independently living adults are contemplating moving back in with parents to cope with the ever-rising cost-of-living in the UK. The research,...

Mortgage rates set for another big rise today as lenders revise deals

October, 2022

The UK’s largest mortgage lenders will raise rates this morning as the cost of new fixed rate deals continue to rise. The Halifax, part of Lloyds Banking Group, will put up the interest...

Home buyers want financial advice

October, 2022

84% of home movers seek financial advice at some point during the buying process. The majority (64%) do this prior to purchasing. Of movers who seek advice and require a mortgage, 39% use an...

England's current rental demand hotspots

October, 2022

Following strong quarterly growth of 7% between Q2 and Q3 of this year, rental demand across England is currently sitting at 46%, with some areas seeing demand up by as much as 15%. ...

Agents facing falling demand as asking price cuts rise

October, 2022

Property demand has dropped while price reductions have increased in recent weeks, data shows. Two separate pieces of industry data give new insight into the health of the property market and...

Top Tips to Attract Autumn Buyers

October, 2022

Summer may be the peak time for rampant market activity and competition, but as autumn swings around, the fresh breeze blows in a new audience of buyers with an appetite for cosy and comfy...

The Negotiator Awards 2022 Shortlist

October, 2022

PRESS RELEASE: 29th September 20 22 , 12 noon FOR FURTHER INFORMATION, PLEASE CONTACT : GRANT LEONARD, PUBLISHING DIRECTOR: 0844 745 3100 grant@thenegotiator.co.uk The...

Mortgage product choice dropped by almost half in September - data

October, 2022

The choice of mortgage products for borrowers dropped by almost half during September, new figures show. Thousands of mortgages were withdrawn and priced higher last month after the Bank of...

House price growth slows to 17-month low

October, 2022

Annual house price growth slowed to single digits in September and was flat on a monthly basis, Nationwide figures show. The lender’s September House Price Index showed annual price...

‘Red hot rental market’ shows no signs of cooling down

October, 2022

September saw the highest average rental costs ever recorded by the Goodlord Rental Index. With the previous record of £1,238 hit in July 2022, September’s prices took this to new...

Space to work from home rising in importance

October, 2022

A survey of over 10,000 home movers by Property Academy in June 2022 has revealed that having space to work from home has increased in importance as a property requirement over the last few...

Top Tips to Transform your Home for Autumn

September, 2022

It’s that time of year again; the nights draw in, sunsets split the sky into spectacular colours and rich leaves blanket the grass. With all this magic going on outside, it only makes...

Property market returns to single digit growth: Nationwide

September, 2022

Annual house price growth has slowed to 9.5% in September, down from 10% in August and marks a return to single-digit growth for the first time since October 2021, according to the latest data...

BTL void periods decline across the board

September, 2022

The rental market appears to be returning to good health with a significant reduction in void periods and costs compared to last year, according to the latest data released by Total Landlord...

Creative Ways to Play with Lighting in your Home

September, 2022

Each room in your home serves a different function, and your lighting choices should reflect that. Here are some creative ways to illuminate dark corners and bring dull rooms back to life with...

Sales market now favours buyers - how will this affect rentals?

September, 2022

Zoopla is issuing a warning today that price cuts in the sales market are likely to hit pre-pandemic levels as affordability reaches a crunch level in 2023. The portal says that despite housing...

‘It’s a buyer’s market now’ as purchasers negotiate down asking prices

September, 2022

Some home buyers are telling sellers they are not able to pay as much in light of interest rates going up, with some purchasers successfully negotiating significant discounts, mortgage brokers are...

Supply of homes to rent stays static for three straight months

September, 2022

The rental sector remains strong according to the latest market survey by Propertymark. The number of new tenants registered on average per member branch reached a new peak at 141 in August -...

Stamp Duty cut offers instant saving

September, 2022

Stamp Duty has been abolished on the first £250,000 of any property purchase, (up from £125,000), making an immediate saving of up to £2,500 for home buyers. Close to half...

Insight – what impact will the economic tug-of-war have on the property market?

September, 2022

With the Treasury and the Bank of England stepping in to try and calm the markets, talk of an emergency interest rate rise, the pound falling dramatically, and mortgage products being withdrawn,...

High demand continuing to impact sales and rent

September, 2022

The residential sales market and the PRS are continuing to be shaped by accelerating demand, with rents climbing and rising numbers of house hunters battling over depleted levels of available...

An interest rate rise to 6% would hurt homeowners, says Rightmove

September, 2022

Rightmove has warned that the average monthly mortgage payment for a household buying a first-time buyer home would increase to £1,302 if the average mortgage rate rose to 6%, as looked...

Finding a Home for Your Parents to Move in to

September, 2022

Your parents took care of you when you were young and now you want to repay the favour by finding them the perfect place to live, but where do you start? When searching for someone else’s...

How to boost energy efficiency using home decor

September, 2022

As we head into the winter months, and with the energy cap due to rise to £2,500 in October, many are now searching for alternative ways to keep their home’s heat in. Google...

Your Guide to Letting to Students

September, 2022

For sustained demand, longer rental periods and high yields, renting to students is a great option for landlords - especially if your property is located in a major city where there’s no...

Which features top the student property wish list?

September, 2022

As they head to university for the start of the academic year, nearly eight in 10 students have rated the quality of their rented accommodation highly, challenging the outdated perception of...

Property industry reacts to Rightmove House Price Index

September, 2022

The average price of property coming to market has increased by 0.7%, or £2,587, this month, to £367,760, as the housing market remains surprisingly resilient despite growing economic...

Housing market remains 'surprisingly resilient' amid economic pressures: Rightmove

September, 2022

The overall housing market remains surprisingly resilient despite recent economic headwinds, according to the latest Rightmove house price index. Its data shows that the average price...

Stamp Duty Cuts take effect immediately

September, 2022

Chancellor Kwasi Kwarteng has announced that stamp duty will be cut . In future, there will be no stamp duty on the first £250,000 of a property purchase, instead of...

Interest rates are rising

September, 2022

In the September meeting, the Bank of England increased its bank rate to 2.25%. Its seventh consecutive rise and again increasing the rate by a significant amount (+0.5 percentage points)....

Buying to Renovate: Our Top Tips

September, 2022

Build your dream home and jump a few steps up the property ladder, without breaking the bank on a spot in your ideal location. Here are our top tips on buying to renovate: Think about your...

BREAKING: Chancellor cuts stamp duty for FTBs and properties under £250k

September, 2022

Kwarteng says measures are to support growth, increase confidence and help families aspiring to own their own home. Chancellor Kwasi Kwarteng has announced changes to the stamp duty...

Housing industry reacts to latest Bank of England interest rate hike

September, 2022

Interest rates have gone up again for the seventh time in just a matter of months. Mortgage holders, house hunters and savers will be affected by the Bank of England’s decision to...

Mortgage rush predicted as interest rates hit highest level since 2008

September, 2022

The Bank of England increased interest rates to their highest level since the financial crisis yesterday, prompting fears of higher cost for first-time buyers and warnings for those looking to...

Smart choices to reduce energy costs

September, 2022

Although an annual price cap of £2,500 has been announced for two years, this is still a significant increase on last winter. A gas boiler has the biggest impact on bills and buyers...

What Millennial Buyers Are Looking For

September, 2022

Whilst millennials have reshaped the housing market in terms of waiting longer to buy their first home, they are not as financially insecure or averse to homeownership as we are...

Property sector calls for targeted stamp duty cuts

September, 2022

Agents and other property professionals have, perhaps unsurprisingly, reacted positively to rumours of a Stamp Duty cut. Prime Minister Liz Truss and Chancellor Kwasi Kwarteng are reported to...

The ongoing supply-demand imbalance ‘can only mean one thing for house prices’

September, 2022

The number of residential transactions completed in August increased by 7.6% year-on-year. The data from HMRC reveal the seasonally adjusted figures were up 1.1% on the previous month....

Rental demand to stay strong as first time buyers frustrated again

September, 2022

Around seven out of 10 prospective first-time buyers’ attempts to purchase a property have been impacted by the rising cost of living. A survey by the Aldemore Bank shows that 32 per cent...

Demand rising for ‘bills included’ rental properties

September, 2022

Across the capital, demand for rental homes that have bills included within the cost of renting is gathering pace. The latest analysis from Benham and Reeves looks at whether tenants are better...

Why Autumn is a Good Time to Move Home

September, 2022

The changing of seasons tends to bring around a renewed mindset and a desire for a change of scenery. If the weather cooling down has you thinking about kicking back and cosying up in a new...

Making your first house feel like home without breaking the bank

September, 2022

Buying your first home is one of life’s most exciting milestones but it’s an expensive time too and involves a lot of decision-making in those initial months of moving in. With the...

Property group urges Bank of England to avoid further interest rate hikes

September, 2022

The Bank of England is being urged by property professionals to avoid further interest rate hikes this week. The Bank’s Monetary Policy Committee is widely expected to hike interest rates...

Autumn 2022 Market Report: A New Prime Minister

September, 2022

With the cost-of-living crisis dominating the headlines, the response of our new Prime Minister will be critical in navigating the road ahead. Sales Market moderation Over...

Homes near woodland

September, 2022

94% of households within England and Wales are within one mile of an accessible woodland, despite the loss of almost half our ancient woodlands in the last 80 years. Access to woodlands...

St. Albans revealed as the best place in England for families to live

September, 2022

New research from Hammonds Furniture looked at variables relating to the cost of living, quality of living, childcare costs, quality of schools, and house prices across 35 major towns and...

Buyers hit by Cost of Living crisis - many set to stay renting

September, 2022

An insight into the changing sales market suggests the cost of living crisis is biting buyers - some of whom may remain renting instead. A survey of over 1,000 prospective buyers undertaken by...

Eco features massively increase property values - claim

September, 2022

A finance company claims that just having solar panels can boost a property value by 25 per cent over similar nearby homes without the features. Admiral Money adds that insulation and...

How To Prepare Your Property To Make It Sell Quicker: Our Expert Tips

September, 2022

Here we offer some tips of the best ways to prepare your home to make it sell more quickly, and reduce your stress levels... In life, there are some things we’re certain about –...

Most popular search terms for renters

September, 2022

‘Bills included’ is the most popular search term for renters seeking to find a new place to call home. Renters are keen to have certainty on their monthly outgoings as the...

One in five regret their house purchase due to renovation costs

September, 2022

The ongoing cost of living crisis, rises in interest rates, and record house prices are creating a particularly challenging property market, resulting in a 400% spike in searches for ‘can I...

House prices set for ‘rollercoaster ride’ as market faces ‘real challenges’

September, 2022

UK house prices increased at the highest annual rate since May 2003 in the year to July, the latest data from the Office for National Statistics (ONS) has revealed. Annual house price growth in...

Autumn remains an active time for home movers

September, 2022

Traditionally, the perception is that the housing market is more active spring and summer. Sales and mortgage approvals data reveals a more even spread of activity throughout the year. In...

Energy Crisis: government urged to promote efficiency in homes

September, 2022

The government should do more to promote energy efficiency or risk finding itself in an even more difficult position next year. That’s the view of the Institute for Government. Its new...

Six out of ten UK investors say buy-to-let has lost its appeal

September, 2022

Punitive tax measures and changes in regulation are behind a growing majority of UK investors who now feel that buy-to-let investments have lost their appeal, new research from Shojin has...

96% of buyers plump for fixed rate mortgages

September, 2022

More than 19 out of every 20 buyers seeking a mortgage applied for a fixed rate product last month, analysis of the latest mortgage lending statistics show. Some 95.5% of new buyers are...

Searches for luxury property rise in August

September, 2022

The latest figures released by whathouse have revealed that the total number of people searching for new build homes decreased -24% month-on-month in August – traditionally a quiet period...

Mortgage product availability falls sharply as rates continue to rise

September, 2022

The level of choice for mortgage borrowers has declined significantly in recent weeks, while average borrowing rates continue to climb, the latest data from the Moneyfacts UK Mortgage Trends...

Cost of living crisis impacting summer housing demand: Zoopla

September, 2022

Growing economic uncertainty has caused a more pronounced summer slowdown across the UK property market, according to the latest market insight from Zoopla. Figures show that buyer interest this...

State of the Lettings Industry - survey results revealed

September, 2022

PropTech firms Goodlord and Vouch have released the findings of their annual State of the Lettings Industry survey. Some 2,600 agents, landlords and tenants were questioned and the results...

Lettings: How to Maximise Your Property to Let

September, 2022

As a buy-to-let landlord, you have made a significant investment in a highly valuable asset, so it makes sense to maximise your rental income and make a profit. Here are our top tips to help you...

Halifax: Annual rate of house price growth eases to 11.5%

September, 2022

Average house price edged higher in August, up by a marginal 0.4% as the rate of annual growth showed further signs of slowing, according to this morning's data released by Halifax. ...

Surging energy prices sees searches for eco-friendly homes rise

September, 2022

With the recent surge in gas and electricity prices causing widespread concern, there has been a notable increase in the number of searches by people potentially looking to buy eco-friendly homes....

Agents highlight property priorities for the new Prime Minister

September, 2022

From housebuilding to planning laws and stamp duty reform, agents and property professionals were ready with plenty of suggestions for Liz Truss after she was officially named the leader of the...

As house prices hit a sixth consecutive high will the property market ever cool off in 2022?

September, 2022

After more than a year of soaring prices, interest rates and energy prices, the economy has entered a state of flux. And yet, the property market is still defying expectations. Despite...

Want good student rental yields? Pick towns with just one university…

September, 2022

Paragon Bank has revealed the locations where landlords letting to students can achieve the strongest yields - and they are typically smaller single university towns and cities. Analysing...

Converting let-only landlords should be agents’ top priority - claim

September, 2022

A prominent lettings agent says educating landlords about the need to use agents should be the industry’s number one priority. Agent Rainmaker founder Sally Lawson, who is also a former...

Renovations Worth Investing In

September, 2022

If you’ve lived in your home for a number of years, it may be time to relish in the opportunity to improve, extend, redecorate or redesign. Whether you plan on staying or someday selling,...

Rising rents put pressure on younger renters

September, 2022

With the rising cost of living dominating the headlines, we have turned our attention to the rental market and the affordability pressures facing renters. Using gross incomes of renters and...

Agents Ultimate Guide to next month’s new alarms laws

September, 2022

The law around the requirement for smoke and carbon monoxide alarms in rental properties will change in England on October 1. Propertymark has prepared a comprehensive guide for letting agents....

New prime minister urged to take ‘radical’ action to boost housebuilding stock

September, 2022

Britain’s new prime minister will be revealed this morning, with Liz Truss & Rishi Sunak vying for the coveted Tory leadership. Both Truss and Sunak will be hoping to replace Boris...

Rate of inflation expected to slow sharply in 2023

September, 2022

As price rises spread throughout the economy, reports suggest the rate of inflation could reach 18% in early 2023, almost double its current rate of 10.1%, raising the possibility of further...

Back-to-school tips for landlords investing in student property

September, 2022

With the new semester fast approaching, student landlords are getting ready to welcome a new set of students into their properties. However, with student properties being unique...

The rental market is booming and ‘shows no immediate signs of slowing down’

September, 2022

England’s rental market remained buoyant in August, although rental costs and void averages took a month off from their record-breaking streak. Voids were up across the country after...

UK rents hit yet another peak: HomeLet

September, 2022

UK rents have hit a new record peak of £1,413 per month, according to the HomeLet Rental Index. The headlines from this month’s HomeLet Rental Index show that the average...

Prospective purchasers who are renting move quickly to buy as supply improves

September, 2022

Knight Frank’s latest data on the UK country property market shows that frustrated demand helped drive July’s country market to its strongest period of transactional activity since the...

Outstanding OFSTED report adds value

September, 2022

House prices are significantly higher in the catchments of Ofsted 'outstanding' primary schools, even compared to those ranked 'Good' in their Ofsted report. Average sale prices are 10%...

House prices 'could continue to rise by up to £14,000' before 2023

September, 2022

Despite the current fears of an economic crisis looming, house prices could increase by a further 5% before the end of 2022, data from London lettings and estate agent Benham and Reeves have...

Down valuations causing 'reality gap' between buyers and sellers

September, 2022

Buyers and sellers are having to negotiate an £8,000 'reality gap' as a result of down valuations as the property market begins to cool, analysis by property specialists HBB Solutions has...

National Parks and Areas of Outstanding Natural Beauty boost house prices by up to 25%

August, 2022

Properties situated within a National Park command a 25% house premium, according to new research by Nationwide Building Society. Properties within 5km of a National Park are 7% higher...

Pets cause more expensive property damage than children - claim

August, 2022

With the debate raging over pets in lets, a new analysis by comparative website Compare The Market suggests pet damage is typically more expensive than that caused by children. Although pets...

HMRC reminds agents about taxing non-resident landlords

August, 2022

HMRC has issued a reminder to letting agents about how to operate the Non-resident Landlords Scheme. This requires anyone in the UK who pays rent to, or collects rent for, a non-resident...

Frustrated first time buyers may have to continue renting

August, 2022

New data from Zoopla suggests that growing concern about the cost of living crisis and in particular rising interest rates may oblige more first-time buyers to put purchase plans on ice. The...

Government introduces better flood protections for new homes

August, 2022

New homes will be better protected from flooding following changes to planning guidance, the government has announced. Updated planning guidance published today will help councils make...

Home sellers sitting tight as stock levels drop -12.5% so far in 2022

August, 2022

Despite a drop in the average number of homes listed for sale per estate agency branch across Britain as a whole, the latest data released by estate agent comparison site, GetAgent.co.uk, has...

Agency warns of tough time ahead for tenants

August, 2022

A major lettings agency in London says the imbalance between the number of tenants and available rental properties continues to cause concern. Chestertons - comparing July 2022 with July 2021 -...

Top Tips to Make Your Home Look More Spacious

August, 2022

Whether you feel like the walls are closing in on you or you’re simply in need of an interior touch-up, creating space is one of the best ways to enhance your home with the open airiness...

Property on the podium

August, 2022

With British sportsmen and women taking top spots on podiums at the recent Commonwealth Games and the European Athletics and Aquatics Championships, how would property fare against its key...

Property industry reacts to surge in UK home sales

August, 2022

Residential transactions in July 2022 totalled 110,970, 32.9% higher than July last year and 7.2% higher than June 2022, according to data from the Office for National Statistics. This increase...

July 'busiest month of 2022 for sales amid rush to beat rate rises’

August, 2022

July was the most active month for home sales so far this year but agents acknowledge that a slowdown is coming. The latest property transaction statistics from HMRC show residential...

How to Introduce Nature to Your City Home

August, 2022

There is such thing as getting too immersed in city life, and amidst the hustle and bustle, you may find yourself feeling out of touch without the beauty and freshness of nature in your...

First-time buyers urged to manage expectations

August, 2022

First-time buyers have been urged to manage their expectations after research from Yorkshire Building Society revealed that four-in-five (79%) believe their first home will meet all of their...

Nottingham and London top UK's property auction lists

August, 2022

Nottingham tops the list for the UK's most popular auction property sales outside of London, new data from auction service iamsold has shown. The residential auctioneer has broken down...

Feature: How to buy your first home and what deposit is needed

August, 2022

Over the last decade or so, we’ve seen increasing numbers of reports about how challenging it is for first-time buyers to get on the property ladder. In some cases it’s been deemed...

BBC reports on “unaffordable” rents for tenants under 30

August, 2022

A series of BBC reports over the weekend highlighted what the broadcaster calls “a brewing cost-of-living crisis:” triggered by high rents. Citing figures from property company...

Rent rises lag far behind inflation - new government figures

August, 2022

Rents have seen the highest jump since records began in 2016, according to the Office for National Statistics. It says UK-wide rents rose an average 3.2 per cent in the 12 months to July, the...

Increasing rents mean tenants have to settle for less space

August, 2022

Strong rental growth has meant that tenants’ budgets do not stretch as far as they used to. The two years between July 2020 and July 2022 marked the largest erosion of tenants’...

HMRC’s tax take from property continue to soar - latest figures

August, 2022

Latest figures released by HM Revenue & Customs show yet another large increase in the amount of taxation received by the Treasury from landlords and other property owners. Stamp duty...

Agent roadshow back on tour

August, 2022

The Guild of Property Professionals will launch its Autumn/Winter 2022 Tour next month, with Belfast set to be the first port of call. Starting on the 29 September, The Guild of Property...

Things to consider about mortgages when interest rates are rising

August, 2022

Whether you're thinking of moving, buying a second home, or taking your first step onto the property ladder, the recent rises in interest rates will certainly have had an impact of some sort on...

Revealed - North West top hotspots for property investors

August, 2022

Private rents in the UK have reached record highs, with a 23.4% rise in Manchester over the last 12 months, recent research from Rightmove shows. Rental prices cooking Looking back a year...

Moving home: expectation vs reality

August, 2022

Properties continue to go under offer more quickly than pre-pandemic, but the time taken to complete a sale has risen. Conveyancing delays remain a significant issue. In 2019 a survey of...

Which are the most popular reasons for landlords to submit an insurance claim?

August, 2022

There are many reasons why a landlord might submit an insurance claim, ranging from the quite ordinary to the almost unbelievable. However, newly released data shows that there are ten reasons...

Agency stock down 12.5% so far in 2022 - claim

August, 2022

Estate agents have listed an average of 7.3 homes for sale per branch during 2022, research suggests- down 12.5% annually. Agency comparison website GetAgent has analysed the average number of...

Sharp drop in house prices as higher interest rates and living costs bite

August, 2022

Annual UK house price growth slowed significantly in June, the latest ONS data shows. This is the latest indicator to confirm that property prices are beginning to drop as higher interest rates...

Supply-demand imbalance continuing to drive up rents as prices hit new record high

August, 2022

UK private sector rents have seen the highest jump since records began in 2016, according to new data. Figures from the Office for National Statistics (ONS) reveal that rents rose by an average...

Our homes are still our offices

August, 2022

Our homes are still our offices. UK workers are going into the office an average of 1.5 days a week. Hybrid working is here to stay. More than 80% of workers said their firms had adopted the...

Lettings market continues to heat up through summer

August, 2022

Depleted stock levels and sustained demand have seen rental value growth forecasts for 2022 upgraded, as the lettings market continues to heat up during summer. Nicky Stevenson, MD of...

Mortgage transactions down 33% since first interest rates rise last December

August, 2022

Since the first of six consecutive base rate increases were implemented in December of last year, there have been an average of 37,019 homes purchased each month with the help of a mortgage. This...

Housing supply at highest level in a year

August, 2022

The latest OnTheMarket Property Sentiment Index, which reflects on property market activity in July, has been released. It shows that housing stock is at the highest level in a year as...

Tenants increasingly worried about arrears or homelessness - claim

August, 2022

A new survey suggests large numbers of tenants are worried about the risk of falling behind with the rent or even becoming homeless. The study, by a discount service, looks at 2,674 UK renters...

Which holiday let hotspots are currently bringing the best yields for investors?

August, 2022

Despite the lifting of all travel restrictions that were put in place during the pandemic, the holiday-let market remains highly active with increasing numbers of Brits choosing to...

The price and ongoing costs of purchasing a property at the top-end of the ladder

August, 2022

With the Bank of England making the decision to raise interest rates by a further 0.5% - the largest jump since 1995 and the sixth consecutive increase since December of last year - the majority...

Latest data indicates a return to seasonal normality for the property market

August, 2022

The recent rise in the cost of mortgage lending appears to have had little effect on activity in the market and with no major signs of a slowdown, all indications are currently pointing to a...

Property industry reacts to Rightmove House Price Index

August, 2022

The average price of property coming to market has dropped by 1.3%, or £4,795, this month, to £365,173, the latest data from Rightmove shows. This is the first price fall of the...

House prices fall sharply, survey shows

August, 2022

Residential property prices are falling sharply, an influential survey shows. The Rightmove House Price Index released this morning reveals that its monthly house price index for August saw a...

New home searches see 11% rise in July

August, 2022

The number of house hunters searching for new build homes rose by 11% in July despite record prices and rising interest rates, with popularity increasing across all regions and across every key...

House price slowdown on the horizon, claims leading property association

August, 2022

A leading property association argues it won’t be long before we start to see house price growth slowing. According to the National Association of Property Buyers, house prices will soon...

Planning applications drop in 2022

August, 2022

The number of planning applications submitted for residential property in England and Wales was 16% lower in the first half of 2022 than in 2021, at 218,640. Across all regions, application...

Help to Buy Q1 completions fall sharply

August, 2022

The number of properties purchased via the Help to Buy scheme in the first quarter of the year dropped 65% compared with the same period in 2021, according to the latest statistics from the...

The Guild Guide to Investing in a Second Home

August, 2022

Many homeowners dream of property investment for the immaculate sense of achievement and financial opportunities that come with it, which is why more than one in 10 of us in the UK own a second...

Fall through rates stabilise despite lengthening time to buy property

August, 2022

It now takes 144 days to buy a property, compared with only 88 days in June 2021 and 93 days in June 2019, according to new research from TwentyEA. Northern Ireland is the slowest place to buy...

New home completions return to pre-pandemic levels

August, 2022

During Q2 2022, new home completions were up 16% against the same period a year earlier, marking a return to levels last seen before the pandemic, according to the latest data from NHBC. NHBC...

