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
Mortgage approvals climb for third month in a row
Mortgage approvals on house purchases for July sat at 65,352 up (+1.2%) from 64,571 in June. This signals three consecutive months of growth. Approvals are also up (+4.6%) when compared to the 62,489 seen in July 2024. This growth is positive, and there is optimism for continued growth in the coming months, especially if further…
EAN Breaking News
Bank of England Money and Credit – July 2025
Key points: Net borrowing of mortgage debt by individuals decreased by £0.9 billion to £4.5 billion in July, compared to a £3.2 billion increase to £5.4 billion of net borrowing in June. Net mortgage approvals for house purchases increased by 800 in July, to 65,400. Approvals for remortgaging decreased by 2700 in July, to 38,900….
EAN Breaking News
Prime London buyers could see discounts of upto £500k
Prime London buyers could save half a million pounds in Reeves tax overhaul, with seller tax taking 15 years to equal current upfront costs. The latest research from Jefferies London shows that whilst the average London buyer stands to save £16,250 on Stamp Duty Land Tax (SDLT) should it be removed, those purchasing at the very…
EAN Breaking News
Annual house price growth softens in August
Annual house price growth softened to 2.1% in August House prices were down 0.1% month on month Over half of properties in the owner occupier sector are classified as ‘underoccupied’ Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, said: “August saw a slight softening in the rate of annual house price growth to 2.1%,…
EAN Breaking News
Latest HMRC UK property transactions report
Headline statistics Headline statistics from the latest transactions data include: the provisional seasonally adjusted estimate of the number of UK residential transactions in July 2025 is 95,580, 4% higher than July 2024 and 1% higher than June 2025 the provisional non-seasonally adjusted estimate of the number of UK residential transactions in July 2025 is 101,070,…
EAN Breaking News