Breaking News
Industry Reaction to Halifax House Price Index – June 2025
Nathan Emerson, CEO of Propertymark, comments: “Today’s news suggests that house prices have dropped quarterly and that there has been no monthly increase in house prices, which demonstrates that the UK housing market has faced considerable upheaval in response to a turbulent global economy and Stamp Duty thresholds in England and Northern Ireland increasing from…
EAN Breaking News
Halifax House Price Index for June 2025
House prices hold steady as market activity picks up pace • House price growth flat in June at 0.0% vs dip of -0.3% in May • Average property price now £296,665 compared to £296,782 last month • Annual rate of growth edges down to +2.5% from +2.6 in May • First-time buyer numbers have returned…
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Half of renters say homeownership impossible without financial support
Growth in mortgage and rental spending slows for fourth consecutive month while heatwave eases utility bills Consumer spending on rent and mortgages grew 4.3 per cent in June, slightly below the 4.6 per cent recorded in May Confidence in the UK housing market fell 3 points to 27 per cent as the Base Rate…
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Ten years on: More first-time buyers moving to cities while the coast stands still
New ten-year analysis of the property market shows that more first-time buyers are looking to move to cities, while the coast has seen no growth in new buyers First-time buyer demand to move to Great Britain’s 50 largest cities (excluding London) is up by 16% on average over the last ten years, with Dundee topping…
Rightmove
Homeowners in England and Wales overvalue their properties by an average of 16%
Homeowners in England and Wales are overestimating the value of their property by an average of 16%, according to new figures. Data from Quick Move Now compares homeowner estimates with formal estate agent valuations and is broken down by both region and property type. Overall, homeowners overvalue in every single category. Regional breakdown Region…
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Reapit report reveals agents’ long-term market confidence amid legislative challenges
Despite the significant challenges posed by a shifting economic landscape and the largest wave of housing legislation in decades, estate and letting agents remain steadfast in their confidence about their long-term future in the industry. According to the first Reapit Property Outlook Report 2025, covering the full breadth of sales and lettings agency opinion countrywide,…
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Owner-Occupiers Drive Resilient Commercial Property Market
Buying Becomes 37% Cheaper Than Renting The latest Commercial Property Demand Index from specialist property finance expert, Rangewell, reveals that while investor appetite across the sector held steady in Q2, strong levels of owner-occupied commercial mortgage activity are helping drive market performance, as business owners increasingly move from renting to buying their long-term premises for…
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One year of Labour: Property market performance review
Investors left waiting for planning reform and incentives but majority plan to increase real estate allocation Biggest failures: Lack of incentives for developers and investors, and ineffective planning reform Top priorities: Planning reform, tax incentives, and attracting international capital Where opportunities lie: Data centres, warehousing & logistics, and later-life housing Real estate debt is…
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Social homes are key in solving the housing crisis
The Government has announced that at least 60% of the £39 billion allocated for affordable housing, around 300,000 homes, will be at social rent levels. Richard Beresford, Chief Executive of the National Federation of Builders (NFB), said: “This is superb news because unaffordable housing is the greatest barrier to growth and a social housing revolution…
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Rightmove launches Extension Explorer experiment
Rightmove, the UK’s largest property platform, is experimenting with a new feature to give home-movers access to more information about the extension potential of a property. The new feature follows on from the success of its Renovation Calculator, and forms part of Rightmove’s suite of valuation tools to help owners understand the value and potential…
Rightmove
Golden Age of UK property investment is over
Research comparison of investor returns from stock markets and housing from Rathbones Group concludes property boom has passed The longstanding British obsession with property as a means of building wealth is outdated as today’s house buyers will not match the gains of past generations, Rathbones, a leading UK wealth and asset manager, concludes in new…
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FMB Supports Construction Leadership Council’s Health and Wellbeing Strategy
The Construction Leadership Council (CLC) Health, Safety and Wellbeing Strategy is a welcome and much needed new initiative to help drive industry change, says the Federation of Master Builders (FMB). The FMB’s CEO Brian Berry has joined more than 140 industry leaders at the Construction Leadership Council’s launch of its comprehensive Health, Safety and Wellbeing…
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20% Property Premium to Live Beside Britain’s Best Beaches
The latest research from eXp UK has found that homebuyers hoping to live by one of Britain’s best beaches can expect to pay almost 20% more on average compared to the wider local market, amounting to a seaside property premium of over £46,000. The research* by eXp UK analysed property prices in postcode districts surrounding…
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Houseboats hand London homebuyers 57% saving
Houseboats hand London homebuyers 57% saving versus bricks and mortar The latest research from Benham and Reeves has found that London homebuyers could save as much as 57% on their property purchase by choosing a houseboat over a traditional bricks and mortar home, with the average cost of a houseboat across the capital coming in…
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Silverstone fails to take pole when it comes to race track property premiums
The latest research from Yopa has found that while Silverstone may be the spiritual home of British motorsport and host of this weekend’s Formula 1 Grand Prix, it is far from the most prestigious racing venue when it comes to local property prices. In fact, homes near other race circuits across Britain command far higher…
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