‘A buyer’s market’: average £18,000 knocked off UK property asking price, says Zoopla Average discount stands at five-year high despite ongoing long-term shortage of homes for sale The Guardian - UK · Nov 28, 2023
House price falls: London sellers accepting hefty price reductions in buyers' market Higher mortgage rates and an increased supply of homes have seen buyers achieve sizeable discounts Evening Standard · Nov 28, 2023
£18,000 typically ‘shaved off’ asking prices to achieve house sales – Zoopla In London and the South East, sellers are discounting properties by around £25,000, according to new figures. The Independent UK · Nov 28, 2023
Buying in London: the 10 most affordable boroughs for homebuyers in 2023 New research has pinpointed the most affordable places to buy in London, where two people on average local salaries would need to borrow at the lowest income-to-house price ratio Evening Standard · Nov 21, 2023
Cashing in? The mortgage-free landlords who are raising the rent anyway Majority of letters with no exposure to rising interest rates are demanding more money in new tenancy agreements The Guardian - UK · Nov 16, 2023
London's downsizing problem: a third of London Boomers have bigger homes than they need but nowhere to move A third of London’s over-65s admit to living in a home that’s bigger than they need - so why aren’t they downsizing? Evening Standard · Nov 15, 2023
German economy shrinks; UK remortgaging lowest since 1999; window firm Safestyle enters administration – business live Rolling coverage of the latest economic and financial news, as German GDP shrinks slightly in the third quarter of the year The Guardian - UK · Oct 30, 2023
Prices falling in most local housing markets in UK, Zoopla finds All local markets in London, South and East England registered annual house price falls. The Independent UK · Oct 30, 2023
London house prices fall as UK market undergoes most dramatic slowdown since 2009 Homes in London are better value for money, reports Zoopla, but higher mortgage rates have impacted sales Evening Standard · Oct 30, 2023
House prices fell in 80% of UK markets this year, says Zoopla London and England’s southern and eastern regions worst affected as higher mortgage rates sap demand The Guardian - UK · Oct 30, 2023
German inflation falls to 4.5%; UK home sellers increase discounts; mortgage rates ease – as it happened Rolling coverage of the latest economic and financial news The Guardian - UK · Sep 28, 2023
426,000 first-time buyers ‘missing from England’s housing market by 2027’ Leeds Building Society predicts thousands fewer first-time buyers could buy homes between this year and 2027, compared with the long-term average. The Independent UK · Sep 27, 2023
UK house prices declined at fastest rate since 2009 in August Demand among home buyers has fallen, but in the rental sector there is a ‘yawning gap’ between the strong demand for homes and supply, Rics said. Evening Standard · Sep 14, 2023
Loophole in Scotland’s rent controls sees new tenants facing largest rises in UK Rent cap limited to 3%, but landlords can go higher when drawing up new tenancy agreement The Guardian - UK · Sep 14, 2023
The Independent UK · Sep 13, 2023 House prices declined at fastest rate since 2009 in August – surveyors Demand among home buyers has fallen, but in the rental sector there is a ‘yawning gap’ between the strong demand for homes and supply, Rics said.
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.
Evening Standard · Sep 8, 2023 Rise of ‘ghost listings’: five secret-sale London homes listed on property portals As the housing market becomes even trickier to navigate, increasing numbers of ‘ghost listings’ are popping up on portals with almost no information whatsoever
The Independent UK · Sep 6, 2023 Wish you were here (permanently)? Survey reveals how holidays inspire home moves Some 9% of people who have been on a UK-based holiday in the past three years have decided to move to their destination, according to Zoopla.
The National (Scotland) · Aug 30, 2023 Mortgage approvals plummet 20 per cent in UK amid soaring interest rates THE number of mortgage approvals plummeted by more than a fifth in July compared to the same month last year as soaring interest rates take their…
The Guardian - UK · Aug 29, 2023 UK home sales in 2023 will be lowest in a decade, says Zoopla Interest rate rises on mortgages are weakening demand, property website says
Evening Standard · Aug 29, 2023 Mortgage costs dampen affordability despite falling London house prices and rising wages London’s price-to-earnings ratio is in single digits for the first time in 11 years
The Independent UK · Aug 29, 2023 Number of house sales this year ‘on track to be lowest since 2012’ The number of house sales with a mortgage is expected to be nearly a third lower this year compared with 2022, Zoopla said.
Ideal Home · Aug 29, 2023 Should you ever pay above the asking price for a home? Our money expert explains whether you should ever pay over the asking price for a home, especially if house prices fall as predicted
Ideal Home · Aug 22, 2023 Shocking new report reveals renting is now cheaper than first-time mortgages for the first time in 13 years Is renting better than buying? For the first time in over 10 years it might be according to Zoopla’s new report
The Independent UK · Aug 21, 2023 Rent is cheaper than mortgage payments for the first time since 2010 In places such as northern England and Scotland, mortgage payments are still cheaper than renting