Page 136 – Property118
Young woman worried about housing costs with coins and model house on table

Young homeownership on the rise – but inequality widens

6th January 2025

Young millennials are more likely to own homes than older millennials were at the same age, but rising homeownership rates are largely benefiting wealthier households, research reveals. According to Resolution Foundation, homeownership rates among young people have increased since 2015 but the gap between rich and poor homeowners is widening. Middle and upper-income households have […]

Model house with cracks and plasters symbolising home insurance protection

The importance of building insurance for landlords

6th January 2025

When renting out a property, you need to be careful of several risks. Imagine your property being damaged by a fire, flood, or even a car collision – and worst of all, not having the proper insurance to cover the costs. Here at Property118, we’ve teamed up with The Home Insurer for building insurance that […]

Knight-themed Landlord Crusader logo symbolizing landlord advocacy

2025: A perfect storm for landlords AND tenants?

3rd January 2025

Oh, dear. It’s 2025 and the private rented sector is set for one of its biggest upheavals in years – possibly decades. Landlords are facing unprecedented challenges, thanks to the Renters’ Rights Bill and EPC deadline nonsense, but there’s more for small landlords, in particular, to consider. If you are a tenant reading this, then […]

Estate agent holding house model with "Just Sold" sign, symbolizing property sales in 2024

Revealed: Where most homes sold in 2024

3rd January 2025

Estate agents in Scotland sold the most homes in 2024, with next year to be busy due to stamp duty changes. According to GetAgent, Scotland tops the table with 54,428 transactions, accounting for 15% of the national total. The South East sits second with the region having accounted for 14% of all transactions with the […]

Heat pump with poor energy rating and rising costs warning

Landlords warned against costly EPC upgrades

3rd January 2025

Landlords are being warned not to rush into installing heat pumps as a solution to improve their rental properties’ Energy Performance Certificates (EPCs). While the government strongly promotes heat pump adoption, analysis reveals that these systems may not always translate to higher EPC ratings and could significantly increase running costs. The data from the energy […]

Rising UK house prices in 2024 shown with Nationwide growth chart

UK house prices end 2024 with strong growth – Nationwide

3rd January 2025

The UK’s house prices ended 2024 on a positive note, with a 4.7% increase compared to December 2023, Nationwide reports. It says this growth, while strong, kept prices slightly below the peak reached in the summer of 2022. Despite the ongoing affordability challenges, including high mortgage rates and deposit hurdles, the housing market demonstrated resilience […]

Person walking into stormy waves with flying papers, symbolizing turbulent property market in 2025.

The key areas for property investors to watch in 2025

3rd January 2025

The UK’ property investors will be facing a turbulent year, navigating a complex landscape of economic and political headwinds, one expert predicts. Tom Brown, the managing director of real estate at Ingenious, a specialist investment platform, says: “The rental market is expected to maintain strong momentum as homeownership remains difficult for many. “The discontinuation of […]

Construction worker reviewing building plans in front of high-rise with Welsh flag

Propertymark guides Welsh agents on new building safety rules

3rd January 2025

Propertymark has collaborated with the Welsh government to produce an in-depth guide on building safety for letting agents operating in Wales. The guide aims to help agents understand the new rules and how they impact freeholders, leaseholders, renters, homebuyers and sellers. The Welsh government is implementing new requirements for multi-occupied residential buildings, regardless of height, […]

Movers carrying a wrapped sofa into a house with boxes around

Homeowners stay nine years on average before selling

3rd January 2025

Homeowners who sold their home in the last 18 months, spent an average of nine years in their previous home, according to Zoopla. The property portal shows two peaks in seller activity over the last eighteen months, with a third (33%) of sales taking place after homeowners have been in their homes for three to […]

Businessman walking through doorway into bright 2025 housing market with sold sign

Positive property market for 2025 as stamp duty changes drive surge in transactions

2nd January 2025

The majority of letting agents (76%) believe 2025 will be a positive year for the property market, but the looming stamp duty deadline means buyers will need to act quickly to complete before costs rise. According to GetAgent, with mortgage approvals on the rise and more buyers entering the market, house prices are expected to […]

UK house prices rise in 2024 while London market declines

House prices surge across the UK but London struggles with sharp decline

2nd January 2025

House prices rise across the UK in 2024, but London sees a dramatic drop, according to Yopa. According to the estate agents, house prices across the UK as a whole have risen by 5.1%. However, London experienced the worst-performing property market in 2024, with house prices falling by 14.5%. House prices rise in Northern Ireland […]

Man questioning UK property market outlook with futuristic city and burning buildings backdrop.

