Tag: London

Rental market rebounds as pandemic deals expire

Author: Property118.com Landlord News Team

19th January 2024, 2 years ago | 0

The number of properties available for rent has increased by 45% compared to last year, reaching the highest level since...

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UK house prices plunge at the fastest pace in 13 years

Author: Property118.com Landlord News Team

18th January 2024, 2 years ago | 0

The UK property market saw the average house price drop by 2.1% in the year to November, data from 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...

London’s letting agents face the most competition and the highest demand

Author: Property118.com Landlord News Team

16th January 2024, 2 years ago | 0

London and Wales have seen the biggest rise in letting agent numbers in the past year, with a 4% increase...

Rents fall slightly in December to offer tenants ‘a minor win’

Author: Property118.com Landlord News Team

12th January 2024, 2 years ago | 2

The UK’s rents for new tenancies dipped by 0.9% in December 2023, reaching £1,268 which is still 8.01% more than...

London leads the way in record year of licensing and enforcement

Author: Property118.com Landlord News Team

11th January 2024, 2 years ago | 0

London was at the forefront of a record-breaking year of property licensing schemes and enforcement in the UK in 2023,...

Flatshare rents begin to fall as market stabilises

Author: Property118.com Landlord News Team

10th January 2024, 2 years ago | 0

Flatsharing Londoners have seen their rents drop for the second month in a row, after reaching an all-time high in...

Landlords see rents soar and voids drop in 2023, index reveals

Author: Property118.com Landlord News Team

5th January 2024, 2 years ago | 2

Landlords in England saw rents rocket by nearly 9% last year, and several rent records were broken in the summer,...

Rental market shows signs of recovery in 2024 – SpareRoom

Author: Property118.com Landlord News Team

21st December 2023, 2 years ago | 1

After a year of soaring rents and scarce rooms, flat share website SpareRoom has offered its data pointing to a...

Renters in London see an 8% annual rise in rents

Author: Property118.com Landlord News Team

15th December 2023, 2 years ago | 1

Rents in London have increased by 8% year-on-year, with the average rent now at £582, Foxtons reveals. The estate agent...

Rents to increase by 4% in the UK over the next year

Author: Property118.com Landlord News Team

14th December 2023, 2 years ago | 0

Rents are expected to rise by almost 4% in the next year as the supply of homes to rent dwindles,...

Two companies expelled from the Property Ombudsman Scheme

Author: Property118.com Landlord News Team

14th December 2023, 2 years ago | 0

The Property Ombudsman (TPO) has expelled two companies for failing to pay compensation to consumers. This year, 13 companies have...

UK rent growth slows after hitting price peak

Author: Property118.com Landlord News Team

12th December 2023, 2 years ago | 1

The UK’s rent price growth is cooling down after reaching its highest point in three years with one prediction that...

Homeless refugees on the rise in London amid accommodation crisis

Author: Property118.com Landlord News Team

7th December 2023, 2 years ago | 10

London Councils is warning of a surge in rough sleeping among refugees and asylum seekers who are evicted from Home...

Sadiq Khan wants EPC measures for the PRS reinstated

Author: Property118.com Landlord News Team

5th December 2023, 2 years ago | 24

The mayor of London, Sadiq Khan, is calling for the legal power to impose a rent freeze in the capital...

UK rent prices are nearly 9% higher than last year

Author: Property118.com Landlord News Team

4th December 2023, 2 years ago | 1

The average rent in the UK is now at £1,279, down by 0.3% from last month’s figures – but this...

UK renters face record-breaking rent rises until 2025

Author: Property118.com Landlord News Team

29th November 2023, 2 years ago | 0

The UK’s private rented sector (PRS) is set to experience unprecedented rent growth in the next few years because the...

London leads the way in rental affordability improvement

Author: Property118.com Landlord News Team

21st November 2023, 2 years ago | 0

Renting in London is still the most expensive in England, but the capital has also seen the biggest improvement in...

Londoners face homelessness crisis due to housing benefit freeze

Author: Property118.com Landlord News Team

9th November 2023, 2 years ago | 9

Up to 60,000 Londoners who rent privately are at risk of becoming homeless in the next six years unless the...

UK rents up by 10% in a year as ‘renters are being priced out’

Author: Property118.com Landlord News Team

3rd November 2023, 2 years ago | 1

The average rent price in the UK has risen by almost 10% in a year, according to the latest HomeLet...