Tag: Propertymark
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House Prices Still Rising as More Buyers Chase Every Home
The latest figures show that house prices are still on the up – with nearly 10% more sales going through than last year. The average UK house price is still climbing because there are more buyers looking to move than there are houses for sale. This means buyers are often finding themselves competing with others…
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2.9 million Rental Homes Need Upgrades – Will Yours Make the Cut?
2.9 million rental properties need a green makeover. And if those properties want to meet the government’s proposed minimum Energy Performance Certificate (EPC) rating of C by 2030, a hefty £23.4 billion needs to be spent – averaging out to £8,074 per property. This news comes straight from Rightmove’s latest Greener Homes Report, which spills…
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House Prices Climb as Buyers Shake Off Summer Slump
Good news for sellers as asking prices see biggest jump in years, but experts warn the ‘cost-of-living’ Budget could cool things down. The average price tag on a home has jumped by almost £3,000 this month, according to the latest figures from property website Rightmove. This 0.8% rise, pushing the average asking price to £370,759,…
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Landlords May Get Help with Energy Efficiency Changes
The government’s new plans could see rental properties needing a major energy efficiency upgrade by 2030. Right now, you can’t rent out a property with an Energy Performance Certificate (EPC) rating lower than an ‘E’. But that’s about to change. The government wants all rental properties to be at least an EPC ‘C’ by 2030.…
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House Hunters Back in Force as Sales Surged This Summer!
Good news for anyone looking to buy or sell a home – the property market is heating up! Demand for homes is soaring. Property experts Propertymark have revealed that more buyers are flooding back to the market, eager to snap up properties. Their latest report shows the average estate agent branch saw a 4% jump…
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House prices climb closer to record high – Halifax
UK house prices are on the rise again, creeping closer to the all-time highs we saw back in 2022. But what does this mean for those looking to buy or sell? The average UK house price in August reached £292,505, according to new figures from Halifax. That’s a jump of 0.3% from July and a…
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House Hunters Back in Force but Price Wars Continue
Good news for sellers – buyer demand is on the rise again with more people registering with estate agents in July. But the bad news? The difference between what sellers want and buyers will pay is getting wider. Propertymark, the experts in all things housing, say their members saw an average of 71 new buyers…
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London House Prices Climb Back Above £530,000
London house prices have finally started to rise again after stalling last year. The average price of a property in London has gone up by 0.2% since this time last year. That might not sound like much, but it means the average London home will now set you back £536,300! This increase, revealed in Zoopla’s…
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Landlords Hit with £700 Fees as More Councils Introduce Mandatory Licensing Schemes
If you’re a landlord in England, you could be facing hefty new costs. A growing number of councils are introducing ‘selective licensing’ schemes, which require landlords to pay for a special license just to rent out their properties. According to a Freedom of Information request, the average cost of these licenses is a staggering £700.…
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Tenant Demand Stays High, Rents Keep Rising
The latest figures from Propertymark show that tenants are still hungry for homes, even as summer heats up. This means you can expect strong rental income and healthy competition for your properties. Tenants Still Eager, Buyers Taking a Break While buyer activity is cooling off as folks head for holidays, tenants are still very much…