UK Rental Market in June

The average monthly UK rent has risen by £80 in the last year, taking it to £1,226pcm. Overall, the rate at which new lets are rising annually has now slowed to 6.6%, down from 10% a year ago. This is the lowest rate of annual rental price inflation for 30 months...

Guernsey UK – House prices fall by 1.6% in the first quarter

The average purchase price of a property in Guernsey, based on sales in the last three months, has dropped by 1.6%, new figures show. The mix-adjusted average price for local market properties was £599,745 in the first quarter of this year. This figure is 2.3% lower...

Average age of first-time buyer in the UK is 33

The typical age of first-time home buyers is 33, surprisingly staying the same as in 1990. This is despite the proportion of first-time buyers under the age of 25 has decreasing by 18.1% and increasing by 9.5% in 35 to 44-year-olds – suggesting a high proportion of...

The highest yielding areas for property in the UK

The average gross rental yield in the UK is currently 5.60%. This is based on the average buy-to-let property costing £261,897 and the UK’s average rent being £1,223, according to our latest data. Gross yields have improved across all regions in the last year as house...