Tag: Property market

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...

House prices to rise by 23% over the next five years – Savills

Author: Property118.com Landlord News Team

6th November 2024, 2 years ago | 0

House prices in the UK are forecast to increase by £84,000 over the next five years, according to a new...

Kevin Hollinrake appointed Shadow Housing Secretary in Conservative cabinet

Author: Property118.com Landlord News Team

6th November 2024, 2 years ago | 1

Former estate agent Kevin Hollinrake has been appointed as the new Shadow Housing Secretary. Kemi Badenoch, the newly elected leader...

Private providers lead social housing growth but challenges remain

Author: Property118.com Landlord News Team

5th November 2024, 2 years ago | 0

Despite an increase in affordable housing, only 700 social homes were built in England last year, according to the Regulator...

House price growth slows as stamp duty changes loom

Author: Property118.com Landlord News Team

4th November 2024, 2 years ago | 1

Annual house price growth in the UK slowed in October to 2.4% from 3.2% in September, while monthly growth was...

Surprise 12% drop in asking rents as market cools

Author: Property118.com Landlord News Team

1st November 2024, 2 years ago | 10

The UK’s private rented sector experienced a significant shift in October with asking rents dropping by 12.6% compared to the...

UK property market poised for growth despite Budget uncertainty

Author: Property118.com Landlord News Team

30th October 2024, 2 years ago | 4

Property investors can expect a brighter outlook for the market in the coming year – despite the looming uncertainty of...

This will be a ‘bumper year’ for the housing market – Zoopla

Author: Property118.com Landlord News Team

28th October 2024, 2 years ago | 0

The total value of homes in the sales pipeline has surged by 30% to £113 billion, driven by rising incomes...

Keir Starmer under fire for NOT saying landlords are “working people”

Author: Property118.com Landlord News Team

25th October 2024, 2 years ago | 37

The Prime Minister has slammed landlords by not confirming they are “working people”. In an interview with Sky News, Keir...

Propertymark warns of ‘unintended consequences’ of the Renters’ Rights Bill

Author: Property118.com Landlord News Team

24th October 2024, 2 years ago | 3

The Renters’ Rights Bill could have severe ‘unintended consequences’ for the private rented sector (PRS), Propertymark warns. The organisation’s head...

Will Labour Scrap Incorporation Relief for Landlords along with Increasing CGT to trap landlords into the business of letting?

Author: Mark Alexander

10th October 2024, 2 years ago | 8

With Labour now in power, landlords across the UK are bracing for potential changes in the next budget. Among the...

Industry boss warns Labour’s anti-landlord stance will harm tenants

Author: Property118.com Landlord News Team

7th October 2024, 2 years ago | 7

Labour’s anti-landlord stance will hurt tenants, claims an industry boss. Purplebricks’ chief executive, Sam Mitchell, told The Telegraph that Labour’s...