News and Updates
Darren Murphy looks at the Uxbridge Residential Property Market in April 2024
Posted on Tuesday, April 23, 2024
Darren Murphy reports on the use of AI and the local property market
Rents outpacing earnings by 5.2%
Posted on Tuesday, April 23, 2024
Renters are significantly worse off today than they were a decade ago as salaries have failed to keep up with ballooning rental costs.
Rightmove: Annual house price growth rises to 12-month high of 1.7%
Posted on Tuesday, April 23, 2024
Asking prices are inching closer to a new record following a strong start to the year for larger homes.
First time buyers opting for smaller properties to get on the housing ladder
Posted on Tuesday, April 23, 2024
The latest analysis from e.surv, which examines the considerations and strategies used by UK first-time buyers, has found that affordability issues are seeing many opt for smaller homes.
First-time buyer lending doubles in February
Posted on Tuesday, April 23, 2024
The volume of lending to first-time buyers almost doubled year-on-year in February to £11bn, compared to £5.6bn in the same month last year.
Alternative ways that the Bank of Mum and Dad can help you buy a home
Posted on Tuesday, April 23, 2024
Ben Thompson, Deputy CEO at Mortgage Advice Bureau, looks at other ways parents could help their children get onto the property ladder beyond gifted deposits.
Average cost of running a home sees 14% rise in five years
Posted on Tuesday, April 23, 2024
The analysis of ONS data has revealed an £863 per year surge in the cost of owning and running a home in the UK.
The most common causes of 'snagging' on new build properties
Posted on Monday, April 22, 2024
You could be forgiven for thinking that buying a brand-new home means that it is flawless. However, newly-built properties are notorious for their minor defects or “snags” caused by poor workmanship or sub-par equipment.
New-build price premiums hit decade high
Posted on Monday, April 22, 2024
New-build house price premiums have risen to a ten-year high following four consecutive years of decline.
Powering the Future: A landlord's guide to affordable energy upgrades
Posted on Monday, April 22, 2024
Glynn Williams, UK country director at energy solutions provider, Grundfos, looks at the energy upgrades that landlords can and should make to their properties.
Majority of UK renters want more sustainable homes to offset rising rental costs
Posted on Monday, April 22, 2024
The latest data released by NatWest and S&P Global shows that renters are in fear of rising monthly payments with a majority looking to landlords to make green changes to their property and reduce the financial burden.
Portfolio landlords pursuing green home upgrades despite government u-turn
Posted on Monday, April 22, 2024
The energy performance of properties in the PRS now outperforms that of owner-occupied homes, according to government data.
Nationwide: Annual house price growth continues to build in March
Posted on Monday, April 8, 2024
Nationwide's latest data shows that house price growth momentum is continuing to build as cost of living pressures finally begin to ease.
Housing market momentum being driven by new build sector
Posted on Monday, April 8, 2024
Existing homes are still struggling against the current market headwinds, according to new research.
Energy efficiency, price, and location remain top priorities for landlords
Posted on Monday, April 8, 2024
Despite the government rolling back on energy efficiency targets for Buy to Let (BTL) properties last year, it's still on the radar for a large number of landlords ahead of an investment.
Halifax: Annual growth slows, but house prices up on last year
Posted on Monday, April 8, 2024
UK house prices grew in March on a quarterly basis, by 2.0%, with annual growth slowing to 0.3%, from 1.6% in February.
Rightmove: Stronger buyer demand sees house prices strengthen further
Posted on Monday, April 8, 2024
The positive start to the year continues, according to the latest figures from Rightmove, with average prices of newly marketed properties rising by 1.5% this month to £368,118.
Rightmove: New sellers surge into Easter
Posted on Monday, April 8, 2024
Thursday 28th March saw a 45% rise in the number of new sellers coming to market compared to a week earlier, according to Rightmove.
The questions that can save first-time buyers thousands in unexpected costs
Posted on Monday, April 8, 2024
Beyond the purchase price of your new home, there are a number of 'hidden' expenses that can quickly turn your dream home into a financial nightmare.
Darren Murphy's Easter market update
Posted on Friday, March 22, 2024
Darren Murphy gives his views on the Easter property market
What are the most common first-time buyer purchase methods?
Posted on Friday, March 22, 2024
The latest market insight from Uswitch has revealed that almost half of first-time buyers purchased their property with help from a government scheme.
Volume of sold subject to contract (SSTC) sales surge in February
Posted on Friday, March 22, 2024
The dramatic rise in demand signals a more robust market and a much-welcome return of optimism for 2024.
Majority of prospective homebuyers to 'push ahead' despite disappointing budget
Posted on Friday, March 22, 2024
82% of current buyers say that now the Spring Budget has come and gone, they plan to ramp up their search for a new home.
Government on track to collect record IHT receipts this year
Posted on Friday, March 22, 2024
The Government continues to collect a record amount from inheritance tax, according to the latest data released from HM Revenue & Customs.
