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Newly listed asking prices fell this month, according to Rightmove, as sellers attempted to sell amid decade-high competition to secure buyers.New seller asking prices dropped by 0.3 per cent, the equivalent of £1,277 in June to £378,240.This is an unusual dip for June, according to the property portal. This month's price drop compares to an average increase in June of 0.4 per cent over the last ten years.There are likely a number of factors causing the dip in asking prices. Rightmove says the fall may be a delayed response to the stamp...

By ANNE ASHWORTH Updated: 05:45 EDT, 15 June 2025

Those who dream of living by the sea might be put off by prices in well-known coastal enclaves like Sandbanks and Salcombe.Both are notoriously expensive, and out of reach for many.New findings by Lloyds Banking Group show average property prices in Sandbanks, Dorset, stand at £965,708 - and that is down 3 per cent on a year ago. In Salcombe, Devon, average property prices have climbed to more than £820,000.But buyers seeking a home by the beach need not give up hope. Across Britain, the average price of a property on...

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...

Property is a favorite British conversation topic. It feels as if everyone has an opinion on where house prices are heading, the next property hotspot or where homes should - and shouldn't - be built.But to get a true sense of what's driving the market, it is worth listening to the people who live and breathe property day in, day out. In this new series, we will be putting an expert through their paces each month.We want to know their view on all of the hot-button topics mentioned above as well...

Increasing numbers of Britons now own their home without a mortgage, government figures have revealed.In 2023/2024, 37 per cent of households owned their homes outright, according to the Department for Work and Pensions' latest Family Resources Survey.It is less than the 28 per cent of homes owned with a mortgage, revealing a widening gap between those who own their home outright and those who don't. Over the past ten years, the number of people owning outright has risen from 33 per cent to 37 per cent of households.The percentage of households...