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UK house prices have increased at the fastest rate in 18 months, although high mortgage rates still pose challenges for many prospective buyers, according to Nationwide.  The building society reported that the average house price in July was £266,334, up…

Propertymark is reaching out to all stakeholders across the entire industry to better understand the implementation of Material Information so far, and identify areas of potential evolution. Material Information sits under the umbrella of Consumer Protection from Unfair Trading Regulations…

The Bank of England has reduced interest rates for the first time since the onset of the Covid pandemic, a move hailed by one financial expert “starting a new chapter for the housing market”. After maintaining borrowing costs at their…

Guy Gittins Successive tax measures targeting buy-to-let investors have exacerbated Britain’s rental crisis, according to Foxtons’ CEO, Guy Gittins, as reported by the Telegraph. Gittins, who leads the London-centric estate agency, highlighted that the lack of government incentives has discouraged…

The July Goodlord Rental Index has reported unprecedented rental market figures, marking the highest averages ever recorded. The average rental cost in England soared to £1,470, a 7.5% increase from the previous year, surpassing last summer’s anticipated ceiling. In July 2023,…

HMRC figures for seasonally adjusted residential transactions in June 2024 showed a marginal month-on-month decrease for the first time since December 2023, falling by less than 1% from 91,880 in May 2024 to 91,370 in June 2024. Non-seasonally adjusted residential…

The number of people moving home increased by 10% in the first half of 2024, according to the latest Lloyds Bank Home Mover Review. In the first six months of this year the number of home moves recorded was 126,884,…

Angela Rayner An overhaul of the planning system has been announced today by deputy prime minister Angela Rayner, with all councils in England to be given new mandatory housing targets in the government’s plan to build 1.5 million more homes…

London estate agency Chestertons has continued its expansion in the capital with the acquisition of James Pendleton, an agency that has been operating in South London since 2003.  With branches across Wandsworth, Battersea and Clapham, James Pendleton will be absorbed…