Would-be homebuyers are currently enjoying the highest level of springtime choice of homes in five years, Zoopla research has revealed. There are 20% more homes on the market compared to a year ago, as well as double what was available in 2022. Supply has improved the most in Cornwall (+159%), North Kesteven, Lincolnshire (+155%) and […] The post Spring supply of homes for sale at five-year high appeared first on PropertyWire ..read more

House prices in Wales have fallen to less than £230,000 after peaking at £249,000 at the end of 2020, research from Principality Building Society has revealed. The average house price in Wales has fallen by 2.1% since last quarter and is now down 6.5% compared to the same period the previous year. Shaun Middleton, head […] The post House prices in Wales fall for five quarters straight appeared first on PropertyWire ..read more

There has been a 150% rise in appointments from Insolvency Practitioners to manage the properties and assets of struggling buy-to-let landlords in the past six months, according to surveyor Landwood Group. The group said this likely comes as a result of increased regulatory pressures and tax burdens. Holly Surplice, director at Landwood Group said: “Recent […] The post Landwood Group witnessing surge in struggling buy-to-let landlords appeared first on PropertyWire ..read more

The much-delayed Renters (Reform) Bill is finally returning to the House of Common this week. On Wednesday the bill will receive its second reading with the following amendments: A review of the courts before Section 21 is abolished for existing tenancies, to ensure they can cope with a higher workload. Tenants won’t be able to […] The post Renters (Reform) Bill to return to the Commons this week appeared first on PropertyWire ..read more

Labour has launched a plan to reclassify and build on poor quality areas of the green belt, dubbed the ‘grey belt’. Land targeted for development will include “poor-quality scrubland, mothballed on the outskirts of town”, according to a Labour spokesperson, including a disused petrol station in Tottenham currently designated as green belt. Despite this shifting […] The post Labour Party unveils green belt building plans appeared first on PropertyWire ..read more

Christopher McFadden is an EPC expert and energy assessor  1. Add an insulating jacket to your hot water tank: If you get your hot water from a tank, you might want to consider adding (or topping up) its insulating jacket. For best results, aim for around 60mm to 80mm thick. Depending on how much you […] The post Four ways to improve your home’s EPC rating appeared first on PropertyWire ..read more

The CPI inflation rate dropped to 3.2% in March from 3.4% in February – a decrease that’s been deemed disappointing by economists. It was expected that the inflation rate would drop to 3.1% by economists polled by Reuters and the Bank of England, which could mean it takes longer for the Bank to cut interest […] The post Inflation rate falls to 3.2% appeared first on PropertyWire ..read more

Glasgow, Edinburgh and Leeds are the best home selling hotspots in the UK property market, analysis of government data from Lomond has revealed. Markets have posted the strongest performance over the last six months based on the average monthly number of homes sold Glasgow has seen 928 homes sold per month on average over the […] The post Glasgow, Edinburgh and Leeds home to UK’s busiest markets appeared first on PropertyWire ..read more

By Sean Woolley, Cloud Nine Spain On the 9th of April, Spain’s Minister for Housing, Isabel Rodríguez, announced that they were taking the first steps to eliminate the Golden Visa. This visa was a popular choice for non-EU residents who wanted to gain residency in Spain, by making an investment of €500,000 or more, in […] The post The Changes to the Golden Visa in Spain Explained appeared first on PropertyWire ..read more

Rising rents seem to be resulting in tenants staying at their current properties for longer, research from The Deposit Protection Service has found. The average tenancy now lasts 924 days, or just over two and a half years compared with 706 days or just under two years during 2020. Matt Trevett, managing director at The […] The post Tenants staying for a third longer appeared first on PropertyWire ..read more