Property Market News

Homebuyers still need the PRS as many struggle to save

Author: Property118.com Landlord News Team

14th December 2022, 4 years ago | 0

Tenants who want to buy a home are having to rely on the Private Rented Sector (PRS) for longer, but...

Rents to rocket by 20% as landlords pay higher mortgage costs

Author: Property118.com Landlord News Team

14th December 2022, 4 years ago | 8

A grim prediction from the Bank of England is forecasting that rents will rocket by 20% because landlords could be...

Short term rentals trade body welcomes registration scheme

Author: Property118.com Landlord News Team

13th December 2022, 4 years ago | 0

Plans by the Government to introduce a registration scheme for short-term holiday lets have been welcomed by the Short Term...

Property prices continue falling as buyers watch and wait

Author: Property118.com Landlord News Team

12th December 2022, 4 years ago | 0

A bigger seasonal dip than usual has seen property prices continue their slide with sellers dropping the price on a...

Scotland set to see exodus of landlords

Author: Property118.com Landlord News Team

12th December 2022, 4 years ago | 2

Letting agents in Scotland say that 85% of their landlord clients are planning to leave the private rented sector (PRS)...

Agency says prime rental demand is ‘unprecedented’

Author: Property118.com Landlord News Team

9th December 2022, 4 years ago | 2

A leading lettings agency says that prime rental demand in the UK is running at an unprecedented level and is...

UK house prices fall – but rents go up

Author: Property118.com Landlord News Team

8th December 2022, 4 years ago | 11

House prices in the UK have continued to fall but rents, fuelled by falling supply and increasing demand, have risen,...

Strong BTL lending growth recorded by Paragon Bank

Author: Property118.com Landlord News Team

8th December 2022, 4 years ago | 0

Paragon Bank has revealed that it has increased its full-year buy-to-let lending by 18.2% to £1.9 billion on the back...

UK house prices dip by 2.3% – the biggest fall since 2008

Author: Property118.com Landlord News Team

7th December 2022, 4 years ago | 0

The UK’s house prices slipped by 2.3% in November which is the biggest monthly fall since October 2008, the Halifax...

Tories scrap mandatory housebuilding targets

Author: Property118.com Landlord News Team

7th December 2022, 4 years ago | 0

The Prime Minister, Rishi Sunak, has been forced to drop mandatory housebuilding targets in a bid to see off a...

House price growth slows to lowest in two years

Author: Property118.com Landlord News Team

1st December 2022, 4 years ago | 0

The UK’s annual house price growth slowed to 4.4% in November, down from 7.2% in October, data from Nationwide reveals....

Housing supply rises by 10% in England

Author: Property118.com Landlord News Team

25th November 2022, 4 years ago | 0

Housing supply in England for 2021 to 2022 has risen by 10% when compared with the year before, or by...

Rented home demand to remain strong as FTBs put off buying

Author: Property118.com Landlord News Team

25th November 2022, 4 years ago | 0

More than a million Brits under the age of 45 could rule themselves out of the first-time buyer market due...

Lender offers landlords £50m to help enhance energy efficiency

Author: Property118.com Landlord News Team

25th November 2022, 4 years ago | 0

Buy-to-let landlords who want to improve the sustainability of their investment properties can access a lending fund with lower mortgage...

UK sees house transactions rise by 2% in October

Author: Property118.com Landlord News Team

23rd November 2022, 4 years ago | 0

The number of UK house transactions increased by 2% in October to reach a seasonally adjusted total of 108,480, HMRC...

Will the Housing Market Crash in 2023?

Author: Ranjan Bhattacharya

22nd November 2022, 4 years ago | 1

Everyone is saying there will be a UK housing Market Crash in 2023, predicting that property prices will plummet. I’m...

UK house prices set to fall for the next two years

Author: Property118.com Landlord News Team

22nd November 2022, 4 years ago | 1

House prices in the UK are predicted to fall for the next two years before they will increase again, the...

Wealthy Londoners who can’t sell become ‘accidental landlords’

Author: Property118.com Landlord News Team

22nd November 2022, 4 years ago | 1

A growing number of wealthy Londoners who can’t sell their homes are becoming accidental landlords instead, a report has found....