Property news

Rent and run? Agents warn of new 'Stopover Tenant' epidemic

Nearly 1 in 3 letting agents report tenants walking away from 6–12 month tenancies - some after just a few months
Experts warn rental reforms are fueling relocation-style, short-term renting
Almost half of agents now advising landlords on how to manage early exits

A new trend is sweeping the rental market and it's leaving landlords...

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What you need to know about commercial property leases

If you are looking to take a commercial lease or if you are looking to buy a commercial freehold, then negotiating the sale contract or the terms of the lease is an important part of the process. But there are other aspects of a commercial property lease that you should know about before you sign.

Andrew Dongworth ,...

The TENANT stamp duty charge that could significantly cost renters if ignored

London lettings and estate agent, Benham and Reeves , has highlighted how the nation’s renters could find themselves paying significant penalties due to a little-known law that may require them to pay Stamp Duty Land Tax (SDLT) despite not actually owning their rental property.

SDLT has been a focus of the mainstream media ever since the government introduced a reprieve in 2020 to...

Cheapest areas in the UK to rent an apartment

Stoke-on-Trent is the cheapest city for rent according to new data, whilst London is the most expensive  

Analysis reveals that Stoke-on-Trent is the cheapest city in the UK to rent an apartment with tenants paying £489.22 a month on average.  
Bradford and Sunderland are the second and third most affordable cities for tenants.   
London, Brighton and Oxford are

The cities Brits least desire to live in 2022

38% said they would never consider moving to London
Brits don’t want to buy houses in Birmingham (37%) and Glasgow (34%) either
89% dream of living in York which is more than anywhere else in the UK
Neighbours put almost half off buying a house (46%)

The property market has boomed throughout the past 18 months with people moving away from...

Rental market takes a step back as demand falls -15% in Q4

Research by estate and lettings agent, Barrows and Forrester , reveals that the UK rental market has taken a step backwards due to Omicron, as rental demand has declined in the vast majority of major UK cities during the final quarter of last year.

The Barrows and Forrester Rental Demand Index monitors rental listings across the nation, taking an average demand score for each major...

1. A CGI of the Woodhall at Elan’s Avalon development in Glastonbury

Milestone for Glastonbury development

THE first residents have begun moving into new homes in Glastonbury. Elan Homes has welcomed homeowners to its Avalon development on Old Wells Road, where properties are selling well ahead of the build programme.

Demand is such that many of the 42 private-sale homes have either already been sold or have “early bird” reservations against them, giving eager buyers first refusal when...

Mortgage cost increases could hit London house prices the hardest

Market analysis by real estate debt advisory specialists, Sirius Property Finance , has looked at where Britain’s homebuyers are most reliant on the mortgage sector when making a purchase and where house price growth could stutter should monthly interest payments start to climb as a result of the latest interest rates increase.

Sirius Property Finance analysed property transactions...

Selling your home in 2022? This is how much you’re likely to have made

Research by MoveStreets, the property portal designed for the mobile generation, has revealed how much current homesellers are likely to have made when it comes to the price appreciation of their property across each region of the nation.

MoveStreets looked at the average length of time a property is...

Rental sector driving 80% increase in property values over the last decade

80% increase in property values over the last decade, driven by rental sector home values soaring

As a frantic year for the property market ends and a new one begins, research from the game-changing property platform, Boomin , has revealed that the total value of homes in England has increased by 80% over the last decade. And this growth has predominantly been driven by the value of...

Demand for London’s high end homes continues to climb

The latest property market analysis by London lettings and estate agent, Benham and Reeves , reveals which Prime London markets have experienced the strongest growth in demand during Q4 2021.

The PCL Homebuyer Demand Index by Benham and Reeves monitors demand for homes valued between £2-£10 million and £10 million and above based on the ratio of properties listed online that have...

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