Tag: Housing market

Landlords aren’t waiting for Section 21 abolition to evict tenants – claim

Author: Property118.com Landlord News Team

17th February 2025, 1 year ago | 12

As official figures show that no-fault evictions in England have risen, one law firm says that landlords aren’t waiting for...

Why Labour’s squeeze on the PRS is creating a perfect storm

Author: Landlord Crusader

7th February 2025, 1 year ago | 12

Let’s be honest, the Conservatives did landlords in the UK no favours, but Labour are delivering something that is making...

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...

Bank of England cut interest rates to 4.5%

Author: Property118.com Landlord News Team

6th February 2025, 1 year ago | 0

The Bank of England’s Monetary Policy Committee (MPC) hawks came out on top today, voting 7-2 to cut the Bank...

Tax breaks urged for landlords to tackle EPC upgrades

Author: Property118.com Landlord News Team

5th February 2025, 1 year ago | 2

Landlords should receive tax incentives for energy-efficient property upgrades which help reduce renters’ ‘crippling’ utility expenses, Tory MPs have urged....

Landlord exodus threatens the UK’s PRS – survey

Author: Property118.com Landlord News Team

5th February 2025, 1 year ago | 9

A looming crisis will hit the UK’s private rented sector as two-thirds (67%) of landlords say they will either leave,...

Rents and voids rise as advertised prices fall short

Author: Property118.com Landlord News Team

4th February 2025, 1 year ago | 0

Rents climbed 4.6% in January compared to last year, reaching an average of £1,207 per property, according to the Goodlord...

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...

Scottish PRS faces tax and rent control challenges

Author: Property118.com Landlord News Team

29th January 2025, 1 year ago | 0

Scottish residential lettings site, Citylets, says the nation’s private landlords are facing a range of challenges this year. It points...

London leads UK rental market decline as rents fall

Author: Property118.com Landlord News Team

22nd January 2025, 1 year ago | 0

The UK’s private rented sector is showing signs of stabilisation after a period of upheaval, with rent increases slowing across...

The UK’s house prices stabilise in December

Author: Property118.com Landlord News Team

21st January 2025, 1 year ago | 0

The average sale price of a home in England and Wales nudged higher in December, increasing by 0.2% to £357,400,...

PRS supply crunch fuels rent hikes while house prices rise – RICS

Author: Property118.com Landlord News Team

16th January 2025, 1 year ago | 0

While tenant demand for rental properties has stabilised, landlords selling up continues to push rents higher, RICS says. Its latest...

Just half of UK homes increased in value last year – Zoopla

Author: Property118.com Landlord News Team

14th January 2025, 1 year ago | 0

Half of the UK’s 30 million homes increased in value in 2024 as house prices returned to growth following a...

Letting agents express concerns over the Renters’ Rights Bill

Author: Property118.com Landlord News Team

13th January 2025, 1 year ago | 4

Anxiety over the Renters’ Rights Bill is mounting among property agents as it reaches its Report Stage in the House...

UK house prices fell in December – Halifax

Author: Property118.com Landlord News Team

7th January 2025, 1 year ago | 0

House prices in the UK ended 2024 with a year-on-year increase of 3.3%, despite a slight 0.2% dip in December,...

UK house prices in 2025 will grow despite economic challenges

Author: Property118.com Landlord News Team

6th January 2025, 1 year ago | 0

The recent rise in annual house price growth which saw prices reach their highest point since November 2022, stands in...

UK house prices end 2024 with strong growth – Nationwide

Author: Property118.com Landlord News Team

3rd January 2025, 1 year ago | 0

The UK’s house prices ended 2024 on a positive note, with a 4.7% increase compared to December 2023, Nationwide reports....

Labour’s EPC push leaves Keir Starmer facing a £28,000 home renovation bill

Author: Property118.com Landlord News Team

31st December 2024, 1 year ago | 9

Labour’s plans to compel private sector landlords to meet strict energy performance certificate (EPC) targets have left Sir Keir Starmer...

Stamp duty threshold change could boost PRS demand

Author: Property118.com Landlord News Team

23rd December 2024, 1 year ago | 0

Nearly half of landlords believe that the upcoming changes to the stamp duty threshold could boost the private rented sector,...

Rents to rise by 3% as tenant demand exceeds pre-pandemic levels

Author: Property118.com Landlord News Team

20th December 2024, 1 year ago | 2

The UK’s private rented sector remains competitive, with demand for rental properties outpacing supply, Rightmove says. Its research reveals that...