Property Market News

Landlord Accreditation Scheme closing?

Author: Readers Question

10th January 2023, 3 years ago | 4

Hello, I’m interested in what your opinions are about this. I’ve received an email from my local Accreditation Scheme, advising...

2023’s housing market will be ‘calmer’

Author: Property118.com Landlord News Team

10th January 2023, 3 years ago | 0

2023’s housing market will be a lot calmer than has been seen in the last two years because the economic...

House sale profits exceed £100k for the first time

Author: Property118.com Landlord News Team

9th January 2023, 3 years ago | 0

Despite a slowing market and a recent drop in prices, it has been revealed that house sellers are racking up...

The UK’s house price hotspot is revealed

Author: Property118.com Landlord News Team

6th January 2023, 3 years ago | 0

According to Rightmove, average asking prices for homes were 5.6% higher across Great Britain at the end of 2022 than...

Letting agents predict 2023 will be tough for tenants

Author: Property118.com Landlord News Team

6th January 2023, 3 years ago | 0

The private rented sector (PRS) will endure a tough 2023 with rising rents and more tenants falling into arrears, the...

The UK’s house prices continue to fall

Author: Property118.com Landlord News Team

6th January 2023, 3 years ago | 2

Average house prices in the UK have fallen for the fourth consecutive month with the prospect that an annual price...

Cost of living crisis hits rental demand

Author: Property118.com Landlord News Team

5th January 2023, 3 years ago | 7

Tenant demand is starting to fall across England with some areas seeing demand falling by up to -29%, research reveals....

Rental market remains steady with high demand

Author: Property118.com Landlord News Team

5th January 2023, 3 years ago | 0

The lack of homes to rent and strong tenant demand has helped the rental market remain steady in December –...

Record number of sellers leads to a ‘Boxing Day bounce’

Author: Property118.com Landlord News Team

5th January 2023, 3 years ago | 2

The number of new sellers putting their home on the market on Boxing Day leapt by 46% compared with the...

Demand for London’s rental homes is ‘unseasonably high’

Author: Property118.com Landlord News Team

4th January 2023, 3 years ago | 0

Tenant demand for homes to rent in London is ‘unseasonably high’ but rent rises are beginning to slow down, one...

Paragon unveils 5-year fixes and re-prices SVR

Author: Property118.com Landlord News Team

3rd January 2023, 3 years ago | 3

Paragon Bank has announced the launch of four 5-year fixed rate buy-to-let mortgages, featuring reduced rates and fees, alongside the...

Rents predicted to rocket by 12.9% in 2023

Author: Property118.com Landlord News Team

3rd January 2023, 3 years ago | 5

Not only will demand for rental property in the UK remain high in 2023 – but rents will rocket by...

Affordability will hit tenant demand and rent rises in 2023

Author: Property118.com Landlord News Team

29th December 2022, 3 years ago | 3

The prospect for big rent rises in 2023 is slim with affordability already hitting a tenant’s ability to pay rent,...

70,000 BTL landlords exited the PRS this year

Author: Property118.com Landlord News Team

28th December 2022, 3 years ago | 19

An accountancy firm says that 70,000 buy-to-let landlords have exited the UK’s rental market over the last 12 months. UHY...

Property market predictions for 2023

Author: Property118.com Landlord News Team

28th December 2022, 3 years ago | 1

With signs that the UK’s property market is cooling, experts from across the property sector have shared their thoughts on...

House prices to fall by 5% in 2023 – Nationwide

Author: Property118.com Landlord News Team

21st December 2022, 3 years ago | 2

Strengthening economic headwinds will hit market momentum and house sales to push property prices down by 5% in 2023, Nationwide...

Help for agents to navigate new Welsh housing laws

Author: Property118.com Landlord News Team

20th December 2022, 3 years ago | 0

Updated training is now available for letting agents in Wales to help them navigate the Renting Homes (Wales) Act and...

Property leaders urge Michael Gove to address PRS pressures

Author: Property118.com Landlord News Team

16th December 2022, 3 years ago | 9

Leading members of the property sector have written to Michael Gove calling on him to address the unsustainable pressures on...