Posts by EAN Breaking News
Bank of England Money and Credit – July 2025
Key points: Net borrowing of mortgage debt by individuals decreased by £0.9 billion to £4.5 billion in July, compared to a £3.2 billion increase to £5.4 billion of net borrowing in June. Net mortgage approvals for house purchases increased by 800 in July, to 65,400. Approvals for remortgaging decreased by 2700 in July, to 38,900.…
Read MorePrime London buyers could see discounts of upto £500k
Prime London buyers could save half a million pounds in Reeves tax overhaul, with seller tax taking 15 years to equal current upfront costs. The latest research from Jefferies London shows that whilst the average London buyer stands to save £16,250 on Stamp Duty Land Tax (SDLT) should it be removed, those purchasing at the very…
Read MoreAnnual house price growth softens in August
Annual house price growth softened to 2.1% in August House prices were down 0.1% month on month Over half of properties in the owner occupier sector are classified as ‘underoccupied’ Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, said: “August saw a slight softening in the rate of annual house price growth to 2.1%,…
Read MoreLatest HMRC UK property transactions report
Headline statistics Headline statistics from the latest transactions data include: the provisional seasonally adjusted estimate of the number of UK residential transactions in July 2025 is 95,580, 4% higher than July 2024 and 1% higher than June 2025 the provisional non-seasonally adjusted estimate of the number of UK residential transactions in July 2025 is 101,070,…
Read MoreIndustry reacts as Landlords to be hit with N.I tax
The Government is considering a major change to the way landlords are taxed, with Chancellor Rachel Reeves weighing up plans to apply National Insurance (NI) contributions to rental income as part of her upcoming Autumn Budget. Currently, rental income is subject to income tax but not NI. However, by expanding NI to cover this additional…
Read MoreUK reports rising property market momentum
eXp UK reports rising property market momentum as sellers return and more sales are agreed The latest internal data from eXp UK has revealed that housing market momentum is continuing to build, with more homes coming to market and a greater number of sales being agreed. eXp UK analysis is based on the firm’s own…
Read MoreHomes priced too high take twice as long to sell warns Zoopla
House price growth stabilises over summer months House price growth has slowed over recent months, although this slowdown looks to have stabilised with average house prices 1.3 per cent higher than a year ago Sales agreed are up five per cent on last year, although speculation on possible tax changes may impact homes valued at…
Read MoreBristol crowned best area for downsizers
The latest research from over-50s property specialists, Regency Living, has revealed where in England downsizers have the greatest choice of suitable homes to move to and where they face the toughest search based on the availability of suitable stock in the current market. Regency Living analysed current property market listings, looking at the proportion of…
Read MoreKensington tops list of prime London oversupply, but gardens still drive buyer demand
The latest research from Jefferies London has found that Kensington is currently the most oversupplied area of the prime London property market, giving buyers the best chance of negotiating a deal, with more than 2,200 homes listed for sale, accounting for 20% of all prime central stock. Jefferies London analysed current market listings across each…
Read MoreStudent rental chaos looms as Govt axes fixed-term contracts, agents warn
More than one in three letting agents fear academic lettings cycle will collapse Landlords already pulling out of student market amid Renters’ Rights Bill concerns Alto calls for urgent rethink – as fears mount over voids, admin, and rising rents Letting agents are warning of an approaching crisis in the student rental market just weeks…
Read MoreFeeling BAMBOOzled by that pretty plant triggering neighbourhood disputes?
Bamboo is often pretty to look at in a garden and can be perceived as a nice addition to it. However, do not be deceived by its good looks, as it has the potential to not only cause damage to your home and potentially inflict thousands of pounds’ worth of damage to your property but…
Read MoreUK House Price Index summary: June 2025
The average monthly rate of house price growth in June was 1.4%. The average annual rate of house price growth in June was 3.7%, up from 2.7% in May. As a result, the average UK house price remains at £269,000. CEO of Yopa, Verona Frankish, commented: “June’s figures reflect a market that is steadily…
Read MorePrivate rent and house prices, UK: August 2025
Average UK monthly private rents increased by 5.9%, to £1,343, in the 12 months to July 2025 (provisional estimate); this annual growth rate is down from 6.7% in the 12 months to June 2025. Average rents increased to £1,398 (6.0%) in England, £807 (7.9%) in Wales, and £999 (3.6%) in Scotland, in the 12 months…
Read MoreIndustry response to latest inflation figures
Nathan Emerson, CEO of Propertymark, comments: “Unfortunately, any increase seen within the rate of inflation does brings very justified concerns to consumers, many of whom are still struggling with the cost of living, which has been steadily rising over the past few years. “Although there is more work to be done to help ensure inflation…
Read MoreLondon lettings market bolstered by record supply and resilient renter demand
· Supply conditions improved materially in July, with almost 50,000 new rental listings recorded, up 4% from June and 12% higher than July 2024. This represents the highest monthly volume in the last four years. · Renter demand strengthened notably in July, with a 25% uplift in new applicant registrations month-on-month. Compared with July 2024,…
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