Foxtons news

Selling

keys-to-the-door

<h2 class='intro_basic'>As London's number 1 estate agency brand*, Foxtons has the buyers, technology and expertise to sell your home quickly.</h2>
<p><small><small>*Source: TwentyCI data, 2024 v 2023 market share and market share growth of new instructions at a brand level.
</small></small></p>
<p>In the wider market, buyers might slow their pace now that stamp duty has returned to normal rates. But at Foxtons, we're confident we can get it done on your timeline. We are well prepared to get sales across the line this spring, and our pipeline of buyers remains strong. 

<p>At the same time, lenders are not sitting back and waiting for the mortgage market. They understand the need to incentivise buyers now that stamp duty is back, and they're coming out with innovative products to do just that (read: <a href='https://www.foxtons.co.uk/discover/2025/04/the-rise-of-lowdeposit-mortgages-opportunities-at-17year-high' target='_blank'>Low-deposit mortgage options are at a 17 year high</a>).

<p>But if you want a sale with real momentum this spring, there are things you can do too. We asked our sales team to provide their best recommendations for a quick sale, so here's what they recommend:


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<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2025/04/keys-to-the-door/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a>
<div><p><small>Photo by Foxtons Specialist Video & Photography team</small></p>
<h3>1. Bring us a set of keys straight away.</h3>
<p>Your instruction signals our local teams to start ringing their registered buyers. So, if our local office has keys, we can book in viewings fast – as soon after you instruct as you’re ready for.</p></div>
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<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2025/04/conveyancing/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a>
<div><p><small><a href='https://unsplash.com/photos/man-writing-on-paper-OQMZwNd3ThU' target='_blank'>Photo</a> by <a href='https://unsplash.com/@amstram' target='_blank'>Scott Graham</a> | <a href='https://unsplash.com/license' target='_blank'>Unsplash</a></small></p>
<h3>2.	Get your solicitor sorted early doors. </h3>
<p>Being sale-ready means having all your paperwork in order before you find a buyer. <a href='https://www.foxtons.co.uk/sell/conveyancing' target='_blank'>Conveyan</a>, our panel of recommended solicitors, can ensure contracts are sent out the day you accept an offer.</p></div>
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<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2024/05/buy-home-in-london/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a>
<div> <p><small>Photo by Foxtons Specialist Video & Photography team</small></p>
<h3>3.	Make that first impression count. </h3>
<p>Most buyers first spot your home online – our brilliant in-house photographers will capture your property looking its absolute best. You can help rake in the viewing requests by making sure your home is as tidy and clutter-free as possible for those pictures.  
<p>Then, keep everything clean and tidy for viewings, and buyers will be able to see more clearly what your home offers.
</p></div>
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<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2025/04/paint-rooms/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a>
<div> <p><small>Photo by Foxtons Specialist Video & Photography team</small></p>
<h3>4.	Present a clean, bright space.</h3>
<p>When you're looking for a quick sale, it's not the time to get architects involved. Big renovations take time, but a simple fresh coat of paint and thorough spring cleaning works wonders. Open curtains to maximise natural light.</p></div>
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<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2025/04/london-network-of-buyers/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a>
<div> <p><small>Photo by Foxtons Specialist Video & Photography team</small></p>
<h3>5. Tap into our London-wide network</h3>
<p><b>To sell quickly, you’ll want to be sure you have as large a buyer pool as you can.</b> 
<p>If your agent is just looking for buyers who’ve registered their search in the local area, they’re missing an entire demographic. Foxtons agents can show properties anywhere – not just in their assigned patch – and are skilled at introducing renters to areas of London they’ll love. 
<p>So, using the latest market data from our entire network, we factor demand from across London into your pricing strategy. It’s why you’ll get more out of a Foxtons valuation.
<p><b>Thinking outside the postcode. That’s how we get it done.</b></p></p></div>
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<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2025/04/viewings-hours/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a>
<div><p><small><a href='https://unsplash.com/photos/person-looking-at-silver-colored-analog-watch-otjiUhq5Zcw' target='_blank'>Photo</a> by <a href='https://unsplash.com/@andrea_natali' target='_blank'>Andrea Natali</a> | <a href='https://unsplash.com/license' target='_blank'>Unsplash</a></small></p>
<h3>6. Be flexible with viewings.</h3>
<p>Another way to increase your buyer pool is to be flexible when it comes to viewings. <b>22% of Foxtons viewings happen outside regular hours</b> - so, you’ll get more buyer interest if you let your agent show properties in the evenings.</p></div>
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<a href="#" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2024/03/auction1/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a> 
<div><p><small>Photo by Foxtons Specialist Video & Photography team</small></p>
<h3>7. We get it done <i>fast</i></h3>
<p>If you need an even faster sale, try Foxtons hybrid auctions. Yes, these are auctions, but not as you know them. No auction houses, no secret bids – Foxtons Auctions are carefully organised to be transparent and user-friendly, specifically designed for the typical London homeowner to succeed. 
<p>And the best part? Our average time is 71 days – <b>that’s less than 2 months from listing to exchange</b>.*</p></div>
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<blockquote class='pullquote_right'>
<a href='https://www.foxtons.co.uk/discover/2023/11/why-to-choose-foxtons-for-your-property-valuation' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2023/11/fsp-2/720.jpg' alt=''></a><p><small>See <a href='https://www.foxtons.co.uk/' target='_blank'>why to choose Foxtons for your property valuation</a>
</blockquote>
<p><big><font color= "#017163">The #1 tip for a quick sale?</p></big>

<p>What's the very best thing you can do to achieve a quick sale this spring? Book a Foxtons valuation now. <b>London's number 1 estate agency</b> will build you the best strategy based on yours and the surrounding local markets, your goals and your timeline:
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<a href="https://www.foxtons.co.uk/valuations" class="cta-button cta-button-primary">Book a valuation</a>

<a href="tel:020 7893 6300" class="cta-button cta-button-secondary">
  
 &#x1f4f1; Call 020 7893 6300</a>

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   <p><p><b>Source:</b> Foxtons Sales department have reviewed and edited this article to ensure you have the best advice to  get your property sold quickly. If you have any questions on this article, <a href='mailto:experts@foxtons.co.uk?subject=Foxtons%20Quick%20Sale%20Article' target='_blank'>send us an email</a>. 
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Landlords

Legislation

eicr-renewal

<h2 class='intro_basic'>Remember April 2020? While the world was navigating unprecedented times, a crucial piece of legislation quietly came into effect for landlords: the Electrical Safety Standards in the Private Rented Sector Regulations. Fast forward five years, and for many, that initial Electrical Installation Condition Report (EICR) is likely nearing its expiration date.</h2>


<p>Your EICR is the electrical health check for your property. It's a vital document confirming that your wiring, sockets, and other electrical installations are safe for your tenants. Neglecting this renewal isn't just a breach of the law – it could put your tenants at risk and leave you vulnerable to hefty fines and potential legal repercussions.

<p>"A valid EICR isn't merely a legal box-ticking exercise—it's essential protection for your property and tenants," emphasises Fran Giltinan, Managing Director of Property Management & Customer Experience at Foxtons. "For self-managing landlords especially, we recommend booking inspections promptly as technicians' schedules might fill quickly. Plan ahead to ensure your properties remain compliant without the last-minute scramble.”

<p>Read the full quote in our latest <a href='https://cms-assets.foxtons.co.uk/2025_04_Lettings_Market_Report_March_2025_LL_21961ec305.pdf' target='_blank'>Lettings Market Report</a>.


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<a href='https://www.foxtons.co.uk/landlord/property-management' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/04/electrical-appliances-in-kitchen/720.jpg' alt='Kitchen electrics'></a>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
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<p>The good news? Staying on top of your EICR doesn't have to be a headache. At <a href='https://www.foxtons.co.uk/landlord/property-management' target='_blank'>Foxtons Property Management</a>, we understand the pressures landlords face. And if you choose us to manage your property, you’ll never have that sudden panic of realising a crucial document is about to expire. 

<p>From keeping track of essential certifications like your EICR to ensuring all your properties meet the latest compliance standards, our team of <b>continually trained and ARLA-qualified experts</b> will provide you with peace of mind and fully compliant properties. We meticulously look after your documents, ensuring everything is up to date and in line with the latest regulations, so you don't need to worry about the details.

