Author: Benjamin

[openai_chatbot] rewrite this content and keep HTML tags as is: The Welsh government (Llywodraeth Cymru) has released its latest figures for Land Transaction Tax, for the period of April-June 2025. The quarterly Welsh Revenue Authority (WRA) statistics for Land Transaction Tax (LTT) includes data on the number of transactions, tax due and a breakdown for areas within Wales. Alongside this are number identifying the ‘intent’ of the purchase, for example a buy-to-let property or a holiday home. The headline figures for residential transactions are: From April to June 2025, residential transactions were up 11% from the same quarter in 2024.…

[openai_chatbot] rewrite this content and keep HTML tags as is: A team from Fenn Wright and mortgage partners Fitch & Fitch recently completed a 25-mile walk through the Suffolk and Essex countryside to raise funds for The Tom Bowdidge Youth Cancer Foundation. Starting from the agency’s Sudbury office, the 42-strong team followed the St Edmund Way, Stour Valley Path and Essex Way to lead them to Fenn Wright’s Manningtree branch – a mission that took them over 10 hours with just a short lunch break. The Tom Bowdidge Youth Cancer Foundation was named Fenn Wright’s chosen charity of the year…

[openai_chatbot] rewrite this content and keep HTML tags as is: Specialist bank Shawbrook has seen some significant increases in investment by professional landlords into the commercial sector, specifically office space, indicating less reliance on revenue from residential property. Its latest figures showing a 44% rise in applications for office-related projects in the first half of 2025. The growth in some parts of the UK has been extraordinary. The South West has seen a rise of 233%, The West Midlands close behind at +225% and London and Wales sharing third place with 100%. These are followed by Yorkshire and the Humber…

[openai_chatbot] rewrite this content and keep HTML tags as is: Kevin Fraser, managing director of DJ Alexander Lomond has announced further strategic expansion with the acquisition of two prominent regional agencies. The company is strengthening its presence in Scotland and South East of England through the acquisition of Margaret Duffus Leasing in Aberdeen, and the lettings book of Kent-based agency, Regal Estates. DJ Alexander, Lomond’s flagship agency north of the border and the largest lettings business in Scotland, already covers the major cities and their surrounding areas, including Edinburgh, Glasgow and Dundee, and the purchase of Margaret Duffus Leasing increases…

[openai_chatbot] rewrite this content and keep HTML tags as is: Yopa says that the findings of its latest research have debunked the myth that the property market slows down during the summer months. On the contrary, it says – the market has actually seen some of its highest levels of activity throughout the summer season over the last few years. Yopa analysed four years of Bank of England market data (December 2020 – November 2024) and looked at the average monthly volume of both mortgage approvals and transactions seen over each season. The results show that over the last two…

[openai_chatbot] rewrite this content and keep HTML tags as is: Knight Frank has issued its analysis of London’s sales and lettings markets in the year to July 2025 and found the biggest gulf in price performance eight years – but has some optimism for the rest of the year. The sales market in the Capital is more split than it has been since Brexit, it says. While the average PCL price fell 3% in prime central London (PCL), there was an increase of 0.6% in prime outer London (POL). The last time the gap was wider was in 2017, which…

[openai_chatbot] rewrite this content and keep HTML tags as is: The latest Goodlord Rental Index reports that last month, the average cost of rent in England reached an all-time high. The index has tracked new tenancy contracts across the country since January 2019 and its July 2025 figures show a national average rent of £1,496 for the month. This surpasses the previous record of £1,470, set in July 2024, and reflects widespread rent rises across many regions – some being particularly steep. The July 2025 average is an 18.3% rise from the previous month which equates to £231 more per…

[openai_chatbot] rewrite this content and keep HTML tags as is: Some of the Sheldon Bosley Knight team in training The teams at Sheldon Bosley Knight love a challenge, especially when it involves supporting a local charity, and they are raring to go as they train for their next project Chloe Wright, Katie Fitzgerald, Josh Jones, Max Danby, Isobel Dix, Kate Taylor, Micha Johnson, Rebecca Dean, James Taylor and Sam Wright are hard at work preparing for a very special event, as the team of 10 from across the Sheldon Bosley Knight business train for the Three Peaks Challenge, which takes…

[openai_chatbot] rewrite this content and keep HTML tags as is: Welcome to the 30th UK Property Market Stats Show of 2025 — your go-to weekly YouTube ‘TV Show’ on the UK property market. This week, I’m joined by Simon Gates, as we unpack the key headlines from the 30th week of 2025, ending Sunday, 3rd August 2025. ✅ Listings (New to Market) 33.7k new listings this week (Up from 33k last week). YTD listings are 4.1% higher than 2024 YTD and 6.9% above the 2017–19 YTD average (1.10m YTD vs 1.06m in 2024 YTD).   ✅ Price Reductions 22.7k reductions…

[openai_chatbot] rewrite this content and keep HTML tags as is: As widely expected, the Bank of England’s Monetary Policy Committee (MPC) announced yesterday (7 August 2025) that it has cut its Bank Rate from 4.25% to 4%. It was a close thing – the move was approved by a 5-4 vote, following one MPC member, Alan Taylor, changing his vote from a half point to a quarter point. This is the fifth Bank of England cut over the past year and brings the rate to its lowest since March 2023. While the announcement is unlikely impact many existing mortgage holders…