Despite predictions of a UK house price crash in 2023, new data shows that prices were resilient.
The UK house price index from the estate agents Yopa reveals how the property market fared despite the cost-of-living crisis and higher interest rates.
Rents in the UK reached new records in 2023, but the pace of growth slowed down significantly compared to previous years, according to Rightmove.
There are also signs that some areas are seeing the tenant affordability ceiling being reached.
House sellers in the UK pocketed an average of £100,000 more than they spent on their property in 2023, according to new research by Hamptons.
The estate agency said that 93% of sellers in England and Wales made a profit on their home last year
Renters in the UK paid an extra £1,488 per year on average in 2023 as rent prices soared by a record high of 10.2% year-on-year in December, according to a new report.
The research from Hamptons, found that rent prices broke 2022’s record of 7.7%.
A new report reveals that one of the main trends in the private rented sector (PRS) last year was the shift of renters from urban to rural areas, as they sought more affordable and spacious homes.
Rightmove found that 54% of renters who searched for a…
UK mortgage approvals are expected to decline by 24% in 2023 compared to the previous year, research reveals.
According to a study by GetAgent.co.uk, the research analysed monthly mortgage approvals over the past five years and found that between Janua…
London’s rental market is showing signs of recovery after a pandemic-induced slump with news that the supply of new rental listings grew steadily in September, up 10% year-on-year.
That’s according to estate agents Foxtons, which also warns…
Propertymark has revealed its concerns and opportunities for landlords, buyers, tenants, sellers and investors in 2023.
And its annual report highlights that more people than ever before are looking for a home in the private rented sector.
There’…
The demand for rental property is still outpacing supply and rent growth is still rising – so the sector starts 2023 very much like it ended 2022, one property expert says.
Nicky Stevenson, the managing director of Fine &
The demand for rental property is still outpacing supply and rent growth is still rising – so the sector starts 2023 very much like it ended 2022, one property expert says.
Nicky Stevenson, the managing director of Fine &
Most letting agents say they expect to see more landlords leave the market in 2023 – against a backdrop of rising arrears and falling house prices.
The findings come from a survey of more than 160 industry professionals as part of Goodlord’…
The average new seller’s asking price went up in January after two months of falls, Rightmove says.
According to its house price index, house prices grew by £3,301 or 0.9%.
However, the average asking price is still £8,720 lower than its peak in Octobe…
After several real estate firms, lenders and property platforms predicted that house prices would fall in 2023 by up to 10%, one organisation says that a steep fall won’t happen for a range of reasons.
The National Association of Property Buyers (NAPB)…
A survey has revealed that landlord confidence is ‘robust’, though many worry about the government’s meddling in the private rented sector (PRS) and want changes to capital gains tax allowances reversed.
The findings from property len…
2023’s housing market will be a lot calmer than has been seen in the last two years because the economic downturn has hit both demand and sales, one leading real expert says.
The managing director of Fine &
info@gracecharlesinvestments.com
of Norwich City Football Club