Build-to-Rent: rest of UK catching up with London
Build-to-Rent is starting to gather steam outside London, as the capital is viewed as a mature market for the sector, analysis from debt advisory and investments firm Excellion Capital shows. As of Q4 2024 (latest available), London alone is home to 54,352 completed Build-to-Rent homes, marking an annual increase of +14.5% compared to Q4 […]
Rightmove says London back in vogue amongst owners and buyers
Five years on from the pandemic-induced ’race for space’ it appears London is back in vogue amongst existing owners and new house buyers. A new report from Rightmove says many of the Covid coastal and city trends which took place have now reversed. Lockdown restrictions, hybrid working and a general re-assessment of living priorities […]
Foreign buyers of UK homes head to north of England
The proportion of people from overseas registering to buy a home in Britain is down to 1.0% says Hamptons letting agency. This is the lowest percentage on record. Meanwhile in Prime Central London only 2.9% of prospective buyers were based overseas, down from a peak of 7.9% in 2009. Hamptons says the […]
Coastal homes take longer to sell as buyers return to urban areas
Five years on from the pandemic starting, many of the coastal and city trends which took place have now reversed. Lockdown restrictions, hybrid working and a general re-assessment of living priorities meant a surge in popularity for areas by the coast and countryside in the pandemic years. In March 2021, Cornwall overtook London as […]
Trump tariffs could freeze Bank of England base rate
The inflationary effects of President Donald Trump’s tariffs mean the Bank of England could keep the base rate at its current level for longer, according to an economist. While cutting the base rate from its current level of 4.5% could be a way to stimulate the economy, tariffs tend to have inflationary effects […]
Local authorities with the largest increases in Land Registry applications unveiled
New data analysis shows that a rural county in Wales was the local authority that saw the biggest percentage increase in property applications to the Land Registry last year. Powys, the rural county in mid-Wales, saw a 25.2% increase in applications as the volume of property purchases rocketed in the region, by comparison to […]
Average room rents see year-on-year rise of 1%
Despite average rents rising across the UK over the last year, rents in Birmingham have fallen for a fourth consecutive quarter. New data from SpareRoom has revealed that London room rents have fallen 1% year on year and now average £982 per month. Meanwhile, suburban areas are seeing high demand from renters, driven […]