Tag: 2023

UK house prices defied crash predictions in 2023, new data shows

Author: Property118.com Landlord News Team

26th February 2024, 2 years ago | 1

Despite predictions of a UK house price crash in 2023, new data shows that prices were resilient. The UK house...

Rents hit new highs but growth slows down

Author: Property118.com Landlord News Team

26th January 2024, 2 years ago | 0

Rents in the UK reached new records in 2023, but the pace of growth slowed down significantly compared to previous...

House sellers made £100k profit in 2023 despite price dip

Author: Property118.com Landlord News Team

23rd January 2024, 2 years ago | 2

House sellers in the UK pocketed an average of £100,000 more than they spent on their property in 2023, according...

Rent rises set a record in 2023 amid landlord costs and housing shortage

Author: Property118.com Landlord News Team

17th January 2024, 2 years ago | 3

Renters in the UK paid an extra £1,488 per year on average in 2023 as rent prices soared by a...

More tenants looked to move to areas with lower rents in 2023

Author: Property118.com Landlord News Team

11th January 2024, 2 years ago | 0

A new report reveals that one of the main trends in the private rented sector (PRS) last year was the...

UK mortgage approvals look set to slump by 24% in 2023

Author: Property118.com Landlord News Team

28th December 2023, 2 years ago | 1

UK mortgage approvals are expected to decline by 24% in 2023 compared to the previous year, research reveals. According to...

London’s rental market sees more supply and less competition

Author: Property118.com Landlord News Team

16th October 2023, 2 years ago | 0

London’s rental market is showing signs of recovery after a pandemic-induced slump with news that the supply of new rental...

More people than ever before are looking to rent a home

Author: Property118.com Landlord News Team

19th January 2023, 3 years ago | 0

Propertymark has revealed its concerns and opportunities for landlords, buyers, tenants, sellers and investors in 2023. And its annual report...

Letting agents predict rise in arrears and drop in landlord numbers

Author: Property118.com Landlord News Team

16th January 2023, 3 years ago | 1

Most letting agents say they expect to see more landlords leave the market in 2023 – against a backdrop of...

New Year bounce sees house prices go up

Author: Property118.com Landlord News Team

16th January 2023, 3 years ago | 0

The average new seller’s asking price went up in January after two months of falls, Rightmove says. According to its...

House price crash ‘looks increasingly unlikely’

Author: Property118.com Landlord News Team

12th January 2023, 3 years ago | 3

After several real estate firms, lenders and property platforms predicted that house prices would fall in 2023 by up to...

Exodus of private landlords ‘exaggerated’ – claim

Author: Property118.com Landlord News Team

10th January 2023, 3 years ago | 32

A survey has revealed that landlord confidence is ‘robust’, though many worry about the government’s meddling in the private rented...

2023’s housing market will be ‘calmer’

Author: Property118.com Landlord News Team

10th January 2023, 3 years ago | 0

2023’s housing market will be a lot calmer than has been seen in the last two years because the economic...

The UK’s house price hotspot is revealed

Author: Property118.com Landlord News Team

6th January 2023, 3 years ago | 0

According to Rightmove, average asking prices for homes were 5.6% higher across Great Britain at the end of 2022 than...

Rents predicted to rocket by 12.9% in 2023

Author: Property118.com Landlord News Team

3rd January 2023, 3 years ago | 5

Not only will demand for rental property in the UK remain high in 2023 – but rents will rocket by...

Property prices continue falling as buyers watch and wait

Author: Property118.com Landlord News Team

12th December 2022, 3 years ago | 0

A bigger seasonal dip than usual has seen property prices continue their slide with sellers dropping the price on a...

10% drop in house prices predicted by Savills in 2023

Author: Property118.com Landlord News Team

11th November 2022, 3 years ago | 0

The average UK house price is predicted to fall by 10% in 2023, real estate firm Savills says. It points...