Property Market News

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...

UK house prices see the biggest fall since 2009

Author: Property118.com Landlord News Team

1st August 2023, 3 years ago | 2

The UK’s housing market saw prices dip at their fastest annual decline in 14 years, Nationwide reports. The data reveals...

Rental yield hotspot revealed

Author: Property118.com Landlord News Team

31st July 2023, 3 years ago | 0

Rising rental yields signal a period of opportunity for property investors, according to new research. Research from property investment platform,...

Higher mortgage rates sees house buyer demand plummet by 40%

Author: Property118.com Landlord News Team

28th July 2023, 3 years ago | 0

The UK’s housing market has been hit hard by soaring mortgage rates, resulting in an 18% drop in buyer demand...

Planning restrictions to be relaxed to meet 1 million new homes target

Author: Property118.com Landlord News Team

25th July 2023, 3 years ago | 5

During a speech that laid out plans for the Government to meet its ambition of building one million new homes,...

House prices to drop by ‘double digits’ in a prolonged slump

Author: Property118.com Landlord News Team

24th July 2023, 3 years ago | 6

Economists have sounded the alarm over the future of UK house prices by forecasting a significant decline of 12% by...

Rents hit new high as landlords deal with ‘queues of prospective tenants’

Author: Property118.com Landlord News Team

21st July 2023, 3 years ago | 2

Tenants are feeling the squeeze as new rents outside of London have hit a new record high of £1,231 –...

Tenant demand on the rise in London

Author: Property118.com Landlord News Team

21st July 2023, 3 years ago | 1

Demand still remains strong in London, according to new data. Latest figures from Foxtons Lettings Index reveal that applicant demand...

Rents rise at the quickest pace since 2016

Author: Property118.com Landlord News Team

20th July 2023, 3 years ago | 1

The UK’s renters have seen average rent prices rocket by 5.1% in the year to June, the highest annual increase...

House prices in the UK continue cooling down

Author: Property118.com Landlord News Team

20th July 2023, 3 years ago | 0

The UK’s house prices grew by 1.9% year-on-year in May – a slowdown from the 3.2% growth recorded in April,...

Mismatch between supply and demand continues in PRS

Author: Property118.com Landlord News Team

20th July 2023, 3 years ago | 0

Growing demand and low supply leaves renters in limbo, according to new data. The latest figures from Propertymark’s Housing Insight...

Think tank predicts shock 25% drop in house prices

Author: Property118.com Landlord News Team

18th July 2023, 3 years ago | 0

Rising interest rates threaten to slash the value of homes by up to 25% in the biggest drop in wealth...

Chances of renting in parts of London are ‘almost non-existent’

Author: Property118.com Landlord News Team

18th July 2023, 3 years ago | 0

A report reveals that in one area of London, the chances of a renter finding somewhere to rent are ‘almost...

More than 1 million tenants will be over 65

Author: Property118.com Landlord News Team

17th July 2023, 3 years ago | 1

The private rented sector (PRS) needs to prepare for more than one million tenants being over the age of 65...

Landlords increasingly seek guarantors for well-paid tenants

Author: Property118.com Landlord News Team

17th July 2023, 3 years ago | 14

Landlords and letting agents are increasingly asking for guarantors from renters who earn between £25,000 and £75,000, research reveals. RentTech...

Tenants warned over capital’s ‘competitive market’

Author: Property118.com Landlord News Team

14th July 2023, 3 years ago | 0

Renters are being warned that if they start looking for somewhere to rent this summer in London, they should be...