UK housing activity is slowing as existing ‘indicators feel artificial’

August, 2022

Activity levels in the UK housing market continue to slow owed to the poor state of the wider economy and increasing interest rates, according to the Royal Institution of Chartered Surveyors...

The coast is clear

August, 2022

Trips to the seaside are one of the great joys of a traditional British summer. Given that we have over 6,000 km of coastline around England and Wales, it might come as a surprise to know that...

Total value of property currently for sale in Britain hits £117bn

August, 2022

With little sign of a slowdown in the UK property market, new data has revealed that there is a staggering £117bn worth of property currently up for sale across Britain. Research by...

The Race for Outside Space

August, 2022

With the tug of war between supply and demand playing out over the past few years and onwards, property value continues to increase as prospective buyers search for more open space and larger...

Which areas of the capital are currently seeing the highest levels of homebuyer activity?

August, 2022

Despite the capital trailing the rest of the UK where the pandemic house price boom is concerned, average house prices in London now stand at £526,183. With an average of 4,813 homes being...

Walk-in wardrobes - are they the next major property trend?

August, 2022

Sellers are always looking for ways to improve the value of their home, and according to new research agents may just want to recommend walk-in wardrobes as the best way of doing this. Once...

Opinion: BoE turns gloomier as base rate rises - how will the market respond?

August, 2022

A property expert has warned that the Bank of England’s gloomy economic forecasts and last week’s rise in interest rates could dampen sentiment in the housing market. Alongside the...

Average FTB over £40k worse off due to the pandemic property boom

August, 2022

Due to the spiralling cost of homeownership in the UK, fuelled by soaring demand during the pandemic, the average British first-time buyer is now almost £42,000 worse off than in January...

One in five rent for up to 9 years before buying their first home

August, 2022

New research conducted by Beehive Money, has revealed that on average it takes Brits between 5-9 years of renting before they can afford to buy their first home. 35% of Generation Zs said...

Renters Reform Bill not law until late 2023 or beyond

August, 2022

There is still time for landlords to influence the specific provisions of the Renters Reform Bill according to one of the industry’s most respected experts. Paul Shamplina - founder...

Which eco-features most interest potential buyers?

August, 2022

As the cost-of-living crisis continues to bite, call data from Moneypenny shows eco features are falling off the wish-list of prospective house buyers. The company, which handles calls and...

Capital appreciation in prime rentals will be best outside southern England

August, 2022

Capital appreciation over the next five years amongst properties in prime areas of cities and countryside will be strongest in the Midlands, the north of England and Scotland. That’s the...

Detailed analysis of the prime London markets – LonRes

August, 2022

LonRes has published its latest analysis of the property market in the prime areas of Central London. Anthony Payne, Managing Director of LonRes introduced the report: “Despite rising...

What is shared ownership and is it for you?

August, 2022

The property market isn’t easy to navigate, particularly for first time buyers and those on a tight budget. If you’re considering purchasing a shared ownership property, read on to...

Tenant demand surges in the capital

August, 2022

79% of landlords who let property in Outer London have indicated that they had seen increases in tenant demand during the previous three months, according to research undertaken on behalf of...

Bank of England raises borrowing costs – industry reaction

August, 2022

In a move that will have surprised no one, the Bank of England’s Monetary Policy Committee lifted borrowing costs by 50 basis points, taking UK interest rates to a 13-year high of 1.75%...

Interest rates rise to 1.75%, but fixed rates will protect borrowers

August, 2022

In its August meeting, the Bank of England increased its base rate to 1.75%. Its sixth consecutive rise and its highest single rise in 27 years. Many borrowers are protected from any...

Halifax: Average house prices see first drop in a year

August, 2022

House prices saw a marginal dip of 0.1% in July, the first signs of cooling in the market following a frenetic couple of years, according to the latest market analysis from Halifax. Despite...

Student rents predicted to rise under proposed ban of fixed-term tenancies

August, 2022

The supply of HMO student accommodation will be compromised under planned changes to tenancies as part of The Renters Reform Bill, resulting in less choice and higher rents for students,...

What could a digitally enabled future look like for estate agents?

August, 2022

For years now estate agents have been on a journey from digital infancy to digital maturity. But what does the future look like for digitally enabled agents? Technology is always changing to meet...

Top 10 Things Homebuyers Look for in a Property

August, 2022

Property hunting is never easy, so a great way to narrow down the search is to establish a list of ‘must-haves’ for your new home. Here are some of the most popular home attributes...

Pain for first-time buyers if Bank of England raises interest rates today – Rightmove

August, 2022

Ahead of today’s decision by the Bank of England, Rightmove calculates that if interest rates rise [as predicted] by 0.5%, new first-time buyers would see monthly mortgage payments increase...

Guide to Buying Land and Building Your Own House

August, 2022

Ever dreamed of building a home for you and your family from the ground up? Well, it’s no easy task, so get your hard helmet on and let’s take a look at some of...

Concerns raised as UK rents hit another record high

August, 2022

UK rents saw a further rise of 1.3% in June, reaching a new record high of £1,127 PCM, with prices set to continue rising and landlords expressing concern that they are being pushed out of...

Tentative signs of a slowdown – Nationwide HPI

August, 2022

The July Nationwide House Price Index shows that annual house price growth increased slightly to 11% from 10.7% in June. Prices were up just 0.1% month-on-month after taking account of seasonal...

Capital appreciation on the rise for 12 months in a row

August, 2022

Annual house price growth in the UK accelerated to 11 per cent last month, a smidgeon up on June’s 10.7 per cent, according to Nationwide. House prices increased by 0.1 per cent...

Help to Buy deadline approaches

August, 2022

There are less than three months left for First Time Buyers to benefit from the Help-to-Buy Equity Loan scheme. The deadline for new applications is 6 pm on 31st October 2022. The Equity...

Rightmove ups house price forecasts due to lack of new agency stock

July, 2022

Rightmove has upped its house price forecasts for this year as new stock supply fails to keep up with demand. The portal had previously predicted annual house price growth of 5% but now, due to...

Your Guide to Renting in a Major City

July, 2022

From towering skyscrapers, bustling nightlife, to buzzing crowds and endless social plans , there’s one word that comes to mind when you think of...

Homeowner stays shorten while renters rent for longer

July, 2022

While we wait for the 2021 census housing data we look to the newly published 2020/21 English Housing Survey data to help us understand the changing relationship we have with our homes since...

Fastest rent rise in five years adds to concerns over UK cost of living crisis

July, 2022

Research by Hamptons shows that tenants in Great Britain paid a total of £31bn in rent during the first half of 2022. This means they are set to pay £63bn by the end of 2022, a record...

Rental yields holding steady across England and Wales

July, 2022

Despite a slight dip in annual rental yields, down from 6.1% a year ago to 5.5%, the drop is only 0.2% on the previous three-month period, Q1 2022, when the yield was 5.7%, according to new data...

Sales collapsing as rising costs spook buyers and lenders - report

July, 2022

The number of transactions progressing to completion is being hit by the cost of living crisis and rising interest rates, new figures claims. Analysis by property data company the Landmark...

Housing market momentum ‘is moving down a gear’

July, 2022

The property trends that emerged during the pandemic drove buyer demand and sales activity to new highs in the UK housing market. Homeowners reassessing how and where they were living, office...

New prime minster, new housing opportunities?

July, 2022

The race to succeed Boris Johnson as prime minister is hotting up. Tories are rushing to take sides after the shortlist of Conservative party leadership candidates narrowed further yesterday as...

RICS: Agents achieving above asking price sales despite cooling market

July, 2022

New instructions and buyer demand have stumbled again but agents are still managing to sell existing stock above asking price, the RICS claims. The latest RICS Residential Market Survey...

Sharp fall in searches on property portals

July, 2022

Online interest in property portals has dropped significantly as the housing market continues to cool, new research suggests, Fresh data reveals that the UK’s leading online property...

Renting with Pets: All You Need to Know

July, 2022

It’s estimated that 51% of adults in the UK own a pet, and many will be looking for a place to stay with their furry friend. For most landlords, pets are out of the question and if...

Prime London property market moves from ‘frantic to normal’

July, 2022

Prime London sales activity remains above pre-pandemic levels despite an annual drop, figures suggest. Analysis of the prime London market for the first half of 2022 by data company LonRes...

Beefed Up Property Details - industry bosses back call for Material Information

July, 2022

Senior figures in the agency industry have backed new guidance from the National Trading Standards Estate and Lettings Agent Team regarding more up-front information for renters and buyers....

Almost a third of property sales collapse because lenders ‘getting tougher’ – claim

July, 2022

There has been a notable rise in the number of property sales falling through due to tougher mortgage lending conditions, it is claimed. According to new figures from Quick Move Now, 31% of...

Hot Trends This Summer to Keep Your Garden Looking Fresh

July, 2022

Summer is here, so you’ve probably already dusted off your garden furniture and swept the patio ready for relaxing in the sun. But it turns out ththere are plenty of other easy things...

Average UK rents hit new record high of £1,113 PCM

July, 2022

The average rent in the UK has reached a new record high of £1,113 PCM after rising a further 0.9% from last month, according to newly released data from HomeLet. Average rents in London...

Friday on my mind: Completion day

July, 2022

Friday remains the most popular day to complete on a house or start a new rental tenancy. 40% of all property sales over the past year have completed on a Friday and a quarter of new rental...

The ‘race for space’ is over as the lure of urban living appeals to more buyers

July, 2022

The lure of city living means the prices of prime properties in urban housing markets are now increasing faster than top-end homes in surrounding rural areas, according to Savills. House price...

How the cost of living crisis will affect the average age of first-time buyers

July, 2022

House prices have continued to soar, reaching a new average of £368,614. But, as the five interest rate rises and the cost of living crisis continues, how will this impact the average age of...

How will Ministerial changes affect upcoming rental reforms?

July, 2022

In the last week, we’ve seen a record number of ministers resigning from Boris Johnson’s government, including Housing Minister Stuart Andrew, as well as the shock announcement of the...

Agency groups hope to 'maintain momentum' with new Housing Secretary

July, 2022

Estate agency trade body Propertymark is hoping to “maintain momentum” with newly appointed Housing Secretary Greg Clark. He replaces Michael Gove, who was sacked by Boris Johnson...

Cost of living crisis

July, 2022

Over 75% of renters are concerned about the impact of the cost of living crisis on their ability to pay rent, according to a survey of over 12,000 renters nationwide conducted by Dataloft with...

Halifax: House prices see biggest monthly rise in 15 years as market shows resilience

July, 2022

Defiant and refusing to climb down, where have we heard that before? Away from the drama unfolding inside No 10, house prices are also seemingly defying logic and expectations, refusing to follow...

Agency websites still visited by buyers despite portal dominance - research

July, 2022

Property portals remain the predominant route for finding a home among buyers but many are still following traditional methods, research suggests. A survey of 1,500 recent homebuyers by...

Mortgage costs up 21.5% in a year

July, 2022

Along with food and fuel, the monthly cost of a mortgage has also been steadily rising over the past 12 months, adding extra strain to household finances across the UK. The latest research by...

Rightmove: Estate agent valuation leads rise in ‘sign of stock shortage easing’

July, 2022

The number of prospective sellers contacting estate agents to have their home valued has hit its highest level since January, Rightmove claims. The portal suggests this is a sign of the stock...

What turns off tenants the most?

July, 2022

Research lists most off-putting features of rental homes and landlords Research from specialist rental platform Ocasa has revealed what tenants find the biggest turn-off when it comes to...

Game, set and match

July, 2022

The 135th Wimbledon Championships is underway, with the All England Club celebrating its centenary of hosting this iconic Grand Slam. Across Great Britain there are about 24,000 tennis...

How to create a classic Farmhouse-style kitchen

July, 2022

There are few designs more homely and comforting than the farmhouse kitchen. Designed with socialising in mind, this sought-after style provides the space needed to create hearty meals whilst...

If you’re selling, do so soon - capital appreciation is slowing

July, 2022

Landlords are still enjoying substantial capital appreciation - but the latest Zoopla house price index reveals the lowest rate of monthly price growth since December 2019. The property market...

Plans for 50-year intergenerational mortgages get cautious welcome

July, 2022

Long-term 50-year mortgages that can be passed on by parents to their children appear to be the latest idea from the government to address housing market issues. Prime Minister Boris Johnson...

White Paper fall-out - private rental sector set to contract

July, 2022

It looks as if the private rental sector will contract as a result of the threat of new regulations contained in the recent government White Paper. The Fairer Rental Sector White Paper...

Census 2021: the regional picture

July, 2022

The 2021 Census has revealed that population and household growth across England and Wales has been unequal over the past decade. This has been reflected in property price performance too....

London market building momentum as demand returns to the city

July, 2022

Homebuyer demand has returned to the capital as the rest of the UK market stands firm despite growing economic pressure posed by increasing inflation and a string of interest rate increases....

Market snapshot suggests ‘it’s absolute madness to think house prices will keep on rising’

July, 2022

UK house price growth slowed slightly in June, increasing 10.7% year-on-year, down from 11.2% in May. According to the data, released by Nationwide yesterday, the average property price still...

Nationwide: Annual house price growth continues to ease off, but remains in double digits

July, 2022

Annual house price growth has slowed in June, easing to 10.7% from 11.2% in May, according to the latest data released by Nationwide. Despite the continued easing of growth, June saw the price of...

Government wants national register of short term lets

June, 2022

A review into the effect of short-term lets has been launched by the government. The government says future policies could involve physical checks of premises to ensure rules on health...

Older leaseholds homes could become harder to sell until full reform - claim

June, 2022

New rules on leasehold homes came in this week, banning ground rents on new leases but a property expert warns this could create a two-tier system in the sales market. Shilpa Mathuradas, head...

Making sense of the Census results

June, 2022

The first results of the 2021 Census published on June 28th show the population of England and Wales was 6% higher on Census day 2021, compared to Census day 2011. The number of households was...

Prime London rents soar as supply squeeze bites

June, 2022

Rents in prime central London have risen sharply as demand from tenants continues to heavily outweigh housing supply in the private rented sector. New figures from Knight Frank show that rents...

Short-term lets face stricter rules as government launches review

June, 2022

The government has launched a review into the effect of short-term holiday lets with a view to improving the holiday letting market for those living in popular tourism destinations. The scheme,...

Too much or too little? The great interior design debate

June, 2022

When it comes to decorating your new home, there really is no right or wrong answer. Your interior design should be a reflection of you, and an extension of your personality while still serving...

Greater protection for leaseholders as Building Safety Act comes into force

June, 2022

Leaseholders living in buildings above 11 metres tall, or with at least five storeys, will for the first time be legally protected from unfair bills to make their homes safe as the Building Safety...

Over 100,000 property transactions completed using digitised register

June, 2022

More than 100,000 property transactions have now benefitted from access to digitised digested local land charges data, according to analysis by Search Acumen. The property data, insight and...

One in five homes selling in two weeks of being listed for sale

June, 2022

Stock shortages are seeing one in 10 homes get snapped up within 14 days of entering the market, climbing to as high as one in five in some areas as the pandemic property market boom shows little...

Are we really entering a buyers’ market?

June, 2022

Speculation over whether we’re now entering a buyers’ market after years of the sector being in favour of sellers is inaccurate as there has never been just one market in the UK,...

Unsatisfied demand is piling further pressure on London's housing market

June, 2022

Buyer enquiries in the capital have seen a 57% uplift since May 2021, a clear sign of recovery in a market that was hammered by the pandemic. However, the number of available properties to buy has...

Furnished or Unfurnished? What’s the rental difference?

June, 2022

A new survey claims to show the rent differences between furnished and unfurnished homes to let in various cities. For example, London landlords can make more than £9,000 per calendar...

Mortgage rates by year end

June, 2022

With inflation running high, the Bank of England increased its base rate to 1.25% in June, with another 0.5 percentage point rise forecast before the end of 2022 and potential for a further...

New energy efficiency guide issued for private rental sector

June, 2022

A prominent energy industry organisation has just issued a new guide aimed at improving private rental sector properties. The Energy Saving Trust - which describes itself as an independent...

Property industry reaction to latest surge in house prices

June, 2022

The industry has been reacting to the latest hike in property prices. New figures from the Office of National Statistics, released yesterday, reveal that property inflation increased 12.4% in...

A Fairer Private Rented Sector

June, 2022

The government has outlined significant changes to the private rented market in the Fairer Private Rented Sector White Paper. The measures will form part of the Renters Reform Bill annouced in...

London Calling! Rents up faster in the capital than anywhere else in Britain

June, 2022

For the first time since November 2019, rents in London grew faster than in any other region in the country. That’s the claim from lettings agency Hamptons, which monitors the...

The housing market ‘continues to defy expectations that a slowdown is looming’

June, 2022

Residential property transactions in the UK totalled 100,870 in May, which is 1.6% higher than the previous month but 2% lower than in May last year, according to HMRC. On a provisional...

Property transaction delays will prove costly for homebuyers

June, 2022

A backlog in the housing market will see rising numbers of people left paying higher mortgage rates which could cause some deals to collapse, warns Jonathan Rolande from the National...

Planned amendments to Renters’ Reform Bill risks ‘driving up rents’

June, 2022

The government’s proposals to shake up the Renters’ Reform Bill risk driving up rents and reducing tenants’ rights. That is the view of the National Association of Property...

5 Tips to Update Your Garden for Summer

June, 2022

Summer is officially here! Now is the time to consider updating your garden so that you have the perfect space to entertain loved ones and enjoy the sunny season. Here are our top...

Prices nudging up over next three months

June, 2022

Property and rental prices are expected to climb across most of the UK over the next three months, based on the latest RICS sentiment survey of Chartered Surveyors. Surveyors are more...

Property industry reacts to Rightmove House Price Index

June, 2022

The average price of property coming to market this month has increased by 0.3%, or £1,113, to hit an average price of £368,614, according to Rightmove. Average asking prices have...

House price growth set to slow to 5%, says Rightmove

June, 2022

The average asking price of property coming to market rose for a fifth consecutive month to hit a record high of £368,614, albeit only up by a modest 0.3%, or £1,113, in the...

Rental Reform White Paper - full details here

June, 2022

The government has released the full details of what it calls the Fairer Private Rented Sector White Paper. This is to form the basis of a Bill to out its reforms into law. It will ban...

Property industry reaction to Rental Reform Whitepaper proposals

June, 2022

The government will finally publish its long-awaited White Paper today outlining plans to scrap Section 21 evictions. The new bill will also strengthen the rights of private renters by applying...

UK interest rates expected to hit 2.5%

June, 2022

The Bank of England is expected to raise UK interest rates to 1.25% when the Monetary Policy Committee (MPC) meets today, as the central bank looks to address soaring inflation, while hoping not...

Buying a Home – Top Five Things No One Tells You

June, 2022

Buying a new home is an exciting time, and though there are many resources out there to help you prepare for it, there are some things that people just don’t tell you. To help you out, here...

Rise in length of tenancies

June, 2022

Findings from a landlord survey by Rightmove indicate a change in renter behaviour against a backdrop of record rents and rising household bills. Findings from a landlord survey by Rightmove...

Rental supply rising in London as workers reassess their plans for the future

June, 2022

A frustrating period for tenants looks likely to continue this summer in the prime London lettings market, according to newly released market analysis from Knight Frank. While supply and demand...

Housing Secretary: 'We don't know how Right to Buy will be funded yet'

June, 2022

The government’s new Right to Buy policy for housing association tenants appeared to unravel last night after the Housing Secretary said it would be capped and couldn’t divulge how it...

Chancellors’ £15bn will help limit impact of the cost-of-living crisis on the housing market

June, 2022

Before the £15bn support package was announced in May, the cost-of-living crisis seemed very likely to dent confidence in the housing market. Real disposable household income is a good...

Agency trade body calls for stamp duty exemptions as part of housing reforms

June, 2022

Agency trade body Propertymark has called for the government’s housing market reforms to go further and has even suggested targeted stamp duty exemptions. Prime Minister Boris Johnson...

MPs set to quiz Housing Secretary on property market proposals

June, 2022

Housing Secretary Michael Gove and minister Stuart Andrew are set to be grilled by MPs on their property market plans today. The pair will take questions from MPs on the Levelling Up, Housing...

Bank of England expected to hike interest rates but will it cause house prices to fall?

June, 2022

The housing market will almost certainly be hampered by this week’s expected increase in interest rates from 1%. Economists are forecasting that the Bank of England will raise interest...

BTL stamp duty soars by £12,000 since 2016 rule change

June, 2022

Back in April 2016, the government introduced new rules to ensure that stamp duty paid on buy-to-let homes is higher than that paid for first homes, in an attempt to swing property market power...

Right to Buy extension provokes mixed industry reaction

June, 2022

Margaret Thatcher’s belief in a ‘property-owning democracy’ paved the way for the introduction of Right to Buy in 1980, and the UK has been a nation obsessed with the idea of...

Regional Property Market Update Summer 2022: London

June, 2022

Mixed Messages The housing market remains busy. Compared to the last ‘normal’ market of 2019, buyer enquiries are up 31% and mortgage approvals and sales are...

House price growth: New vs historic towns

June, 2022

Out with the old and in with the new? Certainly seems that way when it comes to property market performance over the last year according to research by Barrows and Forrester, who reveals that the...

First-time buyer interest up in May: Twenty7Tec

June, 2022

Searches for mortgages suitable for first-time buyers (FTBs) shot up by 10% in May on a monthly basis, shows newly released data from Twenty7Tec. This means that FTB searches stood at 19.4% of...

Sellers' market 'may have peaked'

June, 2022

The balance of power in the property market may be shifting back to buyers. It comes as Halifax data showed annual house price growth slowed for the first time since the start of the year...

Could Right to Buy 2.0 trigger a home ownership revolution?

June, 2022

One of the most transformative policies of the 20th century, Right to Buy, which made the dream of home ownership a reality for millions, is now all but dead. Since its introduction in the...

Mortgage and Right to Buy overhaul expected today

June, 2022

Prime Minister Boris Johnson is expected to unveil a flagship policy today to help more people onto the property ladder. It is reported to include extending Right to Buy to social housing...

Summer Market Report

June, 2022

While an economic storm is brewing, the property market continues to be brisk as a shortage of properties to sell continues to underpin market activity. Market brisk The housing...

Communication, communication, communication

June, 2022

Although many organisations use app-based technology, the human touch remains an important feature of the estate agency sector. Over 70% of sellers, irrespective of age or previous sales...

Government remains 120,000 homes short of building targets

June, 2022

The Government was 120,000 homes short of its own new-build targets last year, research claims. Analysis by new-build sales optimisation platform Unlatch has looked at the number of new home...

Fall-throughs predicted to drop but costs may rise

June, 2022

Estate agents and sellers could be set to benefit from fewer fall-throughs this year but the costs of a collapsed sale are still rising, research suggests. Market analysis from property...

Rents rise further as BTL landlords flee the market and stock falls

June, 2022

Rents across much of the UK have hit a record high as demand from renters continues to heavily outweigh supply, new data shows. The average rent in the UK reached another record high of...

Will Renters Reform Bill be delayed by Boris Johnson clinging to power?

June, 2022

Overnight speculation of a Cabinet reshuffle has yet again led to uncertainty over the Renters’ Reform Bill, pledging a radical shake-up of the private rental sector. Last evening it was...

New-build completions hampered by rising costs

June, 2022

Limited supply is prompting more buyers to consider new-builds but the sector is also suffering from a stock shortage, Savills warns. Research by the agent has found that limited choice across...

House prices could see a significant rise in new Platinum Jubilee cities

June, 2022

The UK towns to have been earmarked for city status as part of the Queen’s Platinum Jubilee celebrations could see house prices boosted by as much as £37,000 in the year that follows,...

PM survives no-confidence vote - what does it mean for property industry?

June, 2022

The Prime Minister has tonight won a confidence vote in his leadership and hung on to his premiership. After a dramatic day at Westminster, which began with Sir Graham Brady –...

Rents hit ANOTHER record high as summer market arrives

June, 2022

Fresh data from PropTech supplier Goodlord shows the average cost of rent in England reached £1,020 per property in May, up 0.8 per cent on April’s figures. This surpasses...

Prime instructions back above pre-pandemic levels

June, 2022

Prime London prices continue to hit record levels but actual sales vary depending on values. Figures from property data company LonRes for May show prices across the capital’s prime...

House price growth slows for second consecutive month - Nationwide

June, 2022

Annual house price growth slowed for the second consecutive month during May. The latest Nationwide House Price Index showed average prices rose 11.2% annually last month, down from 12.1% in...

How much does it cost to buy and maintain an average property in the current market?

June, 2022

Following a pandemic property market boom that has seen house prices climb to record highs, buying and maintaining a property has never been so expensive. New research by estate and lettings...

Secret sellers! Off-market sales soar due to stock shortage

June, 2022

Record numbers of homes are being sold off-market and for a premium due to the property supply shortage. Off-market sales are traditionally more associated with prime parts of the country, but...

House prices: The market is now ‘at a turning point’

June, 2022

House price growth hit nearly 8% in January, according to the latest Zoopla House Price Index. The average value of a home in the UK rose by nearly 1%, or around £2,000, between October and...

Record Number of Guild Members make the 2022 ESTAS shortlist

June, 2022

The Guild has once again shown the strength of their network with over 90 shortlisted offices, groups or people for their Members in the ESTAS shortlist 2022 , a record number for the...

