Breaking News
UK Property Asking Prices Rise for First Time Since May as Autumn Market Opens
The UK's property market has recorded a fresh sign of activity as asking prices rose for the first time since May.
UK Housebuilders Are Feeling the Squeeze: What the Crest Nicholson Warning Means for the Housing Market
The UK's housing market is facing pressure from more than just mortgage rates.
Asking Prices Drop 2% in Biggest August Fall Since 2018 – Full-Year Forecast Slashed
UK asking prices dropped 2.0% in August 2026 to an average of £364,999, driven by a 12-year high in housing inventory and steep price cuts in London.
Labour Government Scraps Foreign Buyer Restrictions – Policy Downgraded to 'Option'
The Labour government has downgraded its election promise to restrict foreign property buyers to a mere "option" because property developers argued that large-scale housing projects require overseas pre-sales to secure financial funding.
Nottingham Leads Britain in Rental Availability
Nottingham letting agents are handling the highest number of available rental listings in Britain, with an average of 31.4 available lets per agency — more than double the national average of 13.1 across 21 major cities.
Developer Confidence Plunges as 57% Pull Back from New Projects
Developer confidence in the UK property market has deteriorated sharply in Q2 2026, with just 23% of developers now expecting market conditions to improve this year — down from 35% in Q1. More than three-quarters expect conditions to remain difficult.
New Home Registrations Fall Again as Developers Slow Building Activity
New home registrations fell by 4% in the second quarter of 2026 as house builders slowed their build programmes amid elevated interest rates, geopolitical volatility, and rising costs, according to figures released today by the National House Building Council (NHBC).
Construction Sector Stuck in a Rut
The construction sector continues to struggle, with the latest Glenigan index showing residential starts falling 31% in Q2 and private housing dropping 40% compared with the preceding three months. Glenigan economic director Allan Wilen said: "In another perfect storm for the UK construction sector, a sharp decline in residential projects led the sector decline during the second quarter”.
Realistic Pricing Critical as Overpriced Homes Sit on Market 4x Longer
New analysis from Rightmove reveals a stark divide between properties priced correctly and those with unrealistic expectations.
Asking Prices Drop 1% as World Cup and Heatwave Distract Buyers
The average asking price for a newly-listed UK home fell by 1% in July to £372,359, a sharper decline than the typical seasonal pattern, according to Rightmove's latest House Price Index.
Room Rents Hit Record Highs Across Six Regions
Average room rents have reached record levels in six of the UK's nine regions, while supply has fallen for the first time in three years, according to SpareRoom data
UK Home Sales Decline 10.4% in June
UK residential property sales fell by 10.4% in June across all regions, according to market analyst data. However, this reflects comparison against an exceptionally strong June 2025, with current transaction levels remaining broadly in line with 2024.