Breaking News
Property expert on whether interest rates should decline again in 2025
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
Bank of England – Mortgage approvals down in August
The latest figures show that: – Mortgage approvals on house purchases for August sat at 64,680 down (-0.7%) from 65,161 in July. This brings three consecutive months of growth to a stop. Approvals are also down slightly (-0.5%) when compared to the 64,983 seen in August 2024. This reflects a quieter summer period, while there…
EAN Breaking News
Breaking Property News 29/09/25
Daily bite-sized proptech and property news in partnership with Proptech-X. AI platform looks to transforms London’s £1 million+ market with instant precision search, deep property research, and live market dashboards HomeHapp AI has launched a ‘Prime Property Intelligence Engine’, a unified platform combining comprehensive property discovery, instant research, and AI-powered agency tools tailored for London’s…
Andrew Stanton
Housing market faces headwinds as Budget tax speculation hits buyer demand for a third of homes for sale, priced over £500,000
Wider mainstream market activity less impacted by tax speculation House price growth has continued to slow, down from 1.9 per cent in December 2024 to 1.4 per cent in August Pre Budget tax speculation is impacting market activity – demand for properties over £500,000 had dropped by four per cent with a seven per…
EAN Breaking News
Half of homebuyers barely know the area they move to
Nearly half of homebuyers move to neighbourhoods they barely know – So how do you find the right home if you aren’t familiar with the area? New research from The Property DriveBuy reveals that nearly half of homebuyers are unfamiliar with their new neighbourhoods before moving in, with more than one in five admitting they…
EAN Breaking News
Breaking Property News 24/09/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Instant Valuation Tool – IVT – and premium lead management dashboard available for all Nurtur, a leading property marketing technology provider, has announced that its popular Instant Valuation Tool (IVT) and premium Lead Management dashboard are now available free of charge to estate agents,…
Andrew Stanton
Breaking Property News 23/09/25
Daily bite-sized proptech and property news in partnership with Proptech-X. PAT Testing explained: What Landlords, Agents and Operators need to know What Is PAT testing? PAT stands for Portable Appliance Testing. It’s the process of checking electrical appliances—anything that plugs into a socket—to make sure they are safe to use. This includes everything from…
Andrew Stanton
Busting the mortgage myths that hold many buyers back
The latest research from Alexander Hall has found that the majority of aspiring homebuyers are being held back from applying for a mortgage due to common misconceptions about affordability, deposits and eligibility. The survey of aspirational homebuyers yet to enquire about a mortgage – commissioned by Alexander Hall – found that many could be in…
EAN Breaking News
Bibury searches nearly quadruple after global ‘most beautiful village’ title
Searches for homes for sale in Bibury in the Cotswolds surged by 273% last week after it was crowned the ‘most beautiful village in the world’ The average asking price of a home in the GL7 postcode, where Bibury is located, is £510,899, almost £150,000 more than the national average asking price The three most…
Rightmove
Rightmove’s Weekly Mortgage Tracker – 18/09/25
Average rates for 2-year and 5-year fixed-rate mortgages Term Average rate Weekly change Yearly change 2-year fixed 4.54% +0.02% -0.44% 5-year fixed 4.56% +0.01% -0.05% Lowest rates for 2-year and 5-year fixed-rate mortgages Term Lowest rate Weekly change Yearly change 2-year fixed 3.75% +0.00% -0.24% 5-year fixed 3.89% +0.00% +0.12% Average…
Rightmove
Bank of England’s holds interest rates at 4%
With the Bank of England’s decision to hold interest rates at 4%, here are some thoughts from the Industry. Matt Smith, Rightmove’s mortgage expert: “A Base Rate hold today had looked fairly nailed on, especially after yesterday’s news that inflation remains stuck at 3.8%. The later-than-usual Budget is very much on the horizon, and…
EAN Breaking News
Breaking Property News 18/09/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Exodus of Landlords – means lower supply and increased rents’ MPs have taken the Renters’ Rights Bill a major step closer to Royal Assent, confirming the scrapping of Section 21 “no-fault” evictions and the end of fixed-term tenancies, which will now convert into open-ended…
Andrew Stanton
Energy Rules Without Power: Tenants and Landlords Both Question EPC Impact
New research from LRG reveals that both landlords and tenants are struggling to engage with the Energy Performance Certificate (EPC) system, raising serious questions about whether it can deliver on its intended goals ahead of the government’s 2030 targets. While landlords overwhelmingly support the principle of improving energy efficiency, confidence in the system designed to…
EAN Breaking News
New Build Home Enquiries Double in Summer 2025
From June to August 2025, Compare My Move’s conveyancing data shows a 120% increase in new build home purchase enquiries compared to the same period in 2024. This surge reflects not only more people looking to buy homes overall but also a higher share of buyers choosing new builds. On average, 12% of purchase enquiries in…
EAN Breaking News
Residential Performance Dives, Dragging Entire Sector Down
Glenigan Review sees UK construction recovery put on pause as private housebuilding activity plummets Project starts decline by 22% during the Review period, 36% down compared to 2024 levels Main contract awards value slashed by 33% year-on-year, representing a 24% decrease relative to the prior three-month period Planning approvals nosedived 48% against the previous three…
EAN Breaking News