Posts by EAN Breaking News
Annual house price growth steady in September
Annual rate of house price growth of 2.2% in September, similar to 2.1% seen in August Northern Ireland remained the top performing area with annual house price growth of 9.6% Outer South East weakest performing region, with 0.3% year-on-year rise Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, said: “The annual pace of…
Read MoreSeptember sees highest number of homes listed this year
September brings post-summer surge in home seller activity, with highest number of homes listed so far in 2025 The latest internal data from eXp UK has shown that September has delivered a notable surge in market activity, with the firm recording an average of 81 new properties listed every day over the course of the…
Read MoreLatest HMRC property transactions report
Headline statistics from the latest transactions data include: The provisional seasonally adjusted estimate of the number of UK residential transactions in August 2025 is 93,630, 2% higher than August 2024 and 2% lower than July 2025 The provisional non-seasonally adjusted estimate of the number of UK residential transactions in August 2025 is 103,610, 1% lower…
Read MoreProperty expert on whether interest rates should decline again in 2025
The average two-year mortgage rate is at a three-year low at 4.99%, the first time below 5% since the Liz Truss mini-budget, according to Moneyfacts. However, the question is, will interest rates go down? Mortgage Advisor, John Morris from Pure Property Finance discusses whether this may or may not be the case for the remainder…
Read MoreBank of England – Mortgage approvals down in August
The latest figures show that: – Mortgage approvals on house purchases for August sat at 64,680 down (-0.7%) from 65,161 in July. This brings three consecutive months of growth to a stop. Approvals are also down slightly (-0.5%) when compared to the 64,983 seen in August 2024. This reflects a quieter summer period, while there…
Read MoreHousing market faces headwinds as Budget tax speculation hits buyer demand for a third of homes for sale, priced over £500,000
Wider mainstream market activity less impacted by tax speculation House price growth has continued to slow, down from 1.9 per cent in December 2024 to 1.4 per cent in August Pre Budget tax speculation is impacting market activity – demand for properties over £500,000 had dropped by four per cent with a seven per…
Read MoreHalf of homebuyers barely know the area they move to
Nearly half of homebuyers move to neighbourhoods they barely know – So how do you find the right home if you aren’t familiar with the area? New research from The Property DriveBuy reveals that nearly half of homebuyers are unfamiliar with their new neighbourhoods before moving in, with more than one in five admitting they…
Read MoreBusting the mortgage myths that hold many buyers back
The latest research from Alexander Hall has found that the majority of aspiring homebuyers are being held back from applying for a mortgage due to common misconceptions about affordability, deposits and eligibility. The survey of aspirational homebuyers yet to enquire about a mortgage – commissioned by Alexander Hall – found that many could be in…
Read MoreBank of England’s holds interest rates at 4%
With the Bank of England’s decision to hold interest rates at 4%, here are some thoughts from the Industry. Matt Smith, Rightmove’s mortgage expert: “A Base Rate hold today had looked fairly nailed on, especially after yesterday’s news that inflation remains stuck at 3.8%. The later-than-usual Budget is very much on the horizon, and…
Read MoreEnergy Rules Without Power: Tenants and Landlords Both Question EPC Impact
New research from LRG reveals that both landlords and tenants are struggling to engage with the Energy Performance Certificate (EPC) system, raising serious questions about whether it can deliver on its intended goals ahead of the government’s 2030 targets. While landlords overwhelmingly support the principle of improving energy efficiency, confidence in the system designed to…
Read MoreNew Build Home Enquiries Double in Summer 2025
From June to August 2025, Compare My Move’s conveyancing data shows a 120% increase in new build home purchase enquiries compared to the same period in 2024. This surge reflects not only more people looking to buy homes overall but also a higher share of buyers choosing new builds. On average, 12% of purchase enquiries in…
Read MoreResidential Performance Dives, Dragging Entire Sector Down
Glenigan Review sees UK construction recovery put on pause as private housebuilding activity plummets Project starts decline by 22% during the Review period, 36% down compared to 2024 levels Main contract awards value slashed by 33% year-on-year, representing a 24% decrease relative to the prior three-month period Planning approvals nosedived 48% against the previous three…
Read MoreBiggest property put-offs revealed by homebuyers
Biggest property put-offs could see homebuyers offer £40k less or more – From flying flags to aggressive dog breeds The latest research from Springbok Properties has revealed the biggest property put-offs that could see buyers offer as much as £40,000 less, if not more, leaving many sellers struggling to achieve their asking price in the…
Read MoreWhy are HMO numbers falling?
The latest research from COHO, the HMO management platform, reveals that despite little change in tenant demand, house share availability has dropped by almost -60% in some parts of England, raising the question of whether we’re seeing an HMO landlord exodus. COHO’s analysis of house share listings data* shows that in England, the number of…
Read MoreOnly 27% of homes have been fixed in a £1.8bn Govt programme
Report shows only 27% of homes have been fixed in a £1.8bn Govt programme, as red tape and asbestos keep thousands in the cold Thousands of homes will face another winter of fuel poverty due to a raft of failures as scheme to fix them hits buffers Hundreds of millions of pounds of allocated grant…
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