Property118 News

CHL and Landbay cut BTL rates

Author: Property118.com Landlord News Team

8th January 2025, 2 years ago | 0

Landlords are set to benefit from a wave of competitive rate reductions as buy to let lenders CHL Mortgages and...

Renters squeezed as they spend a third of their income on rent

Author: Property118.com Landlord News Team

8th January 2025, 2 years ago | 3

The average UK tenant spent 35.7% of their take-home pay on rent last year which underscores the growing financial strain...

Landlords offered pet damage insurance ahead of Renters’ Rights Bill

Author: Property118.com Landlord News Team

8th January 2025, 2 years ago | 14

A new landlord pet damage policy, called ‘Not for Lions’, has been unveiled to protect landlords’ rental properties. The provider,...

Industry body urges Welsh government against mandatory EV charging points in properties

Author: Property118.com Landlord News Team

8th January 2025, 2 years ago | 0

Propertymark is warning the Welsh government against plans to require electric vehicle (EV) charging points in properties. Under the proposals,...

Industry body calls for investment over legislation to support PRS

Author: Property118.com Landlord News Team

7th January 2025, 2 years ago | 6

More investment not legislation is needed for the private rented sector, says Propertymark. The industry body says the private rented...

UK house prices fell in December – Halifax

Author: Property118.com Landlord News Team

7th January 2025, 2 years ago | 0

House prices in the UK ended 2024 with a year-on-year increase of 3.3%, despite a slight 0.2% dip in December,...

Paragon unveils limited-edition five-year BTL deals

Author: Property118.com Landlord News Team

7th January 2025, 2 years ago | 0

Paragon Bank has introduced a range of limited-edition five-year fixed rate buy to let mortgages featuring attractive rates and flexible...

Rents cool down in December after record-breaking year

Author: Property118.com Landlord News Team

7th January 2025, 2 years ago | 2

Rents in England dipped again in December, marking the fifth consecutive month of rental cost reductions, according to the Goodlord...

Scotland’s housing emergency will worsen without rent controls – Green Party

Author: Property118.com Landlord News Team

7th January 2025, 2 years ago | 12

Scotland’s housing emergency will worsen in 2025 without rent controls, the Green Party says. Along with ‘robust’ rent controls, the...

Gas boiler ban dropped but homes could still be forced to switch to heat pumps

Author: Property118.com Landlord News Team

6th January 2025, 2 years ago | 33

Plans to ban new gas boilers by 2035 will be scrapped, but nearly all homes must install a heat pump....

UK house prices in 2025 will grow despite economic challenges

Author: Property118.com Landlord News Team

6th January 2025, 2 years ago | 0

The recent rise in annual house price growth which saw prices reach their highest point since November 2022, stands in...

Scotland’s BTL market collapses as rent controls bite

Author: Property118.com Landlord News Team

6th January 2025, 2 years ago | 3

There’s a lesson for private sector landlords in England with data showing that Scotland’s buy to let market is collapsing...

London rents will rise slightly as market adjusts – Chestertons

Author: Property118.com Landlord News Team

6th January 2025, 2 years ago | 3

London’s private rented sector is experiencing a period of moderation, with Chestertons forecasting rent increases of just 1.5% – that’s...

More homes on sale with higher EPC ratings

Author: Property118.com Landlord News Team

6th January 2025, 2 years ago | 2

Research reveals that 60% of all homes reaching the market over the past year held an EPC rating of C...

Young homeownership on the rise – but inequality widens

Author: Property118.com Landlord News Team

6th January 2025, 2 years ago | 0

Young millennials are more likely to own homes than older millennials were at the same age, but rising homeownership rates...

The importance of building insurance for landlords

Author: Property118.com Landlord News Team

6th January 2025, 2 years ago | 0

When renting out a property, you need to be careful of several risks. Imagine your property being damaged by a...

Revealed: Where most homes sold in 2024

Author: Property118.com Landlord News Team

3rd January 2025, 2 years ago | 0

Estate agents in Scotland sold the most homes in 2024, with next year to be busy due to stamp duty...

Landlords warned against costly EPC upgrades

Author: Property118.com Landlord News Team

3rd January 2025, 2 years ago | 6

Landlords are being warned not to rush into installing heat pumps as a solution to improve their rental properties’ Energy...