Flooding puts 6.3 million homes at risk
One in four properties in England are at risk of flooding, with 4.6 million homes vulnerable to surface water flooding. Climate change is expected to worsen the situation, potentially putting 8 million homes at risk by 2050. It’s essential to take steps now to protect your property, including reviewing your home insurance coverage.
News in Review
OECD projects a global slowdown, while UK retirees see relief from falling energy costs. New pension reforms aim to boost savings outcomes. Meanwhile, the upcoming Spending Review will raise NHS and defence budgets, despite tight fiscal constraints.
News in Review
The International Monetary Fund (IMF) upgraded the UK’s 2025 growth forecast, signalling recovery. The government will double large pension funds by 2030, aiming for stronger returns. Retail confidence has slumped, with falling sales and weak consumer demand challenging the sector.
Economic Review – May 2025
Our latest Economic Review looking back on May includes – UK economy grew 0.7% in Q1 2025, beating forecasts. The BoE cut interest rates despite inflation rising to 3.5%. Meanwhile, jobs data showed softening.
Residential Property Review – May 2025
UK house prices are forecast to rise by 3.5% in 2025 as rate cuts support demand. March sales surged ahead of Stamp Duty changes. Meanwhile, buy-to-let investors increasingly favour the north, drawn by lower costs and stronger rental yields.
Commercial Property Market Review – May 2025
UK commercial property is showing signs of revival. West End investments surged to £1.71bn in Q1 2025, driven by big deals. Offices and industrials lead growth across the UK, while retail remains sluggish amid economic and global uncertainties.