<p><b>With Foxtons Property Management, we get it done so you don't have to.</b>

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<a href="https://www.foxtons.co.uk/valuations" class="cta-button cta-button-primary">Learn more about Foxtons Property Management</a>

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   <p><p><b>Source:</b> This article has been reviewed and edited by Foxtons Property Management to ensure you have the exact right information on compliance to hand. If you have questions or want to know more about your obligations as a landlord, contact <a href='https://www.foxtons.co.uk/landlord/enquiry/property-management' target='_blank'>Foxtons Property Management</a>. 
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Property market updates

rental-market-april-2025

<h2 class='intro_basic'>Two years ago, you'd easily have your next renter secured in hours. If you want that sort of speed in today's market, you're going to need a strong strategy.<br><br>The March edition of our <a href='https://www.foxtons.co.uk/reports' target='_blank'>Lettings Market Report</a> shows why tenants have more options to consider before signing leases. By understanding what renters are looking for and making the right adjustments to your strategy, you can attract premium renters in this evolving landscape – let us show you how.</h2>


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   <p style="margin-left: 25px; margin-right: 25px;"><i>"For landlords navigating this competitive spring market, these figures present both
opportunity and challenge. You’ll need to act fast to secure premium tenants amid the
growing competition. Now is the optimal time to ensure your listings stand out through
professional photography, competitive pricing and expert salesmanship."</i>

<p style="text-align: right">Gareth Atkins<br><small><b>Managing Director - Lettings</small></b></p>

<center><p style="background-color: #cce3e0;"><a href='https://cms-assets.foxtons.co.uk/2025_04_Lettings_Market_Report_March_2025_LL_21961ec305.pdf' target='_blank'>See the full story in the <b>Lettings Market Report - March 2025</b></a></big></center>
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<h3>&#x1f4c8; Key numbers from the report</h3>
<p style="margin-left: 25px">• <b>Demand:</b> March saw an 11% month-on-month rise in applicant registrations. Year on year,
demand was stable, tracking just 2% below March 2024 levels.
<p style="margin-left: 25px">• <b>Supply:</b> March saw a 14% increase in new rental listings across London compared to February, marking the strongest month-on-month uplift so far in 2025.
<p style="margin-left: 25px">• <b>Rent achieved:</b> The average rent achieved in March stood at £565 per week, reflecting a 2% increase year on year.

<h3>&#x1f3ac; Watch: What increased supply means for your property</h3>
<p>Sarah Tonkinson, Managing Director - Institutional PRS and Build to Rent shares expert insight on what the increase in listings means for your property and strategy: 

<center><div style="padding:100.78% 0 0 0;position:relative;"><iframe src="https://player.vimeo.com/video/1077665368?h=170cb3bc60&amp;title=0&amp;byline=0&amp;portrait=0&amp;badge=0&amp;autopause=0&amp;player_id=0&amp;app_id=58479" frameborder="0" allow="autoplay; fullscreen; picture-in-picture; clipboard-write" style="position:absolute;top:0;left:0;width:100%;height:100%;" title="Foxtons Lettings Market Report March 2025"></iframe></div><script src=https://player.vimeo.com/api/player.js></script></center>





<h3>Don't forget your EICR</h3>
<p style="margin-left: 45px; margin-right: 45px;"><i>"April 2025 marks five years since the Electrical Safety Standards regulations took effect, requiring rental properties to be inspected by qualified technicians. This document is typically valid for 5 years, which means many original EICRs are now due for renewal..."</i> </p>
<p style="text-align: right; margin-left: 45px; margin-right: 45px;">Fran Giltinan<br><small><b>Managing Director of Property Management</small></b></p>

<center><p style="background-color: #cce3e0;margin-left: 45px; margin-right: 45px;"><a href='https://cms-assets.foxtons.co.uk/2025_04_Lettings_Market_Report_March_2025_LL_21961ec305.pdf' target='_blank'>See the full story in the <b>Lettings Market Report - March 2025</b></a></big></center>
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<p>Fran shared an important reminder in this month's Lettings Market Report. For many landlords, it's time to renew your EICR to ensure your property is compliant and safe. 
<p>If you do not use Foxtons Property Management (who will organise this process for you) you need to know when your EICR is due for renewal and ensure you have a qualified engineer carrying out the checks. <b>Don't forget your EICR!</b>
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<a href="https://www.foxtons.co.uk/valuations" class="cta-button cta-button-primary"> Get a rental valuation
</a>
<a href="https://www.foxtons.co.uk/landlord/property-management" class="cta-button cta-button-secondary">Explore Foxtons Property Management</a>

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<br><br>
<h5>More insight on the lettings market:</h5> 

<p style="margin-left: 25px">• <a href='https://www.foxtons.co.uk/discover/2020/05/landlord-regulation-update-eicr' target='_blank'>Landlord regulation update: EICR</a>

<p style="margin-left: 25px">• <a href='https://www.foxtons.co.uk/discover/2025/03/landlords-and-data-protection-to-register-or-not-to-register'>Landlords and data protection: to register or not to register</a>

<p style="margin-left: 25px">• <a href='https://www.foxtons.co.uk/discover/2024/03/how-to-grow-your-portfolio-so-it-flourishes-in-the-lettings-rush'>How to grow your portfolio so it flourishes in the lettings rush</a>

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  <p>ST: Right now, we are seeing renters view many more developments before making their decision. They’re comparing everything—from affordability to community and convenience—so your offering must be crystal clear. We’re seeing buildings with fewer amenities leasing quickly because operators can offer lower rents. And lower rents plus the BTR experience is a massive draw.
<p>Meanwhile, competition to reach renters is intensifying. March saw listings jump 14% from February—and yes, that's significantly higher than last year. But the real story is in the trend. Throughout Q1 this year, new listings have consistently outpaced 2022 and 2023. This is an entirely different market dynamic. So the strategies that worked 2-3 years ago won't cut it now.
<P>First and foremost, you’ll need to know how you stack up against your competitors. Particularly with London's cost pressures, affordability has become the make-or-break factor for most renters. A precise, competitive pricing strategy is essential. Your agent should be providing detailed market data to support your strategy.


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 <small>  <p><p><b>Source:</b> 
<p style="margin-left: 25px">•	<b>Market data</b>: Foxtons Business Analytics produces our monthly Lettings Market Report, leveraging cutting-edge technology and our exclusive database, one of the largest for London's property market, to provide unparalleled insights for our landlords each month.
<p style="margin-left: 25px">•	<b>Expert insight</b>: To provide you with the most value, this article features our leading lettings experts. Our team's hands-on experience comes from many years in the industry with London's leading lettings agency, so you can rely on our practical, market-tested insight. 
<p>This blend of data-driven analysis and expert commentary offers a comprehensive view of the market, helping landlords navigate any market conditions with confidence. For any questions on the report or insight, <a href="mailto:experts@foxtons.co.uk">ask a Foxtons expert</a>.</small>
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Property focus

Renting

coppermaker-square

<h2 class='intro_basic'>Looking for a stylish new rental in London? This Easter bank holiday weekend offers the ideal opportunity to explore vibrant E20 and discover <a href='https://www.foxtons.co.uk/buildtorent/coppermaker-square-e20' target='_blank'>Coppermaker Square</a> – an exceptional build-to-rent development with incredible incentives that you won't want to miss.</h2>


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    <div class="main-heading">Your East London apartment is here.</div>
    
    <div class="feature-container">
      <div class="feature-item">Your apartment with a shimmering pool waiting for morning laps...</div>
      <div class="feature-item">Your base camp with the city at your fingertips, just minutes from everywhere...</div>
      <div class="feature-item">The pet-friendly haven where your furry friend gets their own spa day...</div>
      <div class="feature-item">Your vibrant neighbourhood buzzing with culture, shops, and endless possibilities...</div>
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    <div class="call-to-action">
      Find it this Bank Holiday Weekend
      <div class="highlight" style="color: #017163 !important;"><a href='mailto:experts@foxtons.co.uk?subject=Coppermaker%20Square%20Tour' target='_blank'>5 WEEKS RENT FREE</a></div>
    </div>
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<br>
<p>Looking for a new place to rent in London this Easter? Pop one essential stop on your to-do list – the festivities in E20, with a VIP tour of <a href='https://www.foxtons.co.uk/buildtorent/coppermaker-square-e20' target='_blank'>Coppermaker Square</a>. Talk about perfect timing – we've got an absolutely cracking deal with <b>5 weeks rent free</b> on select units.


<p><a href='https://www.foxtons.co.uk/' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2023/05/amenities-cms/720.png' alt=''></a></p>



<h3>Finding your home in East London</h3>
<p>The E20 postcode, born in 2011 for the Olympic Park area, has transformed into one of East London's most vibrant spots – and your home could be at the heart of it. Foxtons Build to Rent expert Amie Roberts explains why East London renters love this space:

<blockquote class='pullquote_right'>
<a href='https://www.foxtons.co.uk/buildtorent/coppermaker-square-e20' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2023/05/the-engine-25/480.jpg' alt=''></a><p>“Every time I visit the building, I have a <b>new favourite feature</b>…”
</blockquote>

<p style="margin-left: 45px; margin-right: 45px;"><i>“The E20 postcode was introduced in 2011 to cover the Olympic Park, Olympic stadium and the developments and districts planned to surround it. The freedom of space gave our Build to Rent clients an incredible opportunity to create entire communities within one development. 

<p style="margin-left: 45px; margin-right: 45px;">Coppermaker Square is one of my personal favourites, it has beautiful apartments with truly envious amenities and an incredibly friendly and accommodating onsite team who work hard to continuously impress Residents with their on-site events. 

