Right here we share a round-up of a number of the newest UK property information headlines …
Vitality value cap to rise – what does this imply for payments?
Wintertime signifies that many households will as soon as once more be worrying about their heating payments. Anxieties could also be heightened by an additional rise in October of the power value cap paid by all customers on normal tariffs (there’ll be no change if you’re on a hard and fast deal).
Reporting the rise on-line listings web site Rightmove famous a 2% improve within the cap from July to September’s £1,720 to a brand new restrict of £1,755.
Though this represents a £35 improve within the cap itself, the impact on family payments will rely on the relative power effectivity of the house. For essentially the most energy-efficient A-rated properties, as an illustration, common payments are prone to rise by simply £11 a 12 months whereas these which are poorly power environment friendly (G-rated) might must pay as a lot as £134 extra.
The power value cap is up to date each 4 months, and this newest improve is nearly double the quantity that business analysts had beforehand predicted.
Nationwide Home Value Index: August 2025
Nationwide’s home value index for August means that the speed of development in common costs has slowed – falling from an annual 2.4% in July to 2.1% within the present month. Permitting for seasonal variation, it is a 0.1% decline month on month.
Nationwide places the hesitant state of the market right down to continued affordability points – the value of a house stays excessive in comparison with earnings, so elevating the required deposit turns into a problem, particularly in opposition to the overall background of the price of residing.
Moreover, the price of a mortgage additionally stays excessive – some 3 times better than within the instant aftermath of the pandemic.
A report by the BBC on the 1st of Septembersuperior an additional motive for the slowed fee of development in common costs. Households are apprehensive in regards to the potential influence of doable modifications to property taxes comparable to Stamp Responsibility – which the federal government has mooted in a bid to extend public revenues.
An estimated 1.2m PRS rental properties are affected by damp and mildew
A narrative by Letting Agent As we speak just lately reiterated estimates that as many as 1.2 million properties within the non-public rented sector are uncovered to damp and mildew. The report drew on earlier statistics revealing that 26% of all landlords in 2023 had recognized damp or mould within the properties they let.
Landlords have a authorized obligation to offer properties freed from well being hazards, but damp and mildew pose critical dangers to well being.
That was the reasoning behind the formulation of “AMMAH – laws that obliges landlords of social housing to rectify damp and mildew inside an outlined, legally binding schedule. It adopted the dying of 2-year-old Awaab Ishak fatally uncovered to extreme mould in his rented dwelling.
Mortgage exercise anticipated to rebound
A surge in mortgage purposes is forecast within the third quarter of this 12 months, in accordance with a narrative by Property Wire on the 4th of September.
The 12 months has had its ups and downs. Mortgage exercise was buoyant within the first quarter, adopted by a droop throughout the next three months. An upsurge throughout third quarter is subsequently welcome – particularly considered from the attitude of extra profitable purposes from first-time consumers.
