Page 112 – Property118
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UK house price growth slips in April

30th April 2025

The pace of UK house price increases slowed in April, with the annual growth rate dropping to 3.4% from 3.9% in March, Nationwide reveals. Its latest data shows that property values fell by 0.6%, from March with the average home now priced at £270,752. The slowdown follows adjustments to stamp duty introduced at the beginning […]

A picture of Angela Rayner in front of a wooden outline of a house and the text I quit

Angela Rayner resignation rumours emerge over Labour’s 1.5 million homes pledge

30th April 2025

Angela Rayner, the deputy Prime Minister and Housing Secretary, reportedly “threatened to resign” over Labour’s flagship pledge to build 1.5 million homes, describing it as an “impossible target,” according to the Daily Mail. The claim appears in the updated edition of Red Flag, Lord Ashcroft’s biography of Prime Minister Keir Starmer, which alleges that it […]

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Soaring housing costs dampen renter dreams of homeownership

30th April 2025

Nearly two-fifths (38%) of UK renters point to the hefty deposit required for a home as a major obstacle to owning property, according to Barclays Property Insights. Beyond this, tenants say that additional expenses such as stamp duty, legal fees and property surveys significantly inflate the cost of purchasing a home. Recent buyers report spending […]

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PRS faces crisis as just one-in-five landlords plan to remain

30th April 2025

A looming shortage of rental properties threatens the private rented sector as a significant portion of landlords prepare to offload their investments, a study reveals. The news comes just a day after the peer Lord John Bird claimed that fears of a landlord exodus are ‘unfounded’. According to a study by Pegasus Insight, 37% of […]

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Most renters enjoy positive landlord relationships – Aldermore

30th April 2025

It might go against the mainstream media narrative, but a survey has found that 66% of renters enjoy a constructive and amicable relationship with their landlord. The findings from Aldermore highlight robust communication channels, with 77% of tenants reporting effective dialogue with their landlords. Only 13% described their relationship as unfavourable, while the remainder viewed […]

Many model houses surrounded with yellow arrows pointing upwards and a for rent sign

Peer denies there is a landlord exodus from the PRS

29th April 2025

A leading independent peer says that fears of a landlord exodus are ‘unfounded’ and he is calling for the landlord-tenant scales of power to be rebalanced ‘urgently’. Lord John Bird, the founder of Big Issue and a crossbench peer, was speaking out after Rightmove data highlights more rented homes are coming to the market. He […]

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Meeting a potential tenant at their current home?

29th April 2025

Hello, my current tenant at my last and only let property is leaving to buy a property and for various reasons I can’t sell. When she was talking to a friend, she learned that her friend’s daughter is looking to move to the village to be close to her family. My tenant showed her the […]

Scottish Parliament

Scottish Greens propose tenants withhold rent until repairs are carried out

29th April 2025

Ariane Burgess, a Scottish Green MSP, has introduced an amendment to the Housing (Scotland) Bill, empowering tenants to withhold rent if landlords fail to address property maintenance within 30 days of notification. She says the measure aims to ensure private rented homes meet safe living standards. The proposal targets urgent issues like damp, mould, faulty […]

Justice scales and hammer, Evicition notice and expect delays text

Eviction delays soar as Renters’ Rights Bill threatens to overload courts

29th April 2025

Landlords are struggling with eviction delays of more than eight months, amid warnings that the Renters’ Rights Bill will make matters worse, The Telegraph claims. According to government data, private landlords faced an average wait of around eight months to repossess a property in the final quarter of last year, with the average wait over […]

A soaring rocket with a house on its back and the text Rent with a yellow background

Rents hit record highs amid rising supply and cooling demand

29th April 2025

Rents across the UK have surged to new highs with the average advertised rent for properties outside London climbing to £1,349 this quarter, Rightmove reveals. The property platform says that prices in the capital have edged up by a modest £3, or 0.1%, to £2,698, marking a 14th consecutive record. Despite these highs, the growth […]

