UK House Prices Increase by Nearly 1% in March 2023
UK house prices increased unexpectedly last month, the latest data from Halifax shows. The latest house price figures suggest that the market may be boosted by the recent...
UK Mortgage Rates Predicted to Fall Amid a Return of Ultra-Low Interest Rates
Banks and building societies look set to cut the costs of UK fixed-rate mortgages in the short to medium term after the International Monetary Fund (IMF) predicted that ultra-low...
Net Zero Targets and Tenant Demands are Pushing Investors to Buy New Build Property
Government net zero targets and tenant demands lower running costs are forcing more landlords to invest in new-build homes. Investors with old and draughty rental properties...
UK Property Market Returns to “Pre-Pandemic Norm” in March 2023
Research from TwentyEA reveals that 70% of UK property listed in the first 12 weeks of 2023 went on to be sold, which is the same as the long-term pre-Covid 2019 levels. ...
UK Housing Market Conditions Exceed Expectations
The UK real estate housing market is exceeding expectations despite weaker market conditions. Zoopla's latest data shows that although demand for homes is down compared to...
UK Rents Increase in March, and Show No Sign of Slowing Down
Good news for investors as both rents and voids proved remarkably sticky during March, according to the latest Goodlord Rental Index, with figures holding steady month on month....
Rising House Prices Beat Inflation in a Whopping 22 UK Cities
According to a recent study conducted by eXp UK, a personal estate agents network, house prices across 22 major UK cities continue to outperform the current rate of inflation,...
UK Rental Stock Supply Shortage as Demand Increases by 50% and Pushing Rents Up
An investigation by the BBC and Zoopla shows a sharp drop in the volume of available rental units in the past 18 months.
UK Property's Highest Growth Areas together with the Most and Least Expensive Areas
Zoopla’s monthly House Price Index reveals the districts, cities, and regions where house prices are rising the fastest, along with the cheapest and most expensive places to buy a...
Banks Continue to Reduce Mortgage & Finance Interest Rates Despite BoE Increase
Amid greater competition for new business mortgage lenders continue to make reductions across their mortgage and finance products covering fixed and variable rates and including...
Interest Rates Raised to 4.25% by Bank of England – Still Lower than the US & UAE
Interest rates have been increased to 4.25% from 4% by the UK’s central bank to get inflation under control and following the increase in rates by US federal reserve bank, which...
London Rents Jump 5% in a Single Month, and are 23% Higher Than a Year Ago
New figures today from London agency Foxtons show that the average rent in February 2023 rose five per cent from the previous month, reaching over £570 per week, which exceeded...
Understanding Property Due Diligence: What Is It & Why Is It Important?
Good property due diligence and research will provide investors with a solid overview of the positive and the negative associated with a given property and offer. This is very...
Property has Increased by Over 240% in Some Areas of London Since 2009
UK property has rebounded at an incredible rate since the financial crisis, and after the recession that ended in 2008.
UK Property Asking Prices Increase by Nearly 1% to £365,357 During March
The average price of property coming to market increased by 0.8%, or £2,906, this month, to £365,357 mainly due to a 1.2% jump in the largest homes sector, according to Rightmove.
Hong Kong has the Highest Proportion of Overseas Ownership in 53% of London’s Boroughs
Foxtons have revealed that Hong Kong accounts for the highest proportion of residential homes registered to foreign addresses in 17 of London’s 32 boroughs, with HK accounting for...
City Centre Living in the UK Returns to Pre-Pandemic Levels
Activity within the letting market will increase as we head into the warmer spring months in the UK according to Nicky Stevenson, MD of Fine & Country.
UK Government Misses New House Building Targets by 45%
Fresh analysis by Sirius Property Finance looked at historic dwelling completion figures across England stretching back to the late 1970s, before analysing dwellings built versus...
Weaker British Pound Provides Property Bargains for Middle East Investors
Overseas investors are receiving an effective bonus of £40,000 off the purchase of a UK buy to let, according to leading lettings agency Benham and Reeves.
