UK house prices saw a slowdown in annual growth in April of just 0.6%, down from 1.6% in March, Nationwide reveals. It also says that the month-on-month price fell 0.4% from March to April. The slowdown in house prices is down to affordability issues, including long-term interest rates rising in recent months. House prices are now 4% below their peak recorded in summer 2022. Mortgage rates are significantly impacting first-time buyers The rising cost of living and higher m

Rents continued their upward trajectory in April, with the latest figures from Goodlord showing a year-on-year increase of nearly 6% in England. The average monthly rent now stands at £1,166, marking a £63 rise compared to April 2023. Renters in the South West saw the most significant year-on-year change, with rents jumping by 11%, while Greater London experienced the smallest increase at just 3%. Month-on-month, rents in England rose by 0.6%, with the East Midlands record

There's a critical shortage of homes to rent across England, with less than half of those advertised being ready for tenants to move into, research reveals. The findings from Zero Deposit highlight the imbalance between supply and demand and the urgent need for more landlords in the private rented sector (PRS). The firm analysed nearly 128,000 listings and found that only 49% of rental properties are immediately available. A further 16% are available within a month, while a