Mortgage arrears dropping – PropertyWire
Just 11,830 buy-to-let mortgages were in arrears in the first quarter of 2025, figures from UK Finance show. This represents an annual reduction of 6%, while it means just 0.61%…
Scotland passes soft rent controls
The Scottish parliament has agreed to limit rent increases to CPI+1%, to a maximum of 6% for properties in rent control areas. This is a more relaxed form of rent…
More homes required for older renters
Disabled and older renters are underserved by the private rented sector, says estate agency body Propertymark. There’s a lack of bungalows available to rent, at just 19,200 following an annual…
Calls for Boiler Upgrade Scheme to include hybrid heating systems
Most homebuyers think hybrid heating systems that combine air source heat pumps and gas boilers should be covered by its Boiler Upgrade Scheme. The scheme offers grants of up to…
US buyers showing more interest in UK housing
The number of people enquiring from the United States about homes for sale in the UK is at an eight-year high, a report from Rightmove has revealed. US enquiries are…
Stamp duty push drives conveyancing costs up by 11.9%
The cost of conveyancing increased by 11.9% between Q1 2024 and Q1 2025 as buyers pushed to buy before the stamp duty holiday ended, analysis from reallymoving has revealed. Conveyancing…
Office and student accommodation demand fuelling commercial property revival
Office space and student housing are two sectors sparking a renaissance in commercial property demand, according to mortgage lender Together. Some 82% of property professionals, investors and developers agreed that…
Leicester buyers pay far more for garages
Homebuyers in Leicester pay amongst the highest premiums for garages in the UK, indicating that demand is especially high in the city, research from Zoopla shows. In Leicester the average…
House prices growth in Wales hits two-year high
The price of a home sold in Wales increased by 2.2% in the first quarter of 2025, the steepest growth in two years. This brings the typical property price to…
Propertymark calls for agent regulation timetable
Propertymark has called for a timetable in which agents will be regulated, after the idea was endorsed in the House of Lords. Lord Best said: “those who would be regulated…