Comment on the latest ONS rental and house prices index

Co-founder of ideal flatmate, Tom Gatzen, commented:

While rental growth rates across the UK may have slowed, affordability issues remain prevalent across the sector and as more of us remain reliant on renting in order to put a roof over our head, prices will continue to climb.

With the wider market starting to pick back up, more consistent rates of rental growth are no doubt around the corner and the impending tenant fee ban is also expected to cause consequential rental increases.

In addition to the tenant fee ban, changes to stamp duty thresholds and tax relief also reducing supply, it remains an uphill struggle for those priced out of the property market and stuck in the rental sector. Only time will tell as to the long-term extent of these changes but it remains a tough place to be for those struggling with affordability issues.”

Marc von Grundherr, Director of Benham and Reeves, commented:

“Positive signs once again and the latest of a number of industry indicators that suggest the market is returning to good health.

While London continues to struggle a reduction in price growth decline is certainly a step in the right direction and the capital remains the most prestigious region of the UK where house price growth is concerned.

It’s important to note that the capital has also shouldered the majority of Brexit uncertainty, but as we’ve said time and time again, the returns to form are far swifter than the declines and we expect London will be back to full fitness before the year is out.”

Founder and CEO of Springbok Properties, Shepherd Ncube, commented:

“The first positive movement in the rate of house price growth in seven months will be warmly welcomed by homeowners across the UK and with a little help from the seasonal market bounce, it would seem that UK property is shaking off any lingering Brexit uncertainty.

This growth continues to be led by regional front runners with more affordable price tags and this will no doubt continues, however, it’s only a matter of time before we see more widespread growth across the board.

I think as a nation we’ve become bored of Brexit and so with no end still in sight, many buyers and sellers are returning to the fray, with this heightened market activity also helping stimulate price growth.”

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Home and Living

Best Budget Smartphones Under $200

In the rapidly advancing digital era, it’s no longer a luxury but a necessity to have a smartphone. Not everyone however needs or is able to pay hundreds of dollars for an expensive device. The good news is that there are numerous budget smartphones under $200 that provide great performance, decent cameras, and a long…
Read More
Rightmove logo
Breaking News

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…
Read More
Breaking News

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…
Read More
Visual blemishes on Roads due to service upgrades
Estate Agent Talk

Emergency Sidewalk Repairs: When to Act and Who to Call

Sidewalks are the unsung heroes of city infrastructure—quietly assisting tens of millions of footsteps every day. But when they crack, disintegrate, or shift all of sudden, they might quickly turn out to be volatile liabilities. In a town like New York, in which pedestrian site visitors are constant and belongings proprietors are legally chargeable for…
Read More
Breaking News

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,…
Read More
Breaking News

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…
Read More