The Latest Breaking News from Tim Bannister

'Buyer’s market’ predicted for next year with higher negotiating power and more house sales

First-time buyer activity could be ‘front-loaded’ in 2025 and increasing numbers of mortgaged owner-occupiers may return to the market

Evening Standard · Dec 31, 2024

Why property experts are predicting 2025 will be a ‘buyer’s market’ with sales boom

First-time buyer activity could be ‘front-loaded’ in 2025 and increasing numbers of mortgaged owner-occupiers may return to the market, experts said.

The Independent UK · Dec 31, 2024

£6,395 drop in average price tag on a home in December

Housing market activity remains substantially stronger than a year ago, paving the way for a Boxing day bounce, Rightmove said.

The Independent UK · Dec 16, 2024

Average asking price for UK home drops by £5,000 in November

Analysts say market is still relatively busy despite decline of 1.4%, which is unusually high for this time of year

The Guardian - UK · Nov 18, 2024

Average price tag on a home falls by more than £5,000 in November

Rightmove expects to see a ‘stronger year for prices’ in 2025.

Evening Standard · Nov 18, 2024

Average house price falls by thousands in November

Across the UK, the typical asking price for a home coming onto the market is £366,592

The Independent UK · Nov 17, 2024

Home buyers could typically save over £40,000 by purchasing a ‘fixer-upper’

Properties in need of renovation work cost £44,634 less on average than homes across Britain generally, Rightmove said.

The Independent UK · Nov 13, 2024

‘Buyers’ market’ as property asking prices rise more slowly than usual

Across Britain, the average asking price for a property increased by 0.3% month-on-month, or £1,199 in October, Rightmove said.

The Independent UK · Oct 20, 2024

Number of homes sold in UK up by a third, says Rightmove

Autumn price bump failed to emerge as buyers spoiled for choice, with properties on market at a 10-year high

The Guardian - UK · Oct 20, 2024

Asking rents ‘hit fresh records but more properties undergoing price reductions’

The average number of inquiries per rental property is now 15, down from 23 last year, Rightmove said.

The Independent UK · Oct 15, 2024