Latest News
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UK Mortgage Demand Bounces Back in First Quarter of 2024
The UK witnessed a significant upturn in the demand for mortgages, signalling a refreshing phase of stability in the property market. This positive shift, documented in the latest data from the Bank of England, breaks a pattern of uncertainty, highlighting a renewed confidence among homebuyers and investors. The Bank of England’s quarterly survey, which gauges…
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Brighter Days Ahead for UK Homeowners – House Prices Set to Rise
UK house prices are poised for a comeback, signalling good news for homeowners and potential buyers alike. After a period marked by declining prices due to rising interest rates and a cost-of-living squeeze, the latest industry poll from the Royal Institution of Chartered Surveyors (RICS) brings a ray of hope, indicating a potential uptick in…
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Heat Pumps on Display – A First-Hand Look at the Future of Home Heating
To help spark a nationwide switch from traditional gas boilers to greener alternatives, UK homeowners now have a unique chance to see electric heat pumps in action. Thanks to a new initiative led by the innovation charity Nesta, curious individuals can now book visits to the homes of early heat pump adopters via the newly…
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Don’t Miss Out on Electric Vehicle Charging Grants
Time is ticking to claim generous grants for installing EV chargepoints. Whether you’re a landlord, renter, business owner, or someone parking on the street, you have until 31 March 2025 to grab hundreds of pounds in financial support for each charging point you install. The Office for Zero Emission Vehicles (OZEV) has opened its wallet…
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Property Fall-Throughs A £60m Headache for Estate Agents
The first quarter of 2024 has seen the UK housing market hit a stumbling block, with nearly one-third of all property sales not making it past the finish line. This trend is causing headaches for potential buyers and sellers and is also punching a hefty £60m hole in estate agents’ pockets annually. According to fresh…
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UK Housing Construction Falls
The construction sector, particularly within the residential domain, has witnessed a dramatic downturn. This trend, highlighted in Glenigan’s latest industry review, showcases deepening investor apprehension and the direct impact of economic strains on housing construction starts. The report, focusing on the period up to the end of March 2024, scrutinises the commencement of construction projects…
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UK’s Single Family Housing Rental Market Skyrockets
The United Kingdom’s single family housing (SFH) rental market is witnessing growth like never before. Fueled by a strong appetite from investors, this sector has seen investments rocket to a staggering £1.9 billion in the last year alone, according to the latest findings from Knight Frank’s 2024 Single Family Housing Report. Record-Breaking Investments 2023 was…
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Rental Rebound – UK Landlords See Yields Rise in 2024
For landlords across England and Wales, the start of 2024 has brought a slight but significant boost in rental yields, indicating a potentially prosperous year ahead for property investors. A report from Fleet Mortgages has highlighted an increase in rental yields – the profit landlords make from their rental properties – by 0.4%, reaching an…
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Savvy Buyer Snags Dream Home for £75K Under Asking Price!
Today’s Inews features the story of Linda Webb who, alongside her husband, transformed their property search from a prolonged hunt into a victorious bargain by taking a bold step that many might shy away from. Living in rental accommodations for what felt like an eternity, their quest for a new home took a turn when…
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Swipe Right on Your Dream Home – Google-Backed AI App Hits London
A new player has entered the London property scene, promising to shake things up with the power of artificial intelligence. Jitty, an AI-powered property search app, has officially launched in the heart of the UK, bringing an innovative approach to finding the perfect home. Developed by a trio of visionaries formerly associated with Deliveroo in…