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...
The UK economy shrunk by 0.3 per cent in April, latest data from the ONS shows. It was the biggest drop in GDP since October 2023 and follows growth of 0.2 per cent in March. The largest contributor to the fall was a drop in monthly services output of 0.4 per cent. This was mainly driven by a 10 per cent drop in legal activities, linked to a drop in property services and therefore use of conveyancing solicitors. Nicholas Hyett, investment manager at Wealth Club said: “The UK economy is...
With property prices continuing to skyrocket in many parts of the UK, the dream of homeownership can feel increasingly out of reach for most buyers. From eye-watering deposits to endless bidding wars, it's no wonder so many would-be homeowners are feeling priced out. But have you ever wondered which UK cities are still offering a fighting chance to get on the property ladder in 2025?A new study by Conveyancing-Solicitor.co.uk offers just that. Analysing 70 of the UK’s most populated cities using the latest data from the Office for National Statistics,...
As house prices lept by a whopping 5.4% in the year up to February, we have created an interactive map highlighting the average house price in each area of the country - enter your postcode to check your local marketCheck house prices in your area using our interactive map(Image: Tim Graham/Getty Images)House prices across the UK soared by a staggering 5.4 percent in the year up to February, and now you can check house prices in your area using our interactive map. According to the Office for National Statistics (ONS),...