Tag: Housing market

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...

Buy to let mortgage inquiries drop by a third

Author: Property118.com Landlord News Team

5th January 2024, 2 years ago | 0

There has been a substantial decline in buy to let mortgage inquiries across the UK for December 2023, data reveals....

Nationwide predicts lower house prices in 2024

Author: Property118.com Landlord News Team

18th December 2023, 2 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, 2 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,...

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...

Tenants face soaring rents as demand outstrips supply

Author: Property118.com Landlord News Team

4th October 2023, 3 years ago | 3

Renting a home in the UK has become more expensive than ever, as a new report reveals that the average...

Bristol tops homebuyer demand despite market slowdown

Author: Property118.com Landlord News Team

2nd October 2023, 3 years ago | 0

Bristol is the most sought-after location for homebuyers in England, according to the latest homebuyer demand index by estate agent...

Home sellers see asking price expectations drop

Author: Property118.com Landlord News Team

27th September 2023, 3 years ago | 0

Home sellers across England and Wales have seen a decline in the percentage of the asking price achieved over the...

UK house prices fall 0.5% but are 17% higher than before pandemic

Author: Property118.com Landlord News Team

27th September 2023, 3 years ago | 0

House prices in the UK have fallen by 0.5% over the last 12 months and are on track to be...