Revised outlook follows a slow start to 2025, with economic and geopolitical turbulence weighing on the market
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Restoring confidence in flats among first-time buyers is essential if the housing market is to regain momentum, according to Hill Group’s CEO, Andy Hill (pictured). He says flats were once the first step on the property ladder for many buyers but have fallen out of favour in recent years. Stepping stones “[Flats] used to be…
A London flat has seen its sold price drop from £1.4million to £950,000 in less than seven years, having sold 15 years ago for an eye-watering £2.1million. It equates to a loss of £450,000 in the past seven years, or almost £65,000 a year during that period. It comes amid multiple warnings about household budgets…
House prices are set to rise slowly by between 1% and 3% next year, according to a cautious projection from Halifax. The lender says asking prices for properties will increase modestly during 2026, but warns that it is an uncertain forecast with economic factors had to predict. Other Halifax market survey findings: Forecast uncertainty remains…
The Ministry of Housing, Communities and Local Government has released new guidance on the Tenant Fees Act, aligning it with the Renters’ Rights Act and clarifing how issues such as Council Tax and TV licence payments should be treated ahead of the first phase of changes due in May 2026. The update is the latest…
The Government says tenants and landlords will have “swift access to justice” once Section 21 ends on 1 May 2026, yet industry figures argue the latest announcement does little to address the concerns they have raised since the reforms were first proposed. There were already huge delays in possession cases, and the switch to Section…
Rightmove will leave the FTSE 100 later this month after FTSE Russell confirmed the portal will be moved into the FTSE 250 as part of its latest annual review. The London Stock Exchange Group business that manages the FTSE indices announced the changes on 3rd June. Its review notice states that, barring exceptional circumstances, they…
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