Property News

The UK’s private rented sector has experienced its largest decline this century. In 2025 alone, for example, the private rented sector lost £48bn in market value. Although the UK property market increased by 3.8%, the private rented sector declined by 5.1%. This signifies the third consecutive year of decline, a £79bn reduction in market value...

On 19 March 2026, the Bank of England unanimously voted to keep the bank rate at 3.75%. In early February 2026, markets predicted an 80% chance that the Bank of England would lower the bank rate in March, citing the relative stability of the market and modest increases in property listings and exchanges. Yet these...

A panoramic overview of the UK property market reveals that the market continues to hold steady. On the one hand, there have been some dips in important performance metrics, particularly when it comes to property exchanges. On the other hand, property price growth is continuing to be felt across most regions of the UK.  As...

On 5 February, the Bank of England’s Monetary Policy Committee voted 5-4 in favour of keeping the bank rate at 3.75%. This contrasted the overall prediction that the vote to keep the bank rate at 3.75% would be voted 7-2 or 6-3. Following the 5-4 narrow decision last week, there is a general expectation that...

Current taxation policies are corrosive towards property market activity, says Propertymark. The latest data underscores that the present taxation policies are constraining property exchanges, thereby reducing both seller and buyer activity across the UK. This barrier may cause significant issues to the property market if left unaddressed, and it is therefore useful to draw attention...

One of the largest development projects, the Druids Heath estate, has received the green light to move onto the next stage. Birmingham City Council, after months of pushback from campaigners threatening a judicial review challenge, has awarded the Druids Heath estate redevelopment a contract to Lovell, though the cabinet decision is subject to a call-in...

Despite the progress made in 2025 to reduce mortgage and inflation rates in order to incentivise consumer participation, several estate and letting agents have raised concerns regarding the property market in 2026. Underlying these concerns are the ways in which regulation compliance and financial factors will affect how estate and letting agents engage with the...

Culminating the year on a high note, the Bank of England slashed the bank rate on 18 December from 4.00% to 3.75%. This is the fourth time in 2025 that the Bank of England has reduced the bank rate, compared to only two times where the Bank of England voted in favour of bank rate...

As the year draws to a close, it is useful to highlight the positives and negatives that this year has witnessed for the property industry. It has been a noteworthy year. Important national policies have been passed under the Renters’ Rights Bill and Autumn Budget, the effects of which are yet to be fully seen....