Tag: TwentyEA
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Does London Rent Slowdown Spell Opportunity for Landlords?
Could falling rents in the capital mean more chances to snap up new tenants? New data suggests that landlords in London and Scotland could be seeing shorter tenancies in 2024. This comes as rents in these areas are growing at a slower rate than in the rest of the UK, according to analysis by property…
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Are Off-Market Property Sales Drying Up?
Sellers ditch discreet deals in favour of finding a buyer – fast! Off-market property sales, where homes are sold quietly through private networks and contacts, are losing their appeal, according to new data. Research by TwentyEA reveals that vendors are now almost 20% less likely to consider selling their properties off-market compared to last year.…
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Landlords Fleeing? Buy-to-Let Exodus Fuels Rental Crisis
It’s bad news for renters and a potential goldmine for savvy investors: landlords are selling up in droves, leaving a shortage of homes for rent and a bonanza of bargain buy-to-let opportunities. A Landlord Exodus New data from TwentyEA reveals a massive spike in landlords ditching their buy-to-let properties. In June alone, almost 28,000 homes…
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Election Fever Won’t Stop Brits From Buying Houses
The UK housing market is showing signs of resilience, with buyers and sellers continuing to make moves despite the upcoming election. According to new data from TwentyEA, the number of homes going under offer has actually gone up this year, compared to last year and even 2019, the last “normal” year before the pandemic. More…
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UK’s Fastest and Slowest Selling Homes
Recent research has illuminated the variances in how quickly different types of properties are selling across the UK. The findings, sourced from the latest TwentyCi and TwentyEA Property and Homemover Report, pinpoint which types of homes are flying off the market and which are lingering. In Wales, detached homes are taking longer to sell compared…
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Exchanged Property Prices are Still Rising
According to data from TwentyEA, property prices for exchanged properties have risen by an average of 3.8% over the past year and 22% since 2019, with a compound annual growth rate (CAGR) of 4% per annum. This indicates a consistent upward trend in property values. The gap between initial asking prices and exchanged prices has…
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UK Housing Market – Not as Bad as People Say?
Property data company TwentyEA are saying that the decline in house prices “may have been overstated” Main Points CEO’s Thoughts Colin Bradshaw, the head of their parent company TwentyCi, shared some thoughts with Property Industry Eye: In essence, while there are some challenges in the UK property market, it’s showing strength and resilience. The market…