Tag: Housing market

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

Author: Property118.com Landlord News Team

16th January 2025, 2 years 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, 2 years 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, 2 years 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, 2 years 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, 2 years 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, 2 years 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, 2 years 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, 2 years ago | 0

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

Rents surge by 9.1% despite slowdown – ONS

Author: Property118.com Landlord News Team

19th December 2024, 2 years ago | 3

Private rents in the UK have risen by 9.1% in the 12 months to November – that’s up from 8.7%...

Hamptons claim Landlords remain unfazed despite stamp duty hike

Author: Property118.com Landlord News Team

16th December 2024, 2 years ago | 0

Landlords remain resilient despite the stamp duty hike announced in the Budget. Chancellor Rachel Reeves confirmed that the stamp duty...

Property prices see seasonal dip but Boxing Day could be busy for sellers

Author: Property118.com Landlord News Team

16th December 2024, 2 years ago | 0

The average price of properties coming onto the market has seen its usual seasonal festive drop, but Boxing Day could...

Bank of Mum and Dad struggles to help offspring buy homes

Author: Property118.com Landlord News Team

13th December 2024, 2 years ago | 0

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

2025 set to be a bumper year for housing market

Author: Property118.com Landlord News Team

13th December 2024, 2 years ago | 0

National average asking prices are expected to rise by 4%, with 2025 shaping up to be a bumper year for...

Older tenant numbers surge as younger renters decline

Author: Property118.com Landlord News Team

10th December 2024, 2 years ago | 0

Tenants on the brink of retirement are the fastest-growing group of private renters in England, research reveals. According to an...

English Private Landlord Survey: Why we are crucial to the housing market

Author: Landlord Crusader

6th December 2024, 2 years ago | 7

With not a lot to do I read the publication of the English Private Landlord Survey and found it was...

Demand pushes house prices to a record high

Author: Property118.com Landlord News Team

6th December 2024, 2 years ago | 2

House prices in the UK have climbed to a new record high, with the average property now costing £298,083, Halifax...

Stamp duty changes drive increased demand from first-time buyers

Author: Property118.com Landlord News Team

3rd December 2024, 2 years ago | 0

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

Renters’ Rights Bill will cost letting agents £400m

Author: Property118.com Landlord News Team

29th November 2024, 2 years ago | 3

Letting agents in the UK are facing a huge financial blow, with government figures revealing potential losses of nearly £400...

UK tenants face affordability crisis as rents soar

Author: Property118.com Landlord News Team

28th November 2024, 2 years ago | 1

Monthly rents across the UK have surged to unaffordable levels in every region except the North East, research reveals. Analytics...

property118

First-time buyers face years of delay due to rising costs

Author: Property118.com Landlord News Team

20th November 2024, 2 years ago | 0

Nearly half of prospective first-time buyers in the UK are being forced to delay their homeownership dreams due to the...