Property Market News

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...

Landlords selling up boosts supply of affordable homes

Author: Property118.com Landlord News Team

30th May 2023, 3 years ago | 3

Faced with rising mortgage rates and mounting costs, a wave of landlords is opting to sell their properties, leading to...

The UK’s richest and poorest property markets revealed

Author: Property118.com Landlord News Team

25th May 2023, 3 years ago | 0

Over the last 12 months, £250bn worth of property has been sold in the UK with the richest local market...

UK’s house price growth continues to slow down

Author: Property118.com Landlord News Team

25th May 2023, 3 years ago | 1

Property prices in the UK have fallen for the fourth month in a row as values dropped by 0.9% between...

Improving house market pushes prices up to a record high

Author: Property118.com Landlord News Team

22nd May 2023, 3 years ago | 0

The UK’s property prices are rocketing again with the latest figures revealing a surge in the average price of homes...

Britain’s commercial rents bounce back

Author: Property118.com Landlord News Team

17th May 2023, 3 years ago | 0

Commercial rents have bounced back across Britain, with an impressive 9.7% growth in the last year alone, data reveals. According...

London’s prime renting market sees demand cooling

Author: Property118.com Landlord News Team

17th May 2023, 3 years ago | 0

London’s prime rental market is continuing to see strong renter demand but there’s a ‘weak supply’ of properties – but...

MPs could be earning £2.2m in rent every year

Author: Property118.com Landlord News Team

10th May 2023, 3 years ago | 1

Research from a campaign group shows that nearly 20% of Conservative MPs are landlords as the Renters’ Reform Bill nears...

Skipton unveils deposit-free mortgage for renters

Author: Property118.com Landlord News Team

9th May 2023, 3 years ago | 1

The first 100% LTV mortgage in the UK aimed at renters ‘trapped in the rental cycle’ has been unveiled by...

Three months of growth end as house prices dip

Author: Property118.com Landlord News Team

9th May 2023, 3 years ago | 0

After a strong performance in March, the UK’s annual house price growth was just 0.1% in April, Halifax reports. Its...

Build-to-rent sector stalls as completions slump

Author: Property118.com Landlord News Team

5th May 2023, 3 years ago | 1

The number of build-to-rent (BTR) completions in the UK has slumped by 56% in a year – with the decline...

The postcodes where homes sell for 110% of the asking price

Author: Property118.com Landlord News Team

5th May 2023, 3 years ago | 0

Research shows that 99.7% of home sellers in England and Wales managed to achieve their home’s asking price over the...

Where house prices have rocketed by 25%

Author: Property118.com Landlord News Team

5th May 2023, 3 years ago | 0

Homeowners and landlords in one in five of the UK’s local authorities have seen the average rate of house price...

Rents hit another record high

Author: Property118.com Landlord News Team

4th May 2023, 3 years ago | 0

Rents across the UK have continued rising to a new high with the average being paid by tenants reaching £1,199,...

Rising rents force tenants to become first time buyers

Author: Property118.com Landlord News Team

3rd May 2023, 3 years ago | 3

While house price growth has slowed to 3%, the country’s high rents mean it is cheaper for tenants to buy,...

House prices rise after seven months of falls

Author: Property118.com Landlord News Team

2nd May 2023, 3 years ago | 0

The UK’s house prices rose 0.5% in April – after seven consecutive months of prices falling, Nationwide reports. The lender...