According to new data from Foxtons, the London lettings market is showing resilience with a 25% month-on-month increase in new applicant registrations. This surge in demand, along with a material improvement in supply, has created a highly competitive market,...
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UK Rent Arrears Fall, But Challenges Remain
New research from Reposit indicates a positive trend in the UK rental market, with the value of rent arrears falling by 12% in the second quarter of this year to an average of £1,861. This also represents a significant 20% drop from the first quarter. The reduction in...
Housing and Rental Market Update
According to the Office for National Statistics (ONS), the average UK home price rose by 3.7% year-on-year in June, reaching £269,000. This is an increase from the 2.7% rise seen in May. Regional Breakdown: England saw prices climb 3.3% to £291,000, while Scotland...
London’s John Lewis Housing Plans Spark “Bland and Boring” Backlash
John Lewis's proposals to build rental flats in Reading are facing opposition from local heritage campaigners. The campaigners have criticized the designs for the new housing development, which is set to replace a vacant warehouse, as "bland and boring." They argue...
Unlocking Untapped Potential: Second Homeowners Consider Letting Properties
A new survey by Sykes Holiday Cottages reveals a significant shift among second homeowners in England who currently do not rent out their properties. Faced with rising costs, new tax rules, and council tax surcharges, 71% of these owners are now more likely to...
Rent Crisis: Rents Out of Control, Says Academic
Professor Richard Murphy, an accounting academic and economic justice campaigner, warns that UK rents are "out of control" and accuses landlords of "extracting wealth from the poor to enrich the rich." Citing data from the Office for National Statistics, Murphy points...
A National Flashpoint: The Planning Problem with Asylum Accommodation – will HMOs be used?
A recent High Court injunction in Epping, which blocked the use of a hotel to house asylum seekers based on a technicality of planning regulations, has brought a critical issue to the forefront of national policy. The decision highlights a growing concern that many...
Investing for Retirement: Is Property Still King?
A new report from Standard Life and analysis by wealth manager Netwealth suggest a significant shift in how younger generations are planning for retirement. While older generations have often viewed retirement planning as an "either/or" choice between a pension and a...
The State of England’s Housing: A Look at Nationwide’s Report
According to a new report from Nationwide, England's total housing stock has grown by 2.1 million dwellings over the last decade, reaching 25.4 million in 2023. This 9% increase slightly outpaced the population growth of 7% over the same period. The report breaks down...
London’s housing solution: student accommodation boom
According to new research from national planning and development consultancy Lichfields, London has approved more than 26,000 new student bedrooms since 2021. This recent surge in planning approvals, particularly during 2024 and the first quarter of 2025, is providing...
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