Prime property prices up 3.4% in Edinburgh in year to July 2019

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Property prices in Edinburgh’s prime market have increased by 3.4% in the 12 months of July 2019 and by 0.9% in the third quarter of the year, the latest city index shows. At the top end of the market values have soared, up by 24% for £1 million plus sales over the year with the […]

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Room rents not affected by tenancy fee ban in England

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The cost of renting a room in the UK remains steady, up just 1% on last year, indicating that the sector has not been affected by the ban on letting fees in England which came into force in June. Northern Ireland is currently ranked as the UK’s cheapest place to rent with average rents of […]

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Number of leaseholds properties in England largely unchanged year on year

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There were an estimated 4.3 million leasehold homes in England in 2017/2018, equating to 18% of the housing stock, the latest official figures show. Of these, some 2.3 million or 55% were in the owner occupied sector and 1.7 million or 39% were privately owned and let in the private rented sector, according to the […]

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Fewer home sales falling through, new data shows

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New research shows that fewer property sales are falling through before completion, despite continuing uncertainty in the UK property market. Some 22.39% of sales fell through before completion in the third quarter of the year, down 3.1% from the previous quarter and down by 5.88% year on year, according to the data from Quick Move […]

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First time buyers using Help to Buy pay 10% more for new homes

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First time buyers in England buying a new home using the Government’s Help to Buy Equity Loan scheme are paying on average 10% more than those buying new homes without it, a new study has found. According to data collected from 41,500 First Time Buyers using reallymoving for home move services over the last year, […]

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Demand for new homes down over 8% year on year in England

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Consumer demand for new homes has fallen by 8% over the last year to its lowest level since 2013, according to the latest industry annual survey. Small house builders report current buyer demand at 2.9 out of a potential five, down from 3.14 last year, and this is expected to fall further to 2.75 next […]

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Courts in England failing to follow rules in housing cases

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Courts across England are failing to follow their own rules when it comes to the speed of dealing with residential repossession cases, it is claimed. According to the civil procedure rules which provide a code to ensure courts deal with cases justly, the courts are expected to ensure cases are ‘dealt with expeditiously and fairly. […]

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Courts in England failing to follow rules in housing cases

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Courts across the England are failing to follow their own rules when it comes to the speed of dealing with residential repossession cases, it is claimed. According to the civil procedure rules which provide a code to ensure courts deal with cases justly, the courts are expected to ensure cases are ‘dealt with expeditiously and […]

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Prime lettings market in London seeing highest demand or five years

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The lettings market in London’s prime property market is improving, with the number of tenancies agreed rising at its highest level for more than five years, new research shows. Overall tenancies agreed were up by 34% in the 12 months to August 2019, according to the figures from real estate firm Knight Frank and demand […]

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Sales slump in 2019 was mostly in the South of England, analysis shows

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The residential property sales slump largely affected the South of the UK, with 62% of areas that saw falling transactions in 2019 in that part of the country, according to new research. Indeed, most parts of the UK actually saw transaction volumes grow last year, the analysis by property developer Southern Grove found. It says […]

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