Tag: Property

Accidental landlords warned over selective licensing schemes

Author: Property118.com Landlord News Team

24th June 2024, 2 years ago | 4

Amateur landlords are being warned about the dangers of new selective licensing schemes which could lead to hefty fines. The...

UK rent rises show signs of cooling after record highs – ONS

Author: Property118.com Landlord News Team

20th June 2024, 2 years ago | 0

The rate at which UK private rents increase is beginning to slow down with the average rent rising by 8.7%...

Tenants increasingly stay put while homeowners move more frequently

Author: Property118.com Landlord News Team

10th June 2024, 2 years ago | 0

Homeowners are moving more frequently, while tenants in the private rented sector (PRS) are staying put for longer, research reveals....

Tenant disputes drive record enquiries at The Property Ombudsman

Author: Property118.com Landlord News Team

10th June 2024, 2 years ago | 1

The Property Ombudsman (TPO) is reporting a record-breaking influx of enquiries – mainly from tenants struggling with repair and maintenance...

UK house prices hold steady despite monthly dip

Author: Property118.com Landlord News Team

7th June 2024, 2 years ago | 1

UK house prices showed little change in May compared to the previous month, dipping by just 0.1%, Halifax reports. However,...

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House prices fall in nearly half of council areas

Author: Property118.com Landlord News Team

5th June 2024, 2 years ago | 0

Despite a national average UK house price rise of 1.8%, research reveals that nearly half (48%) of local authority areas...

Rents hit new high in May as renters fork out £1,183

Author: Property118.com Landlord News Team

3rd June 2024, 2 years ago | 1

Rents in England have hit a new high with the average cost of renting a property now £1,183 – a...

UK house prices bounce back – Nationwide

Author: Property118.com Landlord News Team

31st May 2024, 2 years ago | 0

The UK’s house prices edged up in May after a brief period of decline, suggesting the market is weathering recent...

Record number of homes for sale will dampen price growth

Author: Property118.com Landlord News Team

30th May 2024, 2 years ago | 2

The UK’s housing market is experiencing a surge in the number of homes for sale, with Zoopla reporting the highest...

Half of tenants forced out by landlords selling up – survey

Author: Property118.com Landlord News Team

16th May 2024, 2 years ago | 16

A landlord sell-off is a major driver of tenant moves after 50% of property professionals said that was the main...

London’s rents are cheaper than mortgages

Author: Property118.com Landlord News Team

13th May 2024, 2 years ago | 2

The financial challenges being faced by aspiring homeowners in the capital have been revealed by a study which shows a...

UK house prices show signs of stability after fluctuations

Author: Property118.com Landlord News Team

7th May 2024, 2 years ago | 0

UK house prices edged up slightly in April, following a period of volatility earlier this year, the latest figures from...

Property transactions plummet amid calls for Stamp Duty reform

Author: Property118.com Landlord News Team

3rd May 2024, 2 years ago | 3

Coventry Building Society is urging the government to reform Stamp Duty after a significant drop in property transactions – including...

Year-on-year rents rise by 5.7% – voids remain stable

Author: Property118.com Landlord News Team

1st May 2024, 2 years ago | 0

Rents continued their upward trajectory in April, with the latest figures from Goodlord showing a year-on-year increase of nearly 6%...

Landlords could face a two-year wait to sell or reoccupy under Labour plan

Author: Property118.com Landlord News Team

23rd April 2024, 2 years ago | 32

Labour’s shadow housing secretary, Matthew Pennycook, has proposed a significant change to the Renters (Reform) Bill which would require landlords...

Property firm calls for EPC assessor accreditation overhaul

Author: Property118.com Landlord News Team

23rd April 2024, 2 years ago | 7

A leading property firm is urging the industry to adopt stricter accreditation for Energy Performance Certificate (EPC) assessors after repeated...

BTL market shows signs of stability after months of decline

Author: Property118.com Landlord News Team

22nd April 2024, 2 years ago | 0

The buy to let mortgage market appears to be stabilising after a period of significant product reduction, according to new...

BTL lenders offer rate cuts and streamlined processes for landlords

Author: Property118.com Landlord News Team

19th April 2024, 2 years ago | 0

Three leading buy to let lenders in the UK are offering rate cuts, faster remortgages, and simpler valuations to help...

UK rents reach the highest level on record – ONS

Author: Property118.com Landlord News Team

17th April 2024, 2 years ago | 4

Renting costs in the UK continue to grow with average rents jumping by 9.2% in the year to March –...

Landlords press on with EPC upgrades despite shelved regulations

Author: Property118.com Landlord News Team

17th April 2024, 2 years ago | 6

Despite the government abandoning proposals for minimum energy efficiency standards (MEES), a significant number of landlords are still investing in...