Property Market News

Rent prices set to soar as demand outstrips supply – RICS

Author: Property118.com Landlord News Team

14th July 2023, 3 years ago | 1

The rental market is facing a serious imbalance as more tenants are looking for properties than landlords are offering. According...

Foreign owned homes in London worth £55.2bn

Author: Property118.com Landlord News Team

14th July 2023, 3 years ago | 0

Foreign homeowners have £84.2bn worth of property across England and Wales, according to a new report. Letting agents Benham and...

Bank of England sounds house price crash warning if landlords sell-up

Author: Property118.com Landlord News Team

13th July 2023, 3 years ago | 8

The Bank of England (BoE) is warning that higher buy to let mortgage rates could see landlords sell up and...

High interest rates drive down property sales

Author: Property118.com Landlord News Team

12th July 2023, 3 years ago | 0

Property sales are falling across the country due to rocketing interest rates, according to new research. Data from House Buyer...

Number of home sales halved since last year

Author: Property118.com Landlord News Team

10th July 2023, 3 years ago | 0

Transaction levels have plummeted by -54% this year, according to a new report. Research by letting agents Barrows and Forrester,...

House prices cooling amid high interest rates

Author: Property118.com Landlord News Team

7th July 2023, 3 years ago | 0

Average house prices fell by -0.1% in June, Halifax’s third consecutive monthly fall. Its latest House Price Index reveals house...

True cost of housing reaches record breaking high

Author: Property118.com Landlord News Team

7th July 2023, 3 years ago | 2

Housing affordability is at its worst in decades, according to new research. According to House Buyer Bureau, today’s homebuyers have...

London’s rental crisis is a ‘disastrous’ situation

Author: Property118.com Landlord News Team

6th July 2023, 3 years ago | 8

The Covid-19 pandemic has taken a heavy toll on London’s private rental sector (PRS), with new research revealing a 41%...

Property listings soar amid stagnant market

Author: Property118.com Landlord News Team

3rd July 2023, 3 years ago | 1

The number of houses on sale in England has rocketed by 15% since the start of the year as sellers...

House prices fall 3.5% and rising interest rates will hit buyer confidence

Author: Property118.com Landlord News Team

30th June 2023, 3 years ago | 0

House prices in June saw a modest rise of just 0.1% – but year-on-year prices are down 3.5%, Nationwide says....

Landlords see rents rocket and voids plunge

Author: Property118.com Landlord News Team

30th June 2023, 3 years ago | 0

A rental index reveals that England’s rental market has caught fire, with rents rising for the sixth straight month in...

Renters on low income struggle to find affordable properties

Author: Property118.com Landlord News Team

29th June 2023, 3 years ago | 4

People receiving housing benefits or Universal Credit can afford just one in 20 private rental homes, according to new figures....

Home sellers face drastic price cuts to attract buyers

Author: Property118.com Landlord News Team

28th June 2023, 3 years ago | 4

Homebuyers are successfully negotiating lower prices for homes with a whopping 42% of sellers agreeing to discounts of more than...

Supply of new instructions hits four-year high

Author: Property118.com Landlord News Team

23rd June 2023, 3 years ago | 0

The number of new property listings this year has risen by nearly 4% compared to 2022, and is only trailing...

Do you need private investors?

Author: Simon Zutshi

22nd June 2023, 3 years ago | 0

At some point, most people will run out of their own deposit money, and that is when they think they...

Rents and house prices rise in latest ONS data

Author: Property118.com Landlord News Team

22nd June 2023, 3 years ago | 0

The UK’s private rental market saw a 5% surge in rents in the year to May – with growth now...

Rising interest rates threaten 26% of homeowners with mortgage defaults

Author: Property118.com Landlord News Team

20th June 2023, 3 years ago | 0

A study has exposed the vulnerability of millions of homeowners who may face mortgage defaults if interest rates continue to...

Crackdown urged on London’s surging holiday lets

Author: Property118.com Landlord News Team

20th June 2023, 3 years ago | 3

A report revealing a significant increase in second home registrations in London has prompted leading figures to call for government...