As we enter the second half of the year, there are signs that the widely recognised pressures on the housing market are bottoming out. Perhaps recovery and real growth will be stalled a little by the general election and any consequent fallout, but we are now in the period when many commentators have predicted the...
ON THE UP: Buyers and sellers appear more confident now that inflation looks to be starting to settle and hopes grow of an interest rate cut. Analysis of the residential market nationally by property listings website Zoopla, published on Moneyweek, suggests supply is rising, with more homes for sale now than at any point over...
HOUSE PRICE GROWTH: Average UK house prices have returned to growth, reversing previous drops. Figures from the Nationwide show that prices rose by 0.4% in May to reach £264,249, up from £261,962 in April. The rise reflects a more confident mood among buyers, the building society says, after a period in which ‘significant affordability pressures’...
In property news today… BEWARE SALTBURN EFFECT: Ever thought of offering your home as a location for a period drama? A heritage insurance company has published a guide aimed at the owners of historic properties on how best to manage the risk of a film crew on site. The advice also covers what to do...
Prospects for growth in the residential property market are making the headlines with predictions from industry players. The BBC reports that house prices could rise by more than a fifth by the end of 2028, according to the latest forecast from a leading real estate services company. Property consultancy Savills says it has upgraded its...
How far would you be prepared to commute to find a cheaper place to live? Renting or buying in London has always been more expensive than in other UK cities so it’s no surprise many workers in the Capital live elsewhere and either use public transport or the car to travel to their jobs. The...
Westminster thoroughfare Buckingham Gate has been named Britain’s most expensive street to buy on. Homes there have an average asking price of £9.63 million, according to new data from property firm Rightmove. The street is near Buckingham Palace and Wellington Barracks, connecting with busy Victoria Street in the heart of London. It features a mix...
In national property news today, MPs have voted in favour of the Renters’ Reform Bill after a lengthy debate in the House of Commons. The legislation has implications for both landlords and tenants and includes a clause designed to delay a proposed ban on no-fault evictions until a review of the courts system has taken...
In the property news today… The rate of inflation has fallen, but more slowly than many commentators expected. What does this mean for the prospects of interest rate cuts? Good analysis by Estate Agent Today. Small and medium sized homebuilders have been given some helpful advice about accessing government finance for development projects. See commentary...
They left it late but what a great result – our local football club Portsmouth FC sealed promotion to the Championship with a 3-2 win over Barnsley, the winning goal coming in the 89th minute. As long-standing supporters, we congratulate all at the club for this success and look forward to seeing the team continue...
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