<p style="margin-left: 45px; margin-right: 45px;">Every time I revisit the building I have a new favourite feature, the pet-spa facilities, the stunning pool in the wellness centre or sound-baths in the yoga studio…

<p style="margin-left: 45px; margin-right: 45px;">Residents join the community from all walks of life. 

<p style="margin-left: 45px; margin-right: 45px;">There are those moving to London new and wanting great transport links to discover the city. Professional sharers who appreciate the generous bedroom sizes and additional communal spaces. Retirees who are looking to downsize to an easier base, international students who study at the nearby UAL and creatives who love the co-working space and nearby cultural attractions at the East Bank in Stratford Cross.”</i>


<p><a href='https://www.foxtons.co.uk/' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/04/east-bank-east-london/720.jpg' alt=''></a></p>



<h3>East Bank: East London's culture crush</h3>
<p>This neighbourhood has a whole new vibe with loads of exciting things to do, and residents are loving it. Stratford Cross especially, which sits in E20 sits alongside Queen Elizabeth Olympic Park. It features the emerging East Bank, which is aiming to rival South Bank with some seriously impressive London institutions:
<p style="margin-left: 25px;"> &#x2022 <b>The Victoria and Albert East</b> – the world-famous V&A is bringing its stunning collections of art, design and performance to E20, opening 31 May 2025 and already creating buzz among design lovers
<p style="margin-left: 25px;"> &#x2022 <b>London College of Fashion UAL and UCL East</b> – two prestigious universities bringing thousands of creative minds, cutting-edge research, and youthful energy right to your doorstep
<p style="margin-left: 25px;"> &#x2022 <b>BBC Music Studios</b> – imagine living where some of Britain's most iconic musicians will rehearse and record live, bringing the heartbeat of the UK music scene to your neighbourhood
<p style="margin-left: 25px;"> &#x2022 <b>Sadlers Wells East</b> – the legendary dance theatre is creating a new offshoot that will transform the performing arts scene in East London
<p>With these cultural powerhouses all in one spot, East Bank isn't just following South Bank's footsteps – it's creating something brilliantly unique for East London. And you could be right at the heart of it all.


<p><a href='https://www.foxtons.co.uk/' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/04/east-london-flat/720.jpg' alt=''></a></p>



<h3>Easter20 Weekend: the perfect time to explore</h3>
<p>We're keeping our fingers crossed for decent London weather this bank holiday weekend, but rain or shine, there's loads to do! Check out these brilliant events:
<p style="margin-left: 25px;"> &#x2022 Excellent afternoon tea, bottomless brunch and Sunday roast celebrating Easter at <a href='https://www.thestratford.com/easter-weekend-2025/' target='_blank'>The Stratford</a>
<p style="margin-left: 25px;"> &#x2022 An Easter Mission scavenger hunt game at <a href='https://www.westfield.com/en/united-kingdom/stratfordcity/events/easter-mission/128583' target='_blank'>Westfield Stratford</a>
<p style="margin-left: 25px;"> &#x2022 An <a href='https://www.queenelizabetholympicpark.co.uk/whats-on/joe-bananas-easter-egg-trail-and-party' target='_blank'>Easter scavenger hunt and party</a> for the kids at Timber Lodge Café in Queen Elizabeth Park, hosted by Joe Banana with a special guest appearance as the Easter Bunny 
<p style="margin-left: 25px;"> &#x2022 Opening weekend of <a href='https://www.roofeast.com/' target='_blank'>Roof East</a>, the rooftop bar and events space with all sorts of games and street food. The <a href='https://www.roofeast.com/cinema' target='_blank'>rooftop cinema</a> is open over the weekend, showing the hits from Wicked to Dirty Dancing. 

<p>Make Coppermaker Square part of your East London adventure. Foxtons will have dedicated experts on hand offering personal tours of all the amazing amenities, show apartments, and available units.


<h3>Limited-time offer for your new home</h3>
<p>Secure <b>5 weeks rent free</b> on select flats in East London when you move in by May 15th. With our comprehensive tours showing off everything this premium development offers, it's no wonder we're already securing <b>student flats in London for September</b>.

<p>Don't miss this opportunity to find your perfect apartment to rent in East London. Pop by <a href='https://www.foxtons.co.uk/buildtorent/coppermaker-square-e20' target='_blank'>Coppermaker Square</a> this Easter weekend and see for yourself why it's becoming one of the most sought-after addresses in Stratford.</p>

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<a href='mailto:experts@foxtons.co.uk?subject=Coppermaker%20Square%20Tour' target='_blank' class="cta-button cta-button-primary">Book your tour</a>

<a href="tel:020 8150 8585" class="cta-button cta-button-secondary">
  
 &#x1f4f1; Call 020 8150 8585</a>

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Buying

low-deposit-mortgages

<h2 class='intro_basic'>If you've been squirrelling away for a deposit, this might just be your moment. The number of low-deposit mortgages available has just hit its <b>highest point in 17 years</b>. 
</h2>

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            <a href="#timing" class="toc-link">Why are there so many low-deposit mortgages?</a>
        </li>        
        <li class="toc-item">
            <a href="#ltv" class="toc-link">What are low-deposit mortgages?</a>
        </li>
        <li class="toc-item">
            <a href="#current-mortgage-rates" class="toc-link">How do falling mortgage rates benefit you?</a>
        </li>
        <li class="toc-item">
            <a href="#mortgage-advice" class="toc-link">What the experts say...</a>
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        <li class="toc-item">
            <a href="#get-a-mortgage" class="toc-link">Is it a good time to get a mortgage?</a>
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        <li class="toc-item">
            <a href="#next-steps" class="toc-link">What are the next steps?</a>
        </li>
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<a id="timing"><h3>Why this is great news right now</h3></a>
<p>The property market has kicked off 2025 with tremendous energy. Yes, Stamp Duty returned to normal rates on 1 April, which would seem like bad news at first glance. But lenders are keen to keep buyers moving, so they’re piling on the new incentives to make the market more accessible to you.
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<center><p><big><b>Your perfect home could be waiting…</b></big></center>
<p><i>"Even with Stamp Duty back to normal rates, we're seeing plenty of buyers moving forward with their property dreams – and they're making a smart choice. 
<p>“While a temporary tax break can help initially, it won’t affect your long-term home value. The house hunt is so much more about finding the right property in the right location. And with Rightmove reporting the most homes available for sale in ten years, buyers have more chances than ever to find that perfect match. 
<p>“Rather than waiting for the 'perfect time' – with this much choice available, your perfect home could be waiting for you right now."</i>
<p style="text-align: right">Jean Jameson,<br><small><b>Chief Sales Officer - Foxtons</small></b></p>
</p></div>

<p>Lenders have spotted the affordability challenges and responded brilliantly, filling the market with 90-95% LTV mortgage options. We haven't seen this much choice in low-deposit mortgages since 2008, according to the latest Moneyfacts UK Mortgage Trends Treasury Report.

<a id="ltv"><p><big><font color= "#017163" >What are low-deposit mortgages?</big></p></a>
<p>Simply put, a 90% LTV mortgage means you only need a 10% deposit, while a 95% LTV requires just 5% down. <p>This is great news for many Londoners who earn the salary to comfortably afford monthly payments but find it difficult in today's economy to save enough for the typical 15-20% deposit.
<div class='clearfix'></div>

<figure><img src='https://page-assets.foxtons.co.uk/news-images/2025/04/first-time-buyer-advice/720.jpg' alt='Falling mortgage rates'>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>


<a id="current-mortgage-rates"><h3>How falling mortgage rates today benefit you</h3></a>
<p>Here's possibly the best part of the Moneyfacts UK report – current mortgage rates for small deposits have dropped. The average two-year fixed rate for borrowers with a 5% deposit is now 5.81% – the lowest in over two years.
<p>Lower rates mean two things:
<p style="margin-left: 25px">1. Your monthly payments will be lower, leaving more in your pocket.
<p style="margin-left: 25px">2.	You'll likely pass affordability checks more easily, as lenders calculate what you can borrow based on these lower rates.

<p>For example, a 0.5% drop in your rate could mean saving hundreds of pounds each year and potentially qualifying for thousands more in borrowing power. 


