Tag: Housing market

Michael Gove, Section 24 and Mars bars?

Author: Mick Roberts

2nd November 2023, 3 years ago | 35

Last week Housing Secretary Michael Gove stated that he had been in discussions with HM Treasury to investigate the possibility...

Advance rent payments?

Author: Readers Question

13th October 2023, 3 years ago | 10

Hello, I have a prospective tenant whose reason for wanting to pay rent upfront for 12 months appears genuine. If...

Housing market shows resilience amid high interest rates

Author: Property118.com Landlord News Team

10th October 2023, 3 years ago | 1

The UK housing market is proving resilient in the face of high interest rates, according to Nicky Stevenson, the managing...

UK house prices continue to slide in September

Author: Property118.com Landlord News Team

6th October 2023, 3 years ago | 0

The UK’s housing market showed further signs of cooling in September with the sixth consecutive monthly fall, Halifax says. The...

Tenants face soaring rents as demand outstrips supply

Author: Property118.com Landlord News Team

4th October 2023, 3 years ago | 3

Renting a home in the UK has become more expensive than ever, as a new report reveals that the average...

Bristol tops homebuyer demand despite market slowdown

Author: Property118.com Landlord News Team

2nd October 2023, 3 years ago | 0

Bristol is the most sought-after location for homebuyers in England, according to the latest homebuyer demand index by estate agent...

Home sellers see asking price expectations drop

Author: Property118.com Landlord News Team

27th September 2023, 3 years ago | 0

Home sellers across England and Wales have seen a decline in the percentage of the asking price achieved over the...

UK house prices fall 0.5% but are 17% higher than before pandemic

Author: Property118.com Landlord News Team

27th September 2023, 3 years ago | 0

House prices in the UK have fallen by 0.5% over the last 12 months and are on track to be...

Is the landlord exodus as bad as everyone thinks?

Author: Property118.com Landlord News Team

25th September 2023, 3 years ago | 11

We all hear about the landlord exodus but just how bad is it? New figures from the Office for National...

Property sector reacts to Prime Minister’s announcement on watering down green targets

Author: Property118.com Landlord News Team

21st September 2023, 3 years ago | 4

The Prime Minister has confirmed plans to water down the phasing out of gas boilers. The delay will mean landlords...

BTL landlords see debt levels soar

Author: Property118.com Landlord News Team

13th September 2023, 3 years ago | 0

Amidst the recent economic turmoil, the average amount owed via buy to let mortgage loans has surged by 19% in...

Rental market sees surge in demand as academic year begins

Author: Property118.com Landlord News Team

13th September 2023, 3 years ago | 0

As the new academic year kicks off, the UK’s rental market is witnessing a seasonal peak characterised by a substantial...

The best way to keep up to date with property market changes

Author: Simon Zutshi

7th September 2023, 3 years ago | 0

Now the kids are back to school, and the summer holidays are officially over despite the heatwave this week, it’s...

UK’s property transactions fall by a third in a year

Author: Property118.com Landlord News Team

1st June 2023, 3 years ago | 0

HMRC’s latest data reveals a staggering drop in UK property transactions, signalling a potential slowdown in the housing market. In...

Charity proposes council tax on unbuilt properties and landlord limited zones

Author: Property118.com Landlord News Team

24th February 2023, 3 years ago | 6

A charity is warning of a ‘worst of all worlds’ downturn in the housing market and wants landlord limited zones...

Autumn Statement 2013 and the housing market

Author: Neil Patterson

5th December 2013, 13 years ago | 11

The Chancellor, George Osborne in his Autumn Statement 2013 has confirmed that as from April 2015 foreign owners of UK...

Funding for Lending Scheme withdrawn for household market

Author: Neil Patterson

29th November 2013, 13 years ago | 15

The Bank of England have withdrawn their support for the Funding for Lending Scheme, but only to the household market....

ONS report record average house price now £247,000

Author: Property118.com Landlord News Team

16th October 2013, 13 years ago | 3

The Office of National Statistics (ONS) have reported the average house price in Britain is now £247,000. This figure reported...

Buy to Let Mortgages to remain legal announces EU

Author: Property118.com Landlord News Team

18th September 2013, 13 years ago | 9

The Mortgage Directive, officially known as the ‘Credit Agreements Related to Residential Property Directive’ (CARRP) attempted to create a single...

Housing Bubble fears – genuine or an overreaction?

Author: Neil Patterson

17th September 2013, 13 years ago | 22

There has been a great deal of commentary in the press the last couple of days raising fears of a...