Experts Warn New NI Levy Will Send Rents Soaring
Landlords could be hit with a new National Insurance (NI) levy on rental income in the Autumn Budget, in a move the government is apparently considering to plug the black…
Majority of UK Homebuyers Lack Confidence Labour Will Deliver on Housebuilding
Less than half of UK homebuyers are confident that Labour will deliver on its pledge to deliver more homes, according to new research from Market Financial Solutions. The London-based specialist…
Mansion Tax Would Spark Exodus and “Kill off the upper end of the property market”
Property experts have slammed Rachel Reeves’ latest idea for plugging the gap in the UK’s financial purse, saying a mansion tax is “short-termist” and could see even more wealthy people…
Rental Affordability Getting Worse in England: “Many Are in an Impossible Position”
Rental affordability is getting worse in England with property experts warning that “many are in an impossible position” and “paying over the odds”. In 2024, private renters on an average…
Lenders are Looking Positive With Their Pricing Right Now
More lenders have announced mortgage rate changes in the wake of the base rate cut to 4% last week, with brokers saying they “are looking positive with their pricing right…
UK Homebuyers Prioritising ‘Ready to Go’ Properties Amid Higher Borrowing Costs
UK homebuyers are increasingly prioritising properties in good condition rather than requiring extensive works as higher borrowing costs reshape their priorities, according to new research from Market Financial Solutions. The…
Property Down Valuations Soar – With Some Over £1m
Property experts have warned about a surge in “atrocious” down valuations as valuers become “overly cautious with the values that they are putting their names to” in a stagnant property…
Asking Prices Fall 1.2% in July: Buyers are Driving Hard Bargains, Sellers are Blinking First
Asking prices by new sellers dropped sharply in July, according to Rightmove, down by 1.2%, to £373,709, as “sellers blink first”. While there’s usually a seasonal dip in prices in…
House Prices Up, Rents Down – but “Property market remains incredibly busy”
HOUSE prices increased by 3.9%, to £269,000, in the 12 months to May 2025, up from 3.6% in the 12 months to April 2025, according to official data published this…