Property118 News

Landlord confidence plummets amid legislation and soaring EPC upgrade costs

Author: Property118.com Landlord News Team

12th December 2024, 1 year ago | 10

Landlord confidence has dropped due to looming legislation and upcoming energy-efficiency changes. Research by Savills reveals that 73% of landlords...

Housing Ombudsman urges action after failures in rat infestation and damp and mould cases

Author: Property118.com Landlord News Team

12th December 2024, 1 year ago | 0

The Housing Ombudsman is urging the social housing sector to prepare for Awaab’s law after one housing association left a...

House prices rise as tenant demand slows – RICS

Author: Property118.com Landlord News Team

12th December 2024, 1 year ago | 0

House prices in the UK continue to rise, while rental demand has shown its first signs of slowing since 2020,...

First-time buyers pay over the odds for homes

Author: Property118.com Landlord News Team

12th December 2024, 1 year ago | 1

First-time buyers are shelling out nearly 8% more than the asking price for their first homes, an analysis reveals. The...

Rising rents and evictions leave thousands homeless this Christmas claims Shelter

Author: Property118.com Landlord News Team

12th December 2024, 1 year ago | 8

Shelter is blaming evictions and rising rents for a surge in homelessness this Christmas. According to the housing charity, 354,000...

Welsh government slammed over stamp duty hike for landlords

Author: Property118.com Landlord News Team

12th December 2024, 1 year ago | 0

Industry bodies have blasted the Welsh labour government over raising stamp duty for landlords and second homeowners in the Welsh...

Rents up by £3,240 a year since Covid – Zoopla

Author: Property118.com Landlord News Team

12th December 2024, 1 year ago | 3

The cost of renting a home has surged since the Covid lockdowns, rising from £12,000 annually in 2021 to £15,240...

Landlords selling up is fuelling the homelessness crisis – NRLA

Author: Property118.com Landlord News Team

11th December 2024, 1 year ago | 13

The number of tenants facing homelessness due to landlords selling up has soared by a third since the end of...

Rent and mortgage spending reaches record highs amid energy-efficiency push

Author: Property118.com Landlord News Team

11th December 2024, 1 year ago | 0

Rent and mortgage spending reached a 14-month high as more homeowners focus on improving energy efficiency in their homes for...

Thousands of tenants face eviction before Christmas

Author: Property118.com Landlord News Team

11th December 2024, 1 year ago | 11

Thousands of people across England and Wales are facing the prospect of homelessness in the lead-up to Christmas, new figures...

Mortgage rates hinder first-time buyers’ homeownership dreams

Author: Property118.com Landlord News Team

11th December 2024, 1 year ago | 0

Mortgage rates remain a big barrier to first-time buyers in the UK, research reveals. The Mortgage Advice Bureau says that...

House prices outpace income growth to hit affordability

Author: Property118.com Landlord News Team

11th December 2024, 1 year ago | 0

While the UK’s house prices continue to rise, income growth has lagged, making homeownership a distant dream for many, data...

Renters fear arrears as cost-of-living bites

Author: Property118.com Landlord News Team

11th December 2024, 1 year ago | 0

Renters across the UK are growing increasingly concerned about their ability to pay rent with a surge in online searches...

Landlord exodus grows due to Renters’ Rights Bill and EPC C targets

Author: Property118.com Landlord News Team

10th December 2024, 1 year ago | 9

Despite the Labour government claiming there is no evidence of a landlord exodus, the English Private Landlord Survey shows a...

Precise and Fleet cut BTL rates for landlords

Author: Property118.com Landlord News Team

10th December 2024, 1 year ago | 1

Precise and Fleet Mortgages have both announced significant interest rate reductions on their buy to let products. Precise, part of...

Buyer demand soars across UK cities as stamp duty changes loom

Author: Property118.com Landlord News Team

10th December 2024, 1 year ago | 0

Buyer demand continues to rise across UK cities, as stamp duty thresholds are set to end next year. According to...

Supply and demand levels fall after post-pandemic surge

Author: Property118.com Landlord News Team

10th December 2024, 1 year ago | 0

The imbalance of supply and demand is returning to normal after five years of soaring levels. According to SpareRoom, supply...

Older tenant numbers surge as younger renters decline

Author: Property118.com Landlord News Team

10th December 2024, 1 year ago | 0

Tenants on the brink of retirement are the fastest-growing group of private renters in England, research reveals. According to an...