Edinburgh has become the first city council in Scotland to declare a housing emergency, as it faces a ‘crisis’ in both the public and private renting sectors.
The declaration was made after...
The Bank of England’s Monetary Policy Committee (MPC) voted 6 to 3 to maintain the Bank Base Rate at 5.25%. Despite the Fed freezing the US rate yesterday, three MPC members still voted to increase...
UK interest rates have been left unchanged at 5.25% by the Bank of England in a move economists had expected.
The Bank had previously raised rates 14 times in a row to tame inflation, leading to increases...
London is facing a rough sleeping crisis as new data shows that the number of people sleeping on the streets has reached a record high.
According to the latest figures from the Combined Homelessness and...
If you are a landlord or investor looking for a high-yield property investment in London, you may want to consider buying a house in multiple occupation (HMO).
However, you may also face some difficulties...
Not sure what’s in the Renters’ Reform Bill? We’ve rounded up everything you need to know about the long-awaited bill below and will continue to keep updating the guide as we get more clarification.
The number of unincorporated landlords in the UK’s private rented sector (PRS) has increased to 2.82 million in 2021 to 2022, according to new data from HM Revenue and Customs (HMRC).
The data, based...
A new lettings agency has been launched by a council to work with private landlords and help homeless families find permanent homes.
GBC Lettings is part of Gravesham Borough Council’s response to...
Many landlords are thinking about selling up due to additional stress, costs and additional taxes that landlords now face.
However, it’s not all doom and gloom.
Anyone taking a long-term view on...
The National Residential Landlords Association (NRLA) has appealed to the Renters’ Reform Coalition, a group of organisations that push for tenants’ rights, to work together on improving the...
UK house prices rose by 0.9% in October – but the annual rate of house price growth remained negative at -3.3%, the latest figures from Nationwide reveal.
The average UK house price is still lower...
Average rents in Scotland for new tenancies have risen by double digits for the fourth consecutive quarter, reaching up to 19% year-on-year growth in some regions, research reveals.
The findings from Citylets...
Landlords looking to buy or remortgage properties can benefit from lower rates and more choices from Landbay.
That’s because the specialist buy to let lender has made more than 80 changes to its...
The lettings market in England experienced a post-summer slump in October, with rents on new tenancies falling by 11% and voids increasing by 29%, according to the latest Goodlord Rental Index.
The report,
With the Renters (Reform) Bill passing its second reading, one important detail many landlords and tenants will want to know is about tenants keeping pets in their rented home.
However, a largely forgotten...
While the Government has announced a new policy to simplify the council tax system for houses of multiple occupation (HMOs), not all types of HMOs will benefit from the change, and many tenants and landlords...
Many landlords in the UK are hiking rents to deal with increasing costs, especially higher interest rates and legislation changes, a survey reveals.
The findings from The Deposit Protection Service (The...
Growing numbers of renters are having to work more than one job to make ends meet amid soaring inflation and spiking rents, according to a new report.
The findings from SpareRoom, a flat-sharing site,
Landlords in Middlesbrough have criticised a selective licensing scheme that charges them £800 for a five-year licence – but it only has months to run.
Teesside Live reports that the scheme, which...
Renters in shared housing could save up to £1,000 a year thanks to a campaign by the National Residential Landlords Association (NRLA).
The Government has announced it will reform the way council tax...
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Property118.com Thursday 14th July 2011