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The Latest Breaking News from Zoopla

UK house sales tick up for fifth month in a row

An estimated 91,290 sales took place in May, which is 17% higher than in May 2023, HM Revenue and Customs said.

The Independent UK

Race out of recession picks up speed but house prices fall as mortgage time bomb ticks

Growth revised higher for the first quarter but millions face end of fixed-rate deals

Evening Standard

'Over-valued' house prices likely to rise more slowly than household incomes, says Zoopla

The property website said current house prices are ‘over-valued’ in terms of affordability by nearly £20,000.

Evening Standard

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House prices set to rise at slower rate than incomes, research shows

House price growth will ‘remain muted’ but property prices will remain generally unaffordable, Zoopla has said

The Independent UK

House prices likely to rise more slowly than household incomes, says Zoopla

The property website said current house prices are ‘over-valued’ in terms of affordability by nearly £20,000.

The Independent UK

How much income a first-time buyer needs to buy a home now, according to experts

It comes as Consumer Prices Index (CPI) inflation slowed to 2% in May, down from 2.3% in April

The Independent UK

Half of parents ‘trapped’ into living near grandparents due to childcare costs - two mums share their stories

Parents are finding themselves 'trapped' into living near grandparents as spiralling costs make childcare unaffordable. We speak to an expert about this difficult situation.

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The Parent Trap: 'Moving out of London to live near grandparents saves us £150 a week on childcare'

Spiralling nursery fees and mortgage rates are prompting young families to move closer to the in-laws

Evening Standard

57% of parents with young children ‘rely on grandparents for childcare support’

More than a third of parents who have grandparent support said they could not afford to be without it, according to Zoopla.

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 Independent UK

Demand for London rental properties plunges 28% as first-time buyers escape renting trap

London rent has become so unaffordable that rent rises are finally slowing, reports Zoopla

Evening Standard

The supply of homes for sale is the highest it’s been for 8 years – this is why it’s a good thing

Zoopla’s latest report reveals why the housing market is turning for the better

Ideal Home

London homes for sale rebounds — so how much is the total value of housing for sale in the capital?

Zoopla reports that the total value of homes for sale in the capital is up 30 per cent in a year

Evening Standard

What could the General Election mean for London's property prices and rental reforms?

Will the property market summer slowdown start early? Or could we get a Rishi Rebound or Starmer Spring-up?

Evening Standard

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The Guardian - UK

Online car dealer Cazoo collapses into administration putting 200 jobs at risk

UK-based used-car website once valued at £6bn is now looking for a buyer for its remaining assets

The Independent UK

Zoopla founder’s used car sales app Cazoo calls in administrators

The company has appointed administrators from Teneo, who will seek to sell off Cazoo’s remaining marketplace business

Ideal Home

Zoopla reveals monthly mortgage repayments are the highest they’ve been in the last 3 years

The report shows homeowners pay 61% more on monthly mortgage payments today than in 2021

Evening Standard

Mini Budget Fallout: Londoners paying £7,500 more a year for their mortgages

New research from Zoopla lays bare the level of impact Liz Truss’ mini budget had on mortgage costs.

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Evening Standard

'London kids hold the keys': meet the families where children call the shots when it comes to moving house

From good grades to pets and pizza parties, London children know how to strike a deal when it comes to family relocation

Evening Standard

Do you know your gazumps from your gazunders? Londoners come bottom of the ladder in property jargon knowledge

Almost a third of Londoners can’t define what a mortgage is

Evening Standard

London houses still selling for £19,500 below asking price but market is springing back

The average price of a house sold in London currently stands at £534,000, reports Zoopla

Evening Standard

London rents drop by 10 per cent as landlords under pressure to attract tenants

After years of rising rents, London landlords are having to drop their rents or risk having empty properties

The Guardian - UK

UK property sales forecast to rise by 10% as buyers and sellers return

Data from online property company Zoopla showed the housing market is on track to reach 1.1m transactions across this year

Evening Standard

London sees 16% uptick in number of homes sold as market bounces back, reports Zoopla

The property portal forecast that there will be 10 per cent more homes sold in 2024 than last year

The Guardian - UK

EU opens formal investigation into TikTok; Bank of England ‘could worsen recession’ without interest rate cuts soon – as it happened

The European Union to investigate if TikTok breached online content rules aimed at protecting children, as Andy Haldane urges central bank to consider interest-rate cuts

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