Property Market News

Bank of England cuts interest rates – the property industry reacts

Author: Property118.com Landlord News Team

2nd August 2024, 2 years ago | 0

In good news, the Bank of England has cut interest rates from 5.25% to 5% for the first time in...

Bank of England finally cuts interest rates in closest vote for a long time

Author: Property118.com Landlord News Team

1st August 2024, 2 years ago | 7

The Bank of England has announced a major cut in interest rates for the first time in four years. The...

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UK house price growth picks up steam

Author: Property118.com Landlord News Team

1st August 2024, 2 years ago | 0

The average UK house price climbed 0.3% month-on-month in July, marking the fastest pace of growth since December 2022, new...

Labour’s Green Belt plan could deliver 738,000 new homes

Author: Property118.com Landlord News Team

1st August 2024, 2 years ago | 0

Labour’s proposal to reclassify a small portion of green belt land could significantly impact the housing market, according to research...

Angela Rayner unveils new mandatory housing targets

Author: Property118.com Landlord News Team

31st July 2024, 2 years ago | 7

Angela Rayner has warned that councils will be stripped of planning powers if they fail to meet housing targets. Under...

Zoopla’s boss predicts a shift to corporate landlords for the PRS

Author: Property118.com Landlord News Team

31st July 2024, 2 years ago | 36

The boss of property listings website Zoopla, Charlie Bryant, says that being a private landlord is no longer financially viable...

£20M To Fix Housing Crisis?

Author: Ranjan Bhattacharya

30th July 2024, 2 years ago | 1

In this eye-opening episode of Property Breaking News, Ranjan Bhattacharya and Andrew Roberts investigate the claim that only £20 million...

UK house prices set for 2% rise as market rebounds

Author: Property118.com Landlord News Team

30th July 2024, 2 years ago | 0

After a chilly 2023, the UK’s housing market is showing clear signs of warming up in 2024, with increased buyer...

Property investors eye interest rate cuts

Author: Property118.com Landlord News Team

30th July 2024, 2 years ago | 0

Property investors are betting on interest rate cuts to fuel market optimism rather than worrying about political change or global...

Stamp duty relief blow for first-time buyers

Author: Property118.com Landlord News Team

29th July 2024, 2 years ago | 3

Only 37% of homes for sale will qualify for stamp duty relief when the current threshold of £425,000 reverts to...

Homeownership dream fades as affordability crisis deepens – Skipton

Author: Property118.com Landlord News Team

26th July 2024, 2 years ago | 1

Just one in eight potential first-time buyers can afford the average property in their area, with the situation even more...

Post-Election Property Price Predictions: What to Expect in the Market

Author: Ranjan Bhattacharya

25th July 2024, 2 years ago | 0

In this insightful episode, Ranjan Bhattacharya analyses the potential impact of the recent election on property prices. How will the...

Scottish house prices soar despite economic concerns

Author: Property118.com Landlord News Team

22nd July 2024, 2 years ago | 1

Scottish house prices defied economic headwinds to surge by an average of £6,868 last year, according to new figures. An...

Landlord exodus from the PRS as uncertainty and costs rise

Author: Property118.com Landlord News Team

19th July 2024, 2 years ago | 22

There’s been a surge in landlords exiting the private rented sector (PRS) with a dramatic rise in the number of...

House prices show improvement amid interest rates cut

Author: Property118.com Landlord News Team

19th July 2024, 2 years ago | 0

The housing market shows promising signs of improvement, according to new data. The Acadata House Price Index for June reveals...

Strong growth in Scottish property market despite challenges

Author: Property118.com Landlord News Team

17th July 2024, 2 years ago | 0

Scottish house prices have hit another record high for the third consecutive month, averaging £225,636. According to the latest house...

£20bn boost for Build to Rent market as investors shift focus

Author: Property118.com Landlord News Team

16th July 2024, 2 years ago | 0

The UK’s Build to Rent (BtR) sector is set for a £20bn cash injection over the next decade, according to...

London rents down despite 14-year spike

Author: Property118.com Landlord News Team

15th July 2024, 2 years ago | 0

Average rents across London have skyrocketed over the last 14 years, according to a new report. Flat-share website SpareRoom reveals...