Latest Property News From Truuli
Beyond the Averages: What London’s Rental Market Really Tells Us
Headline averages are useful but they only scratch the surface. To truly understand the dynamics of London’s rental market it is essential to look borough by borough. While certain themes run consistently across the capital the data also reveals striking local contrasts. Across all London boroughs renters are devoting more than 30% of their income to rent. Havering sits at the lowest end of the spectrum at 30.1% while Hammersmith
Solid Summer Sales
Here we can see how housing transactions are spread across the seasons– and the results might surprise you. While summer (June to August) has the smallest share of annual sales at 24.2%, it still holds its own compared with the other seasons. Spring comes out on top with 25.7%, winter follows closely at 25.4% and autumn sits just ahead of summer at 24.7%. What is most striking is how evenly
Buyer Confidence Rises 2025
Falling mortgage rates have helped boost buyer confidence. Just over one out of two agents said conditions have improved since the last quarter. Buyer sentiment is picking up too — 46% noticed more confidence, one out of three said levels were unchanged while only 7% saw a significant jump. This shows a steady upward trend without major shifts. Following the stamp duty lull, transaction volumes bounced back strongly between April
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