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Housing market rebounds as buyers return

The UK’s housing market showed signs of recovery in January as lower mortgage rates encouraged more buyers to resume their property search.
That’s according to Hamptons, who say that the search is being led by first-time buyers and second-s…

Housing market is showing signs of recovery as prices and sales edge up

The UK’s housing market is showing signs of recovery, with prices rising slightly and sales surging, according to a report by Rightmove.
The property website said that the average asking price for a new seller increased by 0.9% (+£3,091) this mon…

UK housing market continues to improve but rent growth slows

The UK housing market showed further signs of recovery in January 2024, according to the latest survey by the Royal Institution of Chartered Surveyors (RICS).
The survey, which covers various aspects of the residential market, revealed that all key ind…

Mortgage rates fall and buyer confidence rises

The UK housing market is showing signs of recovery in 2024, as mortgage rates fall, buyer confidence rises, and sales activity increases, according to a leading estate agent.
Nicky Stevenson, the managing director of Fine &

Landlords expand and diversify their BTL portfolios amid market confidence

More than half of buy to let landlords have increased their property holdings in the past year, a new study by The Mortgage Lender (TML) has found.
The research, which surveyed more than 1,000 residential BTL landlords, showed that 52% of them acquired…

Zoopla reports a rebound in the housing sales market

Zoopla has revealed that the housing sales market has improved in 2024, despite a drop in prices last year.
According to its House Price Index, annual UK house price falls have moderated again and stand at -0.8%, to the end of December

Rents hit new highs but growth slows down

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.

London retains its crown as the capital of £1 million homes

Despite a pandemic-induced surge in demand for spacious and rural properties, London remains the undisputed leader in the £1 million home market, a new report by Savills shows.
The property firm estimates that there are 670,100 homes worth £1 million o…

UK housing market shows signs of recovery but landlords are ‘scarce’

The UK housing market improved in December, with buyer demand stabilising and sales activity picking up but there remains a shortage of homes to rent, the Royal Institution of Chartered Surveyors (RICS) says.
Its latest UK Residential Survey

Scottish property tax revenues soar

The Scottish Government collected more than £600m from property taxes in the last year, a leading property firm has revealed.
DJ Alexander Ltd, the country’s biggest lettings and estate agency, analysed the latest statistics and found that Land a…

Region with the best house price growth in Britain revealed

One region has outperformed all other regions of Britain in terms of house price growth since the Bank of England began to hike interest rates in December 2021, a study reveals.
According to GetAgent.co.uk, it used seasonal adjustment to measure the tr…

New home sellers boost UK property market with price rise

The UK’s property market has seen a surge of new sellers and buyers entering the market in January to boost prices by more than double the 20-year average of +0.6%, Rightmove says.
The property platform adds that the average price of property lis…

More tenants looked to move to areas with lower rents in 2023

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 rent growth slows after hitting price peak

The UK’s rent price growth is cooling down after reaching its highest point in three years with one prediction that rises will drop from 9.7% to 5% in 2024 – the lowest since September 2021.
The prediction comes from Zoopla

Sellers lower prices as housing market cools down

The UK housing market saw a bigger than usual drop in new seller asking prices this month, as sellers became competitive in a more stable and less frenzied market.
According to Rightmove, the average asking price for a newly listed property fell by 1.9…

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