News — Page 6 of 18

Property is an industry obsessed with numbers. We love house prices, digits, data and stats. Just a small cluster of figures can give us a snapshot of the market’s health and one recent number got the Open Property Group office talking.

According to Government figures, there are almost 5 million leasehold homes in England and Wales.

There are some interesting factors that may affect the success of a property sale in 2024.

A piece of research has uncovered Landlords in Brighton were most likely to consider offloading properties due to rising costs associated with their let

New research by Open Property Group has revealed a third of landlords (33%) plan to retire from or exit the buy-to-let market.

It has been proven that property is taking longer to sell this year.

We read an article which found over a third (37%) of landlords plan to cut the number of properties they let over the coming year.

While inflation gentles ebbs away, there is still no escaping the new reality that is uncomfortably high mortgage rates.

Property has long been a source of press headlines, just like the weather. We are addicted to talking about how much our home is worth, what it originally cost to buy and where house prices are heading.

If you are a landlord looking for the silver lining in a dark cloud, June’s interest rate decision will have certainly rained on your parade.