Posts by EAN Breaking News
Property 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…
Read MoreHorse Guards Parade property prices up 17% since last Trooping the Colour
The latest property market analysis from London’s number one lettings and sales estate agency brand*, Foxtons, has found that it’s not just military prowess on show during Trooping the Colour this weekend, as house prices within the SW1A postcode, home to Horse Guards Parade, have soared by 17.3% over the last year, demonstrating the pedigree…
Read MoreWhat landlords need to know about the upcoming Renters Rights Bill
The government’s long-awaited Renters Rights Bill is one of the most significant overhauls of the private rental sector in decades. While it has not yet received royal assent, the legislation is expected to come into effect late this year, or early in 2026. With the bill moving closer to becoming law, Steven Bond, managing director…
Read MoreHomeward Bound
Homeward bound: 74 per cent house price growth over twenty years and affordability barriers price Brits out of their childhood hometowns House prices across the UK have increased by an average of 74 per cent, over the last 20 years, from £113,900 to £268,200 52 per cent of Brits have said they would consider a…
Read MoreGrowth in mortgage and rental spending slows for third consecutive month in May
Consumer spending on rent and mortgages grew 4.6 per cent year-on-year in May, slower than the 5.2 per cent recorded in April Spending on utilities rose 4.4 per cent, likely as a result of April’s energy price cap changes Seven in 10 of those remortgaging in 2025 anticipate higher costs, estimating repayments will rise by…
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