UK property News Recap – 19.04.2024
This week, inflation falls short along with base rate cut expectations causing mortgage rates to increase. Legal challenges and promises are made while others are stalled. Annual and monthly data diverge while 2023 losses left the buy-to-let and construction sector reeling. Welcome to your UK property News Recap - 19.04.2024 The
UK property News Recap – 05.04.2024
This week, sellers “hop”ed for sales, first-time buyers bagged a few, Nationwide and Halifax prices melted and general approval increased. Keir Starmer promised a bigger selection, in years to come, to those who couldn’t participate in this year's property hunt as affordable and buy-to-let homes became unaffordable, hoping to secure
UK Property News Recap – 29.03.2024
This week the leasehold reform bill was picked at and spat out, MPs and Lords requesting a new serving. Lenders released their March data menu, some offering specials to first-time buyers to gain some free advertising. Transaction volumes increased…marginally….and affordability improved in some regions. Welcome to your weekly UK Property
UK Property News Recap – 22.03.2024
This week the Bank stalled for time, Gove set extra homework for Khan and sellers got over-excited while renters got relieved. Crest Nicholson got told off for submitting bad work and Banksy got excused for using up all the green paint. The cash-strapped board implemented increases to council tax, on
UK Property News Recap – 15.03.2024
This week ground rules were debated, consequences applied to empty homes, and tax incentives awarded to those repurposing land. Surveyors showed optimism, lenders pessimism while others reflected on lending and building with both concluding 2023 was a year best forgotten. Welcome to your weekly UK Property News Recap – 15.03.2024. Empty
UK Property News Recap – 08.03.2024
This week we were back at school. Foxtons and Travis Perkins promised to do better. Lenders, fearing they weren’t taxing enough, increased the difficulty of their papers. Hunt was marked on his fiscal delivery and lack of housing material. Halifax raised its hand but Nationwide interrupted, blurting out news of
UK Property News Recap – 01.03.2024
This week there were a number of takedowns; first Khan took on the Oligarchs, then the CMA crushed eight of the leading housebuilders. Gove tried to make a comeback but was ripped to shreds by leasehold reform lobbyists with his exemptions. Post-2023 analytics showed the losses caused by high inflation
UK Property News Recap – 22.02.2024
Half term over, the UK property market appeared to go back to school. Short lets sought permission, bailed out councils took away privileges. Sellers hoped for higher results while landlord growth was held back. Older borrowers took an extended sabbatical, while China got needy, overcompensating for past failings. In the
UK Property News Recap – 16.02.24
This week everything either flatlined or dropped. Be it political pre-election housing promises, prices, GDP or CPIH, nothing was getting off the ground except potentially seller realism and market optimism for base cuts in response to the UK being in recession. Every cloud….Welcome to another UK Property News Recap. Conservative Housing
UK Property News Recap – 09.02.2024
This week, the sales market took two steps forward, the rental market, two steps back. Redrow and Barratt came together, as sellers prepped to attract. Welcome to another UK Property News Recap. Average UK rents take a step back HomeLet's monthly review of average rents for January 2024 revealed that, for the