Property118.com News Team

Landlord exodus from the PRS as uncertainty and costs rise

Landlord exodus from the PRS as uncertainty and costs rise...

There’s been a surge in landlords exiting the private rented sector (PRS) with a dramatic rise in the number of properties previously listed for rent that are now up for sale. According to new data...

Number of BTL mortgage products rises

Number of BTL mortgage products rises...

The UK mortgage market is showing signs of recovery with a big increase in the number of products available across all buyer segments – especially buy to let lending. Data from specialist property...

House prices show improvement amid interest rates cut

House prices show improvement amid interest rates cut...

The housing market shows promising signs of improvement, according to new data. The Acadata House Price Index for June reveals that house prices are just 1.6% lower than a year ago, now standing at £360,175.

How the Renters’ Rights Bill will affect PRS landlords

How the Renters’ Rights Bill will affect PRS landlords...

Landlords have another battle on their hands with news that the Renters’ Rights Bill will pick up where the Renters (Reform) Bill failed to deliver. Despite a 2019 manifesto pledge, the RRB was binned...

Propertymark urges clarity on Section 21 abolition

Propertymark urges clarity on Section 21 abolition...

Propertymark is calling on the Labour Government to provide clear details on how it plans to abolish Section 21 ‘no-fault’ evictions under the Renters’ Rights Bill. It is also calling...

BTL investors remain confident despite policy uncertainty

BTL investors remain confident despite policy uncertainty...

The UK’s private rented sector (PRS) continues to attract investors despite some uncertainty surrounding future government policies, research reveals. According to a report by Connells Group, which...

Younger investors driving growth in the buy to let market

Younger investors driving growth in the buy to let market...

Landlords in their 30s are fuelling growth in the buy to let market as an analysis of industry data shows a big drop in the average age of BTL investors buying new properties with mortgages. According...

UK rents rise by 8.6% in the year to June – ONS

UK rents rise by 8.6% in the year to June – ONS...

Average rents in the UK increased by 8.6% in the 12 months leading up to June – a slight dip from the 8.7% annual rise seen in May, the Office for National Statistics (ONS) reports. Its Price Index...

Section 21 ‘no-fault’ evictions will be banned – King’s Speech

Section 21 ‘no-fault’ evictions will be banned –...

A new law that will ban Section 21 ‘no-fault’ evictions will be introduced, along with legislation to ‘give greater rights and protections’ to tenants, the King’s Speech revealed.

What is in the King’s Speech for the UK’s landlords?

What is in the King’s Speech for the UK’s landlords?

Today, King Charles will open Parliament and reveal more than 35 Bills to be introduced by the Labour government. While details are scarce it looks like there is little discussion about what might happen...

London renters work over two months just to pay rent says Think Tank

London renters work over two months just to pay rent says Think...

A think tank claims renters are working harder than ever to pay landlords. According to the Adam Smith Institute (ASI), renters in London are working 197 days of the year solely to pay their landlords.

Sunday Times would like to interview a Landlord concerning the abolition of Section 21

Sunday Times would like to interview a Landlord concerning the...

We are keen to speak with landlords who are concerned about incoming rental reforms that will ban no-fault evictions and potentially cap rent rises (depending on what is announced in the King’s Speech).

BTL mortgages: Aldermore, TMW, Foundation and Accord announce rate reductions

BTL mortgages: Aldermore, TMW, Foundation and Accord announce...

Several buy to let mortgage lenders have announced interest rate reductions this week, offering better deals for BTL investors in the UK. Aldermore launched a series of limited-edition buy to let products...

Landlord takes a stand against delayed Universal Credit payments

Landlord takes a stand against delayed Universal Credit payments...

Amid ongoing delays with Universal Credit (UC), one landlord is stepping up to help his tenants. Mick Roberts, one of Nottingham’s largest landlords for benefit tenants, shared with Property118 that...

Strong growth in Scottish property market despite challenges

Strong growth in Scottish property market despite challenges...

Scottish house prices have hit another record high for the third consecutive month, averaging £225,636. According to the latest house price index by Walker Fraser Steele, prices have increased by 2.5%...

ANOTHER council seeks landlords to help house families

ANOTHER council seeks landlords to help house families...

Epsom and Ewell Borough Council is calling on landlords to join its Private Sector Leasing Scheme, offering a secure and hassle-free way to rent properties while assisting local families in need. The council’s...

Gateshead consults on selective licensing – while Brent urges landlords to comply

Gateshead consults on selective licensing – while Brent...

Gateshead Council is inviting residents, landlords, letting agents and businesses to weigh in on proposals for new selective licensing schemes. It claims to be a pioneer in selective licensing since 2007,

Propertymark backs Welsh Government’s housing plans

Propertymark backs Welsh Government’s housing plans...

Propertymark has welcomed the Welsh Government’s commitment to improving housing in Wales. Tim Thomas, the organisation’s policy and campaigns officer, said the organisation is pleased to...

Surge in older renters and rise of portfolio landlords – TMW

Surge in older renters and rise of portfolio landlords –...

There has been a big change in the UK’s private rented sector (PRS) with a dramatic increase in the number of tenants aged between 55 and 64 who are choosing to rent. This figure has surged by 80%...

£20bn boost for Build to Rent market as investors shift focus

£20bn boost for Build to Rent market as investors shift focus...

The UK’s Build to Rent (BtR) sector is set for a £20bn cash injection over the next decade, according to a new report by Savills. This shift in focus from investors highlights the growing maturity...

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Thursday 14th July 2011

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