Author: Property118.com News Team

Survey reveals landlords’ divided views on Labour’s...

A survey has found that 43% of the UK’s landlords are optimistic that Labour’s General Election victory will benefit them. However, the survey also reveals that 34% of landlords believe the...

Industry expert urges letting agents to champion the Renters’...

Since letting agents have crucial knowledge about the private rented sector (PRS), they must push for its improvement and support the proposed Renters’ Rights Bill. That’s the view of Neil...

Homeownership dream fades as affordability crisis deepens –...

Just one in eight potential first-time buyers can afford the average property in their area, with the situation even more dire for lower earners, research reveals. The Skipton Group Home Affordability...

0:02 AM, 26th July 2024, About A day ago | 1

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London’s social landlords under fire as complaints soar...

Half of all complaints lodged with the Housing Ombudsman in the past year originated from the capital, a new report reveals. The stark figure from the Housing Ombudsman underlines a deepening crisis in...

0:01 AM, 26th July 2024, About A day ago | 4

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Landbay expands BTL range with new non-portfolio products...

Buy to let lender Landbay has unveiled a fresh suite of non-portfolio products, alongside rate cuts and new offerings. Designed for landlords owning three or fewer mortgaged properties, the new range features...

9:21 AM, 25th July 2024, About 2 days ago | 0

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High demand rental areas boost property prices by up to 34%...

Properties in areas with high rental demand command a significant price premium – which could be up to 34% higher than regional averages, research reveals. The data from London estate agent Benham...

Solo living surges amid cost-of-living crisis...

The number of young people living alone in the UK has rocketed by a third in just one year, with 237,000 individuals now embracing solitary lifestyles, research reveals. While this trend highlights a growing...

0:02 AM, 25th July 2024, About 2 days ago | 2

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Half of renters are living in cold, damp homes – Citizens...

Nearly half of private renters in England are enduring freezing, damp or mouldy homes, Citizens Advice has warned. And, the charity claims, half of these tenants have endured these conditions for over...

9:46 AM, 24th July 2024, About 3 days ago | 40

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Landlords point to eviction reform to boost buy to let investment...

Landlords say that a more efficient eviction system is the best way to encourage increased investment in the buy to let sector, research reveals. According to mortgage market specialist Pegasus Insight,

Landlords face HMO crackdowns in THREE council areas...

Three councils have revealed plans to either consult on new selective licensing schemes in their areas or introduce stricter regulations. Wandsworth Council says it is seeking to improve the private rented...

Landbay cuts BTL rates, while Aldermore unveils new products...

Landbay has unveiled reductions across its buy to let product range, with interest rates falling by as much as 0.25%. The lender has cut rates on five-year and two-year standard products, and two-year...

Renters face record price highs as PRS remains ‘difficult’...

Average advertised rents outside London have surged to a fresh quarterly peak of £1,314 per month, marking a 7% increase year-on-year, Rightmove says. The platform warns that while this growth is slower...

Paragon Bank unveils new buy to let mortgages...

Paragon Bank has introduced four limited edition five-year fixed rate buy to let mortgages tailored to landlord portfolios. The lender is offering two new products for landlords owning three or fewer mortgaged...

0:03 AM, 23rd July 2024, About 4 days ago | 0

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Buy to let lending halves in a year as landlords face pressure...

The volume of lending for buy to let purchases plummeted by more than half compared to the same period last year, with just 12,422 new loans granted, figures from UK Finance show. It attributes the dramatic...

Buy to let slump – Rents rise as fewer landlords invest...

Landlord purchases of rental properties have plunged to a record low, leading to a shortage of rental properties and rising rents across Great Britain, research reveals. According to a report by Hamptons,

London’s rental market heats up as summer lets season begins...

London’s rental market is showing signs of life as the summer lettings season gets underway as tenant applicant demand surged by 15% in June compared to May, according to data from Foxtons. This...

The Mortgage Works cuts its buy to let rates again...

The Mortgage Works (TMW) has announced further reductions to their buy to let mortgage rates, making them even more competitive for landlords. New and existing customers can now benefit from rates starting...

9:49 AM, 22nd July 2024, About 5 days ago | 0

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Survey reveals tenants’ and landlords’ expectations...

An impressive 60% of tenants and landlords want reduced landlord taxation and lower stamp duty on home purchases, a survey reveals. Leaders Roman Group (LRG) set out to learn the priorities of those in...

Scottish house prices soar despite economic concerns...

Scottish house prices defied economic headwinds to surge by an average of £6,868 last year, according to new figures. An analysis by estate and lettings firm DJ Alexander, revealed a big jump in average...

0:04 AM, 22nd July 2024, About 5 days ago | 1

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Social and council landlords urged to improve complaint handling...

The Housing Ombudsman has revealed a worrying rise in the number of social and council landlords failing to follow proper complaint procedures. The landlords have been warned to introduce an ‘ethical...

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