Nationwide HPI – Annual house price growth steady in March
Annual rate of house price growth remained stable in March at 3.9%, unchanged from February Northern Ireland remained the top performing area, with annual price growth accelerating to 13.5% London weakest performing region, with 1.9% year-on-year rise Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, said: “UK house price growth remained stable in March…
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Tenants and landlords must be aware of new electrical safety standards in Northern Ireland
Propertymark has urged tenants and landlords in Northern Ireland to be aware of new electrical safety standards that begin on 1 April 2025. On 19 November 2024, the new regulations were approved by the Northern Ireland Assembly in response to a public consultation throughout September 2023. From 1 April 2025, the regulations introduce the responsibility for…
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End to rent adjudication measures in Scotland
Letting agents across Scotland will welcome the news that the temporary rent adjudication measures end on 31 March 2025. The Cost of Living (Tenant Protection) (Scotland) Act 2022, which temporarily protected tenants by controlling rent, limiting evictions, and setting up rent review measures, ended on 31 March 2024. However, some of these measures were extended…
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Propertymark comments on Stamp Duty threshold changes
Commenting on the Stamp Duty threshold changes commencing from tomorrow, 1 April, Toby Leek, President of NAEA Propertymark, the leading professional body for estate agents, said: “There will be many people completing on the sale of their home today to save potentially thousands of pounds from tomorrow onwards. “Some will also be disappointed that they…
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Rightmove comment on mortgage market and mortgage rates update
Matt Smith, Rightmove’s mortgage expert says: “As stamp duty deadline day arrives, average mortgage rates have remained steady since last week’s Spring Budget and unexpected drop in inflation rate. The lowest available mortgage rate is still a 2-year fixed deal at 3.86%, for those with the largest deposits, as the short-term outlook for rates remains…
Rightmove
Surging rents for students – one of many ‘unintended consequences’ of the Renters’ Rights Bill
In London, there are brand new high-end developments at Kings Cross that are used by many students. But a London-based landlord tells Propertymark that though many of their student renters have never defaulted, they do have concerns about the unintended consequences that the Renters’ Rights Bill could have on the student lettings market. “It is…
EAN Breaking News
Expert reveals the exact date parents must start renovating in time for summer
Loft and attic renovations are gaining popularity this spring, with nearly 11,000 monthly Google searches, highlighting them as one of the top home renovation projects Brits are planning in the coming weeks. Loft conversion specialist Sally McClean, loft conversion specialist from Enfields loft conversions Rooftop Rooms, shares the exact dates homeowners should start their renovations…
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The Property Boom: Experts explore the 46% surge in UK property businesses
A sharp rise in property business registrations in the UK suggests a fundamental shift in how investors and landlords are structuring their property holdings. An analysis of Companies House data by private and commercial bank Arbuthnot Latham reveals 46% year-on-year increase in new property businesses in 2024, marking the highest growth in five years. Key…
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5 Reasons Why You Need Conveyancing When Purchasing a Home
Conveyancing is the legal process of the transfer of home ownership from one party to another, and can involve extensive amounts of paperwork, and legal discussions. It is, however, vital for the sale and completion of your property purchase, and without it, people can fall into property pitfalls easily. Conveyancing provides a legal backing to…
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5 Tips to Overcome the Challenges That May Arise During Probate
The probate process often brings unexpected challenges that test patience and preparedness. Legal complexities, financial burdens, and disputes among heirs may arise, leading to stress and delays. These hurdles create unnecessary frustration for loved ones. Many individuals seek ways to protect their estates from probate expenses, ensuring their assets reach their intended beneficiaries without excessive…
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Top 10 UK Companies for Real Estate Apprenticeships in 2025 & How to Apply
Looking for the best Real Estate Apprenticeships in the UK for 2025? This article explores the top 10 agencies offering career growth and industry-recognised qualifications. Discover these best companies and find out how to apply to kickstart your real estate career. What if you could learn real estate by doing, not just studying? Picture yourself…
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Rent Guarantee vs. Tenant Vetting: Which Offers Better Protection?
All landlords like to maximise their rent revenue and protect their property from the vagaries of tenant whims, market downturns and other factors. There are two primary approaches to this: through careful tenant vetting to avoid getting lumbered with problem tenants, and by using a rent guarantee scheme to ensure payment. Both have their benefits…
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