Breaking News
Foxtons Lettings Market Index – September 2024
Foxtons data points towards a resilient Lettings market despite seasonal dip • New market listings increased 12% from September 2023 • Applicant demand decreased 35% month-on-month from August, aligning with the typical seasonal dip • Applicant budgets remained 2% higher year-on-year in September, higher than any other year September signals the close of a highly…
EAN Breaking News
Record high rents as landlords brace for budget impact
Average advertised rents outside London hit a 19th consecutive quarterly record of £1,344 per calendar month (pcm), up 5.2% from last year, although this is the slowest rate of growth since 2021 London rents also hit a new record at £2,694 pcm, 2.5% higher than last year (£2,627 pcm) The balance between supply and demand continues…
Rightmove
Landmark Information Group Q3 2024 Property Trends Report (England and Wales)
Despite surge in housing supply, economic and political climate continues to put downward pressure on completion rates Landmark’s newly released Q3 Residential Property Trends report demonstrates a detailed analysis of the housing market, providing data from July to September 2024. The report highlights that high supply is offset by slow completions, with economic and political…
EAN Breaking News
What income do you need to buy a home? by Neil Parker, Leaders
As property prices continue to increase, many people – particularly those who aren’t yet home owners – are concerned about whether they will be able to afford to buy or move home. While getting together a deposit is one part of affordability, the other is the level of income you have, which will the main…
EAN Content
Buy-to-let landlords optimistic about performance of their property investments
A new survey of buy-to-let (BTL) landlords in the UK has found: 60% are optimistic about the future performance of their property investments, both in terms of capital growth and rental returns. 57% say the Bank of England’s August rate cut had a positive impact on their investments. Two-thirds (58%) believe BTL investments remain highly…
EAN Content
Breaking Property News 11/10/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Northern Ireland sees an increase in sales prices & rental prices The leading property portal, PropertyPal, has released their quarterly report highlighting insights and trends that have shaped the Northern Ireland Housing Market in Q3 2024. It includes a comprehensive overview of property sales, rentals,…
Andrew Stanton
Taylor Swift’s celebrity home has gone viral on The Sims 4
A new study has revealed that Taylor Swift’s celebrity home has been recreated the most in The Sims 4, appearing 1,293 times on the game’s online gallery Other high-ranking celebrity homes included those belonging to Harry Styles, Tom Cruise, and the Kardashian family The study obtained data from The Sims 4 online gallery to see…
EAN Content
First-time buyer mortgage payments still over £350 more than five years ago
Ahead of the Autumn Budget, the latest data from Rightmove’s weekly mortgage tracker highlights that the average first-time buyer monthly mortgage payment is over £350 more than five years ago: The average monthly mortgage payment for a typical first-time buyer is now £931, compared with £578 in 2019 – however, payments are still over £150…
Rightmove
Meeting Room Chairs That Inspire Collaboration: A Guide to Design, Comfort, and Function
In present day dynamic painting surroundings, the layout and capability of assembly areas play an important role in fostering collaboration and creativity. Meeting room chairs, frequently not noted, are necessary to this process. They not simplest offer consolation however also influence the way teams interact, speak, and collaborate. This guide explores the key considerations in…
EAN Content
Save a house deposit faster than ever in THESE areas!
Aberdeen City in Scotland is named the best place to live if you want to save for a house deposit fast, saving in as little as a year and a half Inverclyde is second, whilst Burnley is third Average salaries and house prices in each area as well as deposit amounts were taken into consideration…
EAN Content
MPs Urged to Strike the Right Balance on Renters’ Rights Bill
Speaking prior to the second reading of the Renters’ Rights Bill, which will be debated by MPs later today, Chris Norris, Policy & Campaigns Director for the National Residential Landlords Association, said: “The changes MPs will debate are the biggest shake up of the rental market for over 30 years. The proposed reforms need to…
EAN Breaking News
MPs Look to Amend Renters Reform Bill, Raising Concerns for Renters and Property Investors
Backbench Tory MPs are reportedly considering changes to the Renters Reform Bill, sparking debate over the potential impact on landlords and renters. The proposed amendments aim to address concerns that stricter regulations could lead landlords to exit the market, further tightening the already limited rental supply in the UK. One of the key commitments of…
EAN Content
Government Needs to Prevent Rent Debts, Not Let Them Grow
Ministers need to do more to prevent tenants building rent arrears, not allow them to get bigger as currently planned. The call comes as the Government’s Renters’ Rights Bill proposes increasing the amount of arrears a tenant can build from two to three months of rent before landlords can serve notice to repossess a property….
EAN Breaking News
Halifax House Price Index September 2024
House prices in September 2024 were 4.7% higher than the same month a year earlier. House prices rise for third straight month House prices increased by +0.3% in September, matching rise seen in August Year-on-year prices are up +4.7%, still the strongest rate since November 2022 Higher annual growth continues to reflect…
EAN Breaking News
Breaking Property News 08/10/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Agency membership body reveals the top three pillars to success The Guild of Property Professionals has announced the results of a recent customer survey conducted with their network of independent agents. The survey was designed to uncover which tools and services Members found the…
Andrew Stanton