Tag: housing costs

Older renters hit by rising rents as charity calls for LHA freeze to be lifted

Author: Property118.com Landlord News Team

26th May 2026, 1 week ago | 1

A charity is urging the government to unfreeze Local Housing Allowance (LHA) rates, warning that housing costs have become increasingly...

Renters see steeper cost rises than homeowners since 2022

Author: Property118.com Landlord News Team

23rd July 2025, 11 months ago | 2

Private renters in the UK have endured sharper increases in their housing expenses compared to mortgaged homeowners since 2022, research...

City landlords sign up to sue council over ‘extortionate’ licensing fee

Author: Property118.com Landlord News Team

4th June 2025, 12 months ago | 19

A city council is facing legal action, which has been joined by 40 landlords, to tackle its ‘unreasonably extortionate’ selective...

Rents continue rising as summer price spike looms

Author: Property118.com Landlord News Team

2nd June 2025, 1 year ago | 4

The cost of renting in England has climbed for the fifth month running, with the average tenancy now priced at...

Homelessness crisis set to soar as Shelter calls for 90,000 social homes a year

Author: Property118.com Landlord News Team

1st May 2025, 1 year ago | 15

A Shelter analysis claims the housing emergency will leave more than 206,000 children homeless by 2029. The housing charity says...

Soaring housing costs dampen renter dreams of homeownership

Author: Property118.com Landlord News Team

30th April 2025, 1 year ago | 3

Nearly two-fifths (38%) of UK renters point to the hefty deposit required for a home as a major obstacle to...

Rent boom predicted for the ‘Silicon Valley of Europe’

Author: Property118.com Landlord News Team

14th February 2025, 1 year ago | 3

The government’s plan to establish a ‘Silicon Valley of Europe’ along the Oxford-Cambridge Arc could cause local rent prices to...

Service charges soar to hit record high

Author: Property118.com Landlord News Team

13th February 2025, 1 year ago | 0

Flat owners in England and Wales face escalating costs as annual service charges surge to £2,300 – leaping by 11%...

Millions lose sleep over housing worries – Shelter

Author: Property118.com Landlord News Team

14th January 2025, 1 year ago | 14

Millions of people in England are struggling with housing insecurity, according to a new study by Shelter. The charity’s research...

Young homeownership on the rise – but inequality widens

Author: Property118.com Landlord News Team

6th January 2025, 1 year ago | 0

Young millennials are more likely to own homes than older millennials were at the same age, but rising homeownership rates...

London councils face £4 million cost for temporary accommodation amid homelessness crisis

Author: Property118.com Landlord News Team

25th October 2024, 2 years ago | 0

London councils are spending £4 million EVERY DAY on housing people in temporary accommodation. A report by the London Councils...

Selective licensing schemes see landlord costs soar – Direct Line

Author: Property118.com Landlord News Team

7th August 2024, 2 years ago | 7

Landlords across England are facing an increasingly heavy financial burden as local councils ramp up selective licensing schemes, research reveals....

Bank of England Decision and the Property Market: What’s Next?

Author: Adam Lawrence

25th June 2024, 2 years ago | 1

The Bank of England’s recent rate decision was “finely balanced,” as noted by Faisal Islam, BBC Economics Editor. The decision...

Tenants finding rent payments harder to afford – ONS

Author: Property118.com Landlord News Team

17th October 2023, 3 years ago | 2

More people are struggling to pay their rent or mortgage in the UK, as housing costs have risen sharply in...