Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
-
London rental costs much higher than official figures show
Based on the average asking rent of properties currently available on the market, the actual average cost of renting in London is £2,285 per month.
Read More » -
The great British pond puts home buyers off, research reveals
New findings from eXp UK show that the existence of a pond in a garden can shave £5K off the asking price.
Read More » -
BLOG: Making sense of the census – Dorian Gonsalves, Belvoir Group
Belvoir chief's analysis of Census 21 gives insights into the likely development and direction of the UK property market.
Read More » -
Conveyancing giant Smoove in talks with rival about takeover
The fintech conveyancing firm issues statement saying Australian company PEXA is interested in a buyout - but will shareholders agree?
Read More » -
TwentyCI: 70% of properties listed in Q1 have already been sold
The latest Property and Homemover Report reveals Q1 2023 saw 269,000 residential sales, although new Instructions are down on the quarter.
Read More » -
Buyers and sellers more positive about market despite mortgage pain
New research from estate agency Savills reveals a more positive attitude among buyers and sellers despite higher mortgage rates.
Read More » -
Rightmove: First-time buyers lead recovery as rents reach new high
While the number of sales agreed is now on a par with the same period in 2019 agreed sales volumes are now just 1% behind March 2019 defying the expectations of many.
Read More » -
Foxtons sees overall revenue up but property sales revenue falls
The company says it expected a drop in sales, but operational improvements and acquisitions will deliver a good year.
Read More » -
MARKET: 70% of homes listed in 2023 have sold, latest figures show
New Instructions stand at 587,605 with 374,280 sold subject to contract with some 197,245 completions in the last three months, says TwentyCI.
Read More » -
Tenant ‘squeeze’ set to continue says leading prime lettings agency
Fine & Country chief points to data showing PRS stock that remains static but demand that's been building ever since Covid faded away.
Read More »
