Newsroom

  • 23 May 2018

    Housing flood to hit market in 2019

    Latest research shows that 380,000 landlords are expected to put their properties on the market next year, risking a market flood. According to a report by the National Landlords Association...
  • 22 March 2018

    Average house prices increase

    UK house prices dipped by 0.3 per cent month-on-month in January, but climbed 4.9 per cent on a year ago to an average of £225,620, official figures show.  According to...
  • 14 February 2018

    Record rent paid in 2017

    According to recent research published by Nationwide, tenants paid £52 billion in private sector rent last year, the highest rent bill on record and more than twice the total amount...
  • 25 January 2018

    Equity release records broken in 2017

    A record £3.06 billion was taken out of British properties by 67,000 homeowners in 2017, up from £2.15 billion in 2016 and £1.6 billion in 2015. According to data from...
  • 18 January 2018

    Pop-ups proving a boost to startups

    Temporary or ‘pop-up’ shops are proving a huge success for both startups and landlords alike. Not only do pop-ups help to reinvigorate the high street and re-energise local economies by...
  • 4 January 2018

    House prices up by £28 per day in 2017

    The average price for property in UK stands at £311,910 in January 2018, a rise of 0.62 per cent since October 2017 and rise of 3.68 per cent since the...
  • 11 December 2017

    Value of rental property reaches new high

    UK rental property value has increased 6.4 per cent (£82.6 billion) since 2016, reaching a record high of £1.4 trillion. Despite concerns that buy-to-let investors would be put off by...
  • 4 December 2017

    Construction sector firing on all cylinders

    The UK construction sector output has risen at its fastest pace for five months, according to the latest IHS Markit's purchasing managers' index (PMI). Despite analysis predicting a much lower...
  • 22 September 2017

    Housing market slumps as London drag continues

    The UK housing market has dipped, exacerbated by a large -2.9 per cent monthly drop in house prices in London.   Data from the Rightmove housing price index for September...
  • 14 July 2017

    £1m-plus market shifting away from London

    Over half of properties purchased for over £1 million will be sold outside London this year, according to recent research. It found that between 2011 and 2016 there has been...
  • 7 July 2017

    Landlords face more rules in September

    The Prudential Regulation Authority, part of the BoE, will begin enforcing harsher standards for landlords with four or more mortgaged properties in two months’ time. Lenders may be required to...
  • 22 June 2017

    UK self-storage industry flourishing

    UK residents rent four times more self-storage space per person than those in France, and nine times more than people in Germany. Britain is now home to almost half of...
  • 14 June 2017

    Buyers borrowed £9.6bn in April

    Home buyers borrowed £9.6 billion in April 2017, according to CML, the Council of Mortgage Lenders. The figure is down 14 per cent on March, but up 19 per cent...
  • 13 June 2017

    ONS - Uplift in UK house price growth

    According to UK House Price Index April 2017 figures published this week by the Office for National Statistics (ONS), house prices increased by an average of 5.6 per cent between...
  • 26 May 2017

    New borrowing burdens for landlords

    A survey by the National Landlords Association (NLA) shows that 16 per cent of landlords believe they will be pushed into a higher tax bracket, as a result of the...
  • 12 October 2016

    House prices drop at fastest rate in five years

    A survey by Halifax and IHS Markit shows that UK house prices fell at the fastest rate in five years, with several regions hit by declining prices. Yorkshire and Humber...
  • 28 October 2016

    UK property taking 91 days to sell

    The latest City Rate of Sale report from the Centre for Economic and Business Research, issued by Post Office Money Mortgages, shows that UK property is taking on average 91...
  • 3 November 2016

    UK house prices six times the average annual wage

    UK house price growth slowed in October, but a standard home now costs six times the average annual wage. The report, published by Nationwide, showed that, after fifteen successive monthly...
  • 3 November 2016

    Drop in London rental prices

    According to a report by property investment firm Landbay, London rental prices dropped 0.11 per cent in October, whereas the rest of England saw an increase in rents by 0.15...
  • 3 November 2016

    UK construction sees a rise in business activity

    The latest Markit/CIPS purchasing managers' index (PMI) shows that construction output rose in October, driven by housing activity. According to the report, UK construction companies recorded a sustained expansion of...
  • 14 November 2016

    UK construction sector weakest in four years

    Official figures published by the Office for National Statistics (ONS) show that the UK construction industry performed at its weakest in four years in the first three months after June's...
  • 12 December 2016

    House prices rise again

    UK house prices hit a seven-month high in November, suggesting a resilient economy despite the Brexit vote, that's according to the Royal Institution of Chartered Surveyors (RICS) which recorded a...
  • 16 December 2016

    Days of small buy-to-let landlords are numbered

    In a recent interview with Patrick Collinson of the Guardian, Britain’s largest private landlord said he believes that the days of small buy-to-let landlords are numbered and that buy-to-let lending...
  • 22 December 2016

    What lies ahead for the property sector?