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                <div class="icon">&#x1f4c8;</div>
 
                <span class="stat-number"><span class="arrow-up">▲</span>28.4%</span>
                <p class="stat-description">Increase in number of first-time buyer applications</p>
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                <span class="stat-number"><span class="arrow-down">▼</span>12%</span>
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            Source: Alexander Hall data on first-time buyer clients, 2022-2024
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<a id="mortgage-advice"><h3>What the experts say</h3></a>
<p>We asked Richard Merrett, Managing Director of Alexander Hall, to sum up the market for you: 
<p style="margin-left: 60px; margin-right: 60px;"><i>“The greater availability of low deposit options is a fantastic sign for the property market. 
<p style="margin-left: 60px; margin-right: 60px;">More high LTV financing options helps stimulate activity which is positive not only for first-time buyers (FTBs) but also further up the property chain with greater options for homemovers as their buyers have potentially more leverage, giving greater confidence in their own sales journey. 
<p style="margin-left: 60px; margin-right: 60px;">There is even more positivity in that not only is product availability high but this is coupled with lower average rates than we have seen for some time, and some excellent innovations.
<p style="margin-left: 60px; margin-right: 60px;">The likes of Accord and Skipton have released specific products aimed at FTBs; there are more options for families to support mortgage applications and help boost affordability from lenders such as Loughborough, Gen H and Barclays; and major lenders such as Halifax and Santander have tweaked their affordability calculations, estimating that many buyers could potentially increase their borrowing by as much as 13%. 
<p style="margin-left: 60px; margin-right: 60px;"><b>All of these innovations substantially increase any prospective buyer’s ability to find their dream home.”</b></i>

<figure><img src='https://page-assets.foxtons.co.uk/news-images/2025/04/good-time-to-get-a-mortgage/720.jpg' alt='Mortgages London'>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>


<a id="get-a-mortgage"><h3>Is it a good time to get a mortgage?</h3></a>
<p>April also marks the highest number of mortgages on the market since October 2007, according to the latest Moneyfacts UK Mortgage Trends Treasury Report. So, whether you’re looking for a low deposit option or another product, you've got more choices than at any point in <b>almost 2 decades</b>.

<h3>The myth of perfect timing</h3>
<p>The Bank of England holding the base rate in March has helped create a sense of stability in the market. The next Bank of England announcement comes in May, but as always, trying to predict the perfect moment with the absolute lowest rates can be risky. The global economic situation makes forecasting difficult, and waiting for slightly better rates might mean missing excellent current opportunities.

<a id="next-steps"><h3>Next steps</h3></a>
<p>Ready to seize this opportunity? Here's how to get moving today:
<p style="margin-left: 25px">&#x2022 Get your mortgage agreed in principle first. This confirms your budget before viewings, so you’re looking at properties you can afford. 
<p style="margin-left: 25px">&#x2022 Using a mortgage rate calculator can give you a clue to your budget, but if you want to see what the best-suited mortgage products can do for you, it’s time to talk to a trusted broker. Our partners can guide you through all options – including the high street lenders and beyond:

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<a href="https://www.alexanderhall.co.uk/contact" class="cta-button cta-button-secondary">Book a free consultation with Alexander Hall</a>

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<p>The other thing to do is let us know what you're looking for – because in this busy market, you need a head start. Sign up for a My Foxtons account, and we'll share new listings that suit your search before they hit the major portals:




<center>
<a href="https://www.foxtons.co.uk/myfoxtons/applicants" class="cta-button cta-button-primary">Sign up to My Foxtons</a>
</center>

<p>Current mortgage rates are favourable, especially for those with smaller deposits. With mortgage interest rates UK-wide showing promise, this spring could be the perfect time to make your move.


<br><hr><br>
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   <p><p><b>Source:</b> This article has been reviewed and edited by Foxtons Sales department and Alexander Hall mortgage advisers. The information has all been carefully reviewed to ensure you have the most reliable insight on a complex market, exactly when you need it. If you have any questions about the article, <a href='mailto:experts@foxtons.co.uk?subject=Low-deposit%20mortgages%20article' target='_blank'>ask a Foxtons expert</a>.</div>



Area guide

Lifestyle

boat-race

management-pack-for-leasehold-property

<h2 class='intro_basic'>Selling a leasehold property comes with a few extra steps. Don't worry – we'll walk you through the management pack process, making it simple and stress-free.</h2>

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    <div class="toc-title">Jump to:</div>
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        <li class="toc-item">
            <a href="#what-is-leasehold" class="toc-link">What is a leasehold property?</a>
        </li>        
        <li class="toc-item">
            <a href="#who-manages" class="toc-link">Who manages my leasehold?</a>
        </li>
        <li class="toc-item">
            <a href="#request-pack" class="toc-link">How do I request a management pack?</a>
        </li>
        <li class="toc-item">
            <a href="#when" class="toc-link">When do I need to get the management pack?</a>
        </li>
        <li class="toc-item">
            <a href="#cost" class="toc-link">How much does it cost? Who pays?</a>
        </li>
        <li class="toc-item">
            <a href="#timeline" class="toc-link">How long does it take to get a management pack?</a>
        </li>
        <li class="toc-item">
            <a href="#expiration" class="toc-link">When does it expire?</a>
        </li>
        <li class="toc-item">
            <a href="#what-to-do" class="toc-link">What do I do with a management pack?</a>
        </li>
        <li class="toc-item">
            <a href="#legal-requirement" class="toc-link">Is it a legal requirement?</a>
        </li>
        <li class="toc-item">
            <a href="#buyer-request" class="toc-link">Can my buyer request it themselves?</a>
        </li>
    </ul>
</div> 


<a id="what-is-leasehold"><h3>What is a leasehold property?</h3>
<p>First things first, let's clarify what makes a property leasehold. These distinctions are important when it comes to selling your property:</h5>


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<body>
  <div class="infographic">
    <div class="table-layout">
      
      <div class="header-row">
        <div class="row-label"></div>
        <div class="space-cell"></div>
        <div class="header-cell freehold-header"><center><big>&#x1f3e1;</big></center>Freehold</div>
        <div class="space-cell"></div>
        <div class="header-cell leasehold-header"><center><big>&#x1f3e2;</big></center>Leasehold</div>
       <div class="space-cell"></div> <div class="header-cell share-freehold-header"><center><big>&#x1f91d;</big></center>Share of Freehold</div>
      </div>
      
      
      <div class="row">
        <div class="row-label">Who owns the property?</div>
        <div class="space-cell"></div> 
        <div class="content-cell freehold-cell">You own the property, the land it sits on and space above it</div>
        <div class="space-cell"></div><div class="content-cell leasehold-cell">You own the property for a fixed period, the freeholder owns the land and building</div>
       <div class="space-cell"></div> <div class="content-cell share-freehold-cell">You own the property and co-own the building</div>
      </div>
      
      
      <div class="row">
        <div class="row-label shaded">What bills do I pay?</div>
        <div class="space-cell"></div>
        <div class="content-cell freehold-cell shaded">No ground rent or service charge</div>
        <div class="space-cell"></div><div class="content-cell leasehold-cell shaded">Typically ground rent, service charge and maintenance fees</div>
       <div class="space-cell"></div> <div class="content-cell share-freehold-cell shaded">You typically pay service charge for maintenance of communal areas and building</div>
      </div>
      
      
      <div class="row">
        <div class="row-label">Who is responsible for building maintenance?</div> 
        <div class="space-cell"></div>
        <div class="content-cell freehold-cell">You are responsible for all maintenance</div>
        <div class="space-cell"></div><div class="content-cell leasehold-cell">The freeholder or managing agent they've hired</div>
        <div class="space-cell"></div><div class="content-cell share-freehold-cell">The collective homeowners, or the management company you've hired</div>
      </div>
      
      
      <div class="row">
        <div class="row-label shaded">Typically applies to</div>
        <div class="space-cell"></div>
        <div class="content-cell freehold-cell shaded">Houses</div>
        <div class="space-cell"></div><div class="content-cell leasehold-cell shaded">Apartments</div>
       <div class="space-cell"></div> <div class="content-cell share-freehold-cell shaded">Split houses, Maisonettes</div>
      </div>
    </div>
  </div>
</body>
</html>
<p style="text-align: right"><small>Read the full article: <a href='https://www.foxtons.co.uk/discover/2022/09/leasehold-vs-freehold-the-differences-and-what-to-consider' target='_blank'>Leasehold, freehold and commonhold</a></small></p>





<a id="who-manages"></a><h3>Who manages my leasehold property?</h3>

<p>Management can vary. Sometimes the freeholder handles things directly, other times they use a managing agent, and the council act as managing agent for some buildings. You can track down the details through:
<p style="margin-left: 25px"> &#x2022 Your original management pack
<p style="margin-left: 25px"> &#x2022 Your lease document
<p style="margin-left: 25px"> &#x2022 HM Land Registry website
<p style="margin-left: 25px"> &#x2022 The bill for your service charge

<a id="request-pack"></a><h3>How do I request a Management Pack?</h3>
<p>Your solicitor will request the management pack. Pro tip: the earlier you start, the smoother the process.

<a id="when"></a><h3>When do I need to get the Management Pack?</h3> 
<p>The earlier you get the management pack in motion, the better. These packs can take time to compile, and the last thing you want is paperwork slowing down your property sale.

<p>Our top tip? Hire your solicitor and start gathering your documents while we're conducting viewings and finding your buyer. Our Conveyan panel solicitors work on a no sale, no legal fee basis, making it a risk-free move to get ahead.

