Property Market News

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...

BTL landlords will be ousted as City investors move in

Author: Property118.com Landlord News Team

20th June 2023, 3 years ago | 51

As small buy-to-let landlords struggle to keep up with increasing interest rates, a wave of City investors is stepping in...

Mortgage rate rises cause summer slowdown

Author: Property118.com Landlord News Team

19th June 2023, 3 years ago | 0

Average new seller asking prices fallen for the first time this year, the Rightmove House Price Index reveals. New seller...

Weekly rents in London reach record breaking high

Author: Property118.com Landlord News Team

19th June 2023, 3 years ago | 0

New figures reveal Londoners are having to pay £600 a week for rent. Figures from Foxtons reveal that average weekly...

Rental demand remains high in London

Author: Property118.com Landlord News Team

14th June 2023, 3 years ago | 0

Limited supply continues to impact the lettings market in London, according to new data. Research by independent property analysts, LonRes...

The perfect storm for landlords and tenants has arrived

Author: Property118.com Landlord News Team

12th June 2023, 3 years ago | 8

A financial expert is predicting misery for the property market in the months to come with rising interest rates hitting...

‘Storm clouds’ loom over the UK’s property sector – RICS

Author: Property118.com Landlord News Team

8th June 2023, 3 years ago | 3

Storm clouds are looming over the UK’s property market with some good news being overshadowed by potential interest rate hikes...

First annual fall in house prices for 11 years

Author: Property118.com Landlord News Team

7th June 2023, 3 years ago | 0

The average house price saw no change (0.0%) in May, following a drop of 0.4% in April, Halifax reports. Its...

Government unveils plans for affordable rural housing to rent or buy

Author: Property118.com Landlord News Team

7th June 2023, 3 years ago | 2

In an effort to increase the availability of affordable housing for rent or purchase in rural regions, the government has...

Property sales plummet in England and Wales

Author: Property118.com Landlord News Team

2nd June 2023, 3 years ago | 1

There has been a 58% drop in property sales across England and Wales in the past year, research reveals. The...

House prices slip again – interest rates to remain high

Author: Property118.com Landlord News Team

1st June 2023, 3 years ago | 0

House prices have fallen by 3.4% in the year to May – which is a bigger decline than the drop...

UK’s property transactions fall by a third in a year

Author: Property118.com Landlord News Team

1st June 2023, 3 years ago | 0

HMRC’s latest data reveals a staggering drop in UK property transactions, signalling a potential slowdown in the housing market. In...