The average cost of a home in the UK has climbed to £269,000, according to newly published figures, marking a 3.7% rise over the past year. This increase
UK Property Prices Jump 3.7% in June
UK Inflation Hits 18-Month High
Nikka Sulton
Consumer price inflation rose to 3.8% in July, up from 3.6% in June, driven largely by rising food and transport costs. According to figures from the Office for
Reeves’ Homes Levy ‘Tax on Families’
Nikka Sulton
Labour’s proposal to introduce a new levy on homes worth more than £500,000 has been met with strong criticism, with many branding it a “tax on ordinary Londoners”.
Labour Council Doubles Landlord Fees
Nikka Sulton
A Labour-run council is facing backlash after proposing a sharp rise in landlord licence fees, almost doubling the charge compared to its previous pilot scheme. Under the earlier
Landlord Purchases Slump Over Bill
Nikka Sulton
The UK’s buy-to-let market has seen a sharp decline in landlord activity, with the number of property purchases dropping significantly over the past year. According to new analysis,
Rent or Buy as Rates Fall? Readers Weigh In
Nikka Sulton
Earlier this week, we asked readers whether they thought it was better to rent or buy in today’s housing market. The discussion followed the Bank of England’s latest
4 Renters’ Rights Bill Details You Missed
Nikka Sulton
With Parliament currently on its summer break, the Renters’ Rights Bill is scheduled to move forward once MPs return in early September. At that point, the legislation is
UK Homes See £10,000 Price Cuts
Nikka Sulton
Homes across the UK are now selling for an average of £10,000 below the asking price, as sellers adapt to a more cautious buyers’ market. Many are cutting
Labour Sees Rise in No-Fault Evictions
Nikka Sulton
The number of “no-fault” evictions has risen sharply under Labour, as many landlords move quickly to reclaim properties ahead of upcoming rent reforms that will outlaw the practice.
Mortgage Rates Fall to 3.73% After BoE Cut
Nikka Sulton
Two major UK lenders have now moved further into the sub-4% mortgage range following the Bank of England’s latest interest rate cut. NatWest has improved its two-year fixed