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UK Property

UK GDP: Fastest Growth in Q1 2025

The United Kingdom recorded its fastest economic growth in over a year during the first quarter of 2025, boosted by a surge in home buying ahead of a property tax deadline and increased manufacturing activity in anticipation of new United States tariffs, Reuters reported. According to the Office for National Statistics, the economy expanded by 0.7 percent between January and March, the strongest quarterly growth since early 2024. “UK gross domestic product is estimated to have grown by 0.7% in Quarter 1 (Jan to Mar) 2025, unrevised from the first...
UK Property

I got on the property ladder through ‘lifeline’ government account – you can get £1,000 free cash a year

A WOMAN resigned to renting for life got on the property ladder by temporarily becoming an estate agent – to learn the tricks of the trade.Comedian Kate-Lois Elliott thought she was going to live in a rented basement flat for the rest of her days due to her career choices.2Comedian Kate-Lois Elliott got on the property ladder by saving into a LISACredit: Ben Stevens/PinPep2She also became an estate agent for six monthsCredit: Ben Stevens/PinPepAs a former actor-turned-comedian – who is married to another actor – their irregular income offered little...
UK Property

Rightmove expects increase in revenue this year as property market recovers

The company said that "supportive" property market trends in the early months of this year would support a rise in revenue of between 8% and 10% compared with 202412:52, 28 Feb 2025Updated 12:53, 28 Feb 2025Average revenue per advertiser, a closely-watched indicator for Rightmove, rose 6% (Image: PA Wire/PA Images)Rightmove has predicted a revenue growth of up to 10% this year, as lower mortgage rates due to rate cuts attract more potential homebuyers to its website.The company noted "supportive" property market trends in the early months of this year, with...