Latest Property News
UK
Annual asking price growth in Britain hits lowest level since 2010
The average asking price of property coming to the market in Britain has increased by just 1% or £3,184 this month, the lowest monthly rate of increase at this time of year since 2010, the latest data shows. The data from property portal... Read more
Housing Secretary signals end to unfair leasehold practices in England
The majority of new build houses in the UK will be sold as freehold and new leases are to be capped at just £10 to put an end to unscrupulous leasehold practices, it has been announced. There will also be new measures to make it easier for... Read more
Research reveals the rise of the pension pot landlord in the UK
Nearly half of all buy to let landlords in the UK are using their property investment as a pension pot, a new analysis has found. The latest annual landlord survey from estate agency network Your Move, also shows that 23% of pension pot landlords... Read more
British people believe co-living and micro-homes are a solution to current housing crisis
Building more co-living developments and micro-homes in urban areas top the list of people’s preferred solutions to the UK’s housing crisis according to new research. The study from the Federation of Master Builders (FMB), also found that... Read more
Brexit pause to be followed by bounce in prime housing markets in the UK
Heightened uncertainty around Brexit negotiations will delay recovery in the prime central London housing market for a further year to 18 months, a new analysis suggests. But this will be followed by a bounce in 2021, according to international... Read more
Rents in the UK continue to rise but landlords are concerned about impact of Brexit
Average rents in the UK have grown steadily over the last month, but the potential impact of Brexit is causing concern among landlords, according to the latest index report. They are 1.7% higher than a year ago at an average of £943 but when... Read more
Sales slowing down in the UK’s housing market as challenges continue
Demand from new buyers nationally in the UK has weakened slightly for the second successive month, making the outlook for sales more pessimistic, according to the latest survey from surveyors. The housing market continues to face challenges from... Read more
Lender association calls for clarity over the future of flagship Help to Buy
Mortgage lenders in Britain are calling for clarity around the future of the popular Help to Buy scheme and warning that a sudden withdrawal would risk disruption in the housing market. According to the Intermediary Mortgage Lenders Association... Read more
Research reveals that UK lettings market is very active even although rents are flat
Rents in Britain have stayed broadly flat over the last year but overall the lettings market is highly active with viewings up 13.3% year on year and lease signings up 3.5%, new research shows. However, at the same time, supply has fallen by... Read more
Tenants in the UK’s private rented sector likely to have more political clout
A growing number of people renting their home are set to be more influential which means they could influence the outcome of future British elections, it is claimed. While 53% of private renters voted in 2017, a noticeable jump on previous... Read more