Breaking News

Late payment reform is welcome, says FMB

 

Measures announced as part of the Government’s ‘Small Business Plan’, to tackle late payments and tool theft, futureproof skills, and improve access to finance, are welcome steps to create a more level playing field for small building companies, say the Federation of Master Builders (FMB). Brian Berry, Chief Executive of the FMB commented: “Late payments…

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EAN Breaking News

Social Housing 2019

Build to Rent sees global surge

 

Build to Rent Goes Global: New Data Reveals Surge in UK, US, Australia and New Zealand New global data from Inventory Base reveals that Build to Rent (BTR) is no longer a UK phenomenon. n, it’s a rapidly expanding housing model gaining serious traction across New Zealand, Australia, and the United States. Nowhere is this…

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EAN Breaking News

Number of estates paying IHT jumps 13%

 

HMRC has released its annual inheritance tax (IHT) stats for the 2022/23 tax year. Headlines include: Number of estates paying inheritance tax rose 13% to 31,500. The average IHT bill fell by 1.4% to £212,000. 0.03% (202) of estates paid 11% of all inheritance tax and 1% of estates paid around 65% of all inheritance…

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EAN Breaking News

HMRC UK Property Transactions Report for June 2025

 

Headline statistics from the latest transactions data include: the provisional seasonally adjusted estimate of the number of UK residential transactions in June 2025 is 93,530, 1% higher than June 2024 and 13% higher than May 2025 the provisional non-seasonally adjusted estimate of the number of UK residential transactions in June 2025 is 95,080, 5% higher…

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EAN Breaking News

Breaking Property News 31/07/25

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   OpticWise – ‘Buildings should not be static assets—they should evolve’ The Value of Listening Buildings – Data Feedback Loops for Continuous Improvement Welcome to Week 10 of our 52-week journey exploring how data and digital infrastructure are reshaping the built world. I’m Bill Douglas,…

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Andrew Stanton

First-time buyers get more market town for their money in the Midlands

 

Leek, West Midlands is the most affordable market town for first-time buyers, at an average £191,359 Immingham, Yorkshire and the Humber most affordable for all buyers, at £176,918 Overall, average house price in market towns now £363,456, up 5% in the last year and 24% in the last five years First-time buyers paying an average…

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EAN Breaking News

Placemaking around rail is a winning blueprint

 

The Government has announced that around 40,000 new, high-quality homes will be built on surplus railway land, as the Transport Secretary, Heidi Alexander, unlocks brownfield sites across the country for development. Richard Beresford Chief Executive of the National Federation of Builders (NFB), said: “The Government has a chance to set a new standard in placemaking…

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EAN Breaking News

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Rightmove: Average two-year and five-year fixed mortgage rates now level

 

Rightmove’s daily mortgage tracker shows that the current average two-year fixed mortgage rate is currently level with the average five-year fixed mortgage rate.   Both the average two-year fixed rate, and five-year fixed rate are currently 4.52% Prior to July 2025, the last time this was the case was in September 2022 before the mini-Budget…

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Rightmove

UK Homemovers Relocating Over 50 Miles

 

UK Homemovers Now Relocating Over 50 Miles as Buyers Seek Better Value Beyond the City The latest research by GetAgent Exchange, a platform enabling estate agents to monetise out-of-area applicant leads, has found that UK long-distance movers are now relocating an average of 52 miles from their original location, rising to over 80 miles in…

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EAN Breaking News

Beach hut values soar by as much as 100%

 

The latest research from over-50s property specialists, Regency Living, reveals that it’s not just demand for bricks and mortar that is pushing up house prices in Britain’s most desirable coastal locations, with the average price of a beach hut soaring by as much as 100% in some seaside towns. High cost of coastal homes England’s…

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EAN Breaking News

Revealed: the most lucrative shared living postcodes

 

New research from COHO, the HMO management platform, reveals that the shared living market in England & Wales generates an estimated monthly rental income of £1.4bn. But which postcode areas are creating the most income from shared living? How much are HMOs making in your postcode? Find out here COHO has analysed the estimated number…

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EAN Breaking News

Breaking Property News 29/07/25

 

Daily bite-sized proptech and property news in partnership with Proptech-X.   Alto, Propflo, GlueDog, or other CRM, Symple’s team ensures integration is simple and supported. Did you know that Symple has redefined the way property professionals manage compliance? by seamlessly integrating with the CRMs and tools they already use. Rather than asking users to adopt a whole…

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Andrew Stanton

Mortgage approvals continue to climb in June

 

The latest mortgage approval data from the Bank of England figures show that: – Mortgage approvals on house purchases for June sat at 64,167 up (+1.4%) from 63,288 in May. This signals two consecutive months of growth. Approvals are also up (+5.6%) when compared to the 60,761 seen in June 2024. This growth is positive,…

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EAN Breaking News

bank of england interest rate

Bank of England Money & Credit Report June 2025

 

Net borrowing of mortgage debt by individuals increased by £3.1 billion to £5.3 billion in June, compared to a £2.8 billion increase to £2.2 billion of net borrowing in May. Net mortgage approvals for house purchases increased by 900, to 64,200 in June. Approvals for remortgaging also increased by 200, to 41,800 in June. This…

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EAN Breaking News

Housing market’s summer surge dampened by soaring stamp duty costs

 

Housing market activity has surged, with buyer demand up 11 per cent and agreed sales up eight per cent year-on-year, defying typical summer slowdown National house price inflation has slowed to 1.3 per cent, driven by a 12 per cent increase in homes for sale and higher stamp duty costs for many buyers Higher stamp…

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