UK Property

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.British banks do not like talking about commercial property. Offices, retail and industrial buildings left them with big losses during the financial crisis. Actions speak louder than words, however, and lenders have been quietly flocking to the sector in recent months. That should be good news for investors in property companies, and executives who have been protesting that things are not as bad as they are painted.Outstanding loans from UK banks and...

The average price of a UK property coming to market climbed to a record £377,182 in April, in the first monthly rise in almost a year. The average asking price for properties hitting the market this month increased by 1.4%, or £5,312, according to Rightmove (RMV.L). According to the property site, this marks the first new price peak since May 2024 and exceeds the typical April increase of 1.2%, even as the number of homes available for sale has reached a 10-year high for this time of year. “The increased...

Exactly how much should you have left in your savings account after buying? (Picture: Getty Images) After years of scrimping and saving (and maybe a little bit of help from your family), you’ve finally got enough together for a house deposit. But what really happens after you’ve bought? And crucially, how much money should you actually have left in the bank? Taking to the r/HousingUK Subreddit, @FG4u2nv asked this very question. Together with their partner, they’re currently making offers – and while they’re excited at the prospect of getting on...

When choosing where you're going to live, potentially for decades at a time, for many, the local weather plays an important role in the decision-making process. The number of sunny days, in particular, is vital, allowing you to enjoy long walks not interrupted by downpours, or even just a coffee outside.Now, the UK's top 20 sunniest hotspots have been revealed. As an added bonus, more sunshine also means more opportunity to make your own electricity, through the installation of solar panels. Eco-tech provider, Hive, has unveiled the parts of the...

From Birmingham roots to national reach, Centrick marks a major milestone with fresh investment in people, technology and the future of property services. Centrick, one of the UK’s largest independent operators in the residential living sector, is proud to mark its 20th anniversary in 2025. Established in Birmingham in 2005, the business has grown into a major force in the property industry, delivering a wide range of services including building and estate management, residential asset management across all asset classes including build to rent, building consultancy and surveying, professional services,...

New research has revealed that the South East of England is the most difficult region in the UK to sell a property, while Scotland is the easiest. In the South East, properties are achieving an average of 95.6% of their original asking price, below the national average of 97%, according to leading property data firm TwentyCi. Only half complete sale And only 50% of listed homes in the South East go on to complete, compared with 55% nationally. While 41% of listings in the region undergo at least one price...

Wednesday 16 April 2025 7:11 am  |  Updated:  Wednesday 16 April 2025 7:53 am Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email Can tech help the state of the UK property market? Despite its vast size, the UK property industry lags much of the rest of the economy on technology adoption, with highly fragmented and deeply traditional ways of doing business. Many of these businesses still rely on outdated practices rooted in manual labour and legacy systems. While...

House prices rose at their fastest rate for two years in the twelve months to February, according to the latest figures from the Office for National Statistics.The average UK property rose in value by £13,000 across the year, or 5.4 per cent, based on provisional estimates by the ONS. This was more than the 4.8 per cent rise in the 12 months to January, and is the highest level of growth seen since December 2022 when prices went up by 7.3 per cent. The growth has been attributed to buyers seeking to...

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A barrage of storms left UK home insurers facing claims for £226mn of weather-related damage in the first quarter of this year, a record high since the data began to be tracked in 2017.Property insurance claims have now topped £100mn for seven quarters in a row, data from the Association of British Insurers showed on Wednesday, £67mn higher than the previous quarterly record set in 2022.Louise Clark, a policy adviser at the...

Fraudsters employ many tactics to con you out of your cash – almost £9m was lost in 2024 to rental fraud alone. According to insights shared by property company Sell House Fast, property-related fraud continues to target home buyers, sellers and renters.Below, we look at the most common property scams and explain how to spot and avoid them.Sign up for scam alertsOur emails will alert you to scams doing the rounds, and provide practical advice to keep you one step ahead of fraudsters.Sign up for scam alerts1. Fake buyer scamsScammers pose...