Category: News

UK average house price hits record £208,000

UK average house price hits record £208,000

Property prices in the UK have increased to an average price of over £208,000 leaping by 9.5% year-on-year, the highest yearly growth since 2006. Summary: The average UK property price has increased to over £200,000, a 9.5% increase on last year The average price increase is the biggest since 2006, where property values rose by… Read more »

Changing tenant demographics driving UK PRS growth

Changing tenant demographics driving UK PRS growth

Growing tenant satisfaction within the UK private rented sector has seen a demographic shift as more families call rented accommodation home. Summary: Demographics are shifting as an increasing proportion of families and couples call the PRS home Over 80% of tenants currently in the UK private rented sector are satisfied with their landlords Landlords report… Read more »

Average UK house price hits record high

Average UK house price hits record high

The average price of property in the UK has hit £287,000, with the typical home in England topping £300,000 for the first time. Summary: House prices in the UK experienced a 0.8% growth rate in October, bringing the average price of a property to £287,000 The average price of property in England hit £300,000 for… Read more »

Lack of supply pushes up UK house prices

Lack of supply pushes up UK house prices

Demand continues to outstrip supply in the UK property market, with a lack of new properties driving up prices across all regions. Summary: House prices continue to rise across the UK as the number of properties entering the market fail to keep up with demand The number of new properties on the market fell for… Read more »