Latest Property News - Letting Agent Tips - Letting Agent Today
Estate Agent Today provides daily industry, Estate Agency, Property Market, Housing, Moving Home and Online Estate Agent News updates for the UK's letting agent community.
Housing market volatility ahead despite strong start to 2025
1 day ago · The housing market has enjoyed a strong start to 2025 with the Nationwide reporting average prices up 4.7% over the preceding 12 months. Northern regions saw higher price growth than southern regions, with Northern Ireland actually being the best performing area for second year running, with prices up 7.1% over 2024.
Boom time for regions as every area enjoys capital appreciation
1 day ago · The latest house price index from the Nationwide shows every single UK region enjoying price growth over the past three months and over the full year of 2024. Northern Ireland was the best performing area for the second year running, with prices up 7.1% over the year. Scotland recorded a 4.4%
Revealed – which property type enjoys largest price growth
1 day ago · The latest Nationwide house price index shows detailed breakdowns of the price growth of different property types. The lender’s most recent data by property type reveals that terraced houses have seen the biggest percentage rise in prices over the last year, with average prices up 4.4% in 2024.
Rents to rise 18% in next five years – and maybe more
As a result, properties are letting 20% faster in 2024 to date than during 2018/19, and there is further upward pressure on prices. “High demand and low supply have been the influence behind the significant rental growth seen over the past few years.
Breaking News Archives - Letting Agent Today
2 days ago · Here is today’s Breaking News from Letting Agent Today. Join the debate by leaving a comment below a story – you will need to be logged-in to do this.
Rents still rising but growth cooling according to Connells data
The average rent for a newly let property in Britain hit a high of £1,384 pcm last month – but the pace of growth is cooling. That’s the verdict from Connells’ high end brand Hamptons.
Rents - how will they change by 2027? - Letting Agent Today
The rental market has experienced cooling growth rates following record peaks in 2023. Despite this slowdown, rental growth is still outpacing inflation, with both the costs of new contracts and renewals rising.
Agency leader warns of growing exodus of landlords
“Landlords have been exiting the rental market at the fastest rate since the pandemic. We need to encourage them back, not worsen the exodus. The tax system for landlords is nonsensical and is destroying the rental market.
Record rents as lettings sector braces for Budget impact
Average advertised rents outside London hit a 19 th consecutive quarterly record of £1,344 per calendar month (pcm), says Rightmove.. This was up 5.2% from last year, although this is the slowest rate of growth since 2021. London rents also hit a new record at £2,694 pcm, 2.5% higher than last year (£2,627 pcm)