PropertyWire - UK & International Property News Service

UK house prices up 2.2% ONS report

The average UK house price rose by 2.2% to £235,000 in the year to December 2019, according to data collected by ONS. Average house prices in England increased by 2.2% to £252,000. Wales and... Read more

How helpful are house price indexes?

A reader wrote in last week to tell me that Halifax’s claim that annual house price growth reached 4.1% in January doesn’t tally with what he’s seen. He told me that properties around Watford and Bournemouth have actually fallen in value by... Read more

Is the market doing enough for the self-employed?

The news that self-employed people find it harder to get a mortgage than those with bad credit comes as a surprise. Apparently just 76% of self-employed applications are approved, far less than those with bad credit (89%). It doesn’t seem to... Read more

Government should explore Airbnb regulation

The news that 10% of landlords are considering switching to an Airbnb model should come as a warning to the powers that be. The growing popularity of short-term lets hasn’t been all doom and gloom – now people can travel and live in quality... Read more

The anti-landlord Twitter brigade

One notable headline this week suggested that landlords regret investing in buy-to-let due to the increased regulations they face. Any landlords following the story on social media would need to be thick skinned. The Twitter response included... Read more

Is the market on the up or not?

It’s hard to know who to take seriously when looking at noises about the housing market so far in 2020. We’ve seen some upbeat reports and the odd negative one about whether there’s been a so-called ‘Boris bounce’ in people buying since... Read more

Will landlords really exit the market this year?

I was surprised to read a study saying a quarter of landlords plan to sell at least one of their properties this year. Apparently a succession of tax increases, shifts in House in Multiple Occupation licencing, new stipulations on the minimum... Read more

A well-earned Christmas break

After a busy couple of months, I’m sure landlords, agents and developers will be spending some well-earned time with loved ones this week. There’s a sense of calm before the storm, as Barratt Homes said last week the company is gearing up for... Read more

At least the General Election is over

It’s been a week dominated by the General Election – and whatever your political allegiance at least there’s an end to the political gridlock. It looks like Brexit is going to happen and, though I’ve never been a fan of it, at least we... Read more