UK Property News Recap – 11.10.2024.
House prices grow, and generations divide. Developers' profits tumble as construction picks up while cladding works are put on the clock. Welcome to another UK Property News Recap - 11.10.2024. Halifax House Price Index September 2024 Coinciding with wage growth and rate trims, UK house prices tiptoed up +0.3% in September 2024
UK Property News Recap – 04.11.2024
This week was all about moving on, be it prices, sales or estate agencies. Rightmove spurned the Rea Group’s moves, expectant of other more endowed suitors to now follow and Andrew Bailey teased that 25 basis point cuts in November could be on the cards if inflation plays ball. Welcome
UK Property News Recap – 27.09.2024
This week saw many looking to make the “right’move, but pricing remains a contentious issue for some. As rate and lender options are amended to look more attractive, market activity increased but planning application data has yet to follow suit. Renters and landlords saw reform terms upgraded but still wait
UK Property News Recap – 20.09.2024
This week, the base didn’t kick in, rents didn’t crescendo, but asking prices gave it a go. Indices provided a cacophony of sound, leaving PCL muffled. Earls Court exhibited just as rates were being trimmed and Lord Willets critiqued, calling it “perverse.” Welcome to another UK Property News Recap -
UK Property News Recap – 13.09.2024
This week construction data revealed the industry had hung up its hard hat to watch Taylor Swift and the Olympics over the summer. To help remedy this the government MADE steps to boost future housing. At the same time, property portals increased their online presence with acquisition bids or by
UK Property News Recap – 06.09.2024
This week was dominated by tenants' rights. Be it those involved in Grenfell or still living with cladding, Right to Buy or mould-invested properties owned by Labour MP Jas Athwal. Landlords questioned the profitability of investments in the Capital, opting to move out before any other potential tax increases could
UK Property News Recap- 30.08.2024
Labour’s plans to boost housing increased overall optimism among developers and lenders who’ve struggled to drum up business over August despite their various discounted offerings. Rayner's enthusiasm to release her new Taskforce on wayward planning councils is applaudable, but those who continue to live surrounded by cladding would prefer her
UK Property News Recap -23.08.2024
Falling rates lift market activity but prices remain seasonally sticky. Barratt waves away the CMA dismissively to bask in their future turnover glory after consuming Redrow. HMRC interrupted any “Capital” getaways booked by Property118 leaving landlords no time to “stamp” a postcard home. Curtailing any further summer frivolity, Rachel Reeves
UK Property News Recap – 16.08.2024
This week was all about growth. Inflation grew, but by less than predicted, which got the markets betting again. This time on two more base rate cuts this year, instead of one. GDP grew by 0.6% and house prices and rents also continued to edge up in various parts of
UK Property News Recap – 09. 08.2024
This week there was a largely consistent throughline: the once distressed market is quietly planning an end-of-year comeback that will carry through into 2025. Affordability remains stretched but recent rate trims and the base rate cut are encouraging buyers to look again. This is providing hope for sellers in need