    According to a recent survey by the Royal Institution of Chartered Surveyors, there will be a 1.8 million shortfall in rental properties by 2025 due to the stamp duty increases...
  • 3 January 2017

    UK’s 2016 house price hotspots revealed

    The latest Halifax property data has revealed that Luton recorded the biggest percentage rise in property prices among major UK towns and cities in 2016. The average price in the...
  • 13 January 2017

    Fifth of UK property firms in financial distress

    Almost one in five companies in the British property industry in the UK are in significant financial distress, new research shows, with estate agents hit particularly hard. The report shows...
  • 26 January 2017

    Foreign investment boosts UK property market

    The latest Royal Institution of Chartered Surveyors (RICS) UK Commercial Market Survey 2016 shows demand from overseas buyers was up notably across all areas of the market in the fourth...
  • 3 February 2017

    UK Housing market resilient in 2016 despite Brexit

    Latest statistics from the National House-Building Council (NHBC) show the number of new home registrations in 2016 remained resilient, despite the uncertainty surrounding Brexit. 151,687 new homes were registered by...
  • 16 February 2017

    Surveyors predict rental property squeeze

    Surveyors have suggested that stamp duty and other tax changes will mean landlords may reduce the properties they have on their books, leading to sharp rent rises. According to the...
  • 22 March 2017

    Strong start for house prices in 2017

    According to the latest UK House Price Index from the ONS and Land Registry, average house prices in the UK have increased by 6.2 per cent in the year to...
  • 28 March 2017

    Drop in home loan borrowing in February

    According to figures from the British Bankers' Association, mortgage approvals fell to 42,613 in February, down by 4.6 per cent on the figure recorded in February 2016. Re-mortgaging also dropped...
  • 31 March 2017

    UK house prices fall

    UK house prices fell for the first time in two years in March, according to the latest report by Nationwide Building Society, but home ownership reached its lowest rate since...
  • 25 April 2017

    London property prices drop

    London property prices drop, but snap general election should have very little impact on the overall market According to Rightmove’s latest house price index, the average price of London property...
  • 7 October 2016

    Update: Judge dismisses buy-to-let legal challenge

    The High Court has dismissed the legal challenge brought by buy to let landlords*, with a representative from HMRC and the Treasury stating: "There are cases which justify the courts...
  • 6 October 2016

    Landlords fight Government over tax changes

    The challenge to new tax rules for landlords has began. From next year, landlords will no longer be able to deduct the cost of their mortgage interest from their rental...
  • 27 September 2016

    Tough new lending requirements for landlords

    The Bank of England's Prudential Regulation Authority (PRA) will announce new lending requirements for landlords in the coming weeks. Under the new lending requirements for landlords, to be announced by...
  • 14 September 2016

    Wages lag behind UK property inflation

    The latest Office for National Statistics (ONS) report shows that property prices have continued to rise, despite the Brexit vote in June. The news comes as official data from the...
  • 12 September 2016

    Brexit not yet impacting SME house builders

    A Federation of Master Builders (FMB) survey, the first one to be conducted since the Brexit vote, indicates the UK's decision to leave the EU has not yet impacted SME...
  • 24 August 2016

    Property sales steady in wake of Brexit

    According to figures released this week by HM Revenue & Customs, property buyers went through with sales in July irrespective of any uncertainty in the UK housing market following the...
  • 19 August 2016

    Property helps boost UK’s net wealth

    According to recent data from the Office of National Statistics, net wealth in the UK reached £8.8trn in 2015, with the average household worth £378,000. The value of homes has...
  • 28 July 2016

    Concerns for first-time buyers and over-45s

    A recent report has shown that a third of those over 45 living in London are concerned that they will never pay off their mortgages. Of those surveyed, 32 per...
  • 20 July 2016

    Construction SMEs owed billions in unpaid invoices

    Construction SME's, which make up 18% of all businesses in the UK private sector, are still facing challenges as a result of late payments. According to Richard Beresford, Chief Executive...
  • 12 July 2016

    UK commercial property rents up in June

    Whilst capital value slowed in June, commercial property rents were up 0.2 per cent, according to the latest CBRE index. Rental value growth was however down in the first half...