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The Latest Breaking News from Hamptons

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

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

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

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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

London leaver heaven: three commuter hotspots for 2024

Some places outside the capital are set to become faster to reach than many journeys within London with journey times as low as 49 minutes

Evening Standard

London house prices mapped: how much has the value of your home changed in 2023?

Data from Hamptons and the ONS shows where house prices have risen —and fallen— this year. How did your borough fare?

Evening Standard

Property hotspots: top 10 places in Great Britain experts say are in demand

From a suburb of Dover in Kent to the outskirts of Glasgow, here’s where estate agents say buyers are searching

The Guardian - UK

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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

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

Evening Standard

Rent increases highest in a decade with London hit the worst

The UK’s rental bill has more than doubled since 2010

The Independent UK

Average asking price for a UK home tumbles by £7,000 in December

Across Britain, average asking price for home coming on market falls by 1.9 per cent or £6,966 in cash terms this month

The Independent UK

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

The Guardian - UK

London house prices tumble by over £6,200 in December

House prices in the capital have fallen another 0.9 per cent since last month as sellers try to attract buyers

Evening Standard

Average price tag on a home tumbles by nearly £7,000 in December

Across Britain, the average asking price for a home coming on the market fell by 1.9% or £6,966 in cash terms this month, Rightmove said.

The Independent UK

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Evening Standard

£14,000 wiped off the average asking price of a London home in November

The 2.1 per cent fall in average asking prices is the biggest percentage drop recorded for the month of November in five years

The Guardian - UK

Landlords sell up in Great Britain as buy-to-let market sours

Owners sell to offset losses from tax changes and rate hikes, meaning fewer homes to rent and thus higher rents

The Independent UK

£6,000 wiped off the average price of a home in November

The 1.7% fall in average asking prices is the biggest percentage drop recorded for the month of November in five years, Rightmove said.

Evening Standard

Weakest October for asking price increases since 2008

Across Britain, average new seller asking prices rose by 0.5%, but the long-term average increase for the month of October is 1.4%, Rightmove said.

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The Guardian - UK

UK house prices rise at slowest post-summer rate since 2008 crash

Rightmove says 0.5% rise is smallest for time of year since financial crisis 15 years ago as higher interest rates hit home

The Independent UK

Rightmove records weakest month of October for asking price increases since 2008

Across Britain, average new seller asking prices rose by 0.5%, but the long-term average increase for the month of October is 1.4%, Rightmove said.

Evening Standard

Getting on the ladder: top 10 tips for buying your first home in London

As first-time buyers become the top shoppers in parts of London, here is a quick-start guide to buying your first home

Evening Standard

London first-time buyers: the new challenges, opportunities and starter homes hotspots

The market is tougher than ever, yet in parts of London first-time buyers are becoming the most important players

The Guardian - UK

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

Rolling coverage of the latest economic and financial news

Evening Standard

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

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.

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