House prices hit new record in May

house-prices-hit-new-record-in-may

Key takeaways: May 2025 House Prices House prices: the average asking price of home hits a new record, at just below £380,000 Number of homes for sale at this time of year remains at a decade-high After a busy March, new home-buyer demand slowed to 4% compared to last year, with new sellers coming to … Read more

5 most viewed homes of the month

5-most-viewed-homes-of-the-month

From a penthouse in a B-listed mansion with stunning stained glass features, to church conversions with their original elements intact, this month’s most-viewed homes demonstrate the incredible creativity and character that fuels the nation’s continued fascination with property. Let’s explore the five homes that had people clicking and sharing in the past month… 1. A … Read more

Base Rate cut to 4.25%: what it could mean for UK mortgages

base-rate-cut-to-4.25%:-what-it-could-mean-for-uk-mortgages

The Bank of England has voted to reduce the Base Rate by 0.25% for the second time this year, taking it to 4.25%. Base Rate was held at 4.5% in March after it was cut by 0.25% in February. The Bank meets every six weeks to decide what should happen to interest rates, with the aim … Read more

10 most in-demand locations for first-time buyers

10-most-in-demand-locations-for-first-time-buyers

Glasgow tops the list as Great Britain’s most in-demand city for first-time buyers, with an average asking price of £148,979 Manchester and Edinburgh complete the top three, while Docklands, Hackney and Islington are London’s most sought-after locations The national average asking price for a typical first-time buyer property (two bedrooms or fewer) is £228,551 We … Read more

What’s happening in the rental market right now?

what’s-happening-in-the-rental-market-right-now?

Average rents hit new highs, but growth is slowing — this is the smallest increase from January to March since 2020, as more landlords reduce asking prices The number of available homes to rent is improving, with 18% more year-on-year, while tenant demand has eased slightly Competition is still strong, but easing — average enquiries … Read more