Record number of local authorities have build-to-rent in housing pipelines
Analysis published by the British Property Federation (BPF) shows the build-to-rent (BTR) sector continues to grow at pace. The total number of homes completed, under construction or in planning is up 13 per cent year-on-year to 237,000, and a record number of local authorities have BTR in their housing pipelines. The analysis, conducted at the […]
Total value of the UK homes surges
The combined value of UK homes has surged to over £10 trillion this year as strong demand and a lack of supply continues to drive house prices higher according to Zoopla. With the average UK household income now £34,100, some properties are making more than their owners’ salaries as the total value of homes has […]
Pace of growth in property market slows
House prices continue to rise across the UK in June, according to the latest Residential Market Survey, from the Royal Institution of Chartered Surveyors (RICS). But, suggests the research, the pace of growth is slowing amid fewer new buyer enquiries which is impacting sales. In the lettings market, however, rents are forecast to rise, due […]
The National Landlord Investment Show takes place next week
The National Landlord Investment Show returns to London next week, connecting thousands of landlords, investors and property professionals. Staged at Old Billingsgate on Tuesday, July 5, the event has become a beacon for anyone with an interest in managing or investing in property. Launched in 2013, it has grown exponentially year on year and this […]
Growth in popularity for co-living
In its latest UK Co-Living Spotlight, property company Savills estimates the sector has a potential core target market of 725,000 residents, including almost 160,000 in London alone. This is compared with a total of just 24,000 operational and pipeline units, demonstrating the scale of the opportunity. Co-living combines individual studio bedroom units and on-site communal facilities, […]
Prices for beach huts jump £10,000 in a year
As the weather warms up and our thoughts turn to days out beside the sea, we may idly start wondering whether it might be nice to own a colourful beach hut…. Well, think again! According to recent research by Rightmove, the average asking price for a beach hut has risen by more than £10,000 in […]
Landlords say they will prioritise better energy efficiency ratings
A quarter of landlords say they are likely to avoid buying properties with a low energy performance certificate (EPC), according to research by Shawbrook Bank. Proposed government changes to the Minimum Energy Efficiency Standard are likely to impact buying preferences the survey shows. Of the 1,000 landlords questioned by the Shawbrook Bank, nearly a third of […]
Norwich has among the UK’s highest value city homes
New data from property portal Rightmove has revealed Norwich to be among the top city price hotspots in Britain. The Norfolk city came eighth in new data from Rightmove, with asking prices rising 11.8 per cent over the last year, more than many other cities across the country. Currently, the average house price in Norwich […]
Average length of tenancies increases
Tenants are staying longer in rental homes, according to ARLA Propertymark’s Private Rented Sector Report. Data collected from members of the organisation continues to indicate signs of ongoing disparity in supply and demand with tenants remaining in their properties for longer periods of time. According to the report, this is in part due to rock […]
Demand for rented office space bounces back
The start of 2022 saw a jump in new tenants looking to rent UK commercial property, with the uplift particularly prevalent in prime office spaces. Investor enquiries across all UK commercial property also continued to rise, according to the Royal Institution of Chartered Surveyors (RICS) Commercial Property Market Survey, Q1 2022. Respondents to the survey […]
