Archive

The Bank of England will trim base rate to 5% next week, according to a majority of economists in a poll...

Connells’ new chief executive is to be Helen Charlesworth, who for the past eight years has been managing director at Stonegate...

Some 51% of young first-time buyers are willing to consider so-called ‘non-traditional routes’ to move out of renting and onto the...

The low supply of rental homes continues to put upward pressure on rents, reports Hamptons.   The average tenant paid £1,347 pcm to...

New figures from lettings agency Hamptons suggest that investors purchasing buy to let properties are increasingly looking to the north of...

The government’s renewed pledge to end Section 21 eviction powers for agents and landlords is fine, a leading industry figure has...

The average age of landlords acquiring new rental property with a buy to let mortgage has fallen over the past decade,...

Property consultancy JLL says there’s been a noticeable rise in prime Central London lettings activity.  Average rents rose 0.9% from Q1 to...

Asking rents continue to show posi­tive, albeit lower, growth in most regions according to the property website Home. The site conducts a...

Data sourced from millions of Barclays current accounts reveals spending on rent and mortgages rose just 1.5% year-on-year in June –...

Leading property players and analysts suggest that the lacklustre housing market figures produced by the Halifax over the weekend owe more...

Paragon Bank has reduced rates on its core range of buy-to-let mortgages, taking 15bps off 10 products, in addition to launching...

The incoming Labour government has a social mandate to support the next generation of homeowners in the UK, says financial PropTech...

The biggest rental sector headline from Labour’s manifesto may well be its pledge for the “immediate” abolition of Section 21 eviction...

The result of the election isn’t likely to be a gamechanger for the housing market, a prominent business consultancy says.  An analysis...

Although much focus is on the Bank of England and when it will begin to cut interest rates, a sobering warning...

New rules on renewing leases may take years to come into effect, a leading property lawyer warns. The Leasehold Reform Act became...

This year has seen a two-decade high of 181,000 first time buyers secure their first foot on London’s housing ladder, marking...

People who expect to rent throughout their retirement could need an additional £391,000 in savings compared to those who have paid...

The decision of property developer Berkeley Group to enter the private rental sector is bad news for tenants, it’s claimed. Berkeley plans...

The Deposit Protection Service's charitable foundation claims that a significant proportion of tenants who have recently moved are cutting back on...

The Bank of England has kept base interest rate at 5.25%. Some industry figures hoped for a cut following yesterday’s inflation news,...

Labour has stepped up its programme clamping down on what it calls “unscrupulous landlords strangling growth.” Specifically this means ending bidding wars,...

Inflation back on target and following speculation about a summer interest rate cut have prompted Propertymark to insist that the Bank...

Would-be buyers with a 5% deposit face paying £300 per month more in mortgage repayments than if they continued renting, says...

The UK housing market has returned to its pre-pandemic size, according to Savills analysis. Overall, the total value of the UK housing...

Shelter has spoken out in favour of what it calls “bold” commitments by Labour on the private rental sector and house...

Labour’s manifesto, just released, makes a pledge to enact the “immediate” abolition of Section 21 eviction powers, along with other private...

Any lingering hope of a pre-election interest rate cut by the Bank of England has been hurt by the government’s Office...

Agents, and others in the lettings industry, have given a sceptical response to the Conservative manifesto and its varied pledges about...

The Conservatives have this afternoon set out a 78-page manifesto, of which just over two pages are given to housing and...

Data sourced from millions of bank accounts reveals spending on rent and mortgages increased 6.3 per cent year-on-year in May. Barclays data...

Over the weekend the Conservatives pledged that if elected on July 4 they would permanently scrap stamp duty for first time...

An accountancy firm is warning those using Airbnb and similar short let platforms that new tax rules mean they could lose...

Labour is launching a new Freedom to Buy scheme to get 80,000 young people on the housing ladder, over the next...

The director of a London lettings agency says buy to let landlords are entitled to feel downtrodden but claims it’s still...

Online agency lettingaproperty.com says it’s bought up the rental portfolio handled by virtual rival Mashroom. The acquisition increases lettingaproperty’s assets under management...

Tenants today spend 12% longer in the same property before switching, than they did a decade ago. Analysis of the English Housing...

As a result of an announcement back in March, in the government’s final Budget, a major change to stamp duty comes into...

Your Move – part of LSL, which last year underwent a radical restructuring - is trying to woo existing agents and...

Rightmove has produced five core demands on behalf of the rental sector, which it would like the next government to meet. These...

A prominent housing market analyst says people shouldn’t bother reading election literature but instead study interest rates if they want to...

Four fifths of developers believe that the next government needs to do more to support first time buyers, according to the...

A mortgage lender claims many potential first time buyers are missing out because they don’t understand the concept of shared ownership. Just...

Propertymark has stepped into the row over whether there should be more controls over second homes, holiday lets and people from...

Knight Frank says the normalisation of supply and demand in Prime London has happened more quickly than anticipated, forcing it to...

The ESTAS has revealed the nominations for three of its most prestigious categories to complete the shortlist for the 2024 awards. The...

A charity claims that new official figures on rent rises will “create more worry among private renters.” StepChange charity is referring to...

Inflation figures are down - but not as much as many analysts expected. The basic Consumer Price Index figure fell from 3.2%...

Deposit alternative provider, flatfair, has reported record figures for the first quarter of 2024. From January to March, 56% of tenants chose...

