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The Latest Breaking News from Zoopla

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 first-time buyer: 'My parents sold our family home to pay the deposit for my Whitechapel flat'

Lois Child is one of the 79 per cent of Londoners who needed family help to get on the property ladder

Evening Standard

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

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Zoopla experiments with eye-tracking technology in Ruislip to test house hunter behaviour

One in five house hunters reportedly spend less than 20 minutes viewing a home before making an offer

Evening Standard

Heatmaps show UK homebuyers look most at artwork and furniture before making decision

Zoopla puts average viewing time at 49 minutes, as eye tracking study shows focus on mirrors and plants, not floors and walls

The Guardian - UK

20% of house hunters ‘spend under 20 minutes looking around before making offer’

An experiment by Zoopla indicated house hunters spend much of their time looking at cosmetic decoration including feature walls, mirrors and plants.

The Independent UK

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

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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

The cities where homeowners are most likely to have seen their property value rise or fall

Towns and cities in northern England are particularly likely to have experienced house price gains

The Independent UK

UK house sales tick up for fifth month in a row

An estimated 91,290 sales took place in May, which is 17% higher than in May 2023, HM Revenue and Customs said.

The Independent UK

Race out of recession picks up speed but house prices fall as mortgage time bomb ticks

Growth revised higher for the first quarter but millions face end of fixed-rate deals

Evening Standard

'Over-valued' 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

House prices set to rise at slower rate than incomes, research shows

House price growth will ‘remain muted’ but property prices will remain generally unaffordable, Zoopla has said

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.

The Independent UK

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The Independent UK

How much income a first-time buyer needs to buy a home now, according to experts

It comes as Consumer Prices Index (CPI) inflation slowed to 2% in May, down from 2.3% in April

GoodToKnow

Half of parents ‘trapped’ into living near grandparents due to childcare costs - two mums share their stories

Parents are finding themselves 'trapped' into living near grandparents as spiralling costs make childcare unaffordable. We speak to an expert about this difficult situation.

Evening Standard

The Parent Trap: 'Moving out of London to live near grandparents saves us £150 a week on childcare'

Spiralling nursery fees and mortgage rates are prompting young families to move closer to the in-laws

The Independent UK

57% of parents with young children ‘rely on grandparents for childcare support’

More than a third of parents who have grandparent support said they could not afford to be without it, according to Zoopla.

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The Independent UK

Conservatives pledge to support first-time buyers and build 1.6m homes

The manifesto promises to make stamp duty cuts for first-time buyers permanent and deliver 1.6 million homes in England over the next Parliament.

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

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

London homes for sale rebounds — so how much is the total value of housing for sale in the capital?

Zoopla reports that the total value of homes for sale in the capital is up 30 per cent in a year

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?

The Guardian - UK

Online car dealer Cazoo collapses into administration putting 200 jobs at risk

UK-based used-car website once valued at £6bn is now looking for a buyer for its remaining assets

The Independent UK

Zoopla founder’s used car sales app Cazoo calls in administrators

The company has appointed administrators from Teneo, who will seek to sell off Cazoo’s remaining marketplace business

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