Breaking News
Renters see bigger increase in monthly payments than mortgaged homeowners over last three years – up £221 pcm
New analysis1 from Zoopla, one of the UK’s leading property websites, reveals that private renters have seen a greater increase in their monthly housing costs since 2022 than mortgaged homeowners. Average rents in the UK currently sit at £1,283 per month, with mortgage repayments for an average outstanding loan at £1,154 per month. Over the…
EAN Breaking News
Inheritance Tax Receipts raise £2.2 billion in three months
Inheritance tax receipts hit £2.2 billion in the first three months of the current tax year, according to data released by HM Revenue and Customs (HMRC) this morning. This is £100 million higher than the previous tax year, and continues an upward trend over the last two decades. Nicholas Hyett, Investment Manager at Wealth Club…
EAN Breaking News
New research spotlights AML compliance vulnerabilities for estate agents
This comes amid the news that almost 200 estate and lettings agents have been fined by HMRC for AML failings New research from client due diligence platform Thirdfort reveals that senior managers in estate agencies are not taking AML compliance seriously enough. Despite many taking the threat of money laundering very seriously, some 54% of…
EAN Breaking News
House survey enquiries surge in 2025
Enquiries for house surveys have risen sharply in the first half of 2025, up over 83% compared to the same period in 2024. More buyers are taking the condition of a property seriously before committing, showing a clear shift towards due diligence. Compare My Move’s research reveals that Level 2 and Level 3 house surveys…
EAN Breaking News
Price is key as sellers compete for buyers with big July price drop
The average price of property coming to the market for sale drops by 1.2% (-£4,531) this month to £373,709. With the number of available homes still at a decade-high level, summer sellers are pricing even more competitively to attract buyer interest: London is the biggest regional driver of new seller asking price falls this month…
Rightmove
£88,106 price premium for homes with a sea view
The average asking price for a home with a sea view in Great Britain is £363,181 This marks a 32% price premium compared to homes in coastal areas without a sea view The East Midlands has the highest price premium for homes with a sea view (68%) and the South East has the lowest (22%)…
Rightmove
Breaking Property News 17/07/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Correct pricing and being “sales ready” now essential for speedy transactions UK house prices have slipped into a largely unexpected tailspin. Zoopla reports that annual growth dropped to 1.4% in May 2025, while Nationwide observes a 0.8% drop in average value between May and…
Andrew Stanton
Million home value boom
1m UK homes see value increases of 50 per cent or more in the last five years, an average gain of £117,400 Eight in ten UK homes increased in value by over five per cent or more, an average increase of £60,800, with house values seeing a gradual increase since the 2020 pandemic Over…
EAN Breaking News
Homebuyers saving over £4,000 in SDLT despite increase
Homebuyers saving over £4,000 in stamp duty despite threshold increase, by opting for this particular property type The latest research from over-50s property specialists, Regency Living, reveals that homebuyers opting for a park home instead of a traditional bricks-and-mortar property are an average of £4,316 better off due to not having to pay Stamp Duty…
EAN Breaking News
Industry reacts to latest Gov HousePrice Index
The latest index shows that: – The average monthly rate of house price growth in May rebounded to 1.1% following the -2.7% decline seen in between March and April. The average annual rate of house price growth in May was up 3.9%. As a result, the average UK house price is now £269,000. Colleen…
EAN Breaking News
Renter’s Rights Bill pet u-turn creates more questions than answers
The latest U-turn in the Renter’s Rights Bill (RRB) concerning pet ownership may temporarily protect landlords from the cost of pet-related damage, but it leaves major questions unanswered, warns Inventory Base, the UK’s leading property inspection platform. As confusion grows around whether the proposed pet deposit amendment will pass, the industry is left in limbo,…
EAN Breaking News
Landlords See Higher Net Returns
Landlords See Higher Net Returns Despite Rising Start-Up Costs and Falling Buy-to-Let Incomes New research from Dwelly, one of the UK’s leading lettings acquisition and success planning experts, reveals that, despite an increase in start-up costs and a reduction in total buy-to-let income, the average UK landlord has seen an improvement in net returns when…
EAN Breaking News
London lettings market gains momentum in June
London lettings market buoyed by surge in supply and growing renter activity, Foxtons data shows Heightened rental activity in June, with applicant registrations rising 21% month-on-month Supply surged to its strongest level in four years, with almost 45,000 new listings recorded in June, an 18% increase on May Average weekly rent climbed 1%…
EAN Breaking News
The Renters’ Rights Bill edges ever closer to becoming law
Changes to overhaul the private rented sector across England have been a long-held ambition from Labour and has paved the way for the planned introduction of the Renters’ Rights Bill. Over the last twelve months the legislation has been working its way through Westminster and has been subject to oversight and debate within the House…
EAN Breaking News
Breaking Property News 16/07/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Transforming the industry and human interaction There are few milestone revelations within the property sector that have moved as quickly or had as big an impact as Artificial Intelligence (AI). According to Damon Bullimore, CEO of Nurtur, AI is not just going to revolutionise…
Andrew Stanton