Thu 27 Oct 2022
overnment targets for new homes are consistently missed. In fact, at no point since the construction boom of the 1970s have 300,00 homes been built in a single year. Yet despite this, our cities continue to grow at pace. The latest market analysis by Unlatch, reveals which UK cities have seen the biggest expansion in the past ten years. …
Tue 18 Oct 2022
As ever, the old property mantra of location, location, location certainly plays its part here. However, even when taking London out of the equation, an extra bedroom can add serious value to your home and help you beat the house price dip.…
Sat 11 Jun 2022
This means that the capital’s sellers remained less expectant compared to the wider UK market, with the gap between the average mortgage approval price (£518,333)and the average asking price (£653,333) sitting at just 26%.…
Tue 10 May 2022
Prince Charles took over the responsibility of laying out the government's plans for the next year following the Queen's decision to pull out of the ceremony yesterday. So, with the Renter's Reform Bill in and Planning reforms out, how did the UK property industry react?…
Fri 22 Apr 2022
This latest increase comes on the back of a 15.3 rise in January.Tom Bill, head of UK residential research at Knight Frank, said Removing the distortive effect of stamp duty changes, property transactions in March this year were the highest they have been for the month in ten years.…
Mon 21 Mar 2022
While demand remains at record levels and supply tight, the Bank of England's decision last week to raise the base rate to 0.755 is a step closer to normality for the UK housing market, according to the latest insight from Knight Frank.…
Mon 21 Mar 2022
While demand remains at record levels and supply tight, the Bank of England's decision last week to raise the base rate to 0.755 is a step closer to normality for the UK housing market, according to the latest insight from Knight Frank.…
Tue 01 Mar 2022
In January 2021, estate agents across England and Wales had an average of 33 properties on their books. This included both available properties and those sold subject to contract. Last month, that figure had fallen to an average of 26 properties.…
Sun 06 Feb 2022
House price growth has made a strong start to 2022 with demand continuing to outstrip supply, according to this morning's data and market analysis from Nationwide. The figures show that annual house price growth increased to 11.2% in January, from 10.4% in December - a month on month rise of 0.8% and the strongest start to the year since 2005. The average price of a home in the UK now stands at £255,556.…
Wed 15 Dec 2021
In a year that remained largely overshadowed by Covid uncertainty, we saw a consistently resilient property market continue to post extremely strong levels of house price growth. The latest UK House Price Index shows house prices are 11.8% higher than a year ago, the third month we’ve seen a double-digit rate of annual growth in the last four months alone.…
Mon 29 Nov 2021
Inevitable price corrections are underway in the UK property market following unprecedented rises due to the pandemic. However, the dips are slight, for now, due to extraordinarily low levels of property on the market - with Home.co.uk saying that levels of unsold property have never been so low.…
Sat 06 Nov 2021
The Bank of England voted to hold the base rate at 0.1% yesterday – despite rumours they would finally raise it.…
Fri 29 Oct 2021
The volume of property selling for above the asking price has seen a 10% month-on-month decline, according to newly released data, signalling the first signs of the market beginning to settle and the end of months of intense bidding wars.…
Fri 08 Oct 2021
Over the last 18 months, a number of measures were put in place to protect tenants who were unable to keep up with their rent payments. This put a strain on landlords and the lettings market as a whole, with the government easing these rules back gradually to help all parties involved recover from the effects of the pandemic.…
Thu 30 Sep 2021
Confidence and resilience in the housing market are expected to remain high beyond the end of government support, as falling numbers of prospective homeowners cite the risk of job losses as a barrier to purchase a property.…
Wed 22 Sep 2021
The latest figures from HMRC have revealed that residential property transactions climbed to 98,300 in August - a 20.8% rise against August 2020 and 32.0% higher than July 2021.…
Wed 22 Sep 2021
New research by Money.co.uk has revealed the postcodes in the UK where house prices have soared over the last twelve months as well as the most unusual and rudest postcodes in the UK and their effect on your house price. Here's what they found:…
