Property Market News

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, 4 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, 4 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, 4 years ago | 1

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

Halifax says that UK house prices have stabilised

Author: Property118.com Landlord News Team

7th February 2023, 4 years ago | 0

After four months of house prices falling in the UK, Halifax says they have begun to stabilise. In its latest...

Santander predicts a 10% house price fall this year

Author: Property118.com Landlord News Team

6th February 2023, 4 years ago | 2

Santander is predicting a 10% drop in UK house prices this year – and they could return to 2021 levels. ...

HMO market in England shrinks by 21,000 properties

Author: Property118.com Landlord News Team

3rd February 2023, 4 years ago | 4

England’s house in multiple occupation (HMO) market is still shrinking despite a growing need for affordable rental accommodation, a survey...

Voids reach the highest level in two years

Author: Property118.com Landlord News Team

2nd February 2023, 4 years ago | 0

Rent prices increased in January but voids have reached their highest level since 2021, data from Goodlord reveals. The firm...

House prices continue to fall – Nationwide

Author: Property118.com Landlord News Team

1st February 2023, 4 years ago | 0

House prices have now fallen for the fifth consecutive month, Nationwide says. Its latest house price index reveals that in...

Tenant demand in central London bounces back

Author: Property118.com Landlord News Team

1st February 2023, 4 years ago | 0

Landlords with properties in central London have reported the highest levels of tenant demand across England and Wales, research from...

How long will the housing market slump last?

Author: Property118.com Landlord News Team

31st January 2023, 4 years ago | 5

Falling house prices will only last a couple of months, according to a new report. The findings from GetAgent reveal...

Sellers will have to cut prices as buyers ‘wait-and-see’

Author: Property118.com Landlord News Team

30th January 2023, 4 years ago | 0

Home buyers are holding off from entering the market and are now waiting to see if house prices and mortgage...