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Slower house price growth but sales rise – Zoopla

29th April 2025

The property market is experiencing a cooling in house price rises, with annual growth dropping to 1.6% in March from 1.9% at the close of 2024, research reveals. According to Zoopla’s latest house price index, the market remains resilient, despite the slowdown. There was a 6% rise in agreed sales compared to last year, driven […]

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NRLA hits out as Labour appeals for more landlords to house asylum seekers

28th April 2025

In a bid to address the escalating number of migrants crossing the Channel, the Home Office has intensified efforts to secure private rental properties for asylum seekers on lucrative tenancy deals. The initiative, led by contractor Serco, offers landlords guaranteed five-year leases at full rent, funded by taxpayers, to accommodate the growing number of arrivals. […]

A man looking bewildered with an Eviction notice sign and a question mark in a red bubble sign

How does Breathing Space affect my ability to evict a non-paying tenant?

28th April 2025

Hi, in March 2024, I was granted Power of Attorney for my 83-year-old friend with dementia. I later discovered that her tenant next door had not been paying rent to her. I believe it is because the tenant realised my lovely 83yr old wouldn’t be able to spot the fact no rent was going in […]

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How can leaseholders afford urgent roof repairs?

28th April 2025

Hi, I own a single tenanted unit in a block of 30 flats where 90+% of the leaseholders also own a share of the freehold. The building roof is leaking and requires significant urgent remedial work, as some flats are now so damaged that the residents have been forced to move out. Many of the […]

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England and Wales HMO market generates £6.3 billion in rent

28th April 2025

The house in multiple occupation (HMO) sector across England and Wales is worth £78 billion and yields an impressive £6.3 billion in rent annually. That’s according to HMO management platform, COHO, which has analysed Office for National Statistics data. It estimates there are 182,554 HMO properties and 74% of these are classified as ‘small’ HMOs, […]

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Renters’ Rights Bill threatens student housing supply – NRLA

28th April 2025

The National Residential Landlords Association (NRLA) has raised the alarm over government proposals that could shrink the availability of student accommodation. It warns that could potentially drive up rents and unsettle the annual rental cycle for university students. During the Committee Stage of the Renters’ Rights Bill, Baroness Taylor of Stevenage, the House of Lords’ […]

A home in a lake with a red umbrella, the text rejected and a stormy background

Insurers rejecting storm and flood claims as landlords face flood insurance challenges

28th April 2025

A new report by consumer group Which? reveals insurers are rejecting weather-related claims such as storms and floods – and that’s making it harder for landlords to find this type of insurance. The consumer group says home insurance policies are using potentially unfair definitions of storms and floods to reject claims made by customers who […]

A picture of Sarah Elliot the new CEO of Shelter

Shelter announces new CEO who aims to deliver change

28th April 2025

Housing charity Shelter has unveiled its new CEO, after Polly Neate stood down from the role after seven years. Sarah Elliot, currently the chief executive of the National Council for Voluntary Organisations (NCVO), England’s largest membership organisation for the voluntary sector, is set to take on the role of CEO at Shelter in September. Ms […]

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Millionaires flee London and put homes up for rent

28th April 2025

London’s luxury property sector is undergoing a dramatic transformation, driven by an exodus of wealthy residents ahead of April’s abolition of the non-dom tax regime. As high net worth (HNW) individuals depart, many are choosing to rent out their prestigious homes rather than sell. And that, says Garrington Asset Management, is sparking a sharp rise […]

Cannabis plants seized behind police barrier in rental property

Landlords hit with hefty repair costs after huge cannabis operation busted

28th April 2025

Landlords paid the price after three men were sentenced for using rented properties for cannabis farming. The convictions come after a police investigation targeted illegal drug production in residential properties. The trio used a property management firm to set up 75 cannabis farms across Leeds with 7,636 plants, weighing 458kg, with an estimated street value […]