Property118 News

Lack of Welsh housing data sparks NRLA campaign for annual housing survey

Author: Property118.com Landlord News Team

27th August 2024, 2 years ago | 1

The NRLA is calling for a regular Welsh housing survey to help future housing policy decisions. The NRLA says there...

Renters struggle with renting budgets as costs soar

Author: Property118.com Landlord News Team

27th August 2024, 2 years ago | 3

Renters are having to find an extra £312 per year to cover the cost of rent that exceeds their budget,...

Rental market race: Gloucester leads, Middlesbrough lags

Author: Property118.com Landlord News Team

27th August 2024, 2 years ago | 0

With rental demand soaring, competition for properties is fierce and data from OnTheMarket highlights the extreme disparities in how quickly...

Council tenant pleads guilty to subletting home on Airbnb

Author: Property118.com Landlord News Team

27th August 2024, 2 years ago | 3

A council flat tenant has admitted to unlawfully subletting his home by advertising the property for rent on Airbnb. Reza...

Holiday let landlords face tax crunch

Author: Property118.com Landlord News Team

23rd August 2024, 2 years ago | 2

The clock is ticking for furnished holiday let landlords as government plans to abolish the favourable tax regime from April...

Rent controls in Scotland: ‘Unworkable and unaffordable’

Author: Property118.com Landlord News Team

23rd August 2024, 2 years ago | 4

The Housing Scotland Bill must be scrapped or significantly amended, a leading property firm warns. DJ Alexander, Scotland’s largest lettings...

Landbay unveils new AVM-powered BTL products

Author: Property118.com Landlord News Team

23rd August 2024, 2 years ago | 0

Buy to let lender Landbay has introduced a fresh line-up of two-and five-year products, available through its automated valuation model...

Council sparks confusion by processing selective licences after scheme end date

Author: Property118.com Landlord News Team

23rd August 2024, 2 years ago | 2

A local authority continued to process selective licence applications despite the scheme ending months before. London Property Licensing flagged an...

Renters pay higher prices for furnished apartments yet most dislike the furniture

Author: Property118.com Landlord News Team

23rd August 2024, 2 years ago | 0

Renters are paying 20% more per month on average for a furnished apartment compared to an unfurnished one, according to...

Labour slammed for planned social housing rent rise

Author: Property118.com Landlord News Team

23rd August 2024, 2 years ago | 6

Chancellor Rachel Reeves is set to reveal a big increase in social rents to help accelerate the construction of affordable...

ARLA Propertymark president offers tips for women in property and urges government to listen to landlords

Author: Property118.com Landlord News Team

22nd August 2024, 2 years ago | 2

From humble beginnings in a small letting agency in Cardiff Bay to ARLA Propertymark President. Angharad Trueman’s property journey has...

Lender urges government support for landlord EPC upgrades

Author: Property118.com Landlord News Team

22nd August 2024, 2 years ago | 4

Skipton Group has called on the government to introduce incentives and support for landlords to upgrade their properties to meet...

Rents start falling in major cities as rental inflation slows

Author: Property118.com Landlord News Team

22nd August 2024, 2 years ago | 1

Rents in major UK cities are beginning to fall for the first time in years – the pace of rental...

Labour’s ‘Freedom to Buy’ mortgage scheme faces criticism

Author: Property118.com Landlord News Team

22nd August 2024, 2 years ago | 2

Doubt is being cast on Labour’s proposed ‘Freedom to Buy’ mortgage guarantee scheme after an analysis of Financial Conduct Authority...

Accord and TMW lower BTL rates

Author: Property118.com Landlord News Team

22nd August 2024, 2 years ago | 0

Accord Mortgages has reduced its buy to let rates again – the second rate cut this month. The intermediary-only lender...

Homes for Reading closure forces tenants to find new homes

Author: Property118.com Landlord News Team

22nd August 2024, 2 years ago | 33

Reading Borough Council has announced the closure of its wholly owned housing company, Homes for Reading, and tenants must leave...

EPC targets could face delays without flexible approach warns industry body

Author: Property118.com Landlord News Team

21st August 2024, 2 years ago | 6

More than 340,000 homes must be upgraded every year to hit 2030 EPC C targets. However, Propertymark says at the...

Base rate cut will boost house prices by 2.5%

Author: Property118.com Landlord News Team

21st August 2024, 2 years ago | 1

The Bank of England’s recent decision to lower interest rates to 5% has ignited optimism within the housing market, says...