Tag: Housing market

Rents and voids rise as advertised prices fall short

Author: Property118.com Landlord News Team

4th February 2025, 2 years 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, 2 years ago | 0

The UK’s housing market saw a slowdown in price growth last month with an annual increase of 4.1%, a dip...

Points and questions for my Labour MP – Have I missed anything?

Author: Readers Question

31st January 2025, 2 years ago | 20

Hello, I am having my first video call with our local Labour MP later this week. I have sent an...

Scottish PRS faces tax and rent control challenges

Author: Property118.com Landlord News Team

29th January 2025, 2 years 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, 2 years 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, 2 years 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, 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 to rise by 3% as tenant demand exceeds pre-pandemic levels

Author: Property118.com Landlord News Team

20th December 2024, 2 years 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, 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...