The UK property market continues to experience changes, with prime property prices falling across London and several regional markets. However, there are signs that the pace of decline is slowing as sellers adjust their asking prices and buyers become more confident about negotiating.
The UK housing market has entered the final part of the year on a cautious but surprisingly resilient footing, with house prices remaining unchanged in September despite continued pressure from mortgage rates, household costs and wider economic uncertainty.
The Conservatives have unveiled a series of proposals aimed at reducing taxation and regulation, with housing and housebuilding featuring prominently within their plans. The party has described the wider programme as the “biggest deregulation project in a generation”, with proposals including abolishing stamp duty on property purchases.
A new government scheme could help first-time buyers purchase with a deposit of just 2.5%. With more details expected at the October Budget, here’s what prospective buyers need to know.
Autumn activity is returning to the property market, but affordability continues to shape decisions. We look at the latest prices, buyer demand, mortgage figures and what they mean for movers.
The UK property market is entering another important period of change. The Government has confirmed plans to introduce independent regulation of property agents, with the intention of giving consumers greater protection and creating higher professional standards across the sector.
For many people across England, getting onto the property ladder can feel like a difficult balancing act. Now, the Government has announced a new initiative that could change the conversation for some first-time buyers.
Having an offer accepted on a property should feel like a major milestone. But getting from “offer accepted” to “completion” can sometimes feel like a very different story. New research suggests that conveyancing is now seen by many homebuyers as one of the biggest obstacles to a smooth property transaction — even more so than property chains.
There are significant changes ahead for landlords and the private rented sector in England, with the Government now providing greater clarity around the introduction of the new national rental property registration service.
The UK rental market is entering a new chapter, and landlords, tenants and letting agents are all having to adapt. One of the biggest changes is the move away from traditional fixed-term tenancy arrangements towards rolling, or periodic, tenancies.
The UK property market is entering an interesting period, with uncertainty surrounding the upcoming Autumn Budget causing some prospective buyers to pause before taking their next step.
The future of the United Kingdom is once again being discussed, with the First Ministers of Scotland, Wales and Northern Ireland meeting in Cardiff to discuss closer cooperation, economic issues, energy, Europe and wider constitutional questions.