Property news

Council Tax

Average homeowner could save £1,000 a year under council tax shake up, but London and South East to pay more

The latest research by Yopa has revealed that the average household across England could be set to save £1,000 per year should the government decide to scrap stamp duty and replace current council tax with an annual homeowners tax.

Yopa analysed* the current average annual council tax bill across every local authority in England, then modelled what an annual homeowner tax could look like using...

James Carter

James Carter

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Keep up-to-date with the latest property news in the UK.

High levels of build-to-rent growth anticipated

High Levels of Growth Anticipated for BTR suburban communities

2022 has been a difficult year for much of the private rented sector (PRS), with landlords continually challenged by the Government’s intention to ‘professionalise’ the sector and rid it of the archetypal 'rogue landlord' – although, as its policy paper admitted, this constitutes a small fraction of all landlords.

The Government’s clear intention is to pass that opportunity to...

Image of new HHBC standards on tablet

NHBC Technical Standards 2023 Now Live

The latest edition of NHBC’s Technical Standards has come into effect. The new Standards will apply to every new home registered with NHBC where the foundations have been laid on or after 01 January 2023.

NHBC’s dedicated Standards team has spent the past year applying its expertise to a robust review of all technical content, working with stakeholders from across the industry to...

Private housing construction recovery

Private housing delivery driving construction recovery

Private housing delivery driving construction output recovery as sector returns to pre-pandemic levels

Market analysis by Alliance Fund , the end to end real estate fund, has found that total construction output has almost returned to pre-pandemic levels, but the recovery of the sector is being slowed by the delivery of public new housing, with the level of private new housing...

Rental demand drops as tenants tackle the cost of living crisis

Research from estate and lettings agent, Barrows and Forrester , has revealed that tenant demand has started to fall across England’s rental market, with demand down by as much as -29% in some parts of the country.

The Barrows and Forrester Rental Demand Index monitors rental listings across the nation, taking an average demand score for each English county based on the number of...

Homebuyer demand drops 9.2%

House buyer demand falls by another -9.2% in Q4

The latest Homebuyer Hotspots Demand Index by estate agent comparison site, GetAgent.co.uk , has revealed that buyer demand levels are on the decline in the fourth quarter of 2022 as economic pressures and the increased cost of borrowing continue to force many people to reevaluate their home buying aspirations.

GetAgent’s Hotspots Demand Index monitors homebuyer demand across England...

Mortgage lending increased in 2022

Mortgage lending up in 2022, but have we reached the peak?

Mortgage lending up in 2022, but have we reached the peak?

The latest mortgage market analysis by specialist property lending experts, Octane Capital , estimates that £77.5bn in residential loans was lent to individuals in the final quarter of 2022, totalling £318.3bn for the year - a 0.8% increase on 2021 despite the turbulence seen in the latter stages of 2022 due to increasing...

Banbury Avalon

Energy savings take centre stage in new homes in Somerset

FOR those looking to reduce their energy bills, a move to a new home in Somerset could be just the ticket. Boasting a host of energy efficient features, new homes at Avalon in Glastonbury are ideal for those looking to save money and reduce their impact on the environment.

Plus, changes to Stamp Duty mean there’s the potential to enjoy lower moving costs.

Regional sales...

Bank of England lending figures

Property industry reacts to latest BofE lending figures

The latest figures show that approvals fell between October and November to 46,075, also down on the 68,969 seen in November of last year (2021)

Founder and CEO of easyMoney , Jason Ferrando, commented:

“A third consecutive monthly decline in mortgage approval levels will certainly seem like cause for concern given the doom and gloom that has enveloped the UK property market...

Prime London property demand falls but appetite for super-prime keeps getting stronger

The latest Prime Central London Buyer Demand Index by London lettings and estate agent, Benham and Reeves, has found that demand is down across the prime London market (£2m-£10m) both on a quarterly and annual basis, but the super-prime threshold of £10m+ has seen an increase in buyer demand in the fourth quarter of 2022.

The PCL Homebuyer Demand Index by Benham and Reeves monitors...

Property transaction fall throughs hit five year high

Property transaction fall throughs hit five year high

The latest industry index on property fall throughs by property purchasing specialist, House Buyer Bureau , has revealed that there has been a sharp increase in both the number of property transactions falling through in Q3 of 2022, as well as the cost associated with these fall throughs.

Property transaction fall throughs hit five year high

The latest industry index on...

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