Property news

Which bridging loan do you need? An expert's view for property investors

With the Labour government set to overhaul planning regulations in order to pave the way for delivery on its ambitious housing targets, property development is expected to accelerate over the coming months and years. With this, developer demand for flexible short-term property finance is going to increase. As such, Excellion Capital , the boutique debt advisory and investment firm, has released a...

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

Average house prices in urban areas are 10% higher

Are city home sellers really heading to the country?

The romanticised notion that many city-based homeowners are upping sticks and, well, moving to the sticks, has been heavily featured in the press in recent months.

However, the latest research by Barrows and Forrester suggests that this isn’t quite the case. Well, not yet anyway.

Barrows and Forrester analysed the latest transaction data from the Land Registry, splitting...

Property market boom sees estate agents earn nearly £1bn in commission so far this year

Estate agents have pulled in nearly £1bn in sales commission since the start of the year, according to homebuying platform, Yes Homebuyers .

Yes Homebuyers looked at the average fee charged by estate agents in each area, the number of transactions that have completed so far this year, and what this equates to in terms of the commission earned by estate agents across England and Wales...

The property market stood firm in Q2 despite the broader turbulence of lockdown.

Property market stands firm in Q2, but sellers are still too over-optimistic

The latest summary of market health from leading lettings and sales agent, Benham and Reeves , has revealed that the market stood firm in Q2 despite the broader turbulence of lockdown.

You can find the main findings below, as well as the full Q2 index attached.

Benham and Reeves have combined data from the top four house prices indices to give an overall view of market...

How much it would cost to build your very own 3 bed, semi-detached gingerbread house.

The Cost of a Real-life Gingerbread House is Revealed

Bake Off is back, bringing just the kind of sugary boost this country needs and it has the mortgage experts at Bankrate UK thinking, ‘ what if we could build a gingerbread house in real-life? ’

Using an adapted recipe from the baking Queen herself, Mary Berry, along with data on the cost of land in the UK’s major cities, Bankrate UK has uncovered how much it would cost to...

The UK's top DIY hotspots

It’s official, Norwich, the city famous for Colman’s mustard, Alan Partridge, and Admiral Insurance, is the UK’s DIY capital!

That is according to research conducted by The Metals Warehouse , the UK’s leading supplier of custom-cut metals.

Its data has shown that the East Anglian city, which is also renowned for its ‘on the huh’ phrase, a Suffolk saying meaning something is...

So far this year, there have been some 362 transactions across the capital for £3m

Ten private islands you can buy for the price of a high-end London home

While many lenders have started to tighten their belts in recent months, the high-end market remains unimpeded and is expected to drive price growth forward, as London remains the pinnacle of homeownership for the super-wealthy.

So far this year, there have been some 362 transactions across the capital for £3m or more and high-end homebuyers have paid an average of £4,975,462 to get...

Homesellers are out of pocket £607.5m a year due to property transactions falling through

Property sale fall throughs costing sellers £607.5m

Yes, you read that correctly. The time wasted in a single year due to property transactions falling through equates to 14m days for the 225,000 UK home sellers impacted as a result.

This is according to homebuying platform, Yes Homebuyers , who also found that homesellers are out of pocket £607.5m a year due to property transactions falling through.

According to the Advisory...

£1.744bn worth of unclaimed property is lying vacant across England and Wales

There’s £1.7bn worth of unclaimed property in England and Wales

The latest research by the property developer, StripeHomes , has revealed that there is currently an estimated £1.744bn worth of unclaimed property lying vacant across England and Wales, with London and the South East ranking as the top hotspots for unclaimed estates.

The latest figures show that there are some 7,991 estates currently left unclaimed in England and Wales and with an...

As many as 230,000 UK tenants have fallen into rent arrears

Landlords facing further losses of £9k due to eviction backlog once ban is up

Research by leading lettings management platform, Howsy , has revealed the vast amount of lost earnings that landlords in England could be facing when the eviction ban is lifted.

There are some 4.5m private rented households in the UK rental sector, supplied by an estimated 2.2m landlords .

However, a survey by Shelter recently revealed that as many as 230,000 UK tenants...

The cost of buying around one of the UK’s top international schools can be pricey

Homebuyers paying out 130% more to live near a top international school

The latest research by lettings and estate agent, Benham and Reeves , has revealed the cost of buying around one of the UK’s top international schools and which are currently most in-demand amongst homebuyers.

House Prices

The research found that property prices in postcodes home to a top Independent IB School average £542,583, 130% more than the current UK average of £235,...

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