The arrival of advanced artificial intelligence is prompting a seismic shift in the UK property market. AI-powered search bots now scrape listings from portals like Zoopla, Foxtons and Rightmove, offering
All posts tagged in UK housing
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Labour’s forthcoming Budget is expected to introduce a new tax surcharge targeting England’s most valuable homes as part of efforts to stabilise public finances. The proposed levy will affect properties
The UK housing market is witnessing the most significant price reductions from sellers in thirteen years, as uncertainties loom over forthcoming tax changes in the budget and sharp declines in
Flooded coalmines across the UK could soon find a new lease of life as sources of low carbon geothermal heat, offering a bold answer to both energy costs and carbon
John Lewis has secured unanimous approval for a £70 million build to rent project in Reading, following significant debate over the impact on local health services and affordable housing provision.
Landlords are increasingly withdrawing from the private rental sector ahead of the anticipated Renters’ Rights Bill, according to one of the country’s leading estate agency groups. The Property Franchise Group,
Cement manufacturing in the UK has plunged to its lowest level since 1950, dealing a substantial blow to ambitions of revitalising housebuilding nationwide. According to the Mineral Products Association (MPA),
Senior Treasury officials are evaluating ambitious plans to replace stamp duty with a national property tax targeting homes sold for more than £500000. The proposal, being scrutinised ahead of this
Leading property experts have dramatically reduced their house price growth forecasts for 2025, reflecting mounting concerns over global political tensions and potential tax increases. Estate agency giant Savills has cut
House prices experienced their most significant monthly decline in over two years, dropping 0.8 per cent to £271,619 in June, according to the latest Nationwide house price index. The decrease,
Property sellers across the UK have been compelled to reduce their asking prices amidst the most extensive selection of homes available to buyers in ten years. Recent data from Rightmove
House prices have marked their sixth consecutive monthly increase, driven by prospective homeowners rushing to complete purchases ahead of impending stamp duty modifications. The latest data from Nationwide reveals the
The British property market has witnessed a significant uptick in sales as buyers scramble to complete transactions before an imminent stamp duty increase. Data from Rightmove reveals property sales agreements
The British property market is poised to transition into a buyer’s paradise throughout 2025, with market analysts predicting enhanced negotiating power for house hunters amid a climate of “cautious optimism”.
British homebuyers are poised to benefit from an anticipated mortgage price war as lenders compete aggressively at the start of 2025, coinciding with the looming stamp duty deadline changes. Industry
In an effort to boost the construction of affordable homes, UK Chancellor Rachel Reeves is planning to introduce a 10-year formula in the upcoming October Budget. This formula will allow