Rents hit eight-month high

June, 2022

The cost of rent in the UK hit an eight-month high in May, new figures show. Prices have steadily increased over recent months and are now nudging the record set in September 2022. At the same...

Royal Street Party

June, 2022

As neighbours come together to celebrate the Platinum Jubilee with a street party, we asked how many homes sold since the start of 2021 had Jubilee-related addresses. The word...

Propertymark claims vendors 115% more likely to sell in April

June, 2022

With demand continuing to heavily outweigh supply now is a good time for vendors to consider selling their property, a new study shows. According to data gathered from agents, properties...

Long term increase in private rental sector continues apace

May, 2022

There’s been a big rise in the number of private rental properties in the past decade, despite sweeping tax and regulation obstacles in the way of investors. Research by rental...

Where are the best Crossrail stations for a buy-to-let property purchase?

May, 2022

New research by Revolution Brokers has revealed which Crossrail stations currently make the best investment for buy-to-let landlords based on the average rental yield available in each station...

Rural locations lead as agents report property supply boost

May, 2022

Rural areas are dominating the boost in property supply. Agents have reported an improvement in sales stock in recent weeks. Analysis by Knight Frank suggests a hangover from the “race...

Agents reveal most common culprit when it comes to fall-throughs

May, 2022

Buyer issues have been cited as the main cause of fall-throughs, according to new research. A survey of more than 940 agents, commissioned by ProperPR on behalf of home buying firm HBB...

Then and Now: Guild Members Through the Decades

May, 2022

As Her Majesty The Queen celebrates her unprecedented 70 years on the throne with her Platinum Jubilee, we want to look back on how much the UK Housing Market has changed from when her reign began...

Strong relationship between house price and GDP growth stretches back to 1980s

May, 2022

There is a very strong relationship between GDP growth rates and house price growth – this relationship stretches all the way back to the early 1980s. Assuming this historic...

Rise of the rented bungalow: one in 10 rented homes could be a bungalow in the next 10 years

May, 2022

Nearly one in 10 rented homes in the UK could be a bungalow in the next 10 years, research from Paragon bank has revealed. A survey of over 1,300 tenants in the private rented sector (PRS)...

Government decision to close Help to Buy five months early branded ‘disgraceful’

May, 2022

The government’s decision to end the Help to Buy scheme in October has been branded “disgraceful” by the former Conservative party leader, Sir Iain Duncan Smith. The backbench...

Queen Grants City Status to Guild-Member Locations

May, 2022

In a competition being held as part of the Platinum Jubilee celebrations, a record number of towns from various locations around the UK have been awarded city status , approved by the Queen....

The Queen’s reign: UK house prices see a 130-fold increase

May, 2022

House prices are now more than 130 times higher than they were when Queen Elizabeth II ascended the throne in 1952 (70 years ago), or almost four times higher (365%) when taking inflation into...

MPs call for carbon targets on housebuilding

May, 2022

MPs have called for carbon emissions to be considered when it comes to house building. A report released this week by the Environmental Audit Committee (EAC) warns that to date there...

Buyers back proposals to cut stamp duty

May, 2022

There is growing speculation that the government is planning to encourage pensioners to downsize by offering a stamp duty tax break. The move would be a welcome one, according to the National...

Increasing your portfolio? Don’t panic buy, landlords told

May, 2022

Landlords are being advised not to panic-buy ahead of what may be more difficult lending conditions as the cost of living crisis grows. Personal finance experts at comparison website QuoteZone...

Agents should encourage landlords to apply for new funding scheme

May, 2022

Letting agents are being encouraged to start considering how the properties they manage can become more energy efficient by tapping to funding schemes that are starting to emerge. Propertymark...

Crossrail rental premiums - how much more is charged, and where?

May, 2022

Crossrail rental values have climbed by 15 per cent on average in the last year alone - before this week’s opening of the much-delayed cross-London service. Rental platform Rentd...

The London boroughs with the highest homebuyer demand for a garden

May, 2022

The 'race for space' has seen demand for gardens bloom over the past couple of years and no more so than in our cities. New research by London lettings and estate agents, Benham and Reeves, has...

Revealed! The regional hotspots where agents are using virtual tours

May, 2022

Adoption of virtual tours among estate agents remains low but new data suggests they could boost sales. Industry analysis shows just 4% of listings are being marketed with the option to have a...

Royal Residences: Live like a King or Queen

May, 2022

This year, Her Majesty the Queen is marking her 70th year on the throne. With Platinum Jubilee celebrations being held across the UK, and indeed the world, at The Guild we have scoured the country...

Transaction figures ‘remain robust’ despite fall – industry reaction

May, 2022

Residential property transactions totalled 97,970 in April, 13.9% lower than April 2021 and 10.5% lower than March 2022, according to the latest figures from HMRC. On a seasonally adjusted...

Platinum property prices

May, 2022

As the nation prepares to celebrate the Queen's Platinum Jubilee, we’ve looked back at changes in the housing market during the reign of Queen Elizabeth II. In 1952, the average price...

Credit Rating - Tenants have little understanding of how it works

May, 2022

Many private renters are misguided on what actually contributes to their credit score and thus may not be taking the correct measures to improve it, a lettings industry PropTech firm claims. ...

Buy To Lets with poor EPCs falling out of favour fast - new study

May, 2022

A new survey gives an indication of how quickly properties with poor Energy performance Certificates are falling out of favour in the private rental sector. A quarter of landlords say they are...

Home movers back replacing stamp duty with capital gains tax charge

May, 2022

A survey among home movers has revealed support for making first-time buyers fully exempt from stamp duty and replacing the stamp duty tax with a capital gainst charge on sales. The Anthony...

Feature: The Top Spring/Summer Interior Trends for 2022

May, 2022

With the first flicker of sunshine and warmth comes a world of interior inspiration sure to spark our imaginations and have our homes looking show-stopping in no time. With searches for...

Top hiring hotspots for remote workers

May, 2022

The government's 'levelling up' agenda played a significant role in the recent Queen's Speech. New research indicates that changing employment patterns may well be providing a kickstart. 22...

Capital appreciation still strong despite flurry of interest rate rises

May, 2022

Analysis by Rightmove suggests that capital appreciation remains strong for landlords and owner-occupiers alike, despite the recent flurry of interest rate rises. The portal says the price of...

Property market remains active despite economic headwinds

May, 2022

Despite mounting financial pressures and a rise in the cost of living and interest rates, for the most part, the first quarter of this year has been as busy as ever. Members of The Guild of...

Cost-of-living crisis to halt surge in house prices

May, 2022

Asking prices have risen again but the cost-of-living crisis coupled with increasing mortgage rates ‘will filter through to the market’ and keep the pace of house price growth in...

More than £23bn set to be invested in residential property market this year

May, 2022

Investment in the residential property market is expected to hit a record £16.5bn in 2022, a sharp side rise on the £10.2bn invested into the asset class last year, according to...

Top 10 Questions to Ask Your New Estate Agent

Renting set to prosper as FTBs face “frightening” price rise

May, 2022

The house price inflation facing first-time buyers is “frankly frightening” according to a new analysis which suggests typical FTB house prices are soaring. Direct Line Home...

City rental properties a good investment again, say ex-pats

May, 2022

A mortgage lender specialising in working with ex-pat and foreign buy to let investors says the city apartment and house remain popular, despite the ‘race for space’ during Covid....

New home registrations up 25% in first quarter, reports NHBC

May, 2022

New data released by NHBC shows that UK new home registrations increased by 25% in the first quarter of 2022 compared to the same period last year. A total of 45,991 new homes were registered to...

Scrapping ‘no fault evictions’ could lead to a surge in evictions, warns lawyer

May, 2022

The abolishment of Section 21 eviction notices could lead to a surge in evictions by private landlords anxious to sell their portfolios before restrictions come into force, lawyers fear. The...

Agents advised against cutting fees to attract stock

May, 2022

Estate agents are being urged to reassess their fee structure and not be afraid to reflect the time and level of work they are undertaking to see a transaction through. A report by property...

How will the Renters’ Reform Bill change the sector?

May, 2022

With the Renters’ Reform Bill back on the government’s agenda, Sean Hooker, head of redress at the Property Redress Scheme, will discuss the latest proposals and answer letting...

Feature: The Great British Home Renovation of 2022

May, 2022

Over the pandemic, we all spent more time than normal inside. For many people, that gave us the chance to really appreciate our home, and fall in love with our inside space all over again. As a...

Google is the battleground for vendor instructions - claim

May, 2022

Google rather than the portals is the starting point for sellers finding an estate agent, a survey claims. A survey among 2,000 property sellers by agency website and lead generation software...

Sellers 'snubbing' upfront agency fees

May, 2022

Homeowners may have become less willing to pay upfront fees to sell their home. Despite efforts by online-only brands such as Purplebricks and Doorsteps to change how people pay for estate...

Start of the slowdown? Land Registry records first dip in price growth in 2022

May, 2022

Agents have heralded the beginning of the house price slowdown. The latest Land Registry House Price Index yesterday showed values increased by 9.8% annually in March 2022 to...

House Prices Rising by £24 Every Day for First Time Buyers

May, 2022

While celebrities can often be seen splashing millions of pounds on their first homes, with a whopping £4 million spent by Molly-Mae Hague on her Cheshire pad, the average First Time Buyer...

How does your garden grow?

May, 2022

UK households are spending more on gardens, plants and flowers than ever before. At £7.6 billion, expenditure in 2021 was up by over £1 billion on 2020, and up 39% on five years...

How to Create a Home Fit for Entertaining

May, 2022

From family gatherings to dinner parties, home entertaining is a priority for many. Here are a few ways to make your home an inviting and enjoyable space for guests, whatever the occasion. A...

London lets recovering but many rents still below pre-Covid levels

May, 2022

New figures show that post-pandemic rental prices are on the rise across the majority of the capital but that some rents are still at pre-Covid lows. The research, by rental platform Rentd,...

First-time buyers ‘don’t know enough about mortgages’

May, 2022

A lack of mortgage knowledge could be holding buyers back, research claims. A survey of more than 1,000 consumers by Nottingham Building Society found gaps in awareness about how much of a...

Buyers ‘willing to pay more’ for most energy efficient homes

May, 2022

Almost half of buyers would be willing to pay more for a property with a high energy efficiency rating, research suggests. It is the latest evidence of the greater role that energy ratings are...

Right on track – Crossrail house prices up by as much as 215%

May, 2022

Postcodes with stations due to benefit from Crossrail (CR) have seen house prices increase by 79% since the project was first announced, research by a London agent has found. Benham and...

The UK's most valuable house numbers

May, 2022

The UK has its fair share of famous house numbers, and addresses that are synonymous with their residents. 10 Downing St, 221B Baker St, and 4 Privet Drive just to name a few. New research looks...

Mortgage data suggests buyer demand is waning - claim

May, 2022

A property lender claims to have identified signs that the property market is slowing. Analysis of Bank of England mortgage approval data by Octane Capital suggests the level of buyers may have...

Industry data suggests spring supply boost but fewer sales agreed

May, 2022

Supply is slowly increasing but there are signs that buyers are now biding their time. Analysis by property data company TwentyCi shows the number of new instructions is growing but the...

Don’t delay Renters Reform Bill again - agents warn government

May, 2022

ARLA Propertymark is warning the government that it should not delay further on its long-awaited Renters Reform Bill, because of the uncertainty it’s causing the lettings sector. The Bill...

Which places in England have the most affordable rental rates?

May, 2022

Data analysis also reveals least affordable areas for renting a home Copeland, Ribble Valley, and Staffordshire Moorlands were the most affordable places in which to privately rent in England...

Rental growth hits 14-year high but current levels will soon ‘start to ease’

May, 2022

Average UK annual rental growth has reached a 14-year high, with rents increasing to £995 in Q1 2021, an extra £88 a month compared to the start of the pandemic, new Zoopla research...

Sales slowdown? Portal data suggests transactions are taking longer

May, 2022

There are signs that properties are starting to take longer to sell. A lack of stock in recent months has meant agents have often been able to get homes sold subject to contract (SSTC) at a...

Over 40% annual rent rises reported in pockets of UK

May, 2022

A new market snapshot puts the average rental rise across the UK at a remarkable 18 per cent over the past year. The website Home says a major contributor to the high UK-wide figure is the...

London rents rising at a record pace as demand soars

May, 2022

Rents in London are increasing at a record level with growth being fuelled by renters returning from outside the capital, new research shows. Over the last 12 months, rents in London have risen...

Tips for Settling In

May, 2022

How do you become a local when settling into a new area? When you attend a new school as a child, go to university for the first time, even start a new job – there is almost always someone...

Top ways to make your home eco-friendlier this summer

May, 2022

With energy bills reaching record heights from 1 April for approximately 22 million UK customers, those on default tariffs paying by direct debit will see an increase of £693 i . It is...

Is now the perfect time to convert a property into residential?

May, 2022

The UK property market is moving faster than ever. With housing construction at an all-time low and property prices soaring, now is the perfect time to take advantage and purchase a commercial...

Average commute rises for private renters

May, 2022

Traditionally, those living in private rented homes have tended to live close to their place of work. This is often a lifestyle choice to minimise commute times/cost and to enjoy city living....

Tenants staying for longer to avoid being faced with higher rents

May, 2022

Tenants are looking to stay in their existing rental property for longer as they look to avoid higher rents elsewhere, new insight from Rightmove reveals. A fresh study among almost 1,300...

Do tenants want to rent 'bills-inclusive' properties?

May, 2022

The cost of living crisis may be changing tenants’ preferences to such a degree that bills-inclusive properties are becoming increasingly popular. That’s the suggestion of...

Most landlords ‘behind’ on energy efficiency improvements - claim

May, 2022

A survey of over 600 landlords by a business insurance service has found that 55 per cent have still to make improvements to their properties to enhance their energy efficiency. As most...

Over half of available land plots snapped up by developers

May, 2022

Approximately 54% of all available land plots listed for sale across England have already been snapped up by developers, research from property purchasing specialist, HBB Solutions, shows. HBB...

High buyer demand continues to put ‘more upward pressure’ on house prices

May, 2022

The pandemic trends that emerged at the end of the first lockdown in the early summer of 2020 – the search for space, movers looking to move to a different location – are still being...

Drivers & Norris achieves ‘Standard of Excellence’ to make The ESTAS shortlist for 2022

May, 2022

Drivers & Norris has been recognised for delivering outstanding customer service to its clients, making the shortlist of The ESTAS - the biggest award scheme in the UK residential property...

RICS: No signs of a slowdown in house price growth yet

May, 2022

The limited amount of property stock continues to push up house prices despite the cost of living concerns, surveyors claim. The latest RICS Residential Market Survey for April found new buyer...

Here is all you need to know about the Levelling Up and Regeneration Bill

May, 2022

The government has revealed further details on its Levelling Up and Regeneration Bill, which was given its first reading yesterday. The policy paper released yesterday explains how, through the...

Going up: rents rise in all regions

May, 2022

The average rent in the UK at the end of April 2022 was £1,091 pcm (per calendar month), up 9.5% on the same time last year and up 1.2% from March. Positive annual and monthly change...

Revealed! The London boroughs with the most million-pound sales

May, 2022

London accounted for almost half of million-pound plus property sales over the past 12 months but the most active borough at this price point may surprise you. Analysis of Land Registry data in...

Revealed - UK cities that student landlords should invest in

May, 2022

Letting to students can be an excellent opportunity for landlords and investors. Landlords and investors who are aware of yearly revenue from student rentals, rental costs, and the population...

Speedy sales adding fraud risks for estate agents – warning

May, 2022

Speedy property sales may not be as good as they seem, an industry figure has warned. Recent figures released by Rightmove indicate that the time taken to sell a property has halved over the...

Renters Reform Bill - in the government’s own words

May, 2022

This is the entirety of the detail given by the government about the Renters’ Reform Bill, confirmed in yesterday’s Queen’s Speech. --- Renters Reform Bill ...

Agents need ‘clarity’ after government commits to scrapping Section 21

May, 2022

Boris Johnson’s government has once again pledged to reform renters’ rights by scrapping no-fault evictions in England. Proposals designed to overturn Section 21 of the 1988 Housing...

Queen’s Speech 2022: Rental reform will see scrapping of section 21

May, 2022

The Queen’s Speech has included plans for legislation that should radically reform the rental sector within the next parliament. The speech, which was read out for the first time by...

Average two-year mortgage surpasses 3% for first time in over seven years

May, 2022

Mortgage rates continue to increase, with the average overall two-year fixed rate rising above 3% for the first time in over seven years, the latest data provided by Moneyfacts shows. April saw...

Easy Ways to Update Your Home Ready to Sell

May, 2022

When preparing to sell your home, a few small enhancements can have a considerable impact on that first make-or-break impression. Here are a few tips to help you hook a buyer right away and set...

Bye Bye Buy To Let? Big investors want to take over rental sector

May, 2022

The strong fundamentals of a rental market with a chronic undersupply are attracting a growing amount of institutional capital says Knight Frank. More than £1.4 billion worth of deals...

Cost of AML compliance hits £6m for estate agents

May, 2022

The estate agency sector is now paying almost £6m for anti-money laundering (AML) supervision. Businesses are legally required to register for AML supervision with HMRC, costing...

Tax Take - Second home owners who don’t let out must pay more

May, 2022

Leaks from government ahead of this morning’s Queen’s Speech suggest that second homes which are not let out are likely to face higher council tax bills. The leaks say that the...

What to expect in today’s Queen’s Speech when it comes to housing

May, 2022

The Queen will miss today’s State Opening of Parliament for the first time in almost 60 years, with the Prince of Wales reading the Queen’s Speech for the first time. Prince...

Rental properties become more energy efficient, say tenants

May, 2022

A survey conducted by financial institutions has found the first suggestion that rental properties are slowly becoming more energy efficient. A study by the NatWest and the ratings agency...

Capital appreciation roars ahead but won’t last much longer - warning

May, 2022

Landlords have enjoyed more capital appreciation with the average UK house price rising again in April, up by 1.1 per cent or £3,078, in the month, according to the Halifax house price...

Prime London lettings market back with a bang insists agency

May, 2022

Rents in prime areas of London are nine per cent higher today than before the pandemic according to Knight Frank. The high end agency says the number of market valuation appraisals it...

On the house! Prime buyers continue to snub flats

May, 2022

Houses continued to be the preferred property type for prime London buyers last month as flat sales continue to struggle amid the ‘race for space.’ Data from prime London property...

Housing market approaching a crossroads as economic pressure intesifies

May, 2022

Across all areas of the UK demand for property continues to outpace available supply, with asking prices hitting new record highs for the third month in succession. Despite this, due to increased...

The Bank of Mum and Dad continues to support buyers

May, 2022

In March, borrowers continued to rely on their loved ones to boost their borrowing power, according to new research from Legal & General Mortgage Club’s SmartrCriteria tool. Searches...

Government urged to scrap stamp duty surcharge for landlords

May, 2022

The government should aim to boost the supply of much-needed housing stock in the private rented sector by scrapping the 3% stamp duty surcharge for buy-to-let landlords acquiring additional...

Interest rate rise

May, 2022

UK interest rates were raised for the fourth time since December (on 5th May 2022), by a quarter of a percentage point to 1%. This is the fastest increase in borrowing costs in 25 years....

Property industry reacts to latest Bank of England interest rate hike

May, 2022

Interest rates have increased again for the fourth time in just a matter of months. Mortgage holders, house hunters and savers will be affected by the Bank of England’s decision to...

Bank of England increases base rate to 1%

May, 2022

The Bank of England (BoE) has increased the base rate by 25 basis points to 1%, the highest level since 2009. The Monetary Policy Committee (MPC) voted by a majority of 6-3 to increase the bank...

UK house prices soar – property industry reaction to latest Halifax HPI

May, 2022

Average house prices in the UK have hit another record high, despite an interest rate rise and Britons facing a mounting cost of living crisis. Monthly house prices grew 1.1% in April pushing...

Revealed! Where agents sold homes above asking price last year

May, 2022

Agents helped vendors sell homes at 97.9% of asking price on average last year, research claims. Analysis of portal and Land Registry data by agency comparison website GetAgent found just one...

‘Price on application’ in property listings deemed unlawful

May, 2022

The National Trading Standards Estate and Letting Agency Team (NTSELAT) has set out its position that the use of ‘POA’ or ‘price on application’ in property listings is...

Up! Up! Up! Rents leap further to yet another new record

May, 2022

The average rent in the UK has hit another record high of £1,091 after a 1.2 per cent increase in the past month. The figure - provided by HomeLet - shows that when London is excluded the...

Industry reacts as mortgage approvals dip

May, 2022

Gross lending rose to £26.5bn in March from £26bn in February, while gross repayments dropped to £19.7bn down £1.3bn from February, the Bank of England’s March Money...

Bank of England poised to hike interest rates to 13-year high

May, 2022

The Bank of England is today expected to raise interest rates to their highest level since 2009, as the central bank looks to tackle soaring inflation, while not exacerbating the UK economic...

The Gift that Grows: Enter the Guild Garden Competition

May, 2022

Picture the scene... the sun is shining, the bees are buzzing and your garden is thriving! The Guild wants to help make that a reality for one lucky person. We are giving away a prize perfect for...

We Told You! Propertymark warns on impact of government policy

May, 2022

The chief executive of Propertymark says a warning from agents about rents rising and stock diminishing as a result of a “hostile market” against landlords is now coming true. Data...

New project announced to modernise the home energy rating scheme

May, 2022

Building Research Establishment has announced that it will develop a new methodology to better measure the energy performance of UK homes and to be more suited to decarbonise technology, such as...

More than half of homes fail to meet modern insulation standards

May, 2022

More than half of properties across England and Wales only meet insulation standards of 1976 or older. The startling figures, based on Energy Performance Certificate (EPC) statistics held by...

On the move

May, 2022

More than 1 in 3 are in the process of, or are considering moving home, according to a survey of 3,000 respondents conducted by Nationwide in April. Housing market activity remains buoyant,...

Agency stock shortage 'slowly easing' - Zoopla

May, 2022

The property supply shortage may be easing but Zoopla has warned it will still take some time for stock to be restored. Analysis by the portal found that the supply of homes newly listed for...

Millions of homes pushed into higher stamp duty brackets

May, 2022

A sharp rise in house prices have pushed more than four million homes into higher stamp duty or equivalent tax brackets during the coronavirus pandemic, according to new estimates from Zoopla....

Insight: Why investors should set their sights on Liverpool

May, 2022

Liverpool has become the hotspot for property investors and homebuyers alike, with property price growth over the last year higher in Merseyside than in any other major city. With the property...

Government considers giving more tenants the Right To Buy

May, 2022

The government is reported to be considering extending the Right To Buy from just council tenants in England to housing association renters as well - and a former Housing Secretary says he wants...

House price growth slows as cost of living crisis starts to hits the market

May, 2022

House price growth is expected to hit single digits by the end of the year as the cost of living crisis continues to bite and property supply starts to slowly recover. It comes as Nationwide...

Fall in first-time buyers could adversely affect transactions as cost-of-living crisis bites

May, 2022

With the cost of living crisis continuing to bite, a number of first-time buyers across the UK have been forced to review their budgets, according to a new report. Savills says that the impact...

Homes for sale remain in short supply

May, 2022

The number of homes listed for sale is still 9% lower than this time last year according to latest research*. Low stock levels, combined with relatively high demand, create log-jams for...

Rents rise again in April

May, 2022

Rents in England increased further during April, although this was matched by another rise in tenant incomes – with the month setting a new record for take home pay, the latest Goodlord...

Tenants stay for longer in rented properties

May, 2022

Tenants are looking to stay in their rented properties for increasingly longer periods of time, according to Propertymark. Given the increase in rental prices and lack of stock available, more...

Top city price hotspots unveiled

April, 2022

Bath is the top city price hotspot across Great Britain, with asking prices rising 15% over the last year, more than any other city, new figures show. Truro in Cornwall is the second city...

The Building Safety Bill becomes law

April, 2022

The Building Safety Bill has become law after receiving Royal Assent yesterday. The 262-page act is intended to “create lasting generational change” to the way residential...

Are rising rents enough to tempt landlords back into the market?

April, 2022

Despite headlines over the last few years being largely dominated by record house prices, in some cases, the rental market has outpaced the sales market, a fact not missed by would-be landlords,...

Pets - momentum builds for more animal-friendly lettings

April, 2022

New research appears to be adding to the momentum to have more flexibility over pets in private rental accommodation. Nearly one in five tenants say that permission to keep pets is one of...

Revealed - best capital appreciation areas of prime London

April, 2022

Landlords seeking capital appreciation from a recovering prime London market have been provided with a league table by a debt advisory service. The Henry Dannell company say that while prime...

Five top tips for property investors this year and beyond

April, 2022

With bricks and mortar proving ever-popular and house prices continuing to rise, the opportunities for first-time and seasoned property investors are endless. That is according to Kirsty...

New research reveals renters priorities

April, 2022

A new report which surveyed over 1300 renters has highlighted how 18% of tenants place the permission to keep pets in the top three priorities for their rented home, according to Paragon Bank....

Market Boom - forecast rents could rise by up to £1,500 next year

April, 2022

A rental platform forecasts that within 12 months the average UK tenant could be paying £800 more a year in rent - and in some regions, much more. Following a turbulent pandemic period,...

