Property News

Interest rate rise CRISIS – May 2023 update

Author: Simon Zutshi

16th May 2023, 3 years ago | 0

On Thursday the Bank of England, Monetary Policy Committee voted 7 to 2 to raise the base interest rate to...

I want my land back but will the council let me have it?

Author: Readers Question

15th May 2023, 3 years ago | 13

Hello, The footpath that runs along the side of my house is on my deeds. This was left as a...

Property Investors Awards Winner Xuan Meng

Author: Property118.com Landlord News Team

10th May 2023, 3 years ago | 2

From finance to the property world, Xuan Meng’s journey has seen her build a £10 million property portfolio since 2018....

Did you miss the Property Investor Show?

Author: Simon Zutshi

3rd May 2023, 3 years ago | 0

Almost two weeks ago the team from Property118, along with all the big names in the property industry were exhibiting...

Property prices rocket in Scotland over the last decade

Author: Property118.com Landlord News Team

2nd May 2023, 3 years ago | 0

Scottish house prices have rocketed by 50% over the last decade, according to a leading property firm. The findings from...

Revealed: Cheapest place to rent in the UK

Author: Property118.com Landlord News Team

28th April 2023, 3 years ago | 0

Average monthly room rents in London now cost a staggering £952, according to a flatshare website. Spareroom reveals that nearly...

Landlords and letting agents are a ‘perfect match’

Author: Property118.com Landlord News Team

24th April 2023, 3 years ago | 2

Landlords who are concerned over upcoming regulations should consider using letting agents, one firm says. The automated rental payment service...

Scottish legislation is driving landlords out

Author: Property118.com Landlord News Team

24th April 2023, 3 years ago | 2

Legislation by the Scottish government is pushing landlords out of the sector, a leading industry body claims. According to research...

Propertymark calls for council tax reforms

Author: Property118.com Landlord News Team

17th April 2023, 3 years ago | 1

A leading industry body has called on the government to change council tax housing banding for HMOs. Propertymark has submitted...

Room rents reach record high in London

Author: Property118.com Landlord News Team

14th April 2023, 3 years ago | 0

For the first time ever there’s not a single London postcode with an average monthly room for rent at less...

Property sales ‘plummet’ after interest rate rises

Author: Property118.com Landlord News Team

30th March 2023, 3 years ago | 0

Property sales have plummeted by up to 40% in some areas of the UK, according to new research. The findings...

More than half of rents in the PRS have risen in the last year

Author: Property118.com Landlord News Team

29th March 2023, 3 years ago | 10

“Runaway rents” are crushing the finances of tenants, according to Hargreaves Lansdown. A report by the Office for National Statistics...

Large unexpected rise in buy-to-let mortgages

Author: Property118.com Landlord News Team

29th March 2023, 3 years ago | 2

While the mortgage market might be declining, buy to let investors and those remortgaging have delivered the largest uptick in...

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Revealed: Chain-free property market hotspots

Author: Property118.com Landlord News Team

27th March 2023, 3 years ago | 0

There has been a rise in the availability in chain-free properties in 21 major cities, according to a new report....

Housing market shows signs of ‘green roots’

Author: Property118.com Landlord News Team

21st March 2023, 3 years ago | 2

As Spring approaches, one organisation says that the housing market is showing signs of ‘green roots’. The Guild of Property...

Housing market shows cautious signs of recovery

Author: Property118.com Landlord News Team

20th March 2023, 3 years ago | 0

Optimistic home sellers are not being deterred by rising mortgage rates and a property market slowdown, Rightmove reports. In its...

Converting commercial property to residential – investors warned to be wary

Author: Property118.com Landlord News Team

20th March 2023, 3 years ago | 0

An industry body has issued caution on converting commercial properties into residential homes. Propertymark has responded to an All-Party Parliamentary...

Unexpected bounce in UK’s February house prices

Author: Property118.com Landlord News Team

7th March 2023, 3 years ago | 1

The UK’s house prices showed an unexpected increase of 1.1% in February from January’s price, says Halifax. The bank highlights...