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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.
Prime rental growth steadies but landlords lose confidence – Savills
11 hours ago · Prime rental growth steadied across the UK over the last three months of 2024, as the market continued to fall back in line with pre-pandemic seasonal trends. That’s the view from Savills, which says values remained flat on the quarter (-0.1%) across the prime London rental market, while annual ...
Rent increases plummet last year – but show massive rise since 2020
11 hours ago · Average rents have risen by 31.2% in Great Britain since October 2020, from £1,042 per month to £1,367, costing the average tenant an extra £3,912 per year.
Room rents fall in London and stabilise across rest of UK
Jan 13, 2025 · The UK rental market is showing signs of stabilising after a chaotic few years, as rent hikes slow across the country. That’s the view of flat-sharing website SpareRoom which says London is the only UK region where rents actually fell in the fourth quarter of 2024 – the average room rent in London decreased by 2%, from £1,015 in Q4 2023 to £993, markingthe most significant drop in London ...
Stamp duty hike leading to renegotiated prices on buy to lets
A leading agent says the stamp duty hike on additional homes from 3% to 5% announced at the Budget has triggered renegotiations on prices of homes on sale.
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.
Revealed – which property type enjoys largest price growth
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 …
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.
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.
Rent hikes still high, but first sign of a weaker market emerges
Goodlord says that September’s figure of a comparatively modest 5.3% could provide the first indication seen in many months that prices are starting to soften.