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London retains its crown as the capital of £1 million homes

London retains its crown as the capital of £1 million homes...

Despite a pandemic-induced surge in demand for spacious and rural properties, London remains the undisputed leader in the £1 million home market, a new report by Savills shows. The property firm estimates...

8:49 AM, 23rd January 2024, About 6 months ago |  0

Latest ArticlesProperty Market News
House sellers made £100k profit in 2023 despite price dip

House sellers made £100k profit in 2023 despite price dip...

House sellers in the UK pocketed an average of £100,000 more than they spent on their property in 2023, according to new research by Hamptons. The estate agency said that 93% of sellers in England and...

0:03 AM, 23rd January 2024, About 6 months ago |  2

Latest ArticlesProperty Market News
Older renters face isolation as rents soar

Older renters face isolation as rents soar...

Older renters are being forced out of their homes and communities due to sky-rocketing rents, according to new research. The charity Independent Age warns elderly people are facing having to move to deprived...

0:03 AM, 23rd January 2024, About 6 months ago |  3

Landlord NewsLatest Articles
Government enforces hefty fines for landlords breaking right-to-rent rules

Government enforces hefty fines for landlords breaking right-to-rent...

Landlords and letting agents who break right-to-rent rules could be hit with huge financial penalties. In August last year, the UK government announced that agents and landlords who allow rental properties...

0:02 AM, 23rd January 2024, About 6 months ago |  12

Landlord NewsLatest Articles
Renters sacrifice food and heating to afford rent, survey shows

Renters sacrifice food and heating to afford rent, survey shows...

Tenants are cutting back on necessities such as food and heating to pay their rent, a survey shows. Despite rents rising at a lower rate than inflation, Quotezone.co.uk says that 26% of tenants have switched...

0:02 AM, 23rd January 2024, About 6 months ago |  4

Latest ArticlesLettings & Management
MPs call for ‘Awaab’s Law’ to be extended to the PRS

MPs call for ‘Awaab’s Law’ to be extended to...

MPs are calling on the government to extend the proposed Awaab’s Law, which sets new deadlines for social housing landlords to fix unsafe homes, to the private rented sector (PRS). The Health and...

10:15 AM, 22nd January 2024, About 6 months ago |  10

Latest ArticlesLettings & Management
Together cuts rates on its BTL products

Together cuts rates on its BTL products...

The specialist buy to let lender Together has announced rate cuts on its personal and commercial finance products because of easing market volatility. The financial services group said it can support more...

9:51 AM, 22nd January 2024, About 6 months ago |  0

BTL mortgagesLatest Articles
Landbay launches new range with AVMs for faster BTL offers

Landbay launches new range with AVMs for faster BTL offers...

Landbay has introduced a new range of products that use automated valuation models (AVMs) to cut down the time to offer – and help landlords save money. The specialist buy to let lender is the first...

9:27 AM, 22nd January 2024, About 6 months ago |  0

BTL mortgagesLatest Articles
Landlords are optimistic about the PRS despite challenges – NRLA

Landlords are optimistic about the PRS despite challenges –...

Landlord confidence in the private rented sector (PRS) rose significantly in the third quarter of 2023 after hitting record lows, according to the National Residential Landlords Association (NRLA). The...

0:07 AM, 22nd January 2024, About 6 months ago |  0

Latest ArticlesLettings & Management
Property industry expert supports amendments to the Renters (Reform) Bill

Property industry expert supports amendments to the Renters (Reform)...

A prominent industry expert has endorsed a series of amendments to the Renters (Reform) Bill which aims to protect private rented sector (PRS) landlords from unfair evictions and excessive regulation.

0:02 AM, 22nd January 2024, About 6 months ago |  0

Latest ArticlesRenters Reform Bill
Universal credit chaos leaves tenants in tears

Universal credit chaos leaves tenants in tears...

The Department of Work and Pensions (DWP) has sparked fury as Universal Credit (UC) applicants face extensive demands to confirm their eligibility. One landlord told Property118 that some of his tenants...

9:47 AM, 19th January 2024, About 6 months ago |  33

Landlord NewsLatest ArticlesUniversal Credit Advice
NRLA urges MPs to support amendments to Renters (Reform) Bill

NRLA urges MPs to support amendments to Renters (Reform) Bill...

The National Residential Landlords Association (NRLA) is calling on MPs to support ‘pragmatic changes’ to the Renters (Reform) Bill. The move would, the landlords’ organisation says, help...

0:07 AM, 19th January 2024, About 6 months ago |  9

Latest ArticlesLettings & ManagementRenters Reform Bill
1 million more rented homes are needed by 2030

1 million more rented homes are needed by 2030...

Up to 1 million more homes for rent will be needed by 2030 to cater to the increasing rental demand, especially from young families – and the build to rent (BTR) sector will be crucial for this,

0:06 AM, 19th January 2024, About 6 months ago |  6

Latest ArticlesLettings & ManagementProperty Market News
UK rental market sees slower growth amid easing demand

UK rental market sees slower growth amid easing demand...

The demand for rental properties in the UK is showing signs of slowing down, after reaching record levels in the past few years, a property expert says. However, the market is still tight, with demand...

0:05 AM, 19th January 2024, About 6 months ago |  0

Latest ArticlesLettings & ManagementProperty Investment News
Commercial landlords eye growth despite inflation woes

Commercial landlords eye growth despite inflation woes...

Most commercial landlords in the UK are optimistic and plan to expand their portfolios in the next year, despite the challenges posed by inflation and mortgage volatility, a report reveals. The research...

0:04 AM, 19th January 2024, About 6 months ago |  0

Latest ArticlesProperty Investment NewsProperty News
Rental market rebounds as pandemic deals expire

Rental market rebounds as pandemic deals expire...

The number of properties available for rent has increased by 45% compared to last year, reaching the highest level since Covid, Chestertons reports. The London-based estate agency attributes this surge...

0:02 AM, 19th January 2024, About 6 months ago |  0

Landlord NewsLatest ArticlesLettings & Management
UK housing market shows signs of recovery but landlords are ‘scarce’

UK housing market shows signs of recovery but landlords are ‘scarce’...

The UK housing market improved in December, with buyer demand stabilising and sales activity picking up but there remains a shortage of homes to rent, the Royal Institution of Chartered Surveyors (RICS)...

9:18 AM, 18th January 2024, About 6 months ago |  0

Landlord NewsLatest ArticlesProperty Market News
City flats attract landlords as office workers return to urban areas

City flats attract landlords as office workers return to urban...

City flats are the top investment choice for UK landlords as office workers resume their urban lifestyles, a new study by Shawbrook Bank reveals. The research found that 28% of UK landlords agreed that...

0:05 AM, 18th January 2024, About 6 months ago |  0

Latest ArticlesLettings & ManagementProperty Investment News
Wales tops BTL lender’s rental yield chart

Wales tops BTL lender’s rental yield chart...

The latest rental barometer from Fleet Mortgages reveals that Wales has overtaken the North East as the region with the highest rental yield in England and Wales. The report, which covers the fourth quarter...

0:04 AM, 18th January 2024, About 6 months ago |  2

Buy to Let NewsLatest ArticlesLettings & Management
Scottish rents soar despite rent cap law

Scottish rents soar despite rent cap law...

The Cost of Living (Tenant Protection) (Scotland) Act 2022, which aimed to protect tenants from excessive rent increases, has failed to prevent new rents from skyrocketing in Scotland. According to Citylets,

0:03 AM, 18th January 2024, About 6 months ago |  2

Latest ArticlesScotland

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