Property118.com News Team

The Midlands shines as a rental hotspot amid dip in renter interest

The Midlands shines as a rental hotspot amid dip in renter interest...

Despite a slight nationwide drop in rental interest, the Midlands is emerging as an exception to the trend, a rental demand index reveals. The latest findings from Barrows and Forrester highlight that...

Renters on low income struggle to find affordable properties

Renters on low income struggle to find affordable properties...

People receiving housing benefits or Universal Credit can afford just one in 20 private rental homes, according to new figures. Research by the Institute of Fiscal Studies (IFS) reveals since the Local...

Landlords opt to buy homes with an EPC rating of C or higher

Landlords opt to buy homes with an EPC rating of C or higher...

Landlords are increasingly investing in energy-efficient properties that have an EPC rating of C or higher, a study reveals. Rightmove says that since January 2019, there has been a 16% increase in the...

New regulation to protect social housing tenants is set to become law

New regulation to protect social housing tenants is set to become...

The Social Housing Regulation Bill is set to become law after passing through both Houses and is awaiting Royal Assent. The Bill includes Awaab’s law, which will require social housing landlords to fix...

BTL mortgage brokers predict strong demand for limited company lending

BTL mortgage brokers predict strong demand for limited company...

Buy to let mortgage brokers are predicting a big rise in limited company lending for BTL landlords in the coming year, a survey reveals. According to Paragon Bank, 49% of brokers expect to handle a larger...

Councils want cash for enforcing S21 ‘no-fault’ evictions ban

Councils want cash for enforcing S21 ‘no-fault’ evictions...

Local authorities in England have raised concerns about the need for additional staff and funding to effectively enforce the proposed banning of Section 21 ‘no-fault’ evictions in the Renters...

Home sellers face drastic price cuts to attract buyers

Home sellers face drastic price cuts to attract buyers...

Homebuyers are successfully negotiating lower prices for homes with a whopping 42% of sellers agreeing to discounts of more than 5% on the asking price, research reveals. And, according to Zoopla, 15%...

Commercial landlords plan to spend £500k to meet EPC standards

Commercial landlords plan to spend £500k to meet EPC standards...

More than half of commercial landlords (55%) plan to invest £100,000 or more in improving the energy efficiency of their properties over the next 12 months.  Research by Handelsbanken Professional Landlords...

Property Investors Awards Property Developer of the Year

Property Investors Awards Property Developer of the Year...

Sanmi Adegoke, the CEO of Rehoboth Property International, has taken his journey from a place of slow-moving dreams and unfulfilling business ventures to a place where he is now recognised and sought after...

Rocketing service charges leave leaseholders with hefty bills

Rocketing service charges leave leaseholders with hefty bills...

An 8% surge in average annual service charges has left leaseholders across England and Wales grappling with a £1,431 price tag, research reveals, Estate and letting agents Hamptons say the main cause...

Prince William launches ambitious campaign to combat homelessness

Prince William launches ambitious campaign to combat homelessness...

Prince William has embarked on a significant five-year crusade in a bid to eradicate homelessness, arguing that such a problem has no place in a ‘contemporary and forward-thinking society’.

London’s tenants warned over ‘tough market’

London’s tenants warned over ‘tough market’...

Tenants in London are being warned that they’ll need to gear up for an intense property hunt this summer if they begin searching for a new home to rent. Chestertons says that May saw a 40% surge...

Rising interest rates are a ‘catastrophe’ for low-income tenants

Rising interest rates are a ‘catastrophe’ for low-income...

Millions of renters are feeling the pinch as landlords transfer their rising mortgage expenses to their tenants, resulting in unprecedented rent hikes, housing campaigners say. They warn that the Bank...

Landlords will have to hike rent by £614 to make a profit

Landlords will have to hike rent by £614 to make a profit...

Landlords in London and the South East will need to hike rents by a staggering £614 per month to make a profit when remortgaging at present rates. This means that tenants could see their monthly rent...

Landlords panic to fuel BTL remortgaging searches surge

Landlords panic to fuel BTL remortgaging searches surge...

Landlords and homeowners alike scrambled to find out how much it would cost to remortgage after the Bank of England’s base rate increase last Thursday, a data firm says. Twenty7tec says there was...

NRLA calls for mortgage relief as interest rates soar

NRLA calls for mortgage relief as interest rates soar...

The National Residential Landlords Association (NRLA) is demanding immediate action from the government to alleviate the financial strain on renters and landlords after 13 consecutive interest rate hikes.

Sadiq Khan repeats calls for an ‘immediate two-year rent freeze’ AND S21 ban

Sadiq Khan repeats calls for an ‘immediate two-year rent...

London’s Mayor Sadiq Khan has called for an immediate two-year rent freeze AND a ban on section 21 ‘no-fault’ evictions in London to help 160,000 Londoners who are behind on their rent.

PRS landlords face a future with furry friends

PRS landlords face a future with furry friends...

It may be good news for our furry friends that under the Renters’ Reform Bill they might be allowed in rented properties, but what does this mean for landlords? The proposed rules mean that landlords...

Supply of new instructions hits four-year high

Supply of new instructions hits four-year high...

The number of new property listings this year has risen by nearly 4% compared to 2022, and is only trailing 6% behind the pre-pandemic levels of 2019, research reveals. Data science firm TwentyEA says...

BoE interest rate hike – property world reacts

BoE interest rate hike – property world reacts...

In a bold move, the Bank of England has implemented an unexpected half per cent interest base rate increase to hit 5% – the highest since 2008. Seven out of the nine committee members voted for the...

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Thursday 14th July 2011

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