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Foreign owned homes in London worth £55.2bn

Foreign owned homes in London worth £55.2bn...

Foreign homeowners have £84.2bn worth of property across England and Wales, according to a new report. Letting agents Benham and Reeves reveal that there are an estimated 280,021 homes currently registered...

0:01 AM, 14th July 2023, About A year ago |  0

Latest ArticlesProperty Market NewsProperty News
Bank of England sounds house price crash warning if landlords sell-up

Bank of England sounds house price crash warning if landlords...

The Bank of England (BoE) is warning that higher buy to let mortgage rates could see landlords sell up and leave the private rented sector – or push rents up for tenants. In its latest Financial...

0:10 AM, 13th July 2023, About A year ago |  8

BTL mortgagesLatest ArticlesProperty Market News
MPs believe empty homes could help solve housing crisis

MPs believe empty homes could help solve housing crisis...

MPs are calling on the government to turn empty buildings into affordable homes. The group of MPs believe turning commercial properties into residential spaces can help solve the housing crisis. According...

0:04 AM, 13th July 2023, About A year ago |  11

Latest ArticlesProperty News
Landlords hit by rising arrears in buy to let market

Landlords hit by rising arrears in buy to let market...

BTL mortgage arrears are rocketing for landlords in the private rented sector (PRS), while they are falling for homeowners, a new study reveals. The research from Octane Capital, a specialist property...

0:03 AM, 13th July 2023, About A year ago |  1

BTL mortgagesBuy to Let NewsLatest Articles
Letting agents urged to contact MPs over Bill

Letting agents urged to contact MPs over Bill...

Lettings agents are being urged to contact their MPs over the Renters (Reform) Bill since it appears that the upcoming Parliamentary recess means there is no time to debate it until the autumn. The call...

0:01 AM, 13th July 2023, About A year ago |  3

Latest ArticlesRenters Reform Bill
225,000 landlords in trouble as mortgage rates soar

225,000 landlords in trouble as mortgage rates soar...

A new report has found that nearly 225,000 landlords could lose money on their rental properties when they renew their mortgages as buy to let rates approach 7%, the Daily Telegraph has revealed. An analysis...

0:02 AM, 12th July 2023, About A year ago |  7

BTL mortgagesLatest ArticlesProperty Investment News
High interest rates drive down property sales

High interest rates drive down property sales...

Property sales are falling across the country due to rocketing interest rates, according to new research. Data from House Buyer Bureau reveals across Great Britain there were just 43,209 transactions in...

0:01 AM, 12th July 2023, About A year ago |  0

Latest ArticlesProperty Market NewsProperty News
Holiday homes worth billions in England and Wales

Holiday homes worth billions in England and Wales...

New research reveals there are £21 billion worth of holiday homes in England and Wales. Letting agents Barrow and Forrester discovered there are 71,140 holiday homes found across England & Wales.

0:01 AM, 12th July 2023, About A year ago |  0

Holiday letsLatest ArticlesProperty News
Shelter demands 12 months of no re-letting in new Bill

Shelter demands 12 months of no re-letting in new Bill...

The Levelling Up, Housing and Communities Committee has been told that the Renters (Reform) Bill needs strengthening to prevent landlords from using a loophole to evict tenants for no reason. The follow-up...

9:50 AM, 11th July 2023, About A year ago |  56

Latest ArticlesRenters Reform Bill
Welsh Government faces backlash over holiday accommodation licence plan

Welsh Government faces backlash over holiday accommodation licence...

The Welsh Government’s plan to introduce a statutory licence for tourist accommodation providers has met with strong resistance from the industry and the public, according to a consultation report.

0:02 AM, 11th July 2023, About A year ago |  0

Holiday letsLatest ArticlesLettings & ManagementWales
How the Renters’ (Reform) Bill could backfire on tenants: Higher rents and fewer homes

How the Renters’ (Reform) Bill could backfire on tenants:...

The Government’s plan to reform the rental sector may have unintended consequences for tenants, the Daily Telegraph reports. The Renters (Reform) Bill, championed by the housing secretary Michael...

0:01 AM, 11th July 2023, About A year ago |  11

Latest ArticlesLettings & ManagementRenters Reform Bill
The Times wants to speak to the next generation of landlords

The Times wants to speak to the next generation of landlords...

The Times is looking to speak with the next generation of landlords who are still investing in buy-to-let despite challenges around interest rates, tax and regulation. The piece will interview landlords...

13:33 PM, 10th July 2023, About A year ago |  0

Buy to Let NewsLandlord NewsLatest ArticlesRegulation
Number of home sales halved since last year

Number of home sales halved since last year...

Transaction levels have plummeted by -54% this year, according to a new report. Research by letting agents Barrows and Forrester, reveals both transactions and total market values of homes sold, fell by...

0:03 AM, 10th July 2023, About A year ago |  0

Latest ArticlesProperty Market NewsProperty News
Challenging issues for leaseholders highlighted in new report

Challenging issues for leaseholders highlighted in new report...

A leading industry body reveals 78% of agents believe that leasehold property with an increasing ground rent will struggle to sell. The report by Propertymark has highlighted ongoing issues in the buying...

0:02 AM, 10th July 2023, About A year ago |  7

Landlord NewsLatest Articles
House prices cooling amid high interest rates

House prices cooling amid high interest rates...

Average house prices fell by -0.1% in June, Halifax’s third consecutive monthly fall. Its latest House Price Index reveals house prices fell to £285,932 in June, down by around £7,500, compared...

9:32 AM, 7th July 2023, About A year ago |  0

Latest ArticlesProperty Market NewsProperty News
Social housing landlords slammed for ‘creating harm to tenants’

Social housing landlords slammed for ‘creating harm to...

The Regulator of Social Housing (RSH) has revealed that 13 social landlords have breached current consumer standards over the past year. The regulator says in breaching the standards, the landlords posed...

0:06 AM, 7th July 2023, About A year ago |  1

Latest ArticlesLettings & Management
Rent guarantee firms ‘are pushing out tenants’

Rent guarantee firms ‘are pushing out tenants’...

Some rent guarantee companies are allegedly encouraging landlords to evict tenants who are not deemed profitable enough, even if they pay their rent on time and have no other issues, an investigation reveals.

0:05 AM, 7th July 2023, About A year ago |  1

InsuranceLatest ArticlesLettings & Management
True cost of housing reaches record breaking high

True cost of housing reaches record breaking high...

Housing affordability is at its worst in decades, according to new research. According to House Buyer Bureau, today’s homebuyers have by far the toughest financial task when it comes to housing affordability...

0:01 AM, 7th July 2023, About A year ago |  2

Latest ArticlesProperty Market NewsProperty News
Falling demand fails to curb house price rises

Falling demand fails to curb house price rises...

New research reveals despite demand falling, UK house prices are still rising. According to TwentyEA asking prices at original instruction have risen nearly 3.5% in the last year and more than 24% since...

0:01 AM, 7th July 2023, About A year ago |  1

Landlord NewsLatest Articles
Labour blasts government for breaking Section 21 promise

Labour blasts government for breaking Section 21 promise...

The government has been criticised by Labour for failing to deliver on its pledge to end section 21 ‘no-fault’ evictions. First mooted by the Conservatives as part of its 2019 election manifesto,

8:51 AM, 6th July 2023, About A year ago |  10

Latest ArticlesLettings & ManagementRenters Reform Bill

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