Property news

Derelict property

A derelict property will still cost you £240,000 in today's market

The latest data from LandSale , the property portal dedicated to land and rural property, reveals that buyers looking to breathe new life into a derelict property could face an asking price as high as £237,500 on average, highlighting the substantial value still attached to redevelopment opportunities across Britain.

Britain continues to struggle with a severe housing shortage and, while the...

Keep up-to-date with the latest property news in the UK.

Starter home

First-time buyers are skipping the starter home

The traditional journey onto the property ladder is changing. Brits are buying their first homes later and increasingly after starting families, meaning many reach the market with different financial commitments and housing needs from previous generations.

Figures reported by the Financial Times show that the average UK first-time buyer is now approaching 34, compared with 29 in 2000...

British Wetlands

Wetlands: Britain's Climate Superheroes – and dragonflies are showing us why they matter

As Britain faces one of its driest summers on record, the British Dragonfly Society is highlighting the vital role healthy wetlands can play in helping our landscapes cope with extreme weather, and why dragonflies can be powerful ambassadors for their protection.

More than 70% of England is currently in drought, while rivers, groundwater, and reservoirs remain under pressure. Recent...

State Schools

Back to school: Property price premium to live near top state secondaries revealed

The latest research by Yopa has revealed that homebuyers face paying an average premium of more than £40,000 to live within reach of one of the nation's top state secondary schools, with the premium climbing as high as £275,000 in the most expensive location.

Yopa analysed current house prices across the postcode districts home to the nation's top 50 state secondary schools,...

Heat Pumps

Record number of heating oil households take the first steps to a heat pump

Thousands of households on heating oil are making the switch to a heat pump using the £9,000 Boiler Upgrade Scheme grant.

New figures published today (27 August) show total applications in July reached record highs, with 8150 households applying to install a heat pump.

The record-breaking figures are an 81% increase compared to June this year, thanks to additional interest...

Short lease flats

Short lease flats leave homeowners facing a £48,250 hit when they come to sell

The latest research from House Buyer Bureau has found that homeowners selling a flat with a short lease face an average asking price that is -22.1% lower than the wider flat market across England, reducing the value of a typical sale by £48,250. In Yorkshire and the Humber, the discount rises to 35.2%, underlining how a diminishing lease can become a costly obstacle when it comes time to sell...

Poor property maintenance

Poor property maintenance could wipe £59,000 from the value of the average landlord investment

The latest research by property management specialist, Rushbrook , has revealed that landlords who fail to adequately maintain their rental properties could see as much as £30,172 wiped from the value of the average buy-to-let investment across England, with this potential loss climbing to almost £59,000 in London.

Rushbrook analysed landlord-specific property values across each...

What's Driving the Rise in Demand for Rental Properties in the Yorkshire Dales

Tenants have been moving quickly across the Yorkshire Dales over the past year, with landlords in some of the area's most popular towns letting properties within days rather than weeks. Renters are drawn to the combination of national park scenery, strong transport links and a slower pace of life this part of North Yorkshire can offer, without losing a workable commute into Leeds or Bradford...

Fleeceholders

Fleecehold' fears shouldn't derail new-build sales, says Lyons Bowe

Homebuyers purchasing new-build properties are being urged to understand estate management arrangements before exchanging contracts, as privately managed communal areas become increasingly common across new developments in England.

However, Lyons Bowe Solicitors says that the presence of an estate management charge should not be viewed as a reason for buyers to reconsider purchasing...

Mark Zuckenburg

Buy like Zuckerberg: Three of the UK's best castles currently on the market

Following the news that Meta founder Mark Zuckerberg has added a 19th-century Gothic castle in Ireland to his property portfolio, LandSale, the property portal dedicated to land and rural property, has highlighted three of the best and most expensive castles currently listed on its platform.

Zuckerberg has purchased Strancally Castle in County Waterford, a Gothic-style castle built...

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