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The Latest Breaking News from Tom Bill

Iran turmoil set to hit UK housing market as hopes for growth dashed

the Middle East conflict has dented sentiment and curbed spending power, expert warns

The Independent UK

House prices: London is only UK region to see annual fall amid Autumn Budget jitters

The average price of a home in the capital is now £556,000

Evening Standard

The end of stamp duty? Here's what scrapping the property tax would mean for London home buyers

The news that the Conservative Party has promised to abolish stamp duty tax will be welcomed by many London buyers

Evening Standard

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An end to stamp duty? What the rumoured new property tax could mean for London homemovers

First-time buyers may welcome an end to stamp duty tax, but experts warn that Londoners will feel they are ‘footing the bill’ for reforms

Evening Standard

London first-time buyers paying £240 less a month on mortgages than this time last year

Mortgage payments had dropped even before today’s rates changes by the Bank of England

Evening Standard

House sales fell back by 8% month-on-month in November – HMRC figures

Some 92,640 property sales were recorded in November 2024, which was 8% lower than the previous month.

Evening Standard

UK house price predictions for 2025: with pay rising and rates falling, they’ll just keep going up

Nothing seems to stop the relentless march of property values, even with a stamp duty increase looming

The Guardian - UK

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London homebuilder says market recovery is near amid Labour’s housing push

Berkeley Group said the property market was ‘close to the point of inflection’ amid a recovery in house prices.

Evening Standard

Average UK house price reached new record high of £298,083 in November

Property values increased for the fifth month in a row in November, the bank said.

Evening Standard

Average UK house price reached new record high of £298,083 in November – Halifax

Property values increased for the fifth month in a row in November, the bank said.

The Independent UK

UK house prices now sit 4 per cent below all-time high as first-time buyers struggle to get on the ladder

The building society said the typical property value fell for the second month in a row in April.

Evening Standard

Average London house prices spring up 1.2% in March, reports Nationwide

The average price for a house in the capital is currently £519,505

Evening Standard

London house prices see first positive growth in over a year, says Halifax

The figures suggest a relatively stable start to 2024 but there could possibly still be a slowdown in the housing market this year, Halifax said.

Evening Standard

London house price forecast: latest prediction is for spring 'mini recovery' rather than continuing fall

The estate agent's previous forecast was for four per cent price falls this year but analysts now forsee a small rise

Evening Standard

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Evening Standard

London house prices: how the 'prime property playgrounds of elite homebuyers' have been affected by Brexit

The true impact of the UK's decision to leave the EU on London's housing dynamics is revealed in new research

The Guardian - UK

House prices fell in 80% of UK markets this year, says Zoopla

London and England’s southern and eastern regions worst affected as higher mortgage rates sap demand

The Independent UK

Mortgage affordability ‘hitting housing market but 12-month outlook more stable’

Buyer demand, sales and house prices continue to decline as mortgage affordability continues to affect the market, surveyors said.

The Guardian - UK

Bond yields rise after US jobs report smashes forecasts – as it happened

Rolling coverage of the latest economic and financial news, as US non-farm payroll shows surge in hiring last month

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Evening Standard

House price forecast: will the property market rise or fall in five years?

The latest house price forecasts show values still falling but expects parts of London to recover faster than the rest of the country

The Guardian - UK

Proportion of UK house sellers cutting asking price reaches ‘highest in over a decade’

More than 36% of properties have had asking price cut at least once — the highest figure since 2011

Evening Standard

UK house prices fell in August at fastest annual rate since 2009

Despite dropping by £14,000 over the past year, the average house price remains around £40,000 or 17 per cent above pre-pandemic levels

The Independent UK

UK house prices fell in August at fastest annual rate since 2009, says Halifax

Despite dropping by £14,000 over the past year, the average house price remains around £40,000 or 17% above pre-pandemic levels, the lender said.

The Guardian - UK

US wage growth stronger than expected in June, but job creation slows – as it happened

Wages rose by 0.4% last month, while total nonfarm payroll employment increased by 209,000, and the unemployment rate has dropped to 3.6%

The Independent UK

Average house price falls 3.5% as mortgage rates keep climbing

The sharp increase in borrowing costs is likely to exert a significant drag on near term housing market activity, Nationwide Building Society said.

The Independent UK

Annual house prices fall for first time in a decade

House prices fell by 1.0% on average across the UK in May

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