<P>You accept an offer, and your solicitor sends over the contract that same day. Conveyan provides a Sale-Ready Pack that can ensure you're fully prepared, cutting through delays and getting you moving faster. It makes the most complex stage of selling property so much simpler – you’ll thank yourself later.
Explore Conveyan


<a id="cost"></a><h3>How much does a management pack cost? Who pays it?</h3>
<p style="margin-left: 25px"> &#x2022 Cost: £200 to £500 
<p style="margin-left: 25px"> &#x2022 Paid by: The seller (that's you) 
<p style="margin-left: 25px"> &#x2022 Best practice: Pay quickly to avoid delays

<a id="timeline"></a><h3>How long does it take to get a leasehold management pack?</h3> 
<p>Typical turnaround is up to six weeks, depending on the management company's organisation and workload. This is why we recommend:
<p style="margin-left: 25px"> &#x2022 Hiring a solicitor early
<p style="margin-left: 25px"> &#x2022 Starting paperwork during property viewings
<p style="margin-left: 25px"> &#x2022 Preparing your Sale-Ready Pack in advance


<a id="expiration"></a><h3>When does a management pack expire?</h3> 
<p>Management packs typically expire after six months. After this point, the information will need to be updated.


<a id="what-to-do"></a><h3>What do you do with the management pack?</h3> 
<p>It’s your solicitor who deals with your management pack, so it’s a good idea to keep your solicitor in the loop on any communications you have with the managing agent or freeholder.


<a id="legal-requirement"></a><h3>Is the management pack a legal requirement?</h3>  
<p>While not technically mandatory, the information is crucial for due diligence and compliance. Buyers and their solicitors won't likely proceed without it.


<a id="buyer-request"></a><h3>Can your buyer request the management pack themselves?</h3>  
<p>No. Only you or your solicitor can receive the management pack from the freeholder or managing agent.


<h3>What is in a management pack?</h3>  
<p>Your pack will be specific to your property includes crucial details like:
<p style="margin-left: 25px"> &#x2022 Management contact information
<p style="margin-left: 25px"> &#x2022 Service charge forecasts and accounts
<p style="margin-left: 25px"> &#x2022 Ground rent
<p style="margin-left: 25px"> &#x2022 Building insurance
<p style="margin-left: 25px"> &#x2022 Fire risk and asbestos reports
<p style="margin-left: 25px"> &#x2022 Planned maintenance works
<p style="margin-left: 25px"> &#x2022 Relevant certifications
 

<figure>
<a href='https://www.foxtons.co.uk/valuations' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/04/sell-a-leasehold-property/720.jpg' alt='Sell a leasehold property'></a>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>


<h3>Choose Foxtons to sell your leasehold property</h3> 
<p>As London’s number 1 estate agency brand,<small><sup>1</sup></small> we sell a lot of leasehold properties, so our teams know exactly how to navigate any complexities. Honestly, go ahead and ask them anything! 
<p>If you have a leasehold to sell, start with a valuation by one of our experienced Valuers. They will walk you through the process, answer any questions and make you a custom strategy for selling your property in today’s market: 

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<a href="https://www.foxtons.co.uk/valuations" class="cta-button cta-button-primary">Book a valuation</a></center>
<small><p><sup><small>1</small></sup> Source: TwentyCI data, 2023 v 2022 market share and market share growth of new instructions at a brand level.</small>


<h5>More insight for leaseholders:</h5>
<p style="margin-left: 25px"> &#x2022 <a href='https://www.foxtons.co.uk/' target='_blank'>What the government ban on leaseholds could mean for you</a> 
<p style="margin-left: 25px"> &#x2022 <a href='https://www.foxtons.co.uk/' target='_blank'>Top tips: juggling your house sale and onward move</a>
<p style="margin-left: 25px"> &#x2022 <a href='https://www.foxtons.co.uk/' target='_blank'>‘Wash up’ round up: Leasehold Reform</a> 
<p style="margin-left: 25px"> &#x2022 <a href='https://www.foxtons.co.uk/' target='_blank'>Is now the time? Expert insight on housing affordability in 2025</a>

<br><hr><br>
<div style="background: #00000; 
            padding: 10px; 
            border: 3px solid #017163; 
            margin-left: 20px; 
            margin-right: 20px;">
   <p><p><b>Source:</b> This article was reviewed by Foxtons Sales department and Conveyan – both departments have a long history of getting it done for London’s leasehold property owners. Book a valuation and we can get it done for you too. If you have questions on this article, <a href='mailto:experts@foxtons.co.uk?subject=Management%20Pack%20Article' target='_blank'>ask a Foxtons expert</a>.  </div>

property-listings-website

<h2 class='intro_basic'>Noticed our new look? The brand-new Foxtons.co.uk website has just launched – and it's much more than a fresh coat of digital paint. While we already have the UK's most visited estate agency website,<sup>1</sup> we know there’s always more we can do for our customers. That's why we've completely redesigned your Foxtons.co.uk experience.</h2>
<p><small><sup>1</sup> Source: Similar Web data, most visited estate agency brand website in the UK, December 2024-March 2025.
</small>

<div id='news_list_holder'><div class='news_list' style='margin:5px 75px'>

<div class="news_list_item">
<a href="https://www.foxtons.co.uk/" target="_blank"><img src="https://page-assets.foxtons.co.uk/news-images/2025/03/estate-agency-website/720.jpg" class="rsImg" data-rsTmb="" data-rsw="707" data-rsh="397" alt="" /></a>
<div>
<center><h3><b>Refined. Redesigned. Ready for you.</b></h3>
<p>
Our new website delivers on what matters: finding your new home sooner, selling with confidence and letting with ease.

<p><b>The London market moves fast. 
<br>With Foxtons.co.uk, you'll move faster.</b>
</p></center></div>
</div>

</div></div>

<h3>All part of the service</h3>
<p>We know property transactions can feel overwhelming. After all, it is one of the biggest transactions you'll make in your life. That's precisely why we've invested in this total website redesign – to make your property journey simpler, smoother and more intuitive at every step.

<h3>New high-spec features</h3>
<p>Our website redesign includes: 
<p style = "margin-left: 25px">• <b>Enhanced property searching</b> to help you find your perfect match faster.
<p style = "margin-left: 25px">• <b>Streamlined navigation</b> to guide you effortlessly through every stage. 
<p style = "margin-left: 25px">• <b>New, improved content</b> to support your journey in London property. 
<p style = "margin-left: 25px">• <b>Intuitive functionality</b> to anticipate your questions and needs. 

<h3>That's phase one done</h3>
<p>This is only the first phase of our digital transformation. We've got an exciting roadmap of additional features, content and enhancements already in development. But that's the Foxtons way – we know that your needs are constantly evolving, so we'll never stop improving. 


<figure>
<a href='https://www.foxtons.co.uk' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/03/property-listings-website/720.jpg' alt=''></a>
<figcaption><a href='https://unsplash.com/photos/woman-using-smartphone-0wyy5mAj1-o' target='_blank'>Photo</a> by <a href='https://unsplash.com/@belart84' target='_blank'>Artem Beliaikin</a> | <a href='https://unsplash.com/license' target='_blank'>Unsplash</a></figcaption>
</figure>


<h3>Your personal hub</h3>
<p>The <a href='https://www.foxtons.co.uk/' target='_blank'>My Foxtons portal</a>, where you’ll find your account with us, has a fresh new look too: 
<p style = "margin-left: 25px">• <b>Marketing progress</b> showing exactly what we’re doing to achieve your property goals, so you can easily follow along.
<p style = "margin-left: 25px">• <b>Clear task management</b> so you never have to wonder if there’s something you’ve missed or forgotten.
<p style = "margin-left: 25px">• <b>Organised document library</b> making it easy to store and find your important documents.
<p style = "margin-left: 25px">• <b>Improved financial tracking</b> allowing our landlords to generate statements much more easily.

<center>
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  .cta-button {
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<a href="https://www.foxtons.co.uk/myfoxtons" class="cta-button cta-button-primary">Explore My Foxtons</a>

</center>




<h3>Introducing the architects</h3>
<P>This website has been built both through our partnership with global tech leaders and thousands of hours of dedication from our in-house digital specialists. Our teams of IT Technicians, Web Developers and Performance Marketers have pooled their collective decades of property technology expertise with one goal: making your experience in the property market the best it can be.
<p>And we're not stopping here. These same dedicated teams will continue refining and enhancing your experience as we roll out this new website, swiftly resolving any teething issues along the way. Beyond the launch, they will work to ensure the site constantly evolves to meet your changing needs.

<p>Start your journey with Foxtons.co.uk:  


<center>
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  .cta-button {
    display: inline-block;
    padding: 10px 20px;
    margin: 10px 5px;
    font-size: 16px;
    font-weight: bold;
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    border-radius: 4px;
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<a href="https://www.foxtons.co.uk/valuations" class="cta-button cta-button-primary">Book a valuation</a><br>

<a href="https://www.foxtons.co.uk/properties-for-sale/south-east-england" class="cta-button cta-button-secondary">
  
Property for sale</a>

<a href="https://www.foxtons.co.uk/properties-to-rent/south-east-england" class="cta-button cta-button-secondary">
  
Property to rent</a>
</center>


<br><hr><br>
<div style="background: #00000; 
            padding: 10px; 
            border: 3px solid #017163; 
            margin-left: 20px; 
            margin-right: 20px;">
   <p><p><b>Source:</b> This article has been produced by the Foxtons in-house marketing team in coordination with the specialist teams who have delivered the new Foxtons website and My Foxtons portal for you. If you have any questions, please let us know at [Could put our experts email address or contact form: https://www.foxtons.co.uk/contact/form] </div>



properties-near-london-parks

<h2 class='intro_basic'>As we head into spring and Londoners flock to parks across the city, we're looking at what park-side living means for property buyers and sellers.</h2>

<p>The sunshine has transformed London today. Whether you're enjoying lunch on a local Common or drinks at a riverside pub, days like this showcase why homes near parks command such premium prices. 

