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10 hours ago · Today’s 0.25% reduction and the prospect of further cuts have been warmly welcomed by estate agents and will provide a major boost for both the property industry and the wider economy. And it will be given an even warmer welcome by Labour as it struggles to fulfil its growth pledge. The move comes ...

17 hours ago · The private rented sector is going through some of its biggest changes in decades and agents are finding it almost impossible to keep up with it all says Total Property’s CEO, Eddie Hooker (pictured). In a bid to get a more accurate picture of what is going on, Total Property, which provides a ...

Jan 16, 2025 · Bets are back on for an interest rate cut next month after inflation surprised many commentators by dropping to 2.5%. The Bank of England is set to announce its latest decision on 6 February, with economists now saying a cut from the …

Jan 20, 2025 · The controversial Renters’ Rights Bill that will ban Section 21 ‘no fault’ evictions is hurtling through Parliament. After receiving its third reading in the House of Commons last week it quickly passed the first stage in the Lords, and is to be debated again in just two weeks’ time.

2 days ago · The rental property market is showing clear signs of softening as both void periods and discounts achieved by tenants during pre-tenancy negotiations rise, it has been claimed. So says Goodlord CEO William Reeve (main image) whose firm’s data reveals rising rents but other indicators suggesting ...

Oct 29, 2024 · T. he property market stats are a bit ‘wobbly’ this month – Rightmove, Nationwide and Halifax showing a small uptick month on month, Home.co.uk and e.surv showing small falls.. So overall, despite the report headlines being quite upbeat, property prices themselves haven’t really moved that much, consistently anyway, over the last few months.

Daily property news in the UK residential sector focused on estate agents, letting agents, property auctions and property managers.

Jan 15, 2025 · In an unprecedented move, representatives of the housing industry have come together to write a strongly-worded letter to Housing Minister Matthew Pennycook outlining their concerns about the Renters’ Rights Bill and its potential to restrict access to housing. Exclude tenants with poor credit ...

Jan 14, 2025 · Property sellers are seeing the smallest profit gains in nearly 10 years, new figures from Hamptons reveal. The average seller in England and Wales is now making below £100,000 for the first time in three years. Last year, the average household sold their home for £91,820 more than they paid for ...