Latest news & updates

Darren Bennett Darren Bennett

MARCH 2025 | PROPERTY MARKET REVIEW

Despite the imminence of a rise in Stamp Duty, March was another busy month for the sales market. Indices suggest that values have risen on both a monthly and annual basis, and growth in rental incomes has also remained impressive.

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Darren Bennett Darren Bennett

Q1 2025 REVIEW

Transaction rates were unusually high in January and February, but predictably more subdued in March. Overall, however, price growth remained positive, particularly in those regions where average prices are more in keeping with average earnings.

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Darren Bennett Darren Bennett

UK GOVERNMENT ABOLISHING LEASEHOLD

On the 3rd March 2025 the UK government announced that it is aiming to abolish the leasehold system and replace it and promote commonhold as the standard tenure for flats in England and Wales.

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Darren Bennett Darren Bennett

FEBRUARY 2025 | PROPERTY MARKET REVIEW

February was another busy month for the market. Sales have continued to exceed seasonal averages, and several indices suggest that house prices are growing at or above the rate of inflation. Rents, too, are producing real-terms growth.

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Darren Bennett Darren Bennett

JANUARY 2025 | PROPERTY MARKET REVIEW

January proved to be a busy month for the residential market. Listings and sales have both seen a sharp upturn, and capital values are also rising strongly according to

RightMove, Zoopla and others. Rental growth is still outpacing inflation in most regions, as are average yields.

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Darren Bennett Darren Bennett

TELECOM HOUSE, WV2. UNDER MANAGEMENT

Fortem Property has been appointed as block manager of Telecom House, Wolverhampton.

This block now increases our units under management by 144

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Darren Bennett Darren Bennett

Q4 2024 REVIEW

The fundamental forces that shape the UK residential property market continue to look encouraging. Demand is outstripping supply in both the house-buying and rental markets, and the affordability pressures that limited growth in 2023 and early 2024 are gradually easing

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Darren Bennett Darren Bennett

DECEMBER 2024 | PROPERTY MARKET REVIEW

In December, sales continued apace, while rental growth and yields once again exceeded the rate of inflation. There are still regional disparities, but returns in most regions have displayed real-terms growth, and the encouraging conditions look set to persist in 2025.

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Darren Bennett Darren Bennett

VACANT HOME MANAGEMENT

Due to ongoing demand we offer Vacant Home Management Services which gives you comfort that your property is always taken care of whilst vacant

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Darren Bennett Darren Bennett

NOVEMBER 2024 | PROPERTY MARKET REVIEW

In November 2024, property sales activity ramped up, rental growth and gross yields grew at inflation beating rates, and so too did capital growth in the UK’s more affordable markets.

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Darren Bennett Darren Bennett

THE AUTUMN BUDGET

On 30 October, the Chancellor, Rachel Reeves, laid out details of the UK Government’s Autumn Budget.

No one yet knows how the economy will rebalance itself, or whether the Budget will do as the Chancellor hopes and fuel a revival in the UK economy

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Darren Bennett Darren Bennett

OCTOBER 2024 | PROPERTY MARKET REVIEW

October has produced further evidence of a steadily reviving property market, with most indices showing real-terms growth in terms of capital and rental values, and in terms of gross yields. In this report, we summarise the key developments and consider how the market might be affected by the Autumn Budget.

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Darren Bennett Darren Bennett

Q3 2024 REVIEW

The market optimism that began towards the end of the first quarter of the year has continued, buoyed up by rising market activity and the first, long-awaited cut in the base rate. That has prompted an upturn in buyer enquiries, property sales and average values across nearly all parts of the UK

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Darren Bennett Darren Bennett

SEPTEMBER 2024 | PROPERTY MARKET REVIEW

Numerous sources point to a continuing improvement in market confidence. Optimism about falling mortgage costs is certainly helping to buoy the property market, as is a slow easing in cost-of-living pressures.

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Darren Bennett Darren Bennett

FORTEM PROPERTY X FLATFAIR

We're please to announce our partnership with deposit provider, flatfair. A benefit we believe to both landlords and tenants

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Darren Bennett Darren Bennett

AUGUST 2024 | PROPERTY MARKET REVIEW

There will still be challenges ahead – the Prime Minister has warned that the Autumn Budget is “going to be painful” – but there is little doubt that the underlying conditions in the property market are continuing to improve.

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Darren Bennett Darren Bennett

JULY 2024 | PROPERTY MARKET REVIEW

Regardless of one’s political leanings, the removal of any remaining uncertainty in that regard should now work in investors’ favour in the sense that market activity often tends to accelerate once an electoral result is confirmed.

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Darren Bennett Darren Bennett

Q2 2024 REVIEW

We have seen the country’s more affordable markets producing notably better results than those further south. They have delivered the strongest capital growth and some of the best gross yields

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Darren Bennett Darren Bennett

THE IMPORTANCE OF BLOCK MANAGEMENT

Block Management is about maintaining the value of a property asset through continuous monitoring and maintenance of the building. In many respects, it is about preventing avoidable problems.

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Darren Bennett Darren Bennett

JUNE 2024 | PROPERTY MARKET REVIEW

Despite the imminence of the General Election, the most important market forces and trends have remained largely unchanged. Demand still exceeds supply in both the home-buying and rental markets but with interest rates still comparatively high, affordability remains a challenge in many UK regions.

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