3 things you must know about the market today

Three things you MUST know about the market today!

Yes, that title was a little bit too ‘clickbait’ for us sorry, but we are really keen to share this information with everyone.

June has been a very interesting month for the UK property market. The Bank of England base rate increased (again!) to 1.25%. We also saw new listings increase by 5.03% in comparison to the month prior. The rise of properties going under offer in the last three months has gone up a massive 52.25% (March to June Data).

The rental market is about to undergo the biggest change in the last 30 years following the recent renters reform. One key take away being that all tenancy agreements will become periodic and there will be no fixed length tenancy agreements! Mind=Blown…

Cost of living is the number one topic for the press in the UK. This would have been a huge impact for new mortgage applications, but…

The Bank of England will axe a key mortgage affordability guideline designed to prevent people from financially overstretching.

Following its latest review of the mortgage market, the central bank's Financial Policy Committee has confirmed that from 1 August the affordability stress test making lenders pit borrowers' finances against their high standard variable rates plus 3 per cent will be withdrawn.

The test is part of recommendations introduced in 2014 in the aftermath of the financial crisis to guard against a loosening in mortgage underwriting standards and a material increase in household debt.

The stress test means borrowers have had to prove they could still afford their mortgage repayments if their mortgage rate was to increase to 3 per cent above their lender's standard variable rate.

As you can tell it has been a busy month for our industry just keeping up to date with all the new regulations, changes and goal posts being moved… That on top of a record amount of new listings and new sales for the avocado brokerage shows you are in the right place when it comes to talking property.

If you want to chat with your local avocado business owner then please pop us a note in the contact info form below or send us a DM on social media.

Get in touch

PS – you can get a property valuation booked here.

Get in touch with us

First Name

Last Name

Your Email Address

Mobile Phone

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as products and services. (You will always be given the right to unsubscribe at any point in the future)

Confirm

How I Built a 4-Property Portfolio While Working Full-Time | Real UK Property Journey

In this episode, we talk to Blair Rodgers, a former electrician who built a rental property portfolio while working full-time and raising a family. He shares how he got started, saved for deposits, and managed the day-to-day — all with the goal of building long-term wealth and planning for early retirement.

CLICK HERE >

Is Solihull’s Housing Market Broken for First-Time Buyers?

As we move into early summer 2025, Solihull's property market paints a bleak picture—especially for first-time buyers. Headlines scream that getting a foot on the ladder is harder than ever, and for many, that feels painfully true.

CLICK HERE >

17.5% of Warfield Homeowners Sell per Month

In today’s Warfield housing market, property market data isn't just helpful – it's essential. For Warfield homeowners and landlords looking to buy or sell a home, understanding the latest Warfield property trends, buyer behaviour, or house pricing movements is the difference between making a confident move and flying blind.

CLICK HERE >

Thinking of Selling? Here’s How to Boost Your Home’s Value First!

Want to get the best price for your home? Small updates like boosting kerb appeal, refreshing kitchens and bathrooms, and improving energy efficiency can make a big impact. We’ve helped many homeowners maximise their property’s value—let’s chat about how we can help you do the same!

CLICK HERE >