Rightmove
Average price tag on a home fell by £1,617 month-on-month in July – Rightmove
The price fall was bigger than usual for July, with the distractions of the General Election, sporting events and holidays, Rightmove said.
Average asking rent outside London ‘hits new high of £1,316 per month’
The pace of growth in rental prices remains significantly higher than before the coronavirus pandemic, Rightmove said.
Typical first-time buyer mortgage payment ‘has jumped by 61% since 2019’
First-time buyers now face paying £227,757 for a home, rising to more than half a million pounds in London, Rightmove said.
Conservatives pledge to support first-time buyers and build 1.6m homes
The manifesto promises to make stamp duty cuts for first-time buyers permanent and deliver 1.6 million homes in England over the next Parliament.
Newly marketed house prices jump by more than £5,000 on average in March
The stronger-than-usual month-on-month price growth indicates that new sellers are feeling much more confident, Rightmove said.
UK house prices inch higher but ‘rapid rebound’ in property market unlikely
House prices inched up by 0.2% last month, compared with October, Nationwide revealed in its monthly House Price Index.
UK house prices have proven more resilient than expected, says Halifax
Despite recent house price falls,the average property value remains more than £39,000 above pre-pandemic levels, Halifax said.
Rents reach new record high with average home receiving 25 inquiries – Rightmove
The average advertised rent for a home across Britain, excluding London, has reached a record high of £1,278 per month, Rightmove said.
Competition watchdog probes land banks in housing investigation
The Competition and Markets Authority formally started a probe into the housebuilding sector and the private rental market in February.
Asking prices for UK homes falls at fastest August rate for five years
Rightmove said average new seller asking prices fell by 1.9%, or £7,012, on average to £365,895 in August.