What Savills and Knight Frank’s Warnings Mean for Homeowners
Two of the country’s largest agencies have turned more cautious on the housing market this week, and the headlines have followed close behind. Savills and Knight Frank both run respected research teams, so when they flag a tougher year ahead it is worth understanding what they have actually said rather than reacting to the alarm. […]
The Right Tenant Changes Everything
Rent arrears have hit a record high of £2,281 on average in Q1 2026, according to the latest industry data. For landlords without the right protection in place, that figure is more than just a statistic. With rent arrears reaching record levels, landlords need more than just a tenant, they need the right tenant, the […]
More Than Half of Sales Collapse But Yours Does Not Have To
New research has revealed that 58 per cent of house sales in the UK now collapse after an offer has been accepted. The average fall-through costs buyers and sellers £2,830 in lost fees and around three months of wasted time. For many, the emotional toll is even harder to bear than the financial one. At […]
What the 2.8% Inflation Drop Means for Your Property Plans
This morning’s inflation figures caught many off guard. The headline rate dropped to 2.8%, down from 3.3% in March, defying expectations given the ongoing uncertainty around the conflict in Iran. It still sits above the Bank of England’s 2% target, but the direction of travel is encouraging. Ben Thompson of the Mortgage Advice Bureau welcomed […]
Sellers Pause for Thought as Housing Market Loses Momentum
With many homeowners feeling uncertain about moving, the key is not to panic or withdraw from the market, but to make sure your property is positioned correctly from the very beginning. A more cautious market does not mean that buyers have disappeared. It means buyers are taking longer to make decisions, comparing properties more carefully, […]
Leasehold Ban Unlikely Before the Next General Election
The housing minister Matthew Pennycook has confirmed it is highly likely that the ban on new leasehold properties will not come into force before the next general election. While the government remains committed to passing the legislation needed to abolish the feudal era system within this parliament, the minister acknowledged that switching on the ban […]
Bank of England Holds Interest Rates as Iran War Uncertainty Continues
The Bank of England has held interest rates at 3.75%, as uncertainty continues to dominate both the UK and global economies following the ongoing conflict in the Middle East. Analysts widely predicted the benchmark rate would remain unchanged, with the Bank signalling it needs time to assess the full impact of the Iran war on […]
Is the Value of Your Letting Agent Actually Visible to You?
New research has exposed a growing disconnect between letting agents, landlords and tenants in the private rented sector, at precisely the moment the Renters’ Rights Act is set to transform how it operates. A survey of 2,650 industry participants, published by Goodlord in a report titled Is Renting Broken?, found that 76% of letting agents […]
Are Rising Mortgage Rates Costing You More Than You Think?
If you have a mortgage, the latest report from the Bank of England makes for important reading. The Bank’s financial policy committee has warned that 5.2 million UK households could face higher mortgage repayments by the end of 2028, driven by the ongoing economic fallout from the Middle East conflict. That is 1.3 million more […]
Everything Landlords Need to Know About the Renters’ Rights Act 2025
The Renters’ Rights Act 2025 is the most significant reform to the private rented sector in decades, and Phase One brings changes that affect every landlord and tenant. From the abolition of Section 21 to new rules on rent increases, fixed-term tenancies, and tenant protections, there is a lot to take in. At Drivers & […]