Buy To Let loans fall over long term despite recent sector resurgence

April, 2022

Buy To Let may have had a resurgence in the past year but long-term lending patterns suggest landlords have been hit by government changes to tax and regulation. An analysis by lending service...

Down valuations hit almost half pandemic property purchases

April, 2022

Down valuations occur when a surveyor acting on behalf of a mortgage lender considers a property to be worth less than the price already agreed by the buyer and seller. This means that they will...

Gear up for your next home

April, 2022

The ongoing energy crisis has not only sparked concerns about the energy efficiency of our homes, it has also made us consider the type of vehicle we drive. A recent survey by the Home...

Fixer-Uppers may cost landlords more than pre-modernised homes

April, 2022

Are fixer-uppers really the cheap and cost-effective investment many believe? They are popular amongst landlords but research by lettings agency Benham and Reeves has analysed the current cost...

A large number of agents are putting their businesses at risk – The Guild

April, 2022

The Guild of Property Professionals has expressed grave concern that many property professionals, including estate agents, are openly worried about their own Anti-Money Laundering (AML) compliance...

Investors: hedge against rising inflation with property

April, 2022

In this guest piece, Judith Tan, head of capital markets at EstateGuru, looks at how investors can hedge their bets against rising inflation by investing in property. Less than two...

Buyers 'happy to pay' for upfront sales information

April, 2022

Buyers are happy and ready to pay for more upfront material information when it comes to purchasing a property. It comes as agents prepare to comply with new rules from next month that all...

Rising house prices help boost HMRC’s tax take

April, 2022

Rising house prices boosted HMRC’s coffers during the previous tax year. Analysts suggest the booming housing market has meant HMRC has attracted more funds from stamp duty payments as...

Increase in housing supply leads to rise in agreed sales

April, 2022

Although estate agents’ stock is still historically low, there was an increase in the number of new properties coming to the market last month resulting in a rise in sales being agreed,...

Comment: Urban buy-to-let deals soar

April, 2022

As has been well documented, buy-to-let (BTL) activity was up strongly last year, but a particular quirk of 2021 was the rise in purchase activity in urban centres. Many predicted that a...

Almost a third of adults struggling to pay for housing: ONS

April, 2022

The Office for National Statistics (ONS) has revealed that 30% of adults currently paying off a mortgage or facing rent bills find it very or somewhat difficult to afford housing costs. The...

Rents rising with more tenants paying above going rate to secure property

April, 2022

Average UK rents have increased for the sixth consecutive quarter, according to The Deposit Protection Service (The DPS), with some tenants paying above the going rate to secure a property. The...

Record numbers of homes are being purchased chain-free

April, 2022

Record numbers of buyers are now purchasing homes chain-free research suggests. Analysis by Hamptons has found that an increase in the share of homes being purchased by first-time buyers and...

Remote working to remain a factor for property purchases - Rightmove

April, 2022

The trend for remote working could continue to influence the property market into next year, Rightmove claims. The portal’s data shows there has been an increase in potential buyers...

Property industry reacts to Rightmove House Price Index

April, 2022

The average price of property coming to market this month has added 1.6%, or £5,537, to the average price of a property, which has hit £360,101, according to Rightmove. Despite...

Properties selling at record pace as Rightmove predicts gradual house price slowdown

April, 2022

Properties are selling faster than ever either at or above asking price, Rightmove claims. It comes as the portal revealed that the price of property coming to market hit record highs for the...

Sustainability on minds of home movers

April, 2022

Almost three-quarters of people are worried about the energy efficiency of their homes given the ongoing energy crisis, according to a recent survey by the Home Builders Federation (HBF)....

Buyers demand energy-efficient homes

April, 2022

The majority of property buyers are prepared to pay more for properties that primarily use renewable energy, a new study shows, while a third of buyers think EPC ratings are more important now...

Ground rent charges to be banned on new residential leases

April, 2022

The government has confirmed that, from 30th June 2022, ground rent charges will be banned on most new residential leases in a move that forms the first part of a reform package that will make...

Check your property’s EPC rating, homeowners are told

April, 2022

It could save them hundreds of pounds An online mortgage company has advised homeowners to check their properties’ Energy Performance Certificate (EPC) ratings to potentially unlock...

Property sales ‘continue to inhabit a parallel world to all the economic indicators’

April, 2022

Residential property sales fell by more than a third in March compared with the same month a year earlier, according to the latest data provided by HM Revenue and Customs (HMRC). An estimated...

Landlords’ market strengthens in prime London - rents up, voids down

April, 2022

The number of properties available for let in prime central parts of the capital has consistently trended down from the peak of available stock in July 2021 according to the investment...

Government plans to bring in new laws to combat fake reviews

April, 2022

The government has announced that it plans to clampdown on fake reviews in a bid to protect businesses and people from false comments. Proposals include making it “clearly illegal”...

A Guide To Green Mortgages

April, 2022

With a keen interest in sustainability becoming a growing trend for homeowners and the broader community, many Brits are open to a 'green mortgage' - but what is it? What is a green...

Georgian properties commanding huge price premiums

April, 2022

The ongoing popularity of Downton Abbey and more recently, Bridgerton, have kept Georgian era property firmly at the top of the nation's property wishlist for over a decade. However, if you're...

Yields dip but forecast remains for strong demand through 2022

April, 2022

Annual rental yields in England and Wales have dipped but tenant demand is set to stay strong for the rest of 2022, says buy to let lender Fleet Mortgages. Its latest market snapshot shows...

Tenant demand hits all-time high – research

April, 2022

It almost quadruples since pandemic started The proportion of landlords who have reported increasing tenant demand has reached an all-time high at 62%, according to research released by...

Supply and demand disparity pushes prime country house prices to new high

April, 2022

The pandemic fuelled 'race for space' has seen prime regional house prices grow at their strongest annual rate since Q3 2009 in March, taking average values to a new high, according to the latest...

House prices set to rise further based on transactions currently underway

April, 2022

UK house prices look set for new record highs in the coming months despite the cost of living squeeze. Residential property prices have continued soaring in recent months despite 30-year high...

More choice for buyers and renters

April, 2022

More choice is returning to the housing market, with agents reporting a rise in new instructions in both the sales and lettings markets. The net balance of respondents reporting a rise in...

Aspiring holiday let landlords – top tips from a lending expert

April, 2022

With new research finding over 10 million UK adults are considering becoming a holiday let landlord and the volume and total value of completions for new holiday let purchases doubling...

London records strong price growth as City workers return to their desks

April, 2022

The UK’s prime residential markets saw further price growth in the first quarter of 2022 underpinned by high levels of buyer demand and continued low levels of properties for sale, according...

Britain’s most expensive seaside towns: Which location tops the list?

April, 2022

Sandbanks in Dorset is Britain’s most expensive seaside town with average prices of £929,187, up 10% in 2020, according to new research from Halifax. Salcombe, Devon, 2020’s...

Top Tips for First-Time Landlords

April, 2022

If you’re contemplating becoming a landlord for the first time, there are lots to consider. Here are some important ways you can prepare your home and ease your mind when taking the leap....

The Buy v Rent equation

April, 2022

For a buyer with a 25% deposit, the monthly mortgage payment in all areas remains lower than the equivalent monthly rent for a 2-bed flat (2-year fixed rate mortgage, over 25 years)....

Buyers 'returning to London' as offers surpass pre-pandemic levels

April, 2022

London’s prime sales market is set to underperform compared with 2021 but is still looking to be better than the pre-pandemic three-year average, analysis suggests. Research by property...

UK Build-to-Rent homes increase by a fifth year-on-year

April, 2022

Analysis published today by the British Property Federation (BPF) shows the Build-to-Rent (BTR) sector continues to grow at pace, with the number of completed homes increasing by a fifth in the...

Rent to rise this year and the long term - latest market info

April, 2022

The latest market sentiment survey of the lettings market from the Royal Institution of Chartered Surveyors suggests that rent rises will continue all the way through summer and into future years...

Number of homes coming to market rises for first time in 12 months

April, 2022

The number of new homes listed for sale has increased for the first time in 12 months, potentially taking some of the heat out of a surge in house prices, according to the latest RICS...

Go green and invest in the planet this Earth Day

April, 2022

Earth Day 2022 falls on Friday 22nd April and celebrates it’s 52nd year this year. The worldwide initiative encourages businesses, governments and individuals to act boldly, innovate...

House price growth at five-month high but agents warned change is coming

April, 2022

House price growth hit a five-month high in February, according to Land Registry data but there are warnings that this will be short-lived. The Land Registry’s latest House Price Index...

Investor bargains to be had in parts of London, admits agent

April, 2022

Prime central London may not seem to most obvious part of the UK for buy to let investors but a leading lettings agent admits there are bargains to be had. Research by Benham and Reeves has...

Top end of the London property market ‘looks set to outperform’ – LonRes

April, 2022

LonRes, which holds a definitive database of historical data from the London sales and rental markets (and which, since 2017 has extended the data to the country market), has published its latest...

Property supply rises for first time in 12 months - RICS

April, 2022

The supply shortage may be coming to an end. That is the view from the latest RICS Residential Market Survey. The research among surveyors and agents found that the number of new homes...

Property industry reaction to news that house prices went up 10.9% in the year to February

April, 2022

The industry has been reacting to two price indexes released yesterday by the Office for National Statistics. They were published on the day it was announced that inflation has taken hold in...

The Five Best Questions to Ask During a Viewing

April, 2022

Purchasing property is a huge decision and when you’re viewing houses, it’s important you’re armed with the best information to help you decide by asking questions. With...

Easter addresses

April, 2022

Nearly 1,700 property sales have taken place on Easter- related addresses over the past 12 months. At £731 million, their sales value is significantly more than the £415 million set...

Eco-friendly homes ready to move in

April, 2022

There are many upgrades you can make to your home to increase its efficiency rating including installing solar panels , upgrading your insulation and changing to a green...

Room Rents hit record highs across most of urban Britain

April, 2022

Room rents in most major UK urban locations are now at a record high according to flatshare service SpareRoom. Some 41 out of the 50 largest towns and cities hit record levels in the...

Going Up! Five year rental forecast makes happy reading…

April, 2022

The latest forecast for the UK lettings market this year is that there will be a four per cent rise in rent on average and, over the next five years, a substantial 17.1 per cent increase....

Leading agent signals the end for double digit house price growth

April, 2022

Knight Frank has issued a stark warning that house price growth is set to slow. House price indices from lenders such as Nationwide and Halifax have registered double-digit growth in property...

NRLA reaction to the report on the regulation of the PRS

April, 2022

Ben Beadle, Chief Executive of the National Residential Landlords Association, who provided oral evidence, responds to the Public Accounts Committee’s report on the regulation of the private...

Private rental property conditions and enforcement slammed by MPs

April, 2022

Private rental property conditions and the enforcement of regulations by councils and government have all been in the firing line from a group of MPs. The all-party Public Accounts Committee of...

Massive leap in rents in prime central London, agency claims

April, 2022

There’s been a remarkable 15 per cent leap in average rents achieved in prime central London over the past year, according to the JLL agency. The figure, as of the end of the first...

Criteria restrictions see Help to Buy continue to decline

April, 2022

The impact of the Help to Buy scheme within the new-build sector has been in slow decline, despite Help to Buy transactions still accounting for a sizable proportion of homes delivered by the...

Collapsed sales may rise as mortgage lenders toughen up - warning

April, 2022

Increasingly cautious mortgage lending could dampen the property market and cause more sales to fall-through, it has been warned. Recent house price data has shown record property values but...

Poor credit score responsible for 1 in 10 giving up getting a mortgage

April, 2022

As a growing number of Britons say their credit score has worsened since the pandemic, new research by The Mortgage Lender has revealed that poor credit scores have deterred one in 10 from...

Top Tips for Finding Your Forever Home

April, 2022

Buying a home to get onto the property ladder is one thing, but when you’re finally in a position to purchase your forever home, you want to get it right. A ‘forever home’ is...

What to ask a landlord when looking around a potential new home

April, 2022

Cost The first question on everyone’s mind: the cost. Start by double-checking how much rent will cost, the deposit amount, and if any bills (such as water or electricity) are...

For the first time since 2016, investors bought more properties than they sold

April, 2022

Hamptons monthly letting index for March 2022 shows that the appetite to invest in property is on the rise again as the share of homes bought by landlords across Great Britain rose from 12.0% in...

Landlords feel they should help tenants offset energy bills, claims suppler

April, 2022

Growing concerns over inflation and the cost of living are changing the way landlords interact with their tenants, it’s being claimed. A recent study of some 600 landlords by buy-to-let...

Rental market set to stay strong as first time buyer deposits soar

April, 2022

A new analysis of prospective first-time buyers suggests that the cost of their initial deposit has soared in the past decade - suggesting demand for rental property will stay strong. Finance...

Landlords buying in high-yield areas as hedge against inflation - claim

April, 2022

Buy to let landlords are increasingly looking to the highest yielding areas of the country as a way to maximise their returns and hedge against inflation. That’s the view of...

Rent levels hit new high - but there’s a warning they won’t stay there

April, 2022

New data from Connells-owned brand Hamptons shows that the average cost of a new let in Britain rose to £1,115 pcm, up 9.1 per cent from its 2021 low in March last year. But the agency...

Mortgage mayhem! Technology platform predicts 1m home loan searches this month

April, 2022

Mortgage search platform Twenty7Tec is predicting there could be one million searches for home loans this month. The technology company, which lets users such as brokers search and apply for...

Revealed: Here are the best places to live in London and across the UK

April, 2022

The best place in the UK to live is…. Ilkley in West Yorkshire. The town tops a list of 70 locations to be named the UK’s best place to live by the Sunday Times. It was...

Stuck in a chain? Three ideas to help you get moving

April, 2022

Property chains are common, but the frustration of being stuck in a slow one can add additional anxiety to an already stressful time. Scott Clay has some advice to help speed things up A...

Easy Spring-Cleaning Tips

April, 2022

The arrival of spring typically signals that it is time to give your home a good cleaning. After a long winter indoors, spring cleaning helps your home feel fresh and ready for the coming season....

Government’s new energy strategy comes in for criticism

April, 2022

If the government thought that its headline-grabbing Energy Strategy would receive a comfortingly warm reception it may have been disappointed. Headlined in its press release as a...

Mind The Gap! Here’s the rent gap between London and the suburbs

April, 2022

New research claims to show the rent gap between lets in London and those in suburbs up to an hour from the capital’s centre. PropTech platform Rentd, which conducted the study, says...

Mortgage rates rise but remain low

April, 2022

Since the start of 2022 interest rates have risen by 0.5%, however for those looking to purchase a home many mortgage rates remain attractive. It is estimated over 1 in 4 households are on...

House prices hit record high but analyst questions if now is a good time to buy

April, 2022

Homeowners are now earning almost as much from their property as they are from their salary after prices hit new highs. The latest Halifax House Price Index for March shows property...

The fastest and slowest areas of England's property market

April, 2022

Much the same as prices and supply, disparity can also be found when looking a completion times in England, with newly released data revealing that both rural and city locations are subject to...

Capital appreciation - new league table shows unexpected winner

April, 2022

New research has produced a league table of locations where capital appreciation in the past year has exceeded the average wage of £31,620. GetAgent’s analysis shows that the...

OPINION: Anti money-laundering – why are housebuilders treated differently to estate agents?

April, 2022

Tim Barnett is CEO of Credas – an anti-money laundering technology platform – and he asks a very relevant question. Why don’t housebuilders have the same obligations as estate...

Are you up to speed with UPRNs?

April, 2022

Unique Property Reference Numbers, or UPRNs, are increasingly being used in property sales transactions, and estate agents need to be aware of the importance of their use in the process. As of...

Regional Property Market Update Spring 2021: London

April, 2022

Standing firm 2022 has started strongly. Sales volumes in January are predicted to be 10% higher than their long- term (2012–2021) average and, except for a year ago, are the strongest...

Eco-friendly to boost capital appreciation identified by agent

April, 2022

Letting agent Barrows and Forrester has identified how eco-improvements can add value to properties. Insulation - Upgrading a home’s insulation, specifically solid wall...

Older renters of the future

April, 2022

More than one in four private rental households could be headed by a person over the age of 55 by 2035 according to a new report by the Social Market Foundation. A greater proportion of...

Average rents hit record high of £1078

April, 2022

The average rent in the UK has reached another record high of £1078, up 0.8% on last month, according to the latest market analysis from HomeLet. The data shows that when London is...

Advertising watchdog open to considering SSTC listing complaints

April, 2022

The Advertising Standards Authority (ASA) has said it may consider complaints about ‘misleading SSTC listings’ on portals but suggests it may be more of an issue for Trading Standards...

Right to rent – new Home Office code of practice comes into force today

April, 2022

A new Home Office Code of Practice came into force today making changes to what letting agents in England need to do to carry out Right to Rent checks. Timothy Douglas, Head of...

Cost of living crisis for landlords and tenants set to worsen

April, 2022

There’s a new warning that the cost of living crisis facing landlords and tenants could get sizeably worse thanks to yet another energy price rise this coming winter. The Cornwall Insight...

Cost of renting rising across the regions – Goodlord

April, 2022

The latest Rental Index from Goodlord has recorded a sizeable increase in the cost of rent during March – taking averages to their highest levels since August 2021. This has been...

Prime London landlords rejoice - rent rises highest for over a decade

April, 2022

Annual rental growth in prime London reached 11.1 per cent in the first quarter of this year, following a 3.4 increase in the first three months of 2022, according to Savills. This is the...

Leashold reform – Act comes into force in June

April, 2022

The Association of Leasehold Enfranchisement Practitioners (ALEP) has welcomed confirmation that the Leasehold Reform (Ground Rent) Act 2022 will come into force on 30 June 2022, but has warned...

Where is the best UK city for renters in 2022?

April, 2022

The cost of living is on the rise, and people around the world are struggling more than ever to make their monthly salary cover their bills. But which city offers the most financial security for...

Feature: How to Buy a Buy-to-Let Property

April, 2022

Thinking of investing in property? On the surface, buying a property to rent seems like a surefire way to generate extra income and build financial security. However, the reality is that it has...

Top Things to Consider when Choosing a New Conservatory

April, 2022

With the clocks going forward once again, the summer months suddenly feel rather close! Perhaps you’re already thinking ahead to how you can best make the most of those long evenings from...

How to Inject Colour into Your Home This Spring

April, 2022

Spring has officially sprung! This means it’s time to get rid of the heavy fabrics, dark colours and fluffy blankets and embrace natural materials, lighter fabrics and brighter shades in...

Search digitisation speeds up after sluggish start, claims Land Registry

April, 2022

A government aim to improve the home buying process by making Local Land Charge search results instantly available is well underway, it’s been claimed. Alison Bradbury - the head of the...

Housing minister consults with activists over rental reforms

April, 2022

Housing minister Eddie Hughes MP has met with activists to discuss the government’s reform proposals for the private rental sector. They were part of the Renters Reform Coalition....

Home Information Packs - are they making a comeback?

April, 2022

Agents and conveyancers have signed up to a new buyers’s and seller’s property information form that is described as having been inspired by the old Home Information Park. ...

Activity picks up in prime central London

April, 2022

Q1 figures have revealed that, after a largely muted two years, activity in prime central London has begun to stir and is now stronger than the rest of the country. According to the latest...

How to Find the Right Tenant for Your Property

April, 2022

If you’re thinking of becoming a landlord, finding the right tenant for your property is crucial. Here are our top 10 tips to find the right tenant for you. 1. Make...

Rightmove’s hotspot league table - are you here?

April, 2022

Rightmove has created a league table to identify where new buyer competition is the hottest across the UK housing market. Across the country, there are now more than twice as many buyers as...

Property buyers reveal their biggest regrets

April, 2022

Property management, parking and gardens top the list of things homebuyers wish they had thought about before purchasing their home, according to a new survey. More than 7,000 buyers who bought...

City centres bounce back to life

April, 2022

Total footfall averaged across the UK's 63 largest city centres for February is as high as it has been for two years, according to Centre for Cities/Locomizer. Weekend footfall is back to...

London exodus reverses as rental demand climbs in Q1

April, 2022

With tenants returning to the capital in 2022, research by rental portal Rentd has revealed that the London rental market has seen a quarterly increase in rental demand in the first quarter of the...

Elevated buyer demand drives faster-moving market

April, 2022

Buyer demand has remained unseasonably strong throughout the first three months of the year. As the chart below shows, buyers’ appetite for homes is competing with levels seen last year when...

Soaring energy costs see tenants braced for rent hikes

April, 2022

With the energy cap set to increase from today, new data from flat-sharing site SpareRoom has revealed the most pressing concerns for tenants, with 96% worried about spiralling living costs....

Supply drought continues - with rents rising as a consequence

April, 2022

The great imbalance between tenant demand and available stock continues, according to the latest market snapshot from the letting agencies’ trade body Propertymark. In February,...

Government decision to freeze housing benefit rates ‘is simply absurd’

March, 2022

The National Association of Residential Landlords (NRLA) has slammed the government for continuing with its freeze on housing benefit rates, despite the growing cost-of-living crisis. The...

Tenancy Disputes - new insights into a common problem

March, 2022

A study by the Tenancy Deposit Service has found that garden maintenance remains one of the most common reasons behind deposit disputes. Over 2,000 property agents and landlords responded...

Going Green - buyers demand more eco features in their next home

March, 2022

Buyers are focusing increasingly on green fixtures and fittings according to a new study. Insurance firm Aviva says the most in-demand features listed by people considering buying a new home...

Homebuyer demand falls in Q1

March, 2022

Across England, average homebuyer demand for Q1, 2022, sat at 64.3%, down -1.4% on the previous quarter when the stamp duty holiday finally finished, according to the latest market analysis from...

House price growth soars to 18 year high

March, 2022

Annual house price growth increased to 14.3%, from 12.6% in February - the strongest pace of increase since November 2004, according to this morning's data released by Nationwide. Regionally,...

Rental Reform White Paper - has it been delayed AGAIN?

March, 2022

The government appears to have admitted that the long-awaited Rental Reform White Paper has now been delayed yet again, this time until the autumn. In a civil servant job description the...

Fitzrovia – is Prime Central London’s hidden gem getting ready to shine?

March, 2022

When most people think of Prime Central London, they likely think first of Mayfair, Knightsbridge, Chelsea, Kensington, Belgravia, Holland Park and, more recently, Marylebone. But Fitzrovia, the...

Build to Rent is part of the solution to London’s housing crisis, says research

March, 2022

Build to Rent (BTR) homes could help more Londoners find affordable, high-quality accommodation with additional amenities, playing its part in solving London's long-term housing crisis. That's...

Grants available for Electric Vehicle chargers on rental properties

March, 2022

Owners of some rental properties, and agents acting on their behalf, can now apply for grants to contribute towards the cost of installing Electric Vehicle chargers. To access the grant, a...

Is this what the UK’s dream home looks like?

March, 2022

Despite a recent slip in buyer demand ahead of the usual annual spring bounce of activity, the UK housing market remains incredibly challenging for both buyers and sellers, with average house...

Solar savings: 0% VAT on solar panels, heat pumps and insulation

March, 2022

In his Spring Statement on 23 March 2022, the Chancellor announced the scrapping of VAT on materials and installation of energy efficiency equipment for homes. Energy efficiency is becoming...

London is currently the most challenging market for agents, says Homesearch

March, 2022

London is currently home to the most challenging housing market conditions for estate agents, owed in large part to the shortage of new homes coming onto the market in the capital, new research...

Long term capital appreciation - where performs best over 25 years?

March, 2022

For investors who keep their buy to lets for substantial periods - up to 25 years in some cases - a new analysis shows where capital appreciation has been strongest. Financial consultancy Henry...

Spring Market Report

March, 2022

SPRING CHEER The desire to move remains on the agenda for many, with little sign at the moment that economic headwinds are impacting the property barometer dial. So far, 2022 has started...

Average house prices up 8.1% in February: Zoopla

March, 2022

UK house prices rose by 8.1% in the year to February, a slight dip from 8.4% in January, but up from 4.2% in February last year, according to the latest data released by Zoopla. While buyer...

Pets In Lets: Another agency reports growing pet-friendly demand

March, 2022

A leading lettings agency says increasing numbers of tenants are seeking pet-friendly homes to rent. Chestertons claims up to 35 per cent of tenants currently looking for rental properties in...

Tenants getting older - dramatic demographic changes on the way

March, 2022

Homes headed by a person over the age of 45 will account for at least half of all privately renting households by 2035. A report by the Social Market Foundation and sponsored by the...

How to avoid delays during a property transaction

March, 2022

There's no denying that today’s housing market is a seller’s market. Demand for property is through the roof and homes are selling at a record pace, often for money well above the...

Economic growth forecast lowered to 3.8%

March, 2022

The Chancellor warned that the global economic outlook is 'challenging' in his Spring Statement. The OBR has lowered its economic growth forecast to 3.8% this year, down from the 6% forecast in...

Green mortgages - huge rise in number aimed at buy to let landlords

March, 2022

There’s been a large rise in the number of buy to let green mortgages as the push for greater energy efficiency continues. The broker Mortgages for Business says there are now 353 green...

Time for action? Two-thirds of rental homes not green enough

March, 2022

With energy bills due to increase by 54% next month, research from specialist property lending experts Octane Capital has revealed that just a third of rental properties currently have an energy...

