UK house prices beat expectations to hit record high
UK house prices reached a record £301,151 in February as Halifax reports stronger-than-expected growth, though Middle East tensions could slow future interest rate cuts.
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UK house prices reached a record £301,151 in February as Halifax reports stronger-than-expected growth, though Middle East tensions could slow future interest rate cuts.
Limited company landlords accounted for a record 43% of buy-to-let mortgage purchases in 2025, highlighting a major structural shift in the UK rental market following tax changes.
Average rents now exceed £1,000 a month in 52% of British local areas, up from 23% in 2020, as affordability pressures grow despite signs of slowing rental inflation.
More than 210,000 rented households in England fell into arrears in 2024-25, with total unpaid rent estimated at £470m, research shows.
Reform UK has pledged to abolish Labour’s Renters’ Rights Act, prompting warnings it could create instability without lowering rents.
Unite Group has warned of lower occupancy and rental growth as more UK students opt to live at home, pushing shares sharply lower.
Aston Martin has unveiled its first branded residential project in South America, partnering with Brazilian developer Setai to launch a 45-storey luxury tower in João Pessoa.
The sell-off of buy-to-let homes appears to be easing, with former rental properties falling from 17.4% to 10.4% of new listings, according to TwentyCi.
A record 66,587 buy-to-let companies were set up in 2025 as landlords increasingly shift to corporate structures to offset tax rises and higher mortgage costs.
Housebuilders warn that the UK’s second staircase rule for flats over 18 metres is choking housing supply, with analysts estimating up to 90,000 homes will not be built despite little evidence of improved safety.