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Political stability and rate cuts to boost autumn property market as house prices dip

Political stability and rate cuts to boost autumn property market as house prices dip

Average new seller asking prices drop by 0.4% (£1,617) this month to £373,493, marking a larger-than-usual decrease for July. Sellers aim to attract buyers amid...

15/07/2024
New Report Reveals Shifts in Private Renting Trends

New Report Reveals Shifts in Private Renting Trends

The Mortgage Works’ latest Private Rented Report has unveiled significant changes within the sector, highlighting an 80% increase in renters aged between 55 and 64...

15/07/2024
Landlord appointed to new Labour housing team

Landlord appointed to new Labour housing team

In a move aimed at reforming the private rented sector (PRS) and addressing housing needs, the newly established Ministry of Housing, Communities & Local Government...

12/07/2024
Housing Sector Leaders Call for Regulation of Residential Property Agents

Housing Sector Leaders Call for Regulation of Residential Property Agents

In a joint open letter to the new Housing Minister, key figures from the residential housing sector are urging the government to legislate the regulation...

12/07/2024
Record investment in UK build to rent sector in first half of 2024

Record investment in UK build to rent sector in first half of 2024

The UK’s build to rent (BTR) sector saw record investment levels in the first half of 2024, with over £2.6 billion invested, according to Knight...

11/07/2024
Housing market optimism rises following election

Housing market optimism rises following election

The latest survey from the Royal Institution of Chartered Surveyors (RICS) indicates a renewed sense of optimism in the UK housing market following the recent...

11/07/2024
Property investors optimistic about potential rate cuts

Property investors optimistic about potential rate cuts

Property investors are showing cautious optimism, focusing on the prospect of base rate cuts rather than political changes in the UK or global geopolitical uncertainties,...

10/07/2024
Northern property investment hotspots lead the way

Northern property investment hotspots lead the way

New figures from the fast-growing UK property portal OnTheMarket highlight the top investment hotspots for the second quarter of the year, revealing a continued north/south...

10/07/2024
Renewed prime london property market sees resurgence in buyer demand

Renewed prime london property market sees resurgence in buyer demand

The latest Prime London Demand Index by Benham and Reeves shows an uptick in demand for high-end properties in Q2, reversing the downward trend observed...

10/07/2024
Labour reverts housing department name change

Labour reverts housing department name change

Labour’s deputy leader Angela Rayner has announced that the Department of Levelling Up, Housing and Communities will drop ‘levelling up’ from its title, reverting to...

09/07/2024
Landlord earnings fall sharply as rental market struggles

Landlord earnings fall sharply as rental market struggles

Landlords with an average buy-to-let mortgage are seeing their annual earnings drop by over £4,000 per property compared to 2020, primarily due to rising interest...

09/07/2024
Labour plans major housing reforms with no-fault evictions ban

Labour plans major housing reforms with no-fault evictions ban

Chancellor Rachel Reeves has announced Labour’s comprehensive housing reform plans, which include banning Section 21 evictions, easing rules on green belt development, and setting new...

08/07/2024
Labour’s election win presents key opportunity for housing reform

Labour’s election win presents key opportunity for housing reform

Keir Starmer, the newly elected Prime Minister, is positioned to address Britain’s housing crisis, leveraging Labour’s substantial parliamentary majority to implement significant reforms. Jonathan Rolande,...

05/07/2024
Halifax Report: Labour’s Housing Plans Unlikely to Impact Immediate Market Trends

Halifax Report: Labour’s Housing Plans Unlikely to Impact Immediate Market Trends

The latest Halifax House Price Index reveals that house prices fell by 0.2% in June, with an annual increase of 1.6% and a slight rise...

05/07/2024
Election Impact Minimal on Landlord Decisions, Reveals Foxtons Survey

Election Impact Minimal on Landlord Decisions, Reveals Foxtons Survey

A recent survey by Foxtons has shown that the general election will have little effect on landlords’ decisions to grow or sell their property portfolios....

04/07/2024
Paragon Bank slashes buy-to-let rates and unveils new fixed-rate deals

Paragon Bank slashes buy-to-let rates and unveils new fixed-rate deals

Paragon Bank has taken a significant step to attract UK landlords by cutting rates on its core buy-to-let mortgage range and introducing six new five-year...

04/07/2024
Letting agents and landlords tackle low tenant demand in select postcodes

Letting agents and landlords tackle low tenant demand in select postcodes

New research from Zero Deposit, a tenancy deposit alternative provider, reveals that rental market turnover is as low as 10% in some UK postcodes, highlighting...

03/07/2024
Call for tax reform to boost rental housing supply

Call for tax reform to boost rental housing supply

Propertymark is urging the next government to reconsider the tax rules for landlords to incentivise new investment in the buy-to-let sector, as the number of...

03/07/2024
Record-high rents persist despite slowing growth

Record-high rents persist despite slowing growth

The average rent in the UK reached a record high of £1,299 per month in June 2024, up from £1,229 in June 2023, according to...

02/07/2024
Housing market sees 23% rise in property listings ahead of election

Housing market sees 23% rise in property listings ahead of election

New data from Home Sale Pack reveals a significant 22.9% increase in the number of new homes listed for sale across Britain, as sellers aim...

27/06/2024
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