London house price growth to lag behind rest of UK until at least 2030 Property The capacity for house prices growing in London over the next five years is limited, according to property giant Savills, while Scottish and Northern prices are set to soar. By 2030, prices in the North West of England are expected to rise nearly a third to sit just 15 per cent below the UK average, [...]
National Insurance ‘final nail in coffin’ for landlords as some already seek exit Property A national insurance raid on landlords’ rental income risks being the final straw for smaller landlords, with some already making plans to leave the sector. The Chancellor is reportedly examining proposals for applying national insurance (NI) to rental income in the hope of raising £2bn. Earnings from property, pensions and savings are currently largely exempt from NI [...]
Estate agency Foxtons targets commuter towns in drive for growth Property London’s biggest estate agency, Foxtons, expects ever-rising demand for rental homes in and near the capital to help it double its profit in the medium term. The sales and lettings agency outlined plans to double its profit to £50m over the medium term by acquiring estate agents in commuter towns, integrating AI, and enhancing consumer loyalty. Chief [...]
House prices rise in April: ‘The market is baring its teeth’ May 8, 2025 House prices in the UK ticked up in April as the market unexpectedly bounced back from the end of stamp duty relief. According to Halifax, house prices increased by 0.3 per cent in April vs a fall of 0.5 per cent in March, making the average property now £297,781. Prices have been remarkably stable over [...]