Breaking News
1 in 8 new-build homes unsold after six months
Developers hold their nerve as one in eight new-build homes remain unsold after six months Jonathan Samuels, CEO of specialist lender, Octane Capital, believes that developers are increasingly prioritising profitability over speed of sale, with new-build homes spending longer on the market as developers resist unnecessary price reductions and instead look to protect scheme…
EAN Breaking News
Rental price and average salary tracker – July 2026
Year-on-year Rental Price Growth Moderates, Yet High Demand and Limited Supply Continue to Push Rents Higher London recorded the strongest monthly rental growth, with average rents rising from £2,385 to £2,484 (+4.2% month-on-month). As a result, the representative annual salary needed to secure the average-priced rental home increased from £70,050 to £74,520 (+6.4% year-on-year). The…
EAN Breaking News
Holiday let reforms fail to boost housing market activity in Devon and Cornwall
The latest research by LandSale has revealed that the introduction of council tax premiums on second homes, alongside wider measures designed to curb the growth of holiday lets, has yet to deliver a stronger housing market in Devon and Cornwall, where sales activity continue to lag behind the South West and England as a whole….
EAN Breaking News
Breaking Property News 10/8/26
Daily bite-sized proptech and property news in partnership with Proptech-X. Letting agent complaints are up 47% and why everyone is misreading the property redress The competence tax has been abolished Thought leadership by Olivier Jauniaux Founder of NestLink Somewhere in a lettings office this week, a property manager is reading a six-page document about a deposit…
Andrew Stanton
Rental price and average salary tracker – July 2026
Year-on-year Rental Price Growth Moderates, Yet High Demand and Limited Supply Continue to Push Rents Higher London recorded the strongest monthly rental growth, with average rents rising from £2,385 to £2,484 (+4.2% month-on-month). As a result, the representative annual salary needed to secure the average-priced rental home increased from £70,050 to £74,520 (+6.4% year-on-year). The…
EAN Breaking News
House prices stable in July
House prices stable in July (0.0%), following a +0.2% rise in June Average property price now £299,253 compared with £299,396 in June Annual growth of +0.1% is the slowest rate of house price inflation since November 2023 Northern Ireland continues to record the UK’s strongest annual growth at +7.4% Amanda Bryden, Head of Mortgages…
EAN Breaking News
UK Construction Sector Activity Remains Stagnant
Glenigan’s data shows construction sector performance is depressed in a tough socio-economic landscape The value of underlying (under £100 million) work starting on-site during the three months to the end of July declined 11% and fell 29% below last year’s levels. Residential construction starts fell sharply, declining 25% against the preceding three months and dropping…
EAN Breaking News
Suzy Lamplugh’s legacy underlines the need to always make lone-worker safety a priority
More than 40 years after estate agent Suzy Lamplugh disappeared while attending a work appointment, her legacy remains a powerful reminder that personal safety must be central to workplace practices. On 28 July 1986, 25-year-old Suzy Lamplugh left her London office for an appointment and never returned. Her disappearance led her parents, Diana and Paul…
EAN Breaking News
Prime London sellers return to market
The latest analysis from Beham and Reeves has found that the number of homes listed for sale at £2m or above across Prime Central London increased during the second quarter of 2026, although performance continues to vary considerably between the capital’s most prestigious neighbourhoods. Benham and Reeves analysed current Prime Central London property listings…
EAN Breaking News
House price growth remained subdued in July
UK annual house price growth slowed to 1.8% in July, from 2.2% in June House prices were up 0.1% month on month Average time in a home is 14 years: 24 years for those owning outright and 5 years in private rented sector Three quarters of moves were within same tenure type in 2024/25 Headlines…
EAN Breaking News
Rent hikes and tighter tenant checks as landlord costs climb
Rising costs are prompting 63% of professional landlords to raise rents, prioritise lower-risk tenants and reassess portfolios Renters face a more expensive and more selective rental market as professional property investors respond to re-emergence of realistic gilt yields, rising operating costs and regulatory change by increasing rents and reassessing tenant risk and selection criteria, according…
EAN Breaking News
North-South divide for time to move as Londoners see longest wait
New analysis reveals a north-south divide in the time it takes to move home: In London it takes 174 days on average to go from agreeing a sale to completing a move, whereas it takes 141 days in the North East Scotland is the fastest part of Great Britain at 98 days, due to the…
Rightmove
Bank of England Holds Interest Rates at 3.75%
Colleen Babcock, property expert at Rightmove says: “There’s stability for now as the Bank of England holds its Base Rate as widely expected. We’ve seen average mortgage rates increase over the last few weeks as geopolitical tensions have escalated, and the average two-year fixed rate is currently coming it at 5.11%. For broader context, this…
EAN Breaking News
Average new-build value to surpass £400,000
The latest research from UK Property Development has found that the average price of a new-build home in England is on course to exceed £400,000 by 2027, having risen steadily over the last decade alongside sustained growth across the wider British market. The research analysed average new-build house price data across Great Britain and its…
EAN Breaking News
Money and Credit – June 2026
These monthly statistics on the amount of, and interest rates on, borrowing and deposits by households and businesses are used by the Bank’s policy committees to understand economic trends and developments in the UK banking system. Key points: Net borrowing of mortgage debt by individuals increased to £7.7 billion in June, from £3.3 billion in…
EAN Breaking News