Rental growth set to slow as affordability pressures bite

March, 2022

The cost-of-living crisis has hit the country hard, with rental growth set to slow over the next few months. Last year, record-breaking rental growth saw the average household in Great Britain...

London’s ‘thrilling’ housing market recovery as people return to the capital

March, 2022

There has been a sharp rise in demand for property in London, as the housing market in the capital continues to recover from the impact of the pandemic. A new report from Foxtons explores the...

Property tax alternative to stamp duty wins support of MPs

March, 2022

At least 18 MPs have come out in favour of a new annual Proportional Property Tax which would be levied on the current values of homes. The PPT, advocated by a campaign group called...

Blooming Lovely: top spring gardens

March, 2022

Spring has arrived, and with summer just around the corner, flowers are blooming, and the focus is turning to gardens. In celebration, we discover homes with spectacular spring gardens guaranteed...

Has Your Property Been Under or Overvalued? How to Ensure Your Estate Agent has got the Asking Price Right

March, 2022

When you put your property on the market, you put your trust in us – the experts you have chosen. We have the details, we know your expectations, and our aim is to get you moving as soon as...

How to Decorate Your Rental Home in Islington

March, 2022

Moved into a rental property in Islington and not quite sure how to approach the decor and design of it? The good news is that there’s plenty you can do to spruce up your rental home...

Stamp duty bills far higher since end of SDLT holiday - claim

March, 2022

Typical stamp duty paid by property purchasers now is actually 84 per cent more than before the pandemic and the SDLT holiday introduced to help the housing market. In June 2020, just before...

Homebuyers would like to see gazumping made illegal

March, 2022

The majority of UK homebuyers unsurprisingly want to see the practice of gazumping made illegal, according to a new survey. as one in 10 fell foul of the backhanded practice during their last...

It is ‘impossible’ to achieve net zero emissions, new analysis finds

March, 2022

Most local authorities have ambitious climate targets – but national planning policy is not fit for purpose, leaving council leaders without the tools to hit their legally-binding targets,...

Outdoor Entertaining in Islington : 7 of the Best Ideas

March, 2022

As the warmer months approach, many of us are eager to make the most from our beautiful outside spaces. Entertaining outside is a wonderful option for the warmer evenings that spring and summer...

EPC Upgrades - Government slammed over costs of improvements

March, 2022

A property finance company says increased taxes and regulations for the private rental sector mean that energy efficiency improvements to raise EPC ratings are often put on the back burner....

Top tips to get your outdoor space ready for Spring

March, 2022

With warmer weather on the horizon and the clocks going forward on Sunday 27th giving us all an extra hour of daylight, the next few weeks are the perfect time to get your garden ready for Spring....

Will landlords take up £5,000 heat pumps grant?

March, 2022

A question mark has been raised over the suitability of a scheme starting next month to encourage the switch from gas boilers to carbon-neutral heat pumps. £5,000 is being offered to...

Energy Efficiency - is Sunak's VAT initiative enough for landlords?

March, 2022

Chancellor Rishi Sunak’s Spring Statement was something - but not enough. That’s the view of Ben Beadle - chief executive of the National Residential Landlords Association - who...

Sigh of relief that Sunak avoids hurting housing market

March, 2022

The industry has reacted to the Spring Statement by breathing a sigh of relief that nothing was likely to cause damage to the housing market, beyond the general surge in the cost of living. ...

Property industry reacts to Sunak’s 2022 Spring Statement

March, 2022

Property industry leaders have broadly welcomed measures announced by chancellor Rishi Sunak yesterday, designed to help reduce the increasing cost of living amid reports that inflation could...

Pressure mounts in the PRS

March, 2022

Last month, Propertymark members revealed that an average letting agent branch had 142 applicants registered on their books - a record high for the month of February and a 73% rise against...

Feature: How to Better Manage your Property Portfolio in 2022

March, 2022

Property investment continues to be a sought-after market into 2022, with recent research by Shawbrook Bank finding that 34% of landlords are looking to expand their portfolios in the next year....

Income Tax cut and VAT scrapped on home energy efficiency measures

March, 2022

Chancellor Rishi Sunak has announced a dramatic future income tax cut, changes to National Insurance thresholds and scrapping VAT on more energy efficiency improvements. His Spring...

Prepare Your Home for Spring: Home Décor Tips

March, 2022

Spring is here! With the new season comes longer, brighter days after a cold and gloomy winter, prompting many people to start thinking about selling their homes. Statistics and many of...

First sign of a slowdown? Transactions drop sharply says HMRC

March, 2022

House sales in February were around a fifth lower than the same month in 2021, according to HM Revenue and Customs figures. Some 112,240 transactions took place in February across the UK, which...

How could growing economic challenges affect the Spring market?

March, 2022

With 2022 at full pace and the traditionally busiest period in the year for transactions only a few weeks away, you could be forgiven for thinking that it's plain sailing for the UK property...

25% of Generation Rent have moved home 10 or more times since they left their family house

March, 2022

Gen Z and millennials have been classified as Generation Rent for years due to being priced out of the housing market – unable to buy and having to pay a high percentage of...

1 in 5 deals are snapped up

March, 2022

Newly-marketed properties are being snapped up fast, with Rightmove reporting that 22% of deals are agreed within the first week of being listed. This is more than double what was seen at...

What will today’s Spring Statement have in store for the property market?

March, 2022

The chancellor Rishi Sunak is due to deliver his Spring Statement later today, which could include some surprise announcements ahead of the new tax year in April. The Spring Statement is often...

HMRC tax receipts are up £80bn on pre-pandemic level

March, 2022

Government statistics issued yesterday show that HMRC tax receipts are £80bn higher than they were before the pandemic. Growth in tax returns was fuelled in part by a 35% year-on-year...

Stamp duty receipts hit record high

March, 2022

New data released by HMRC shows that property buyers in the UK paid a record £16.9bn in stamp duty tax between April 2021 and February 2022, up £6.1bn on the previous tax year. The...

House prices forecast to rise based on transactions currently underway

March, 2022

The housing market looks set to brush off the cost-of-living squeeze with property prices expected to hit a new record high in May, new data shows. Despite signs of a slowdown earlier in the...

15 Cleaning Tips to Make Your Home Move-In Ready

March, 2022

Your new home is the perfect opportunity for a fresh, clean start! There are plenty of services available for you to have your home professionally cleaned, however, it may not be...

The domino effect: if the cost of living is linked to interest rates, what does that mean for mortgages?

March, 2022

As far as the UK Government is concerned, the threat from COVID is over. In its wake, a new battle, the cost-of-living crisis, has hit headlines and become the centre of many debates. The rise...

Cheaper to buy than rent IF you can afford the deposit

March, 2022

The monthly costs for a first time buyer are some 13 per cent lower than that of a similar renter - but the purchaser needs to have found the deposit to buy. Data from Halifax, based on a three...

London house prices: boomerang buyers push property prices up at fastest rate since before Brexit vote

March, 2022

A sking prices rose in all but one London boroughs this month, hitting an average of £667,000 at the highest rate of growth in the six years since the Brexit vote. The capital saw the...

Sentiment for pricing over the next 3 months is positive

March, 2022

House prices and rental values are expected to rise across most of the UK over the next three months, based on the latest RICS sentiment survey. All surveyors in the North and West Midlands...

Demand for energy efficiency at the forefront of home-moving decisions

March, 2022

Concerns regarding the energy crisis and a growing desire for more sustainable living are now guiding the way Brits are making home-moving decisions, according to new research carried out by the...

Rate rise signals another step closer to normality for the UK property market

March, 2022

While demand remains at record levels and supply tight, the Bank of England's decision last week to raise the base rate to 0.755 is a step closer to normality for the UK housing market, according...

Inflation looks set to outstrip house prices – NAPB

March, 2022

The annual growth in UK house prices has gone up much faster than the general cost of living in recent years, but that could soon be about to to change. There are growing signs that residential...

Property industry reaction to Rightmove House Price Index

March, 2022

Average price tag on a home in Britain has topped £350,000, says Rightmove Sellers were typically asking £354,564 for a property in March, which is 1.7% or £5,760 more than in...

Best ever spring market for vendors as prices hit new record

March, 2022

There’s been a remarkable 1.7 per cent increase in the average asking price of homes coming to the market in just one month, according to Rightmove. The national average is now...

Spring into action

March, 2022

Over the past five years (excluding 2020), the number of buyer enquiries per property for sale has been highest during March, April and May (Rightmove). Currently around 75% of properties...

Bank Rate increased to 0.75% - March 2022

March, 2022

The Bank of England condemns Russia’s unprovoked invasion and the suffering inflicted on Ukraine. The Bank is working closely with the UK Government to support its response in coordination...

The Irish property market hotspots in England and Wales

March, 2022

Today is St Patrick’s Day, celebrated in some form as far back as the ninth century and as far afield as Australia and even the International Space Station. In modern times the day has...

The nation's most expensive St. Patrick themed street names

March, 2022

St. Patrick’s Day is here again and countless celebrations will be held throughout the British Isles and beyond, so much so that it’s estimated that 13 million pints of Guinness are...

Virtual Tours here to stay for renters, even post-pandemic

March, 2022

The growing importance of virtual tours for properties to let and for sale during the pandemic shows little sign of easing, despite the relaxation of Covid restrictions. That’s the...

PropTech Today: The barriers of non-communicating PropTech

March, 2022

PropTech solutions have continued to ingratiate themselves in both the forefront of an agency within advertising mediums and in the backend CRM and sales progression elements. As more and more...

Top tips to boost your home's spring time buying appeal

March, 2022

Spring is undoubtedly the most popular time of year to buy a home. And with the property market already booming, this spring is expected to be one of the busiest yet. If you're looking to sell...

Planning permissions hit record high

March, 2022

Fresh analysis of the latest official planning statistics by Savills shows that a record number of planning permissions for home improvements and extensions were granted in the year to September...

Buyer demand soars for chain-free homes

March, 2022

Despite a booming housing market demand for chain-free homes has gone through the roof as buyers are clearly happy to pay a significant premium for a fast, efficient purchase, according to HBB...

Over 400 members attend Guild Conference and Awards

March, 2022

The Guild of Property Professionals recently held our first in-person conference and awards ceremony since the pandemic started in 2020. Over 400 attended the conference, which was held at the...

Cost of home improvement surges by 17%

March, 2022

The price of home improvement skyrocketed by 17% in January, with the average person paying an extra £379 for home improvements last month, versus prices paid in 2021, according to the...

Monthly mortgage approvals mount

March, 2022

Mortgage approvals, which surged in 2021 on the back of demand from home-movers, have sustained a high level into 2022, continuing to outpace any period since 2008. Meanwhile, the Bank of...

Rents predicted to rise due to EPC improvement costs

March, 2022

With landlords having to make improvements to their properties ahead of the proposed EPC 2025 deadline, new research has revealed that over half of landlords surveyed said that they will pass on...

London rents see biggest monthly rise since before the pandemic

March, 2022

Every UK region saw a rise in annual room rent during February, with Northern Ireland seeing the biggest rise -up 14% and London seeing rent increases on a scale not seen since pre-pandemic times....

Will UK house price boom continue amid cost of living squeeze?

March, 2022

House price growth hit nearly 8% in January, according to the latest Zoopla House Price Index. The average value of a home in the UK rose by nearly 1%, or around £2,000, between October and...

85% say that a garden is top of their house hunting wishlist

March, 2022

It would appear that the frustrations of three lockdowns have catapulted gardens and outdoor spaces to the top of wish lists for today's homebuyers. Back in 2018, research by property company...

Housing market remains resilient ahead of predicted Bank of England rate rise

March, 2022

With the Bank of England expected to raise interest rates this week for the third time in three months, the signals from the property market remain positive. An increase to 0.75% will return us...

Buyer enquiries continue to rise in February

March, 2022

A lack of supply is still constraining housing market activity, and pushing up prices New buyer enquiries increased in February as supply slowly returned to the housing market. According...

Government must increase Levelling Up fund – claim

March, 2022

The government’s Levelling Up Home Building Fund is unlikely to provide enough funding to supply loans to all of the nation’s small and medium-sized (SME) developers, claims debt...

What percentage of household income goes to rent payments?

March, 2022

The average household in Great Britain spent 42% of their post-tax income on rent in 2021, the highest proportion since property services company Hamptons began recording this data more than a...

Feature: The Generational Divide Behind Housing

March, 2022

Over the past decade, unmortgaged house prices in the UK have grown by 67%. This significant overhaul of the market has made clear winners and losers, polarising the country not just...

Tips to lower costs for holiday homeowners amid cost-of-living crisis

March, 2022

We’re currently in a cost-of-living crisis. Living costs are rising at their fastest rate in 30 years ; a typical domestic energy bill will rise by about £700 a year...

We’re Still Buying! Sentiment high despite inflation, interest rates and war

March, 2022

Despite a backdrop of the Ukraine crisis, soaring fuel bills, rising interest rates and high inflation, buyer sentiment remains strong according to the latest snapshot from OnTheMarket. Its new...

Are we on the cusp of a housebuilding boom?

March, 2022

Lee Martin, Head of UK for property development optimisation platform, Unlatch, suggests that we are, with the sector already showing signs that it’s set to rebound from a...

Where to buy a home if you're really into trees

March, 2022

Who doesn't love a good tree? Across England, it is estimated that 15.1 million trees were planted between 2010-2018, with the areas where more trees have been planted actually home to far more...

Feature: Who’s Searching for Garden Improvements in the UK?

March, 2022

Home decorating is a popular pastime for many across the UK, with countless Brits taking special care to ensure that their home is in tip-top condition. While home design is important, looking...

Does your rental property hit the energy performance mark?

March, 2022

Government targets state that by the end of 2025 new lets will require an Energy Performance Certificate (EPC) rating of band C or above. Just over half (51%) of all rental properties let...

The best commuter town for investment? Watford, research says

March, 2022

Watford is the best commuter town for investment, according to an exclusive research report carried out by developer London Square. The town has achieved top ranking...

Short lease hotspots - what are the pros and cons for investors?

March, 2022

The regions of England and Wales home to the least time remaining to renew when it comes to properties listed for sale with a short lease have been revealed by Warwick Estates. The market...

Sharp fall in mortgage products as market starts to tighten

March, 2022

There’s been a marked reduction in mortgage product availability for a second consecutive month. Independent mortgage market monitor Moneyfacts says there are 518 fewer products for...

London leads a decline in void costs to landlords

March, 2022

Growing demand for rental properties following the pandemic has seen the costs incurred by landlords due to void periods fall in all but two regions, according to research from Rentd. The...

Quality advice remains key to attracting first-time landlords

March, 2022

When it comes to attracting new landlords into the industry, the sector has had few favours bestowed on it in recent times due to a somewhat heavy-handed government approach to tax, regulation and...

Will the rising cost of living benefit expats and foreigners looking to buy homes in the UK?

March, 2022

The rising cost of living in the UK may increase the availability of homes for UK expats and foreign nationals to buy, a mortgage brokerage has said. “With increasing energy...

Speeding Up - typical time to complete a transaction falls

March, 2022

The time it takes to complete a transaction is beginning to drop according to an analysis by comparison website GetAgent. The average time to sell a home over the last six months currently sits...

Housing market correction looms as property prices rise

March, 2022

UK house prices are growing at their fastest rate since before the global financial crisis, according to Halifax figures, which said prices rose by 0.5% in February, equating to £370 a week....

International Women’s day, a time to celebrate female estate agents

March, 2022

International Women’s day celebrates the social, economic, cultural, and political achievements of women. But despite huge strides in gender equality over the last few decades, there...

Indicative gross rental yields

March, 2022

As of the end of February, gross yields for flats ranged from 3.1% in Prime Central London to 9.5% in Sunderland (North East). The spread of gross rental yields for key cities within a...

International Women’s Day: Women in Estate Agency

March, 2022

International Women’s Day is a global annual event, on Tuesday 8th March, celebrating women's achievements, raising awareness against bias and taking action for equality. Together...

International Women’s Day: Why the property industry needs more women

March, 2022

As another year rolls around, we return with our special column celebrating International Women’s Day 2022 , putting a heavy focus on women trailblazers in the property industry....

Rent controls would add to London’s lettings stock shortfall

March, 2022

A new calculation suggests London needs almost 85,000 new private rented homes a year to meet its housing needs. And it adds to the evidence that rent controls, as advocated by London Mayor...

Annual house price growth at fastest pace since 2007: Halifax

March, 2022

House prices are rising at the fastest annual pace of growth since 2007 and reached a new record high of £278,123 in February, according to this morning's data released by Halifax....

Rising interest rates continue to worry UK homebuyers

March, 2022

A new independent survey among 2,001 UK adults has revealed that rising interest rates pose a significant threat to UK renters, with 28% saying increases to the base rate will prevent them from...

Top Reasons to Upgrade to Double Glazing

March, 2022

With energy prices set to rise by £693 for 22 million people in April this year, the gas and electricity price cap is the highest it has ever been – so now is the perfect time to be...

Mortgage searches by advisers surge in February

March, 2022

More than 1.43 million mortgage searches – the highest on record – were conducted by advisers last month on its platform, mortgage technology provider Twenty7Tec announced. ...

Revealed: off plan buyers flock back to London as the WFH guidelines change

March, 2022

The UK housing market has experienced its strongest start to the year for 17 years with annual house price growth accelerating to 11.2%. While spacious off-plan properties or homes with an outside...

Levelling Up must include addressing the rental stock shortage

March, 2022

The government’s much-discussed levelling up agenda must include the provision of more new rental homes in all parts of the country, according to the Association of Independent Inventory...

The Guild partners with Agents Giving

March, 2022

In July 2020, The Guild of Property Professionals started using the size of its network to make a difference by donating £50 to Agents Giving for every successful referral...

Buy To Let benefits quantified - thank goodness for capital appreciation

March, 2022

Agents tasked with persuading possible investors as to the benefit of buy to let have new ammunition, in the shape of figures showing profit margins for landlords. Research by rental portal...

Kirsty Gallacher to host The Guild of Property Professionals Awards

March, 2022

The Guild of Property Professionals has announced that TV presenter, broadcaster and former Sky Sports News anchor Kirsty Gallacher will host the awards at their annual conference next week....

House price boom despite inflation concerns

March, 2022

Residential property prices rose again in February despite higher mortgage rates and a sharp jump in inflation to increase the most in cash terms since 1991. This is the seventh consecutive...

1 in 2 less likely to buy or rent if property information is missing

March, 2022

From the end of May 2022 all property listings for both sales and rental property must include a property’s price, council tax band or rate and for sales, tenure information. The new...

UK rental market now the world’s fourth largest, research claims

March, 2022

The UK’s rental market is now the world’s fourth largest by total volumes of privately rented properties according to research from a lender. Octane Capital says only the United...

No chains mean fast sales - but hefty premiums too

March, 2022

Properties selling without a chain not only sell more quickly, as one might expect, but also appear to attract a substantial premium. Quick buy firm HBB Solutions analysed market data across 10...

Guest Blog: Wellness in the City

March, 2022

In the last two years we have seen an unprecedented rise in counter-urbanisation: Claims of a London exodus including residents leaving other UK cities in search of a more country lifestyle are...

Estate agents take a stand against criminal activity

March, 2022

Fresh analysis of HMRC data has found that UK estate agents are increasingly demonstrating their commitment to anti-money laundering, with more newly AML-registered businesses than any other...

FTB demand drives mortgage search volumes up 80% in January

March, 2022

Overall mortgage search volumes by advisers rose by almost 80% in January, according to the latest data from Legal & General Mortgage Club, with demand amongst new buyers remaining a strong...

What’s behind the rise in homeownership?

March, 2022

The rise in the number of owned properties across England is due to a number of social and economic factors, according to Emily Smith, head of distribution and marketing at Harpenden Building...

Flipping heck! Pancake property premiums at 114%

March, 2022

Homesellers could be left with a particularly sweet taste in their mouth this Shrove Tuesday, should they be looking to sell across one of the nation’s flipping brilliant pancake-related...

Top tips to buy an auction property

March, 2022

With the housing market showing little sign of a slowdown, interest in auction properties also signals a busy year ahead. The latest industry figures report, that while overall the numbers dipped...

Cheap and Simple Ways to Upcycle Your Tarnished Garden Furniture

March, 2022

It’s been a while now since the clocks went back an hour and the evenings suddenly became darker. Unpleasant weather is one of the obvious downsides of the cold, wintery months. Quite...

Agents back stamp duty incentives to drive energy efficiency

February, 2022

Propertymark has backed a call for stamp duty incentives to be introduced to drive forward domestic energy efficiency. The trade body’s policy and campaigns manager Timothy Douglas says:...

Help to Buy boosted sales of new homes

February, 2022

Take-up of the government's Help to Buy scheme has declined since the introduction of lower caps and when limited to first-time buyers from April 2021. At its peak in Q4 2020, the scheme...

Five ways that gardening could devalue your home

February, 2022

As we head to the summer, homeowners across the country will be preparing their gardens for the warmer months. Investing in garden furniture, painting old sheds, and planting new garden shop...

‘Race for space’ overblown as city living remains strong

February, 2022

Although the pandemic raised debate about the ‘race for space’, and a mass exodus from city centres, economist Bob Pannell says the reality is “much more pedestrian,” and...

Top tips for FTBs moving home

February, 2022

Even for seasoned house hunters, moving home tends to be a balancing act that can test your patience. If you're doing it for the first time, however, venturing into the unknown can be incredibly...

Investing in UK property: How to start and what to look for?

February, 2022

When it comes to investing money and making it grow, there are few options that deliver as high returns as property. Due to the huge demand for housing in the UK, as well as the trend of...

6 Things To Look For When Purchasing An Old Property

February, 2022

When it comes to buying residential property, homebuyers divide into two camps: those who prefer the modern comforts of a new-build home and those who adore old houses. Of course,...

Guest Blog: How to Sustainably Save Money in Your New Home

February, 2022

House prices are currently soaring in the United Kingdom. If you’re looking to buy your own home, you can expect to pay more than you would have before the pandemic. The average price...

How to Add Value to Your Home

February, 2022

Your property could be one of the biggest and best investments you make in your lifetime, so why not make the most of it by adding as much value as you can. The rule of thumb when it comes to...

Agents Giving charity appoints another senior agency figure to board

February, 2022

Agents Giving - widely recognised as the industry’s main charity - has appointed another senior agency figure to its board. It’s Iain McKenzie, chief executive of The Guild of...

Revealed - why Trading Standards wants changes to property listings

February, 2022

The National Trading Standards Estate and Letting Agent Team has released background information on how it came to make changes to the information required in property listings. ...

More than half of renters have no contents insurance

February, 2022

While there is plenty of industry focus on helping landlords better protect themselves and their property from potential claims from tenants, the majority of renters continue to take major risks...

No let up in sales activity

February, 2022

The property market is busy, with the start of 2022 seeing no slowdown in sales activity. Nearly 107,000 sales were recorded in January. Except for 2021, this is the strongest start to a...

Hammered! Flying start for online auctions in 2022

February, 2022

Auction House London has sold the highest number of lots in one sale in over a year, at its first auction of 2022. A record 1,339 bidders were registered to take part in the livestream sale...

PropTech Today: what does prospecting look like in the current market?

February, 2022

In the first few months of 2022, agents have experienced some of the lowest stock levels in several years. The number of available homes for sale per branch has dropped to a new record low of just...

Good news for London investors as yields bounce back

February, 2022

Research by rental portal Rentd suggests improved London yields this year after being in the doldrums during the pandemic. Rentd analysed the average rental yield based on both rental and house...

Guest Blog: How to capitalize on the growing short-term and flexible rental market in 2022

February, 2022

In the post-pandemic world, workers are being encouraged to go back to the office , but I believe a vast majority will be reluctant to do so. In most countries, including the US...

What do homeowners dread most about the house moving process?

February, 2022

Its often cited along with death, divorce, and getting married as one of life's most stressful events. But what exactly is the cause of stress when you move home? A new study of 2,000 adults...

Reform of properties listings welcomed by industry leaders

February, 2022

Industry figures have come out in favour of the long-term programme of new compulsory information to be contained on property listings. From May a property's council tax band or rate...

What the UK’s Average House Price Gets You Across the Country

February, 2022

The latest house price index released by the Office for National Statistics, noting a rise in average house prices across the UK from £270,000 to £275,000 – a record high. A new...

Number of properties listed for sale with estate agents drops by a fifth

February, 2022

The number of properties listed for sale with estate agents has dropped by a fifth in the last year, new research shows. In January 2021, estate agents across England and Wales had an...

The 10 interior colours that could cost you your house sale

February, 2022

A blank canvass is always ideal for house hunters. Neutral tones are less of a distraction and make it easier to see what the space is actually like. However, owning a home means being able to put...

Home staging expert shares top five tips to selling your home instantly

February, 2022

Thinking of putting your house on the market this year? Then you'll want to read this advice... The home staging industry has boomed in the last few years and with the property market...

Strongest annual house price growth in December since 2002

February, 2022

The UK recorded average house price growth of 10.8% in 2021. This is the strongest annual growth at the year end since 2002. The average price of a UK home now stands at £274,712,...

