Tag: Housing market

Holiday let landlords face tax crunch

Author: Property118.com Landlord News Team

23rd August 2024, 2 years ago | 2

The clock is ticking for furnished holiday let landlords as government plans to abolish the favourable tax regime from April...

Renters pay higher prices for furnished apartments yet most dislike the furniture

Author: Property118.com Landlord News Team

23rd August 2024, 2 years ago | 0

Renters are paying 20% more per month on average for a furnished apartment compared to an unfurnished one, according to...

Rents start falling in major cities as rental inflation slows

Author: Property118.com Landlord News Team

22nd August 2024, 2 years ago | 1

Rents in major UK cities are beginning to fall for the first time in years – the pace of rental...

Base rate cut will boost house prices by 2.5%

Author: Property118.com Landlord News Team

21st August 2024, 2 years ago | 1

The Bank of England’s recent decision to lower interest rates to 5% has ignited optimism within the housing market, says...

Landlords on edge ahead of October budget despite positive market trends

Author: Property118.com Landlord News Team

19th August 2024, 2 years ago | 0

Bank of England base rate cut offers a summer boost to the housing market. According to the latest Rightmove House...

Landlords prefer five-year fixed rate mortgages – Landbay

Author: Property118.com Landlord News Team

16th August 2024, 2 years ago | 2

Buy to let landlords are increasingly opting for the stability of five-year fixed rate mortgages, research from Landbay reveals. The...

Rental yields soar to 10-year high

Author: Property118.com Landlord News Team

8th August 2024, 2 years ago | 4

Rental yields generated by landlords have hit the highest level since 2014, research from Paragon Bank reveals. The lender’s latest...

UK house prices rise despite market challenges

Author: Property118.com Landlord News Team

7th August 2024, 2 years ago | 1

House prices in the UK rose by 0.8% in July, halting a three-month plateau, Halifax reveals. The average property value...

Propertymark says Section 24 tax change is fuelling the rental crisis

Author: Property118.com Landlord News Team

5th August 2024, 2 years ago | 4

A government policy intended to level the playing field for landlords has instead sparked a crisis in the private rented...

Property expert slams tax changes for driving landlords out of the market

Author: Property118.com Landlord News Team

2nd August 2024, 2 years ago | 2

Tax crackdown on landlords is making Britain’s housing crisis worse, says property expert. Guy Gittins, chief executive of letting agents...

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UK house price growth picks up steam

Author: Property118.com Landlord News Team

1st August 2024, 2 years ago | 0

The average UK house price climbed 0.3% month-on-month in July, marking the fastest pace of growth since December 2022, new...

Stamp duty relief blow for first-time buyers

Author: Property118.com Landlord News Team

29th July 2024, 2 years ago | 3

Only 37% of homes for sale will qualify for stamp duty relief when the current threshold of £425,000 reverts to...

UK rents rise by 8.6% in the year to June – ONS

Author: Property118.com Landlord News Team

18th July 2024, 2 years ago | 3

Average rents in the UK increased by 8.6% in the 12 months leading up to June – a slight dip...

London renters work over two months just to pay rent says Think Tank

Author: Property118.com Landlord News Team

17th July 2024, 2 years ago | 4

A think tank claims renters are working harder than ever to pay landlords. According to the Adam Smith Institute (ASI),...

Post-election optimism boosts housing market recovery amidst challenges

Author: Property118.com Landlord News Team

11th July 2024, 2 years ago | 0

Despite a sluggish housing market, a post-election bounce could boost optimism as a new government brings fresh hope for recovery....

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Housing market shows signs of recovery

Author: Property118.com Landlord News Team

10th July 2024, 2 years ago | 0

The housing market in England and Wales is showing signs of recovery, according to new data from e.surv. The average...

Scottish property taxes soar to record highs

Author: Property118.com Landlord News Team

4th July 2024, 2 years ago | 9

Scottish property taxes have reached a record high, exceeding £628 million in the past year, according to analysis by DJ...

UK house prices show signs of recovery after slowdown

Author: Property118.com Landlord News Team

20th June 2024, 2 years ago | 0

The UK’s housing market appears to be stabilising after a period of decline, with average house prices edging upwards for...

General Election impact on mortgage rates and house prices

Author: Property118.com Landlord News Team

11th June 2024, 2 years ago | 4

With the upcoming General Election, questions from landlords and homeowners loom over its potential impact on mortgage rates and property...

Tenants increasingly stay put while homeowners move more frequently

Author: Property118.com Landlord News Team

10th June 2024, 2 years ago | 0

Homeowners are moving more frequently, while tenants in the private rented sector (PRS) are staying put for longer, research reveals....