30% Increase in the Value of the UK’s Private Rental Sector Properties (PRS)
Sirius Property Finance has analysed the current PRS sector by looking at the level of stock, the current market value, the current average yield and how this has changed since...
London’s Up and Coming Areas See House Price Increases of up to 64.5%
London’s most up-and-coming areas have seen property price increases of up to 64.5% over the last 12 months, according to research by Benham and Reeves.
The Halifax Bank Reported a rise of 1.1% in UK Property Prices in February 2023
House prices recovered in February month-on-month and are continuing to show year-on-year growth, according to the latest data from the Halifax.
Rents Increase in February as Void Periods Drop by 20%
The rental market is firing on all cylinders according to the latest market snapshot from PropTech firm Goodlord.
Five-Year Mortgage Fix Falls Below 4%
The interest rate on a five-year fixed rate mortgage has now fallen back to below 4% for the first time since the financial market uncertainty in September 2022.
UK’s Building Boom Hotspots Revealed
UK Developers are steaming ahead with planning applications as research has pinpointed areas of Britain set for a property building boom in the coming months.
Rents are Set to Soar in the UK as the Supply of Rental Properties Shrinks
New research from TwentyEA shows that there is a lack of rental properties in the maret and this is pushing rents higher. On average rents were £1,652 per calendar month (pcm) at...
Real Estate Investment is Paying Off for Wealthy Investors
Real estate was one of the key drivers in four in 10 ultra-high-net-worth individuals (UHNWIs) growing their wealth in 2022 despite a year of ‘permacrisis’.
UK Rental Yields Increase by 2.5% Since the Beginning of 2022
Rental yields have increased by as much as 2.5 per cent in the past year as rent values outperform house prices.
Average UK House Prices Have Risen Nearly £50,000 Since the Start of 2020
The average price of a home in the UK has increased on average by almost £50,000 since the beginning of the Covid-19 pandemic.
Singapore Nationals Help Drive UK Property Market Activity
New research by Benham and Reeves, highlights that a supporting cast from Singapore is helping to drive UK market activity.
Mortgage-Free Buyers Boost Prime London Market
Prime London property demand is on the rise but mainly for those without the need for a mortgage, new data suggests.
Property Remains the Asset Class of Choice for Investment in the UK
With banks and building societies providing poor returns it is not surprising that thousands of people continue to turn to residential property as a means of supplementing their...
Prime Central London Apartment Sales Increase as Overseas Investors Return
Apartments are back in demand in Britain’s most expensive rental enclave of Prime Central London (PCL) locations a lettings agency says.
Stamp Duty Changes Having a ‘Positive’ Impact on Property Market Confidence
Stamp duty transactions increased by 10% in Q3 2022 compared to the previous quarter, according to HM Revenue & Customs, while receipts rose by 11%.
2023 UK Property Market Predictions - What Could Happen to UK Housing Next Year?
2022 was an exciting year for the UK property market, as the post covid recovery continued. There was record growth in house prices and rents across the UK which is great news for...
Rental Growth in the UK Property Market!
Annual rental growth strengthened for the third month running, with average rents up 7.9% across Great Britain at the same time last year. Rental growth was led by Scotland where...
Is Cash now King for Investors? An Insight
A leading buying agent has claimed that, with the mortgage market still in turmoil after the disastrous mini-budget (and its near total reversal), there is an opportunity for...
UK Private Rented Sector Homes to Surpass 5 Million
Specialist rental platform, Ocasa, claims that England’s Private Rented Sector (PRS) could surpass 5 million homes by 2025.
UK Property Investment Continues to be a Safe Haven for Overseas Investors
The latest figures show almost 250,000 homes in the UK are now owned by overseas nationals. In the current market, that is £90.7bn worth of property, suggesting that the UK...
Top Agency says that UK Rents are Continuing to Rise
Rental growth is continuing with average rents up 8.3 per cent on the same time last year according to Hamptons, the lettings agency.
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