Property NEWS

The 2017 budget and its effect on the UK property industry

It would be fair to say that the biannual budget announcements can have a monumental effect on the UK property industry. Granted, there are occasions where the impact is more than others, but … Continue reading “The 2017 budget and its effect on the UK property industry”


UK house prices fall for first time in nearly two years

Average house prices across the UK fell by 0.3% from February to March, according to the latest monthly report from Nationwide, published on Friday. This is the first fall since June 2015, and … Continue reading “UK house prices fall for first time in nearly two years”


UK house prices end 2016 with 6.5% rise

House prices across the UK increased to an average of £222,484 at the end of 2016, according to the Halifax. The UK’s largest mortgage lender said on Monday that the annual rate of … Continue reading “UK house prices end 2016 with 6.5% rise”


Can online estate agencies disrupt an entrenched property industry?

Offline agents have for a long time dominated the real estate industry and led many people to believe that they are unshakable. The revolution on how people buy and sell property began like … Continue reading “Can online estate agencies disrupt an entrenched property industry?”


UK housing market faces quiet start to new year

The UK housing market faces a slow start to 2017 because of a lack of stock, according to the Royal Institution of Chartered Surveyors (RICS). The professional body said on Thursday that supply … Continue reading “UK housing market faces quiet start to new year”


UK construction activity reaches eight-month high

Construction firms in the UK have continued to rebound from a post-referendum weak patch, according to industry figures released on Friday. The Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) showed that business activity … Continue reading “UK construction activity reaches eight-month high”


UK construction output weakest in four years

The UK construction industry recorded its weakest performance in four years in this year’s third quarter, according to new data from the Office for National Statistics (ONS). Construction output fell by 1.1% in … Continue reading “UK construction output weakest in four years”


UK construction sector returns to growth

Construction firms across the UK saw an upturn in business activity last month, according to figures released on Tuesday. The Markit/CIPS survey of purchasing managers in the construction industry showed that business activity … Continue reading “UK construction sector returns to growth”


UK house prices rising more slowly

Annual house price growth in the UK slowed down in September, according to the latest figures from mortgage lender Nationwide. Across England, Scotland, Wales and Northern Ireland house prices rose by 5.3% year-on-year, … Continue reading “UK house prices rising more slowly”


How Might the Chancellor’s Autumn Statement Affect Landlords?

The year 2016 has definitely been a turbulent one for Britons, especially landlords. The property market is still reeling from the result of the EU referendum in addition to some of the new … Continue reading “How Might the Chancellor’s Autumn Statement Affect Landlords?”


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