Breaking News
Whitby crowned most exclusive coastal location
The latest research from Yopa has revealed that while Brighton in the South East is home to the highest monthly coastal mortgage cost, it’s Whitby in North Yorkshire that commands the highest premium when compared to the wider region, with the average monthly mortgage sitting payment 33.7% higher than the Yorkshire and the Humber average….
EAN Breaking News
ONS report on private rental affordability
Private renters on a median household income could expect to spend 36.3% of their income on an average-priced rented home in England, compared with 25.9% in Wales and 25.3% in Northen Ireland in 2024. Private rental affordability has fluctuated since 2016 but remained above the 30% affordability threshold in England, while it moved below the…
EAN Breaking News
End of August Will See an 84% Increase in UK House Moves
The last week of August is always a busy time for moving, with an average of 3.5% of all yearly moves taking place in that week, being the busiest week for moving in 2023 and the second busiest week for moving in 2024. 2025 is expected to be no different and should see a larger…
EAN Breaking News
Surveying capacity is being outpaced by compliance demand
The surveying industry has a problem: the shrinking capacity of surveyors is coming face to face with an increased compliance demand. Expert insight from Property Inspect suggests that increasing the workforce alone is not enough to fix the problem. The profession must also be equipped with Golden Thread compliant evidence packs that accelerate building safety…
EAN Breaking News
Apprentices often able to buy homes years earlier than graduates
With A-level results finally released, for those torn between university and an apprenticeship, there’s more than just career direction to consider. In the past few years, data has shown that apprentices are often able to buy homes years earlier than graduates, a growing financial gap that’s making home ownership feel close to impossible for many…
EAN Breaking News
Landlords invest in 85,000 fewer properties
The latest analysis from Dwelly, one of the UK’s leading lettings acquisition and success planning experts, has revealed that landlord purchasing activity has slowed considerably, with an estimated 170,520 landlords buying a property in the last 12 months compared to 255,780 a year earlier – a drop of 85,000 transactions. Dwelly analysed the latest figures…
EAN Breaking News
Savvy summer sellers drive best July for sales agreed since 2020
The average price of property coming to the market for sale drops by a seasonal 1.3% (-£4,969) this month to £368,740. August’s price drop is in line with the ten-year average following the bigger than usual falls in June & July Savvy summer sellers are pricing realistically to attract holiday-distracted buyers. Lower asking prices and…
Rightmove
No-fault evictions by bailiffs up 8%
New figures show that in the 12 months since Labour came into Government, no-fault evictions by bailiffs in England have risen by 8%. Labour has pledged to end no-fault evictions under its Renters’ Rights Bill, which is going through Parliament. According to the latest figures from the Ministry of Justice there were 11,402 repossessions by…
EAN Breaking News
Leasehold Lettings Under Pressure: Landlords Blocked from Improving Flats
New research from LRG (Leaders Romans Group) reveals that leasehold structures are creating a growing barrier to progress in the rental sector, limiting upgrades, pushing landlords away from flats, and lowering tenant confidence in how buildings are managed. According to LRG’s most recent Lettings Report, 58% of flats let by landlords are leasehold. Among these,…
EAN Breaking News
234% surge in demand for air-conditioned homes as UK buyers brace for hotter summers
Following the many heatwaves the UK has experienced this summer, searches for homes that are for sale with air conditioning have more than tripled in a year (+234%).1 According to recent research, just 1.2% of homes for sale in England feature air conditioning, which adds around 2.5% to a property’s overall value.2 As air conditioning…
EAN Breaking News
Mortgage arrears and possessions Q2 2025
UK Finance today releases its latest mortgage arrears and possessions data for Q2 2025, while highlighting continuing lender support for any customers facing financial difficulty. Key Information The number of homeowner mortgages in arrears fell by 3 per cent in Q2 2025 compared to the previous quarter. The number of buy-to-let (BTL) mortgages in arrears…
EAN Breaking News
74% of children have a say in final home moving decisions
From the Playground to the Property Ladder: 74 per cent of children have a say in final home moving decisions Children’s influence most pronounced amongst Gen Z (40 per cent) and Millennial (32 per cent) movers, showing a clear generational shift in family decision-making Men tend to be the “Home Move CEOs’, taking the lead…
EAN Breaking News
Burnley tops Premier League property premium table
With the new Premier League season getting underway this weekend, the latest research from Yopa has revealed that while Chelsea and Fulham top the Premier League property price table when it comes to the most expensive stadium postcode, it’s Burnley’s Turf Moor stadium takes the crown for the highest house price premium compared to the…
EAN Breaking News
Flow of fresh homes to rent ‘shrinks at fastest rate since 2020’
New figures from the Royal Institution of Surveyors (RICS) shows that the flow of fresh rental properties coming to market has fallen at its fastest rate in five years. RICS reported that 31% of professionals saw new instructions from landlords falling rather than rising, which was the weakest reading since April 2020. David Smith, Property…
EAN Breaking News
Two-year mortgage rates are at a THREE-YEAR low and below 5%, but will they remain?
The average two-year mortgage rate is at a three-year low at 4.99%, the first time below 5% since the Liz Truss mini-budget, according to Moneyfacts. However, the question is, will interest rates go down? Mortgage Advisor, John Morris from Pure Property Finance discusses whether this may or may not be the case for the remainder…
EAN Breaking News