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The Latest Breaking News from Rightmove

London rental crisis: rents in the capital break a new record once again

The market remains ‘out of balance and difficult for tenants’ says Rightmove, as charity sounds the alarm over debt

Evening Standard

Renting scandal deepens as prices hit record high while almost half live in unfit homes

Almost half of private renters in England are living in homes that are cold, damp or mouldy, even in the summer

The Independent UK

Rents hit new records with 17 inquiries per property – Rightmove

The market remains ‘out of balance and difficult for tenants’, the website said.

The Independent UK

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The one thing that can add an average of £16,000 to the price of your home

The south west and south east of England have the highest percentage price premiums of 5%

The Independent UK

Homes with a south-facing garden ‘command typical £16,000 price premium’

On average, homes with a south-facing garden sell nine days faster than those without, Rightmove said.

The Independent UK

Moving at last? Average price tag on homes fell by £1,617 month-on-month in July

The price fall was bigger than usual for July, with the distractions of the General Election, sporting events and holidays, Rightmove said.

Evening Standard

Number of agreed UK house sales over past month ‘up 15% on 2023’

Buyers not fazed by election or Euro 2024, says Rightmove, as ‘gamechanging’ interest rate cuts anticipated

The Guardian - UK

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What Labour’s huge win means for pensions, mortgages and your finances

From renting to cost-of-living, here’s what it means

The Independent UK

Homes with views: the best properties on the market right now, from Highgate to Crystal Palace

From the London skyline to Lords Cricket Ground, we’ve collected nine properties with views to feast your eyes on

Evening Standard

Private rents in Great Britain hit record high, data shows

Rightmove calls on new government to prioritise sector as rents outside London climb 7% in a year

The Guardian - UK

Average rent outside London hits record high – check how your area compares

In London, the average advertised rent is £2,652 per month

The Independent UK

Typical first-time buyer mortgage payment in London is now £2,393 a month

First-time buyers now face paying £227,757 for a home, rising to more than half a million pounds in London, Rightmove said

Evening Standard

London leaver: 'I swapped renting in Woolwich for a £118,000 fixer-upper in Scarborough'

Moving to Yorkshire allowed George to adopt rescue dog Bruce and try his hand at DIY home renovation

Evening Standard

Mortgage of first-time buyer tops £1,000 a month as house prices and rates rise

Average monthly payment has risen by 61% since 2019, pushing borrowers into smaller homes or ultra-long loans

The Guardian - UK

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Evening Standard

Average London house prices down 4% annually in April — could cheaper mortgages be ahead?

The house price figures were released as data showed that inflation slowed to 2% in May.

Evening Standard

London house prices remain flat — but can you guess the borough that's seen a 10% increase?

Rightmove’s index of asking prices reveals the latest trends, as house prices start to rise once more

The Guardian - UK

UK house prices remain near record high with little sign of election impact

Rightmove says demand from buyers up 5% with caution detected only among would-be sellers at top of market

The Independent UK

Here’s how much the average price of a home dropped by in June

Some potential sellers appear to be ‘watching and waiting’ as General Election approaches

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news in one place.

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The Independent UK

Labour pledges to ‘get Britain building again’

The Labour manifesto document said the party ‘will not be afraid to make full use of intervention powers to build the houses we need’.

Evening Standard

Welcome to Midburbia: Meet the Londoners rejecting the suburbs in favour of staying close to the action

Priced out of inner London but not content to retreat to the suburbs? These are the meet-in-the-middle places to know

The Independent UK

Conservatives pledge to support first-time buyers and build 1.6m homes

The manifesto promises to make stamp duty cuts for first-time buyers permanent and deliver 1.6 million homes in England over the next Parliament.

The Guardian - UK

Are energy performance certificates worth the paper they’re written on?

EPCs are meant to be a vital insight into how energy efficient a property is. But many are out of date and can be misleading

Evening Standard

Comment: Can the general election rescue a bedraggled London housing market?

A July election is exactly what the downtrodden market has been crying out for

Evening Standard

Art street: colourful mural house in Brockley painted by graffiti artist on the market for £750,000

This three-bedroom house was the star of a local art festival

The Guardian - UK

UK interest rate cut this summer ‘possible’ says BoE deputy governor, as house asking prices hit record – as it happened

Rolling coverage of the latest economic and financial news, as deputy governor Ben Broadbent gives his final speech at the BoE

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