Half of all tenants who moved during the past 12 months found it ‘difficult’ or ‘very difficult’ to secure a new...

Tenants renewing an existing contracts have been faced with high rent rises according to Hamptons lettings agency. It says they rose 8.3%...

A third of homes currently for sale can be bought with a mortgage and monthly repayments that cost less than the...

Inflation is expected to drop sharply in the April figures due out this week. The Office for Budget Responsibility and Bank of...

As the Renters Reform Bill makes its way through the House of Lords, Propertymark has advised peers not to miss this...

Despite once claiming it would abolish Section 21 evictions “on its first day in office”, Labour appears to have gone cool...

Some 50% of tenants who moved last year did so because their landlords decided to sell the property.  By contrast, eviction was...

Londoners looking to buy a home can expect to spend 42% more on monthly mortgage payments than tenants pay on rent,...

An Office of National Statistics survey shows that the top three issues facing the UK are still the cost-of-living crisis (89%),...

Propertymark has given its view on why private rents have risen so much - 6.1% in England, 7.0% in Wales and...

A stamp duty cut in the run up to a General Election would see house prices go up and evictions soar,...

A prominent lettings expert and former president of ARLA Propertymark has berated agents who advertise ‘free valuations.’ Sally Lawson, now well known...

The Cotswolds is the most lucrative place in the UK to own a holiday let, according to Sykes Holiday Cottages. With annual...

Number one portal Rightmove has upgraded growth expectations in its latest statement to shareholders - and is again growing its average...

Propertymark says the lettings market is beginning to stabilise as rent arrears decrease. Propertymark member agents reported that on average, 2.5% of...

The latest RICS UK Residential Survey results suggests that tenant demand continues to lose momentum.  Alongside this, landlord instructions remain in short...

An estate agency that promotes the self-employed model claims that three areas of the country lead when it comes to industry...

A lettings agent who is also on the executive of Propertymark claims one of Britain’s tourist hotspots has been over-run with...

The average gross rental yield reported by landlords has reached the highest level since the second quarter of 2018, according to...

Startling regional differences are acting as barriers to those looking to step onto the property ladder for the first time, according...

The ESTAS, the customer review and awards platform, has unveiled new headline partners for 2024. Reapit and PayProp will become the Headline...

The percentage of tenants borrowing money to fund their cash deposits on their next property has risen over the last 12...

Rightmove says it’s now cheaper to buy than rent in each of Great Britain’s biggest cities, highlighting why many determined first-time...

Data from in-the-news agency Foxtons reveals rental applicant demand has increased 9% from February, yet is now still 14% lower year...

There's good news for the buy to let sector as mortgage product availability is showing signs of stability, according to the...

Top tips will be provided for landlords in the private rental market in a seminar next month organised by high profile...

The chief executive of one of Britain’s largest franchise agency chains is warning that rents may no longer be able to...

A deposit alternative service claims the cost of rent has outpaced salary growth by 5.2% over the past 10 years, leaving...

Average rent arrears claims climbed to £1,816 in the first quarter of this year. That’s a rise of 27% from £1,435 in...

The UK's rental market is experiencing a slowdown says a lettings chief. Nicky Stevenson, Managing Director of Fine & Country notes that...

A prominent lettings agency claims the Renters Reform Bill is not proving a deterrent to buy to let investors. The Leaders Romans...

It feels as though the UK housing market is waiting for something to happen. The prevailing mood is one of anticipation with...

Foxtons says it wants to extend what it calls its “full digitisation of the lettings journey” to its sales side, as...

Houses in Multiple Occupation are making up an increasing percentage of buy-to-let business, according specialist lender Shawbrook.  In both 2022 and 2023,...

The ESTAS awards event in October has a new principal partner. It’s Landmark Information Group, which includes Landmark Estate Agency Services, Searchflow,...

There’s been at most a one per cent reduction in landlords in the buy to let sector, a think tank claims...

Almost one in three buy to let landlords are set to sell up in the next 12 months. That’s the shock statistic...

A deposit alternative company is calling on agents to help tenants save an average of £1,000 on up-front costs. Flatfair chief executive...

Promising figures from the latest house price index doesn’t mean underlying problems in the market have been solved, warns Propertymark. UK house...

Prime London rental values ticked up 0.3% over the first three months of 2024, according to Savills, as the market continues...

Lloyds Banking Group, Nationwide, NatWest and Rightmove have announced a strategic investment in Coadjute, a prominent PropTech business.  This is the first...

For first time buyers, renting is cheaper than buying in most of the UK according to new data from the Halifax.  London, the...

Propertymark is telling the Bank of England that now is the perfect time to cut base rate and trigger wider interest...

Average UK private rents increased by 9.0% in the 12 months to February 2024 according to the Office for National Statistics. This...

A think tank is urging the UK government to consider tax perks for private renters to help them save faster for...

Latest inflation figures are announced on Wednesday and the Bank of England makes its next base rate decision on Thursday. The Office...

Today’s new market snapshot from the Royal Institution of Chartered Surveyors shows tenant demand rising but at a rather more modest...

New and past landlords tempted back to Buy to Let have been warned - passive income from property isn’t easy.  This is...

The PropTech sector has mostly agreed with the rest of the industry in its view on yesterday’s Budget - that it...

A figure in one of the country’s highest profile lettings companies has hit out at a government proposal to penalise the...