Thu 16 Sep 2021
A new study from lettings experts Goodlord and Vouch, involving 550 agents and 1,700 tenants from across the UK, has revealed in detail which pandemic-induced shifts have proved short-term, and what market movements look set to reshape the industry permanently.…
Fri 03 Sep 2021
The rankings are calculated based on the biggest changes in the number of homes being marked sold subject to contract and the number of new sellers putting their homes up for sale, compared to July last year.…
Wed 04 Aug 2021
With the average homeowner occupying their property for an average of 21 years, new research highlights how the new-build market has outperformed the rest both where price growth and price premiums are concerned since the turn of the millennium. Warwick Estates analysed new-build and existing house prices between 2000 and 2021 and found that across England and Wales, the average new-build has increased in value considerably.…
Mon 19 Jul 2021
The tapering of the stamp duty deadline seems to have had little effect on the levels of demand currently being seen in the property market. Rightmove reports that they have seen their busiest first half of a year ever recorded, with buyer demand pushing the average price of property coming to market to a new record high for the fourth consecutive month, and £21,389 higher in just six months.…
Tue 06 Jul 2021
There is lots of talk in popular property investment forums, podcasts, and training academies about “goldmine” areas, meaning areas that are good for investing. The people using this term rarely define what they mean and exactly what constitutes a good area for investing. Let us fix that.…
Fri 18 Jun 2021
Discounted houses will be available to first-time buyers for almost a third off the market price under a new government scheme that launches today.…
Fri 21 May 2021
The reopening of the market and the additional draw of a stamp duty holiday have clearly helped revive home seller intent across England and Wales, with 77,803 homes listed for sale in 2021. The latest data from GetAgent.co.uk highlights where activity is currently the strongest.…
Mon 10 May 2021
A new mortgage guarantee scheme was announced this spring, with the goal being to help first-time buyers and aspiring home movers purchase a home with a smaller deposit.…
Tue 04 May 2021
House prices are 7.1 per cent above their level a year ago as the boom continues. The latest house price index, from the Nationwide, says it’s still the stamp duty holiday driving business.…
Sun 11 Apr 2021
Predicting the property market is never easy. No one could have forecast the events of 2020 prior to them happening. However, it's hard to argue against solid data and with pent-up demand brewing amongst house hunters being reported across the country, it's likely that another boom is on the cards.…
Wed 24 Mar 2021
London’s residential market appears to be showing renewed signs of life thanks to the rollout of the government roadmap and vaccine - not to mention the stamp duty holiday extension.…
Wed 03 Mar 2021
Despite the stamp duty holiday extension stealing the headlines in this afternoon's budget, the other major announcement for the property market was the confirmation of the new mortgage guarantee scheme, set to launch from April.…
Wed 03 Mar 2021
Chancellor Rishi Sunak says the stamp duty holiday will be extended from March 31 to June 30; "and then, to smooth the transition back to normal, the nil rate threshold will be £250,000 until the end of September." …
Thu 25 Feb 2021
Rightmove estimates an additional 300,000 property transactions in England could benefit from the extension to the tax saving, based on previous HMRC data. If the additional 300,000 transactions made it through, buyers could save £1.75 billion in total.…
Tue 09 Feb 2021
New research by lettings and estate agent, Benham and Reeves, has revealed which London boroughs are currently ranking as the home selling hotspots of the capital, based on the number of homes listed for sale per square kilometre.…
Thu 07 Jan 2021
Fairer, more secure and an end to a life-sentence of misery for 4.5m leaseholders. Some of the biggest reforms to English property law for forty years have been revealed by the government as it vows to end complex leaseholds costs.…
Fri 01 Jan 2021
Annual house price growth accelerated further in December, reaching a six year high of 7.3%, up from 6.5% in the previous month, according to the latest Nationwide house price index.…
Thu 17 Dec 2020
The government has confirmed that it “does not plan” to extend the temporary relief offered to property buyers via the stamp duty holiday. Estate agents, surveyors and solicitors were among those hoping that the chancellor Rishi Sunak would extend the deadline beyond 31 March to help stimulate the housing market next year.…
