Property news

Essential Drain Checks for Homeowners

As a homeowner, you probably don’t spend much time thinking about your drains, until something goes wrong. But a little attention now and then can save you from unpleasant surprises later. Clogged sinks, slow drainage, or even sewage backups often start with small issues that build up over time. The good news? You don’t need to be a drain specialist to keep things in check.

Here are the...

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

Homebuyers priced out of EV ownership due to sky high cost of buying near public charging ports

The latest research by eXp UK , the platform for personal estate agents, has revealed whilst electric vehicles (EVs) may be growing in popularity, those in search for a home within an area offering plentiful opportunity to charge one in public will need to pay over £500,000 for the pleasure.

eXp UK analysed current data on the number of publicly available EV charging devices found...

‘A million leads proves market confidence,’ says PropTech boss

Political and economic stability are encouraging more movement in the housing market, according to new figures released by online valuation specialists, The ValPal Network (TVPN).

New data shows that members have generated more than 1m leads so far this year – passing the milestone a month earlier than normal.

TVPN director, Craig Vile said: "Times have been tough in recent...

Tech has changed the property sector for the better

The latest industry insight from Material Information and digital property pack provider, Moverly , has revealed that the vast majority of property sector professionals believe that technology has helped improve both the operational efficiency of the property market, as well as the consumer offering provided to buyers and sellers, with the evolution of property portal and online conveyancing...

Labour's ambitious housing targets could boost market value by £161.6bn in five years

The latest research London lettings and estate agent, Benham and Reeves , has revealed that should Labour honour its commitments to deliver 370,000 new homes a year, it would not only boost housing delivery by 22%, but it could bring a £161.6bn boost in value to the housing market across England.

Benham and Reeves looked at the increase in housing delivery proposed by Labour via...

Properties surrounding London's park commanding healthy house price premiums

The latest market insight from London's largest lettings and sales estate agent brand*, Foxtons , has revealed that London's much loved parks are attracting house price premiums of 53% compared to the wider market average, with Green Park home to the highest premium of the lot.

Foxtons analysed current market data looking at house prices in each of the postcodes straddling 13 of...

Rates cut to spur mortgage approval uplift historical market trends suggest

CEO of Octane Capital , Jonathan Samuels, says that the Bank of England's decision to reduce interest rates at the start of August is likely to bring about a positive boost to the housing market, as historical data reveals that mortgage approvals climb during the three months that follow a base rate cut.

Octane Capital analysed historic mortgage approval figures stretching back to...

Best schools command hefty house price premium - and the divide could widen as Labour sets sights on private school VAT tax relief

Living near 'outstanding' rated schools commands a house price premium - both compared to lesser rated schools and the surrounding area - that's according to the latest analysis from Yopa, the full-service estate agents.

Yopa analysed current housing market data for almost 18,500 schools up and down England*, looking at the average house price in each schools postcode, how the cost...

7 insider tips to lock in a lower mortgage rate

While many mortgage lenders have reduced their rates following the recent Bank of England base rate reduction, some borrowers may still find themselves without access to these competitive deals for an array of reasons.

It's, therefore, important to explore your options to ensure you secure the best possible mortgage rate .

To help, mortgage comparison website Uswitch has...

Reapit webinar to help agents navigate new EPC targets

With new Energy Performance Certificate (EPC) targets for rental properties on the horizon, the UK's private rented sector is facing a period of substantial change – and a hefty bill. Reapit, the leading technology provider to the UK property industry, is hosting a new webinar to help agents and landlords understand the full implications of the new EPC C target and manage the transition...

'Work with industry on EPC targets for tenants' sake,' says expert

By Steve Richmond, Reapit General Manager, UK&I

With Labour's election victory, a new EPC target has been announced.

In mid-July, the new Secretary of State for Energy Security and Net Zero, Ed Miliband, announced that landlords will need to raise the standard of their accommodation to an EPC standard C by 2030. Understanding the cost implications would be significant,...

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