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The Latest Breaking News from Zoopla

London house prices: property in the capital is at its most affordable since 2014

London homes are more affordable but they are still 13 times average earnings

Evening Standard

Thinking of moving home in 2024 but not sure it's a good idea? This is what the property experts want you to know

We’ve asked the experts for their views on whether 2024 is a good year to move home

Ideal Home

Scotland dominates list of the most affordable places to buy a home in the UK

Towns in Scotland have dominated a list by Zoopla showing the most affordable places to buy a home in the UK.

The National (Scotland)

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Living in London: essential advice for first-time buyers, renters and homeowners in 2024

Will house prices go up or down? What next for mortgage rates? Where are the best value neighbourhoods now? Your home-buying questions answered

Evening Standard

London house prices mapped: how much has the value of your home changed in 2023?

Data from Hamptons and the ONS shows where house prices have risen —and fallen— this year. How did your borough fare?

Evening Standard

UK property sales and demand well up on a year ago, survey finds

Zoopla says December’s figures have been boosted by an increase in the number of homes for sale

The Guardian - UK

Cash buyers have accounted for around a third of home sales in 2023 – Zoopla

People buying homes without a mortgage are often older, wealthier and buying cheaper properties.

The Independent UK

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London house prices: city-wide dip sends home-buying activity soaring in December

Zoopla figures show a spike in sales and enquiries alongside a drop in the values of homes, particularly in outer districts

Evening Standard

Zoopla has good news for renters in 2024 – rental prices are finally slowing down, but don't celebrate just yet

Zoopla reports the growth of rents is set to slow down in the new year – signalling the tide of the rental market turning

Ideal Home

London rent rises: will the record-breaking increases we've seen in 2023 start to slow next year?

We may be finally about to reach peak rent

Evening Standard

Annual pace of UK rental prices growth expected to halve by end of 2024

Annual rental prices growth is running at 9.7% but Zoopla expects this to slow to 5% by December 2024.

The Independent UK

OPINION - Sellers are finally accepting big discounts on asking prices – but don't expect a crash

If age is just a number, where the heck does that leave house prices? Inexperienced buyers (and given the irregularity with which people purchase property, that is most of us) are often intimated by the imposing number placed beneath that misleadingly wide lens money shot on Rightmove.

Evening Standard

Average rent in Great Britain up by more than a quarter since start of Covid

Rise due to shortage of properties has been worsened by soaring interest rates, Savills finds

The Guardian - UK

‘A buyer’s market’: average £18,000 knocked off UK property asking price, says Zoopla

Average discount stands at five-year high despite ongoing long-term shortage of homes for sale

The Guardian - UK

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Evening Standard

House price falls: London sellers accepting hefty price reductions in buyers' market

Higher mortgage rates and an increased supply of homes have seen buyers achieve sizeable discounts

The Independent UK

£18,000 typically ‘shaved off’ asking prices to achieve house sales – Zoopla

In London and the South East, sellers are discounting properties by around £25,000, according to new figures.

Evening Standard

Buying in London: the 10 most affordable boroughs for homebuyers in 2023

New research has pinpointed the most affordable places to buy in London, where two people on average local salaries would need to borrow at the lowest income-to-house price ratio

The Guardian - UK

Cashing in? The mortgage-free landlords who are raising the rent anyway

Majority of letters with no exposure to rising interest rates are demanding more money in new tenancy agreements

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Evening Standard

London's downsizing problem: a third of London Boomers have bigger homes than they need but nowhere to move

A third of London’s over-65s admit to living in a home that’s bigger than they need - so why aren’t they downsizing?

The Guardian - UK

German economy shrinks; UK remortgaging lowest since 1999; window firm Safestyle enters administration – business live

Rolling coverage of the latest economic and financial news, as German GDP shrinks slightly in the third quarter of the year

Evening Standard

London house prices fall as UK market undergoes most dramatic slowdown since 2009

Homes in London are better value for money, reports Zoopla, but higher mortgage rates have impacted sales

The Guardian - UK

House prices fell in 80% of UK markets this year, says Zoopla

London and England’s southern and eastern regions worst affected as higher mortgage rates sap demand

The Independent UK

Prices falling in most local housing markets in UK, Zoopla finds

All local markets in London, South and East England registered annual house price falls.

The Guardian - UK

German inflation falls to 4.5%; UK home sellers increase discounts; mortgage rates ease – as it happened

Rolling coverage of the latest economic and financial news

The Independent UK

426,000 first-time buyers ‘missing from England’s housing market by 2027’

Leeds Building Society predicts thousands fewer first-time buyers could buy homes between this year and 2027, compared with the long-term average.

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