Breaking News
Industry reacts as Renters’ Rights Bill set to become law
The Renters’ Rights Bill has cleared its final stage in the Commons with Housing Minister Matthew Pennycook confirming that the Government has rejected almost all amendments proposed by the House of Lords. The legislation is now set to proceed through its final ‘ping-pong’ stage before receiving Royal Assent, with all of its major measures intact…
EAN Breaking News
Gov’t rejection of Renters’ Rights Bill amendments will backfire
Following the Commons debate last night, which saw the rejection of nearly all non-Government amendments to the Renters’ Rights Bill, Greg Tsuman, Managing Director for Lettings, Martyn Gerrard Estate Agents, comments: “As expected, the amendments that were not government-backed have not been passed – over 300 of them. This is unfortunate, as they were some…
EAN Breaking News
London’s most in-demand areas lie outside the banana zone
As the viral ‘London banana’ map continues to stir debate over the capital’s most desirable areas, new data from Rightmove reveals the top ten most in-demand London hotspots. The banana may be appealing but the real action is happening outside the peel, with eight out of ten hotspots falling outside the banana zone – a…
Rightmove
London property no longer a safe bet as real-terms prices slide
Inner London stagnates: Wandsworth, Lambeth, Tower Hamlets, Kensington and Chelsea, and Westminster saw annual growth of less than 0.5% between 2016 and 2024, new Rathbones research reveals. Southwark in freefall: Average house prices fell by 2% over the past eight years. Outer London underperforms: Even Bexley, the best-performing borough, only saw 2.8% annual growth –…
EAN Breaking News
Low deposit mortgage choice boosted to 17-year high
Moneyfacts UK Mortgage Trends Treasury Report data reveals the combined choice of higher loan-to-value mortgages (90% and 95% LTV) rose to its highest count in 17 years. These deals combined represent 19% of the residential mortgage market overall, where choice is at an 18-year high. Month-on-month the overall average two- and five-year fixed mortgage rates…
EAN Breaking News
Property market beset by delays as conveyancer queries vary by an ‘alarming’ 8,176%
The scale of inefficiency in the property market was laid bare today by new analysis that reveals some conveyancers receive 83 times as many Land Registry queries as others. The number of requests sent to conveyancers to progress cases varied by an “alarming” 8,176%, ranging from 2.9 per 100 applications to 237, new analysis of…
EAN Breaking News
Breaking Property News 8/09/25
Daily bite-sized proptech and property news in partnership with Proptech-X. MetaWealth and One United Partners launch €18 million tokenized real estate bonds opportunity in Bucharest Press Release London, UK & Bucharest, Romania Sept 2025 MetaWealth, a tokenised real estate investment platform, today launched a €17.9 million bonds basket targeting 19% annual returns, as part of its…
Andrew Stanton
Younger generations see homeownership as less important
The latest research from Yopa has revealed how attitudes towards homeownership vary between generations, showing that while the majority still aspire to own, its perceived importance has waned among younger buyers who also find the path to ownership more challenging than their parents did. Yopa surveyed* Baby Boomers, Generation X, Millennials and Generation Z to…
EAN Breaking News
New Housing Secretary must focus on delivery, says FMB
The appointment of Steve Reed MP as Secretary of State for Housing, Communities and Local Government, following the resignation of Angela Rayner MP, must signal the start of a new drive for delivery of the Government’s stated target to build 1.5 million new homes, says the Federation of Master Builders (FMB). Brian Berry, Chief Executive…
EAN Breaking News
Industry Response to the Resignation of Angela Rayner
Lawrence Turner, Director of Boyer said: “Angela Rayner’s planning reforms rightly acknowledged the scale of the Housing Crisis and the urgent need for bold, decisive action. Her resignation must not become an excuse for delay. The new Secretary of State now bears the responsibility to continue to unlock delivery and work to win the support…
EAN Breaking News
Halifax figures show third consecutive month of growth – Thoughts from the Industry
The latest Halifax House Price Index for August shows that: – On a monthly basis, house prices increased by 0/3% in August. This was the third consecutive monthly increase seen. House prices were also up 2.2% on an annual basis although this annual rate of growth had cooled from the 2.5% seen in July….
EAN Breaking News
House prices continue to rise at a steady pace
• House prices increased by +0.3% in August, marking a third consecutive monthly rise • Average property price now £299,331, edging up to a new record high • Annual rate of growth eases slightly to +2.2% (down from +2.5% in July) • Average price paid by first-time buyers falls slightly as affordability improves • Northern…
EAN Breaking News
New record rent across Great Britain as landlords brace for Renters’ Rights Bill and potential tax changes
The average advertised rent across Great Britain has risen to a new record in August of £1,577 per calendar month Average advertised rents are now 3% higher than at this time last year, in line with Rightmove’s prediction for the year, with constrained supply contributing to rising rents: The number of available homes to rent…
Rightmove
Housing Insight Report for July 2025
The July 2025 report shows steady sales with stronger appraisals, but affordability remains stretched amid high inflation and static interest rates. Rental demand continues to outpace supply, keeping competition intense despite slight stock growth. Sales 1. On average, there were around 11.2 homes placed for sale per member branch in July 2025 2. In July…
EAN Breaking News
20% agreed sales have fallen through due to property tax rumours
Simon Gerrard, Chairman at Martyn Gerrard Estate Agents is already seeing real-time damage in the London market just from the mere speculation of new property taxes. Simon has found that talk of these looming taxes ahead of the Autumn budget has caused almost 20% of their agreed sales in August to fall through, with buyers pulling…
EAN Breaking News