Property news

Property Landlords Still Buying

The latest research from Benham and Reeves shows that despite the imminent rollout of Making Tax Digital and the Renters' Rights Act bringing new levels of compliance, regulation, and control over their properties, buy-to-let landlords are still buying up property assets at an increased rate, with the total buy-to-let mortgage value being lent increasing by more than 20% over the past year.

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

UK savings soar yet £225bn remains in non-interest bearing deposits

Record £125bn added to saving reserves during lockdown1, average £5,000 per household
Interest rates remain at historically low levels2
Bank of England estimates £1.6tr in household cash deposits - £225bn in non-interest bearing deposits

The Bank of England’s Monetary Policy Report1 in February 2021 showed that “households have accumulated...

TRULY, MADLY, DUPED: A third of romance scams during pandemic

Research* by savings and retirement provider, Aviva, has found that more than one in ten (14%) people say they have been the victim of a romance scam. Just over a third (34%) of victims were targeted since March, during the height of the pandemic.

A romance scam is defined as sending money to someone the victim has met online and formed a relationship with but has never met in person...

Increasing the stamp duty threshold could benefit 86% permanently

The latest research by lettings and estate agent, Benham and Reeves , has highlighted how many homebuyers could benefit each year if the government were to permanently increase stamp duty tax thresholds and remove tax for purchases up to £350,000, £500,000 and £750,000.

There’s no denying that the current stamp duty holiday has helped rejuvenate homebuyer demand, with 85% of buyers...

Impressive & completely renovated coastal holiday accommodation for sale in high desirable East Devon Village

Property specialists Stonesmith are thrilled to marketing the freehold sale of Belmont House - an attractive period, end of terrace residence, with origins that reputably date back around 200 years. Constructed from the famous Beer Stone under a pitched slate roof and having been the subject of considerable investment and improvement by our client during 17 years of ownership, Belmont House...

Research highlights the vast disparity in portal fees paid by UK agents

New research from Wiggywam, the all-in-one property platform, highlights the vast disparity in fees that UK estate agents are paying to the major property portals. But despite some agents paying tens-of-thousands of pounds each month, trust and satisfaction levels remain starkly low. The insight comes via WiggyWam's Movers and Shakers for 2020. An extensive industry survey of UK lettings and...

FTBS taking three years longer to get on the property ladder

Research by home buying platform, Yes Homebuyers , has revealed that the time it’s taking for first-time buyers (FTB) to save for their first home has grown by three years in some parts of the national property market.

Yes Homebuyers looked at the cost of the average FTB mortgage deposit at 15% of the current average FTB house price. Yes Homebuyers then looked at how long it was...

£171.7bn worth of property was sold in 2020 - Here are the most valuable spots of the market

Research by national estate agent, Keller Williams UK , has revealed that despite Covid causing a -38% year on year decrease due to lockdown restrictions, the property market in England and Wales still rallied to see a total of £171.7bn worth of residential property sold in 2020.

Keller Williams analysed all residential property sales to complete via the Land Registry between January...

The London postcodes where property values are up by as much as £500,000 during the pandemic

London homeowners have seen the value of their property climb by +£34,526 on average since the end of 2019, according to research from, Astons , the international experts on real estate, residency and citizenship through investment.

Astons analysed property price growth across the capital’s postcodes since December 2019 and found that many parts of the capital have enjoyed strong...

Has lockdown change the way we invest?

22% SPIKE IN FIRST-TIME BUY-TO-LET LANDLORDS DURING PANDEMIC

With the pandemic driving interest rates into the ground, it’s only natural that people are searching for a more lucrative return on their investments. Research by insurance and personal finance comparison experts Quotezone.co.uk reveals that 85% of those looking for landlord insurance own just one property – suggesting...

The UK’s North-South Home Ownership Divide 2021’s Most and Least Affordable Cities

House prices must drop by an average of 44 percent across the UK, according to research from Open Property Group. Based on an average annual UK salary of £32,319.60 for a single person, those who dream of owning a home can do so if prices drop to £141,398*. Currently, the UK average stands at £251,500. The disparity of home ownership becomes significant when data is analysed across the top 10...

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