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The Latest Breaking News from Richard Donnell

Rental costs up £3,240 a year on average since end of pandemic

Renters face paying about £270 more per month compared with 2021, according to housing search company Zoopla.

The Independent UK

Annual rent for newly let UK home £3,240 higher than 2021, research finds

Rents have risen by 27% since end of pandemic lockdowns, while earnings have increased by 19%

The Guardian - UK

House prices and sales across UK expected to rise in early 2025

Buyers seeking to benefit from expiring tax breaks and pent-up demand all predicted to drive up costs, according to Zoopla report

The Guardian - UK

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House prices and sales volumes to grow in 2025, predicts Zoopla

It said the house sales market is on track to see 10% more completions this year than in 2023.

The Independent UK

Looming stamp duty changes ‘could hold back house price growth in 2025’

Homebuyers will want increased stamp duty costs reflected in the price they pay for a property, new research says

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

Number of house sales in pipeline at highest in four years, says Zoopla

The property website said about 306,000 homes are working their way through the buying process to completion across the UK.

Evening Standard

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Number of house sales being agreed is 25 per cent higher than a year ago, says Zoopla

Homeowners are looking to move as mortgage rates fall and some second home owners may also be selling up amid concerns over tax changes, Zoopla said.

Evening Standard

Number of house sales being agreed is 25% higher than a year ago, says Zoopla

Homeowners are looking to move as mortgage rates fall and some second home owners may also be selling up amid concerns over tax changes, Zoopla said.

The Independent UK

London house prices rise for the first time since April 2023

New data finds green shoots in the London property market but it’s a mixed bag across the capital

Evening Standard

Homes with asking price reductions take twice as long to sell, says Zoopla

About a fifth of homes on the market had the asking price reduced by 5% or more in August, the property website said.

The Independent UK

London rents "have over-shot" as rental inflation slows to lowest level in almost three years

Rental inflation for new lets it is the lowest it has been in three years as demand falls

Evening Standard

London house prices keep falling — but which inner boroughs are swimming against the tide?

London homes are still selling for £27,000 below asking price on average as mortgage rates bite

Evening Standard

UK house prices expected to rise over second half of year, says Zoopla

Larger number of homes for sale will help push up prices by 2%, says property portal

The Guardian - UK

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The Independent UK

House prices likely to rise more slowly than household incomes, says Zoopla

The property website said current house prices are ‘over-valued’ in terms of affordability by nearly £20,000.

Evening Standard

Typical first-time buyer mortgage payment in London is now £2,393 a month

First-time buyers now face paying £227,757 for a home, rising to more than half a million pounds in London, Rightmove said

The Independent UK

How can first-time buyers get ahead in the tough property market?

Property and mortgage experts offer their tips to cash-strapped would-be homeowners.

Evening Standard

Demand for London rental properties plunges 28% as first-time buyers escape renting trap

London rent has become so unaffordable that rent rises are finally slowing, reports Zoopla

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Ideal Home

The supply of homes for sale is the highest it’s been for 8 years – this is why it’s a good thing

Zoopla’s latest report reveals why the housing market is turning for the better

Evening Standard

What could the General Election mean for London's property prices and rental reforms?

Will the property market summer slowdown start early? Or could we get a Rishi Rebound or Starmer Spring-up?

Ideal Home

Zoopla reveals monthly mortgage repayments are the highest they’ve been in the last 3 years

The report shows homeowners pay 61% more on monthly mortgage payments today than in 2021

Evening Standard

London houses still selling for £19,500 below asking price but market is springing back

The average price of a house sold in London currently stands at £534,000, reports Zoopla

Ideal Home

What does the Spring budget 2024 announcement mean for renters, homeowners and landlords

Chancellor Jeremy Hunt delivered his annual Spring budget and experts are disappointed

Ideal Home

Thinking of moving home in 2024 but not sure it's a good idea? This is what the property experts want you to know

We’ve asked the experts for their views on whether 2024 is a good year to move home

The Independent UK

Cash buyers have accounted for around a third of home sales in 2023 – Zoopla

People buying homes without a mortgage are often older, wealthier and buying cheaper properties.

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