Property Market News

Sellers under pressure after 11 months of falling demand

Author: Property118.com Landlord News Team

13th April 2023, 3 years ago | 1

Homebuyer demand has now been down for 11 consecutive months – with new properties and agreed sales also taking a...

Housing market picks up with prices rising in March

Author: Property118.com Landlord News Team

6th April 2023, 3 years ago | 1

The UK’s average house price grew by 0.8% in March, the second month running that prices have picked up after...

UK’s housing market is ‘defying expectations’

Author: Property118.com Landlord News Team

5th April 2023, 3 years ago | 0

Demand for homes in the UK is at the highest since last October as a strong labour market and falling...

House prices fall at their fastest rate in 14 years

Author: Property118.com Landlord News Team

31st March 2023, 3 years ago | 0

House prices in the UK have fallen at their fastest rate since July 2009, a major house price index reveals....

England’s hottest rental market is…

Author: Property118.com Landlord News Team

30th March 2023, 3 years ago | 0

Landlords with properties to rent in Cornwall currently have the nation’s hottest rental market, a rental demand index reveals. The...

Landlords selling up will keep rent inflation high

Author: Property118.com Landlord News Team

29th March 2023, 3 years ago | 4

The latest rental market report from Zoopla offers tenants little hope that rents will begin falling any time soon –...

Slowing market hits homebuying activity

Author: Property118.com Landlord News Team

29th March 2023, 3 years ago | 0

A slowing house market in the first quarter of the year has seen homebuyer activity drop by 22% compared to...

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Revealed: Chain-free property market hotspots

Author: Property118.com Landlord News Team

27th March 2023, 3 years ago | 0

There has been a rise in the availability in chain-free properties in 21 major cities, according to a new report....

Sellers slashing house prices within a month

Author: Property118.com Landlord News Team

24th March 2023, 3 years ago | 1

As the property market begins to cool, around one in 10 home sellers are slashing their asking price within 30...

Scotland’s property tax revenue has ‘collapsed’

Author: Property118.com Landlord News Team

24th March 2023, 3 years ago | 3

Scotland has seen its income from the Land and Buildings Transaction Tax (LBTT) on residential sales collapse this year with...

UK house prices fall between December and January

Author: Property118.com Landlord News Team

22nd March 2023, 3 years ago | 0

The average UK house price fell 1.1% between December and January, the latest Office for National Statistics (ONS) house price...

Revealed: The imbalance of the property market

Author: Property118.com Landlord News Team

22nd March 2023, 3 years ago | 0

Rental stock accounts for just 5% of available homes in some areas of England, according to new research. The findings...

February sees the lowest property sales in a decade

Author: Property118.com Landlord News Team

21st March 2023, 3 years ago | 0

Data published by HMRC show that non-seasonally adjusted property sales were up 2% from January, to 76,920 in February –...

House prices in Scotland start to flatline

Author: Property118.com Landlord News Team

2nd March 2023, 3 years ago | 0

Scotland’s average house price is flattening – but some property types have not yet peaked, one firm of lettings and...

Home sellers are forced to slash prices to find buyers

Author: Property118.com Landlord News Team

28th February 2023, 3 years ago | 0

Home sellers are having to slash asking prices in a bid to find a buyer, one house price index reveals....

Landlords selling up take a 30% hit to quickly exit the sector

Author: Property118.com Landlord News Team

21st February 2023, 3 years ago | 4

One property auction firm says that more than a third (38%) of their current lots are from buy-to-let investors looking...

Fed-up landlords leaving the PRS push up rents

Author: Property118.com Landlord News Team

10th February 2023, 3 years ago | 3

The number of available rental properties fell by 7.8% last year, compared to 2021, and by more than 25% since...

Landlords continue to sell up and leave the PRS – and house prices fall

Author: Property118.com Landlord News Team

9th February 2023, 3 years ago | 1

The latest report from RICS makes for grim reading for landlords and homeowners with news that sales and house prices...