Stamp duty receipts slump 23% to £13.8bn
Posted on Friday, March 22, 2024
Stamp duty receipts slumped 23% to £13.8bn between last April and February in England compared to the same period a year ago, according to official data.
Glenigan: Housebuilding starts tumble 16%
Posted on Friday, March 22, 2024
Housebuilding starts fell 16% in the three months to February, despite an overall rise in planning approvals across the construction sector.
Homelet: UK rents top £1,260
Posted on Friday, March 8, 2024
Average monthly UK rents in the UK rose 0.2% to £1,262 in February from the previous month, following a quarter of falls, HomeLet data shows.
Cash buyers receiving the largest discounts from sellers
Posted on Friday, March 8, 2024
Uncertainty in the mortgage market has seen sellers prepared to stretch even further for a cash buyer.
Over a third of landlords looking to expand their portfolios
Posted on Friday, March 8, 2024
38% of landlords would like to expand their property portfolio in the next twelve months, according to a recent survey by Lendlord.
Which design features will buyers pay the most for?
Posted on Friday, March 8, 2024
Property developers can achieve significant price premiums for residential developments by incorporating the most sought-after design features into their architectural plans.
Mortgage repayments 'stalling' retirement plans for 2.8 million people
Posted on Friday, March 8, 2024
20% of over-55s do not expect to retire mortgage-free, according to new findings from the Equity Release Council.
Six signs you have a “problem property”
Posted on Friday, March 8, 2024
New research highlights six key indicators of a “problem property” with varying severity, what impact they can have on the value of a home and what this equates to in the current market.
DLUHC: Housing planning approvals fell 9% in 2023
Posted on Friday, March 8, 2024
Local councils granted 8,100 residential applications in the final three months of last year, down 8% from the same quarter a year ago, official data shows.
Darren Murphy's market update
Posted on Tuesday, February 27, 2024
Darren Murphy gives his views on the current property amrket
A fifth of millennials relying on parents to help secure their home
Posted on Friday, February 23, 2024
Property lender, Together takes a look back to the 1970’s property market and highlights how the first-time buyers of that era are now helping their children to get onto the property ladder.
Significant improvements found in landlord responsiveness to tenants' needs
Posted on Friday, February 23, 2024
A new survey conducted by Total Landlord has revealed that 71% of landlords commit to responding to tenants within 24 hours - up from 57% a few years ago.
Remortgaging driving recent uptick in lending
Posted on Friday, February 23, 2024
The recent rise in mortgage lending is being driven by a significant increase in remortgage activity, according to the latest analysis of Bank of England data.
UK property auction market sees robust growth
Posted on Friday, February 23, 2024
The latest market analysis released by Essential Information Group has revealed positive momentum in the UK property auction market during October.
Rising demand for shared ownership sees enquiries surge for new builds
Posted on Friday, February 23, 2024
Just Mortgages' new build division has reported a bumper start to the year, with new build leads and enquiries up 40%.
How to add value to your buy-to-let property
Posted on Friday, February 23, 2024
As a landlord, you're always looking for ways to maximize your investment and make your property stand out from the competition. Adding value to your buy-to-let property is a smart way to increase your rental income and attract higher-quality tenants. Here are some tips from Lendlord to help you add value to your buy-to-let property.
Darren Murphy's market update
Posted on Saturday, January 27, 2024
Darren Murphy gives his views on the current residential property market
Elmer George promoted to Residential Sales Manager
Posted on Tuesday, January 23, 2024
We are delighted to announce that Elmer George has been promoted to Residential Sales Manager with effect from 1 st January 2024.
Professional landlords unphased by property market fears
Posted on Tuesday, January 23, 2024
The vast majority of portfolio landlords have purchased property in the last six months, according to newly released data.
Majority of landlords not intending to sell any property
Posted on Tuesday, January 23, 2024
Only a third of landlords intend to sell some property, according to the latest Landbay survey.
Home improvements most popular use of equity release
Posted on Tuesday, January 23, 2024
Home improvements continued to be the primary reason for new equity release customers, data from Legal & General Home Finance shows.
The best ways to add value to your property in 2024
Posted on Tuesday, January 23, 2024
GetAgent.co.uk offers eight achievable home renovation ideas that will add value to your property ahead of putting it on the market this year.
RICS: UK housing market activity on the up
Posted on Tuesday, January 23, 2024
The December 2023 RICS UK Residential Survey shows activity picking up, and an improvement on November’s figures as the trend towards lowered mortgage rates continues.
Landlord investment continued to be supported by stable yields and strong demand
Posted on Tuesday, January 23, 2024
Landlord investors are continuing to benefit from high levels of tenant demand and steady rental yields, according to the findings of newly released research undertaken on behalf of Foundation Home Loans.
Nearly half of first time buyers get help from govt schemes
Posted on Tuesday, January 23, 2024
Almost half (45%) of first-time buyers purchased their property with help from a government scheme.
Fixed rate mortgage prices continue to fall as lender competition escalates
Posted on Wednesday, January 10, 2024
Average rates on two- and five-year fixes have been falling this new year as lenders compete on price, the latest data from Moneyfacts shows.
