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The Latest Breaking News from Zoopla

Mini Budget Fallout: Londoners paying £7,500 more a year for their mortgages

New research from Zoopla lays bare the level of impact Liz Truss’ mini budget had on mortgage costs.

Evening Standard

'London kids hold the keys': meet the families where children call the shots when it comes to moving house

From good grades to pets and pizza parties, London children know how to strike a deal when it comes to family relocation

Evening Standard

Do you know your gazumps from your gazunders? Londoners come bottom of the ladder in property jargon knowledge

Almost a third of Londoners can’t define what a mortgage is

Evening Standard

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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

Evening Standard

London rents drop by 10 per cent as landlords under pressure to attract tenants

After years of rising rents, London landlords are having to drop their rents or risk having empty properties

Evening Standard

UK property sales forecast to rise by 10% as buyers and sellers return

Data from online property company Zoopla showed the housing market is on track to reach 1.1m transactions across this year

The Guardian - UK

London sees 16% uptick in number of homes sold as market bounces back, reports Zoopla

The property portal forecast that there will be 10 per cent more homes sold in 2024 than last year

Evening Standard

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EU opens formal investigation into TikTok; Bank of England ‘could worsen recession’ without interest rate cuts soon – as it happened

The European Union to investigate if TikTok breached online content rules aimed at protecting children, as Andy Haldane urges central bank to consider interest-rate cuts

The Guardian - UK

London house prices: property in the capital is at its most affordable since 2014

London homes are more affordable but they are still 13 times average earnings

Evening Standard

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

Ideal Home

Scotland dominates list of the most affordable places to buy a home in the UK

Towns in Scotland have dominated a list by Zoopla showing the most affordable places to buy a home in the UK.

The National (Scotland)

Living in London: essential advice for first-time buyers, renters and homeowners in 2024

Will house prices go up or down? What next for mortgage rates? Where are the best value neighbourhoods now? Your home-buying questions answered

Evening Standard

London house prices mapped: how much has the value of your home changed in 2023?

Data from Hamptons and the ONS shows where house prices have risen —and fallen— this year. How did your borough fare?

Evening Standard

UK property sales and demand well up on a year ago, survey finds

Zoopla says December’s figures have been boosted by an increase in the number of homes for sale

The Guardian - UK

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Evening Standard

London house prices: city-wide dip sends home-buying activity soaring in December

Zoopla figures show a spike in sales and enquiries alongside a drop in the values of homes, particularly in outer districts

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.

Ideal Home

Zoopla has good news for renters in 2024 – rental prices are finally slowing down, but don't celebrate just yet

Zoopla reports the growth of rents is set to slow down in the new year – signalling the tide of the rental market turning

Evening Standard

London rent rises: will the record-breaking increases we've seen in 2023 start to slow next year?

We may be finally about to reach peak rent

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The Independent UK

Annual pace of UK rental prices growth expected to halve by end of 2024

Annual rental prices growth is running at 9.7% but Zoopla expects this to slow to 5% by December 2024.

Evening Standard

OPINION - Sellers are finally accepting big discounts on asking prices – but don't expect a crash

If age is just a number, where the heck does that leave house prices? Inexperienced buyers (and given the irregularity with which people purchase property, that is most of us) are often intimated by the imposing number placed beneath that misleadingly wide lens money shot on Rightmove.

The Guardian - UK

Average rent in Great Britain up by more than a quarter since start of Covid

Rise due to shortage of properties has been worsened by soaring interest rates, Savills finds

The Guardian - UK

‘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 Independent UK

£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.

Evening Standard

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

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

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