Richard Donnell
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Regulation & Law
FTBs facing huge affordability squeeze – but will Tories help?
Zoopla’s Richard Donnell says long-term fixed-rate mortgages could help first-time buyers but this is a cohort that needs Government support.
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Latest property news
Rents rising slowing but tenants still face affordability squeeze, says Zoopla
Zoopla’s Richard Donnell says there’d no immediate prospect that rental affordability will improve in 2024 despite rental inflation predicted to halve.
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Latest property news
Property experts rubbish Labour’s 25-year mortgage plan
Shadow Chancellor Rachel Reeves believes longer-term loans could help buyers, but they won't work here property experts say.
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Latest property news
BLOG: Buyers return to market amid falling mortgage rates
Zoopla’s Richard Donnell says improvement in market activity looks to be rolling over into the start of 2024, driven by improving mortgage rates.
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Housing Market
‘Overheated’ lettings market sees rent rises calm down
There are signs asking rents have risen too high in some markets - there has been a spike in rental listings with rent reductions of over 5%, says Zoopla.
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Latest property news
Buyers negotiating £18,000 average discount off next home
The total number of homes for sale has reached a six-year high with higher mortgage rates helping to stoke the current buyer’s market.
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Housing Market
House prices dropping at most dramatic rate for a decade
Largest house price falls are concentrated in Southern England towns including Colchester (-3.5%), Canterbury (-3.4%) and Luton (-3.3%).
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Latest property news
Strong revenue growth slows surprising millon-pound losses at Zoopla
The extra revenue came on the back of price rises and the end of free of charge contracts the portal had offered during the Covid 19 pandemic.
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Latest property news
Tenants paying nearly 30% of their wages in rent, says Zoopla
Zoopla says tenants being forced to find smaller homes, move to cheaper areas or share a property with other tenants to reduce rents paid.
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Latest property news
Sales at a peak but interest rates threaten rest of year – Zoopla
The tentative recovery in the housing market looks set to weaken due to the Bank of England's pressure on interest rates, according to Zoopla.
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