Tue 17 Nov 2020
There are a wide range of influences that can prompt people to buy or sell in the run up to Christmas. With market momentum showing no signs of slowing down, we've pulled together the key reasons to explain what's behind property market activity at this time of the year.…
Fri 06 Nov 2020
The trend of buyers apparently fleeing the city to get more for their money in the country has hit the buffers - at least if vendors want to go to a National Park.…
Wed 14 Oct 2020
The data, which looks at the average asking price for two-bedroom flats and three-bedroom houses across the regions, shows that asking prices in Yorkshire and The Humber have risen by more than any other region since the market re-opened.…
Fri 09 Oct 2020
Shaw & Co Estate Agents, ran a campaign this summer to raise money to help the NHS charities, during the COVID pandemic. The campaign ran from 1st June till the 31st August 2020, on all new sales instructions which came through our NHS “help the hero’s” advertising.…
Wed 30 Sep 2020
The latest market analysis from Rightmove has revealed that there are nearly 40% more sales currently going through the buying and selling process compared to this time last year, leading to congestion of sales in progress. Arguably spurred on by lockdown, the trend of up-sizing to a larger home has continued at pace over the past month, leading to record asking prices in the second-stepper sector, made up of three- or four-bedroom homes.…
Thu 17 Sep 2020
Properties are more likely to find a buyer if the initial asking price hasn’t been altered, Rightmove claims. The portal tracked more than 300,000 homes that were first put up for sale between May 13 and July 31 and found that sellers are twice as likely to find a buyer for their home if the asking price it is first listed at does not have to change. …
Fri 04 Sep 2020
According to newly released data from Rightmove, more sellers are finding a buyer within a week of putting their home up for sale than at any time over the past ten years, a 125% jump on the same period last year and 28% higher than the previous high recorded back in February 2016 before the Brexit vote.…
Thu 20 Aug 2020
"Whether you’re looking to get on the property ladder, move home, buy another property or add to your portfolio, now is a good time to get moving in the current climate as the housing market is particularly buoyant."…
Tue 04 Aug 2020
New homes, shops and hospitals are set to have the red tape cut after Housing Secretary, Robert Jenrick, announced new rules to planning following the PM's £5bn pledge to "Build, build, build" as part of the government's economic fight against Covid-19.…
Thu 16 Jul 2020
It has been a week since Chancellor Rishi Sunak raised the Stamp Duty threshold to £500,000 until March 31 2021 and EYE’s inbox is already bursting at the seams with analysis.…
Wed 08 Jul 2020
Chancellor Rishi Sunak has delivered his summer statement to the commons, outlining the government's plans to get UK finances back on a sustainable footing after the impact of Covid-19.…
Wed 24 Jun 2020
Despite the huge rebound in activity expected to subside in the coming weeks, elevated demand and stock levels 15% lower than a year ago, is creating upward pressure on house prices.…
Mon 15 Jun 2020
According to the figures, average asking prices of property coming to market in England was up by an average of 1.9% (+£6,266) to £337,884 this month compared to March, before the housing market was put on hold.…
Tue 02 Jun 2020
Restrictions introduced a decade ago after the financial crisis are holding back many first time buyers from purchasing a home.That’s the claim from the Intermediary Mortgage Lenders Association, which is calling on the government to consider easing these restrictions in the wake of the Coronavirus crisis. …
Wed 20 May 2020
The number of new rental listings reaching the market has soared as much as 44 per cent in some areas following the ‘un-freezing’ of lettings activities by the government.…
Fri 15 May 2020
After seven weeks of suspended animation, the news that the Government has reopened the property market was met with much relief. After two false starts – in Sunday and Monday evening’s ministerial updates – hope was finally restored early on Tuesday evening as it was confirmed that the first wave of lockdown easing would apply to our industry with estate agents permitted to operate once more …
Fri 01 May 2020
Voices from across the property industry are calling for a stamp duty holiday to resurrect a market left at death’s door by the coronavirus outbreak.…
