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To the relief of the housing industry, Rachel Reeves used her Spring Statement to defend her record on economic stability rather than introduce any new measures.
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Inflation fell to a 10-month low in January, prompting traders to raise expectations that the Bank of England could cut the base rate at its next meeting on 19 March.
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The Bank of England has today cut the base interest rate by 0.25% to 3.75%, its lowest level in nearly three years.
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Today Phil was invited to be a judge at the annual The Henley College, Oxon Dragons Den final at Henley Town Hall. Twelve groups of students, each with some fantastic ideas and impressive presentation skills pitched their businesses to five ‘dragons’.
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As we bring 2025 to a close, we look back on what has been a challenging year, starting with the changes to Stamp Duty Land Tax on the 1st April, which had a profound effect on the traditional spring housing market.
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Zoopla is predicting the property market will rebound now the hiatus caused by home movers adopting a ‘wait and see’ approach before the Budget is over.
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The age-old practice of asking three estate agents to value your home before instructing one of them persists, although 15% of those quizzed only asked one, new research by Zoopla has revealed.
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According to the latest data from TwentyEA, the UK property market continues to show impressive resilience in 2025. New property listings are up 5.4% year-on-year compared to 2024, and 15% higher than in 2021 – a year that saw nearly 1.6 million transactions, the highest seen for some time.
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More than 100,000 homes for sale had their asking price lowered last month, the highest recorded for six years, a new report has highlighted.