Property118 News

Northern England sees a surge in first-time landlords

Author: Property118.com Landlord News Team

27th January 2025, 1 year ago | 6

First-time landlords are increasingly investing in northern England, capitalising on lower property prices and higher rental yields. That’s according to...

Senior rental market set to boom

Author: Property118.com Landlord News Team

27th January 2025, 1 year ago | 2

The UK’s senior living rental sector is poised for a dramatic expansion, with private rental stock predicted to rocket by...

Labour council faces legal challenge after handing out hundreds of eviction notices

Author: Property118.com Landlord News Team

24th January 2025, 1 year ago | 14

Lambeth Council is facing a legal action after issuing eviction notices to hundreds of tenants living in properties rented on...

Lettings body warns against Renters’ Rights Bill clauses

Author: Property118.com Landlord News Team

24th January 2025, 1 year ago | 7

Letting body safeagent is urging the government to withdraw two new clauses from the Renters’ Rights Bill, warning they could...

Housing affordability improves but remains a challenge

Author: Property118.com Landlord News Team

24th January 2025, 1 year ago | 0

Housing affordability has improved over the past year because earnings growth is exceeding house price growth, Nationwide reports. The report...

Landlords delay rental property EPC upgrades

Author: Property118.com Landlord News Team

24th January 2025, 1 year ago | 29

More than half of landlords with properties with an energy performance certificate (EPC) rating below C are delaying essential upgrades...

Scottish Housing Bill will destabilise the market and drive landlords out says Meghan Gallacher MSP

Author: Property118.com Landlord News Team

23rd January 2025, 1 year ago | 1

The Scottish Housing Bill is an attack on the private rented sector, says Meghan Gallacher MSP. In an exclusive video...

Landlord wins Appeal Court case on service of tenancy documents

Author: Property118.com Landlord News Team

23rd January 2025, 1 year ago | 6

The Court of Appeal has ruled in favour of a landlord, confirming they can serve essential tenancy documents by post....

London reclaims BTL crown as Northern hotspots surge

Author: Property118.com Landlord News Team

23rd January 2025, 1 year ago | 0

London has emerged as the dominant force in the UK’s buy to let market in 2024, experiencing a 13% increase...

Buy to let mortgage possessions rocket by 73%

Author: Property118.com Landlord News Team

23rd January 2025, 1 year ago | 0

The latest quarterly update from UK Finance reveals there were 710 buy to let mortgage possessions in the third quarter...

Housing market shows mixed signals

Author: Property118.com Landlord News Team

23rd January 2025, 1 year ago | 0

House prices in England and Wales are on the rise again with an annualised growth of 1.9% – which is...

Landlords could see tenants moving in without paying rent

Author: Property118.com Landlord News Team

22nd January 2025, 1 year ago | 67

Real estate firm Knight Frank has issued a stark warning that tenants could move into properties without paying any rent...

Fewer than 10% of homes will be SDLT free from April

Author: Property118.com Landlord News Team

22nd January 2025, 1 year ago | 0

There will be a big drop in the availability of stamp duty-free homes from April 1st when the current stamp...

Renters rush to move in the next six months

Author: Property118.com Landlord News Team

22nd January 2025, 1 year ago | 9

More than half of the UK’s renters are looking to move home within the next six months, research reveals. According...

London leads UK rental market decline as rents fall

Author: Property118.com Landlord News Team

22nd January 2025, 1 year ago | 0

The UK’s private rented sector is showing signs of stabilisation after a period of upheaval, with rent increases slowing across...

Industry body warns Welsh government’s two-month rent compensation could backfire

Author: Property118.com Landlord News Team

22nd January 2025, 1 year ago | 2

An industry body labels the Welsh government’s proposal of two months’ rent as compensation for eviction as ‘counterproductive.’ Propertymark is...

BTL mortgage rates rise but landlords still benefit – Octane

Author: Property118.com Landlord News Team

22nd January 2025, 1 year ago | 0

While buy to let mortgage rates have risen slightly following the Autumn Budget and despite soaring gilt yields, Octane Capital...

Government to consult on EPC C rating for the PRS

Author: Property118.com Landlord News Team

21st January 2025, 1 year ago | 21

The UK government is set to finally unveil its long-awaited consultation on new energy efficiency standards for private rented properties....