Posts by EAN Breaking News
Construction Sector Recovery Slows Pace, Yet Remains Steady
Construction starts grew 9% both in the three months to July and compared with last year. Residential work starting on-site was 10% up against the previous three months and grew 25% on a year ago. Although non-residential starts grew 7% on a quarterly basis, they slipped back 1% year-on-year. Civil engineering project starts fell 21%…
Read MoreSmall Landlords Quitting in Droves as Rental Reforms Loom
One in three letting agents report small landlord exodus – and blame the Renters’ Rights Bill 34% of agents report more small landlords quitting the market 93% fear losing independent landlords due to upcoming reforms 70% say at least some landlords have already sold up Britain’s backbone landlords are quitting in droves and the Government’s…
Read MoreHousing Insight Report – June 2025
The Housing Insight Report takes a monthly look at the trends affecting the UK housing market. Propertymark gathers the statistics by surveying estate and letting agents who are members of NAEA Propertymark and ARLA Propertymark. Here are the findings for June: While mortgage lending shows resilience, affordability remains the foremost barrier for buyers and renters…
Read MoreLandlord Ombudsman & Private Rented Sector (PRS) Portal – What Landlords Need to Know
By Allison Thompson, National Lettings Managing Director, Leaders The Renters’ Rights Bill continues its progress through Parliament and, once passed, will bring one of the biggest shake-ups the private rented sector has seen in years. Among its key reforms are the introduction of a national Private Rented Sector (PRS) Database and a new Landlord Ombudsman…
Read MoreRoom rental waiting times revealed
Brighton to Birmingham: How Long Are You Waiting for a Room in Your City? New market analysis from COHO, the HMO management platform, reveals that shared living tenants are having to secure rooms months in advance, with as few as 11% of live listings being available for immediate occupancy in some cities. How long are…
Read MoreHomebuyers struggle to beat heatwave
Homebuyers struggle to beat heatwave as air conditioned homes account for just 1.2% of all property listings As we continue to endure a scorcher of a summer, the latest research by leading London lettings and estate agent, Benham and Reeves, has shown that homebuyers with hopes of purchasing an air conditioned property face a tough…
Read MoreGlobal prime market hotspots revealed, with Monaco, Geneva and Singapore topping the table
The latest research by Jefferies London has revealed that Monaco, Geneva and Singapore are currently the most active markets when it comes to super prime homeseller activity, whilst London sits seventh in the list of 17 global hotspots analysed by the firm. Jefferies London analysed current market listings across 17 global prime property hotspots, looking…
Read MoreNationwide House Price Index – Thoughts from the Industry
The latest Nationwide House Price Index for July 2025 shows that: House prices increased by 0.6% between June and July of this year. On an annual basis, the average house price increased by 2.4% up from a 2.1% annual rate of growth in June. As a result, the average UK house price now sits at…
Read MoreNationwide House Index – July 2025
Annual house price growth edges higher in July Annual rate of house price growth increased modestly in July to 2.4%, from 2.1% in June House prices were up 0.6% month on month UK house price to earnings ratio at lowest level in over a decade at c.5.75 Headlines Jul-25 Jun-25 Monthly Index* 540.5 537.4 Monthly…
Read MoreLate payment reforms offer hope for SMEs
The Government has unveiled its Small Business Plan aimed to support SMEs and unlock growth. This plan outlines their intention to tackle late payments, an issue which costs the UK economy £11bn a year and forces 38 businesses to shut down every day. Richard Beresford, Chief Executive of the National Federation of Builders (NFB), said:…
Read MoreLate payment reform is welcome, says FMB
Measures announced as part of the Government’s ‘Small Business Plan’, to tackle late payments and tool theft, futureproof skills, and improve access to finance, are welcome steps to create a more level playing field for small building companies, say the Federation of Master Builders (FMB). Brian Berry, Chief Executive of the FMB commented: “Late payments…
Read MoreBuild to Rent sees global surge
Build to Rent Goes Global: New Data Reveals Surge in UK, US, Australia and New Zealand New global data from Inventory Base reveals that Build to Rent (BTR) is no longer a UK phenomenon. n, it’s a rapidly expanding housing model gaining serious traction across New Zealand, Australia, and the United States. Nowhere is this…
Read MoreNumber of estates paying IHT jumps 13%
HMRC has released its annual inheritance tax (IHT) stats for the 2022/23 tax year. Headlines include: Number of estates paying inheritance tax rose 13% to 31,500. The average IHT bill fell by 1.4% to £212,000. 0.03% (202) of estates paid 11% of all inheritance tax and 1% of estates paid around 65% of all inheritance…
Read MoreHMRC UK Property Transactions Report for June 2025
Headline statistics from the latest transactions data include: the provisional seasonally adjusted estimate of the number of UK residential transactions in June 2025 is 93,530, 1% higher than June 2024 and 13% higher than May 2025 the provisional non-seasonally adjusted estimate of the number of UK residential transactions in June 2025 is 95,080, 5% higher…
Read MoreFirst-time buyers get more market town for their money in the Midlands
Leek, West Midlands is the most affordable market town for first-time buyers, at an average £191,359 Immingham, Yorkshire and the Humber most affordable for all buyers, at £176,918 Overall, average house price in market towns now £363,456, up 5% in the last year and 24% in the last five years First-time buyers paying an average…
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