Property Market News

House price crash ‘looks increasingly unlikely’

Author: Property118.com Landlord News Team

12th January 2023, 3 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, 3 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, 3 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, 3 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, 3 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, 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,...