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The Latest Breaking News from Jeremy Leaf

Flow of fresh homes to rent ‘shrinks at fastest rate since 2020’

The Royal Institution of Chartered Surveyors highlighted a ‘firmly negative trend’ in landlords making their property available for rent.

Evening Standard

Less available places to rent could see prices rise ‘by at least 25%’, report says

The flow of fresh rental properties coming to market has fallen at its fastest rate in five years, according to surveyors

The Independent UK

New homes discounts and incentives: the best and worst in London

From paid stamp duty to fancy furnishings, desperate developers are offering all sorts of buyer incentives, but not all are created equal so do your homework!

Evening Standard

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The Spending Review: what to expect for the property market

Further investment in new housing is urged and expected in Wednesday’s Spending Review

Evening Standard

Where homes sell fastest: London's 'most desirable' area where homes sell in just 44 days

The top three boroughs for speedy sales are in the north-east corner of London

Evening Standard

Buyers beware! Warnings from the £36 million moth lawsuit

A current High Court case is illustrating why there is a need for responsibility between sellers and buyers regarding problems with the property... but the onus may be on the buyer

Evening Standard

Budget 2024: all the property announcements from Chancellor Rachel Reeves

From affordable housing to stamp duty, here are the Labour Budget announcements set to impact London renters and homebuyers

Evening Standard

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London house prices are down 2% on average — so which borough has seen a 5% per cent drop?

Annual average asking prices are up in the capital, according to the latest Rightmove index

Evening Standard

Public sector pay rises unlikely to drive up inflation, says Bank of England after interest rate cut – as it happened

City economists predict further cut in November, after first reduction in UK interest rates since 2020, as Bank lifts its growth forecast for this year

The Guardian - UK

London house prices up 0.2% on average in May — can you guess which borough saw a 5% boost?

One London borough saw home values boosted by over £27,000, but Prime Central London continues to see house prices tumble

Evening Standard

General election: Labour pledges 'Freedom to Buy' mortgage guarantee scheme — but will it work in London?

Extending the mortgage guarantee scheme and taxing foreign property investors to pay planning officers are part of pre-election promises

Evening Standard

London house prices plateau — so are we in a buyer's market or a seller's?

To negotiate or not to negotiate, that is the question

Evening Standard

London rents 'out of control' with a record-breaking 11 per cent rise in a year

Rental increases have far outstripped wage growth according to latest figures

Evening Standard

London house prices down five per cent — but one borough has bucked the trend

House prices fell almost five per cent across the capital, but some boroughs show signs of growth

Evening Standard

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Evening Standard

London rents: 2023 rise was highest since records began, ONS data shows

Londoners spent one third of the total of UK private renting costs this year

Evening Standard

“Gloomy outlook” of London housing market to last until 2024 due to mortgage affordability and cost of living

Buyer demand, sales and house prices continue to decline as mortgage affordability continues to affect the market, surveyors said.

The Guardian - UK

Bond yields rise after US jobs report smashes forecasts – as it happened

Rolling coverage of the latest economic and financial news, as US non-farm payroll shows surge in hiring last month

Evening Standard

London house prices fall over £20k on average as mortgage rates bite but full crash ‘unlikely’ say experts

House prices have fallen 3.8 per cent since interest rate hikes began, but demand for homes still outweighs supply

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Evening Standard

Hope for mortgage pain relief as interest rate hikes paused — but experts warn we’re not out of the woods

The interest rates pause could bring some desperately needed stability to the London housing market, say experts, but don’t get too comfortable

The Independent UK

Rate hike pause ‘will offer some relief to those struggling with housing costs’

The rate pause brings relief to mortgage holders but some finance experts suggested the best cash savings deals may not be around for much longer.

The Guardian - UK

UK recession fears swirl as factory output falls and house prices slide – as it happened

Nationwide reports average house prices fell 3.8% in year to July, biggest annual drop in 14 years, while manufacturers suffer worst month of 2023

The Independent UK

House sales down by 15% in June compared with same month in 2022

Home transactions were 6% higher in June than in May, but this may be explained by a higher number of working days in June, HMRC said.

The Independent UK

27% annual fall in house sales in May – HMRC figures

The fall is partly due to a higher number of bank holidays in May 2023, as well as a recent decline in general market conditions, HMRC’s report said.

Evening Standard

Estate agents report lower agreed home sales as mortgage rates crisis bites

Estate agents said they have seen recent home sales dented as mortgage volatility bites, and new research shows sellers are accepting lower prices.

Manchester Evening News

What the Bank of England interest rate hike means for people looking to buy a home

Mortgage rates are at their highest in almost 15 years

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