How Homes In The UK Have Changed Over Time

February, 2022

Our home designs are an identifying aspect of our nation’s culture. Wood panelling, bay windows, and stone bricks are instantly recognisable as a product of British construction when...

Housing market continues to level up but ‘size, as they say, isn’t everything’

February, 2022

House price growth in London has under-performed the rest of the UK for several years due to the affordability squeeze in the capital, and with a growing number of people moving out of the city,...

Rightmove: Property prices hit 20-year record

February, 2022

The Rightmove House Price Index has revealed the biggest monthly jump in the price of property coming to market in more than 20 years, with the average asking price at £348,804 in February...

Property wins Britons’ investment poll as best bet of 2022

February, 2022

Nearly one in three British adults think property will be the best performing investment in 2022, making it the top pick ahead of cash, stocks, and cryptocurrency. Personal finance website...

The most profitable home improvements for sellers

February, 2022

The property market is off to its best start in 17 years and due to low stock levels, high demand and rising house prices, it's certainly biased towards those selling their home. New research...

Excluding landlords will lead to cladding safety problems

February, 2022

Experts are predicting that the exclusion of large scale landlords from cladding relief may lead to significant delays in some safety work being undertaken. The Department of Levelling Up,...

‘Could be tough times ahead for the housing market’ - warning

February, 2022

A financial analyst says there could be tough times ahead for the housing market, despite another upbeat set of figures regarding house prices. Sarah Coles, senior personal finance analyst at...

Garden trends 2022 revealed: key looks and ideas for your garden

February, 2022

We’ve had our first taste of sunshine already this year, filling us with hope of a great summer ahead. In recent years our gardens have become more important than ever, with more of us...

Pandemic drives huge rise in demand for smarter homes

February, 2022

Beyond the obvious, the pandemic has (and continues to have) a profound effect on the way we live our lives and the way we view our homes. From the 'race for space' to hybrid working, our...

Industry reaction to sharp increase in UK house prices

February, 2022

The average UK house price increased by £27,000 last year, ending 2021 on a record high of £275,000, new figures show. The Office for National Statistics (ONS) said the...

Rents rise at fastest pace in five years

February, 2022

Private rental prices paid by tenants in the UK increased by 2% in the 12 months to January 2022 – representing the sharpest annual growth rate since February 2017. This is the fastest...

New house price data could signal the start of a market slowdown

February, 2022

The house price boom is being pegged back, with completed sale valuations expected to fall in March and April based on deals already agreed between buyers and sellers, suggesting that the ...

Welcome surge in number of ‘much-needed’ homes listed for sale

February, 2022

There was a sharp rise in the number of homes listed for sale with estate agents in January, fresh figures from Propertymark shows. Following three months of decline, the latest data collected...

House prices rise 10.7% at end of 2021: HM Land Registry

February, 2022

UK house prices increased by 10.7% on an annual basis in December 2021, government figures show. This takes the average property across the UK price up to £274,172. In England, the...

Strong demand for homes continues

February, 2022

A net balance in demand of +64% was reported by survey participants for renter demand. This is the strongest result since 1999. In the sales market, participants recorded a net balance of...

Agents Alert - years of legal and regulation changes ahead

February, 2022

A senior figure in an industry trade body says lettings agents are going to have their hands full dealing with legislative changes over the rest of this decade. Paul Offley, compliance...

London’s sharp rent variations laid bare by new research

February, 2022

A rental platform has revealed the wide disparity in rents to the north and south of the Thames in London, and even between neighbouring boroughs. Rentd analysed current London rental...

Huge 22.5 per cent rent rise in prime London, says LonRes

February, 2022

Rents in prime areas of London are rocketing at an annual level of 22.5 per cent according to LonRes. Despite the falls recorded when the pandemic hit, average rents - buoyed by the...

The Electric Revolution: Why New Homes are Being Future-Proofed

February, 2022

As the UK is committed to reaching net-zero emissions by 2050, the Government is looking to property developers and new homeowners to take responsibility for the planet in small, but significant...

The Guild’s annual conference and awards ceremony ‘will be special’

February, 2022

For the first time in two years The Guild of Property Professionals will once again be holding its annual conference and awards ceremony in person. The Guild, which held its last event...

Stamp duty holiday and tax relief significantly boosted sales

February, 2022

44% of home buyers in England were eligible for a Stamp Duty Land Tax (SDLT) holiday (or claimed relief) in 2021, totalling 566,700 sales. Those qualifying in the 5 years preceeding 2020...

Nearly 230,000 private rented homes a year required to meet targets

February, 2022

Almost 230,000 new rented homes would need to be built per year to meet UK government housing targets, according to a report by Capital Economics (CE) and commissioned by the National Residential...

The London boroughs leading the capital's comeback

February, 2022

The pandemic and subsequent lockdowns had a dramatic effect on London's property market as many decided to move away from the city to be closer to friends and family. And while the rest of the...

OnTheMarket insists interest rate rise not weakening buyer sentiment

February, 2022

OnTheMarket says buyer and seller confidence has not been adversely affected by the first base rate rise in more than three years. The latest edition of the portal’s sentiment index...

This spring is ‘shaping up to be a busy one’ for estate agents

February, 2022

Estate agents are being told to prepare for the busy selling season, with March identified as the strongest month of the year for prospective sellers to come to market. Rightmove has analysed...

Government issues revised Right To Rent guidance for landlords

February, 2022

The government has issued new Right To Rent guidance for landlords. It makes only minor modifications to previous versions but the latest 80 page document advises a landlord, letting agent...

Valentine’s themed road names see 20% price rise in the last year

February, 2022

Living on a Valentine’s related road name could cause your heart to skip a beat if you’re looking to sell this year, with house prices sitting above the national average, rising by 20%...

Time-On-Market returns to pre-pandemic level says RICS

February, 2022

Selling a home - the period from listing to completion - is now back to its pre-pandemic levels of 16 weeks according to agents contributing to the latest RICS survey. It reports a net balance...

Prime London buyer demand stands at 72% above the five-year average

February, 2022

The housing market in prime London was once again defined by high demand and low supply in January, new figures show. The number of new prospective buyers was 72% above the five-year average,...

28 areas of London where £1m isn't enough for a home

February, 2022

The London borough of Kensington and Chelsea is synonymous with prime property. In fact, more often than not, when you think about the capital's £1m+ property market only one borough really...

Energy efficiency increasingly vital to buyers - claim

February, 2022

Features often overlooked by agents and buyers now, such as double glazing and insulation, are likely to become high up on buyers’ wish lists as the new energy price cap increases in...

Property hotspots: Top 10 UK areas for 10-year house price growth revealed

February, 2022

Northern towns trails the rest of UK when it comes to growth in property asking prices over the past decade, while Margate has been identified as the number one property hotspot, according to new...

UK rents hit another record high

February, 2022

The average rent in the UK hit another record high in January, edging up by 0.4% on the December figure, the latest data released by HomeLet shows. The figures reveal that the UK monthly rent...

74% of builders increase their costs

February, 2022

The Federation of Master Builders' latest State of Trade Survey reports that 74% of builders have raised prices for their work in Q4 2021. At a time when they are reporting a 19% increase in...

HMRC and Government warned - don’t let Capital Gains Tax kill buy to let

February, 2022

A finance chief is warning that the threat of possible rises in Capital Gains Tax should be dismissed by the government to help the buy to let sector. Jonathan Samuels, the chief executive...

Mortgage Choice Falls - but does it mean housing market in retreat?

February, 2022

After a long period of improvement in the level of product choice for borrowers, February has seen mortgage availability fall for the first time in almost 18 months. There’s been a...

First-time buyers spent £27.3bn more in 2021

February, 2022

Britain's first-time buyers were out in force during 2021, with almost 400,000 entering the market and snapping up £86.1bn worth of property market value - a rise of £27.3bn in a...

Message to HMRC and Government - stamp duty is outdated

February, 2022

The majority of homeowners and homebuyers believe Stamp Duty Land Tax is outdated and needs reform. The mortgage lender Butterfield commissioned an independent survey of 1,125 homeowners and...

Guest Blog: How to Beat the Winter Blues by Reducing Living Costs

February, 2022

Rising fuel costs, soaring taxes, a pre-Christmas interest rate hike and the highest headline rate of inflation in a decade – the UK is facing a cost-of-living crisis. Ongoing hikes in...

Voids drop to five-year lows

February, 2022

The number of void periods occurring across the UK housing market has dropped significantly over the last 18 months, according to the latest research from Paragon Bank, and have now reached their...

Wellness in the city

February, 2022

Wellness is a buzzword in urban regeneration at the moment. There was a growing focus around wellness prior to 2020, but then lockdown accelerated the need to re-evaluate living spaces from a...

Property industry reaction to Halifax House Price Index

February, 2022

The average price of a residential property in the UK hit an all-time high of £276,759 at the start of 2022 after increasing by around £24,500 over the past 12 months, according to...

More stock is key to unlocking chains

February, 2022

New buyer enquiries rose modestly in December (+9%) marking the fourth successive monthly rise in demand. The end of the stamp duty break curtailed demand to some degree but since market...

Lifestyle and Space Continue to Drive Buyer Decisions

February, 2022

Over the past two years Covid restrictions and laws have governed how people have lived their lives. Calls to work from home have had a huge impact on the property market with many people moving...

London property predictions: will the market continue to grow in 2022?

February, 2022

The property market has weathered the COVID storm better than many sectors over the last couple of years. The crisis has seen buyers and renters adapt to virtual viewings and more in a...

Selling a buy to let? Just months left to maximise appreciation

February, 2022

The average capital appreciation is forecast to break the £100,000 barrier this year. Official data revealed those selling up last year received £95,360 more than they’d...

Further Rental Reform White Paper scheduled for the spring

February, 2022

It’s now been made clear that there will be a detailed White Paper in the spring explaining radical changes to the private rental sector. It had originally been thought that the Levelling...

House price growth slowed in January

February, 2022

House price growth slowed in January, according to the latest Halifax House Price Index. Property prices hit another record high last month after edging up by 0.3% – the lowest rise since...

Stamp duty receipts hit all-time high after tax holiday ends

February, 2022

Homebuyers spent almost £3bn on stamp duty in the last three months of 2021, which is more than any other quarter on record, thanks to strong demand for property during the tail end of last...

New record average rent - but increase is below inflation rate

February, 2022

The latest lettings market snapshot from HomeLet suggests another record average UK monthly rent level of £1,064 pcm - up a marginal 0.4 per cent on the December figure. When London is...

Digital changes to Right To Rent - agents urged to prepare

February, 2022

Propertymark is advising agents to prepare for substantial changes to the Right To Rent process arriving in just two months time. As part of the digitisation of elements of the immigration...

Interest rates could rise five fold by the end of 2022 - claim

February, 2022

The Bank of England’s monetary policy committee is set to meet today to consider a possible rise in base rate - which in turn would be likely to trigger mortgage interest rate hikes....

What the increase in interest rates means for house prices and mortgages

February, 2022

UK housing market forecast: mortgages will become unaffordable if interest rates rise to 1.5pc The second rise to the Bank Rate in as many months, from 0.25pc to 0.5pc, which is expected...

Home sellers achieved 98% of asking price in 2021

February, 2022

The average homeowner in England and Wales achieved 98% of asking price in 2021, up from 96% in 2020, according to estate agent comparison site, GetAgent.co.uk. The research shows that...

Homeowners reveal the things every buyer should do before putting in an offer on a property

February, 2022

The process of buying a property can be incredibly stressful. There’s so much to think about on the financial side, in terms of deposits and mortgages , but also...

Five ways you can unwittingly damage your house price when selling in 2022

February, 2022

Bold colours and overly-ambitious asking prices can knock thousands from a property’s value Property prices have soared at a record pace as desperate buyers have...

1 in 6 home movers want a change of scene

February, 2022

Change of scenery/lifestyle remains a key driver behind home moves, as the persistent shortage of supply has held back potential home moves. Change in lifestyle/scenery becomes a more...

12 Turn-Offs That Will Make Home Buyers Turn & Run

February, 2022

People in the market for a new home can easily get discouraged when properties fall short of their expectations. There’s a significant difference, however, between a...

EPCs aren’t the answer to reducing emissions in our homes, poll shows

February, 2022

Almost two-thirds (62%) of residential property professionals don’t believe that Energy Performance Certificates (EPCs) are the most suitable method to help reduce carbon emissions in our...

How much are London's royal park premiums?

February, 2022

Homes surrounding London’s royal parks command an average house price premium of 30% when compared to the wider boroughs they are located within, according to research from Henry Dannel....

Property industry reaction to planned rental reforms – details released

February, 2022

Plans to end Section 21 repossessions, consult on a national register of landlords and develop plans to better tackle rogue landlords have been announced as part of the levelling up white paper...

Housing Reform proposals to change economy by 2030

February, 2022

The government’s new Levelling Up White Paper, revealed this morning includes a radical reshaping of the private rental sector. Section 21 eviction powers will be removed and...

What to Consider When Choosing New Windows and Doors

February, 2022

Is your home ready for a spruce ahead of the summer months? Have you had enough of tired-looking window frames, that sticky lock on your front door, and the fact that whilst the colour you chose...

New rules for holiday lets

February, 2022

There are over 100,000 official holiday homes in England and Wales registered with the Valuation Office Agency, nearly double the number just four years ago. Two-thirds of officially...

Mandatory register and redress for landlords to be revealed this week

February, 2022

A radical shake up of the private rental sector is expected to be announced tomorrow by Housing Secretary Michael Gove. The main part of tomorrow’s announcement is expected to be a...

Big rise in fall-throughs and fee-loss for agents

February, 2022

Agents are losing tens of thousands of pounds each - in some cases even more - because of the volume of fall-throughs. The first assessment of the 2021 calendar year’s fall throughs...

Strongest January for 17 years as house price growth rises to 11.2%: Nationwide

February, 2022

House price growth has made a strong start to 2022 with demand continuing to outstrip supply, according to this morning's data and market analysis from Nationwide. The figures show that annual...

Red Flags First-Time Buyers Should Look Out For

February, 2022

A new ranking developed by Huddersfield based property specialist Bramleys reveals the biggest red flags for first-time buyers when it comes to booking a viewing or offer on a new...

Agents should act now ahead of Carbon Monoxide alarm laws

January, 2022

Trade body UKALA has cautioned letting agents to act now following the government announcement that it intends to extend the need for carbon monoxide alarms. It is thought that the government...

UK housing market activity expected to see significant dip

January, 2022

Property transactions in the UK will cool by at least 25% compared to last year, according to a conveyancer at Osbornes Law in London. The stamp duty holiday fuelled a boom in house with 47%...

HMRC extends self-assessment deadline – but taxpayers urged to pay today

January, 2022

Many self-employed estate agents who have not yet filed their tax return will be delighted that the traditional 31 January deadline has been extended until 28 February. But taxpayers are being...

Competition heats up in London rental market as demand grows

January, 2022

The oversupply of rental market stock surplus in the capital spurred by pandemic uncertainty has started to subside, with nearly all areas seeing large reductions in available stock. There was...

Tips For Decorating When Faced With a Blank Canvas

January, 2022

You’ve found your ideal home, got the keys and moved in your belongings. Now the fun begins - decorating. But facing a blank canvas can be daunting. How do you know what colours to choose,...

Check EPCs before buying new investment properties - advice

January, 2022

A prominent buy to let mortgage provider is advising landlords to ensure they check EPCs and energy efficiency issues on properties they are considering buying to let out. Emma Cox, sales...

Lettings Favourite - which property is landlords’ most popular?

January, 2022

Semi-detached houses have overtaken terraced homes as the preferred property type landlords plan to buy, reflecting growing tenant demand for larger homes. Paragon Bank research of 800...

Evictions: latest legal decision affects whole industry, say agents

January, 2022

Propertymark has expressed a sigh of relief at a decision this week by the Appeal Court, which ruled in favour of letting agents and landlords. The case was Northwood Solihull v Fearn &...

Quarter of landlords suffer Covid losses: NRLA

January, 2022

Nearly a quarter – 23% – of landlords report having faced income losses because of Covid, says the National Residential Landlords Association (NRLA). In a survey of over 1,000...

Lettings Market On Fire - Rental yields now highest for six years

January, 2022

Newly published rental yield from Rightmove reveals that the average yield across Great Britain is 5.5 per cent. This is the highest yield since 2016 when it was 5.6 per cent. The...

Buy To Let investment hotspots revealed by business service

January, 2022

Birmingham, Bristol and Leicester are seeing the fastest growth in Buy To Let investment according to new figures from a business insurance service. The analysis of over 150,000 landlord...

“No market” for some prime London flats without outside space

January, 2022

A leading buying agency says that while prime central London’s property market shows clear signs of recovery, a weak area remains apartments without outside space. Camilla Dell, founder...

465,000 landlords could expand portfolios in next 2 years

January, 2022

Nearly half a million landlords expect to expand their portfolio over the next two years. Just over 17.5% of landlords who responded to the 2021 Landlord Trends Survey stated they expected...

Mortgage lenders battle to win growing holiday let landlord market

January, 2022

Yesterday Landlord Today reported that there was now a 15 year record high in the number of buy to let mortgage products available for current or new landlords after a rise of 222 products in just...

Energy Bills - New EPC targets to cost landlords over £10k per unit

January, 2022

Landlords believe that energy efficiency upgrades required to comply with Net Zero regulations may cost up to £10,400 per property. From 2025 all newly rented properties must have an EPC...

Tenants complain of slow on-boarding process by letting agents

January, 2022

Tenants are complaining that lengthy application processes at lettings agencies contribute to their frustration at missing available properties. The results of a survey by PropTech...

Bill to exempt future leaseholders from ground rent set to become law

January, 2022

A proposal to effectively scrap ground rents for most new long residential leaseholds in England and Wales has moved one step closer to becoming law after passing its third reading in the House of...

Taxing Times - tips for landlords facing self-assessment deadline

January, 2022

A tax consultancy has produced tips for those faced with the self-assessment tax filing deadline of next Monday - and who have yet to complete the task. Lendingexpert.co.uk says the average...

Hammered! Young people moving towards auctions - claim

January, 2022

The UK’s largest property auctioneer says that there is now clear evidence of the impact the pandemic has had on the auction market - and it’s a dramatic shift in its website...

Good News Exclusive - Most agencies plan to expand in 2022

January, 2022

Research based on questioning almost 1,000 estate agents suggests that around 70 per cent are set to expand their business this year through additional staffing or premises. The industry survey...

Revealed – which cities will be the investment hotposts of 2022?

January, 2022

Staying at the forefront of the property investment industry takes a great deal of work, experience and expert knowledge, which is why investors choose to work with Advantage Investment. We source...

Agents and Conveyancers work together? Forum aims to make it happen

January, 2022

The ESTAS Forum scheduled for March says its aim is to encourage agents and conveyancers to work more closely together. “There doesn’t seem to be a week that goes by when we...

Industry reaction to key data – ‘a better measure of property market health’

January, 2022

The number of residential property sales last month fell by a fifth compared with December 2020, but increased from the previous month, according to the latest HM Revenue and Customs figures...

Soaring Market - no end in sight as demand overwhelms supply

January, 2022

The Royal Institution of Chartered Surveyors’ latest index suggests there’s no end in sight to rent rises in 2022. RICS’ monthly sentiment survey, compiled from members’...

Up! Up! Up! - Rents rise for the fifth consecutive quarter

January, 2022

Average UK rents increased for the fifth consecutive quarter in Q4 2021 according to The Deposit Protection Service, as stock shortages continue. Average rents reached £834 during the...

Agents’ Market Info: Britain’s Least and Most affordable locations

January, 2022

The Nationwide has released data listing the most and least affordable locations in Britain - background information for agents. Some entries are unsurprising while others will raise some...

How does rising inflation affect house prices?

January, 2022

Consumer price inflation (CPI) has risen to 5.4% in the 12 months to December 2021. This is the highest rate in 30 years, but is expected to fall back after an April peak (ONS). Energy costs...

Cash house sales surge in 2021

January, 2022

Over two-thirds of professional cash house buyers saw business increase last year as Covid led to a surge in the number of people looking for a speedy property move, according to the National...

Upfront Property Info - huge majority of agents want it now

January, 2022

A survey suggests that an overwhelming proportion of estate agents believe the government should make the provision of upfront property information mandatory. The poll found that 91 per...

Working from home not working?

January, 2022

With working from home now necessary for many jobs and industries, post-pandemic households are continuing to revaluate the space they need from their homes. 49% of home buyers feel their...

Insight: Where are we seeing the most new-build stock?

January, 2022

The latest research by Unlatch has revealed how the new-build market looks based on the diversity of stock currently available to buyers and how this differs across the major cities. The...

Leaks and water supply problems plague most landlords - survey

January, 2022

Almost three quarters of landlords have experienced an escape of water incident in their properties over the last five years, according to new research from Direct Line business insurance. On...

Agents use new ID tech for Right To Rent checks from April

January, 2022

The Home Office has confirmed that letting agents, landlords and employers will be able to use certified new technology to digitally carry out Right To Rent checks. The government has announced...

Revealed - London’s busiest housing markets

January, 2022

An estate agency has revealed which London boroughs have been the busiest in terms of the number of homes sold as a percentage of all private dwellings within each borough. In the past 12...

Government pledges to “shift the odds in favour of renters”

January, 2022

A government housing minister says the Boris Johnson administration wants to shift the balance of power in the rental sector favour of tenants. Eddie Hughes, the parliamentary under-secretary...

Revealed: The most profitable places to become a landlord

January, 2022

With savers receiving poor returns from banks and building societies, thousands of people unsurprisingly continue to turn to residential property as a means of supplementing their income,...

Balance between first-time buyer and private rented sectors crucial: IMLA

January, 2022

Government focus on balancing the need for affordable housing for first-time-buyers with the role played by the private rental sector is essential this year, according to an industry trade body....

Up! Up! Up! Rightmove reports more buyers and more competition

January, 2022

Rightmove’s first housing market report of 2022 starts when last year’s ended - on a high. The average price of property coming to market jumps by 0.3 per cent this month to...

£29.4 billion invested in the UK's tech sector in 2021

January, 2022

Last year a record £29.4 billion was invested in the UK's tech sector, more than double the previous year. This is positive news for regional economies and housing demand. A quarter of...

Most expensive roads in our area

January, 2022

London certainly has Britain’s most expensive roads; after all, Zoopla estimates that the Kensington Palace Gardens is the most expensive road with an average property price of...

Top UK agents reveal 2022 property market predictions

January, 2022

Since the pandemic began in 2020, the property sector has experienced immense change and adaption. As we set on our journey into 2022, many might be wondering what this New Year will bring for the...

Inflation wiping out house price growth in many areas - claim

January, 2022

Soaring inflation means that house price growth in much of the country is being wiped out, according to a leading housing market analysis. The latest monthly market report from the Home website...

Revealed - what customers REALLY think of estate agents

January, 2022

A new survey of people who have sold their home in the past six months has given a strong backing to the performance of their estate agents - with a few exceptions. Some 1,159 owners who moved...

Study - Homebuyer demand stands strong during Q4

January, 2022

The latest Homebuyer Hotspots Demand Index by the estate agent comparison site, GetAgent.co.uk, has found where England’s strongest homebuyer demand hotspots were for Q4 2021....

Almost half of FTBs expect to rely on the Bank of Mum and Dad to get on the housing ladder

January, 2022

48% of first-time buyers expect they will be getting assistance from a family member when buying a home, according to new market research by London-based fintech, Tembo. According to the data,...

Estate agents share their property predictions for 2022

January, 2022

What will the property market look like in 2022? With the threat of Omicron looming, and interest rates set to rise further, there are plenty of factors at play. Several estate agents and...

Who is buying now?

January, 2022

The number of first-time buyers grew by 35% in 2021, compared to the pandemic year of 2020, despite the ongoing uncertainty. Close to 60% of agents in the latest Dataloft subscriber poll...

How do you choose your estate agent?

January, 2022

Capability and market knowledge continue to top the list of how prospective home movers choose their agents. Confidence in ability was rated by more home movers than any other quality. Only...

New Beginnings: How to Create Calm in a Crowded Family Home

January, 2022

It’s the New Year, so it’s the perfect time for a fresh start! If your home descended into chaos last year, now’s the time to change that. Make it a resolution to turn your home...

Forecasts for positive price growth over the next five years

January, 2022

Against the backdrop of strong economic growth, particularly in 2021 and 2022, forecasts for property price growth over the coming years are positive. The forecasts, produced by the Office...

Wind it up

December, 2021

Love them or hate them, the Brussels sprout is a quintessential part of a Christmas meal for many. In fact, the British are believed to eat more Brussels than anywhere else in Europe. The...

Happy Xtras

December, 2021

Affordability/rental costs top the renter wish list when it comes to choosing a home, followed by pleasant neighbours and broadband speed. However, in terms of the added extras, most renters...

UK gift spend per head is equivalent to one week's rent

December, 2021

15% of UK Christmas spending in 2021 is predicted to be on gifts, with spend per head expected to be £234, the equivalent of one week’s rent. Total UK spend per head on Christmas...

Over half of £1 million+ sales take place outside the capital

December, 2021

Nearly 20,000 sales have taken place over the past year priced £1 million or more. Over half of these have been outside of the capital, compared to just 41% back in 2018/19. High-value...

