Breaking News
Number of renters saving for a deposit hits six month low
Rent and mortgage spending sees highest growth since February, with renters disproportionately impacted More than half of UK adults believe renting a property is more expensive than paying a mortgage 17 per cent of renters report saving for a deposit in July, compared to 31 per cent in January Consumer spending on rent and mortgages…
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80% of first-time buyers moved back in with parents to get on the ladder
96 percent of first-time buyers received financial help for their deposit – with 68% receiving help from family, and 57% from friends, survey finds Three quarters (75%) scaled back on their property to buy in a preferred location TSB customer data: Average age of first-time buyers up to 32 years from 31 The length of…
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Cottagecore dreams on a budget: Zoopla reveals where to find your idyllic and affordable country retreat
New analysis from Zoopla reveals North Lanarkshire, Scotland, is the most affordable place to buy a cottage in Great Britain, with an average asking price of £83,500 Sunderland in the North East follows closely behind, with an average cottage price of £115,000 The South East commands the highest prices, with the most expensive cottages found…
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Construction Sector Recovery Slows Pace, Yet Remains Steady
Construction starts grew 9% both in the three months to July and compared with last year. Residential work starting on-site was 10% up against the previous three months and grew 25% on a year ago. Although non-residential starts grew 7% on a quarterly basis, they slipped back 1% year-on-year. Civil engineering project starts fell 21%…
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Small Landlords Quitting in Droves as Rental Reforms Loom
One in three letting agents report small landlord exodus – and blame the Renters’ Rights Bill 34% of agents report more small landlords quitting the market 93% fear losing independent landlords due to upcoming reforms 70% say at least some landlords have already sold up Britain’s backbone landlords are quitting in droves and the Government’s…
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Housing Insight Report – June 2025
The Housing Insight Report takes a monthly look at the trends affecting the UK housing market. Propertymark gathers the statistics by surveying estate and letting agents who are members of NAEA Propertymark and ARLA Propertymark. Here are the findings for June: While mortgage lending shows resilience, affordability remains the foremost barrier for buyers and renters…
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Landlord Ombudsman & Private Rented Sector (PRS) Portal – What Landlords Need to Know
By Allison Thompson, National Lettings Managing Director, Leaders The Renters’ Rights Bill continues its progress through Parliament and, once passed, will bring one of the biggest shake-ups the private rented sector has seen in years. Among its key reforms are the introduction of a national Private Rented Sector (PRS) Database and a new Landlord Ombudsman…
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Breaking Property News 05/08/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Scottish Experience demonstrates that ‘Robust tenant protections need not harm rental markets or agency businesses’ A new report published this week by SME Professional one of the UK’s top property software companies is set to reassure letting agents in advance of the Renters’ Rights Bill which…
Andrew Stanton
Room rental waiting times revealed
Brighton to Birmingham: How Long Are You Waiting for a Room in Your City? New market analysis from COHO, the HMO management platform, reveals that shared living tenants are having to secure rooms months in advance, with as few as 11% of live listings being available for immediate occupancy in some cities. How long are…
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Homebuyers struggle to beat heatwave
Homebuyers struggle to beat heatwave as air conditioned homes account for just 1.2% of all property listings As we continue to endure a scorcher of a summer, the latest research by leading London lettings and estate agent, Benham and Reeves, has shown that homebuyers with hopes of purchasing an air conditioned property face a tough…
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Global prime market hotspots revealed, with Monaco, Geneva and Singapore topping the table
The latest research by Jefferies London has revealed that Monaco, Geneva and Singapore are currently the most active markets when it comes to super prime homeseller activity, whilst London sits seventh in the list of 17 global hotspots analysed by the firm. Jefferies London analysed current market listings across 17 global prime property hotspots, looking…
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Breaking Property News 04/08/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Hardware authenticators that simplifies passkey deployment HID, a worldwide leader in trusted identity and access management solutions, has announced a new line of FIDO-certified credentials—now powered by the new Enterprise Passkey Management (EPM) solution— designed to help organizations deploy and manage passkeys at the…
Andrew Stanton
Nationwide House Price Index – Thoughts from the Industry
The latest Nationwide House Price Index for July 2025 shows that: House prices increased by 0.6% between June and July of this year. On an annual basis, the average house price increased by 2.4% up from a 2.1% annual rate of growth in June. As a result, the average UK house price now sits at…
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Nationwide House Index – July 2025
Annual house price growth edges higher in July Annual rate of house price growth increased modestly in July to 2.4%, from 2.1% in June House prices were up 0.6% month on month UK house price to earnings ratio at lowest level in over a decade at c.5.75 Headlines Jul-25 Jun-25 Monthly Index* 540.5 537.4 Monthly…
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Late payment reforms offer hope for SMEs
The Government has unveiled its Small Business Plan aimed to support SMEs and unlock growth. This plan outlines their intention to tackle late payments, an issue which costs the UK economy £11bn a year and forces 38 businesses to shut down every day. Richard Beresford, Chief Executive of the National Federation of Builders (NFB), said:…
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