The UK’s housing market is forecast to experience a subdued year in 2024, with average house prices expected to decline slightly by -2.6%, a new analysis reveals. The firm also says that its analysis shows that since the base rate was held at 5.25% in September 2023, the average house price has fallen at an […]

Coventry Building Society is urging the government to reform Stamp Duty after a significant drop in property transactions – including buy to let purchases – during the first quarter of 2024. HMRC figures show there were only 192,500 property transactions since January – the first time the number has dipped below 200,000 since the temporary […]

Backbench Tory MPs are threatening to rebel against the government’s leasehold reform bill. More than 30 MPs including the former Housing Minister Robert Jenrick want to see the leasehold system scrapped altogether. In a letter to the Chancellor seen by Sky News, Conservative backbenchers urged the government to scrap ground rent on leasehold properties. End […]

Now that the Renters (Reform) Bill is heading to the Lords, I’m struck by the lack of celebration by landlords everywhere. Not even our critics are happy – Shelter says it has ‘disowned’ the Bill. It is nice to see the government tick off both sides of the debate with legislation that is literally a […]

Homelessness charity Shelter is calling for all political parties to commit to building 90,000 affordable social homes every year – with rents that are tied to local incomes. It says the move will deliver a ‘lasting and ultimate solution to homelessness’. Shelter is also pushing for the Renters (Reform) Bill amendments to be ditched – […]

Hi, my house has been let for several years to a tenant who has expressed an interest in buying it. I do not want to sell it at this moment in time and have advised them of this. I am now changing letting agencies. The contract with the first states that they are entitled to […]

Landlords are enjoying their highest rental yields in six years, with the average gross yield reaching 6.1% in the first quarter of 2024. This is the third consecutive quarter of increases and the highest level since the second quarter of 2018 when landlords saw average yields of 6.6%, according to research by Paragon Bank. The […]

The art of recognising untapped potential in commercial Property! In this video, Ranjan Bhattacharya offers invaluable insights into identifying overlooked opportunities within commercial properties, showcasing a comprehensive site tour of our latest project— a transformative conversion from commercial space to residential living. With a keen eye for detail and years of industry experience, Ranjan unveils […]

London’s next mayor will face huge pressure to address the capital’s housing crisis, according to Propertymark. Today, voters will cast their votes for the next mayor and 25 Assembly members in a city with a population of more than nine million, and the highest house prices and rents in the country. The organisation says the […]

The Mortgage Works (TMW) has announced changes to its buy to let mortgage criteria for limited company landlords. The move allows limited companies to purchase a property currently owned and lived in by one of its directors, with the intention of using it as a BTL investment. This process mirrors the let to buy transactions […]

Pioneers in fast property buying, Property Solvers has emerged as a trailblazer in the property world. Led by Ruban Selvanayagam and James Durr, Property Solvers has secured the title of 2023 Property Trader of the Year at the Property Investors Awards. Starting out as buy-to-let investors James and Ruban moved into trading and build-to-sell developments […]

UK house prices saw a slowdown in annual growth in April of just 0.6%, down from 1.6% in March, Nationwide reveals. It also says that the month-on-month price fell 0.4% from March to April. The slowdown in house prices is down to affordability issues, including long-term interest rates rising in recent months. House prices are […]

Rents continued their upward trajectory in April, with the latest figures from Goodlord showing a year-on-year increase of nearly 6% in England. The average monthly rent now stands at £1,166, marking a £63 rise compared to April 2023. Renters in the South West saw the most significant year-on-year change, with rents jumping by 11%, while […]

There’s a critical shortage of homes to rent across England, with less than half of those advertised being ready for tenants to move into, research reveals. The findings from Zero Deposit highlight the imbalance between supply and demand and the urgent need for more landlords in the private rented sector (PRS). The firm analysed nearly […]

Last year saw the highest number of households being evicted due to Section 21 ‘no-fault’ evictions since data collection began in 2018, Generation Rent says. It is pointing at new government figures for England and says that when the House of Lords debate the Renters (Reform) Bill, protection for tenants from eviction must be strengthened. […]

There has been a significant rise in rental property availability across England, with a 12.1% year-on-year increase compared to the first quarter of 2023, research reveals. The data from letting agents Benham and Reeves show that London witnessed the most significant boost, with Greater London experiencing a 34.7% jump in rental property availability. The firm […]

New research has revealed huge differences in property sizes across major UK cities for the average house price, offering valuable insights for investors. Analysing more than 3,200 properties, Mojo Mortgages found the most common property for the national average price (£261,142) is a 2.18-bedroom semi-detached house with 1.26 bathrooms. However, there are stark regional variations […]

Join Ranjan Bhattacharya, John Howard and Liana Wall as they delve into the pros and cons of both approaches, exploring the intricacies of permitted development rights and the traditional planning permission process. From speed and cost considerations to limitations and potential pitfalls, the team provide you with a comprehensive analysis to help you determine the […]

The buy to let market in Southern England has hit a significant milestone, with the proportion of investment properties purchased in the region reaching a record low in 2023, Paragon Bank reveals. It says the trend is down to the Stamp Duty surcharge being introduced for additional properties in 2016. Paragon’s research reveals that only […]

The UK’s rental market continues to face a significant supply shortage, and despite recent signs of improvement 50,000 homes are needed to bring supply back to pre-pandemic levels, Rightmove says. While average advertised rents have hit record highs, the pace of rent growth is slowing down, offering some relief to affordability-strained tenants. According to the […]

Nearly half of all private renters in the UK would be lost if they faced problems with their landlord or letting agent, according to a survey. The findings from the TDS Charitable Foundation, which polled more than 2,000 renters, found that 50% were unsure where to turn for assistance if their landlord or agent failed […]