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The Forbes UK Property Market Update

The UK Property Market Update for the week, finishing Sunday, the 18th of January 2025 Listings (New properties coming on to the market) – 33.7k UK listings this week (week 2). 19% higher than wk2 in 2024 YTD. 18% higher YTD than 17/18/19 YTD · % of Resi Sales Stock being reduced (Monthly): 7.8% of Resi sales […]

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Preston Property Blog – Are We Building Too Many Homes?

The issue of new housebuilding in the UK stirs strong emotions. Many believe their local areas are turning into construction zones, with too many homes being built, disrupting the character of towns and villages. But is this perception grounded in reality? The Labour government, which came into power in the summer of 2024, has set […]

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ATT LANDLORDS – Rental Market Squeeze: Why Fewer UK Homes Are Available to Rent

Despite the overall number of rental properties in the UK remaining relatively stable—around 4.87 million in 2024 compared to 4.85 million in 2017—the availability of rental homes on the market has declined sharply in many regions. This isn’t because landlords are exiting en masse, but because fewer properties are being listed as tenants are staying […]

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What are new homes worth around the UK?

The UK property market continues to showcase the significant role new homes play, contributing to nearly one in every five house sales annually. In 2024, the average price paid for a new home across the UK was £505,978, reflecting a strong demand for modern, energy-efficient properties. Below is a breakdown of average new home prices […]

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The 2024 Preston Property Market – An analysis of last year’s property market and what will happen in 2025?

At Forbes, as experienced local estate and letting agents, we like to monitor the UK and Preston property market trends. In this article we will start by analysing the 2024 property market (both nationally and locally) and then give our  predictions for 2025. In 2024, the UK property market recorded 1,230,136 homes sold subject to […]

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The Baby Boomer Housing Paradox: Wealth in Property, But Nowhere to Go…

For decades, baby boomers in the UK have been the quiet beneficiaries of a housing market that has worked in their favour. Rising property prices and a growing housing shortage have pushed home values sky-high, giving this generation substantial equity in their homes. However, as more and more boomers enter retirement age, a new reality […]

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The Ageing Population Turning to Rentals: What it means for Landlords.

Recent figures from the Office for National Statistics reveal that across the UK, 486,795 households are occupied by individuals aged 65 (and over) who live in a private rental sector home. This represents 6.71% of all OAP’s that are now renting privately. Ten years ago, only 267,704 households were occupied by individuals aged 65 (and […]

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FORBES PROPERTY BLOG – 10 Most Popular Questions Home Sellers Ask…

Home buying comes with a number of different questions that you want answering by your Estate Agent. But it isn’t all about buying, sellers also have thoughts running around their head and questions they need answering before putting their home on the market. Whilst the selling and buying of homes are completely unique processes, with […]

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Buy-to-Let is Dead – Long Live the Buy-to-Let Landlord…

Future legislation and the recent Budget have stirred considerable anxiety among landlords. The Chancellor’s decision to increase the additional Stamp Duty Land Tax (SDLT) from 3% to 5% for landlords purchasing additional properties initially suggested a grim outlook for the buy-to-let sector. This move, coupled with the introduction of the Renters’ Rights Act, which proposes […]

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Homebuyers Make Beating Stamp Duty Deadline a Priority This Christmas

Research indicates that most homebuyers are actively searching for properties through the Christmas period to beat the Stamp Duty relief deadline, expiring on April 1, 2025. A survey revealed 93% aim to complete their purchases by March 31, with 82% planning to continue house hunting through the holidays. Buyers are showing strong determination, from viewing […]

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