Tag: UK

UK rental yields are on the rise – Fleet

Author: Property118.com Landlord News Team

11th April 2024, 2 years ago | 1

There has been a 0.4% rise in the total average yield for England and Wales, reaching 7.1% in the first...

Scottish landlords exploit SNP rent control loophole to increase rents

Author: Property118.com Landlord News Team

11th April 2024, 2 years ago | 11

Scottish landlords are capitalising on a loophole in the SNP’s rent control laws, leading to a 12% increase in rents,...

Even with family help, first-time buyers need a £36,000 deposit

Author: Property118.com Landlord News Team

9th April 2024, 2 years ago | 1

First-time buyers in Britain still face a significant financial hurdle despite receiving help from family when it comes to saving...

UK rental market heats up after winter lull

Author: Property118.com Landlord News Team

9th April 2024, 2 years ago | 0

The UK’s private rented sector (PRS) is seeing a surge in tenant demand, with a new report revealing a significant...

Sadiq Khan pledges to build 6,000 ‘affordable’ homes and bring in rent controls

Author: Property118.com Landlord News Team

8th April 2024, 2 years ago | 24

London’s mayor, Sadiq Khan, says he is the ‘renter’s champion’ and is committing to building 6,000 ‘affordable’ homes by 2030...

BTL landlords are shrinking portfolios despite rising rents

Author: Property118.com Landlord News Team

5th April 2024, 2 years ago | 33

Buy to let investors in England and Wales are reducing the size of their portfolios, despite healthy rental income growth,...

Rent squeeze forces single tenants to share

Author: Property118.com Landlord News Team

4th April 2024, 2 years ago | 10

Single renters are feeling the pinch of rising rents more than ever with the percentage of people choosing to live...

First-time buyer numbers surge in 2024

Author: Property118.com Landlord News Team

2nd April 2024, 2 years ago | 0

First-time buyers are a driving force in the housing market this year, making up a record one-third (33%) of all...

UK rents rocket by 46% in a decade

Author: Property118.com Landlord News Team

28th March 2024, 2 years ago | 11

The average UK rent has climbed by 46% in the past decade thanks to surging tenant demand and limited rented...

Paragon Bank and Foundation unveil new BTL products

Author: Property118.com Landlord News Team

27th March 2024, 2 years ago | 0

Paragon Bank has introduced new mortgage options for experienced landlords looking to expand their buy to let portfolios with a...

Fourth Scottish council declares housing emergency

Author: Property118.com Landlord News Team

26th March 2024, 2 years ago | 5

A fourth Scottish council has declared a housing emergency because of ‘extraordinary strain on its housing and homelessness services’. Fife...

Binning selective licensing will leave tenants at the ‘mercy of unscrupulous landlords’

Author: Property118.com Landlord News Team

26th March 2024, 2 years ago | 19

A charity is warning that a proposal under the Renters (Reform) Bill to introduce a property portal which could replace...

Most landlords don’t understand the Renters (Reform) Bill – survey

Author: Property118.com Landlord News Team

25th March 2024, 2 years ago | 7

While the controversial Renters (Reform) Bill is making its way through Parliament, most landlords don’t know what is in it,...

Homeowners fork out millions to pay for pet damage

Author: Property118.com Landlord News Team

22nd March 2024, 2 years ago | 2

Landlords worried about tenants with pets might be interested in research about pet-loving Brits who are forking out millions on...

UK rent growth slows but tenant affordability is a ‘challenge’

Author: Property118.com Landlord News Team

22nd March 2024, 2 years ago | 1

The average UK rent has risen by 7.8% to £1,223 in the past year, but the pace of growth is...

Half the council tax tenants pay should be saved for a home deposit – SMF

Author: Property118.com Landlord News Team

21st March 2024, 2 years ago | 3

In a bid to help tenants save for a deposit to buy a house, half of their council tax payment...

Annual rent rise is the highest ever recorded – ONS

Author: Property118.com Landlord News Team

21st March 2024, 2 years ago | 7

The cost of renting in the UK has hit a new high as average rents across the UK rose by...

Property investors turn to trade press amid economic uncertainty

Author: Property118.com Landlord News Team

20th March 2024, 2 years ago | 0

Property investors in the UK favour trade publications over advisors when making investment decisions, research reveals. The study of 2,000...

Rent growth slows as rented homes take longer to let

Author: Property118.com Landlord News Team

19th March 2024, 2 years ago | 1

The rate of rent increases is slowing down, but tenants are still facing significant rises, the latest data from Hamptons...

Property market sees price surge fuelled by rising buyer demand

Author: Property118.com Landlord News Team

18th March 2024, 2 years ago | 0

The average property listing price in the UK surged by 1.5% to £368,118 to mark the UK property market’s ongoing...