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Housing crisis

  • House sales rise in summer, but will property tax rumours kill confidence?

    August 29, 2025

    The UK housing market has proved remarkably resilient this year despite significant pressures, with sales on track to match 2022 highs. The number of UK residential transactions in July was 95,580, four per cent higher than July 2024 and one per cent higher than June 2025, according to the latest data from HMRC. The market [...]

  • Reeves warned that ‘punitive’ tax hikes on landlords will choke rental sector

    August 28, 2025

    Property experts have warned that higher taxes on landlords’ rental incomes will have ‘severe’ unintended consequences for the rental sector and the broader housing market. The Chancellor is reportedly examining proposals for applying national insurance (NI) to rental income in the hope of raising £2bn. Officials are drawing up options for tax rises in an [...]

  • How the housing crisis is killing romance

    August 26, 2025

    Young couples are increasingly finding buying a house a bigger barrier to adulthood than getting married, says Emma Revell As bank holiday weekends ago, spending one in the gorgeous late August sun celebrating the wedding of two close friends is definitely up there. Weddings, along with buying a home and becoming a parent, are one [...]

  • Rental crisis in London worsens: ‘Payments border on the obscene’

    August 18, 2025

    Rents in London are taking up a larger portion of tenants’ earnings again after three years of improvements. Private renters on a median household income in the capital paid 41.6 per cent of their earnings on rent last year, up from 38 per cent in 2023 and the highest figure since 2021. The cost of [...]

  • Think tank calls for policy changes to avoid ‘eyesore’ council houses

    August 13, 2025

    A think tank has called for the overhaul of the way local authorities approach council houses to encourage building and avoid ‘eyesore’ houses. Policy Exchange’s report, which is backed by former Labour Housing Secretary Ruth Kelly and ex-Housing Minister Kevin Hollinrake, called for a new national design code for council houses as well as a [...]

  • Average age of first-time buyer in London hits 35

    August 12, 2025

    The average age of Brits buying their first homes has surged over the past two decades as house prices have risen faster than wages. The average age of a first-time buyer in London was 31 in the mid-2000s, but it has since risen to nearly 35, according to new research from Conveyancing Solicitor. Property expert [...]

  • Rent on newly-let homes falls for first time in five years after ‘relentless’ rise

    August 11, 2025

    Average rents on newly-let homes have fallen for the first time in around five years, according to a property firm. Across Britain, the average rent on a newly-let property fell by 0.2 per cent year-on-year in July, marking the first annual decline since August 2020, during the height of the Covid pandemic, Hamptons said. Despite [...]

  • Housebuilders in focus amid Labour’s planning reforms push

    August 10, 2025

    UK housebuilders will be in sharp focus as the sector grapples with construction woes, despite the Government ploughing ahead with plans to stimulate more building. Persimmon and Balfour Beatty will announce their half-year results on Wednesday, and Bellway will provide a trading update on Tuesday. York-based developer Persimmon said in May that forward sales – [...]

  • Over 50s mortgages help LiveMore turbocharge growth

    August 6, 2025

    According to Legal & General Mortgage Services, which is involved in around a third of all mortgage transactions in the UK, there has been a dramatic increase in the number of over-50-year-olds applying for mortgages. Rising house prices, coupled with increasing longevity, have pushed the average age of the first time buyer to 33, with [...]

  • Facing low pay and rising rents, a quarter of young Brits weigh UK exit

    July 29, 2025

    Over a quarter of young Brits are considering leaving the UK to escape the country’s stuttering economy and unaffordable housing market. As many as 28 per cent of 18-30 year-olds are either planning to quit the UK or have seriously considered emigrating, according to a poll from free-market think tank the Adam Smith Institute (ASI). [...]

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