Breaking News
Inheritance Tax Receipts raise £0.8 billion in one month
Inheritance tax receipts hit £0.8 billion in April 2025 according to data released by HM Revenue and Customs (HMRC) this morning. This is £97 million higher than in April of the previous tax year, and continues an upward trend over the last two decades. With such a strong start to the new tax year, predictions that Inheritance tax…
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Zoopla research reveals homeownership outranks marriage as top priority for UK adults
A new survey from Zoopla reveals that 48 per cent of UK renters in a relationship are prioritising saving for a home over a wedding, with this figure rising to 59 per cent amongst Gen Z The financial pressures of saving for a home have resulted in a fifth considering postponing marriage in favour of…
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London rental market rebalances amid rising supply
Foxtons data shows There was a 5% increase in market supply in April, and a 9%, increase in market supply of new instructions year to date The average rent in April 2025 increased by 3% to stand at £589 per week April saw a 3% month-on-month reduction in applicant registrations, which goes against the trend…
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Rightmove’s Weekly Mortgage Tracker
Average rates for 2-year and 5-year fixed-rate mortgages Term Average rate Weekly change Yearly change 2-year fixed 4.60% -0.02% -0.84% 5-year fixed 4.58% -0.02% -0.48% Lowest rates for 2-year and 5-year fixed-rate mortgages Term Lowest rate Weekly change Yearly change 2-year fixed 3.72% +0.00% -1.03% 5-year fixed 3.78% +0.00% -0.56% Average fixed-term mortgage…
Rightmove
Breaking Property News 21/05/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Welcome to the first instalment of a 52-week exploration into the intersection of data and digital infrastructures, tenant experience, and operational performance in commercial real estate. Andrew Stanton CEO Proptech-PR & Editor of Proptech-X – ‘Over the past nine years I have worked 1:1…
Andrew Stanton
Record number of contacts for The Property Ombudsman
• 73,035 consumers contacted The Property Ombudsman in 2024 • 19,495 property businesses registered • £1.49 million awarded to consumers • 7,823 enquiries were related to tenant issues • 4,980 cases resolved by early resolution and formal investigation • 71% of cases resolved by formal investigation were found in favour of the consumer • 2,107…
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Over Half of UK Property Investors Plan to Expand Portfolios in 2025
Portfolio Growth: 54% of investors intend to increase the size of their portfolios, with 73% aiming to diversify geographically and 75% sectorally, reflecting a strategic approach to growth. London Leads Again: Cited by 46% of respondents, London has regained its crown as the most attractive region, followed by the East of England at 42%….
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Prices reach new record despite more subdued late Spring market
New seller asking prices rise by 0.6% (+£2,335) this month to a new record of £379,517. However, this month’s seasonal price increase is the lowest at this time of year since 2016, as the decade-high number of homes for sale limits price growth The traditionally strong late Spring market is more subdued following a busy…
Rightmove
Rightmove’s weekly mortgage tracker
Average rates for 2-year and 5-year fixed-rate mortgages Term Average rate Weekly change Yearly change 2-year fixed 4.61% -0.02% -0.80% 5-year fixed 4.59% -0.01% -0.42% Lowest rates for 2-year and 5-year fixed-rate mortgages Term Lowest rate Weekly change Yearly change 2-year fixed 3.72% +0.00% -1.03% 5-year fixed 3.78% +0.00% -0.56% Average fixed-term mortgage rates for…
Rightmove
Spotahome Bags €5 Million to Grow Its Game-Changing Rental Platform
You’ve just landed a new job in Berlin. Exciting, right? Except now you’re stuck halfway across the world, scrolling through sketchy listings, trying to rent an apartment you’ve never seen from someone you don’t trust. It’s stressful, confusing, and, honestly, pretty common. That’s the exact problem Spotahome was built to solve, and they’ve just raised…
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Increase in US buyers enquiring about homes for sale in UK
New analysis shows an increasing number of people from the United States have been enquiring about homes for sale in the UK since the start of the year: There’s been an 19% increase in enquiries from the US to the UK compared to last year, and the highest number since 2017 The majority (47%) of…
Rightmove
Appropriate rental homes disproportionate to growing number of older renters
Disabled and older renters in the UK’s Private Rented Sector face significant challenges finding and accessing suitable accommodation, says the industry body. Propertymark, the leading professional body for estate and letting agents, has highlighted an increasing concern in the private rented sector as the disparity in bungalows available to rent impacts the growing number of…
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Mortgage arrears and possessions Q1 2025
UK Finance today releases its latest mortgage arrears and possessions data for Q1 2025, while highlighting continuing lender support for any customers facing financial difficulty. Key information: The number of homeowner mortgages in arrears fell by two per cent in Q1 2025 compared to the previous quarter. The number of buy-to-let (BTL) mortgages in arrears…
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Rightmove launches next phase of marketing campaign
Rightmove, the UK’s largest property platform, launches next phase of its brand advertising campaign, ‘If they can find it, so can you.’ The multi-channel campaign will appear in prime-time TV slots, and across digital, social, and outdoor advertising, to help drive people to agents’ brands and properties on Rightmove. ‘If they can find it, so…
Rightmove
Zoopla identifies the garage demand hotspots in the UK
London Borough of Barking and Dagenham tops UK demand for homes with garages, with asking prices £129,000 more than the average asking price of a typical home in the area Garages remain a highly desired feature for homebuyers across the nation, with the feature ranked as the second most searched for keyword for two years…
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