Posts by EAN Breaking News
SMEs need a ‘Medium sized site’ without area thresholds
The Government’s ‘Planning Reform Working Paper: Reforming Site Thresholds’ proposes a ‘Medium’ sized site threshold of 10 to 49 homes, a definition which has won considerable plaudits across the small and medium sized (SME) housebuilding industry. However, the definition also includes a maximum area measurement of 1 hectare area size, which SME housebuilders express as…
Read MoreWhy more buyers are turning their backs on London and looking North
The shift in the UK housing market continues, according to Rightmove’s latest House Price Index data. Despite national declines in average asking prices, cities in the North of England and parts of Wales are bucking the trend with continued growth. This shift suggests increasing investor interest outside London, as buyers seek more affordable and promising…
Read MoreWimbledon aces the competition where current market values are concerned
The latest property market analysis from London’s number one lettings and sales estate agency brand*, Foxtons and its award-winning mortgage advisor, Alexander Hall, has revealed that not only does Wimbledon continue to hold the title as the most expensive of the four global tennis majors in terms of average house prices, but it has also…
Read MoreThirdfort reports 48% increase in demand from estate agents as concerns mount about AI-generated ID fraud
Amid increasing concerns about AI-powered identity fraud, estate agents are seeking to implement more robust digital ID solutions. Client due diligence platform Thirdfort has reported a 48% year-on-year rise in the number of estate agents adopting its technology, as data indicates that AI-driven fraud is on the rise. According to Cifas’ Fraudscape 2025 report, AI-powered…
Read MoreLondon parking spot values revealed
London parking spot prices revealed as average cost hits £760,000 in one borough The latest research from Jefferies London has found that prime homebuyers in Islington paid an average of £760,000 for a parking space over the last 12 months, making it the most expensive London borough in which to secure a private parking spot.…
Read MoreALEP Welcomes the Next Stage of Leasehold Reform
But warns an increasingly complex legal environment impacts on both consumers and professionals In a further stage of leasehold reform, the government has announced a consultation (Strengthening leaseholder protections over charges and services) on service charge and buildings insurance transparency, litigation costs and regulation of managing agents. The consultation period runs until 26 September. The…
Read MoreThe Sun Continues to Shine on UK Construction
Glenigan’s July Index shows the industry continuing to bask in the glow of better performance Work starting on-site increased 49% during the three months to June, remaining 25% above 2024 levels Residential construction starts rocketed 76% compared to the preceding three months and rose 64% against 2024 figures Despite ending 3% down on a year…
Read MoreTenants with pets must pay extra damage deposit
The House of Lords has backed an amendment to the Renters’ Rights Bill to require tenants keeping pets to pay an extra deposit to cover any damage to a rented property. The Renter’s Rights Bill, which is currently going through the House of Lords, will allow tenants to request to have a pet, and landlords…
Read MoreDownsizing out of debt
The best way to become debt free in retirement The latest research from over-50s property specialists, Regency Living, reveals that over-50s can release themselves from financial debt, and all of the physical and mental health issues that can bring, by choosing to downsize to a park home. Financial debt is a common yet difficult burden…
Read MoreUK Property Market Bounces Back After Stamp Duty Slump
The latest research from GetAgent.co.uk reveals that the UK property market has already bounced back from the momentary slump that followed the expiry of the stamp duty holiday at the end of March, with transaction volumes climbing 42% in May, reversing a sharp -66% drop in April. The research from GetAgent.co.uk analysed Gov data on residential transaction…
Read MoreFall-Throughs Hit UK Market For Over £275m
Fall-Throughs Cost UK Homebuyers and Sellers Over £275m in Q1 as West One Loans Reports Growing Use of Bridging Finance to Prevent Collapse The latest analysis by West One Loans, a leading provider of property finance and specialist mortgages, has revealed that there has been a significant increase in bridging market activity driven by homebuyers and…
Read MoreIndustry Reaction to Halifax House Price Index – June 2025
Nathan Emerson, CEO of Propertymark, comments: “Today’s news suggests that house prices have dropped quarterly and that there has been no monthly increase in house prices, which demonstrates that the UK housing market has faced considerable upheaval in response to a turbulent global economy and Stamp Duty thresholds in England and Northern Ireland increasing from…
Read MoreHalifax House Price Index for June 2025
House prices hold steady as market activity picks up pace • House price growth flat in June at 0.0% vs dip of -0.3% in May • Average property price now £296,665 compared to £296,782 last month • Annual rate of growth edges down to +2.5% from +2.6 in May • First-time buyer numbers have returned…
Read MoreHalf of renters say homeownership impossible without financial support
Growth in mortgage and rental spending slows for fourth consecutive month while heatwave eases utility bills Consumer spending on rent and mortgages grew 4.3 per cent in June, slightly below the 4.6 per cent recorded in May Confidence in the UK housing market fell 3 points to 27 per cent as the Base Rate…
Read MoreHomeowners in England and Wales overvalue their properties by an average of 16%
Homeowners in England and Wales are overestimating the value of their property by an average of 16%, according to new figures. Data from Quick Move Now compares homeowner estimates with formal estate agent valuations and is broken down by both region and property type. Overall, homeowners overvalue in every single category. Regional breakdown Region…
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