Breaking News
Inverclyde crowned Britain’s most affordable place for first-time buyers
Inverclyde, Burnley and Hartlepool amongst most affordable areas in Britain Kensington and Chelsea, Oxford and Cambridge least affordable North has smallest gap between least and most affordable areas in the region while London has largest Around 70% of local authorities have seen an improvement in affordability over the last year, with Islington seeing biggest improvement…
EAN Breaking News
Fewer than 3% of London rental homes available
The latest research from Benham and Reeves has found that fewer than 3% of London’s private rental homes are currently available to tenants, highlighting the severe lack of supply across the capital at a time when further legislative changes could place additional strain on supply within the sector. Benham and Reeves analysed current rental market…
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Reduced supply of homes to landlords selling up
2025 saw Westminster enact one of the biggest changes to England’s private rental sector in decades via the Renters’ Rights Act, and it has already triggered a mixed response from those working in the property industry alongside landlords. One of the biggest changes includes the retirement of section 21 ‘no-fault’ evictions. This is a move…
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Rightmove reaction to the Bank of England Base Rate decision
Matt Smith, Mortgage Expert at Rightmove, said: “Today’s decision to hold the Bank Rate was widely expected, and for most homeowners and home‑buyers, there’s no immediate change to worry about. For those looking to secure a new mortgage rate or coming up to remortgage, even small rises in rates can have a real impact on…
Rightmove
Bank of England holds interest rates at 3.75%
The Bank of England has announced its decision to hold the base rate at 3.75%. This decision comes as a result of wider economic uncertainty and an emerging energy crisis due to the Iran conflict, as well as inflation (CPI) sitting at 3.0% and remaining above the Bank’s 2.0% target. Today’s decision reflects continued caution…
EAN Breaking News
Breaking Property News 19/3/26
Daily bite-sized proptech and property news in partnership with Proptech-X. Lichfields relocates to larger Edinburgh office amid team growth New double sized company premises speeds scale up of services provision Planning and development consultancy Lichfields has relocated its Edinburgh team to larger premises as the business continues to grow its presence in Scotland. Now located at Caledonian Exchange, the…
Andrew Stanton
Landlord search activity spikes ahead of major Renters’ Rights Act changes in May
The latest research from Dwelly has found that landlord search activity relating to the Renters’ Rights Act (RRA) has surged over the past three months, as many prepare for the legislation’s most significant reforms set to come into force in May. Dwelly analysed Google search trends data for key terms relating to the Renters’ Rights…
EAN Breaking News
Breaking Property News 18/3/26
Daily bite-sized proptech and property news in partnership with Proptech-X. It’s tempting to frame the Renters’ Rights Act as a huge tenant win but that’s not the full picture By Adam Pigott, CEO of tlyfe the tenant lifecycle app (Openbrix) ‘In six weeks the Renters’ Rights Act comes into force across England, representing the most…
Andrew Stanton
Highest ever price gap between first-time buyer and second-stepper home
Latest Rightmove data shows that the price gap between a typical first-time buyer home and a second-stepper home is at its highest ever, increasing cost pressures on those looking to trade up: The average asking price for a 3-4 bedroom, typical mid-market second-stepper home is 52% more than a 0-2 bedroom, typical first-time buyer home…
Rightmove
Nearly six in ten UK property purchases trigger AML red flags
Nearly six in ten UK property purchases now require further scrutiny under anti-money laundering (AML) rules, according to new data from client due diligence platform Thirdfort. Analysis of more than 415,000 completed Source of Funds (SoF) checks found that 57.7% of transactions contained at least one red flag, with an average of two flags per…
EAN Breaking News
Vanishing act of sub-4% fixed rate mortgages
A cut to Bank of England Base Rate (BBR) looks increasingly unlikely, with the upheaval in mortgage re-pricing leading to a vanishing act of sub-4% fixed mortgages, according to Moneyfactscompare.co.uk analysis. Mortgage market analysis The pool of lenders offering a sub-4% fixed rate deal has taken a significant blow. All of the biggest banks, namely…
EAN Breaking News
Breaking Property News 17/3/26
Daily bite-sized proptech and property news in partnership with Proptech-X. ‘Land brokerage is fundamentally a data game’ Ascendix Technologies based in Texas, run by managing partners Wes Snow and Todd Terry designed a bespoke service to deal with a very complicated problem Land brokerage. They realised that Land brokerage has always operated at the intersection of fragmented…
Andrew Stanton
Steady March market so far despite global uncertainty
Average new seller asking prices rise by 0.8% (+£3,023) in March to £371,042, a typical seasonal increase in prices: The number of homes for sale remains at an eleven‑year high for this time of year, limiting more significant price growth and reinforcing the need for sellers to price more competitively to attract buyer interest The…
Rightmove
70% of Britain’s housing market is in recovery with prices trending upwards
The latest research from Yopa reveals that 70% of the British housing market is now in recovery with prices trending upwards following the challenging conditions of the past two years. This is despite the broader national picture showing that average house prices have edged down over the last six months. Yopa analysed six months of…
EAN Breaking News
London’s best boroughs for garden space revealed
Spring is in the air and the property market is heating up. And the latest research from Benham and Reeves suggests London buyers hoping to enjoy the warmer months in their own garden have a decent chance of fulfilling their aspirations, as almost 60% of homes currently listed for sale across the capital offer private outdoor…
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