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Home sellers spark 1.9% fall in asking prices

Home sellers spark 1.9% fall in asking prices...

Average new seller asking prices have seen a significant decline of 1.9%, or £7,012 this month, bringing the average price down to £364,895, research reveals. The findings from Rightmove show the price...

0:01 AM, 21st August 2023, About 11 months ago |  0

House PricesLatest ArticlesLettings & Management
Housing Benefit freeze sees tenants falling ‘£200 short’ every month

Housing Benefit freeze sees tenants falling ‘£200 short’...

Families on low incomes are grappling with a monthly deficit of £200 due to a stagnant housing benefit that doesn’t cover soaring rents, a charity warns. Housing advisors from Wiltshire Citizens...

0:03 AM, 18th August 2023, About 11 months ago |  3

Latest ArticlesLettings & Management
Michael Gove names and shames ‘failure’ social housing landlords

Michael Gove names and shames ‘failure’ social housing landlords...

The Housing Secretary Michael Gove has written public letters to 13 leading social housing landlords, including Notting Hill, Hyde and Sovereign, criticising their negligence and poor service towards tenants.

0:02 AM, 18th August 2023, About 11 months ago |  3

Latest ArticlesLettings & Management
Tenants not interested in a property’s EPC rating

Tenants not interested in a property’s EPC rating...

An industry body claims while engagement in energy-efficiency ratings is on the rise, tenants rarely show much interest in a property’s EPC rating. A survey of 271 Propertymark member agents reveals...

0:01 AM, 18th August 2023, About 11 months ago |  12

EPCLandlord NewsLatest ArticlesProperty NewsPropertymark
Rent cap law drives up Scottish rents to record highs

Rent cap law drives up Scottish rents to record highs...

Average rents in Scotland for new tenancies in the private rented sector (PRS) have soared by 11.4% – the third consecutive quarter for a double-digit increase, one lettings portal reveals. Citylets...

0:01 AM, 18th August 2023, About 11 months ago |  12

Latest ArticlesLettings & ManagementScotland
Unlock Tax Benefits and a Sunny Lifestyle: Introducing Malta’s Global Residency Programme

Unlock Tax Benefits and a Sunny Lifestyle: Introducing Malta’s...

Are you a UK property investor on the lookout for smart ways to minimize your tax burden while exploring new horizons? Imagine a life where over 300 days of sunshine, enticing tax benefits, and a remarkable...

13:25 PM, 17th August 2023, About 11 months ago |  0

Landlord Tax PlanningLatest ArticlesMalta Resident Tax Statusnon-resident
Buy to let returns plummet for landlords as mortgage rates soar

Buy to let returns plummet for landlords as mortgage rates soar...

The average yearly returns on a rental property in the UK have fallen by more than £4,000 in June 2023, compared to the same month last year, research reveals. The data from finder.com analysed monthly...

9:15 AM, 17th August 2023, About 11 months ago |  2

Latest ArticlesLettings & ManagementProperty Investment News
Student accommodation will struggle for two years – as guarantor demand soars

Student accommodation will struggle for two years – as...

Students looking for accommodation for the upcoming academic year are facing an increasingly tough situation, one rent guarantor firm warns. Housing Hand says there has been a 50% surge in rental guarantor...

8:44 AM, 17th August 2023, About 11 months ago |  3

Latest ArticlesLettings & Management
Section 21 removal will cause chaos in courts

Section 21 removal will cause chaos in courts...

A leading industry body is warning the Justice Secretary that the removal of Section 21 will cause harm to the legal system. Propertymark has written to Alex Chalk about the level of widespread concern...

0:04 AM, 17th August 2023, About 11 months ago |  38

Landlord NewsLatest ArticlesPropertymarkRenters Reform BillTenant Eviction
Rents rocket at the highest rate since 2016

Rents rocket at the highest rate since 2016...

The soaring price of renting in the UK is at the highest rate since January 2016 – and is being fuelled by strong tenant demand and a decline in the number of available properties. The data from...

