The Week in Housing: Up, 99, Up, Nothing, Boom.

5FF Feb 23 2024 Rightmove’s “Asking Price” Index Up: https://www.rightmove.co.uk/news/content/uploads/2024/02/Rightmove-HPI-19th-February-Final-.pdf Hunt mulling 99% taxpayer-guaranteed mortgage lending https://www.ft.com/content/ce643bfa-d4a9-4d85-b28c-6cc0fceba62f Lenders Raise Rates https://www.bbc.co.uk/news/business-68374500 Bank of England nothing burger makes big headlines https://www.reuters.com/world/uk/bank-englands-bailey-sees-signs-uk-economy-upturn-2024-02-20/ BestAgent “People’s” open source House Price Index targets overvaluing culprits and beats hackers https://bestagent.property/hpi

2024 New Rules for UK Home Sellers from National Trading Standards

The National Trading Standards Estate and Letting Agency Team (NTSELAT) are implementing new requirements for material information to be included in property listings. Part A came into place in 2022 and requires information that, regardless of outcome, is always considered material for all properties. Such as council tax banding, tenure, and price/ monthly rent. Parts… Continue reading 2024 New Rules for UK Home Sellers from National Trading Standards

5FF – Fri 27th October 2023

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1 UK’s biggest wealth manager blocks clients from withdrawing money from their £1bn property fund. https://www.telegraph.co.uk/money/consumer-affairs/st-james-place-blocks-clients-pulling-money-major-property/ https://archive.ph/Po6I4 2 Almost half of the 1,200 people surveyed incorrectly think Interest Rates correlate more strongly with house prices than anything else  https://x.com/moving_charlie/status/1717178983110832254?s=20 https://x.com/moving_charlie/status/1717541641727115671?s=20 3 Lloyds/Halifax predicts house prices will fall until 2025 https://www.thisismoney.co.uk/money/markets/article-12673173/House-prices-fall-2025-says-Lloyds-rates-peaked.html 4 Foxtons reports 23% fall… Continue reading 5FF – Fri 27th October 2023

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5 Fact Friday 13 October 2023

RICS September Survey: Demand, sales, instructions and prices all remain in negative territory https://www.rics.org/content/dam/ricsglobal/documents/market-surveys/uk-residential-market-survey/9._WEB_September_2023_RICS_UK_Residential_Market_Survey_tp.pdf Wages Cooling: KPMG Survey shows slowest rise in starting pay in over two years https://www.bloomberg.com/news/articles/2023-10-10/uk-wage-growth-cools-as-job-cuts-mount-and-firms-cap-costs IMF Says Israel-Hamas War will impact global economy, especially oil prices https://news.sky.com/story/israel-hamas-war-is-new-cloud-darkening-horizon-of-global-economy-imf-warns-12983198 Labour pledges to bulldoze planning barriers and build 1,500,000 in the next parliament if… Continue reading 5 Fact Friday 13 October 2023

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Five Fact Friday – 17 October 2025

The five facts hitting the UK housing market hardest in the last seven days. 5. 98% of external wall insulation done due to government fiddling causes problems needed rectification. https://www.nao.org.uk/press-releases/weak-controls-and-oversight-blamed-for-faulty-home-installations-under-energy-efficiency-scheme/ 6. Economist and Former Head of Institute for Fiscal Studies, Paul Johnson, says gov should not tax landlords more, it’ll raise rents, and stamp duty… Continue reading Five Fact Friday – 17 October 2025

5 Fact Friday – 10 October 2025

The five facts hitting the housing market hardest in the last seven days. 3. Eased lending criteria hurts affordability in the poorest region https://www.linkedin.com/posts/richard-donnell_ftb-housing-mortgages-activity-7381957849100476416-Mvvj 4. RICS shows market activity remains subdued. RICS guy warns: “The housing market continues to struggle for momentum, with seemingly no clear catalyst on the horizon to spark a turnaround over… Continue reading 5 Fact Friday – 10 October 2025

5 Fact Friday – 15 August 2025

The five facts hitting the UK housing market hardest in the last 7 days. https://propertyindustryeye.com/over-a-million-prs-homes-in-england-currently-fail-decent-homes-standard/ 2. Tax hikes slam brakes on wage growth https://www.bloomberg.com/news/articles/2025-08-10/reeves-tax-hike-tightens-grip-on-uk-jobs-market-rec-poll-finds 3. Average rents fall for the first time in 15 years.   Greater London continued to record the steepest declines, with rents falling by 3% year-on-year in July — its seventh consecutive… Continue reading 5 Fact Friday – 15 August 2025