Average UK home price buys five beds or studio flat
New analysis from Rightmove has highlighted the significant regional variation in what the average UK asking price of £378,000 can purchase across different parts of the country. The property portal’s…
UK housing market weakens as sales fall 7% year-on-year
The UK housing market has continued to soften, with sales agreed down 7% year-on-year and buyer demand falling 15%, according to the latest Zoopla House Price Index. The data reveals…
Estate agents earn £30.93 per day during property sales
Estate agents in the UK generate an average of £30.93 per day in commission whilst progressing a property sale from instruction to completion, according to research from eXp UK. The…
UK housing transactions forecast downgraded on rate volatility
UK housing transactions are expected to fall below initial forecasts for 2026, according to analysis from Zoopla, as mortgage rate volatility and economic uncertainty continue to impact buyer activity. Richard…
Specialist lender completes £3.1m Essex bridge facility
Specialist property lender Glenhawk has completed a £3.1 million bridging finance facility secured against three residential properties on a private estate in Essex, as the homes are marketed for sale.…
Property finance firm closes £33m London deal in seven days
SHC Capital has arranged a £33 million bridging facility for a mixed-use London property portfolio through GB Bank, completing the transaction within seven days. The loan enabled a property investment…
Housebuilders face £4.5bn class action over pricing claims
Eight of Britain’s largest housebuilders are facing a proposed class action worth up to £4.5 billion, with more than 700,000 homebuyers claiming they paid inflated prices for new-build properties due…
The House Group expands into lettings across three counties
The House Group, an agency network operating across Wiltshire, Gloucestershire and Hampshire, has launched a lettings division, appointing Tom Smith as Lettings Manager. The move follows the company’s recent expansion…
UK housing transactions decline for second consecutive month
UK residential property transactions fell 2% in May, marking the second consecutive monthly decline, according to data released by HM Revenue and Customs. Seasonally adjusted residential transactions dropped from 100,440…
Landlords face new eviction process as Section 21 abolished
Following the abolition of Section 21 evictions, landlords in England must now rely exclusively on Section 8 of the Housing Act 1988 to regain possession of rental properties, utilising grounds…