“The next administration needs to reset its plans for the sector”

Rightmove has upped its house price forecasts for this year as new stock supply fails to keep up with demand.

It’s becoming ever harder to get on the property ladder, the average age of a first time buyer in the UK is 34, with the pandemic and the rising cost-of-living pushing the possibility of being a home-owner to later in life than many would prefer. Before Covid-19 hit, the average was 32.

Since the pandemic hit in March 2020, 25 towns and cities in the UK have rocketed in price by one quarter. Later life mortgage broker Responsible Life shared which UK destinations have become more expensive post-Covid.

72% of homebuyers think the process of purchasing a property should be taught to school children, as the majority felt under prepared and overwhelmed when purchasing their last home.

“Neither the Bank of England, nor the politicians running this country, have a clue what to do”.

A new survey by business consultancy Hargreaves Lansdown suggests that out of the 20 per cent of households who now rent privately, almost four in 10 exact to rent for their entire lives. 

The research from Benham and Reeves shows that across England and Wales, just short of a quarter of a million homes are owned by overseas buyers

The total market value of foreign-owned homes in England and Wales currently stands at £90.7 billion, research from Benham and Reeves shows.