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The Latest Breaking News from Aneisha Beveridge

New mortgages could help first-time buyers borrow £52,000 more, says lender

Leeds Building Society has increased the maximum loan-to-income ratio for first-time buyers, with a new mortgage range.

Evening Standard · Dec 5, 2024

Gen Z pay double in mortgage payments compared to older generations

Young buyers face near-record house prices and soaring interest rates

The Independent UK · Oct 7, 2024

Why have London asking prices jumped by over £4,500 in September?

Lower mortgage rates are helping to underpin the market, Rightmove said, but buyers are still price sensitive

Evening Standard · Sep 16, 2024

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Gap between average rents in north and south of England shrinks to lowest level

Difference now stands at 37% with tenants in north paying £960 a month compared with £1,317 in south

The Guardian - UK · Sep 15, 2024

Average price tag on a home jumped by nearly £3,000 in September – Rightmove

Lower mortgage rates, an increase in property choice and relatively strong wage growth are helping to underpin the market, Rightmove said.

The Independent UK · Sep 15, 2024

First-time buyers made up 48% of house hunters in London this year, data shows

Proportion was biggest since at least 2010 as cheaper mortgage deals slowed exodus from city, says estate agent

The Guardian - UK · Aug 26, 2024

The great mortgage gamble: Is now the right time to buy a home — or should you wait for a rate reduction?

With mortgage market volatility and interest rates still high, many would-be buyers are facing the same dilemma — is now the right time to buy? The experts assess the options

Evening Standard · Jun 26, 2024

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Here’s how much the average price of a home dropped by in June

Some potential sellers appear to be ‘watching and waiting’ as General Election approaches

The Independent UK · Jun 16, 2024

The flat pack: Meet the London families embracing apartment living

With 42 per cent of young London families living in flats and that figure only rising, these Londoners are eschewing houses and choosing to raise their children in apartments

Evening Standard · Jun 5, 2024

Rise of the first-time buyer: half of the house purchases in London so far this year are by new homeowners

High rents and lower mortgage rates have pushed more first-time buyers to jump onto the ladder

Evening Standard · Mar 31, 2024

Homeowners who sold last year banked £102,000 profit on average, data shows

Years of strong price growth meant sellers in England and Wales netted hefty windfall despite fall in house prices

The Guardian - UK · Jan 22, 2024

Revealed: six-figure profits made by home sellers in every London borough in 2023 - how does yours compare?

Homeowners in every London borough made an average of six figures on their home sale, but other regions performed better for percentage house growth after years of softening prices in the capital

Evening Standard · Jan 22, 2024

London house prices drop as sellers knock another £2,500 off in January – Rightmove

Agents reported a rise in buyer enquiries, but cautioned sellers to price competitively as cost-of-living crisis continues

Evening Standard · Jan 15, 2024

House sellers hike asking prices by £4,500 in a month

Tthe average price of a property coming on the market increased by 1.3% or £4,571 month-on-month

The Independent UK · Jan 15, 2024

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Evening Standard · Dec 26, 2023

Estimated number of ‘London leavers’ slumps to nine-year low in 2023

The number of homes bought by Londoners outside the capital fell to 69,190 in 2023 according to estate agent Hamptons, the lowest figure since 2014

Evening Standard · Dec 11, 2023

Londoners spent a record-breaking £32.1 billion on rent this year

UK renters have spent the same on rent as the value of all homes sold in London last year

The Guardian - UK · Dec 11, 2023

Tenants in Britain ‘hit by highest increase in rent for a decade’ last month

Estate agent Hamptons estimates rise of 10.2% year-on-year means people paid record £85bn in rent this year

Evening Standard · Dec 4, 2023

London house prices: the boroughs where homes have become least affordable since 2013

New analysis shows the extent to which property values moved away from salaries across the capital in the past decade

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The Guardian - UK · Sep 18, 2023

UK rents soar as high interest rates hit property market – as it happened

Rolling coverage of the latest economic and financial news

The Independent UK · Sep 17, 2023

Proportion of homes for sale with prices slashed ‘highest in over a decade’

The average size of the price reduction is also the highest in over a decade, at 6.2%, suggesting some sellers were too optimistic, Rightmove said.

Evening Standard · Sep 11, 2023

Renting vs buying in London: rents set to rise twice as fast as house prices by 2026

Across Britain, rents could rise by 25 per cent over a four-year period, compared with 5.5 per cent growth in house prices

Fortune · Sep 11, 2023

British renters will be hit with 25% price hikes over the next 4 years as landlords pass on spiraling interest rate costs, broker predicts

A cocktail of supply shortage, tougher regulation and rising costs to landlords means more pain for Britain's renters.

The Independent UK · Sep 10, 2023

Rents ‘could rise four times as fast as house prices across the years ahead’

Across Britain, rents could rise by 25% over a four-year period, compared with 5.5% growth in house prices, Hamptons predicts.

The Independent UK · Aug 14, 2023

Landlords selling up their buy-to-let make ‘£10,500 less than if they had sold in 2022’

So far this year, the average landlord in England and Wales has sold their buy-to-let for £94,800 more than they initially paid, Hamptons says

The Independent UK · Aug 13, 2023

Landlords selling up ‘typically make £10,500 less than if they had sold in 2022’

So far this year, the average landlord in England and Wales has sold their buy-to-let for £94,800 more than they initially paid, Hamptons said.

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