Tag: Zoopla
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London Landlords Cashing Out
The number of buy-to-let properties in London being put up for sale is skyrocketing, according to new research from TwentyCi. In July 2024, 22% of homes listed for sale in inner London were previously rented out. This is a record high and almost three times higher than the average across the UK. The trend has…
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Rental Growth Slows, But Don’t Expect a Price Crash
Zoopla has revealed that rental growth has slowed to its lowest level in over two years. But, while rents aren’t rising as fast as they were, they’re still on the up. The average UK rent is now a hefty £1,232 per month, a £66 increase compared to last year. But the rate of growth is…
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More Landlords are Selling Up, Driven by Tax Fears
If you’re a landlord looking to sell your rental property or second home, you’re not alone. A new analysis from estate agent Savills reveals a big jump in landlord sales across the UK – and it could be down to fears over changes to capital gains tax (CGT). The data shows sales of buy-to-let properties…
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House Prices Set to Rise – But Booms Are Over
Good news – house prices are going up! But don’t expect another property price explosion… For years, buying a house felt like watching your money grow on trees. Prices were shooting up! But lately, things have been a bit more, well, normal. After a bit of a dip last year, experts reckon house prices are…
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Two-Bed Terraces are Selling Fastest
Forget lengthy house chains, two-bedroom terraced houses are flying off the market in less than a month! According to property website Zoopla, these homes are in high demand, taking an average of just 27 days to sell. That’s almost a week quicker than the average house sale, which currently stands at 32 days. For six…
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Race For Space Sends Detached Home Prices Soaring! Is Now the Time to Trade Up?
The price of detached homes is rocketing as Brits scramble for more space. Estate agents are calling it a ‘race for space’, with families taking advantage of slightly lower house prices and the possibility of falling mortgage rates to finally bag that dream detached home. Detacheds Surge Ahead in Value Official figures from the Office…
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Landlords Selling Up? Yes, But There’s Still Opportunity!
It’s no secret that the property market has been a bit of a rollercoaster ride lately, with interest rates rising and landlords facing new challenges. But don’t get spooked just yet, because there’s still plenty of reason to be optimistic about investing in buy-to-let! Ex-Rental Properties on the Rise You might be wondering if the…
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Detached Houses Now £170k Pricier than Semis – But Buyers Don’t Care!
The dream of owning a detached home is alive and well, even if it means digging deeper into our pockets. It seems Brits are happy to pay a hefty premium for extra space and privacy – with detached properties now £170,000 more expensive than semi-detached homes. According to Lloyds Bank, a third of movers opted…
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London House Prices Still Falling – But There’s Good News for These Boroughs!
London house prices are down overall, but some areas are bucking the trend. Is it time to bag a bargain in the capital? London house prices have dropped by 0.3% compared to this time last year, according to the latest figures from property website Zoopla. That means the average London property will now set you…
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House Prices Set to Rise as Market Heats Up – Zoopla
Good news for sellers as Zoopla predicts a 2% rise in house prices by the end of the year! After a chilly 2023, things are heating up, with Zoopla reporting a surge in sales and buyers digging deeper to secure their dream homes. Prices Up Across the Board In a welcome turn of events, house…