Tag: First time buyers

Strong start to the year as house prices reach record highs

Author: Property118.com Landlord News Team

7th February 2025, 1 year ago | 0

January saw a strong start for the housing market, with house prices hitting record highs. According to Halifax’s House Price...

UK house price growth slowed in January

Author: Property118.com Landlord News Team

3rd February 2025, 1 year ago | 0

The UK’s housing market saw a slowdown in price growth last month with an annual increase of 4.1%, a dip...

UK housing market sees strongest start in three years – Zoopla

Author: Property118.com Landlord News Team

30th January 2025, 1 year ago | 0

The UK’s housing market has seen its strongest beginning in three years, with new sales agreements surging 12% compared to...

Housing affordability improves but remains a challenge

Author: Property118.com Landlord News Team

24th January 2025, 1 year ago | 0

Housing affordability has improved over the past year because earnings growth is exceeding house price growth, Nationwide reports. The report...

Fewer than 10% of homes will be SDLT free from April

Author: Property118.com Landlord News Team

22nd January 2025, 1 year ago | 0

There will be a big drop in the availability of stamp duty-free homes from April 1st when the current stamp...

Market sees record home seller numbers and rising prices – Rightmove

Author: Property118.com Landlord News Team

20th January 2025, 1 year ago | 0

The average price of property coming to market in the UK has risen by 1.7% this month to £366,189, the...

TSB unveils new mortgage to help tenants buy their rented home

Author: Property118.com Landlord News Team

9th January 2025, 1 year ago | 4

TSB is expanding its support for tenants looking to buy their rented home with the launch of a 5&5 concessionary...

London rents will rise slightly as market adjusts – Chestertons

Author: Property118.com Landlord News Team

6th January 2025, 1 year ago | 3

London’s private rented sector is experiencing a period of moderation, with Chestertons forecasting rent increases of just 1.5% – that’s...

Housing market to be busy in 2025 but doubts cast over Labour’s 1.5 million homes target

Author: Property118.com Landlord News Team

27th December 2024, 1 year ago | 0

The property market in 2024 saw huge uncertainty due to the general election and the Budget but stamp duty changes...

First-time buyers rush to beat stamp duty changes before April 2025

Author: Property118.com Landlord News Team

27th December 2024, 1 year ago | 0

First-time buyers (FTBs) faced a challenging property market in 2024, but next year could see a surge of buyers before...

Londoners staying put as fewer move to areas outside the capital

Author: Property118.com Landlord News Team

27th December 2024, 1 year ago | 0

Fewer Londoners are leaving the capital as purchases outside London hit their lowest in a decade, according to Hamptons. A...

Bank of Mum and Dad struggles to help offspring buy homes

Author: Property118.com Landlord News Team

13th December 2024, 1 year ago | 0

The Bank of Mum and Dad is feeling the strain of the cost-of-living crisis, with many parents forced to cut...

Rent and mortgage spending reaches record highs amid energy-efficiency push

Author: Property118.com Landlord News Team

11th December 2024, 1 year ago | 0

Rent and mortgage spending reached a 14-month high as more homeowners focus on improving energy efficiency in their homes for...

Mortgage rates hinder first-time buyers’ homeownership dreams

Author: Property118.com Landlord News Team

11th December 2024, 1 year ago | 0

Mortgage rates remain a big barrier to first-time buyers in the UK, research reveals. The Mortgage Advice Bureau says that...

Precise and Fleet cut BTL rates for landlords

Author: Property118.com Landlord News Team

10th December 2024, 1 year ago | 1

Precise and Fleet Mortgages have both announced significant interest rate reductions on their buy to let products. Precise, part of...

Stamp duty changes drive increased demand from first-time buyers

Author: Property118.com Landlord News Team

3rd December 2024, 1 year ago | 0

First-time buyers are racing to beat upcoming stamp duty changes, according to Rightmove. The property portal says buyers in higher-priced...

House prices to rise ahead of stamp duty hike

Author: Property118.com Landlord News Team

29th November 2024, 1 year ago | 0

House prices are set to rise next year as buyers rush to beat stamp duty changes. According to Zoopla’s House...

House prices to rise by 23% over the next five years – Savills

Author: Property118.com Landlord News Team

6th November 2024, 1 year ago | 0

House prices in the UK are forecast to increase by £84,000 over the next five years, according to a new...

Pre-Budget reaction: Industry leaders call for reversal of Section 24 and support for landlords

Author: Property118.com Landlord News Team

29th October 2024, 1 year ago | 1

With the Budget only a day away, many industry leaders are calling on the Chancellor Rachel Reeves to support landlords....

This will be a ‘bumper year’ for the housing market – Zoopla

Author: Property118.com Landlord News Team

28th October 2024, 1 year ago | 0

The total value of homes in the sales pipeline has surged by 30% to £113 billion, driven by rising incomes...