Bank of England expected to hold base rate
The Bank of England is widely expected to hold the base rate at 4% today. Inflation stood at 3.8% for the second consecutive month in August, wage growth is slowing,…
UK short-term rental market sees softer demand but higher prices
The UK short-term rental (STR) market is seeing higher prices but softer demand, figures from short-term rental analytics company Key Data show. Forward bookings for autumn are tracking slightly below…
House share availability falling – PropertyWire
Despite tenant demand barely changing, house share availability is dropping, analysis from HMO management platform COHO has found. In England the number of available house shares has fallen by -15.2%…
West Sussex development launches – PropertyWire
Work has begun on an 83-home development in Billingshurst, West Sussex, which will be known as Elmfield Green. The Bellway development will feature a range of one to five-bedroom homes,…
Southern buyers benefitting from static house prices
Static house prices and lower mortgage rates are benefitting buyers across the south of England buyers most, Rightmove analysis shows. In London, where average asking prices are now 1.1% lower…
First-time buyers stretching to buy ‘forever homes’
Semi-detached properties are in the crosshairs of first-time buyers, as a fifth (22%) of homeowners are buying properties with more bedrooms than they need. Over a third (33.5%) bought semi-detached…
SME housebuilders should be handed regulatory exemptions to build, say MPs
A coalition of SME experts, including a parliamentary group, has called for SME developers to be given regulatory exemptions to help them compete with the big players. They could be…
Property fall-throughs cost economy £1.5 billion
Santander urges government to digitise homebuying process Santander has advised the government and regulators to digitise the homebuying process, as well as prevent gazumping ad gazundering. A government-owned centralised property…
RICS launches global construction standards consultation
The Royal Institution of Chartered Surveyors (RICS) has launched a consultation on global construction standards. The plan is to release a combined professional standard in Q1 2026, which will portray…
QuadReal buys 6,000-unit business – PropertyWire
Realstar – which operates using the UNCLE brand – has been acquired by Canada-based QuadReal Property Group. As part of the deal, QuadReal acquired 6,000 residential units across London, Manchester,…