Tag: zoopla
Property market improves for buyers as sellers forced to cut £14,000 from prices
Following a period of high prices, the property market has cooled, leaving those wishing to sell having to cut their asking prices by an average of £14,100 to secure an offer, according to online property portal Zoopla. Zoopla’s House Price Index, released on 28 February 2023, found that house price inflation had dropped from 8.5%...
Rents in UK ‘rising at fastest pace in 13 years’
Private sector rents in the UK are rising at the fastest pace since 2008 according to property portal Zoopla. With strong demand and limited supply, rents in September reached 4.6% higher than the previous year, with average monthly rent standing at £968. Not including London, UK rents rose 6% in the year, a 14-year high...
Over half of Britons are living in a home they no longer want to be in
A new study by online property portal Zoopla has found that more than half of homeowners feel they are stuck in a property that no longer meets their needs. The research also found that despite feeling that their home is no longer suitable, they stay there on average for four and a half years after...
Landlords selling private rental properties
Recent figures have revealed an increase in landlords selling their properties in the private home rental sector. Online property company Zoopla’s House Price Index report shows that the number of homes for sale that were previously rented has steadily increased throughout the past year. The south east and London show the biggest increase, with 13...
