Latest Property News
UK
Rents fall month on month across most of the UK, latest index shows
Rents in the UK’s private rented sector increased by 1.5% in the 12 months to November, taking the average to £918 per month, but down month on month in most regions, the latest rental index shows. However, when London is excluded the average... Read more
Young people don’t understand or use shared ownership scheme in the UK
Shared ownership is misunderstood and underused among young people wanting to buy their own home in the UK, a poll has found. Young people aged 18 to 24 are the least aware of shared ownership as a way of helping people unable to afford a home,... Read more
Change of use from retail to residential could boost High Streets in the UK
Turning ex-retail premises into residential property will give High Streets in the UK a new lease of life, boosting landlords, new research suggests. Some 72% of property professionals, including investors, owners, developers, consultants,... Read more
Survey suggests not enough is being done to boost development in London
In London the property development industry is unimpressed with policy from the Government with over 80% saying not enough is being done to boost activity, a new survey shows. According to the London Development Barometer (LDB), when it comes to... Read more
Asking prices set to be flat at a national level in the UK in 2019
Average asking prices in the UK are unlikely to rise in 2019 as economic and political uncertainty is set to rise and continue to affect the housing market, it is forecast. Overall the housing market is sound and the slowdown will not affect the... Read more
Prices continue to fall across London’s prime property markets
Property prices in London’s prime property market are continuing to fall but the number of new buyers registering in the market is rising, the latest monthly analysis report shows. Overall prices are down by 4% in the central London market year... Read more
House price growth in the UK at its lowest rate for six years
House prices in the UK fell by 1.4% in November and at an average of £224,578 are just 0.3% above where they were a year ago, the latest lender index shows. The data from the Halifax also shows that on a quarterly basis house prices fell by 1.1%... Read more
Buying can be more cost effective in London where supply is higher than demand
Although growth in the property market in London has slowed, prices remain high, but it is possible to get good value by making the right choices, according to a new analysis. Buyers should look for locations where there is more supply than... Read more
Over a third of British people are not happy with their home after moving in
More than a third of British people are not happy overall with their homes, with a quarter feeling negative as soon as they move in, new research has found. And it takes up to two years for home owners to believe that they are satisfied with... Read more
Slower sales and reduced property market activity unlikely to pick up until after Brexit
The property market in the UK has seen fewer sales and a reduction in activity in 2018, mainly due to Brexit uncertainty and tax changes affecting buyers, according to a new analysis. But the outlook is encouraging as there has been a noticeable... Read more