Posts by EAN Breaking News
More mortgage borrowers turning to shorter-term fixes
Borrowers are increasingly turning to shorter-term fixed-rate mortgages in response to higher rates, new analysis of mortgage search activity on Moneyfactscompare.co.uk has found. The share of Moneyfactscompare.co.uk website users comparing two-year fixed-rate mortgages increased from 48.4% in February to 55.6% in May, while demand for five-year fixed deals fell from 27.7% to 21.8% over the…
Read MoreFear of a chain-breaks biggest concern in current market
The latest insight from quick sale specialists, House Buyer Bureau, has found that the most common reason homeowners choose a quick sale is no longer financial hardship, ill health, or the death of a loved one, but the desire to keep their onward move on track in an increasingly uncertain housing market. The internal data from…
Read MoreProperty auctions generate complaints at four times the rate of the wider housing market
Property auctions account for just 2% of home sales but generate more than four times their share of complaints, according to a new insight report by the Property Ombudsman. The report highlights that while auctions remain a relatively small part of the wider residential property market, they are generating a disproportionately high level of consumer…
Read MoreUK rents see upward trend in early 2026
Lomond’s report finds UK average rents rise to £1,384pcm in the first three months of 2026, compared to 2025. Average rent in London reaches £2,339pcm, 69% higher than the UK average. Kent records the network’s highest rental uptick of +9%, in early 2026. Tenant demand strengthens with a +28% increase in viewings activity in 2026. Lomond observed the average rent across its network of lettings…
Read MoreLandlord repossessions rose 6% ahead of Renters’ Rights Act
Landlord possession claims rose by almost 6% in the first quarter of 2026 as property owners moved to regain control of homes before the Renters’ Rights Act came into force on 1 May, according to analysis by LegalforLandlords. LegalforLandlords analysed the latest repossession data* and found that during Q1 2026, a total of 22,733 possession…
Read MoreSix issues that make your property unmortgageable
The latest market insight from House Buyer Bureau has revealed six common issues that could see a homeowner’s property deemed unmortgageable by lenders, drastically reducing the pool of potential buyers and making it far harder to sell on the open market. House Buyer Bureau analysed some of the most common reasons properties fail lender criteria, alongside the…
Read MoreHomebuyers could make over £26,000 before completion
Buying off-plan: London homebuyers could make over £26,000 before completion The latest research from Foxtons has found that buying a home off-plan can deliver a significant financial uplift, with London buyers potentially making more than £26,000 in added value before they’ve even picked up the keys to their new home. Foxtons analysed average monthly new-build…
Read MoreLondon rents up just 0.7% since RRA became law
The latest research from London lettings and estate agent, Benham and Reeves, has revealed that rental growth across London has remained consistent since the Renters’ Rights Act received Royal Assent, with rents increasing by just 0.7% since, the same rate of growth seen during the equivalent period prior to October of last year. In fact,…
Read MoreNationwide House Price Index for May 2026 – Thoughts from the Industry
The latest Nationwide House Price Index for May 2026 shows that: House prices fell by -0.6% between April 2026 and May 2026. This marks the first monthly decline recorded so far this year. Annual house price growth slowed to 1.7% in May 2026, down from 3.0% in April 2026. The average UK house price now…
Read MoreAnnual house price growth slows in May
UK annual house price growth slowed to 1.7% in May, from 3.0% in April House prices were down 0.6% month on month Headlines May-26 Apr-26 Monthly Index* 551.0 554.3 Monthly Change* -0.6% 0.4% Annual Change 1.7% 3.0% Average Price (not seasonally adjusted) £278,024 £278,880 * Seasonally adjusted figure (note that monthly % changes are…
Read MoreZoopla House Price Index Reaction
The latest index from Zoopla shows that: – First-time buyers are targeting homes worth £10,000 more than a year ago, with average prices up 4.3% to £254,750 – nearly 3x the rate of UK house price growth There are 6% fewer first time buyers in the market than this time last year, but those that…
Read MoreFirst-time buyers target homes worth £10,000 more
Housing market activity is holding up in the face of uncertainty, though with fewer buyers than a year ago the outlook remains finely balanced. First-time buyers are targeting homes worth £10,000 more than a year ago, with average prices up 4.3% to £254,750 — nearly 3x the rate of UK house price growth There…
Read MoreProperty values climb in Q1
The latest Property Market Index Review by London lettings and estate agent, Benham and Reeves, has revealed that the property market lost momentum during the first quarter of 2026, with house prices showing signs of recovery following the previous quarter’s fall. The Benham and Reeves Market Index Review The Benham and Reeves Property Market Index…
Read MorePropertymark backs move to commonhold
Propertymark has welcomed proposals from the Ministry of Housing, Communities and Local Government to phase out the sale of new leasehold flats in England and Wales, while warning that the transition to commonhold must be carefully managed to avoid market disruption and consumer confusion. Responding to the UK Government’s consultation on “Moving to commonhold: banning…
Read MoreInheritance tax haul grows as more families are dragged into the tax net
Inheritance tax receipts got off to a slightly slower start in the first month of the 2026/27 tax year, but the figures still underline how rapidly the tax burden on estates continues to grow. HM Revenue & Customs (HMRC) collected £0.7 billion in inheritance tax in April, £65 million less than during the same month…
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