Tag: Housing market

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...

Rents surge by 9.1% despite slowdown – ONS

Author: Property118.com Landlord News Team

19th December 2024, 1 year 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, 1 year 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, 1 year 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, 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...

Older tenant numbers surge as younger renters decline

Author: Property118.com Landlord News Team

10th December 2024, 1 year 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, 1 year 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, 1 year 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, 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...

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...

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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...

Scottish landlords warn that rent controls will ‘backfire’

Author: Property118.com Landlord News Team

20th November 2024, 2 years ago | 0

Landlords in Scotland are warning that proposed rent controls will backfire, leading to a reduction in rental supply and higher...

UK rents set to soar another 18% over five years – as landlords leave

Author: Property118.com Landlord News Team

20th November 2024, 2 years ago | 8

Rents in the UK are set to continue their upward trajectory, with Savills forecasting an 18% increase over the next...

Welcome to the Landlord Club, Keir Starmer and Rachel Reeves!

Author: Landlord Crusader

15th November 2024, 2 years ago | 8

As the Prime Minister and Chancellor step into the world of landlording, they are joining a diverse and dynamic sector...

Landlords defy expectations of an ‘exodus’ – claims Lomond

Author: Property118.com Landlord News Team

15th November 2024, 2 years ago | 12

Two weeks after the Autumn Budget, fears of a mass exodus of landlords from the private rented sector (PRS) are...

Rent and mortgage spending reaches record highs amid growing confidence in the housing market

Author: Property118.com Landlord News Team

11th November 2024, 2 years ago | 0

Spending on rent and mortgages has hit its highest levels this year, according to Barclays Property Insights report. The report...