Breaking News
Barclays: Mortgage and rental spending grows as younger buyers turn attention to new builds
Mortgage and rental spending grows 2.0 per cent, but consumer confidence remains unchanged Rent and mortgage spending grew slightly year-on-year in January, up from 1.8 per cent in December Consumers’ confidence in their ability to afford rent and mortgage payments remained unchanged month-on-month at 52 per cent Those who have recently remortgaged onto higher…

EAN Breaking News
UK’s Housing Crisis Deepens as 1.4 Million Homes Sit Unbuilt
Cornerstone Tax reveals that 19% of tenants have been forced to move five times in less than five years due to landlords exiting the market David Hannah, Group Chairman of Cornerstone Tax, urges the government to focus on addressing the wider housing affordability crisis by incentivising landlords The government’s plan to develop 12 new towns…

EAN Breaking News
Rightmove House Price Index: Price growth slows as stamp duty deadline looms, but activity remains robust
The average price of property coming to market for sale rises by 0.5% (+£1,805) this month to £367,994, a muted price rise for this time of year as new sellers lower price expectations, due to the looming stamp duty deadline and high competition: The number of available homes for sale is at a 10-year high,…

Rightmove
Rise in no fault evictions
No fault evictions have risen according to the latest data published by the Ministry of Justice. Property disputes lawyer says “some landlords are unwilling to wait for the new Renters’ Rights legislation and are choosing to leave the market” Landlords can apply for an accelerated possession order if the tenants have not left by the…

EAN Breaking News
Rightmove Weekly Mortgage Rates – 14/02/25
Rightmove’s mortgage expert Matt Smith says: “It’s another week of average rate drops, and the response from the market since the Bank Rate cut has been positive. We hope to now see a sustained period of mortgage rates trickling downwards to lead us through the Spring selling season.” On the first sub-4% mortgage rate Matt says: “The…

Rightmove
Could you fall in love with a home without seeing it? 1 in 5 Brits think they could
As the new season of Love Is Blind hits Netflix this Valentine’s Day, it seems that some Brits are taking the concept of love, (sight unseen) to a whole new level, when it comes to finding their dream home. New research from Rightmove, the UK’s largest property website, reveals that one in five Brits admit…

Rightmove
Almost one in five property sales now experience ‘gazundering’
Almost a fifth of property sales now experience gazundering, according to figures from property firm Quick Move Now. Gazundering, which is the attempted renegotiating of a lower property purchase price after a sale has been agreed, has become more common in recent years as the market contends with cautious buyers and difficult economic conditions. According…

EAN Breaking News
Mortgage and Landlord Possession Statistics: October to December 2024
Mortgage claims, orders, warrants and repossessions increased Compared to the same quarter in 2023 there were increases in mortgage possession claims from 4,385 to 6,080 (39%), orders from 2,697 to 4,178 (55%), warrants from 2,240 to 3,305 (48%) and repossessions by county court bailiffs from 595 to 957 (61%). Landlord possession actions have all increased…

EAN Breaking News
Government unveils plans for next generation of new towns
Over 100 sites across England have come forward to be considered for next generation of new towns Government on track to create beautiful communities, provide affordable homes, and deliver much needed infrastructure, including schools and nurseries, GP surgeries, and bus routes By taking on the blockers, 20,000 homes, along with new schools and health facilities,…

EAN Breaking News
Breaking Property News 13/02/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Major new plans to modernise home buying and selling to save people time and money and further measures to improve the lives of leaseholders. PRESS RELEASE – Ministry of Housing, Communities and Local Government and Matthew Pennycook MP Millions of people are set to benefit from improvements to…

Andrew Stanton
First-Time Buyers Face £11,250 Tax Blow as Labour’s Stamp Duty Deadline Looms
120,000 UK homebuyers face unwanted tax bill ahead of Labour’s April stamp duty changes According to data from TwentyCi data, more than 120,000 homebuyers are at risk of unexpected stamp duty bills as they scramble to complete purchases before Labour’s planned stamp duty changes take effect on 1 April. A third of buyers who have had offers accepted…

EAN Breaking News
Renters’ Rights Bill Will Fail Without Proper Plan for Enforcement
Reforms to the private rented sector will fail without a proper plan to improve enforcement against rogue and criminal landlords. That’s the warning from the body representing responsible landlords as Peers prepare to debate the detail of the Renters’ Rights Bill. The Bill includes major changes which councils will need to enforce. This includes a…

EAN Content
Breaking Property News 12/02/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Fine & Country partners with Azizi Group to launch Burj Azizi – The second tallest tower in the world Fine & Country Dubai and Fine & Country Mayfair are proud to announce an exclusive partnership with renowned developers Azizi Group to launch Burj Azizi,…

Andrew Stanton
The Perfect Match: Zoopla reveals the most affordable places for single Brits to buy a home
Aberdeen has been named as the most affordable city for single homebuyers with average monthly mortgage payments of £510, around 16 per cent of average salaries In England, Liverpool has been named the most affordable city for single Brits with average mortgage payments accounting for 18 per cent of monthly salaries Affordability for singletons…

EAN Breaking News
Breaking Property News 11/02/25
Daily bite-sized proptech and property news in partnership with Proptech-X. ‘Tired of how long it takes to buy a home? We’re modernising the process to save you time and money – Ministry of Housing, Communities and local Government’ If I had to do a specialist topic on mastermind it would be the journey from…

Andrew Stanton