2 in every 5 households live within a 15-minute walk of a train station

December, 2021

The week before Christmas is traditionally one of the busiest periods for rail travel. Over 10.7 million households in England and Wales are within a 15-minute walk of their nearest station,...

Over 500 properties with a Christmas address have sold since 1995

December, 2021

457 properties have sold with ‘Christmas’ in their name across England and Wales since 1995* (11 so far in 2021). 83% have the name ‘Christmas Cottage’. Across...

Warm this winter

December, 2021

Just 1 in every 11 properties sold over the past year has achieved the highest energy performance certificate (EPC) rating of ‘A’ or ‘B’. Such properties have commanded...

Mortgage approvals return to 'normal' levels

December, 2021

October saw mortgage approvals return to more 'normal' levels. The Bank of England report 67,199 mortgages were approved in October, just above the long-term monthly average of 66,462 (based...

85% of all properties sold in 2021 were houses

December, 2021

Over 85% of all property sales recorded to date by the Land Registry in 2021 have been houses, the highest proportion since 1996. Undoubtedly a result of the ‘search for space’...

Spending spree

December, 2021

Shoppers across the UK are forecast to spend a staggering £84.7 billion on Christmas 2021, the equivalent to nearly 314,000 average-priced homes. Spending is set to rise above...

Home for Christmas

December, 2021

It is estimated that 1 in every 16 privately-owned homes has changed hands this year (1.5 million households). 2021 has been the busiest year for the property market since 2007. Source: Dataloft,...

Average house prices have risen by over £100,000 since the last widespread White Christmas

December, 2021

The last widespread white Christmas in the UK was in 2010, when 83% of weather stations reported snow on the ground. The average price of a property has risen by just over 60%, the equivalent...

Merry and bright: Staging your home to sell over Christmas

December, 2021

If you are looking for an estate agent who can progress your move over the Christmas period, The Guild is a great place to start. Statistics from Rightmove tell us that the average...

Drivers & Norris won Gold Award for Lettings Agency of the Year (Small)

November, 2021

PRESS RELEASE: 26th November 2021 NOVEMBER 2021 FOR FURTHER INFORMATION, PLEASE CONTACT GRANT LEONARD, PUBLISHING DIRECTOR: 0844 745 3100 grant@thenegotiator.co.uk The Negotiator Awards 2021...

UK high streets are recovering

November, 2021

The past 18 months have been tough for UK high streets due to Covid-19 restrictions in early 2020 which triggered a hollowing-out of city centres. Footfall and spend analysis from the Centre...

The city never sleeps – Things to consider before leaving the countryside

November, 2021

2020 saw a ‘city exodus’; due to the fact that more and more people were working from home, where many Britons decided to relocate away from the city in favour of more space, cheaper...

25% of home movers will live in their homes for over 20 years

November, 2021

Many people move more often than they expect to. This is a key finding of the 2021 Home Moving Trends Survey, conducted by the Property Academy and analysed by Dataloft. While just 13% of...

Drivers & Norris shortlisted for 'Best in Region Award'

November, 2021

DRIVERS & NORRIS SHORTLISTED FOR ‘BEST IN REGION’ AWARD 23.11.2021 Local estate agent Drivers & Norris from...

3.3% UK house price growth

November, 2021

The rate of house price growth is due to slow in 2022, but remain positive, ranging from 2% (London) to 4.3% (North West). Growth will be highest in northern and Midlands regions, where...

Buying and selling over Christmas

November, 2021

It may seem unusual to some to sell a house over the festive period, however, the property market is very much still active at this time of the year. The number of post-Christmas home...

Residential Values in Creative Clusters Outperform by 4.4%

November, 2021

Research commissioned by the Creative Land Trust illustrates an outperformance of residential values in areas with a cluster of creative industries. Creative industries include all types of...

Nearly 70% of new build owners or renters value sustainable building features

November, 2021

As COP26 continues, research by HomeViews has found nearly 70% of new build owners or renters value sustainable building features. Recycling services, energy saving measures and renewable...

Bigger is better: 5 ways to extend your home without breaking the bank

November, 2021

There is a lot to be said about creating more space in your home in order to increase its value, and there are now a number of ways you can extend your home with actually getting an extension....

Year to date sales volumes are 16% higher than the 5-year average

November, 2021

The property market continues to ride the wave as we head to the end of 2021. Although softening, demand remains stronger than a year ago. Sales volumes to date in 2021 are 16% above the 5-year...

Economy to bounce back 6 months earlier than expected

October, 2021

The Chancellor described the economic picture as “strong” in the short term, with the Office for Budget Responsibility expecting the economy to return to pre-pandemic levels 6...

September 3rd busiest month on record for property sales

October, 2021

September 2021 was the third busiest month for property sales across the UK since records began in 2005 (HMRC). It is estimated close to 161,000 sales took place, compared to 199,000 in June...

£29.7 million spent purchasing pumpkins could have bought over 110 homes

October, 2021

It’s Halloween week. Across the UK it is estimated at least £474 million is spent celebrating All Hallows Eve, the equivalent to 1,794 average priced homes. At £29.7...

49% of renters would choose their rentals quicker if it had green credentials

October, 2021

According to The Property Academy Renter Survey 2021, almost half (49%) of renters would choose their rental property quicker if it had green credentials or a well-being certification. Not...

Brand Refresh

October, 2021

Welcome to the vibrant new look and feel of Relocation Agent Network. As the country’s most connected network, supporting homebuyers from Cornwall to Aberdeen, we’re excited to share a...

How to Unpack

October, 2021

If you are getting ready to complete on a new house, then you’ve no doubt read lots of advice about how to pack for your big move. But what nobody ever seems to tell you...

Relocating but Not Moving Far? We’ve Got You Covered!

October, 2021

The term ‘relocation’ is often associated with a particular notion: someone packing up their family to move cross-country or even internationally for a change in job or career and...

‘Autumn’ is the most lucrative when it comes to property names

October, 2021

Harvest time is upon us and of all the seasons it appears ‘autumn’ is the most lucrative when it comes to property names. Homes bought since the start of 2020 which have included...

Transforming Your Interiors with a Painted Brick Wall

October, 2021

Exposed brick walls are a classic design feature for homes as far apart, style wise, as period barn conversions and industrial loft spaces. But what are your options if the rough and raw look is a...

Keeping Connected: Broadband and Moving Home

October, 2021

If you are planning on moving house, broadband should be prioritised alongside other essentials like utilities. Minimising downtime is vital, especially if you have a family who spend a lot of...

Demand stabilising but prices set to remain firm

October, 2021

Buyer demand is stabilising according to the latest edition of the RICS Residential Survey. At a national level the new buyer enquiries indicator posted a net balance of zero in September, a...

PropQual: The Formal Qualification From The Guild

September, 2021

September marks the eagerly anticipated launch of PropQual, the learning platform The Guild will be using to support an Ofqual-accredited qualification for estate and lettings agents. Registration...

Price Growth Predictions

September, 2021

Property continues to rise in value. An average of independent forecasts predicts prices will end the year 5.8% higher than at the start. Annual price growth has moderated since the...

Later Life Mortgage Lending on the Rise

September, 2021

Mortgage lending in later life is on the rise. The age of first-time buyers, an increase in the length of mortgage terms and an ageing population all causes. UK Finance report over half of...

Buyer demand swells to twice pre-pandemic level

September, 2021

The property market continues to ride the wave as we head into autumn. Buyer demand per property is more than double pre-pandemic levels (Rightmove). Rightmove report a 14% increase in new...

First Impressions Count: 5 tips for improving the entrance to your home

September, 2021

Creating a welcoming atmosphere within the first few steps of your home is important, whether you are looking to sell your property or not. The sense of ‘coming home’ is an ambience...

Price rises hit highest level in nearly a decade

September, 2021

Inflation, the rate at which prices are rising, recorded a record jump in August rising to 3.2% up from 2.0% in July. Food and petrol prices are considerably higher than this time a year...

Energy Efficient Homes Boost Price of Property

September, 2021

Homes sold with an EPC rating A or B over the past years achieved a 10% price premium over properties with an EPC energy efficient rating of D. One in every 12 properties sold achieved an...

Low interest rate environment set to remain but rises forecast

September, 2021

The low interest rate environment the UK has experienced for over the past decade is set to remain, although rates are anticipated to rise. The consensus forecast, based on the expectations...

120% increase in enquiries to lettings agents for pet-friendly rentals

September, 2021

While tenant demand has risen 13% over the past year, demand for pet-friendly rental properties has more than doubled, enquiries to letting agents for pet-friendly rentals up 120% (Rightmove)....

Are stock levels stabilising?

September, 2021

Although still significantly below average, there are signs that stock levels may be beginning to improve. The NAEA Propertymark reported a slight increase in number of properties listed per...

17% of homes have an outstanding primary school as their nearest

September, 2021

Term starts this week for many of the nearly 8.8 million school children across England and Wales. School catchments play an important role for many when choosing a home. Across England and...

City Life vs Country Life

September, 2021

City life vs country life - which is right for you? These two opposites bring with them two different ways of living. When looking at potential properties, it’s vital to consider where...

Sales Market Busiest Since 2007

August, 2021

Over 950,000 sales are estimated to have taken place across the UK in the first 7 months of 2021, making it the UK's busiest housing market since 2007. Sales volumes in 2021 are over 30%...

Record number of first time-buyers benefit from Help to Buy

August, 2021

A record 45,965 Help-to-Buy equity loans were issued to first-time buyers in the year to the end of March 2021, as appetite from first-time buyers (FTBs) continues. Over one third of...

10 SIMPLE TIPS FOR IMPROVING YOUR OUTSIDE SPACE

August, 2021

Your garden is more than simply an outside space; it is an extension of your home. So, just like you would any other reception room, why not make it aesthetically attractive, ergonomically...

Make Moving Home Less Stressful

August, 2021

For many, the home moving process is something to be endured, rather than enjoyed. The risk of disappointment due to broken chains, unclear communication, and general confusion can lead many...

Record Breaking House Price Growth

August, 2021

The UK experienced a 13.2% annual increase in house prices in June 2021. This is the largest annual increase recorded since 2004. The average price of a UK house now stands at a record high...

29% of students live in the private rental sector

August, 2021

435,430 first time students have a confirmed place at university in the UK in 2021, this is 5% higher than results day in 2020. During university, 29% of students live in the private rental...

Seven Signs It’s Time to Sell Your Home

August, 2021

Maybe you have been browsing property listings in your spare time and dreaming about buying a new home. But how do you know if it is actually the right time for you to sell your current home?...

Rents Rise in All UK Regions

August, 2021

All regions in the UK saw an annual increase in monthly rent in July. The South West experienced the biggest increase (12.9%), followed by Wales (11.8%) and the East Midlands (10.8%)....

Rents on the rise

August, 2021

The average monthly rent in the UK in now at a record high of £1,029. In the twelve months to July 2021, UK monthly rent increased by 6.6%, rising from £965 to £1,029. In...

Housing Demand 22% higher than a year ago

August, 2021

The Dataloft Demand Index shows housing demand is currently 22% higher than a year ago, as housing market momentum continues to be bouyant. Demand fell 7% following the SDLT and Land...

Property pips gold for return on investment

August, 2021

Team GB are bringing home the medals at Tokyo 2020, but property not gold has proved the best investment proposition in recent years. The average price of residential property has increased...

Rent spent steady 5 years on

July, 2021

At 28.3%, the proportion of gross income private renters in England and Wales spend on their rent is only marginally higher than five years ago. In the North East and South West, renters...

Is it still important to have estate agents on the high street?

July, 2021

With the lifting of all restrictions in England on Monday 19th July, albeit longer in Wales, it is anticipated that footfall on UK high streets will rise. For those selling lower value...

1 in 8 plan to move within 5 years

July, 2021

One in every eight home movers across the UK expects to be in their new home for less than 5 years, over one third for a decade or less. Over half of home buyers aged up to 34...

Priority Changes for Post-COVID Homebuyer – What to consider

July, 2021

After over a year in lockdown, the way many of us live and work has changed drastically. With a change in lifestyle has come a change in needs, especially when it comes to where we spend most of...

Sticking with it 96%

July, 2021

Research by Rightmove indicates the vast majority of sales will continue if buyers miss the June or September SDLT deadlines. A proportion of buyers (25% Rightmove, 42% Dataloft subscriber...

New instructions fall for third consecutive month as sales to stock ratio hits record high

July, 2021

The RICS June survey, gauging the mood of agents, points to an increasing scarcity of stock in the market. The measure tracking new instructions to the market has moved deeper into negative...

On the move – Footloose population

July, 2021

Nearly 1.5 million people changed region in the UK even before the pandemic. Since the pandemic housing market demand has increased significantly, with people making lifestyle decisions,...

What could you buy in the UK with the Wimbledon winnings?

July, 2021

The 134th Wimbledon Championships is underway, a suite of new champions set to be crowned in a glorious weekend of sporting action. While the average price of a property across England and...

As Stamp Duty Holiday price threshold falls 0% taxation is still prospect for many

July, 2021

Nearly half of buyers are still likely to benefit from 0% taxation on their main residence from the 1st July when the Stamp Duty and Land Transaction Tax Holiday price thresholds fall to...

+One million new dwellings in England and Wales in the past 5 years

June, 2021

Over 1.3 million new dwellings have been added to the housing stock across England and Wales over the past 5 years, according to data released this week by the MHCLG and Stats Wales. The...

64% won't buy property without a garden

June, 2021

As summer officially begins this week, gardens and outside space remain priorities on buyer wish lists. Nearly two-thirds of residents wouldn't buy a property in 2021 without outside space...

One fifth of private renters are families

June, 2021

Across the UK, families comprise a fifth (21%) of all privately renting homes with 39% occupied by single people and 40% by sharers or couples. Using Dataloft Rental Market Analytics data,...

Football's coming home? England squad value equal to 4155 homes £1.15 billion

June, 2021

Euro 2020 is underway, the home nations experiencing mixed fortunes in their first matches. The most valuable team in the competition is England, the 26 man squad the equivalent in price terms...

First Home Scheme Launched in England

June, 2021

First-time buyers in England, in particular key workers, will have the chance to buy homes within their local area for a discount under the government's First Home Scheme launched this month....

As demand outstrips supply list your property now

June, 2021

Now is a great time to sell your home as there is a huge shortage of properties available for sale, and house prices are higher than ever. Housing market demand is up 28.6% yet available...

26% increase in buyer demand since the start of 2021

June, 2021

Housing market momentum has been maintained following the original stamp duty deadline in March 2021. The Dataloft Demand Index shows a 26% increase in housing market demand since the start of...

1 in every 8 properties sold in the UK is new build

June, 2021

Attracting a 22% price premium, the average price of a new build home across the UK is nearly £55,500 more than a re-sale property. Nearly half of all homemovers would consider a new...

Renters stay on average 18 months in their homes

May, 2021

Renters stay, on average, 18 months in their rental homes, 6 months longer than the average length of lease that they sign up for (12 months). Older renters are likely to stay in their...

Newly listed properties are flying off the shelves.

May, 2021

Newly listed properties are flying off the shelves. The majority (78%) of agents in the latest Dataloft subscriber poll said that homes, once listed, are selling in less than 28 days. 22% of...

Relocating but Not Moving Far? We’ve Got You Covered!

May, 2021

The term ‘relocation’ is often associated with a particular notion: someone packing up their family to move cross-country or even internationally for a change in job or career and...

Over 265,000 first-time buyers have benefitted from Help to Buy

May, 2021

Over 265,000 first-time buyers (FTBs) in England and Wales have benefitted from government Help-to-Buy Equity Loan schemes since they were introduced in April 2013 and January 2014...

Essential Advice Before Buying a Dream Chocolate Box Cottage

May, 2021

For many people, buying a dream home in the country means falling in love with the classic picture postcard look. Timber-framed thatched cottages may epitomise the quintessential...

Rental market accelerates between July and September

May, 2021

Tenant demand is rising substantially. For agents in the lettings market, the busy season is approaching. Analysis of tenancy start dates based on data from the past 5 years indicates the...

Shortage of supply + growing demand is helping to support rents

May, 2021

Rental values are significantly higher across all regions of the UK, except London, than they were a year ago. Excluding the capital, the average monthly rent is £853, up 6.2%. A...

A Guide to Letting Your Property

May, 2021

Several factors need to be kept in check when you are letting a property. Letting a home involves a lot of preparation and requirements that the landlord must fulfil. We have curated a guide to...

70% of Homeowners don't know the value of their home

May, 2021

Almost half (45%) of UK homeowners undervalue their home, according to new research by Zoopla. On average homes are undervalued by just over £46,000. In comparison, 1 in 4 homeowners...

A guide to moving home in Northern Ireland

May, 2021

Northern Ireland is a beautiful part of the world, offering natural beauty, castles, lively cities, tourist hotspots and a rich history and culture. If you are considering relocating to Northern...

High value homes soar

May, 2021

Data from the HMRC and the Welsh Revenues Authority indicate high value sales rocketed in the final three months of 2020 and into 2021, buyers saving money thanks to the Stamp Duty Holiday....

Average mortgage rate remains historically low

May, 2021

The cost of borrowing remains historically low according to new data released by the Bank of England, the average mortgage rate just 2.09%. This rate has remained unchanged since the start...

SDLT receipts fall but property shows resilience

May, 2021

£8.7 billion was netted by the Chancellor in residential Stamp Duty receipts over the course of 2020–21, the lowest in eight years, however receipts in March 2021 were the 5th...

March 2021 Highest Number of Sales ever recorded

April, 2021

If you're considering making a move, now is the time to act. Demand for property is soaring. Spring sunshine, the extension to the Stamp Duty holiday and the relaxation of restrictions has...

Top 10 Reasons to Live in Belfast

April, 2021

If you are looking for a vibrant city with ‘good craic’ and a popular arts and music scene, Northern Ireland’s capital city, Belfast, may be for you. With an iconic culinary...

New 95% mortgage scheme launched

April, 2021

First-time buyers and current homeowners in England will be helped to secure a mortgage with just a 5% deposit under the new government-backed mortgage scheme launched this week. First...

Consumer confidence bounces back

April, 2021

The PwC consumer confidence index is at its highest level since the index started in 2008. The first quarter of 2021 marks the first time the index has been in positive territory since...

How to Buy a Flat with a Short Lease

April, 2021

Are you looking to buy a flat, either for your own use as a home or as a buy-to-let investment? Flats including apartments and maisonettes are generally sold on a...

How to know when it's time to put your home on the market

April, 2021

Are you thinking about putting your property on the market, but aren’t sure when or how? It can be difficult to know exactly when you should sell your home. However, there are...

£818 is the average rent in England excluding London

April, 2021

The RICS March survey, gauging the mood of agents, showed continued improvement in the lettings market. Tenant demand has continued to increase, with a net balance of +36%. In contrast,...

5 Affordable Common-Sense Tips to Keep Your Home Secure

April, 2021

Whether you live in a city flat, a suburban semi, or a country cottage, your home is your castle. It’s your base camp and your sanctuary, the one place where you and your family feel...

Why Kerb Appeal Matters

April, 2021

First impressions are important. That's why your home must have great kerb appeal when you're selling. The outside of your home is the first thing that potential buyers will see. It can help them...

Monday 12th April marks the opening of outside dining and drinking in England, with the potential to create a European-style café culture.

April, 2021

Monday 12th April marks the opening of outside dining and drinking in England, with the potential to create a European-style café culture. With only 38% of hospitality venues across...

What matters most in rentals?

April, 2021

Running costs and broadband present the biggest gap between tenants and landlords in terms of what they view as important when a property is marketed to rent. 87% of tenants consider running...

Step into Spring 6% Annual House Price Growth

April, 2021

As we enter spring, the average UK house price is £232,134, up 6% on March 2020. Transactions are 49% higher than last year, reflecting a surge in sales agreed in summer and the rush to...

Decorating hacks for tenants

April, 2021

The lockdown rules have left us, quite literally, staring at walls as we adjust to spending more time than ever in our homes, leading to DIY explosion around the UK. Many are feeling compelled to...

Completions at record high, up by 11%

April, 2021

Private new home starts across England rose 17% year on year in the final quarter of 2020, completions up 11% and the highest number ever recorded, according to new data released by the...

£153 million is set to be spent on Easter Eggs across the UK this year, the egg-quivalent to a nest of 574 average priced homes

March, 2021

£153 million is set to be spent on Easter Eggs across the UK this year, the egg-quivalent to a nest of 574 average priced homes Egg-spenditure on Easter eggs this year is egg-spected...

Increased homeworking likely in 1 in 7 businesses

March, 2021

As restrictions start to ease across areas of the UK, just 1 in every 7 businesses proposes using increased home working as a permanent business model, a further 19% of businesses 'unsure'....

Golf courses occupy 33% of open green space in Great Britain

March, 2021

With an estimated 979,500 golf players, courses reopening in England on the 29th March (joining Wales and Scotland) will be a joyous occasion for many. There are 373,673 hectares of open...

36% increase in buyer demand since the start of 2021

March, 2021

The Dataloft Demand Index shows a 36% increase in housing market demand since the start of 2021 with the traditional Spring market set to be busier than ever. Demand rose 13% between...

Making Sense of the Census

March, 2021

Sunday 21st March, Census day in England and Wales. By law all households must complete their form. The census has taken place every 10 years since 1801, except in 1941 (WWII). The first...

Upcoming Changes to Land Transaction Tax Rates in Wales

March, 2021

As of 1 July 2021, there will be changes to Land Transaction Tax (LTT) in Wales. Up until 30 June 2021, LTT is payable when you purchase or lease a property above the threshold of £250,000....

5 Most Common Home Survey Problems and What to do Next

March, 2021

Are you in the process of buying a property and are wondering about getting a survey? Don’t make the mistake that far too many homebuyers still make, thinking it’s an unnecessary...

Get a move on average time from sale agreed to complete 110 to 115 days

March, 2021

The Chancellor announced a stamp duty holiday extension, offering buyers in England and Northern Ireland a discount of up to £15,000 until 30th June 2021, and £2,500 up to 30th...

Picture Perfect: Ten Tips to Showcase a Property

March, 2021

No picture will match what a property is like in reality, but given the majority of house searches begin online these days, you can’t afford to use poor images and hope people decide to...

Inspections and Surveys

March, 2021

Now that you’ve made an offer and it has been accepted, it is time to focus on the inspections that you, as the buyer, will need to commission on your new home. There are three...

Speed up the buying process

March, 2021

Buying agent Once you begin your property search, enquire about virtual viewings to minismise risk and save time. One of the benefits of virtual viewings is that you can view multiple...

ENERGY EFFICIENCY SOLUTIONS FOR YOUR PROPERTY

March, 2021

Chancellor of the Exchequer, Rishi Sunak , announced the Green Homes Grant Scheme in his Summer Statement on 8 July, whereby the Government will be issuing UK homeowners up to £5,000...

VIDEO: What should I do when a tenant won't pay rent?

March, 2021

You thought you’d found the perfect tenants, but then you realise that they haven’t paid their rent. What should you do? • First, communication...

Interesting Fact: 39% of young adults live with their parents

March, 2021

Sunday March 14th marks Mother's Day in the UK, a chance to say thank you, remember and think of loved ones. Across the UK there are over 4.6 million mums with dependent children, and in...

98,994 Mortgage approvals in January 2021

March, 2021

98,994 mortgages were approved in January 2021, 50% higher than in January 2020 and at £24.3 billion, gross lending was at its highest monthly figure since March 2016. Mortgage approvals...

How to save a deposit for your first home

March, 2021

The bottom line of raising a deposit is that you need to save money! Here are some top tips to help start you on your campaign to turn your pennies into pounds: With a realistic monthly...

Transactions

March, 2021

The Chancellor has announced an extension to the Stamp Duty Holiday to the end of June 2021 for purchases up to £500,000 in England, buyers able to make a saving of up to £15,000....

UK Economy

March, 2021

The UK economy is predicted to grow by 4% over 2021 and 7.3% over 2022, set to recover to pre-pandemic levels by mid-2022. The latest forecast by the Office for Budget responsibility now...

SDLT receipts tumble

March, 2021

Just over £6 billion was collected by the Treasury in England in SDLT property tax in 2020. This is £2.2 billon less than in 2019, a 27% fall. Over 300,000 property transactions...

THE 14 BEST WAYS TO ADD VALUE TO YOUR HOME

March, 2021

We all want to add value to our homes. After all, property is one of the best investments so why not make the most of it. The rule of thumb when it comes to adding value is to utilise what you...

International Women’s Day: Women in Estate Agency

March, 2021

International Women’s Day is a global annual event, on Monday 8th March, celebrating the social, economic, cultural and political achievements of women in a bid to accelerate gender...

95% Mortgages: Everything You Need to Know

March, 2021

During the 2021 Budget on 3 March 2021, Chancellor Rishi Sunak announced that new 95% mortgages will be introduced in order to allow first-time buyers to get on the property ladder with as little...

THE STAMP DUTY HOLIDAY EXTENSION EXPLAINED

March, 2021

On 3 March 2021, Chancellor Ri sh i Sun ak announced that the Stamp Duty Land Tax (SDLT) h oliday will be extended until 30 June 2021 after facing pressure to extend...

Economy set to bounce back by mid-2022

March, 2021

The economy is set to bounce back to pre-pandemic levels by the middle of 2022, with the furlough scheme extended until the end of September. The Stamp Duty Holiday, has been extended to the...

