Tag: Property market

Demand pushes house prices to a record high

Author: Property118.com Landlord News Team

6th December 2024, 1 year ago | 2

House prices in the UK have climbed to a new record high, with the average property now costing £298,083, Halifax...

Stamp duty hike looms large as buyers secure bigger discounts

Author: Property118.com Landlord News Team

6th December 2024, 1 year ago | 0

The looming stamp duty increase in April 2025 is prompting buyers to secure bigger discounts on property purchases, Hamptons reveals....

The UK’s house prices climb for third consecutive quarter

Author: Property118.com Landlord News Team

4th December 2024, 1 year ago | 0

The UK’s house prices have continued their upward trajectory, marking the third consecutive quarter of growth in 2024, one property...

Stamp duty changes drive increased demand from first-time buyers

Author: Property118.com Landlord News Team

3rd December 2024, 1 year ago | 0

First-time buyers are racing to beat upcoming stamp duty changes, according to Rightmove. The property portal says buyers in higher-priced...

House prices rebound as annual growth hits 3.7%

Author: Property118.com Landlord News Team

3rd December 2024, 1 year ago | 0

UK house prices saw a surprising rebound in November, with annual growth accelerating to 3.7%, Nationwide reports. This marks the...

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Cash buyers score big discounts as sellers want quicker sales

Author: Property118.com Landlord News Team

2nd December 2024, 1 year ago | 0

Cash buyers are enjoying big discounts on property purchases across England – of up to £86,000 – as sellers move...

UK tenants face affordability crisis as rents soar

Author: Property118.com Landlord News Team

28th November 2024, 2 years ago | 1

Monthly rents across the UK have surged to unaffordable levels in every region except the North East, research reveals. Analytics...

Lawyer criticises Renters’ Rights Bill impact assessment for underestimating costs

Author: Property118.com Landlord News Team

27th November 2024, 2 years ago | 4

A lawyer has slammed the Renters’ Rights Bill impact assessment, calling it “unreliable.” David Smith, head of dispute resolution at...

Portfolio landlords buck the trend by expanding their portfolios

Author: Property118.com Landlord News Team

22nd November 2024, 2 years ago | 1

The UK’s private rented sector (PRS) landlords are defying growing economic pressures by expanding their property portfolios, according to a...

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First-time buyers face years of delay due to rising costs

Author: Property118.com Landlord News Team

20th November 2024, 2 years ago | 0

Nearly half of prospective first-time buyers in the UK are being forced to delay their homeownership dreams due to the...

UK rents set to soar another 18% over five years – as landlords leave

Author: Property118.com Landlord News Team

20th November 2024, 2 years ago | 8

Rents in the UK are set to continue their upward trajectory, with Savills forecasting an 18% increase over the next...

House prices dip post-Budget but 2025 looks bright – Rightmove

Author: Property118.com Landlord News Team

18th November 2024, 2 years ago | 0

Average house prices have fallen by 1.4% this month, a larger drop than the usual seasonal decline, which is probably...

Housing crisis deepens as landlords sell up – NRLA

Author: Property118.com Landlord News Team

15th November 2024, 2 years ago | 11

Tenants across the UK are facing a worsening housing crisis as landlords continue to sell properties, exacerbating the already severe...

Landlords defy expectations of an ‘exodus’ – claims Lomond

Author: Property118.com Landlord News Team

15th November 2024, 2 years ago | 12

Two weeks after the Autumn Budget, fears of a mass exodus of landlords from the private rented sector (PRS) are...

Section 24 is the reason for rocketing rents – not landlords

Author: Property118.com Landlord News Team

14th November 2024, 2 years ago | 64

Tenant group Acorn claims that rent caps are the solution to curb rising rents. The group also believes “landlords have...

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Housing market shows signs of life as prices edge up

Author: Property118.com Landlord News Team

14th November 2024, 2 years ago | 0

The English and Welsh housing market has shown signs of life in October, with average house prices edging up by...

Renters are increasingly turning to ‘fixer-uppers’ – Rightmove

Author: Property118.com Landlord News Team

13th November 2024, 2 years ago | 5

Renters across the UK are increasingly turning to fixer-upper properties as a more affordable route to homeownership, according to a...

Two-thirds of landlords lack EPC C rating as many plan rent hikes for upgrades

Author: Property118.com Landlord News Team

12th November 2024, 2 years ago | 13

Two-thirds of landlords currently own at least one property that does not have an EPC C rating, according to Foundation...

UK house prices hit new record high

Author: Property118.com Landlord News Team

7th November 2024, 2 years ago | 0

The average UK house price edged up 0.2% in October despite the economic uncertainty, marking the fourth consecutive monthly increase,...

JLL forecasts a 17% rent rise over the next five years

Author: Property118.com Landlord News Team

6th November 2024, 2 years ago | 1

Despite a rapid rise in rents over the past three years, real estate firm JLL is forecasting that rents will...