May Market Update

It’s the May Market Update 

It’s everyone’s favourite time of the month… we’re back with your latest market update! 

From the rental market to cladding updates, ground rent and the one thing that’s everyone’s talking about – house prices – the guys have got plenty to cover. You won’t want to miss this one! 

All the links you need are just below: 

House Prices 

• Will house prices crash in 2026? This surprisingly reliable cycle theory suggests so 
• House prices could fall by 5% over next 2 years 
• House price growth slows as cost of living crisis starts to hits the market 
• TPP475: 18-year property cycle: When will the market crash? 

 London Prices  

• London house prices rise at fastest rate since 2016 

 Rental Market 

• Rental Reform White Paper ‘may be pushed back until October’ 
• Government considers giving more tenants the Right To Buy 
• Shelter leads opposition to new tenant Right To Buy proposal 
• Manchester braces for BTR slowdown before 2024 boom 

Cladding Issue 

• Agreement with major developers to fund building safety repairs 
• What support is available for property owners with cladding issues? 
• Many landlords still excluded from new Building Safety Law 

Ground Rent 

• Ground rent charges to be banned on new residential leases 
• Date revealed for ban on charging ground rent on new leases 

 Other News 

• Crypto Mortgages Let Homebuyers Keep Bitcoin, Put Down Nothing 
• Canada to Ban Foreigners From Buying Homes as Prices Soar 

Hub Extra 

We love a good property game and we’ve got a cracking one for you this week! 

Now we may be a little biased as this was made by the incredible Property Hub team, but if you’re looking to put your knowledge to the test the boom phase simulator is a complete game changer! 

Run through the different scenarios, make decisions and try to outsmart a property crash. 

Let’s get social 

We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future – if so, pop us a message on social and we’ll see what we can do. 

Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week!  

If that wasn’t enough, you can also join our friendly property community on the Property Hub forum. 

And if you’d like to find out more information about Portfolio you can do that here.