A significant shift in housing affordability has emerged as rising rental prices have made homeownership, on average, 15% cheaper than renting, reversing a prior trend.
Mortgage approvals in January 2025 increased by 18% compared to January 2024, with 66,200 approvals recorded. This surge is largely attributed to buyers rushing to
Spring brings a sense of renewal, not only in nature but also in the property market, where activity surges as flowers bloom and daylight extends.
The number of first-time buyers entering the property market increased by 19% in 2024 compared to 2023, reaching 341,068. Although this remains below the 2022
Renter behaviors are shifting significantly, with renting no longer seen solely as a temporary phase before homeownership but increasingly becoming a long-term lifestyle choice. As
The mortgage market has seen a positive development as increased competition among lenders has led to interest rates dipping below 4% for certain mortgage deals
The process of buying a home is often compared to falling in love, as both experiences involve emotional highs and lows. According to data from
As March arrives, longer days and brighter skies draw more home buyers out to hunt for their dream property. Spring sees a surge in home
The number of first-time buyers (FTBs) above the age of 50 has surged by over 30% in the last five years, while the proportion of
The average asking price for new sellers had a significant increase of 1.3% in January, marking the highest price rise since 2020. This growth is
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