Tag: Inflation

Why can’t the media understand how inflation affects rent rises?

Author: Readers Question

27th March 2024, 2 years ago | 27

Hello, I am a big fan of the Times and Financial Times as these newspapers are usually reliable and have...

BoE holds interest rate at 5.25%

Author: Property118.com Landlord News Team

21st March 2024, 2 years ago | 1

The Bank of England’s Monetary Policy Committee has decided to hold the base rate at 5.25% – for the fifth...

Landlords are feeling the squeeze with inflation and recession fears

Author: Property118.com Landlord News Team

15th March 2024, 2 years ago | 0

Landlords in the UK are facing a variety of challenges, with a new survey revealing worries about inflation, the cost-of-living...

Rent price growth slows down – but rents will still beat inflation in 2024

Author: Property118.com Landlord News Team

19th February 2024, 2 years ago | 0

The annual increase in rents for new lettings in Great Britain dropped to 8.3% in January, the lowest level since...

UK rents soar by 8.3% in a year – Scotland leads the way

Author: Property118.com Landlord News Team

14th February 2024, 2 years ago | 2

The UK’s rental market has seen a sharp rise in rents over the last year, with the average monthly rent...

UK house prices bounce back as mortgage rates fall

Author: Property118.com Landlord News Team

31st January 2024, 2 years ago | 0

The UK housing market showed signs of recovery in January, as the annual rate of house price growth improved from...

Commercial landlords eye growth despite inflation woes

Author: Property118.com Landlord News Team

19th January 2024, 2 years ago | 0

Most commercial landlords in the UK are optimistic and plan to expand their portfolios in the next year, despite the...

Tenants see rents hit record highs in 2023 – ONS

Author: Property118.com Landlord News Team

18th January 2024, 2 years ago | 3

Tenants in the UK are feeling the pinch as private rent prices reached record highs in the year to December...

High interest rates and inflation hit first-time buyers in 2023

Author: Property118.com Landlord News Team

3rd January 2024, 2 years ago | 0

The number of people buying their first home with a mortgage dropped to its lowest level in 10 years in...

Halifax predicts UK house prices will fall 2-4% in 2024

Author: Property118.com Landlord News Team

15th December 2023, 2 years ago | 0

Halifax, the UK’s leading mortgage lender, is forecasting a steeper drop in house prices for 2024 than was seen this...

Property market remains strong despite economic backdrop

Author: Property118.com Landlord News Team

13th December 2023, 2 years ago | 0

Despite economic uncertainty, the property market remains resilient, according to industry professionals. The Guild of Property Professionals says despite the...

BTL mortgage arrears double in a year as landlords face higher costs

Author: Property118.com Landlord News Team

4th December 2023, 2 years ago | 0

Landlords are feeling the squeeze from rising mortgage rates and energy bills, as new research shows that buy to let...

Private rents in Scotland soar by 14.3% in a year

Author: Property118.com Landlord News Team

29th November 2023, 2 years ago | 16

Despite a rent cap, there has been a sharp increase in average rents across all property sizes in Scotland, with...

UK rents soar by over a third above inflation in a year

Author: Property118.com Landlord News Team

28th November 2023, 2 years ago | 4

UK renters are feeling the pinch as rents rose by more than a third above inflation in the past year,...

House prices set to fall by 4.7% next year – OBR

Author: Property118.com Landlord News Team

23rd November 2023, 2 years ago | 8

The UK’s average house price will fall by nearly £25,000 in 2024 – and won’t recover their 2022 house price...

Portfolio landlords defy rising interest rates to expand

Author: Property118.com Landlord News Team

21st November 2023, 2 years ago | 0

Despite inflationary pressures and rising interest rates, the UK’s portfolio landlords – those with five or more rental properties –...

Rent increase according to inflation?

Author: Readers Question

15th November 2023, 2 years ago | 40

Hi, I have asked my tenant for a rent increase from £800 to £1100. But she is blaming now that...

Bank of England holds firm at 5.25%

Author: Property118.com Landlord News Team

2nd November 2023, 2 years ago | 2

The Bank of England’s Monetary Policy Committee (MPC) voted 6 to 3 to maintain the Bank Base Rate at 5.25%....

Renters take on extra jobs to cope with rising rents

Author: Property118.com Landlord News Team

31st October 2023, 2 years ago | 0

Growing numbers of renters are having to work more than one job to make ends meet amid soaring inflation and...

UK rents continue rising as London leads the surge – ONS

Author: Property118.com Landlord News Team

20th September 2023, 3 years ago | 2

Private rent prices paid by tenants in the UK have continued growing and have risen by 5.5% in the year...