Posts by EAN Breaking News
Foxtons sees increase in new homes selling
The latest market insight from London’s number one lettings and sales estate agent brand*, Foxtons, has shown that their new homes team has bucked the new homes industry trend for negative growth and once again grown sales volumes. The latest internal data release* shows their New Homes and Investments team during H1 of this year,…
Read More1 in 5 private rented homes could be illegal
More than one in five private rented homes in England currently fail to meet the Decent Homes Standard (DHS). Analysis from Inventory Base suggests that these properties would be illegal to rent should the proposed extension of the DHS within the Renter’s Rights Bill (RRB) pass into law. The DHS is a government-issued minimum standard…
Read MoreProperty Industry Response to Latest Bank of England Rate Cut
Following a hold in June, the rate has today been cut to 4.0%. This comes despite inflation (CPI) sitting at 3.6% in June 2025, higher than the Bank of England target rate of 2.0%. The decision to reduce the base rate by the Monetary Policy Committee was the result of five members voting for a…
Read MoreUK property at its strongest since 2022
The latest research from GetAgent.co.uk has found that the UK property market is currently performing at its strongest since 2022, with both mortgage approvals and transactions at their highest average monthly levels in three years. GetAgent analysed HMRC and Bank of England data on residential property transactions and mortgage approvals, looking at the year-to-date figures…
Read MoreThe Bank of England’s Interest Rate Cut is Welcome News for the Property Market
By Kevin Shaw, National Sales Managing Director, LRG Encouraging signs for the property sector The Bank of England’s decision to cut the base rate by 0.25% is a welcome and timely move for both the property sector and the economy more generally. With the rate now back to where it was in March 2023 and…
Read MoreHomebuyers set to be £41,000 better off
Average homebuyer set to be £41,000 better off thanks to relaxed lending rules The latest research from award-winning mortgage adviser, Alexander Hall, has revealed that the average homebuyer in England is set to be over £41,000 better off thanks to recent government reforms and lender policy changes, which are beginning to ease long-standing affordability barriers. Alexander Hall…
Read MoreHMRC issues 12-month warning on MTD for landlords
In exactly 12 months, landlords earning over £50,000 must submit their first quarterly tax updates as part of the new MTD process. A recent survey by Accountex found that 4 in 5 accountants see MTD as the biggest challenge of the next year. 1 in 3 accountants also said they feel unprepared for the deadline,…
Read MoreProperty Industry Response to Halifax House Price Index
Commenting on the latest Halifax house price data, which shows a 0.4% increase. Here are some thoughts from the Industry Nathan Emerson, CEO of Propertymark “This is a glimmer of good news for consumers considering it has been reported that there are economic headwinds ahead of us soon, and this news proves that house prices…
Read MoreHalifax House Price Index July 2025
House prices in July 2025 were +2.4% higher than the same month a year earlier. • House prices increased by +0.4% in July, the highest since the start of the year • Average property price now £298,237 compared to £297,157 last month • Annual rate of growth +2.4% (vs +2.7 in June) • Northern…
Read MoreFive-year slump in construction activity is a wakeup call
The steepest fall in construction activity since May 2020 is a serious a wakeup call that government announcements on construction have yet to be delivered, says the Federation of Master Builders (FMB) in response to July’s S&P Global UK Construction PMI data Brian Berry, Chief Executive of the FMB commented: “The sharp downturn in construction…
Read More1 in 5 Brits Surveyed Have No Savings
Renters Saving For Deposit Falls to 6 Month Low Barclays Property Insights has revealed that renters are losing confidence about being able to buy a home, with the number of renters actively saving for a deposit falling to 17% from 31% at the start of the year. takepayments – the leading digital payment solutions provider…
Read MoreProperty market summer slowdown debunked
The latest data analysis from Yopa has revealed that the commonly held belief that the property market slows down during the summer months is nothing but a myth, with the market actually seeing some of the highest levels of activity throughout the summer season over the last four years. Yopa analysed* historic market data for…
Read MoreNumber of renters saving for a deposit hits six month low
Rent and mortgage spending sees highest growth since February, with renters disproportionately impacted More than half of UK adults believe renting a property is more expensive than paying a mortgage 17 per cent of renters report saving for a deposit in July, compared to 31 per cent in January Consumer spending on rent and mortgages…
Read More80% of first-time buyers moved back in with parents to get on the ladder
96 percent of first-time buyers received financial help for their deposit – with 68% receiving help from family, and 57% from friends, survey finds Three quarters (75%) scaled back on their property to buy in a preferred location TSB customer data: Average age of first-time buyers up to 32 years from 31 The length of…
Read MoreCottagecore dreams on a budget: Zoopla reveals where to find your idyllic and affordable country retreat
New analysis from Zoopla reveals North Lanarkshire, Scotland, is the most affordable place to buy a cottage in Great Britain, with an average asking price of £83,500 Sunderland in the North East follows closely behind, with an average cottage price of £115,000 The South East commands the highest prices, with the most expensive cottages found…
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