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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...
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...
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...
Affordability concerns continue to dampen the transaction pipeline, despite strong supply, new figures show. Landmark Information Group’s latest data reveals faltering property...
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...
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...
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. ...
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...
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...
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...
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...
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. ...
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...
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)...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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....
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...
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...
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....
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...
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 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...
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. ...
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...
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...
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. ...
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'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...
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...
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 (RAN) has unveiled the winners of this year’s RAN Awards, which organisers say ‘serves as a celebration of excellence within the real estate...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Professional landlords have revealed how much they are prepared to invest to keep up with tightening regulations surrounding energy efficiency standards in rental properties. ...
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. ...
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...
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...
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...
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...
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,...
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...
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...
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...
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. ...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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 proudly recognises the exceptional achievements of its members during its 30th Anniversary celebration and Awards ceremony held in London on 16 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...
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...
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 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...
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...
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...
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 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...
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...
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...
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...
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 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...
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...
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,...
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...
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...
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....
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...
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...
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...
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...
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...
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....
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...
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...
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 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...
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. ...
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 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...
‘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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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...
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. ...
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 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...
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...
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...
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...
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,...
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...
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,...
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...
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...
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...
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...
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,...
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...
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....
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 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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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 England’s historic towns is outperforming that of its ‘new’ town rivals, climbing by 8.2% last year alone. Research from estate and lettings...
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...
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 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...
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. ...
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...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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...
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 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...
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...
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...
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...
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...
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 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...
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 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...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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...
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 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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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....
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...
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)....
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...
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...
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...
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 –...
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...
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...
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 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...
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...
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...
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...
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...
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 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...
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...
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...
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...
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...
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...
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 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...
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. ...
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...
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,...
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...
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...
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...
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%...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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%...
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...
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 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...
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...
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...
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...
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,...
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 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...
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...
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%...
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...
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...
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...
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...
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...
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:...
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....
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,...
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...
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 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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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. ...
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....
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...
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...
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...
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...
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...
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...
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...
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%...
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...
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...
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...
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...
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...
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...
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...
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...
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 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...
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...
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...
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...
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...
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....
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 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. ...
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...
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...
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...
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...
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...
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 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...
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...
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,...
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...
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...
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...
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...
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...
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...
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,...
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,...
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 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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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....
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...
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...
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 The team at www.onlinemortgageadvisor.co.uk analysed current mortgage rates, predicted if they’ll fall further, and...
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...
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...
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...
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 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...
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...
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...
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....
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%,...
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...
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...
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...
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...
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...
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...
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...
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 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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 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...
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...
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...
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...
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...
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...
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...
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 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 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 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...
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...
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. ...
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...
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 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...
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...
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 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...
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 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...
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...
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...
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 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...
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...
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...
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%...
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...
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 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...
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 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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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. ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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....
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...
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...
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...
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...
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...
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...
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....
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...
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 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...
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...
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...
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 ...
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...
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....
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...
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...
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...
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 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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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,...
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 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...
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...
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...
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...
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...
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...
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...
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%...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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....
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,...
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...
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 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...
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...
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...
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...
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...
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 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...
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...
"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...
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...
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...
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...
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...
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,...
