Tag: Housing market

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...

Chain-free homes surge as landlords rush to beat tax increases

Author: Property118.com Landlord News Team

8th November 2024, 2 years ago | 1

One week after the Budget, landlords and second homeowners are selling up, bracing for higher taxes and council tax premiums....

UK house prices hit new record high

Author: Property118.com Landlord News Team

7th November 2024, 2 years ago | 0

The average UK house price edged up 0.2% in October despite the economic uncertainty, marking the fourth consecutive monthly increase,...

Landlord profitability surges to a two-year high

Author: Property118.com Landlord News Team

6th November 2024, 2 years ago | 2

Landlord profitability has reached its highest point since the first quarter of 2022, according to research by Paragon Bank. A...

Most landlords not deterred from investing after SDLT rise

Author: Property118.com Landlord News Team

5th November 2024, 2 years ago | 10

While the looming threat of a capital gains tax (CGT) hike had landlords worried in the lead-up to last week’s...

House price growth slows as stamp duty changes loom

Author: Property118.com Landlord News Team

4th November 2024, 2 years ago | 1

Annual house price growth in the UK slowed in October to 2.4% from 3.2% in September, while monthly growth was...

Surprise 12% drop in asking rents as market cools

Author: Property118.com Landlord News Team

1st November 2024, 2 years ago | 10

The UK’s private rented sector experienced a significant shift in October with asking rents dropping by 12.6% compared to the...

Third of homes for sale fail to meet EPC C rating

Author: Property118.com Landlord News Team

30th October 2024, 2 years ago | 6

A third of all homes for sale in Britain have an EPC rating below C, according to new research. A...

Landlords are worried about the future despite a strong PRS

Author: Property118.com Landlord News Team

29th October 2024, 2 years ago | 2

Landlords across the UK are growing increasingly pessimistic about the future of the private rented sector (PRS), despite strong tenant...

Buy-to-let landlords brace for 17% stamp duty hike ahead of budget

Author: Property118.com Landlord News Team

25th October 2024, 2 years ago | 2

Buy-to-let landlords may face a 17% rise in stamp duty bills as Chancellor Rachel Reeves prepares for the upcoming budget....

Chancellor urged to support landlords in Budget

Author: Property118.com Landlord News Team

22nd October 2024, 2 years ago | 2

Chancellor Rachel Reeves is being urged to help landlords in her Budget next week to support both landlords and homeowners....

Housing market remains strong as buyers wait for October budget

Author: Property118.com Landlord News Team

22nd October 2024, 2 years ago | 0

The housing market remains strong, with the number of available homes reaching a decade high, but autumn activity has slowed...

Buy-to-let market sees yields hit record highs

Author: Property118.com Landlord News Team

21st October 2024, 2 years ago | 4

Despite a challenging rental market, buy-to-let properties in England and Wales are delivering their highest average gross yields in nearly...