The latest Rightmove tracker reveals an average mortgage payment £119 per month cheaper than at the same time last year. Mortgage payments for the average homeowner now stand 7% cheaper than a year ago, according to Rightmove’s latest tracker report. This is despite house prices being 0.5% higher in January than at the same time in 2025, and a jump from December to January of £35 in mortgage payments. Rightmove’s… Continue Reading Mortgage payments fall more than £100 – Rightmove

Markets are betting on a March cut after January CPI drops from last month’s 3.4% to 3% and cost pressures ease. Inflation fell to a 10-month low in January, prompting traders to raise expectations that the Bank of England could cut the base rate at its next meeting on 19 March. The Consumer Prices Index dropped to 3% from 3.4% in December, according to the Office for National Statistics, which… Continue Reading Inflation fall boosts hopes for interest rate cut

Mayor of London Sadiq Khan insists measures to boost new build figures in the Capital will help, despite claims from housebuilders they are unworkable. London Mayor Sadiq Khan (main picture) is in a “furious row” with developers over delays to measures designed to kickstarting housebuilding. The Government announced last year it is to cut the affordable element of each development from 35% to 25%, and to relax some of the… Continue Reading Mayor in ‘furious row’ with developers over housebuilding rules

Revealing land option agreements will improve transparency and help smaller developers compete for sites, says Planning Minister Matthew Pennycook. Developers in England and Wales could soon be required to disclose land option agreements and similar contracts, it has been revealed. The move is part of Government plans to create a public register of land that has been earmarked for development. Under the new proposals being developed by Planning Minister Matthew… Continue Reading New public register will expose developers’ private land deals

Landlords have borrowed £6.6bn in clear sign they have not been put off by looming Renters’ Rights Act. Buy-to-let mortgage borrowing continues to grow, with fresh lending figures indicating landlords are still investing in rental property despite regulatory change and headlines around landlord exits, according to Alexander Hall’s Managing Director Richard Merrett (pictured). The brokerage firm’s latest market analysis, which is based on historic Bank of England data, shows buy-to-let… Continue Reading BTL lending data shows landlords still investing

Industry body calls on London’s Assembly and boroughs to coordinate closely to avoid damaging the capital’s rental supply. Propertymark has warned the London Assembly Housing Committee that the scale and complexity of London’s lettings market is such that, without careful implementation, clear guidance and consistent enforcement, the Renters’ Rights Act risks causing serious disruption. In its written evidence, the industry body says that London’s private rented sector operates at a… Continue Reading Renters’ Rights Act implementation risks disrupting London’s rental market

Propertymark is warning that London’s existing housing shortage will get worse thanks to the Renters Rights Act. The trade body – in a response to a London Assembly consultation – has pointed out that the increased scale of the shortage involves London’s high student population. It’s estimated that there are more than 400,000 university students alone in London. Under the Renters Rights Act landlords with one- and two-bedroom properties cannot… Continue Reading Renters Rights Act to create growing London housing crisis

A slew of new reports show the growing concern in the private rental sector over delays for possession cases.  The Law Society of England and Wales is warning that the government must further invest in courts ahead of the Renters Rights Act. It says private landlord repossessions will continue to rise ahead of the Act coming into force in May. New quarterly statistics from the Ministry of Justice found that private landlord repossessions have increased by 3% compared with the same period last year.   This rise comes months before Section 21 evictions are abolished in England on May 1 and is… Continue Reading Anger grows over court delays for possession hearings

Critics say free challenges and delayed rent uplifts will encourage speculative claims and lead to huge backlogs at First-tier Tribunals. Reforms designed to protect private renters from excessive rent rises could overwhelm England’s housing tribunal system with tenants routinely challenging increases, senior judges, lawyers and landlord groups have warned. The Renters’ Rights Act, due to come into force on May 1, will overhaul section 13 of the Housing Act 1988,… Continue Reading Rent rise appeals will overwhelm tribunals under Renters’ Rights Act, warns top judge

