Tag: Mortgage rates

Landlords fleeing the PRS as tenant struggles intensify

Author: Property118.com Landlord News Team

4th October 2024, 2 years ago | 4

Landlords are increasingly exiting the private rented sector (PRS), and tenants are facing rising rents, a new report reveals. The...

Rental yields continue to rise – but the pace slows

Author: Property118.com Landlord News Team

4th October 2024, 2 years ago | 1

Rental yields across England and Wales have continued to increase, according to the latest Fleet Mortgages’ rental barometer. However, the...

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Landlords and second homeowners rush to sell – Zoopla

Author: Property118.com Landlord News Team

3rd October 2024, 2 years ago | 8

The UK property market is witnessing a surge in landlord and second-homeowner properties for sale as they race to offload...

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Molo Finance and TML offer new competitive BTL deals

Author: Property118.com Landlord News Team

1st October 2024, 2 years ago | 2

Two leading buy to let mortgage lenders, Molo Finance and The Mortgage Lender (TML), have announced updates to their BTL...

House prices continue downward trend

Author: Property118.com Landlord News Team

24th September 2024, 2 years ago | 0

The housing market has experienced a summer lull, with house prices declining. According to e.surv’s house price index, average house...

UK housing market picks up, but rents continue to soar

Author: Property118.com Landlord News Team

19th September 2024, 2 years ago | 1

The UK’s housing market is showing signs of recovery, according to the latest RICS residential survey for August – but...

Renters Rights Bill is closing in, and your rental property is at risk—don’t wait, act now before it’s too late

Author: Denzel Matsaudza

16th September 2024, 2 years ago | 11

My tenant’s been paying me £1,200 a month, but the market rent now is £1,500 – and with my mortgage...

Property market sees increased activity – Rightmove

Author: Property118.com Landlord News Team

16th September 2024, 2 years ago | 0

The traditionally busier autumn property market appears to have started early, Rightmove reveals. The property platform says that many buyers...

UK house prices hit two-year high

Author: Property118.com Landlord News Team

6th September 2024, 2 years ago | 4

UK house prices edged up for the second consecutive month in August, reaching their highest level in two years, according...

Rent costs hit 17-month low – Barclays

Author: Property118.com Landlord News Team

6th September 2024, 2 years ago | 0

Rent and mortgage spending growth slowed to its lowest rate in 17 months in August following the Bank of England’s...

Paragon Bank offers new BTL mortgage options

Author: Property118.com Landlord News Team

2nd September 2024, 2 years ago | 0

Paragon Bank has expanded its buy to let mortgage range with a new two-year fixed-rate product with no fee and...

Zoopla warns of overpricing impact on house sales

Author: Property118.com Landlord News Team

28th August 2024, 2 years ago | 0

The UK’s housing market is showing signs of recovery as house prices rise slowly following a period of volatility, Zoopla...

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...

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FHL, Paragon and Aldermore unveil lower BTL rates

Author: Property118.com Landlord News Team

15th August 2024, 2 years ago | 2

‘Buy to Let by Foundation’, the BTL brand of specialist lender, Foundation Home Loans, has revealed lower rates across its...

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UK house prices stabilise amidst interest rate cuts

Author: Property118.com Landlord News Team

12th August 2024, 2 years ago | 0

The average house price in England and Wales dipped slightly in July to £360,630, marking a modest 0.1% fall, the...

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TML and CHL are the latest to cut BTL rates

Author: Property118.com Landlord News Team

9th August 2024, 2 years ago | 1

The Mortgage Lender (TML) and CHL Mortgages have both announced rate cuts across their buy to let product ranges as...

UK housing market: Rental crisis deepens, home sales improve – RICS

Author: Property118.com Landlord News Team

8th August 2024, 2 years ago | 6

The UK housing market exhibited mixed fortunes in July as the private rented sector (PRS) continued to grapple with a...

Accord cuts its buy to let rates again

Author: Property118.com Landlord News Team

8th August 2024, 2 years ago | 0

Accord Mortgages has announced further reductions to its buy to let product range, with cuts of up to 0.15% across...

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...