Over 100,000 homes held up due to defective EU laws will be unblocked between now and 2030, delivering an estimated £18 billion boost to the economy, the government has announced.
UK interest rates will peak at 5.5% next month as Bank of England policymakers try to minimise the impact of higher borrowing costs on the UK economy and avoid a prolonged recession, economists predict.
Property asking prices in the UK have fallen to their lowest point since 2018 as soaring mortgage rates add further pressure to buyers, data from Rightmove suggests.
The number of landlords falling behind on mortgage payments has risen by a third over the summer amid a streak of interest rate hikes, new figures have shown.
The majority of local authorities have failed to build a single council home in the past five years, according to shocking analysis that lays bare the scale of the social housing paralysis.
The number of tenants signing up with a lettings agent to find a new home showed a 'sizeable jump' in July, new figures reveal.
Prime Minister Rishi Sunak has thrown his weight behind Housing Secretary Michael Gove’s proposals to delay deadlines for EPC improvements in the private rental sector.
July was a record breaking month for the rental market, claims a PropTech company.
- UK House Prices Fall at Fastest Rate Since 2009 as Buyers Struggle to Afford Mortgages
- Landlords, is the Rental Market Still Profitable?
- UK Mortgage Approvals & Consumer Credit Jump Unexpectedly in June
- Bank of England Announces Yet Another Interest Rate Rise
- Only Top 10% of English Earners Can Afford Average home in Under 5 Years
- 1 in 5 Tenants Put Their Property Purchase Aspirations on Hold
- Bank of England Set to Raise Rates to 5.25%
- Prime Minister Commits to 1 Million New Homes Promise