Property News

A Government memo was leaked earlier this month expressing the commitment to launch a package that aims to fertilise property construction throughout London. Following weeks of speculation arising from the leaked memo, the Government has recently confirmed this direction to the public, arguing that it will bring about important changes to accelerate property construction. ‘Extraordinary...

Affordability continues to be a major hurdle. Aware that there is a market desire to purchase property, Barratt Redrow and Persimmon have partnered with Barclays and TSB to open more opportunities for prospective customers to invest in the property market. This initiative has materialised under the Rezide Equity Loan scheme, which, among other provisions, enables...

‘Landlords today are contending with perhaps the most complex operating environment in recent memory,’ Aneisha Beveridge, head of research at Hamptons, observed. Although some landlords are concerned about the future viability of the buy-to-let market, it is crucial to underscore that the sector is not expected to sharply decline. On the contrary, it is currently...

Ongoing efforts are being made by the Government to push the lending sector to support aspiring first-time homebuyers, some of whom are currently facing challenges in entering the property market due to market and lending conditions. ‘Helping first-time buyers onto the housing ladder’, Lucy Rigby, recently appointed Economic Secretary to the Treasury, said, ‘is central...

Heralded as news which is ‘injecting a renewed confidence into both buyers and sellers’, TwentyEA has forecast 2025 as the best year since 2022 in terms of the overall volume of property exchanges. In particular, TwentyEA has put this figure at approximately 1.18m exchanges in 2025. Such a forecast is underpinned by the first half...

Rent prices continue to spiral upwards. According to the ONS, the average private rents in the UK have increased by 6.7% from June 2024 to June 2025, with the current average monthly payment standing at £1,344. This increase is situated within a wider pattern of annual rent increases across the country, exacerbated by the lack...

The latest BBC Panorama documentary has underscored the malpractice of conditional selling in the property market, a malpractice whereby estate agents pressure prospective buyers to use their in-house services as a prerequisite for making a valid offer. This has been widely deplored as a way to leverage lopsided deals through deceit and manipulation in favour...

Despite the shifts in the UK economy since the start of the century, little changes have been made to lending rules for aspiring homebuyers. Yet the Financial Conduct Authority (FCA) has recently published a report assessing the present state of the UK housing market and outlining several proposals intended to adjust lending rules more favourably...

Analysts have observed a sharp decline in property prices over the past year. In some cases, property prices in prime London have fallen by up to 60%, a huge decline considering prime London’s reputation as an international investment hub, one undergirded by legal transparency, cultural prestige, and close proximity to the global economy. It has...