Renovation Nation: UK Homeowners Spend £21 Billion On Renovations in 2021

  • Three-quarters (77%) of UK homeowners have invested in their property this year
  • Over half (51%) of UK homeowners said COVID-19 has played a role their decision to invest in their property
  • One in five UK homeowners have spent the majority of their home improvement money on their garden

The annual Renovation Nation Report by the consumer spending...

Home sellers achieved 98% of asking price in 2021

Home sellers achieved 98% of asking price in 2021 - These are the nation’s best performing postcodes

The latest data release by estate agent comparison site, GetAgent.co.uk , has revealed that the average homeowner in England and Wales achieved 98% of asking price in 2021, up from 96% in 2020.

GetAgent pulls data from all of the major property listing portals which are then...

Cost of buying a first home climbs almost £9,000 per year over the last decade

Research by MoveStreets, the property portal designed for the mobile generation, has revealed that the average first-time buyer across Britain has seen the cost of purchasing their initial home climb by £8,663 per year on average over the last decade.

It’s a tough ask to climb the property ladder in 2021 and Britain’s first-time buyers are now facing an average cost of £225,607 for...

Where can I buy a new-build for less than the cost of an existing home this Christmas?

Morning Katie

The latest research from Warwick Estates reveals that new-build homes carry a 40% premium compared to existing properties but that, in some regional markets, new-builds are actually up to 20% more affordable.

With the festive season upon us, many people are keen to buy a new home before Christmas. But today’s housing market is expensive, and new-builds, on...

Prime London market sees a 5.8% increase in buyer demand

The latest Prime London Demand Index by leading lettings and estate agent, Benham and Reeves , has shown that homebuyer interest in London’s high-end market has increased 5.8% annually for homes listed a £2m and above and 1.8% across the £10m+ market.

The index by Benham and Reeves analyses the ratio of homes listed as sold subject to contract or under offer as a percentage of all...

Finding property perfection easier than finding love for 57% of homebuyers

House hunting can be hard work but MoveStreets, the property portal designed for the mobile generation, has found that more than half of us found it easier than finding the right partner and for the vast majority, it was love at first sight when they did.

It’s no secret that our homes can hold incredible sentimental value above and beyond the price we pay for the bricks and mortar...

Are we too inconsiderate when viewing someone else’s home?

Research by the next-generation, virtual property viewings platform, U-See Homes, has found that the majority of home viewers are failing to consider the cultural differences of homeowners when entering their home during the viewing process - and it could cost them should they make an offer.

The UK is a melting pot of different cultures, religions and nationalities and, as a result,...

One in Five Adults in South West (16%) to Spend Money on Moving Home over the Next Yea

  • New research highlights that one in ten UK adults (11%), intend to spend money on moving home over the next year.
  • This is despite the recent boom as the stamp duty holiday deadline approaches in September, where many have already upped sticks.
  • The sudden influx of house movers has led to reputable removal companies being inundated, alongside ‘cowboy’ removing firms
  • ...

£68.8bn of property has been sold so far in 2021 - These are the most valuable property postcodes

Research from the national estate agent, Keller Williams UK , has found that Brighton is home to the nation’s most valuable property postcode so far in 2021, outside of London, of course.

Keller Williams UK analysed sold prices across the market in England and Wales since the start of the year and found that so far, a stamp duty holiday fuelled market has seen residential property...

70% of homesellers decide immediately whether or not to sell to a buyer

Research by the next-generation, virtual property viewings platform, U-See Homes, has revealed how a bad first impression could be very costly for UK homebuyers

While the market is booming, it’s very much become a seller’s market as huge numbers of homebuyers battle it out for the limited amount of homes currently on the market.

But slim pickings on the supply side could...