The Bank of England’s Monetary Policy Committee voted 7 to 2 to increase the Base rate by 0.5% against the expected 0.25% to a new post-credit crisis high of 5%. Interestingly the two dissenting...
Fixed-rate remortgages continue to be the preferred choice for buy-to-let property owners – but the gap between choosing a two-year or five-year fixed rate is narrowing, a survey reveals.
Landbay...
A city council is to hire a third-party firm to carry out the licencing inspections of private rented homes at a cost of £4.4million over five years – while pocketing £1,014,500.
Peterborough City...
A general insurance platform provider has unveiled a new rolling subscription model for tenants’ contents insurance in a bid to deliver flexibility for renters.
Paymentshield says that its offering...
The UK’s private rental market saw a 5% surge in rents in the year to May – with growth now outpacing the previous 12-month period, the Office for National Statistics (ONS) reveals.
That’s...
Landlords are now scrambling to sell their high-yielding rental properties as rocketing mortgage rates hit profit margins on even the most lucrative investments, the Daily Telegraph reports.
In data provided...
In a pioneering move, one buy to let specialist lender says it will offer a £1,000 cashback incentive to landlord borrowers who upgrade their property’s Energy Performance Certificate (EPC) level...
Max Scott’s journey began in 2013 when he decided to spend some of his savings on a year’s property investment training programme.
Now his firm, Star Property Group, has a portfolio that has grown...
Landlords and property investors are being warned that a plan by the Mayor of London, Sadiq Khan, to introduce an Ultra-Low Emission Zone (Ulez) expansion could put the skids under house prices.
A study...
There is a consistent stream of private landlords leaving the UK’s property market – and it has been a steady flow since 2018 – but it is not an exodus, Zoopla says.
The property platform...
The Welsh Minister for Climate Change, Julie James MS, has expressed her support for the National Residential Landlords’ Association (NRLA) proposal to conduct a comprehensive review of taxation...
A study has exposed the vulnerability of millions of homeowners who may face mortgage defaults if interest rates continue to climb.
Moneyhub’s research indicates that 26% of homeowners with a mortgage...
A report revealing a significant increase in second home registrations in London has prompted leading figures to call for government intervention in the holiday lettings market.
The data, collected by...
As small buy-to-let landlords struggle to keep up with increasing interest rates, a wave of City investors is stepping in to fill the gap in the rental market, one property consultancy says.
The firm,
The Chartered Institute of Housing (CIH) has teamed up with a group of charities and consumer organisations, dubbed ‘Warm this Winter’, to encourage the government to decide on a deadline for...
Private landlords in one city who have not yet applied for licences to rent out their homes are being urged to act quickly despite the council only processing just over 9% of applicants.
Oxford City Council...
Average new seller asking prices fallen for the first time this year, the Rightmove House Price Index reveals.
New seller asking prices fell by £82 this month to £372,812.
The House Price Index for June...
New figures reveal Londoners are having to pay £600 a week for rent.
Figures from Foxtons reveal that average weekly rental prices in May have surpassed the peak of 2022, increasing 8% from the previous...
We all hear about the rise in short-term lets, and how it might be to blame for the housing crisis – but is it really true?
With growing regulation around short-term rentals such as Airbnbs, many holiday-let...
Citizens Advice has raised concerns about the potential for backdoor ‘no fault’ evictions if Section 21 is banned – and it wants renters to be protected from eviction for the first two...
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Property118.com Thursday 14th July 2011