Posts by EAN Breaking News
Thoughts from the Property Industry – National Housing Bank
Thoughts from the Property Industry on the creation of a new National Housing Bank to provide finance to developers of many sizes, to build homes. Nathan Emerson, CEO of Propertymark: “On the face of things, the news of the introduction of the National Housing Bank is much welcome and will inject a desperately needed boost…
Read MorePlanning document will make it easier to ‘green’ new developments
Formal approval has been granted for a planning document to make new developments in Nottingham more environmentally-friendly. Senior councillors on the city council’s Executive Board gave the green light to the Reduction of Carbon in New Development Supplementary Planning Document (Carbon SPD) yesterday afternoon (Tuesday 17 June). SPDs add further detail to policies in Nottingham’s…
Read More1.8 Million Rental Homes Still Below The Energy Rating 2028 Target, LandlordBuyer Finds
New analysis by property acquisition specialists LandlordBuyer reveals that over 1.8 million privately rented homes in England still fall short of the government’s proposed minimum energy efficiency standard of EPC rating C, with just three years to go before the 2028 compliance deadline. Using the latest data from the MHCLG and EPC Register, LandlordBuyer found that as…
Read MoreONS House Price Index – April 2025
The average monthly rate of house price growth in April fell to -2.7%. The average annual rate of house price growth in April was up 3.5% As a result, the average UK house price remains at £265,000. Responding to Sales Nathan Emerson, CEO of Propertymark: “The first half of 2025 has proven very different from…
Read MoreProperty Industry response to latest inflation figures
Matt Smith, Rightmove’s mortgage expert: “As the rate of inflation stays above 3%, the expectation is that the Bank of England is set to act cautiously. Anticipation had risen that we may be in line for multiple Base Rate cuts this year at the peak of tariff uncertainty, but as some of these pressures have…
Read MoreFairer for Who? LRG warns Renters’ Rights Bill
Leads to the Exclusion of Tenants Who Rely On Paying Rent in Advance The Renters’ Rights Bill aims to make renting fairer. But new research from LRG (Leaders Romans Group) suggests one unintended consequence could be to block access to good-quality housing for people who don’t fit the standard referencing mode, including overseas applicants, the…
Read MoreFoxtons Lettings Market Index – May 2025
London lettings market gains momentum in May amid rising demand and supply, Foxtons data shows Applicant registrations surged by 35% month-on-month in May, marking a strong seasonal uplift following April’s unexpected dip Supply continued to strengthen, with market listings up 9% month-on-month in May, consistent with gains in March and April. Average rent in May…
Read MoreModern rental properties command premium of 18%
New data analysis by FCC Paragon reveals that renters who want to enjoy the many benefits of living in a modern property are facing a rent price premium of up to 18%. Modern homes come with a number of benefits, including increased energy efficiency for lower household bills, less chance of experiencing frustrating maintenance issues,…
Read MorePrime London property values slide by as much as 60%
The latest market analysis by prime London property brokerage, Jefferies London, has revealed that sold prices across some of prime London’s most popular neighbourhoods have fallen by as much as 60% so far this year when compared to the same period in 2024. Jefferies London analysed sold price records from the Land Registry, looking at…
Read MoreCan’t afford London? These cities are giving investors more for less
New data has revealed that between four and ten of all buy-to-let purchases made in the first four months of 2025 took place in the Midlands and the North of England. With affordability scarcer than ever in the South, property investors are turning their attention to greener pastures… literally. So, what’s driving the shift up…
Read More£19m per month for the nation’s most prestigious property
The latest research by award winning mortgage adviser, Alexander Hall, has revealed that whilst a property close to Royal Ascot will see the average homebuyer pay £4,263 a month in mortgage costs, this monthly payment climbs as high as £19m a month for those with ambitions of snagging a real royal property. This week, Royal…
Read MoreGlenigan Summer Forecast: Boom Times Ahead For UK Construction
Construction intelligence specialists predict major performance uptick over the next three years. UK construction sector set to grow 24% over the forecast period Private housebuilding is set to increase significantly, with an 18% activity increase predicted in 2027 Industrial & Commercial gradually strengthens as UK economic growth gathers pace, supported by increased business investment Increased…
Read MoreFive businesses expelled by The Property Ombudsman
Three estate agents and two letting agents have been expelled from The Property Ombudsman for failing to pay compensation awards to consumers. Prime Property Agents on Clarendon Street, Nottingham, failed to refund a buyer’s £7,200 reservation fee after a purchase fell through. The agent did not follow their own terms and conditions, failing to present…
Read MoreThe impact of Trump on the UK property market
By Kevin Shaw, National Sales Managing Director, Leaders (an LRG company) The property market tends to thrive when the economy is strong and stable. Historically, economic uncertainty has negatively impacted house buying and selling, as people tend not to make big life changes and new investments when job security, the cost of living and political…
Read MoreTwo-year mortgage deals the lowest they’ve been since 2022 – but will they remain?
New research from Moneyfacts has shown that two-year mortgage deals are at the lowest they’ve been in two years and have also fallen to their biggest margin in over six months. The current average mortgage according to research is at 5.18%, having fallen by 0.14% in the past month. Meanwhile, five–year rates currently stand on…
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