Breaking News
Mortgage approvals bounce back in May
The latest figures show that: – Mortgage approvals on house purchases for May sat at 63,032 up 3.9% from 60,656 in April. The monthly increase seen in May marks the end of four months of previous decline, with approval levels having fallen each month since January of this year. Approvals are also 2.5% higher than…
EAN Breaking News
Money and Credit – May 2025
Key points: Net borrowing of mortgage debt by individuals increased by £2.8 billion to £2.1 billion in May, following a large decrease in net borrowing of £13.8 billion to -£0.8 billion in April. Net mortgage approvals for house purchases increased by 2,400 to 63,000 in May. Approvals for remortgaging also increased by 6,200 to 41,500…
EAN Breaking News
A Year on from Reform: Leasehold Practitioners Call for Clarity
A recent survey of ALEP members reveals widespread frustration over unfinished legislation and uncertainty A year after the Leasehold and Freehold Reform Act (‘LAFRA’) appeared on the Statute Books, a new survey of property professionals reveals that while reform remains welcome in principle, confusion and delay have left leaseholders, freeholders and their advisers in limbo….
EAN Breaking News
Countryside charm continues to drive downsizer demand
The latest research from over-50s property specialists, Regency Living, reveals that England’s countryside locations continue to attract strong demand for park home living and lead the way in quarterly growth during Q2 2025. Regency Living analysed current park home for-sale stock listed across every English county, identifying where demand has increased the most since Q1…
EAN Breaking News
South East tops table for shared living demand
The South East is home to the most competitive house share rental market in Great Britain. That is according to the House Share Demand Index for Q2 2025 from COHO, the HMO management platform, which found that one in five (19.9%) house share opportunities in the region were snapped up by tenants in the second…
EAN Breaking News
Surge in choice for home buyers drags house price growth down to 1.4 per cent
Zoopla cautions serious sellers to price realistically to secure a sale Sales activity continues to run at the fastest rate for four years, with more homes for sale meaning more buyers looking to secure a sale However, UK house price growth slows to 1.4 per cent as the number of homes for increases 14 per…
EAN Breaking News
UK monthly property transactions for May 2025
Headline statistics from the latest transactions data include: the provisional seasonally adjusted estimate of the number of UK residential transactions in May 2025 is 81,470, 12% lower than May 2024 and 25% higher than April 2025 the provisional non-seasonally adjusted estimate of the number of UK residential transactions in May 2025 is 80,530, 13% lower than May 2024 and…
EAN Breaking News
Construction Skills Mission Board (CSMB) shows the Government has a plan
The Construction Skills Mission Board (CSMB) held its first board meeting today (26 June 2025), where it set out a roadmap for recruiting 100,000 more construction workers a year by the end of Parliament. Richard Beresford, Chief Executive of the National Federation of Builders (NFB), said: “The Construction Skills Mission Board (CSMB) is a recognition…
EAN Breaking News
HMOs sell for up to 50% above market average
New research from Excellion Capital, the boutique debt advisory and investment firm, reveals that HMOs sell for as much as 50% above the average house price, further increasing their investment potential after it was revealed that HMOs also create rental yields of up to 12.5%. After previous research from Excellion Capital recently showed that the…
EAN Breaking News
UK buyers struggle while 50,000 homes sit empty
As the UK housing crisis deepens, new analysis by Open Property Group exposes a worrying surge in so-called “zombie homes”- properties that sit unoccupied and deteriorating while millions struggle to access affordable housing. Key insights: 50,000+ long-term vacant homes in England alone 23,000+ of these have been empty for more than two years Estimated £13.6…
EAN Breaking News
Breaking Property News 26/06/25
Daily bite-sized proptech and property news in partnership with Proptech-X. The UK is Europe’s second most distressed market despite headline GDP growth Retail and Consumers Goods has emerged as the most distressed sector in Europe, with distress levels now the highest since the global financial crisis, according to the latest Weil European Distress Index (WEDI). The…
Andrew Stanton
Over half of lettings agents have no plans to adopt AI
The latest industry insight from Inventory Base has revealed a cautious approach to artificial intelligence (AI) among UK letting agents, with over half (53%) of agencies stating they have no plans to adopt AI or automation in their operations. A new survey of UK letting agents, commissioned by Inventory Base* assessed current adoption levels of…
EAN Breaking News
Prime London Sees Rise in £2m+ Homes Entering the Market
The latest Prime Property Stock Index from Jefferies London reveals that the proportion of £2m+ homes entering the market across Prime London has climbed from 33% in Q1 2025 to 36% in Q2—signalling a growing level of confidence from sellers in the capital’s high-end property market. Jefferies London analysed market listings across key Prime Central…
EAN Breaking News
Second Reading of the Planning and Infrastructure Bill
Propertymark comments following the second reading of the Planning and Infrastructure Bill in the House of Lords Nathan Emerson, CEO at Propertymark, comments: “There is an ever-limited timeframe for the UK Government to deliver on their pledge to build 1.5 million new sustainable homes before 2029. It is positive to see peers challenge some of…
EAN Breaking News
These are the property hotspots
These are the property hotspots bucking the SDLT deadline price slide Last week, the latest UK House Price Index from the Land Registry revealed a sharp 3.7% monthly drop in average UK house prices during April 2025, following the expiry of temporary stamp duty support at the end of March. Further analysis by eXp UK,…
EAN Breaking News