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Students face an 88% rent premium to live near campus

Students face an 88% rent premium to live near campus...

Students are facing a double whammy of rising tuition fees and exorbitant rent costs, according to research. Zero Deposit says that students are paying significant premiums to live near their universities,

0:01 AM, 20th December 2024, About A week ago |  0

Landlord NewsLatest ArticlesProperty118 NewsRent Prices
Rents to rise by 3% as tenant demand exceeds pre-pandemic levels

Rents to rise by 3% as tenant demand exceeds pre-pandemic levels...

The UK’s private rented sector remains competitive, with demand for rental properties outpacing supply, Rightmove says. Its research reveals that the average number of enquiries per available property...

0:01 AM, 20th December 2024, About A week ago |  2

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Reeves inflationary budget puts mockers on Bank Base Rate reduction

Reeves inflationary budget puts mockers on Bank Base Rate reduction...

With inflation now running above the 2% target rate at 2.6%, the Bank of England Monetary Policy Committee (MPC), voted by a surprisingly large split of 6 – 3 to hold the Base Rate at 4.75%. This...

12:25 PM, 19th December 2024, About A week ago |  4

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Shelter Scotland slams council for stripping homeless households of ‘human rights’

Shelter Scotland slams council for stripping homeless households...

In an unprecedented move, Shelter Scotland has urged Scottish Ministers and the Scottish Housing Regulator to intervene and remove the leadership of Edinburgh City Council, accusing them of “stripping...

0:05 AM, 19th December 2024, About A week ago |  2

Latest ArticlesProperty NewsProperty118 NewsScotlandShelter
Homeless sector faces £60m hit from Budget’s national insurance changes

Homeless sector faces £60m hit from Budget’s national insurance...

Homeless charities are warning of the “final nail in the coffin” due to the Chancellor’s national insurance hike in the Budget. Homeless Link, along with more than 100 other charities, has written...

0:04 AM, 19th December 2024, About A week ago |  1

BudgetLandlord NewsLatest ArticlesProperty NewsProperty118 News
Portfolio landlords are eyeing expansion not exit – Claim UTB

Portfolio landlords are eyeing expansion not exit – Claim...

Portfolio landlords are increasingly looking to expand their properties rather than sell, according to research from United Trust Bank Mortgages. The findings of more than 130 BTL mortgage brokers, found...

0:03 AM, 19th December 2024, About A week ago |  6

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Letting agents will help landlords stay on top of new regulations in 2025

Letting agents will help landlords stay on top of new regulations...

Letting agents will offer more services to landlords in the New Year as the Renters’ Rights Bill looks set to become law, says Goodlord. The lettings technology platform explains that agents will play...

0:02 AM, 19th December 2024, About A week ago |  0

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Rents surge by 9.1% despite slowdown – ONS

Rents surge by 9.1% despite slowdown – ONS...

Private rents in the UK have risen by 9.1% in the 12 months to November – that’s up from 8.7% in October but lower than March’s record figure of 9.2%. According to the latest figures...

0:01 AM, 19th December 2024, About A week ago |  3

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Labour cracks down on landlords forcing them to rent out empty properties

Labour cracks down on landlords forcing them to rent out empty...

Landlords could be forced to rent out empty properties under new powers announced by the Labour government. The English Devolution White Paper reveals councils will be given powers to take over vacant...

9:44 AM, 18th December 2024, About 2 weeks ago |  25

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Propertymark says NI housing supply strategy lacks ‘ambition’

Propertymark says NI housing supply strategy lacks ‘ambition’...

Propertymark has welcomed the Department for Communities’ housing supply strategy for Northern Ireland but has criticised its lack of ambition. The strategy for 2024-2039 was approved by the Northern...

0:05 AM, 18th December 2024, About 2 weeks ago |  1

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London council cracks down on unsafe HMOs

London council cracks down on unsafe HMOs...

