Home buyers and sellers can expect an end to “gazumping” in a major shake-up aimed at speeding up housing sales. Legally binding sales agreements will be introduced earlier to stop buyers or sellers walking away at a late stage in the process without a legitimate reason. In England and Wales, buyers can currently be outbid […]
15 June 2026: Largest June Drop In 14 Years As Supply Outstrips Demand The price of property coming onto the market slipped by 0.6% – just over £2,000 on average – this month as sellers compete to attract summer buyers, writes Laura Howard. This month’s price drop is the steepest recorded for June in 14 years by Rightmove and puts the average asking price at £376,191– a fall of around 0.5% compared to this time last year. Typically, June sees modest price […]
taff Writer, Staff Editor Shutterstock Use our mortgage calculators to help you work out how repayments will affect your household finances, if you could save money by remortgaging, and the beneficial impact of overpaying. 16 February 2026: Rightmove Optimistic As Affordability Improves House price growth has flattened in February, according to Rightmove, although the property portal says January’s surge in asking […]
The UK government is on course to miss its London housing targets by a wide margin after plunging new home sales led to a collapse in the number of new apartments under construction. Just 5,547 homes were started in the UK capital last year, an 84% drop from a decade earlier, according to data compiled […]
20 August 2025: Falling Interest Rates Drive Inflation Average UK house prices increased 3.7% in the 12 months to June 2025, according to the Office for National Statistics (ONS), writes Bethany Garner. This rise takes the average price to £269,000 – a £9,000 increase compared with 12 months ago. Prices were up 1.4% in June. The ONS […]
It’s been a tough five years for UK property investors and 2024 has maintained the trend. Outflows from open-ended funds continue, another big name fund has announced its closure, while investment trust performance has been poor, with discounts widening. ver the past 12 months, almost £1 billion has been withdrawn from UK-domiciled funds making direct […]
Don’t try and time the market either at the lowest price,’ says real estate CEO CBC News · Posted: Oct 23, 2024 4:00 AM EDT | Last Updated: 7 hours ago While sales have remained steady since last year so far, experts are saying they are seeing signs of a balanced market. (Colin Butler/CBC News) Whether you’re buying […]
More UK households have defaulted on their mortgages in the last quarter, new Bank of England data shows, and the situation is likely to worsen in the run-up to Christmas. UK lenders have reported that the default rates on secured loans to households increased in the third quarter of this year, and are expected to […]
18 September: July Marks Fifth Month Of Consecutive Rises House prices rise 2.2% in the year to July Fifth consecutive month of annual increases Average home now worth £290,000 Annual house price inflation is running at 2.2% in the year to July, according to the latest data released by the Office for National Statistics (ONS), writes […]
Figures from Rightmove show inquiries to estate agents since 1 August up 19% compared with a year ago The first Bank of England rate cut in four years has triggered an immediate upturn in the UK property market, as cheaper mortgages prompt interest among buyers and drive up house prices. Figures from the property website Rightmove show the number […]
