UK Property News Recap – 07.06.2024
This week, the “prime” league gained traction while the Home Builders Federation provided commentary on how to improve the game as Halifax & Propertymark revealed their statistics on the latest market movement. Developer Vestry made a significant signing to Blackstone Real Estate and Regis, and Bellway reserved more seats for
UK Property News Recap – 31.05.2024
This week the house prices indices competed for column inches. Unable to agree, they jostled for space with data for April and May 2024. Discontent with just this, Rightmove and Nationwide tried to settle pre-election slowdown nerves by showing past elections have had little to no effect on enquiries. Rightmove
UK Property News Recap – 24.05.2024
This week sellers flocked to market only to find buyers browsing. Confused by persistent base rate cut speculation that yo-yoed from June to August, and beyond, after inflation slowed but not at the rate hoped, buyers are taking their time to assess the stock on offer. The IMF provided
UK Property News Recap – 17.05.2024
This week played out like a game of Top Trumps, be it who was going to pay their mortgage for longer, who would do more for tenants, which country put up their interest rates the most, or who had the best legal advice when avoiding property tax. Welcome to another
UK Property News Recap – 10.05.2024
This week was centred around the impact the base rate is having. Housing targets have fallen short as developers stall delivery until borrowing is cheaper for both them and potential buyers. Hopes for an early base rate cut in May came and went, replacing new year optimism with scepticism as
UK Property News Recap – 03.05.2024
Topping and tailing this week, Zoopla and Nationwide released their house price indices. Rotten tomatoes voted Nottingham council as ‘rotten’ and Torridge ‘fresh’. Flats outshone houses, nimbys tried to stop the show, making it more costly for others to gain entry, and the lights failed due to the lack of
UK Property News Recap – 26.04.2024
This week reform needed work, Rightmove overexerted itself, affordability got stretched and first-time buyers were told something they already knew. Welcome to another UK Property News Recap - 26.04.24. The leasehold reform bill divides opinion The route to making the leasehold reform bill law is long and winding; plagued with bumps, obstacles,
UK property News Recap – 19.04.2024
This week, inflation falls short along with base rate cut expectations causing mortgage rates to increase. Legal challenges and promises are made while others are stalled. Annual and monthly data diverge while 2023 losses left the buy-to-let and construction sector reeling. Welcome to your UK property News Recap - 19.04.2024 The
UK property News Recap – 05.04.2024
This week, sellers “hop”ed for sales, first-time buyers bagged a few, Nationwide and Halifax prices melted and general approval increased. Keir Starmer promised a bigger selection, in years to come, to those who couldn’t participate in this year's property hunt as affordable and buy-to-let homes became unaffordable, hoping to secure
UK Property News Recap – 29.03.2024
This week the leasehold reform bill was picked at and spat out, MPs and Lords requesting a new serving. Lenders released their March data menu, some offering specials to first-time buyers to gain some free advertising. Transaction volumes increased…marginally….and affordability improved in some regions. Welcome to your weekly UK Property