0:02 AM, 17th August 2023, About 11 months ago |  0

Latest ArticlesLettings & ManagementProperty Market NewsRent Prices
Tax incentives required for EPC improvements

Tax incentives required for EPC improvements...

An industry body is urging the chancellor to introduce tax incentives for energy improvements for PRS homes. Propertymark has written a letter to Jeremy Hunt suggesting changes to the tax system that will...

0:04 AM, 16th August 2023, About 11 months ago |  3

EPCLandlord NewsLatest ArticlesPropertymark
Exodus of PRS landlords picks up pace

Exodus of PRS landlords picks up pace...

There are signs that a potentially larger-than-anticipated property sell-off among the nation’s landlords is underway, Bloomberg reports. Using an analysis based on capital gains tax receipts compiled...

0:03 AM, 16th August 2023, About 11 months ago |  32

Capital Gains TaxLatest ArticlesLettings & ManagementProperty News
Landlords split on proposed PRS Ombudsman

Landlords split on proposed PRS Ombudsman...

Landlords are not convinced about how fair the proposed mandatory Private Rented Sector (PRS) Ombudsman will be if the Renters (Reform) Bill becomes law. The regulatory body will offer an impartial and...

0:02 AM, 16th August 2023, About 11 months ago |  3

Latest ArticlesLettings & ManagementRenters Reform Bill
Landlords warned to avoid cheap EICR inspections

Landlords warned to avoid cheap EICR inspections...

Landlords are unwittingly putting their tenants at risk of fire hazards due to a flawed approach in hiring electricians for Electrical Installation Condition Reports (EICR), one firm warns. Landlord Licensing...

0:01 AM, 16th August 2023, About 11 months ago |  3

Latest ArticlesLettings & Management
Students face chaos in trying to find accommodation

Students face chaos in trying to find accommodation...

With A-level results due this week many students could be left facing a battle in finding accommodation. According to the Times, undergraduates at some universities could be temporarily housed in hotels...

0:02 AM, 15th August 2023, About 11 months ago |  3

Landlord NewsLatest ArticlesRenters Reform Bill
Overhaul of EPC system in Scotland

Overhaul of EPC system in Scotland...

A consultation on EPC reform proposals is taking place in Scotland. The Scottish government say EPCs are not appropriate to drive energy-efficiency improvements and meet net-zero targets. The new proposed...

0:01 AM, 15th August 2023, About 11 months ago |  9

EPCLandlord NewsLatest ArticlesScotland
2-year 70% LTV Buy to Let rates reduced 0.45% by Paragon

2-year 70% LTV Buy to Let rates reduced 0.45% by Paragon...

Paragon Bank has reduced its core two-year fixed rate buy-to-let mortgages starting at 4.85% for a maximum 70% Loan to Value (LTV) dependent on EPC rating Rates on the two-year fixes are priced at 4.85%...

14:35 PM, 14th August 2023, About 11 months ago |  2

Buy to Let NewsLatest Articles
London sees more record breaking rent rises

London sees more record breaking rent rises...

Average weekly rent in London rises again, according to new figures. The latest figures from Foxtons lettings index reveal average weekly rent in July was £597 per week, slightly lower than the £599...

9:53 AM, 14th August 2023, About 11 months ago |  1

Landlord NewsLatest Articles
Landlords selling up see capital gains fall

Landlords selling up see capital gains fall...

Landlords who have sold up this year have seen their capital gains take a hit – they are making £10,000 less than they did last year, research reveals. According to real estate firm Hamptons, the...

0:10 AM, 14th August 2023, About 11 months ago |  0

Latest ArticlesLettings & ManagementProperty Market News
Tougher rules needed for abandoned tenancies – Propertymark

Tougher rules needed for abandoned tenancies – Propertymark...

Tenant abandonment is a serious problem for landlords, who may face legal and financial risks if they try to regain possession of their property without following the correct procedures. And that’s...

0:01 AM, 14th August 2023, About 11 months ago |  4

Latest ArticlesLettings & Management

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