Tag: Rental market

Landlords and agents increasingly pessimistic about the PRS

Author: Property118.com Landlord News Team

27th September 2024, 2 years ago | 3

New findings from the Goodlord and Vouch ‘State of the Lettings Industry Report 2024’ paint a grim picture for the...

Tenants are pressured into paying a year’s rent upfront – The DPS

Author: Property118.com Landlord News Team

27th September 2024, 2 years ago | 8

Tenants across the UK are facing increasing pressure to pay huge amounts of rent upfront to secure a property, according...

Interest rate cut boosts rental stock availability

Author: Property118.com Landlord News Team

24th September 2024, 2 years ago | 0

It’s not only homeowners and sellers feeling a sense of relief following the recent interest rate cut, but tenants have...

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...

Generation Rent blames landlords for soaring rent prices outpacing wages

Author: Property118.com Landlord News Team

19th September 2024, 2 years ago | 43

Generation Rent claims “landlords are snatching away more of renters wages” as rent prices continue to outpace wages. According to...

Rents skyrocket outside London as demand shifts to affordable regions

Author: Property118.com Landlord News Team

19th September 2024, 2 years ago | 0

Rents outside of London are skyrocketing as demand soars in regions that have traditionally been more affordable, says  agency. The...

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...

Two-thirds of PRS homes need energy efficiency upgrades

Author: Property118.com Landlord News Team

13th September 2024, 2 years ago | 0

The cost to upgrade homes in the private rented sector (PRS) to meet an energy performance certificate rating of C...

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...

Government ‘risks rental crisis’ with landlord attacks

Author: Property118.com Landlord News Team

5th September 2024, 2 years ago | 4

The government could trigger a rental crisis if it continues its attacks on private landlords, one tax expert warns. Landlords...

Rents hit new heights to push affordability levels to the limit

Author: Property118.com Landlord News Team

4th September 2024, 2 years ago | 4

Rents in the UK continued their upward trajectory in August, reaching a new high of £1,438 on average for new...

Tenant demand fuels ambitions for aspiring landlords

Author: Property118.com Landlord News Team

29th August 2024, 2 years ago | 12

Long-term tenant demand and a desire to supplement retirement income are the primary drivers for aspiring landlords seeking to build...

Scotland’s PRS faces a rent control crisis as supply declines

Author: Property118.com Landlord News Team

28th August 2024, 2 years ago | 5

Scotland’s private rented sector (PRS) is facing a perfect storm of rising rents and concerns about dwindling supply as the...

Dramatic rise in London landlords selling up

Author: Property118.com Landlord News Team

28th August 2024, 2 years ago | 3

The number of properties for sale in London that were previously rented has surged, according to research from TwentyCi. The...

Rental market race: Gloucester leads, Middlesbrough lags

Author: Property118.com Landlord News Team

27th August 2024, 2 years ago | 0

With rental demand soaring, competition for properties is fierce and data from OnTheMarket highlights the extreme disparities in how quickly...

London’s renters face fierce competition as lettings market heats up

Author: Property118.com Landlord News Team

21st August 2024, 2 years ago | 0

London’s rental market has seen a surge in tenant activity, with offers and enquiries jumping 22% and 7% respectively compared...

My landlord has just increased my rent by £700 per month

Author: Denzel Matsaudza

20th August 2024, 2 years ago | 52

“My landlord has just increased my rent by £700 per month.” That’s what my tenant client said to me last...

Landlords are buying more PRS homes than they sell

Author: Property118.com Landlord News Team

16th August 2024, 2 years ago | 18

More landlords are investing in the private rented sector than exiting it, research from the TDS Charitable Foundation reveals. Despite...

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UK rents surge and house prices rise – ONS

Author: Property118.com Landlord News Team

15th August 2024, 2 years ago | 0

The average private rent in the UK surged by 8.6% in the 12 months to July 2024 and house prices...

NRLA warns Labour that rent controls could spark rental crisis

Author: Property118.com Landlord News Team

14th August 2024, 2 years ago | 11

The National Residential Landlords Association (NRLA) is warning the Labour government that a third of private landlords could sell up...