Latest Property News
UK
New home building is up in Britain, boosting the construction industry overall
Construction output in Britain has increased by 1.5% in the three months to August 2018, led by growth of 15% in the North West, some 10 times the national average, official data shows. The value of construction work on new housing in the North... Read more
Private landlords to play part in new scheme to provide tenancies for the homeless
The UK Government has announced a new £20 million fund to help people without a home get into the private rented sector. The fund aims to get councils to put in place vital new schemes so support the homeless into their own tenancies and will... Read more
Residential rental yields in London are on the rise, new analysis suggests
Rental yields in London have increased compared to a year ago and could continue to rise, according to new research. Despite rents still being under some downwards pressure in some prime central locations, there are pockets throughout London... Read more
Annual price growth in Edinburgh’s prime market reaches above 10%
Annual prime property price growth in Edinburgh over the year to September reached 10.5% and the market is outperforming the rest of the UK, the latest index shows. In the third quarter of the year quarterly growth was 1.9% and over a three year... Read more
Research reveals confusion among tenants due to Government changes
Government changes affecting the private rented sector in the UK is confusing millions of tenants, it is suggested. Some 53% of the estimated 12 million tenants across the country don’t actually understand their rights or the new laws the... Read more
More semi-detached homes were registered for sale in August than terraced
Almost 100,000 sales if property and land were received for registration by the Land Registry in England and Wales in August, the latest official figures show. A total of 99,750 registrations took place, up from 95,721 in July and up from 85,493... Read more
More people in Britain are in favour of new homes in their own back yard
People in Britain have switched from being anti-housing to being in favour of more new homes being built in their area, a new study has found. The survey of 2,036 adults confirmed the shift detected by the British Social Attitudes Survey over the... Read more
Sales and prices fall in London’s prime property markets due to Brexit uncertainty
Sales volumes in the prime central London housing fell by 9% in the 12 months to August compared to the previous 12 months, the latest index data shows. After strengthening earlier this year, the dip in the market highlights how uncertainty... Read more
New research reveals how planning restrictions have created a crisis for first time buyers
The number of young people aged 25 to 34 in England able to buy a home in the area where they live has fallen substantially with first time buyers in London particularly badly hit by barriers to ownership, new research shows. In 1996, as long as... Read more
Mortgage tracker index indicates where buy to let landlords can make savings
Landlords in Britain on standard variable buy to let mortgage rates are paying typically £27 more per month for their loans than at the start of the year, according to new research. Switching to a fixed rate mortgage could save between £218 and... Read more