Property Market News

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...

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...