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The Latest Breaking News from Richard Donnell

The supply of homes for sale is the highest it’s been for 8 years – this is why it’s a good thing

Zoopla’s latest report reveals why the housing market is turning for the better

Ideal Home

What could the General Election mean for London's property prices and rental reforms?

Will the property market summer slowdown start early? Or could we get a Rishi Rebound or Starmer Spring-up?

Evening Standard

Zoopla reveals monthly mortgage repayments are the highest they’ve been in the last 3 years

The report shows homeowners pay 61% more on monthly mortgage payments today than in 2021

Ideal Home

From analysis to the latest developments in health,
read the most diverse news in one place.

London houses still selling for £19,500 below asking price but market is springing back

The average price of a house sold in London currently stands at £534,000, reports Zoopla

Evening Standard

What does the Spring budget 2024 announcement mean for renters, homeowners and landlords

Chancellor Jeremy Hunt delivered his annual Spring budget and experts are disappointed

Ideal Home

Thinking of moving home in 2024 but not sure it's a good idea? This is what the property experts want you to know

We’ve asked the experts for their views on whether 2024 is a good year to move home

Ideal Home

Cash buyers have accounted for around a third of home sales in 2023 – Zoopla

People buying homes without a mortgage are often older, wealthier and buying cheaper properties.

The Independent UK

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Zoopla has good news for renters in 2024 – rental prices are finally slowing down, but don't celebrate just yet

Zoopla reports the growth of rents is set to slow down in the new year – signalling the tide of the rental market turning

Ideal Home

Annual pace of UK rental prices growth expected to halve by end of 2024

Annual rental prices growth is running at 9.7% but Zoopla expects this to slow to 5% by December 2024.

The Independent UK

‘A buyer’s market’: average £18,000 knocked off UK property asking price, says Zoopla

Average discount stands at five-year high despite ongoing long-term shortage of homes for sale

The Guardian - UK

£18,000 typically ‘shaved off’ asking prices to achieve house sales – Zoopla

In London and the South East, sellers are discounting properties by around £25,000, according to new figures.

The Independent UK

Prices falling in most local housing markets in UK, Zoopla finds

All local markets in London, South and East England registered annual house price falls.

The Independent UK

London house prices fall as UK market undergoes most dramatic slowdown since 2009

Homes in London are better value for money, reports Zoopla, but higher mortgage rates have impacted sales

Evening Standard

OPINION - The London Question: Is this the answer to our housing crisis?

Rents are soaring, yet offices go unused in Canary Wharf and the City as we WFH. Can’t they be turned into new homes?

Evening Standard

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The Guardian - UK

German inflation falls to 4.5%; UK home sellers increase discounts; mortgage rates ease – as it happened

Rolling coverage of the latest economic and financial news

Evening Standard

UK house prices declined at fastest rate since 2009 in August

Demand among home buyers has fallen, but in the rental sector there is a ‘yawning gap’ between the strong demand for homes and supply, Rics said.

The Independent UK

House prices declined at fastest rate since 2009 in August – surveyors

Demand among home buyers has fallen, but in the rental sector there is a ‘yawning gap’ between the strong demand for homes and supply, Rics said.

Evening Standard

Mortgage costs dampen affordability despite falling London house prices and rising wages

London’s price-to-earnings ratio is in single digits for the first time in 11 years

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news in one place.

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The Independent UK

Number of house sales this year ‘on track to be lowest since 2012’

The number of house sales with a mortgage is expected to be nearly a third lower this year compared with 2022, Zoopla said.

The Independent UK

Is now a good or a bad time to put your home on the market?

Uncertainty over mortgage rates and house prices mean would-be house sellers have some careful weighing-up to do. By Vicky Shaw.

The Independent UK

Housing markets where homes cost over £300,000 ‘more exposed to price falls’

Four in five local housing markets currently registering annual price falls have average prices of more than £300,000, Zoopla said.

The Independent UK

Locations with biggest concentrations of property value rises and falls revealed

Some property value falls have been concentrated in southern England, while the North and Midlands have been hotspots for homes rising in value.

The Independent UK

42% of house sellers ‘shaving over 5% off asking prices to achieve a sale’

Zoopla said its view is that 5% mortgage rates represent a ‘tipping point’ for the housing market.

Nottingham Post

Tenants are now spending an average of more than 28% of their earnings on rent

It's the highest proportion seen in a decade

Wales Online

Average British tenant is now spending more than 28% of their earnings on rent

It's the highest proportion seen in a decade

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People

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