Property Market News

House prices rise slightly – and an ‘Autumn sales’ bounce is predicted

Author: Property118.com Landlord News Team

18th September 2023, 3 years ago | 0

The average asking price for homes in the UK rose by just 0.4% to £366,281 in August, Rightmove reports. It...

Rents hit new record-breaking high

Author: Property118.com Landlord News Team

18th September 2023, 3 years ago | 15

The average rent in Great Britain has now passed £1,300 for the first time in a decade, according to new...

The best way to keep up to date with property market changes

Author: Simon Zutshi

7th September 2023, 3 years ago | 0

Now the kids are back to school, and the summer holidays are officially over despite the heatwave this week, it’s...

Rocky housing market will pick up in Autumn

Author: Property118.com Landlord News Team

4th September 2023, 3 years ago | 0

While it’s been a tough year for the property market, activity is likely to pick up in the coming Autumn...

House prices fall 5.3% year-on-year in August

Author: Property118.com Landlord News Team

1st September 2023, 3 years ago | 3

The Nationwide House Price Index for August indicates a monthly fall in prices of 0.8% feeding through cumulatively to an...

House prices need to plummet by 19.3% to reach pre-pandemic levels

Author: Property118.com Landlord News Team

31st August 2023, 3 years ago | 1

British house prices would need to plummet by a staggering 19.3% to reach their pre-pandemic levels as fears rise over...

UK house sales to hit lowest point in 11 years

Author: Property118.com Landlord News Team

30th August 2023, 3 years ago | 0

The UK housing market is facing a slump in 2023 with the number of sales expected to drop by 21%...

HMO buy to let remains a popular investment choice

Author: Property118.com Landlord News Team

24th August 2023, 3 years ago | 0

Most UK property investors are still confident in the value and performance of their portfolios – and 71% have not...

Rented home supply in London begins to improve

Author: Property118.com Landlord News Team

24th August 2023, 3 years ago | 1

The supply of homes to rent in London is improving, two leading firms in the sector say. Flat share platform...

Sitting tenants increasingly face eviction in ‘landlord exodus’

Author: Property118.com Landlord News Team

23rd August 2023, 3 years ago | 11

Thousands of sitting tenants are facing eviction due to struggling landlords selling their properties before the tenancy agreement ends, research...

Renting is now cheaper than buying

Author: Property118.com Landlord News Team

22nd August 2023, 3 years ago | 1

Rising mortgage rates mean that renting a home in the UK is now a more cost-effective option than buying a...

Mismatch between supply and demand widens

Author: Property118.com Landlord News Team

22nd August 2023, 3 years ago | 0

The mismatch between supply and demand is putting huge pressure on renters, according to a new report. The latest figures...

Rents rocket at the highest rate since 2016

Author: Property118.com Landlord News Team

17th August 2023, 3 years ago | 0

The soaring price of renting in the UK is at the highest rate since January 2016 – and is being...

Landlords selling up see capital gains fall

Author: Property118.com Landlord News Team

14th August 2023, 3 years ago | 0

Landlords who have sold up this year have seen their capital gains take a hit – they are making £10,000...

Scotland’s property taxes rocket by 50% in two years

Author: Property118.com Landlord News Team

11th August 2023, 3 years ago | 0

Property tax collections in Scotland have surged by 50% in just two years, an analysis reveals. Lettings and estate agents...

Rent ‘madness’ continues as prices rise in every region

Author: Property118.com Landlord News Team

8th August 2023, 3 years ago | 3

The latest data reveals that rents have risen in every region of the UK with the average price now at...

House prices continue on a downward slide

Author: Property118.com Landlord News Team

7th August 2023, 3 years ago | 0

The housing market faced yet another setback as the average house price saw a decline of -0.3% in July, Halifax...

Interest rates highest since April 2008 – property sector reacts

Author: Property118.com Landlord News Team

3rd August 2023, 3 years ago | 2

The Bank of England has implemented its 14th consecutive interest rate hike to address surging prices. The UK’s interest rate...