The Iran deal is incredibly important and carries real economic significance. What it is not, at least at this moment, trainer Bernice Ross writes, is a feel-good mortgage rate...
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Property sales agreed in the UK fell 8% in May compared to the same period last year, according to new data from TwentyEA, though the decline was offset by a record number of new property listings coming to market. The data shows that sold subject to contract volumes dropped to 109,922 in May, down from 119,607 in May 2025. The post Property sales agreed fall 8% as new listings hit record appeared first on...
Zoopla's executive director has proposed raising the 5% stamp duty threshold to £500,000, a move that would reduce transaction costs by up to £12,500 for property buyers in southern England. Richard Donnell argues the current threshold structure disproportionately affects average-priced homes across the south. The post Zoopla calls for stamp duty threshold reform to £500,000 appeared first on...
The Committee on Fuel Poverty has recommended that private landlords receive targeted support from the Government's £5 billion Warm Homes Fund to help meet proposed Energy Performance Certificate requirements for privately rented properties. The committee stated that lower-income landlords should be prioritised to achieve the 2030 EPC rating C standard. The post Committee calls for landlord support from...
When it comes to private listings, the seller's case is being made loudly and well, eXp CTO Carrie Lysenko writes. The buyer's voice is barely being heard at...
NAR Chief Economist Lawrence Yun said existing-home sales and median home prices should increase 4 percent by the end of 2026, despite market...
Manchester has recorded the highest house price growth among major UK cities over the past decade, with values increasing 63% compared to London's 7%, according to new analysis by Rightmove. The data reveals a widening north-south divide in the property market. The post Manchester house prices rise 63% in decade versus London’s 7% appeared first on...
House price growth in the UK is expected to slow significantly over the next 18 months, with higher mortgage costs and a weakening economy dampening demand. The Item Club forecasts prices will rise by just 1.1% this year, followed by growth of only 0.7% in 2027. The post UK house price growth forecast to slow to 0.7% in 2027 appeared first on...
Major housebuilder Vistry has reduced prices on some properties by more than £100,000, with discounts reaching 17% as the company seeks to improve cash generation. Analysis by RBC found that of more than 1,200 properties listed by Vistry during May, the average discount was 8.4%. The post Vistry cuts house prices by up to 17% amid cash pressures appeared first on...
High stamp duty rates of up to 19% for non-UK residents are prompting wealthy buyers to reconsider renting rather than purchasing in London's prime property market. The combination of £3.8 million to £5.7 million in tax on properties valued between £20 million and £30 million, plus annual running costs of £500,000 or more, has shifted the financial calculation for international buyers. The post...