Make your house a home during COVID-19

March, 2021

As we continue to operate in these uncertain times, we've spent more time in our homes than ever before, trying to adapt our spaces to both work and relax from. While our focus has been setting up...

Wallet-friendly places to live near London

March, 2021

As more residents of the UK have learnt to appreciate the importance of space and the outdoors following months of lockdown, many city-workers are seeking commuter towns outside of London, with...

Highest level of sales in January in 14 Years

March, 2021

An estimated 121,640 transactions completed in January, the highest January total since 2007 and a 24.1% increase on 2020, as the surge in property sales continues. Excluding 2020, current...

Fun Fact: Addresses including daffodils and dragons cost 9% more

March, 2021

St David's Day, 1 March celebrates the patron Saint of Wales, Wales home to over 3 million people, 4.7% of the UK population (ONS). Dragons, daffodils and leeks are the symbols most closely...

1 in 8 households had no access to private gardens

February, 2021

One in eight households (12%) in Great Britain have no access to a private or shared garden during the coronavirus lockdown. Private outdoor space was the strongest design-based predictor of...

The 2021 Guild Awards: Winners Announced

February, 2021

This year, in light of the current pandemic, The Guild hosted their National Meeting virtually on Friday 19th February. The meeting was an outstanding success, with hundreds of the best...

UK House Prices Up by 8.5%

February, 2021

ONS, Halifax and Nationwide all report a sharp increase in annual house price growth since the stamp duty holiday announcement in July 2020. According to the December UK HPI (ONS), the...

Why do house sales fall through?

February, 2021

Moving to a new house can be a stressful time, particularly if a sale falls through. Don’t worry if this happens as there are often ways to get it back on track. Guild Members...

The Guild Guide: Best Time To Sell Your House

February, 2021

It’s a common fact that spring is generally the best time to sell a property. This is due to the bright daylight and increased sunlight hours, which make your home more visually appealing,...

We are OPEN

February, 2021

Looking to Move? We’re Open for Business! As England continues its third lockdown, we want to reassure our customers or those thinking of moving house that...

What the flip? The largest pancake ever created ...

February, 2021

Pancakes have become such a popular Shrove Tuesday tradition that on 16th February, a whopping 52 million eggs will be used in the UK. That is 22 million more than your average day, eggciting...

31% of buyers will most likely ditch home moves if they have to pay stamp duty

February, 2021

Thousands of homebuyers will pull the plug on their deals as a result of the stamp duty holiday not being extended. Around a third (31%) said they would very likely cancel their planned...

10 ways to energise virtual meetings

February, 2021

If you are working remotely and relying solely on virtual meetings, you need to ensure that daily video calls and catch ups don't go a little stale. Here are our top tips to keep those meetings...

Read This Before You Buy a Flat for the First Time

February, 2021

When viewing flats for the first time, it can be difficult to recognise potential issues and highlight the key benefits of the home right away. Each building can vary in structure, accessibility...

The Guild saved network over £26 million in 2020

February, 2021

During what can only be described as an unprecedented year for not only the property industry, but the world, Members of The Guild of Property Professionals were able to save thousands on costs...

What Does the Third Lockdown Mean for Homemovers in England?

February, 2021

With the new variant of COVID-19 causing a rapid rise in infections throughout the country, Prime Minister Boris Johnson announced new measures and a national lockdown to mitigate the spread of...

The road ahead – What does 2021 look like for the property market?

February, 2021

The year 2020 will forever be remembered as the year that changed the world. As this unprecedented year comes to an end, many are wondering what the New Year will bring for the property market...

How To Protect Your Vacant Home In 5 Steps

February, 2021

We all know that selling your home can be stressful at the best of times, right? But when you need the property vacant for an extended period of time, it can sometimes increase that stress...

The Best UK Locations for Winter Walks

February, 2021

As our lifestyles have been altered by the COVID-19 pandemic, many are considering relocating to more rural or scenic locations. With this in mind, we asked Guild Members for their...

How to apply for the Green Homes Grant Scheme

February, 2021

With the Green Homes Grant Scheme, homeowners and landlords can apply for a grant towards funding energy-efficient home improvements from the end of September 2020. We reveal more about the scheme...

How to use technology and social media to keep in touch with family

February, 2021

If you are self-isolating because of coronavirus, it is important to maintain relationships with your friends and family. As human beings, we need human interaction for our happiness and...

Using a letting agent

February, 2021

As a landlord, whether you have restricted time, little experience or prefer the convenience, letting agents provide a range of services to take on the responsibilities involved with letting a...

Your Stress-Free Guide To Moving House

February, 2021

The completion stage on your new home is done and dusted, and now you just can’t wait to move house, right? Moving house is commonly referred to as one of the most stressful things you...

Best places in the UK to walk and cycle to work

February, 2021

The gradual lifting of lockdown has meant that a portion of the UK population are returning to their offices with many of us keen to avoid public transport as much as we can. For months, walking...

The Guild partners with Agents Giving

February, 2021

The Guild of Property Professionals is using the size of its network to make a difference by donating £50 to Agents Giving for every successful referral completed . With a network of...

Working from home – how it has impacted the property market

February, 2021

Over half the population’s working circumstances have changed with around 34% of people being told they will continue to work solely from home and a further 22% being told that they will...

A Guide for First-Time Sellers

February, 2021

Whether you want to move to a new location, upgrade to a larger home or are looking to take on a project property, selling your home can seem like a mammoth task. If you have never sold a house...

How to spot an overpriced house

February, 2021

To put it simply, buying a home often boils down to the price. There are a few ways you can quickly identify properties which are overpriced, and this knowledge will put you in a better position...

Selling your home via the Modern Method of Auction

February, 2021

Selling your home is a big decision, so it's important to consider all the options available. We bust common myths surrounding the Modern Method of Auction and explain why it may be a...

Beautiful bathrooms to inspire your renovation

February, 2021

Bathrooms are an important part of the home. They provide a haven for us to get ready for an important day, then a place to wind down and relax at the end of it. During lockdown, it was reported...

10 practices to help maintain mental health during isolation

February, 2021

As many of us are spending more time than ever in our homes, restricting time outside and social contact, it's hard not to focus on anything that isn't your own worries and concerns. Here are...

4-Step Guide: How Much Is My Property Worth?

February, 2021

Selling your property is possibly up there with one of the biggest and most important decisions that you will make in your lifetime. And while it’s a no brainer that agreeing on an asking...

When is the Best Time to Sell Your Home?

February, 2021

Putting your home on the market is a big decision, so it’s important to make sure that you’re doing it at the right time of year. There has always been debate about the best time to...

How to perfect your work from home routine

February, 2021

Recent updates with the COVID-19 virus has meant a lot of employees are having to self-isolate and adapt to new work routines from home. With flexible working becoming increasingly...

The Guild backs Boomin and urges agents to sign-up to the soon-to-launch portal

January, 2021

The Guild of Property Professionals is recommending Boomin to its members after today announcing its full support for the soon-to-launch platform. The decision to back Boomin comes after an...

8 Rules For Buying Property

January, 2021

It’s very rare that two property purchases are the same, while one property investment could be the foundation to building wealth, another could be a monetary black hole. But what is the...

The Guild claims to have saved agents over £26m last year

January, 2021

Members of The Guild of Property Professionals were able to save thousands on costs last year by being a part of one of the UK’s largest estate agency networks, according to Iain McKenzie,...

Selling Your Property: How To Avoid Over-Staging Your Home In 10 Steps

January, 2021

When you’re looking around for a new home, there’s nothing worse than seeing a property that seems to be trying too hard, are we right? When you over-stage your home, you run the risk...

Read This Before You Buy a Flat for the First Time

January, 2021

When viewing flats for the first time, it can be difficult to recognise potential issues and highlight the key benefits of the home right away. Each building can vary in structure, accessibility...

Covid-safe agents using virtual tools have seen an increase in market share

January, 2021

Agents with a clear Covid-safe policy and virtual viewing tools are attracting greater market share, according to Iain McKenzie, CEO of The Guild of Property Professionals. He believes that...

Cyber Liability Insurance is imperative for property professionals

January, 2021

With more people than ever before working remotely, there is a lot more vulnerability surrounding IT systems, which has resulted in an increase in the number of cyber-related crimes. Data from...

How to Juggle Working from Home and Homeschooling

January, 2021

For many parents, memories from the first lockdown, juggling working from home and ensuring their child keeps on top of their education will fill them with dread. Before we delve into our top...

Your Stress-Free Guide To Moving House

January, 2021

The completion stage on your new home is done and dusted, and now you just can’t wait to move house, right? Moving house is commonly referred to as one of the most stressful things you...

Buying property through auction: what you need to know

January, 2021

Whether you're a pro or new to buying property, it can be a daunting experience with various obstacles along the way. However, buying at auction offers many benefits to homebuyers that you may not...

Nine Ways to Help Your Child Succeed at Home with Distanced Learning

January, 2021

Following the recent announcement of a national lockdown across the UK, at Drivers & Norris we understand this may be a challenging time for families, as you try to juggle work with home...

Selling your home via the Modern Method of Auction

January, 2021

Selling your home is a big decision, so it's important to consider all the options available. We bust common myths surrounding the Modern Method of Auction and explain why it may be a...

Where To Buy A Holiday Home In The UK

January, 2021

Holiday lets can be extremely rewarding. And in the current climate, with the Coronavirus pandemic, staycations are on the rise, adding value to a holiday home purchase in the UK. If...

A Guide for First-Time Sellers

January, 2021

Whether you want to move to a new location, upgrade to a larger home or are looking to take on a project property, selling your home can seem like a mammoth task. If you have never sold a house...

The Guild of Property Professionals joins the Kickstart Scheme

January, 2021

To help smaller agents compete on a level playing field with the larger corporates, The Guild of Property Professionals is planning to act as a representative for its members who would like to...

The best place to buy a home for your parents to live in

January, 2021

Are you looking to give back to your parents by helping buy them a new home? If you’ve reached a stage in your life where you’re financially stable and are able to help Mum and Dad...

82 agency offices have joined The Guild since the start of lockdown. Why?

January, 2021

82 agency offices have joined The Guild since the start of lockdown. Why? There's no doubt COVID-19 has disrupted our industry; the property market was closed for...

31% of buyers will most likely ditch home moves if they have to pay stamp duty

January, 2021

Thousands of homebuyers will pull the plug on their deals as a result of the stamp duty holiday not being extended. Around a third (31%) said they would very likely cancel their planned...

The Best UK Locations for Winter Walks

January, 2021

As our lifestyles have been altered by the COVID-19 pandemic, many are considering relocating to more rural or scenic locations. With this in mind, we asked Guild Members for their...

How to apply for the Green Homes Grant Scheme

January, 2021

With the Green Homes Grant Scheme, homeowners and landlords can apply for a grant towards funding energy-efficient home improvements from the end of September 2020. We reveal more about the scheme...

Strategy & Planning: The Guild's Business Owners Power Session

January, 2021

The Guild's virtual power session for industry owners On 1 October 2020, The Guild hosted an online power session for business owners looking...

480,000 reasons why Guild Members should make a referral

January, 2021

The Guild of Property Professionals is using the size of its network to make a difference by donating £50 to Agents Giving for every successful referral completed. With a network of...

Wallet-friendly places to live near London

January, 2021

As more residents of the UK have learnt to appreciate the importance of space and the outdoors following months of lockdown, many city-workers are seeking commuter towns outside of London, with...

A tenant’s guide to moving into your first home away from home

January, 2021

Moving out of your family home for the first time is a big step. It can be exciting, emotional and daunting when taking on the new responsibilities involved with moving into your first home....

Have your say on improving home energy performance through lenders

January, 2021

A new consultation from the Department for Business, Energy & Industrial Strategy wants your opinion on how lenders could help householders improve the energy performance...

How to be a good landlord

January, 2021

Being a good landlord requires time, effort and money, but it’s worth it to find and keep good tenants for longer who will help to pay your mortgage and put money in your pocket. The impact...

How To Protect Your Vacant Home In 5 Steps

January, 2021

We all know that selling your home can be stressful at the best of times, right? But when you need the property vacant for an extended period of time, it can sometimes increase that stress...

Stamp duty holiday keeps estate agents busy during lockdown

January, 2021

Estate agents have been allowed to stay open under tier four restrictions, but they've had to step up precautions to keep safe. The demand for buying and selling homes during the pandemic has...

Brexit and Coronavirus give short-term hit to London rental market

January, 2021

Figures from investment consultancy London Central Portfolio show how vulnerable the capital’s rental market is to Brexit and Coronavirus - but also suggest a way forward once travel...

34-storey block of flats set to dominate new Build To Rent scheme

January, 2021

A Build To Rent scheme of 322 flats will include a 34 storey tower, it’s been revealed. Developer and property management firm Watkin Jones says it has acquired the site for the scheme in...

Beat Lockdown! Big surge in tenant moves in London, says agency

January, 2021

The number of tenants that moved home in London in December was double that of December 2019, according to an agency chain in the capital. Chestertons says its December 2020 performance was its...

Connells Group forms new charity partnership with Mind

January, 2021

Connells Group has announced a new partnership with mental health charity Mind. The formation of the partnership, effective now, follows a colleague survey to choose a new charity, and will...

Have you got cyber liability insurance?

January, 2021

With a high number of agents among those who are now working remotely, there is a lot more vulnerability surrounding IT systems, which has resulted in an increase in the number of cyber related...

Over 1.4 million businesses supported through Covid-19 lending schemes

January, 2021

More than 1.4 million loans have supported businesses and protected jobs across all sectors, including property. Government figures show that the retail and construction sectors have benefitted...

Stamp duty holiday set to save buyers £1.5bn before the March deadline

January, 2021

The current stamp duty holiday has already saved homebuyers an estimated £817m, with the potential to reach £1.5bn before the March deadline, according to new research by Keller...

Anti-money laundering training webinar for agents takes place today

January, 2021

Rightmove is to host its third anti-money laundering webinar this morning, aimed at agents, and will be run by Jerry Walters, managing director of FCS Compliance. Today’s webinar,...

New rent guarantee product offers “a market first” for agents - claim

January, 2021

HomeLet and Let Alliance have announced what they call a market first with a rent guarantee providing cover until vacant possession or up to 15 months, whichever comes first. The product...

Larger homes in demand as virus influences tenant aspirations

January, 2021

The current need to work from home, and the prospect of continuing to do so in part after the pandemic, is changing the demand pattern in the lettings industry. Matt Trevett, managing...

Record number of buy to let landlord companies set up

January, 2021

Research by Countrywide agency Hamptons shows that during 2020 some 41,700 new buy to let limited companies were formed. That’s a record for a single year and an increase of 23 per cent...

New ‘Right to Regenerate’ proposals aim to boost the supply of new homes

January, 2021

New Right to Regenerate proposals will force councils and public sector to sell unused land and assets, enabling the public to acquire and convert vacant plots of land and derelict buildings into...

Agents will benefit from the Supreme Court’s decision on insurance claims

January, 2021

The Supreme Court’s decision on Friday to allow an appeal that could see businesses claim more than £1.2bn from their insurance for coronavirus related disruption will be...

Agency owners can focus on ‘protecting staff’ with video viewings

January, 2021

With the latest guidance issued by the government explicitly advising agents, buyers and sellers that more activity should be done online, with initial viewings done virtually where possible,...

LSL shares rise as firm predicts ‘significant’ increase in full-year profit

January, 2021

Shares in LSL Property Services jumped more than 6% on Friday after the estate agency firm announced that trading profit for 2020 will be “significantly” up on the previous year....

Rishi Sunak urged to scrap stamp duty altogether

January, 2021

Rishi Sunak is coming under increasing pressure to scrap stamp duty altogether, along with council tax, and replace both charges with a national property tax instead. Charity Fairer Share is...

Tips to find a buy-to-let property

January, 2021

Letting a property and becoming a landlord can be an attractive and exciting venture, but there is more to renting out a property than you may realise. Here at The Guild, we have created a helpful...

Using a letting agent

January, 2021

As a landlord, whether you have restricted time, little experience or prefer the convenience, letting agents provide a range of services to take on the responsibilities involved with letting a...

What Does the Third Lockdown Mean for Homemovers in England?

January, 2021

With the new variant of COVID-19 causing a rapid rise in infections throughout the country, Prime Minister Boris Johnson announced new measures and a national lockdown to mitigate the spread of...

When is the Best Time to Sell Your Home?

January, 2021

Putting your home on the market is a big decision, so it’s important to make sure that you’re doing it at the right time of year. There has always been debate about the best time to...

Did Islington house prices rise by 13% in 2020?

January, 2021

Islington has recorded the UK's highest house price growth of 2020 - but estate agents in the borough have questioned whether the figures reflect the reality on the ground. The price of the...

Islington and Camden charity connects generations with winter project

January, 2021

North London Cares' 10th Winter Wellbeing project sees neighbours over 65 connect with younger people in phone-in sessions. - Credit: North London Cares A...

Student on 'emotional' first day giving Covid jab to NHS workers

January, 2021

An Islington student has spoken of her pride after administering the Covid-19 vaccine to dozens of frontline health workers in Crouch End. “I had my first day yesterday [January...

Digital ID scheme for property sales announced

January, 2021

Etive Technologies has secured an Innovate UK grant to improve identity verification in the residential home buying and selling process . The project will enable consumers to use...

LSL Property says no end in sight to housing mini-boom

January, 2021

The residential sales exchange pipeline at 31 December was more than 65% above the same date in 2019. LSL says December's revenue rose 12% LSL Property Services PLC ( LON:LSL )...

New parliamentary group to promote commercial property

January, 2021

Over the last 20 years the economics and politics of the housing market has been transformed. Housing used to be a battleground between different ideologies. The Labour party thought that it...

Agents told to prepare for new off-payroll working rules

January, 2021

ARLA Propertymark is advising agents to get up to speed on new rules - and possible higher costs - when changes to off-payroll working rules come into effect in April. Propertymark says...

Number of housing completions almost tripled in Q3 2020

January, 2021

The number of completed homes almost tripled compared to the previous quarter, the latest figures show. The government statistics reveal that 45,000 homes were completed in the period, which is...

Agents should ‘stand proud’ of the service they provide during the pandemic

January, 2021

Letting agents should take pride in the essential role they provide, according to The Letting Partnership. It praised the industry for responding quickly to new legislation, which has been...

Tips for agents working remotely and home schooling

January, 2021

The Guild of Property Professionals has issued some tips for agents and others working in the property industry who are trying to juggle working from home and ensuring their child keeps on top of...

Final push as stamp duty extension campaign approaches petition target

January, 2021

A petition demanding a stamp duty holiday extension is getting closer to its target of 100,000 petition signatures – but needs one last push to reach its goal. The petition,...

Revealed – where are the UK’s property value hotspots?

January, 2021

With the average homeowner staying put in their property for 23 years, mortgage loan company Ocean Finance has uncovered the top property value hotspots in the UK over the past 20 years. Its...

Make sellers pay stamp duty, senior industry figure suggests

January, 2021

One of the most respected figures in the industry, trainer and consultant Richard Rawlings, is suggesting that stamp duty should be paid by the vendor not the buyer. His suggestion - in a...

Letting agents should be proud of their role, urges industry supplier

January, 2021

Letting agents should stand proud of their record helping both landlords and tenants, especially in these more difficult times. That’s the view of an industry supplier - outsourcing...

Scrapping of S21 and new transferable deposits likely “very soon”

January, 2021

The long-awaited Renters' Reform Bill, promised 14 months ago, is likely to be introduced to the House of Commons “very soon.” The Bill is set to include the scrapping of Section 21...

Agency offers to print school work for children during lockdown

January, 2021

Parson Estate Agents is offering to print out homeschool work for families in Diss and Harleston. Given the cost of ink and some households not having access to a printer at home, owner Kevin...

Conveyancers call for stamp duty extension as petition hits 84,000 signatures

January, 2021

Three leading conveyancing organisations have once again called on the chancellor Rishi Sunak to extend the current stamp duty holiday, which is due to expire at the end of March. The Society...

EYE poll: Should agents be offered weekly rapid Covid tests? Vote now!

January, 2021

Every key worker who cannot work from home, including those who operate in construction, will soon have access to a rapid 30-minute test twice a week, the government announced earlier this week....

The government is “absolutely determined” to keep the housing market open

January, 2021

The government remains committed to keeping the housing market open despite repeated warnings from scientific advisers that the existing current lockdown does not go far enough and...

Coronavirus fall-out is main deterrent to potential buyers and sellers

January, 2021

Even the prospect of a stamp duty holiday is not enough to persuade many buyers and sellers to enter the market according to a new survey. The study of 6,000 adults - by financial services...

Private renters enjoy more life satisfaction than social sector tenants

January, 2021

Social renters have the lowest life satisfaction and experience the greatest anxiety according to analysis by a property management firm. Lettings company Apropos has analysed the latest...

What has Brexit done to property prices?

January, 2021

The London and UK property market has, so far, remained relatively impervious to any post-Brexit related decline. Despite claims by the Bank of England that leaving the EU could see house prices...

PropTech Today: Five sessions from RE:Connect you need to watch

January, 2021

James Dearsley is a leading PropTech influencer and commentator, and is co-founder of PropTech platform Unissu , talks about their RE: Connect event: "The ‘future...

Working From Home: Is the shift away from offices permanent?

January, 2021

A leading business consultancy says the level of working-from-home in the UK by 2025 all be five times that before the pandemic. Estate agents are currently advised to work from home where...

New year, new lockdown, new UK lettings activity surge

January, 2021

Newly imposed stricter coronavirus lockdown rules made little impact on housing market activity and may have acted as a catalyst as new enquiries from landlords seeking agents and tenants surged...

It is time for seller’s packs to return, otherwise nothing will improve

January, 2021

In search of a faster, more profitable, and more efficient home buying journey, the property industry has long been looking to advanced technology for guidance. But the truth is, we had the...

Buyers demand stamp duty holiday extension as petition hits 72,000 signatures

January, 2021

There is growing demand for an extension to the stamp duty holiday from many of those who have started the buying process but have yet to complete, fresh research shows. According to a...

Appeal launched to raise funds for home learning computers

January, 2021

A new appeal that aims to raise £50,000 towards providing computers for children studying at home has been launched by industry trainer Stephen Brown. He has set-up a Go Fund Me page...

Rent discount announced by major student accommodation provider

January, 2021

Unite Students, one of the UK's leading student accommodation providers, is giving tenants a rent reduction. Students will be able to apply for a discount of 50 per cent of their rent for a...

PropTech firms reveal latest products aimed at letting agents

January, 2021

Movinghub UK has announced its latest integration with Reapit. Movinghub allows agents to assist tenants and other home movers to organise services and utility providers either online or with a...

Mortgage availability continues to improve

January, 2021

The number of residential mortgage products has increased for the third consecutive month to 2,893, according to Moneyfacts. This is the highest total availability recorded since April 2020...

Fine & Country seeks to boost territory presence by supporting local start ups

January, 2021

Fine & Country is looking to expand the number of associates and licensees by supporting agents who are aspiring to run their own office and allowing them to use its brand. The...

Lord's Cricket Ground used as Covid-19 vaccination centre

January, 2021

Local residents and primary care staff have received the coronavirus vaccine at Lord's Cricket Ground. MCC and Healthcare Central London have created a vaccination centre at the venue in...

UK housing market likely to come under growing near-term pressure

January, 2021

Residential property prices increased by 6% in 2020, the latest data from Halifax shows, but the lender, like many agents, is predicting downward pressure on values, at least in the short-term....

The road ahead – What does 2021 look like for the property market?

January, 2021

The year 2020 will forever be remembered as the year that changed the world. As this unprecedented year comes to an end, many are wondering what the New Year will bring for theproperty market with...

Garden activities for the whole family

April, 2020

As a result of the outbreak of coronavirus, most of the UK and overseas are having to self-isolate in their homes, many with families to look after and keep entertained. Having so much time at...

Presenting your Property Virtually

April, 2020

As the country adapts to the temporary ‘new normal’ of lockdown, we are embracing digital tools like never before in all aspects of our lives. If you’re thinking of selling your...

How to use technology and social media to keep in touch with family

March, 2020

If you are self-isolating because of coronavirus, it is important to maintain relationships with your friends and family. As human beings, we need human interaction for our happiness and...

How to perfect your work from home routine

March, 2020

Recent updates with the COVID-19 virus has meant a lot of employees are having to self-isolate and adapt to new work routines from home. With flexible working becoming increasingly...

Digital house viewings: Promoting your property with our Video Viewing Tool

March, 2020

While the housing market has remained fairly stable amid fears of risk posed by the coronavirus outbreak, Guild Members are reporting that many people are avoiding placing their properties on the...

Prepare Your Home for Spring: Home Décor Tips

March, 2020

Spring is almost here! Friday 20th March brings us the first day of spring 2020 and with the new season comes longer, brighter days after a cold and gloomy winter, prompting many people to...

How The Guild can help you

March, 2020

Value your peace of mind? Finding the right property partner will make you feel confident in your decisions and cut out any unnecessary stress....

On average, it takes about eight seconds for a buyer to decide whether or not they want to purchase your home, so there isn’t second to waste.

March, 2020

On average, it takes about eight seconds for a buyer to decide whether or not they want to purchase your home, so there isn’t second to waste. Here are tips to show your home in its best...