Property News

Exodus of PRS landlords picks up pace

Author: Property118.com Landlord News Team

16th August 2023, 3 years ago | 32

There are signs that a potentially larger-than-anticipated property sell-off among the nation’s landlords is underway, Bloomberg reports. Using an analysis...

Government will fall short of its one million new homes target

Author: Property118.com Landlord News Team

9th August 2023, 3 years ago | 1

The government is unlikely to deliver the one million new homes it promised by the end of this Parliament, according...

Second and empty homes in Scotland could face big council tax increases

Author: Property118.com Landlord News Team

28th July 2023, 3 years ago | 0

A leading industry body has urged the Scottish government not to raise council tax premiums for second and empty homes....

Government pledges to meet its 1 million new homes plan

Author: Property118.com Landlord News Team

24th July 2023, 3 years ago | 5

The Prime Minister Rishi Sunak has revealed that the Government will meet its manifesto pledge to build 1 million new...

Foreign owned homes in London worth £55.2bn

Author: Property118.com Landlord News Team

14th July 2023, 3 years ago | 0

Foreign homeowners have £84.2bn worth of property across England and Wales, according to a new report. Letting agents Benham and...

MPs believe empty homes could help solve housing crisis

Author: Property118.com Landlord News Team

13th July 2023, 3 years ago | 11

MPs are calling on the government to turn empty buildings into affordable homes. The group of MPs believe turning commercial...

High interest rates drive down property sales

Author: Property118.com Landlord News Team

12th July 2023, 3 years ago | 0

Property sales are falling across the country due to rocketing interest rates, according to new research. Data from House Buyer...

Holiday homes worth billions in England and Wales

Author: Property118.com Landlord News Team

12th July 2023, 3 years ago | 0

New research reveals there are £21 billion worth of holiday homes in England and Wales. Letting agents Barrow and Forrester...

Number of home sales halved since last year

Author: Property118.com Landlord News Team

10th July 2023, 3 years ago | 0

Transaction levels have plummeted by -54% this year, according to a new report. Research by letting agents Barrows and Forrester,...

House prices cooling amid high interest rates

Author: Property118.com Landlord News Team

7th July 2023, 3 years ago | 0

Average house prices fell by -0.1% in June, Halifax’s third consecutive monthly fall. Its latest House Price Index reveals house...

True cost of housing reaches record breaking high

Author: Property118.com Landlord News Team

7th July 2023, 3 years ago | 2

Housing affordability is at its worst in decades, according to new research. According to House Buyer Bureau, today’s homebuyers have...

Are you committed to becoming financially free?

Author: Simon Zutshi

27th June 2023, 3 years ago | 0

Are you serious about replacing your earned income with passive income from property? There are proven ways of reducing the...

Crackdown urged on London’s surging holiday lets

Author: Property118.com Landlord News Team

20th June 2023, 3 years ago | 3

A report revealing a significant increase in second home registrations in London has prompted leading figures to call for government...

Mortgage rate rises cause summer slowdown

Author: Property118.com Landlord News Team

19th June 2023, 3 years ago | 0

Average new seller asking prices fallen for the first time this year, the Rightmove House Price Index reveals. New seller...

Weekly rents in London reach record breaking high

Author: Property118.com Landlord News Team

19th June 2023, 3 years ago | 0

New figures reveal Londoners are having to pay £600 a week for rent. Figures from Foxtons reveal that average weekly...

Is the short-term lets market to blame for the housing crisis?

Author: Property118.com Landlord News Team

16th June 2023, 3 years ago | 1

We all hear about the rise in short-term lets, and how it might be to blame for the housing crisis...

Allotment land could help build more homes

Author: Property118.com Landlord News Team

15th June 2023, 3 years ago | 13

England’s allotments could provide space for 200,000 new homes, according to new research. Figures from development site sourcing specialists Searchland...

Revealed: The most affordable regions to rent

Author: Property118.com Landlord News Team

14th June 2023, 3 years ago | 3

The North East is the most affordable region to rent in the UK, according to new data. Figures from Paragon...