First-time buyers could save £5,000 depending when they buy household items

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First-time buyers could save more than £5,000 on the items they buy when moving into a new home depending on the month in which they make the purchases, new research has suggested. The First-Time Buyer Shopping Price Index from idealo tracked the cost of 37 home items to see how the total price varies for […]

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Cafés and restaurants outperform rest of UK commercial property market

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Cafés and restaurants have outperformed offices and retail spaces when comparing price growth within the UK’s commercial real estate market, new figures show. Analysis by HARNESS Property Intelligence examined the change in prices per square foot across shop, office and café/restaurant classes between 2010 and 2017. The analysis was focused on key regional cities across […]

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Increase in landlords planning to buy through limited company

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There has been a rise in the number of landlords in the UK who are planning on purchasing their next property through a limited company vehicle, according to new research. Based on 888 online interviews carried out in September 2019, almost two thirds of landlords plan to purchase their next property through a private company […]

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Housing Minister to form PropTech advisory council

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Housing Minister Esther McVey MP has unveiled plans for a new expert advisory council dedicated to the digital transformation of the property sector. The PropTech council will advise ministers on how to support and grow the sector further, the Government has said. It added that there would be a particular focus on how technology could […]

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Government pledge to build 200,000 new homes comes to nothing, watchdog finds

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The Government’s plan to build 200,000 new homes for first-time buyers in the UK has resulted in no homes being built, according to an industry watchdog. In 2014, the Government announced its target to build the “Starter Homes”, which were to be sold at a 20% discount to first-time buyers and aimed at those under […]

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Two thirds of property buyers and sellers see deal fall through in last 12 months

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Two in three property buyers and sellers have been involved in a deal that has fallen through in the last 12 months, according to new research. A survey by reallymoving showed the main reason for failed transactions was buyers and sellers changing their minds (29%). This was followed by a problem discovered on the survey […]

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Property transactions in prime central London rise in 2019

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There has been a rise in the number of transactions completed in prime central London across the first nine months of 2019, according to the latest data released by Knight Frank. The estate agent has said it recorded an 11% increase in prime central London transaction between January and September 2019 compared to the same […]

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Government commits further £4 million to tackle criminal landlords

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The UK Government has made available a further £4 million of funding to local councils to help them tackle criminal landlords. Housing Secretary Robert Jenrick announced that councils can apply for additional funding to better combat landlords who break the law and provide inadequate service to their tenants. It is an increase on the investment […]

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Women more likely than men to dream of homeownership but less confident

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Women in the UK are more likely than men to dream of owning their own home but are also less confident they will achieve this goal, a new study has found. The First Time Buyer Index from Aldermore surveyed more than 1,000 prospective homebuyers in the UK. Nearly nine in ten women (87%) said they […]

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Expect property market to feature on parties’ election agenda

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There are just 38 days until the UK public returns to the poll stations. And the build-up to the 2019 General Election on 12 December is, of course, destined to be dominated by Brexit. However, one can also expect the state of the housing sector to feature prominently. From landlord regulations and stamp duty reforms […]

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