Property Market News

New rental homes account for just 16% of the total available

Author: Property118.com Landlord News Team

13th January 2023, 4 years ago | 4

Of the total number of available homes to rent in the UK, just 16% came to the market in the...

Scotland looks set to extend rent freeze and eviction ban

Author: Property118.com Landlord News Team

13th January 2023, 4 years ago | 17

Landlords and property investors in Scotland have hit out after the Scottish Government recommended that the current rent freeze and...

Janet Finch-Saunders: Welsh tenants are being let down by their Government

Author: Property118.com Landlord News Team

13th January 2023, 4 years ago | 11

Not only has the Welsh MS Janet Finch-Saunders branded the new tenancy laws in Wales as a ‘disaster’ for landlords...

Housing market will be hit by strike action at Registers of Scotland

Author: Property118.com Landlord News Team

12th January 2023, 4 years ago | 0

Scotland’s housing market will slow down at a time when it is already facing delays after the Public and Commercial...

House prices drop by up to £315,000 after disastrous mini-Budget

Author: Property118.com Landlord News Team

12th January 2023, 4 years ago | 0

The worst hit area after the disastrous mini-Budget saw its house values being slashed by up to £315,000, research reveals....

House price crash ‘looks increasingly unlikely’

Author: Property118.com Landlord News Team

12th January 2023, 4 years ago | 3

After several real estate firms, lenders and property platforms predicted that house prices would fall in 2023 by up to...

Bank of England orders lenders to be ‘ready for a prolonged period of credit stress’

Author: Jonathan Chapman

11th January 2023, 4 years ago | 0

The executive director of the Bank of England financial watchdog, David Bailey, has warned that the Bank of England intends...

Shelter says 271,000 people were homeless in 2022

Author: Property118.com Landlord News Team

11th January 2023, 4 years ago | 14

The homeless charity Shelter says there were ‘at least’ 271,000 people who were homeless on any given night last year...

Open letter calls for action to deal with ‘housing crisis’

Author: Property118.com Landlord News Team

11th January 2023, 4 years ago | 7

An open letter has been published urging the government and local authorities to deal urgently with a ‘housing crisis’ in...

Rents are growing at fastest rate in seven years

Author: Property118.com Landlord News Team

10th January 2023, 4 years ago | 1

Tenants are seeing rents growing at their fastest rate since 2016 when records began, says the Office for National Statistics...

Landlord Accreditation Scheme closing?

Author: Readers Question

10th January 2023, 4 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, 4 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, 4 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, 4 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, 4 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, 4 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, 4 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, 4 years ago | 0

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