Posts by EAN Breaking News
UK House Price Index for July 2025
The latest index shows that: – The average monthly rate of house price growth in July was +0.3%. The average annual rate of house price growth in July was +2.8%, down slightly from +3.6% in June. As a result, the average UK house price sits at £269,735. Director of Benham and Reeves, Marc von…
Read MoreONS House Price Index – Thoughts from the Industry
Thoughts from the Industry about the latest ONS House Price Index. Nathan Emerson, CEO of Propertymark: “It is positive to see the housing market progressing forward in strength. As we move towards the autumn months, hopefully this momentum will continue. “There continues to be two factors that may weigh heavily on consumers’ minds as they…
Read MoreLondon lettings market supply remains strong amid seasonal softening in demand
Foxtons Lettings Market Index – August 2025 Rental demand fell by 11% in August compared with July 2025, reflecting the typical seasonal slowdown as summer draws to a close. Supply remains strong, with August 2025 listings exceeding August 2024 levels. Nearly 40,000 new listings were recorded in August alone as landlords continue to bring quality…
Read MorePrime London second property purchases fall by over 50%
The latest research from Jefferies London shows that second home purchases have fallen by 42% across the capital over the last 12 months, with this decline even more pronounced across the prime market at 51%. Jefferies London analysed sold price records from the Land Registry, looking at transactions to have completed over the last year…
Read MoreLatest developments in Renters’ Rights Bill: What landlords need to know
On the brink of becoming law, the Government last week rejected the majority of amendments put forward by the House of Lords, which would have mitigated the severity of some of the amendments. Property professionals, landlords and tenants are poised to navigate this once-in-a-generation overhaul of housing legislation. Lucy Jones, Chief Operating Officer at…
Read MoreWhat Will Commonhold Mean for Property Managers?
By Robert Poole, Director – Block Management, Glide Property Management, part of LRG The government’s ambition to end leasehold for most residential properties has put commonhold back into the spotlight. First introduced in 2002, commonhold offered a resident-led alternative to traditional leasehold ownership. However, legal and commercial complexity stalled adoption. Two decades later, policymakers are…
Read MoreThink You Know Mortgages? These 5 Myths Could Be Costing You Money
When it comes to mortgages, most of us have had advice from family and friends. The trouble is, a lot of these so-called facts are myths, with many individuals missing out on better deals or opportunities, due to not doing their own due diligence. Emma Graham, Business Development Director at Hodge Bank, explained: “Mortgages are…
Read MoreJust 17% of homes selling for more than £500k
The latest analysis by eXp UK has revealed that while just 17.4% of homes sold across England and Wales so far this year achieved a price of £500,000 or more, agents in London, the South East, and the East of England will face the greatest need to adapt should the Government press ahead with plans…
Read MoreEstate agents back Rachel Reeves’ stamp duty shake-up but call for abolition without replacement tax
The latest research from GetAgent has revealed that the majority of estate agents in England are supportive of Chancellor Rachel Reeves’ plans to overhaul property taxation by scrapping Stamp Duty Land Tax (SDLT). However, 44% argue that the new levy should be focused only on higher-value homes, while 79% favour abolishing SDLT outright without introducing…
Read MoreFirst-Time Buyers Prioritising ‘Forever Homes’
A third of first-time buyer purchases are semi-detached properties, as young people turn to ‘forever homes’ Barclays mortgage data shows semi-detached properties rose in popularity in August, accounting for 33.5 per cent of first-time buyer purchases Four in 10 Barclays first-time buyer customers chose mortgages allowing them to complete their repayments over a 30+…
Read MoreRed tape and rising costs stifling new-build availability across the capital
The latest analysis from London estate agent, Benham and Reeves, has revealed how protracted building timelines are preventing the capital’s housebuilders from delivering the level of new-build housing stock required to meet demand, with new homes currently accounting for just 7.5% of all properties listed for sale across London. Benham and Reeves analysed the latest…
Read MoreRental market cools as Zoopla records slowest annual rent increase in four years
Average rents are 2.4 per cent higher than a year ago, the lowest annual rate in four years and less than half of that recorded 12 months ago Average rents have increased by almost £80 per week over the last five years, adding up to an extra £4,100 a year for renters, resulting in affordability…
Read MoreRent and run? Agents warn of new ‘Stopover Tenant’ epidemic
Nearly 1 in 3 letting agents report tenants walking away from 6–12 month tenancies – some after just a few months Experts warn rental reforms are fueling relocation-style, short-term renting Almost half of agents now advising landlords on how to manage early exits A new trend is sweeping the rental market and it’s leaving landlords…
Read MoreWhere can you still buy a home for under £150k?
Zoopla reveals Great Britain’s property bargain hotspots Just 12 per cent of all homes for sale across Great Britain are priced under £150,000 making location key for home buyers looking for a bargain In the North East, a remarkable 41 per cent of all homes for sale fall within this price range, followed by Scotland…
Read MoreLandlord repossessions soar as Renters’ Rights Bill looms
Landlord repossessions soar as Renters’ Rights Bill looms, with some areas seeing increase of over 2,500% The latest analysis from Dwelly, one of the UK’s leading lettings acquisition and success planning experts, shows that landlord repossessions have increased by 6.8% across England and Wales. However, in some areas of the country they have soared by…
Read More