<p>Is it worth booking a viewing? Getting your park-adjacent home valued? Here’s what our experts have to say…



<figure>
<img src='https://page-assets.foxtons.co.uk/news-images/2025/03/new-build-development-park/720.jpg' alt='home by a park'>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>


<h3>Expert insight: the park premium </h3>
<p>For this, we look to a local expert. William Cooke, Operations Director – Sales in Foxtons Battersea office, shares his experience with property near Battersea Park:

<p style="margin-left: 25px">"Living near London's parks commands significant price premiums, we even shared some research showing properties adjacent to premier parks priced 53% higher than the broader market. Battersea Park boasts the second-highest premium in the capital, with homes across SW11, SW3, and SW8 averaging £927,098—50% higher than wider Wandsworth.<sup>1</sup>

<p style="margin-left: 25px">I can tell you from experience that homes near Battersea Park are remarkably sought-after. They rarely linger on the market – we often have multiple viewings scheduled within days of listing, and competitive offers follow quickly.

<p style="margin-left: 25px">As a seller, this means you can expect strong interest and potentially favourable selling conditions. We're constantly on the lookout for new properties in this area to meet the persistent demand from our qualified buyers.

<p style="margin-left: 25px">For buyers, these spring days truly showcase what makes Battersea special - families enjoying picnics by the lake, joggers on tree-lined paths, and residents savouring the peaceful green space in urban London. When you purchase here, you're not just buying a home but investing in a lifestyle and a historically resilient asset.” 

<p><small><sup>1</sup> Source: Foxtons research - available in <a href='https://propertyindustryeye.com/london-parks-push-up-house-prices-by-over-50' target='_blank'>Property Industry Eye</a></small>

<h3>The green city</h3>
<p>With nearly 3,000 parks across London (<a href='https://www.london.gov.uk/programmes-strategies/environment-and-climate-change/parks-green-spaces-and-biodiversity/parks-and-green-spaces#:~:text=London%20is%20a%20surprisingly%20green,reservoirs%2C%20and%20riversides%20to%20explore.' target='_blank'>source</a>), this 'park premium' extends well beyond Battersea. From the vast expanses of Richmond Park to the manicured gardens of Regent's Park and the community feel of all our amazing local Commons, proximity to green space consistently boosts property values.

<p>At Foxtons, our local experts can provide tailored insights for your specific area – whether you're selling near Greenwich Park, buying close to Hampstead Heath, or exploring options around Victoria Park. We understand the nuances of each local market and can help you maximize your property's park proximity value or find the perfect green space home that meets your lifestyle needs.

<figure>
<a href='https://www.foxtons.co.uk' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/03/central-london-park-home/720.jpg' alt='London roof terrace property'></a>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>


<h3>The sunnier side of London living</h3>
<p>Searching for that perfect south-facing garden flat? Wondering what your Holland Park property is worth in today's market? With spring arriving, it's the ideal time to explore London homes, and our local expertise can help you spring into action:

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<a href="https://www.foxtons.co.uk/valuations" class="cta-button cta-button-primary">Book a valuation</a>

<a href="https://www.foxtons.co.uk/properties-for-sale/south-east-england" class="cta-button cta-button-secondary">
  
Browse homes on the market</a>

</center>


<br><hr><br>
<div style="background: #00000; 
            padding: 10px; 
            border: 3px solid #017163; 
            margin-left: 20px; 
            margin-right: 20px;">
   <p><p><b>Source:</b> This article uses local knowledge from one of our Operations Directors, as well as Foxtons own data on <a href='https://propertyindustryeye.com/london-parks-push-up-house-prices-by-over-50/' target='_blank'>property premiums around parks</a>. With it, we aim to give a snapshot of the opportunities around the kinds of homes we’re all dreaming of on these lovely, sunny days. If you have any questions on the article, <a href='mailto:experts@foxtons.co.uk?subject=London%20Parks%20Article' target='_blank'>ask a Foxtons expert</a>.</div>



property-adverts

<h2 class='intro_basic'>April will bring some new rules around property listings. There isn't anything major changing, but your property advert might need to contain a little more information going forwards. In the article below, Foxtons Director of Legal & Compliance, Manjit Kataora will walk you through it. </h2>


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<div class="takeaways-container">
  <h5><big>Key Takeaways</big></h5>
  <p class="takeaways-subtitle">Click a number to jump to that topic in the article.</p>
  
  <ul class="takeaways-list">
    <li class="takeaway-item">
      <a href="#section1" class="jump-link"><span class="takeaway-item-number">1</span></a>
      <span class="takeaway-item-highlight">New law, similar rules.</span>
      <span class="takeaway-item-content"> The Consumer Protection regulations are changing in April, but the basic requirements for a property listing remain largely the same.</span>
    </li>
    
    <li class="takeaway-item">
      <a href="#section2" class="jump-link"><span class="takeaway-item-number">2</span></a>
      <span class="takeaway-item-highlight">Complete transparency matters.</span>
      <span class="takeaway-item-content"> Listings must include all material information that could affect a buyer's decision, with even innocent omissions potentially breaching regulations.</span>
    </li>
    
    <li class="takeaway-item">
      <a href="#section3" class="jump-link"><span class="takeaway-item-number">3</span></a>
      <span class="takeaway-item-highlight">Legal details now upfront.</span>
      <span class="takeaway-item-content"> Information traditionally handled during conveyancing (like restrictive covenants) must now be included in the initial listing.</span>
    </li>
    
    <li class="takeaway-item">
      <a href="#section4" class="jump-link"><span class="takeaway-item-number">4</span></a>
      <span class="takeaway-item-highlight">Smoother transactions.</span>
      <span class="takeaway-item-content"> These changes are designed to make buying and selling more transparent, though solicitors will still conduct their own due diligence.</span>
    </li>
    
    <li class="takeaway-item">
      <a href="#section5" class="jump-link"><span class="takeaway-item-number">5</span></a>
      <span class="takeaway-item-highlight">We handle the complexity.</span>
      <span class="takeaway-item-content">Our agency will manage the technical legal requirements on your behalf, ensuring your listing complies.</span>
    </li>
  </ul>
</div>

</body>
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<a id="section1"></a>
<p>The law in relation to material information and misdescription is currently contained in the Consumer Protection from Unfair Trading Regulations 2008 (CPRs). However, in April this year, these are set to be revoked and replaced with Part 4 of the Digital Markets, Competition and Consumers Act 2024.

<a id="section2"></a>
<p>The CPRs have long regulated property listings and descriptions. They include omissions and misstatements that adversely affect the ‘transactional decision’ of the average consumer. A breach of the CPRs is what is known as a ‘strict liability’ offence. This is a special type of liability whereby an offence is committed regardless of whether the agent intended to commit one or not. What this means is that innocent mistakes are punishable in the same way as intentional or reckless ones.

<p>There is not a huge amount of difference between the new requirements and the existing CPRs. Fundamentally, the law will still prohibit what it terms ‘unfair commercial practices’. However, read literally at least, the new act carries a broader definition of this term in so far as this will now include omitting material information from an invitation to purchase.

<a id="section3"></a>
<p>This doesn’t seem that significant until one considers that the meaning of invitation to purchase generally means an advert selling (and describing) something. A property listing, for example, is an invitation to purchase. This new element then means that anything that contravenes the requirements of due diligence or leaves out material information from the advert could be upheld as an unfair commercial practice. Put simply, things still have to be described very accurately and fully.

<p>In November 2023, National Trading Standards published updated guidance on material information requirements for sales and lettings. The requirements contain in-depth and technical information about elements of a property that, in fact, few owners or leaseholders could necessarily be expected to know. For example, details about restrictive covenants or easements over the property. 

<p>Traditionally, these have been matters of title that are explored and clarified during the conveyancing stage of a property transaction by the purchaser’s solicitor. They are not matters that can readily be understood by the average lay vendor. This makes them difficult to accurately describe and insert into a property advertisement by agents who are not legally qualified, which creates a greater risk of misdescription.

<p>At the heart of all this is the theory that providing more detailed information within the property listing will make the process of buying and selling an easier and more transparent process for both sides. In one sense that is true: information a buyer can see early on is clearly a good idea.

<p>On the flip side, however, is that the information is legalistic (therefore difficult to understand) and descriptive. A buyer’s solicitor is unlikely to advise their client to rely on such information (generated as is by the vendor) and will instead likely commission their own searches on which they can more comfortably advise their client as to whether to proceed or not with the transaction.

