Latest Property News From Truuli
Homes taking just over a month to sell
Thinking of selling your home? Here’s a quick look at how the market is moving. In April, the average time it took to sell a home in the UK was 36 days — a slight improvement from the 38-day average seen during the first quarter of the year. This uptick in pace follows typical seasonal patterns, as spring usually brings more buyers into the market. On average, homes sell around
Community counts
The Sunday Times’ Best Place to Live in the UK 2025 emphasizes that quality of life extends beyond conventional metrics such as school performance or broadband speed. Central to its evaluation is the presence of a strong local community, a factor that significantly influences residential satisfaction and longevity, particularly among renters—69% of whom would choose to remain in an area longer if they perceived a strong sense of community, as
New homes growing in popularity
The appeal of newly constructed homes continues to rise among prospective home movers, as evidenced by data from the Home Moving Trends Survey 2024. In 2025, 53% of respondents expressed a willingness to consider buying a new build, a notable increase from 47% in 2024. Moreover, the proportion of individuals who prefer to buy a new home has grown from 17% to 21% over the same period. This upward trend
Market Outlook: Climbing Rental Yields
Over the past five years, average gross rental yields across England and Wales have consistently increased, reaching a peak of 7.2% in February 2025, compared to 6% in 2020. This upward trend is evident across all regions, with the North West experiencing the most significant rise from 6.1% to 7.8%. The primary driver behind yield growth is rental inflation surpassing house price inflation, as average rents have surged by 44%
The Rise Of Co-Living
In a world of constant innovation, long-established domestic arrangements are fading, and modernist living is taking a step forward. The latest idea of “co-living” has emerged, described as “large-scale purpose-built shared living developments of at least 50 units” by The London Plan. Co-living presents an alternative to traditional flat shares, showcasing a structured yet flexible approach to shared living, incorporating additional services and amenities, with leases requiring a minimum stay
Spring Statement 2025
The Spring Statement of 2025 presented a mixed economic outlook, with a significant downgrade in the UK’s growth forecast for 2025, halving to just 1%. However, a positive development emerged in the form of new housebuilding projections from the Office for Budgetary Responsibility (OBR). According to the OBR’s modeling, government reforms to planning policies introduced the previous year are expected to have a “material” impact on housebuilding activity. These reforms