Landlords are already facing long waits for possession even before May’s rule changes as possession timelines rise. Landlords in England and Wales are waiting significantly longer to regain possession of their properties, with the average process now taking more than 26 weeks as repossession volumes continue to rise, says Sim Sekhon (pictured), Group CEO at LegalforLandlords. The latest research from LegalforLandlords shows the end-to-end timeline from submitting a possession claim… Continue Reading Wait times for repossessions growing, warns eviction expert

Agents’ body Propertymark has renewed its call on government to unfreeze Local Housing Allowance (LHA). LHA is calculated by the government and, in theory, reflects local market rents.  However, since introduction in 2008,they have been frozen at different times.  In November’s Budget, Chancellor Rachel Reeves again froze LHA for 2026/27. Now Timothy Douglas – jead of policy and  ampaigns at Propertymark – has reiterated the demand for government action. He… Continue Reading Call for Labour to help tenants by unfreezing allowance

A new petition demands a government U-turn on new eviction policies and the creation of a rogue tenant database. The petition is on the official Parliament website and runs until late July. It calls for the introduction of a six-week fast track court process for possessions on mandatory grounds S8/7A (arrears and anti-social behaviour), wants a database of court-evicted tenants, and advocates a higher deposit cap to protect landlords against… Continue Reading Petition wants government U-turn on eviction and arrears

The average UK private tenant spent £10,580 on rent in 2025 – equivalent to 41% of their net income.   This marks a significant rise from 2024 when renters spent an average of 36% of their take-home pay on rent.  The personal share of rent paid by each tenant increased by £684 (6.9%), while average net income rose only modestly from £27,710 to £28,810.   The analysis by Canopy looked at some 119,000 individual renters, measuring average… Continue Reading Average tenant spends over 40% of net income on rent

Planning reforms alone won’t guarantee the government will meet its house building targets. That’s the message from Propertymark, which has issued a new position paper about the UK’s housing shortage.  The agents’ trade body says that while planning reform is frequently cited as the primary solution to the shortage, it hasn’t historically worked. Instead, Propertymark points out that even before current planning reforms, hundreds of thousands of homes were approved… Continue Reading Message to Starmer – house building targets in danger

Rumble with the Agents is set to return to London in June, for another unforgettable night of white-collar boxing, networking and fundraising. Now in its 11th year in London, the event has raised over £200,000 for charities. The 2026 London event will feature at least four live boxing bouts, with male and female volunteers from across the property sector stepping into the ring after four months of training.  Participants commit to an intensive… Continue Reading TV star Paul Shamplina packs another punch for charity

Steep increases in room rents are diminishing savings and keeping older renters in shared homes for longer, it’s claimed. But this is creating a barrier to entry for younger renters, according to new data from flatshare site SpareRoom. As a result, under 35s in the flatshare market are in decline while those aged 35+ are rising. In the past five years, UK rents have risen 29% to £749 per month,… Continue Reading Rising rents mean flat-sharers are getting older

HM Revenue and Customs data shows that Capital Gains Tax receipts for 2025 were £13.646 billion. This is down from £14.900 billion in 2024 – a fall of 8.4 per cent. Jason Hollands, managing director at wealth management firm Evelyn Partners, comments: “Taxpayers are swerving this and the previous government’s crackdown on capital gains by sitting tight and deferring disposals, suggesting the futility of over-taxing investors and business owners. ‘The… Continue Reading Capital Gains Tax blow for Reeves as property investors sit tight

A committee of MPs has branded schemes that left 30,000 homes with insulation defects as “catastrophic.” The Public Accounts Committee (PAC) says the energy efficiency schemes had “serious failings at every level.” The schemes were instigated by the then-Conservative government in 2022. Now the PAC even goes so far as to recommend the issue be referred to the Serious Fraud Office (SFO). This all comes within days of the current… Continue Reading Energy efficiency schemes “should be referred to Serious Fraud Office” say MPs

Letting agents’ body Propertymark is taking credit for a softening of government policy on EPC targets for the private rental sector (PRS). PRS homes must meet EPC Band C by October 2030 unless an exemption applies.  This extended deadline is described by Propertymark as “a welcome change” from a possible 2028 target date and, there body says, follows its meeting with the energy minister.  Properties meeting EPC C before October… Continue Reading Propertymark still unhappy at private rental sector EPC target