<p>The proptech market has been quick to move into this area. Several companies now exist who can – impressively – collect this information for agents and load it into listings. Even so, not all the information can be collected because some things are known only to a vendor (or landlord).

<a id="section4"></a>
<p>And if the purpose of the whole process is to speed things up, can it really be said this will be achieved if naturally circumspect purchasers, owed no duty of care by the vendors or their agents, are best advised to run their usual searches (at cost) anyway?

<p>At best, there’s likely to be a duplication of information. Buyers will likely still engage their own solicitors to advise them about the property and be naturally reticent to rely on information provided by a vendor or the vendor’s agent.

<p>The guidance is just that: guidance. And the new law arguably doesn’t change that much when you consider that the CPRs apply to property listings. So the changes may mean relatively little right now, but it remains to be seen how they will be interpreted by the courts, who are the ultimate arbiters in cases of dispute.

<a id="section5"></a>
<hr>
<h3>Your listing, sorted.</h3>
<p>When it comes time to set up a new property advert, our experienced Lettings team will ensure you've got everything correct and compliant from the start. Get started with a rental valuation. Or, if you want help with an existing tenancy, look into Foxtons Property Management.
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<a href="https://www.foxtons.co.uk/landlord/property-management" class="cta-button cta-button-secondary">Explore Property Management</a>

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<br><hr><br>
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   <p><p><b>Source:</b>  This piece was authored by Foxtons Director – Legal & Compliance, Manjit Kataora, who has been working with Foxtons on the intricacies of legislation affecting London landlords for more than 16 years. If you have a question on letting your property in London, <a href='mailto:experts@foxtons.co.uk?subject=Property%20Listing%20Descriptions%20Article' target='_blank'>ask a Foxtons expert</a></div>


march-2025-rental-market

<h2 class='intro_basic'>It's a whole new rental landscape, demanding a fresh approach as tenant behaviours and lettings regulations change. Our latest <a href='https://www.foxtons.co.uk/reports/lettings-report/lettings-market-report-february-2025' target='_blank'>Lettings Market Report</a>, analysing February's figures and looking forwards to the spring season, may help you maintain your competitive edge in London's increasingly complex lettings market.</h2>

<div style="background: #0000; 
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   <p style="margin-left: 25px; margin-right: 25px;"><i>"The Renters' Rights Bill will introduce the Decent Homes Standard to private rentals. We’re waiting on details, but it will likely mirror social housing requirements for ‘reasonably modern facilities’ and ‘thermal comfort.’ Combined with the new landlord ombudsman, this will impact the time you spend on property management...”</i>

<p style="text-align: right">Fran Giltinan<br><small><b>Managing Director - Property Management & Customer Experience</small></b></p>

<center><p style="background-color: #cce3e0;"><a href='https://www.foxtons.co.uk/reports/lettings-report/lettings-market-report-february-2025' target='_blank'>Read the full quote in the <b>Lettings Market Report - February 2025</b></a></big></center>
</div> 

<h3>&#x1f4c8; Key numbers from the report</h3>
<p style="margin-left: 25px">• Applicant demand has remained within 3% of February 2024 levels.
<p style="margin-left: 25px">• Market activity remains strong, with new listings just 2% below last year’s high levels.
<p style="margin-left: 25px">• The average rent now stands at £557 per week, slightly higher than in 2024.

<h3>&#x1f3ac; Watch: Insight on the current London market</h3>
<p>Our Managing Director of Lettings, Gareth Atkins, breaks down what's happening in London's rental market right now and what properties are winning with today's choosier tenants:
<center><div style="padding:100.78% 0 0 0;position:relative;"><iframe src="https://player.vimeo.com/video/1064696459?h=6a319f5309&amp;badge=0&amp;autopause=0&amp;player_id=0&amp;app_id=58479" frameborder="0" allow="autoplay; fullscreen; picture-in-picture; clipboard-write" style="position:absolute;top:0;left:0;width:100%;height:100%;" title="Lettings Market Report - Expert Market Insight - March 2025"></iframe></div><script src=https://player.vimeo.com/api/player.js></script></center>

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</a>
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<center><p style="background-color: #cce3e0;"><a href='https://www.foxtons.co.uk/reports/lettings-report/lettings-market-report-february-2025' target='_blank'>Read our latest <b>Lettings Market Report - February 2025</b></a></big></center>
</div> 

<br><br>
<h5>More articles for London landlords:</h5> 

<p style="margin-left: 25px">• <a href='https://www.foxtons.co.uk/discover/2024/03/how-to-grow-your-portfolio-so-it-flourishes-in-the-lettings-rush' target='_blank'>How to grow your portfolio so it flourishes in the lettings rush</a>
<p style="margin-left: 25px">• <a href='https://www.foxtons.co.uk/discover/2025/02/sanction-changes-coming-to-the-lettings-market-in-may' target='_blank'>Sanction changes coming to the Lettings Market in May</a>

<p style="margin-left: 25px">• <a href='https://www.foxtons.co.uk/discover/2025/01/new-year-new-hires-the-best-time-for-landlords-to-embrace-corporate-housing' target='_blank'>Top tips for letting your property to corporate tenants</a>

<p style="margin-left: 25px">• <a href='https://www.foxtons.co.uk/discover/2024/05/landlord-responsibilities-what-repairs-are-landlords-responsible-for' target='_blank'>What repairs are landlords responsible for</a>



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<button class="accordion">Video Transcript</button>
<div class="panel">
  <p>GA: "Whilst demand and supply closely resemble last year’s figures, as we predicted, today's landscape stands worlds apart from 2023's frenzied market. Gone are the days when tenants made snap decisions to beat out the competition. The 2025 tenant is discerning, exploring multiple options and neighbourhoods before committing. Especially when the Renters' Rights legislation comes into effect, well-priced, high-quality properties will win the day. Savvy landlords are already adapting their strategies – refreshing properties, reviewing pricing models and calling in experienced agents to stay competitive in this evolved marketplace."
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 <small>  <p><p><b>Source:</b> 
<p style="margin-left: 25px">•	<b>Market data</b>: Foxtons Business Analytics produces our monthly Lettings Market Report, leveraging cutting-edge technology and our exclusive database, one of the largest for London's property market, to provide unparalleled insights for our landlords each month.
<p style="margin-left: 25px">•	<b>Expert insight</b>: To provide you with the most value, this article features our leading lettings experts. Our team's hands-on experience comes from many years in the industry with London's leading lettings agency, so you can rely on our practical, market-tested insight. 
<p>This blend of data-driven analysis and expert commentary offers a comprehensive view of the market, helping landlords navigate any market conditions with confidence. For any questions on the report or insight, <a href='mailto:experts@foxtons.co.uk?subject=March%20Lettings%20Market%20Report%20Article' target='_blank'>ask a Foxtons expert</a>.</small>
 </div>

types-of-property-surveys

<h2 class='intro_basic'>You've got questions about property surveys, and you need straight answers. We've gathered the most common questions our buyers ask and worked with the experts at Arnold & Baldwin chartered surveyors to get you clear, helpful answers. Let's dive in.</h2>

<h3>Do I actually need a survey? </h3>
<p>Let's clear something up straight away - you aren’t legally required to have a survey when buying a property in England. It's entirely your choice. If you are mortgaging the property, the bank will have done their own valuation, which sometimes includes a property visit – but this is not at all the same thing as a survey. 
<p>If you plan to book a survey so you can proceed in buying your home with confidence, just let us know early on. This helps keep things moving smoothly once you've had your offer accepted.



<figure>
<a href='https://www.foxtons.co.uk' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/02/home-survey/720.jpg' alt='House survey'></a>
<figcaption>Photo by Foxtons Specialist Video & Photography team</figcaption>
</figure>

<h3>House survey vs mortgage survey: What's the difference?</h3>
<p>These terms both come up in a property purchase, so it can be a bit confusing. Here's the simple version:
<p style="margin-left: 25px">• <b>House survey</b>: This is the survey you arrange, <b>for your benefit.</b> The surveyor will inspect the property and tell you what shape it's in before you buy it. Like an MOT on a car, they will provide you with advice on future maintenance and help you understand how to make changes. 
<p style="margin-left: 25px">•	<b>Mortgage survey</b>: This is not a survey. It is a valuation <b>for the benefit of the bank or building society</b> (whoever is lending on your mortgage) to assess what the property is worth and whether they want to lend on it. The lender will arrange an in-person visit if needed. 


<figure>
<a href='https://www.foxtons.co.uk' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/02/chartered-surveyors/720.jpg' alt='Chartered surveyors'></a>
<figcaption>Photo by <a href='https://www.freepik.com/author/bestyy38105321' target='_blank'>Bestyy</a> | Freepik </figcaption>
</figure>

<h3>What are the different types of surveys?</h3>

<blockquote class='pullquote_right'>
<p><small>See Arnold & Baldwin’s handy flowchart: <a href='https://www.foxtons.co.uk/i/arnold-and-baldwin/rics_survey.pdf' target='_blank'>Which building survey is right for me?</a></p></small>
</blockquote>

<p><a href='https://www.arnoldandbaldwin.co.uk/' target='_blank'>Arnold & Baldwin</a>, the chartered surveyors we frequently recommend, can tell you that. ‘What type of survey do I need when buying a house?’ is a question they hear all the time. In the chart below, they’ll explain what the different surveys are, which you should be using and how much a survey costs in 2025. 


