Tenants are showing signs of returning to major cities to take advantage of rents that were lowered during lockdown, a report suggests.
Work and leisure restrictions, as well as younger adults returning to live with their families, meant demand dropped in the last year.
This in turn led to rent falls, including a drop of 9.4% in London, according to property portal Zoopla.
But, since Easter, it said demand had picked up.
Average house prices have climbed about £20,000 in the last year, the Halifax says, as the buying frenzy prompted by the stamp duty holiday continues.
Prices are up 8.2% in the last 12 months, the highest annual growth rate for five years, it said.
Altura mortgage broker Rob Gill said "fear of missing out" (FOMO) was driving the surge.
The government will lay out its legislative agenda for the new parliamentary session this morning in the Queen's Speech which is widely expected to include a new planning bill aimed at ramping up home ownership across the North and the Midlands.
Leasehold flat owners could see billions wiped off the value of their properties, should they find they own one of the properties affected by ACM and other unsafe materials, according to new research from StripeHomes.
Brits have always been a green-fingered bunch. However, due to several lockdowns, a highly impressive 71% of homeowners have invested in their garden since the start of last year, rising to 75% among those who have been furloughed.
Letting agents can play a key role in helping the rental sector adapt to the latest government legislation, known as Breathing Space, according to PayProp.
The majority of London homes are not known for their generosity when it comes to outside space. In the current climate, where gardens and even parking spaces are a highly sort after commodity, landing a prime property close to open space may be your best shot.
Mortgage borrowers trapped on interest rates of more than 5% say they are “disappointed, distressed and betrayed” after MPs voted against a cap on how much lenders can charge.
Homeowners have reacted with “horror” after parliament finally voted against protecting them from post-Grenfell fire safety costs that could run to £10bn.
According to recent analysis, depending on where you live could see you reduce the time to save for a deposit by over two years should you take advantage of a 95% mortgage.
MPs have for the fifth time rejected an attempt to protect hundreds of thousands of leaseholders from crippling fire safety bills of up to £100,000 each.
Brexit and weak pound helped London leapfrog Hong Kong and New York in 2020
International property consultant Knight Franks' Liam Bailey, Global Head of Research, is reporting this week that the world's ultra-wealthy spent almost $4 billion on super-prime properties ($10m+) in London last year, more than any other city.
Using recently published Government data, new research by Paragon has shown that the North West is the most affordable region for tenants, followed by North East and Yorkshire.
Coastal towns in the south of England and Wales are leading the way in a 9% climb in demand for new build homes during the last year, according to new data.
With a number of the UK's coastal cities home to universities, student accommodation platform, Uni Homes, has highlighted which are home to the lowest rental outgoings for students keen to study by the sea.
Announced by Housing Secretary Robert Jenrick over the weekend, a major action plan, including over £150 million funding to help more people build their own homes, has been launched by the government.
Whether you’re looking to purchase your first property, downsize or even buy a second home, when weighing up house-hunting options, there is one long-standing debate to be had – choosing between a house or an apartment.
A number of prime central London postcodes are seeing homes sell at a considerable discount of up to -20% per square foot, highlighting that in many areas there is a notable difference between the expectations of home sellers and the price that buyers are willing to pay.
It’s taking an average of 15.57 weeks to sell a property across England, according to the latest data released by house buying firm, Property Solvers, who analysed 23,499 property sales across the region between April 2020 and April 2021.
Almost half of UK homeowners undervalue their home by an average of £46,300 and over 1m properties in the UK could be worth £100,000 more than their owners realise, according to the latest Zoopla data.
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