House price inflation rises to 3.7%
Annual house price inflation has climbed to 3.7% in June from 2.7% in May, bringing the average to £269,000, the government’s UK House Price Index has found. The average monthly…
Rental inflation eases off – but is still high
Private rental growth slowed in July, falling to 5.9% from 6.7% the month before, ONS data shows. Despite the slowdown rental growth is outstripping house price inflation, which rose by…
London tenants spending 42% of income on rent
London renters are now spending nearly 42% of their median income on rent, ONS Private Rental Affordability data for 2024 shows. This means most rentals in the capital are considered…
Commercial landlords overlooking legal way of recovering rent
Many landlords are failing to utilise Commercial Rent Arrears Recovery (CRAR), an effective way of recovering unpaid rent. With traditional litigation proving expensive and time-consuming, and lease forfeiture carrying significant…
Online auctions growing in popularity
Online auctions have captured 35% of the commercial property sales, up from just 13% in 2024, according to research from auctioneer Fisher German. Tom Dennes, head of auctions at Fisher…
London sees surge of student housing approvals
London has experienced a surge of student planning approvals in 2024 and the first quarter of 2025, proving cause for optimism, a report from planning and development consultancy Lichfields has…
Potential stamp duty change gets mixed reaction
Property experts are cautious about changes to stamp duty, though most acknowledge that the current system is flawed. Chancellor Rachel Reeves is reportedly considering swapping the tax with one paid…
Speculation around Capital Gains Tax changes in Autumn Budget
There’s speculation that capital gains taxes could be revamped to prevent wealthy individuals from hoarding wealth in the form of assets. As it stands, capital gains taxes on inherited properties…
Canadian construction struggling amidst US tariffs
Most Canadian construction professionals saw private residential activity drop in the second quarter of 2025, indicating that US tariffs are having a chilling effect on the industry. A net -34%…
Seoul and Tokyo the fastest growing housing markets globally
House prices have surged by 25.2% in Seoul in South Korea, making it the fastest growing prime market in the world. After Seoul comes Tokyo in Japan (16.3%), and Dubai…