<div class='clearfix'></div>

<div style="overflow-x: auto;">
    <table style="width: 100%; border-collapse: collapse; margin: 20px 0;">
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        <tr style="background-color: #017163; color: white;">
          <th style="padding: 12px; border: 1px solid #ddd; text-align: left;">Survey type</th>
<th style="padding: 12px; border: 1px solid #ddd; text-align: left;">Also called</th>
          <th style="padding: 12px; border: 1px solid #ddd; text-align: left;">Best for</th>
          <th style="padding: 12px; border: 1px solid #ddd; text-align: left;">What you get</th>
          <th style="padding: 12px; border: 1px solid #ddd; text-align: right;">Cost guide</th>
          <th style="padding: 12px; border: 1px solid #ddd; text-align: right;">Timeframe</th>
        </tr>
      </thead>
      <tbody>
      
        <tr>
          <td style="padding: 12px; border: 1px solid #ddd;">RICS Condition Report</td>
<td style="padding: 12px; border: 1px solid #ddd;">RICS Home Survey Level 1</td>
          <td style="padding: 12px; border: 1px solid #ddd;">New-ish homes in good nick</td>
          <td style="padding: 12px; border: 1px solid #ddd;">Any visible defects and urgent issues.
<br>A summary for your legal advisors raising any issues noted on site, as your lawyer likely won't visit the property.
</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">£300-£900</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">~1 week, 1-2 hours at the property</td>
        </tr>
        <tr style="background-color: #e6f1ef;">
    <td style="padding: 12px; border: 1px solid #ddd;">RICS Homebuyer Report</td>      
    <td style="padding: 12px; border: 1px solid #ddd;">RICS Home Survey Level 2 – RPSA Home Condition Survey</td>

          <td style="padding: 12px; border: 1px solid #ddd;">Most regular homes</td>
          <td style="padding: 12px; border: 1px solid #ddd;">A detailed inspection covering all aspects, including a helpful list of works required to submit to tradespeople and a summary for your legal advisors.</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">£400-£1,000</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">~1 week, 3-5 hours at the property</td>
        </tr>
        <tr>
<td style="padding: 12px; border: 1px solid #ddd;">RICS Building Survey</td>          
<td style="padding: 12px; border: 1px solid #ddd;">RICS Home Survey Level 3  - RPSA Building Survey - Full Structural Survey</td>
          <td style="padding: 12px; border: 1px solid #ddd;">Older or unique property designs, poor conditions</td>
          <td style="padding: 12px; border: 1px solid #ddd;">The full works - every nook and cranny inspected to record the construction and any defects.</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">£600-£1,500</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">~2 weeks, 6-8 hours at the property</td>
        </tr>
        <tr style="background-color: #e6f1ef;">
          <td style="padding: 12px; border: 1px solid #ddd;">Specialist Survey</td>
 <td style="padding: 12px; border: 1px solid #ddd;"></td>
          <td style="padding: 12px; border: 1px solid #ddd;">Specific concerns (damp, timber, roofing etc.)</td>
          <td style="padding: 12px; border: 1px solid #ddd;">Typically happens if a survey reveals a need for further inspection</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">£150-£1,000 
(varies depending on survey requirements)
</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">Varies</td>
        </tr>
        <tr>
          <td style="padding: 12px; border: 1px solid #ddd;">Snagging Survey</td>
          <td style="padding: 12px; border: 1px solid #ddd;"></td>
          <td style="padding: 12px; border: 1px solid #ddd;">Completed or nearly completed new-build home</td>
          <td style="padding: 12px; border: 1px solid #ddd;">Check everything's finished correctly and provide a photographic list of items for the developer to finalise</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">£300-£1,000</td>
          <td style="padding: 12px; border: 1px solid #ddd; text-align: right;">~1 week, 2-6 hours at the property</td>
        </tr>
      </tbody>
    </table>
  </div>

<h3>Most People Go For: RICS Homebuyer Report</h3>
<p>The Homebuyer Report is the most popular choice, and for good reason. It gives you a really good look at what you're buying without breaking the bank. The surveyor will look at the following, flag any urgent issues and help you tell a tradesperson what needs quoting on:  
<p style="margin-left: 25px">•	The property’s history and location
<p style="margin-left: 25px">•	Damp-proofing – this is where the moisture meter comes in
<p style="margin-left: 25px">•	Drainage – just the visual bits
<p style="margin-left: 25px">•	•	Main walls, roof, chimneys, windows, doors (everything which is visible) 
<p style="margin-left: 25px">•	Utilities inspection
<p style="margin-left: 25px">•	Fences, walls and boundaries
<p>Just so you know - they won’t pull up carpets and floorboards, or move items of furniture around. That's Level 3 territory.


<figure>
<a href='https://www.foxtons.co.uk' target='_blank'><img src='https://page-assets.foxtons.co.uk/news-images/2025/02/book-a-survey/720.jpg' alt='Book a survey'></a>
<figcaption>Photo by <a href='https://www.freepik.com/author/senivpetro' target='_blank'>Senivpetro</a> | Freepik </figcaption>
</figure>


<h3>When should I book a survey?</h3>
<p>Honestly, as soon as you can. Pop it into your offer as a condition so the seller can review your complete offer against their timeline. If your offer is accepted, get your survey booked in right away. <p>Surveys can take a few weeks to complete, depending on which type you go for and how busy your surveyor is. Remember - keeping things moving is absolutely crucial to a smooth purchase.

<h3>What if the survey finds problems?</h3>
<p>Here's the thing: almost every survey conducted by a qualified surveyor whose good at their job is going to find something. Houses are a bit like people - they all have their quirks and none of them are perfect. So, if your survey does flag up issues, don't worry. 
<p>There are usually three ways forward: 
<p style="margin-left: 25px">1. Ask the seller to fix things before you buy.
<p style="margin-left: 25px">2. Negotiate the price to cover the cost of repairs.
<p style="margin-left: 25px">3. Accept the issues to keep your timeline, and plan to sort them yourself.

<p>Whatever comes up, we'll be here to help you work through it. We've seen it all before, and we're excellent at finding solutions that work for everyone. That’s how <b>we get it done</b>. 

<h3>Let’s get started</h3>
<p>If you want to book a survey, we recommend Arnold & Baldwin. If you're ready to put in your offer, hop onto your My Foxtons account. 


<center>
<style>
  .cta-button {
    display: inline-block;
    padding: 10px 20px;
    margin: 10px 5px;
    font-size: 16px;
    font-weight: bold;
    text-align: center;
    text-decoration: none;
    border-radius: 4px;
    transition: background-color 0.3s ease;
  }
  .cta-button-primary {
    background-color: #fff000;
    color: #017163;
    border: 5px solid #FFF000;
  }
  .cta-button-primary:hover {
    background-color: #FFF999;
  }
  .cta-button-secondary {
    background-color: white;
    color: #532D6D;
    border: 2px solid #532D6D;
  }
  .cta-button-secondary:hover {
    background-color: #CBC0D3;
  }
  .cta-button-icon {
    display: inline-block;
    width: 16px;
    height: 16px;
    margin-right: 8px;
    vertical-align: middle;
  }
</style>

<a href="https://www.foxtons.co.uk/myfoxtons" class="cta-button cta-button-primary">Login to My Foxtons</a>
<a href="https://www.arnoldandbaldwin.co.uk/" class="cta-button cta-button-secondary">Book a survey</a>

</center>

<br><hr><br>
<div style="background: #00000; 
            padding: 10px; 
            border: 3px solid #017163; 
            margin-left: 20px; 
            margin-right: 20px;">
   <p><p><b>Source:</b> This article has been reviewed and edited by <a href='https://www.arnoldandbaldwin.co.uk/' target='_blank'>Arnold & Baldwin</a> property surveyors, who regularly provide expert insight for our buyers and vendors. Arnold & Baldwin are regulated by the Royal Institution of Chartered Surveyors (RICS), and we cannot influence their surveys. They give the honest third-party information that you can use to make decisions, avoid surprises and have confidence in your offer or asking price. </div>



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# Property trends and Insight

We help our landlords stay on top of all the latest regulations.

Property trends and Insight

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How to sell your home fast this spring

Landlords, have you renewed your EICR yet?

More choices for renters this spring: Tips to ensure your property shines

Discover your perfect East London apartment this long weekend

The rise of low-deposit mortgages: opportunities at 17-year high

The London guide to the Oxford-Cambridge Boat Race 2025

How to handle the management pack when selling a leasehold property

Welcome to our newly redesigned digital home: Foxtons.co.uk

The 'park premium' explained: buying and selling around London's green spaces

New in April: law changes to the description of your property

Competition in the spring rental market: essential strategies for landlords

‘Which property survey is right for me?’ Here’s what Chartered Surveyors say