Tag: UK

Buyers get £18k off homes as the market cools down

Author: Property118.com Landlord News Team

28th November 2023, 3 years ago | 2

Buyers are getting an average of £18,000 off the asking price of their next home, according to one house price...

Landlords with social tenants are facing a £1,700-a-year shortfall on new lets

Author: Property118.com Landlord News Team

28th November 2023, 3 years ago | 14

Landlords who rent to social tenants will face a £1,700 annual shortfall on new lets despite the Chancellor’s attempt to...

Rents will rise and house prices will fall in 2024 prediction

Author: Property118.com Landlord News Team

27th November 2023, 3 years ago | 4

A market forecast for the sales and lettings markets for the next two years reveals that tenants will see rents...

Landlords back plan to make rented homes greener – apparently

Author: Property118.com Landlord News Team

27th November 2023, 3 years ago | 4

The government should revive its EPC plan to make landlords insulate their rental properties to a higher standard, a think...

Housing Coalition: A new voice for the private rented sector

Author: Property118.com Landlord News Team

27th November 2023, 3 years ago | 8

The private rented sector (PRS) in the UK has a new campaign group: the Housing Coalition. The group consists of...

Landlords cancel EPC plans after government U-turn

Author: Property118.com Landlord News Team

27th November 2023, 3 years ago | 12

The UK government’s decision to scrap its plans to require energy performance certificates (EPC) for rental properties to have at...

How renting out 1.74% of empty bedrooms could lower rents by 22%

Author: Property118.com Landlord News Team

24th November 2023, 3 years ago | 8

With the UK facing a severe rental crisis, with demand for rooms far outstripping supply and rents reaching record highs,...

74% of landlords welcome EPC U-turn

Author: Property118.com Landlord News Team

23rd November 2023, 3 years ago | 2

The government’s decision to drop its proposal that all rental properties must have an Energy Performance Certificate (EPC) rating of...

Landlords optimistic about PRS after government’s EPC U-turn

Author: Property118.com Landlord News Team

22nd November 2023, 3 years ago | 0

Landlords are more confident about their letting businesses and the private rental sector (PRS) after the government scrapped plans to...

Renters want bills included but few landlords offer it, study finds

Author: Property118.com Landlord News Team

22nd November 2023, 3 years ago | 14

More than half of tenants in England would like to have their utilities included in their rent, but just 12%...

Landlords optimistic about rental yields and the PRS

Author: Property118.com Landlord News Team

21st November 2023, 3 years ago | 4

Landlords in the UK have seen a strong rebound in their confidence levels in the third quarter of 2023, according...

Portfolio landlords defy rising interest rates to expand

Author: Property118.com Landlord News Team

21st November 2023, 3 years ago | 0

Despite inflationary pressures and rising interest rates, the UK’s portfolio landlords – those with five or more rental properties –...

Tenant demand hits record high amid rising rents

Author: Property118.com Landlord News Team

15th November 2023, 3 years ago | 0

Tenant demand in the UK reached a record high in the third quarter of the year, with more than seven...

Renters face affordability and eviction worries amid rising costs

Author: Property118.com Landlord News Team

14th November 2023, 3 years ago | 2

The most popular search terms among tenants in the UK are reflecting growing concerns over affordability and eviction, research reveals....

UK house prices drop by 1.7% – Rightmove

Author: Property118.com Landlord News Team

13th November 2023, 3 years ago | 2

The average asking price of newly marketed properties in the UK has fallen by 1.7% (-£6,088) this month, according to...

Landlords slash borrowing amid rising interest rates

Author: Property118.com Landlord News Team

13th November 2023, 3 years ago | 0

Buy to let landlords have cut down their mortgage debt by almost 20% in a year of economic turmoil, according...

Landlord sell-off slows down as rents continue rising

Author: Property118.com Landlord News Team

13th November 2023, 3 years ago | 5

Landlords in Great Britain are holding on to their properties as rents soar to new heights, according to the latest...

MPs urge government not to delay ‘no-fault’ evictions ban

Author: Property118.com Landlord News Team

10th November 2023, 3 years ago | 4

The government has been urged to commit to a timetable for banning section 21 ‘no-fault’ evictions and reforming the court...

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BTL landlords in mortgage arrears rockets by 29%

Author: Property118.com Landlord News Team

10th November 2023, 3 years ago | 4

The number of BTL landlords who are behind on their mortgage payments has rocketed by 29% in the last quarter,...

MP urges court reform to protect landlords before S21 is abolished

Author: Property118.com Landlord News Team

9th November 2023, 3 years ago | 4

Theresa Villiers MP has spoken in favour of the Renters (Reform) Bill and warned the government needs to address the...

Landbay cuts BTL rates as swap rates fall

Author: Property118.com Landlord News Team

9th November 2023, 3 years ago | 0

Landbay has announced a second round of rate reductions in just over a week, taking advantage of the falling swap...