Property News

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...

Build to rent is UK’s fastest growing housing sector

Author: Property118.com Landlord News Team

2nd March 2023, 3 years ago | 3

Build to rent (BTR) is growing more rapidly than any other housing sector, according to a new report. The British...

House prices fall for the first time since June 2020

Author: Property118.com Landlord News Team

1st March 2023, 3 years ago | 0

The UK’s house prices have recorded their first annual fall since June 2020 after dropping by 1.1% year-on-year in February,...

Landlords lose out as the UK’s housing wealth hits £8.68trn

Author: Property118.com Landlord News Team

27th February 2023, 3 years ago | 0

The total value of the UK’s homes reached a new record last year at £8.68 trillion, research reveals. The findings...

Non-freehold tenants do not feel safe in their own home

Author: Property118.com Landlord News Team

27th February 2023, 3 years ago | 1

New research shows that four in 10 non-freehold tenants do not feel completely safe in their homes. A national sample...

Call for a rent freeze because ‘landlords can afford it’

Author: Property118.com Landlord News Team

24th February 2023, 4 years ago | 79

An open letter has been signed by rent activists, trade unions and several Labour Mayors, including Sadiq Khan, calling for...

Unoccupied Property Insurance?

Author: Readers Question

24th February 2023, 4 years ago | 5

Hello, we have tenants who will be leaving a property and the property has now been listed for sale. We...

Selling homes for £1 is a ‘politically-led housing gimmick’

Author: Property118.com Landlord News Team

22nd February 2023, 4 years ago | 1

A promise to sell homes that have been empty for a long time for just £1 by Scottish Labour has...

Rent yields outstrip house price rises

Author: Property118.com Landlord News Team

21st February 2023, 4 years ago | 1

The UK’s highest average rental yields are in Bradford where they currently stand at a massive 11.06%, according to a...

Buyer demand up but house prices remain static

Author: Property118.com Landlord News Team

20th February 2023, 4 years ago | 1

The number of agreed sales is returning to near 2019 levels having recovered strongly from a 30% drop in the...

Rising demand causes mismatch with 11 tenants chasing every 10 properties

Author: Property118.com Landlord News Team

17th February 2023, 4 years ago | 1

The number of people looking to rent rose sharply in January, according to a new report. Information from the Propertymark...

Official ONS report on house price inflation

Author: Property118.com Landlord News Team

16th February 2023, 4 years ago | 0

Average UK house prices reached £294,000 in December 2022 – £26,000 higher than 12 months ago, according to the Office for...