Weekly Property News Round Up – 05.10.24

Welcome to this week’s edition of Property News Weekly, where we bring you the latest updates shaping the property landscape.

This week, I share insights on Zoopla’s latest House Price Index report, revealing key trends in the UK property market. Additionally, a report highlighted the need for substantial upgrades to rental properties to meet government energy-efficiency goals. In the sales market, average house prices saw an increase, with Northern Ireland experiencing the most significant growth.

If you would like to speak to our experts for some industry insight on these important questions and discover the strategic opportunities this evolving market has to offer, reply to this article today.

Now, let’s have a look at the latest headlines that have caught our eye this week…

The Pure Property Podcast

Have you listened to our podcast yet? A new episode drops on Monday. It contains the latest property news and free education straight to your favourite podcast platform.

Stay tuned in and up-to-date with the latest property news, expert opinions and more! You can listen to it on Apple Podcasts and all other major platforms.

We would really appreciate it if you could subscribe and leave feedback for our Podcast on Apple.

Property News this Week:

House Price Index Report

Watch below as our Director, Tobi, provides expert insights on Zoopla’s latest House Price Index report, offering a comprehensive breakdown of the current trends in the UK property market. He explains key data points, such as regional price fluctuations and buyer demand, and interprets how these shifts impact both short-term investments and long-term strategies.

The Staggering Cost of Upgrades to Rental Homes

Approximately 2.9 million rental properties will need to be upgraded at a cost of £23.4bn to meet the government’s energy-efficiency goal by 2030, a report suggested. The third Rightmove Greener Homes Report said this would equate to around £8,074 per property. In August, the government announced it would require landlords to bring the Energy Performance Certificate (EPC) of rental homes up to a minimum rating of C.

House Prices: Fastest Annual Growth in Two Years

Over the last month alone average prices rose by 0.7% meaning a typical UK property is now £266,094 according to Nationwide’s data. Northern Ireland saw the biggest leap in annual house prices, recording an 8.6% jump in September. Meanwhile, the weakest area for property price growth was East Anglia where values fell by 0.8% over the year.

View the data.

That concludes this week’s updates. If you have any thoughts or questions about these headlines, feel free to reply—I’d love to chat with you about the latest market trends and discuss your investment goals.

I’ll be back next week with more insights on the property market. Enjoy your weekend!

Looking for more property investment advice?

Get in touch with our friendly team today to discuss your situation and start laying out a plan to secure maximum return on investment. Feel free to contact us using the form below.

Name

Last Name

Number

Message

I AGREE TO TRACK CAPITAL'S PRIVACY POLICY.

Looking for more property investment advice?

Get in touch with our friendly team today to discuss your situation and start laying out a plan to secure maximum return on investment. Feel free to contact us using the form below.

Recent Posts

How Rachel Reeves’ New Budget Could Transform the UK Property Market

By Tobi Mancuso

Date: November 4, 2024

Weekly Property News Round Up – 02.11.24

By Tobi Mancuso

Date: November 4, 2024

Where’s The Best Place To Invest In Property In 2024?

Read Post »

Tobi Mancuso August 13, 2024

Weekly Property News Round Up – 04.03.23

Read Post »

Tobi Mancuso March 5, 2023

Weekly Property News Round Up – 03.06.23

Read Post »

Tobi Mancuso June 4, 2023

Buy-To-Let: Limited Company vs Personal Ownership

Read Post »

Tobi Mancuso September 10, 2024

How Rachel Reeves’ New Budget Could Transform the UK Property Market

Read Post »

Tobi Mancuso November 4, 2024

Weekly Property News Round Up – 02.11.24

Read Post »

Tobi Mancuso November 4, 2024

The 5 Best Buy-To-Let Areas In Edinburgh

Read Post »

Tobi Mancuso October 29, 2024

How To Build A Property Portfolio

Read Post »

Tobi Mancuso October 29, 2024

Get in touch with us by clicking below and submitting an enquiry.

if you have any questions or would like to inquire about our services, please click on the “Contact Us” button below to be redirected to our contact page. Our team is dedicated to providing exceptional customer service and will do their best to assist you with any inquiries you may have.

Weekly Property News Round Up – 05.10.24

Property News this Week:

House Price Index Report

The Staggering Cost of Upgrades to Rental Homes

House Prices: Fastest Annual Growth in Two Years

Looking for more property investment advice?

Looking for more property investment advice?

Popular Posts

How Rachel Reeves’ New Budget Could Transform the UK Property Market

Weekly Property News Round Up – 02.11.24

The 5 Best Buy-To-Let Areas In Edinburgh

How To Build A Property Portfolio

Weekly Property News Round Up – 26.10.24

Weekly Property News Round Up – 19.10.24

Weekly Property News Round Up – 12.10.24

Track Capital’s Exclusive Site Visit to Manchester’s Best-Selling Development