Archive

Residential property sales were up by 7% in July compared to the same month year, with 90,630 transactions, official figures show. But...

A regional independent lettings agency has launched a new profit share scheme for its staff - but it’s keeping quiet on...

Propertymasrk has thrown its weight behind Lloyds Banking Group making £2 billion of lending available to first time buyers borrowing more...

New Freedom of Information (FOI) data from the Financial Conduct Authority shows that Labour’s plan to introduce a ‘Freedom to Buy’...

Consumer organisation Which? claims there are some 1,000 reports of rental fraud scams a month at this time of year. It says...

A regional agent says the fear of further taxes on the private rental sector may lead to a spurt of landlords...

New figures showing no slowdown in the rate of private rental inflation is just additional “misery” for tenants, a leading financial...

One in 10 UK tenants are now spending at least 60% of their take home salary on their rent, according to...

Average rent arrears claims reached £2,092 in the second quarter of this year - a rise of 15% from £1,816 in...

A warning has been issued that lettings agencies could lose millions of pounds if landlords quit over new EPC targets. Reapit analysed...

The rise in consumer inflation from 2.0% to 2.2% is “an unfortunate but accepted part” of achieving a stable housing market. So...

Aldermore has cut rates across its buy to let and residential owner occupier mortgages - the latest in a series of...

The new Labour government has a “golden opportunity its” to resolve the rental crisis, but must give clarity to the industry...

Kate Davies, executive director of the Intermediary Mortgage Lenders Association (IMLA), says rent controls are not the magic answer to problems...

The Law Society claims over 29,000 eviction claims in recent months leave “tens of thousands at risk of losing their homes.” The...

Landlords generated average rental yields of 6.3% in the second quarter of the year, research for Paragon’s latest PRS Trends Report...

The number of buy to let property purchases in the UK fell 14% from 224,700 in 2022/23 to 193,700 in the...

The chief executive of Purplebricks says he’s backing Labour’s house building plans because of the state of the private rental sector.  Sam...

A report from Propertymark has laid out the stark and in some cases unforeseen consequence of the Conservative government’s phased removal...

A new analysis by Zoopla suggests and one in eight homes currently for sale were previously let out. The portal says this...

The Bank of England has cut base rate from 5.25% to 5.0% - its first cut in four years. It was a...

The chance of the Bank of England deciding to cut base rate today and thus trigger further interest rate cuts, is...

Rightmove has thrown its weight behind the new Labour government’s bid to help first time buyers - and it wants it...

A trading statement by Rightmove reveals that it’s  spent £3m on just an 8% share of a PropTech system that describes...

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...