Property118 News

Bank of England reduce Bank Base Rate by 0.25% despite inflationary Budget

Author: Property118.com Landlord News Team

7th November 2024, 2 years ago | 3

The Bank of England’s Monetary Policy Committee (MPC) Hawks won out today voting by 8 – 1 to reduce the...

UK house prices hit new record high

Author: Property118.com Landlord News Team

7th November 2024, 2 years ago | 0

The average UK house price edged up 0.2% in October despite the economic uncertainty, marking the fourth consecutive monthly increase,...

Shawbrook expands commercial loan offerings for landlords

Author: Property118.com Landlord News Team

7th November 2024, 2 years ago | 0

Shawbrook Bank has unveiled a series of enhancements to its commercial investment products, designed to bolster support for property investors...

Record numbers of Londoners leaving capital as housing costs soar

Author: Property118.com Landlord News Team

7th November 2024, 2 years ago | 0

Londoners are increasingly choosing to leave the capital amid post-election uncertainty and high house prices. Data from Compare My Move...

New platform helps landlords navigate the Renters’ Rights Bill

Author: Property118.com Landlord News Team

7th November 2024, 2 years ago | 0

Letting technology platform Goodlord is helping letting agents and landlords prepare for the upcoming Renters’ Rights Bill with a series...

Councils and letting agents join forces to tackle damp and mould in the PRS

Author: Property118.com Landlord News Team

7th November 2024, 2 years ago | 7

Letting agents and councils are teaming up to tackle damp and mould in the private rented sector with a new...

Professional body pushes for licensing schemes to be doubled to improve housing conditions

Author: Property118.com Landlord News Team

6th November 2024, 2 years ago | 2

Selective licensing schemes should DOUBLE from five to ten years, says professional body. The Chartered Institute of Environmental Health (CIEH)...

Housing Ombudsman reports spike in social housing complaints

Author: Property118.com Landlord News Team

6th November 2024, 2 years ago | 0

The Housing Ombudsman has slammed social housing providers for failing to meet legal requirements and safety hazards. In a new...

JLL forecasts a 17% rent rise over the next five years

Author: Property118.com Landlord News Team

6th November 2024, 2 years ago | 1

Despite a rapid rise in rents over the past three years, real estate firm JLL is forecasting that rents will...

House prices to rise by 23% over the next five years – Savills

Author: Property118.com Landlord News Team

6th November 2024, 2 years ago | 0

House prices in the UK are forecast to increase by £84,000 over the next five years, according to a new...

Landlord profitability surges to a two-year high

Author: Property118.com Landlord News Team

6th November 2024, 2 years ago | 2

Landlord profitability has reached its highest point since the first quarter of 2022, according to research by Paragon Bank. A...

Council seeks public input on landlord licensing

Author: Property118.com Landlord News Team

6th November 2024, 2 years ago | 0

Carmarthenshire County Council is inviting feedback on proposed regulations for Houses in Multiple Occupation (HMOs) within the Tyisha and Glanymor...

Kevin Hollinrake appointed Shadow Housing Secretary in Conservative cabinet

Author: Property118.com Landlord News Team

6th November 2024, 2 years ago | 1

Former estate agent Kevin Hollinrake has been appointed as the new Shadow Housing Secretary. Kemi Badenoch, the newly elected leader...

Fleet unveils new five-year fixed rate BTL mortgages

Author: Property118.com Landlord News Team

5th November 2024, 2 years ago | 2

Fleet Mortgages has launched a new range of five-year fixed-rate products for landlords across the UK. The buy to let...

New student referencing tool for landlords launched

Author: Property118.com Landlord News Team

5th November 2024, 2 years ago | 0

A new referencing tool specifically designed for student landlords aims to simplify the tenancy process for both agents and students....

Most landlords not deterred from investing after SDLT rise

Author: Property118.com Landlord News Team

5th November 2024, 2 years ago | 10

While the looming threat of a capital gains tax (CGT) hike had landlords worried in the lead-up to last week’s...

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Tenant activist group calls for a ‘stronger’ Renters’ Rights Bill

Author: Property118.com Landlord News Team

5th November 2024, 2 years ago | 7

Acorn, the tenant activist organisation, is urging renters to contact their MP calling for a stronger Renters’ Rights Bill. Its...

Chancellor Rachel Reeves earns £74,000 in rent as a landlord

Author: Property118.com Landlord News Team

5th November 2024, 2 years ago | 14

Rachel Reeves, the Chancellor of the Exchequer, and her husband are earning £74,000 annually from rental income, The Telegraph reveals....