Tag: Housing market

Housing market rebounds in February as prices rise by 1.2%

Author: Property118.com Landlord News Team

1st March 2024, 2 years ago | 0

The UK’s housing market showed further signs of recovery in February, as house prices increased by 1.2% year-on-year, according to...

UK’s housing market shows resilience as sales surge

Author: Property118.com Landlord News Team

29th February 2024, 2 years ago | 0

The UK’s housing market has demonstrated remarkable resilience, defying price trends and continuing its upward trajectory, one house price index...

Over 55’s landlords turning to Landlord Sales Agency to get out of trouble financially as new buy-to-let mortgages grind to a halt

Author: David Coughlin - Landlord Sales Agency

23rd February 2024, 2 years ago | 0

It’s another week of news suggesting that landlords need to sell. If you’ve not yet considered cutting your losses, this...

Drop in buy to let mortgages as older landlords sell up

Author: Property118.com Landlord News Team

21st February 2024, 2 years ago | 6

The number of landlords taking out new buy to let mortgages has plummeted, according to new figures. According to UK...

Home sellers and buyers return to the market – Zoopla

Author: Property118.com Landlord News Team

19th February 2024, 2 years ago | 0

Lower mortgage rates and a backlog of demand from the last six months of 2023, which has continued into February,...

First-time buyers take 15 years to save a deposit

Author: Property118.com Landlord News Team

14th February 2024, 2 years ago | 0

It takes 15 years to save for a 20% house deposit in the UK, amid a turbulent housing market and...

UK house prices hit 12-month high in January

Author: Property118.com Landlord News Team

7th February 2024, 2 years ago | 2

UK house prices rose by 2.5% year-on-year in January, the highest annual growth rate since January 2023, according to Halifax....

House sellers made £100k profit in 2023 despite price dip

Author: Property118.com Landlord News Team

23rd January 2024, 2 years ago | 2

House sellers in the UK pocketed an average of £100,000 more than they spent on their property in 2023, according...

Nationwide predicts lower house prices in 2024

Author: Property118.com Landlord News Team

18th December 2023, 3 years ago | 0

The UK’s house prices are expected to either drop slightly or stay mostly unchanged next year, according to Nationwide. The...

ONS data exposes UK’s soaring rent prices

Author: Property118.com Landlord News Team

5th December 2023, 3 years ago | 4

New data paints a picture of a widespread surge in rental prices across the UK. The ONS has published for...

PRS needs stable leadership, says NRLA chief

Author: Property118.com Landlord News Team

29th November 2023, 3 years ago | 8

The private rented sector (PRS) deserves more consistent and effective leadership from the government, rather than being a political pawn,...

Property sector anticipates the government’s Autumn Statement

Author: Property118.com Landlord News Team

21st November 2023, 3 years ago | 2

With the government’s Autumn Statement tomorrow, the property sector is keenly awaiting the Chancellor’s key announcements. Many in the sector...

House prices in England and Wales plummet by 4.1% in October

Author: Property118.com Landlord News Team

20th November 2023, 3 years ago | 0

The housing market in England and Wales suffered a blow in October as the average house price fell by 4.1%,...

Tenant demand hits record high amid rising rents

Author: Property118.com Landlord News Team

15th November 2023, 3 years ago | 0

Tenant demand in the UK reached a record high in the third quarter of the year, with more than seven...

Section 24 tax grab?

Author: Readers Question

9th November 2023, 3 years ago | 24

Hello, I’ll keep this short as those that know and those that don’t can find better explanations than I can...

Selective licensing scheme sparks frustrations in Nottingham

Author: Property118.com Landlord News Team

3rd November 2023, 3 years ago | 5

A frustrated landlord has criticised Nottingham’s selective licensing scheme and called it a “stealth tax on landlords”. Nottingham City Council...

Michael Gove, Section 24 and Mars bars?

Author: Mick Roberts

2nd November 2023, 3 years ago | 35

Last week Housing Secretary Michael Gove stated that he had been in discussions with HM Treasury to investigate the possibility...

Advance rent payments?

Author: Readers Question

13th October 2023, 3 years ago | 10

Hello, I have a prospective tenant whose reason for wanting to pay rent upfront for 12 months appears genuine. If...

Housing market shows resilience amid high interest rates

Author: Property118.com Landlord News Team

10th October 2023, 3 years ago | 1

The UK housing market is proving resilient in the face of high interest rates, according to Nicky Stevenson, the managing...

UK house prices continue to slide in September

Author: Property118.com Landlord News Team

6th October 2023, 3 years ago | 0

The UK’s housing market showed further signs of cooling in September with the sixth consecutive monthly fall, Halifax says. The...