UK Property News Recap – 14.02.2025
This week demand, profits and confidence dropped, service charges soared and house prices stagnated. Lenders finally pulled their finger out and started competing for business, post base rate cut, which in turn will boost sales and developer optimism but first time buyers may have to wait till later in the
UK Property News Recap – 07.02.2025
This week, increases in council tax were approved by Angela Rayner. Nicholson was “crest” fallen, Rightmove tapped up sellers, and while prime property prices faced losses, the prime rental market saw gains. Despite this and other news, the focus remained on the Monetary Policy Committee meeting to determine the UK
UK Property News Recap – 31.01.2025
This week was all about creating a corridor for growth within which development could flourish. Areas that currently remain affordable to rent and buy were earmarked, which could hamper their position next year, and reflections continue over the size of 2024 house price discounts as buyer preferences changed. Welcome to
UK Property News Recap – 24.01.2025
This week, Chancellor Rachel Reeves was busy in Davos trying to drum up business for the UK. In the process, she became a sycophant to the fleeing wealthy, listening intently to their various financial gripes and promising to ease their woes as they "klostered" around. Welcome to another UK Property
UK Property News Recap – 17.01.2025
This week, developers were eager to inform shareholders and anyone who would listen that they had made up some lost ground in 2024, while prime central London property prices decreased, along with the long-term profit accrued from years of ownership. House prices continued to slowly recover while rents alongside interest
UK Property News Recap – 10.01.2025
Rates continued to dominate the property headlines this week, whether due to their fallout, the lack of consistency, or how they will dictate market activity and prices this year. First-time buyers, unable to wait for the promise of better rates to materialize, are hoping to make up for it by
UK Property News Recap – 03.01.2025
After the holiday break, this short week served as a time for sober reflection and looking ahead to the year to come. The consensus among lenders and estate agents is that house prices are inching closer to the peaks of 2022 but still have some ground to cover. To offset