Breaking News
Industry Response to the Resignation of Angela Rayner
Lawrence Turner, Director of Boyer said: “Angela Rayner’s planning reforms rightly acknowledged the scale of the Housing Crisis and the urgent need for bold, decisive action. Her resignation must not become an excuse for delay. The new Secretary of State now bears the responsibility to continue to unlock delivery and work to win the support…
EAN Breaking News
Halifax figures show third consecutive month of growth – Thoughts from the Industry
The latest Halifax House Price Index for August shows that: – On a monthly basis, house prices increased by 0/3% in August. This was the third consecutive monthly increase seen. House prices were also up 2.2% on an annual basis although this annual rate of growth had cooled from the 2.5% seen in July….
EAN Breaking News
House prices continue to rise at a steady pace
• House prices increased by +0.3% in August, marking a third consecutive monthly rise • Average property price now £299,331, edging up to a new record high • Annual rate of growth eases slightly to +2.2% (down from +2.5% in July) • Average price paid by first-time buyers falls slightly as affordability improves • Northern…
EAN Breaking News
New record rent across Great Britain as landlords brace for Renters’ Rights Bill and potential tax changes
The average advertised rent across Great Britain has risen to a new record in August of £1,577 per calendar month Average advertised rents are now 3% higher than at this time last year, in line with Rightmove’s prediction for the year, with constrained supply contributing to rising rents: The number of available homes to rent…
Rightmove
Housing Insight Report for July 2025
The July 2025 report shows steady sales with stronger appraisals, but affordability remains stretched amid high inflation and static interest rates. Rental demand continues to outpace supply, keeping competition intense despite slight stock growth. Sales 1. On average, there were around 11.2 homes placed for sale per member branch in July 2025 2. In July…
EAN Breaking News
20% agreed sales have fallen through due to property tax rumours
Simon Gerrard, Chairman at Martyn Gerrard Estate Agents is already seeing real-time damage in the London market just from the mere speculation of new property taxes. Simon has found that talk of these looming taxes ahead of the Autumn budget has caused almost 20% of their agreed sales in August to fall through, with buyers pulling…
EAN Breaking News
Home hunter search areas expand in Britain’s most expensive regions
A tale of two markets: Home hunter search areas expand in Britain’s most expensive regions and stay local in the more affordable The average UK homebuyer’s search radius has narrowed to 3.4 miles in 2025, a decrease from 4.3 miles in 2021 during the pandemic ‘search for space’ Home buyers in the South East and…
EAN Breaking News
Monthly mortgage repayments toughest burden since 2008 financial crisis
With softening house price growth and an ongoing debate about property tax reform, exclusive analysis from INTEREST by Moneyfacts reveals the burden mortgage payments are putting on household finances. An average earner able to put down the required deposit and commit to a mortgage in the past couple of years will have found their monthly…
EAN Breaking News
Parents sacrifice dream homes for school catchment areas
School catchment property purchases see parents sacrifice dream homes and financial stability The latest research from Yopa has revealed that almost half of parental homebuyers sacrifice their dream home in order to purchase within a catchment area for their child’s education, with many overstretching themselves financially in the process. Yopa surveyed* almost 5,000 UK homebuyers…
EAN Breaking News
Mind the Deposit Gap: Why Your Mortgage Deposit Could Make or Break Your Budget in 2025
As UK homeowners and buyers face rising costs and tight affordability, specialist lender Hodge Bank warns that the size of your mortgage deposit could now play an even bigger role in long-term financial wellbeing. Hodge is urging homeowners and prospective buyers to review their financial options early, with a particular focus on deposit size and…
EAN Breaking News
The number of people living alone has increased by 14%
Loneliness and isolation: The number of people living alone has increased by 14% New insight from COHO, the HMO management platform, reveals that almost a third of households in England are occupied by just one person, with the number of people living on their own increasing by as much as 14% in the past ten…
EAN Breaking News
Landlords face rental income tax bill of £885 per property
The latest analysis from Inventory Base reveals that UK landlords face an average NI bill of up to £885 per property per year if Labour’s rental tax proposal is passed into law. The Government is considering a major change to the way landlords are taxed, with Chancellor Rachel Reeves weighing up plans to apply National…
EAN Breaking News
Breaking Property News 2/09/25
Daily bite-sized proptech and property news in partnership with Proptech-X. AI agent to automate real estate and mortgage lead qualification PriceHubble, the leading provider of property data solutions, announces the launch of its new Lead Calling AI Agent today. Developed for estate agents and mortgage specialists, the solution automates early-stage lead engagement through phone…
Andrew Stanton
Hull and Sunderland named cheapest cities for student renters
Hull, Sunderland (both £804 per calendar month), and Carlisle (£828 per calendar month) top the list as the three lowest priced cities in Great Britain to rent The cost of renting in Hull & Sunderland is 49% lower than the average across Great Britain, which is currently £1,565 per month The data comes as students…
Rightmove
Only one in six landlords ‘fully prepared’ for Renters’ Rights Bill
Only one in six landlords (16%) say they are ‘fully prepared’ for the implementation of the controversial Renters Rights Bill in the coming weeks. The remaining 84% have either not heard of it at all (7%), are aware of it but don’t know what it means for them (29%), have heard of it but know…
EAN Breaking News