The cost of purchasing a home has seen a notable increase in recent years, impacting potential buyers across the UK. This rise in required income raises questions about
House Prices Set To Rise 1.5% By End Of 2024
Nikka Sulton
The average house price remains unchanged from May 2023 at £264,900. However, some regions are experiencing price increases, while others are seeing declines. Discover the latest trends in
Forecast: Rising House Prices Through 2024 and Beyond
Nikka Sulton
In June, UK house prices showed stability, as reported by the Halifax. This marks the third consecutive month without significant fluctuations in the market. The slight monthly decrease
Rent Prices Fall Amid Growing Pressure
Nikka Sulton
Knight Frank is raising alarms about the rental market in prime London locations, citing growing pressure to reduce rents due to a surge in property supply and a
Heads-Up: Rent Market Faces Ongoing Pressure
Nikka Sulton
Knight Frank has issued a warning about the increasing pressure to reduce rents in prime London postcodes due to a combination of growing supply and demand returning to
More Lenders Cut Buy-To-Let Rates to Attract Landlords
Nikka Sulton
Several buy-to-let lenders have recently adjusted their rates in response to heightened competition in the market. Accord, for instance, has introduced reduced rates for new buy-to-let borrowers across
Urgent Call: Pass the Renters Reform Bill Now
Nikka Sulton
The National Residential Landlords Association (NRLA) is urging the newly elected government to swiftly bring back the Renters Reform Bill. The association emphasises that reintroducing the bill should
Lenders Reduce Mortgage Rates as Labour Win Nears
Nikka Sulton
Three major lenders—Halifax, Natwest, and Clydesdale Bank—have recently announced reductions in mortgage rates ahead of anticipated changes following the upcoming Labour victory this week. Halifax and Natwest have
High-End House Prices Freeze as Election Looms
Nikka Sulton
Price growth in high-value prime areas has stalled due to the uncertainty surrounding the General Election, according to the latest analysis from Savills. Frances McDonald, director of research
UK Property Prices Rise in June Amid Costly Mortgages
Nikka Sulton
Despite facing high mortgage rates, UK house prices continued their upward trend in June, according to Nationwide. The annual growth rate saw a slight uptick from 1.3% in