The Shocking Reality of UK Property in 2025

2nd January 2025

The Shocking Reality of UK Property in 2025: Boom or Bust? What should your property investing strategy be? Click on the Video Below Also join us at the next Baker Street Property Meet Tues 30th April: Network with 300+ property investors at the UK’s No 1 Property Networking Event Book your place now: https://www.bakerstreetpropertymeet.com/

Question mark with house model, retirement sign, and buy-to-let tag symbolising landlord retirement options

Would a partnership with 29 tenancies be able to claim retirement relief?

2nd January 2025

We’ve been working at our property rental business since the 80’s and now have 24 flats and an HMO with 5 tenants. I had hoped to move them into a limited company but thanks to Dan Neidle that’s no longer an option. My husband has Parkinson’s and I just can’t handle it all as I […]

Rising stacks of coins with percentages and arrow symbolizing property value growth from inflation

Why Inflation Is a Property Investor’s Best Friend

2nd January 2025

When we hear about inflation in the news, it’s often portrayed as a negative force making everyday items more expensive and reducing the purchasing power of money. However, for property investors, inflation can be a powerful ally in building wealth. Let’s break down why. What Is Inflation? Inflation is the rate at which prices for […]

Hand holding a wooden house with EPC energy rating chart and green leaves symbolizing efficiency

Landlords could boost profits with EPC upgrades

2nd January 2025

With more landlords offering bills-included rentals, improving a property’s EPC rating could help boost profit margins, says epIMS. The energy-efficiency platform claims that 14% of all current rental properties on the market offer the cost of bills included within the monthly asking rent – a jump from 12% last year. The platform claims for those […]

Modern empty home in Scotland with kitchen and living area

Scottish empty homes could help tackle housing crisis

2nd January 2025

The Scottish Empty Homes Partnership (SEHP) claims the Scottish government must do more to tackle the empty homes crisis. According to Scottish government figures, a total of 43,538 homes in Scotland have been empty for more than six months, with 73% of those having been empty for more than twelve months. The SEHP suggests that […]

Keir Starmer at a Labour campaign event with supporters holding red signs and Union Jack flags

Labour’s EPC push leaves Keir Starmer facing a £28,000 home renovation bill

31st December 2024

Labour’s plans to compel private sector landlords to meet strict energy performance certificate (EPC) targets have left Sir Keir Starmer facing a potential renovation bill of up to £28,000 for his own rental property. Since moving into 10 Downing Street, the Prime Minister has been renting out his £2 million four-bedroom North London townhouse. However, […]

Sadiq Khan knighthood controversy with petition and public backlash illustrated

Sadiq Khan’s knighthood sparks outrage amid claims of ‘reward for failure’

31st December 2024

Sadiq Khan has been handed a knighthood in the New Year Honours, igniting a storm of criticism over what some are calling a ‘reward for failure’. The Mayor of London, formerly a Labour MP, received the accolade in the first round of honours since Keir Starmer became Prime Minister. But an online petition against the […]

Stick figure burdened with rent costs tied to a house and money bag symbol

Call to build more rented homes as tenants struggle to pay rent

31st December 2024

Nearly two-thirds of workers living in private rented housing struggle to pay their rent, a poll by Shelter reveals. Only 32% of workers said they could keep up with rent payments without difficulty, with 40% sometimes struggling and 23% constantly struggling. Also, 3% say they are falling behind on payments. Invest billions in social housing […]

Estate agent boards outside rental properties in London highlighting demand in the private rental sector

PRS is still ‘broken’ despite slower rent growth, charity warns

31st December 2024

The private rented sector (PRS) remains ‘broken’ according to the debt charity StepChange, despite recent signs of a cooling market. While recent Rightmove figures point to a slowing in rent growth, the charity warns that many tenants are still struggling to keep up with rising costs and facing severe financial difficulties. The charity is calling […]

Stacks of coins with plants beside a model house and sold sign, symbolizing rising house prices.

House prices edge upward as market shows signs of recovery

31st December 2024

House prices in England and Wales saw a modest increase in November, rising 0.2% to an average of £358,800, e.surv reveals. This marks the second consecutive month of price growth, signalling a potential shift in the housing market. Despite the recent uptick, prices remain 1.5% lower than in November 2023. House prices are still more […]