A London council has launched a rigorous inspection programme to crack down on unlawful and unsafe Houses of Multiple Occupation (HMOs). It says the initiative aims to protect tenants and ensure landlords...

0:03 AM, 18th December 2024, About 2 weeks ago |  2

Landlord NewsLatest ArticlesLondonProperty118 NewsSelective Licensing
Landlords sell unprofitable properties amid tax fears

Landlords sell unprofitable properties amid tax fears...

Landlords across the UK are continuing to sell off their least profitable properties, boosting the sales market but reducing the supply of rental homes. According to Home.co.uk’s asking price index,

0:02 AM, 18th December 2024, About 2 weeks ago |  0

House PricesLandlord NewsLatest ArticlesProperty118 NewsRent Prices
Rents and house prices will rise in 2025 – Jackson-Stops

Rents and house prices will rise in 2025 – Jackson-Stops...

The estate agency Jackson-Stops is predicting a 2-3% rise in rents across its network in the next 12 months. However, its 2025 property market prediction warns that inflationary pressures and affordability...

0:01 AM, 18th December 2024, About 2 weeks ago |  0

House PricesLandlord NewsLatest ArticlesProperty118 NewsRent Prices
Easier landlord licensing schemes ‘Makes no sense’

Easier landlord licensing schemes ‘Makes no sense’...

Local authorities in England and Northern Ireland are to get powers to implement selective licensing schemes without seeking approval from the Secretary of State. The new rules take effect from 23 December...

8:49 AM, 17th December 2024, About 2 weeks ago |  13

Latest ArticlesProperty118 NewsSelective Licensing
Fewer PRS homes in 2025 as BTL lending set to fall

Fewer PRS homes in 2025 as BTL lending set to fall...

A predicted decline in BTL lending to private sector landlords may reduce the number of homes to rent in 2025, UK Finance says. The trade association for mortgage lenders has published an outlook for the...

0:06 AM, 17th December 2024, About 2 weeks ago |  3

BTL mortgagesLandlord NewsLatest ArticlesProperty118 News
Council slammed over tenant safety risks

Council slammed over tenant safety risks...

A council has been slammed by the Regulator of Social Housing (RSH) for “serious failings”. Castle Point Borough Council in Essex has issued an apology to tenants after receiving a C4 grading, making...

0:05 AM, 17th December 2024, About 2 weeks ago |  3

Landlord NewsLatest ArticlesProperty118 News
Homebuying rush might lead to price deflation

Homebuying rush might lead to price deflation...

The majority of homebuyers plan to continue their property search over the Christmas period to meet the upcoming Stamp Duty Land Tax (SDLT) relief deadline, research reveals. According to Lomond which...

0:04 AM, 17th December 2024, About 2 weeks ago |  2

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UK house prices to grow 2-4% in 2025 – Nationwide

UK house prices to grow 2-4% in 2025 – Nationwide...

The UK’s housing market has exhibited surprising resilience in 2024, despite affordability challenges, mortgage market activity as house prices demonstrated positive momentum. That’s according...

0:03 AM, 17th December 2024, About 2 weeks ago |  0

House PricesLatest ArticlesProperty Market NewsProperty118 News
Renters’ Rights Bill will reshape the rental market next year

Renters’ Rights Bill will reshape the rental market next year...

2025 looks set to be a seismic year for the private rented sector, with the Renters’ Rights Bill expected to become law by summer, one firm says. Other policy changes include more clarity on energy-efficiency...

0:02 AM, 17th December 2024, About 2 weeks ago |  3

Landlord NewsLatest ArticlesProperty NewsProperty118 NewsRenters' Rights Bill
More landlords embrace green initiatives

More landlords embrace green initiatives...

Landlords across the UK are increasingly adopting green initiatives, but there remains room for further improvement. According to recent data from Redwood Bank, nearly a quarter of landlords benefiting...

0:01 AM, 17th December 2024, About 2 weeks ago |  0

EPCLandlord NewsLatest ArticlesProperty118 News

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