Spanish property market seeing steadily higher prices


Spain’s residential property market is now seeing an increase in construction activity, growing interest from international buyers and steadily growing prices, according to a new report. The hardships faced by Spain following the global financial crisis are now in the past, says the analysis from global real estate advisor Savills, and as a result the […]

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Number of new homes built reached an 11 year high


Over 170,000 new homes were built for the year ending June 2019, taking the number to an 11 year high, the latest official figures show. The newly published data from the Ministry of Housing, Communities and Local Government (MHCLG) shows that a total of 173,660 new homes were built during the 12 month period, an […]

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Property market picking up in England and Wales outside London


There are signs that the property market in England and Wales, excluding London, is picking up with average monthly prices up 2.8% in August to £269,685, the latest analysis report shows. However, annual price growth remains almost static at 1.1%, the weakest performance since 2012, and annual transactions increased by just 0.7% to 795,437 and […]

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Financial advisers see equity release becoming mainstream within 10 years


The majority of financial advisers, some 61%, believe that equity release will be regarded as a mainstream part of housing market finance within the next decade. There is still a lot of misunderstanding about equity release, however, with a new study from LV= finding that 55% of consumers are worried about how it will impact […]

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Study finds moving away from ideal location can make first home more affordable


The key to finding an affordable first home is buying around 30 minutes away from your preferred location, new research suggests. First time buyers often have to compromise due to high costs and two thirds are willing to consider properties not in their ideal location, according to the study from the Post Office. It also […]

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Learning kit created to help combat rogue landlords and letting agents


A Private Rented Sector interactive learning toolkit for local authorities to help them take action against rogue landlords and letting agents has been produced. It includes a learning module and a knowledge bank of technical questions and answers and is designed to complement recently refreshed guidance from the Ministry of Housing, Communities and Local Government […]

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Prices set to fall in England but rise in rest of UK over next three months


Property prices in England are set to dip over the next three months but rise in Scotland, Wales and Northern Ireland while overall the housing market is expected to continue to show resilience in the face of political and economic uncertainty. There are likely to be small monthly falls over September, October and November in […]

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Average rents rising in most of England as void periods fall


Average rents in London jumped by 8% between August and September, taking the average rents in the capital from £1,684 to £1,829 per month, the latest lettings index shows. Rents also increased by 8% in the West Midlands to 779 and by 12% in the South East to £1,187while elsewhere there was a more mixed […]

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Developers regard the North of Britain as having best opportunities


Nearly two thirds of British developers say they are set to invest more in the North of England by 2021, driven by the Northern Powerhouse initiative. Residential houses and flats seen as offering the biggest opportunities but shortage of suitable sites and access to finance are leading obstacles, according to a study by Together. Overall, […]

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