Property118.com News Team

Bank of England Base Rate up 0.25% to 4.5%

Bank of England Base Rate up 0.25% to 4.5%...

The Bank of England’s Monetary Policy Committee (MPC) Hawks have today voted 7 to 2 to increase the Base rate by 0.25% to the latest high since the credit crisis of 4.5% and the 12th rise in a row.

Record number of landlords are selling up – NRLA

Record number of landlords are selling up – NRLA...

Despite record tenant demand for a rented home, the number of landlords quitting has rocketed to a new high, research shows. Polling by the National Residential Landlords’ Association found that...

Shelter hits out at rent reform delay with dubious figures

Shelter hits out at rent reform delay with dubious figures...

The homelessness charity Shelter has hit out at the government’s delayed publication of the Renters’ Reform Bill this week. It says reform of the private rented sector is crucial because section...

Proposed EPC rules forcing thousands of landlords out of the PRS

Proposed EPC rules forcing thousands of landlords out of the...

The government’s proposed EPC rules are already forcing thousands of landlords to leave the private rented sector (PRS) because the cost of improvements will be so high, research reveals. Data shows...

Manchester’s selective landlord licensing scheme expands

Manchester’s selective landlord licensing scheme expands...

Manchester City Council has announced that its selective landlord licensing scheme has expanded this week to cover 700 more rented homes. There are five new licensing schemes in four neighbourhoods and...

Landlords continue fleeing PRS as tenant demand rises

Landlords continue fleeing PRS as tenant demand rises...

Tenant demand in the first three months of the year rocketed by 41%, but fewer rental properties came onto the market, a survey reveals. The Royal Institution of Chartered Surveyors (RICS) residential...

Renters Reform Bill is delayed – again

Renters Reform Bill is delayed – again...

In news that will not surprise anyone, the government has revealed that ‘procedural issues’ have delayed the publication of the Renters Reform Bill that is poised to shake up the private rented...

One in 20 tenants missed their rent payment in April

One in 20 tenants missed their rent payment in April...

The cost-of-living crisis is still being felt by renters around the country after research reveals that one in 20 tenants didn’t pay rent in April. The Which? Consumer Insight Tracker highlights...

Property Investors Awards Winner Xuan Meng

Property Investors Awards Winner Xuan Meng...

From finance to the property world, Xuan Meng’s journey has seen her build a £10 million property portfolio since 2018. Her company, Cozy Hauz, buys run-down properties and then pushes up the value...

MPs could be earning £2.2m in rent every year

MPs could be earning £2.2m in rent every year...

Research from a campaign group shows that nearly 20% of Conservative MPs are landlords as the Renters’ Reform Bill nears publication. The findings from 38Degrees highlight that MPs who own rental...

Tenant demand reaches a record high

Tenant demand reaches a record high...

Tenant demand has reached an all-time high, according to new research. A survey of 700 landlords by Paragon Bank reveals that 67% of landlords experienced increased tenant demand during the first quarter...

Skipton unveils deposit-free mortgage for renters

Skipton unveils deposit-free mortgage for renters...

The first 100% LTV mortgage in the UK aimed at renters ‘trapped in the rental cycle’ has been unveiled by the Skipton Building Society. It says the mortgage is a ‘lifeline’ to renters...

Three months of growth end as house prices dip

Three months of growth end as house prices dip...

After a strong performance in March, the UK’s annual house price growth was just 0.1% in April, Halifax reports. Its house price index highlights that three months of growing prices have come to...

‘Horticultural horrors’ revealed by DPS

‘Horticultural horrors’ revealed by DPS...

The Deposit Protection scheme reveals some of the unusual tenancy deposit disputes that they have come across relating to gardens. One case saw a tenant pulling up thousands of pounds worth of exotic plants...

Inventories key to fire safety

Inventories key to fire safety...

Inventories play a key role in protecting tenants from house fires, according to an industry figure. The Association of Independent Inventory Clerks (AIIC) believes running through safety protocols and...

Build-to-rent sector stalls as completions slump

Build-to-rent sector stalls as completions slump...

The number of build-to-rent (BTR) completions in the UK has slumped by 56% in a year – with the decline being blamed on the London market, research reveals. Property developer Stripe Property Group...

The postcodes where homes sell for 110% of the asking price

The postcodes where homes sell for 110% of the asking price...

Research shows that 99.7% of home sellers in England and Wales managed to achieve their home’s asking price over the past 12 months, on average – and some have sold for 110%. The findings from...

Where house prices have rocketed by 25%

Where house prices have rocketed by 25%...

Homeowners and landlords in one in five of the UK’s local authorities have seen the average rate of house price growth outpacing the rate of inflation – and in some areas, prices have leapt...

Controversial Renters Reform Bill to be published next week – possibly

Controversial Renters Reform Bill to be published next week –...

The long-awaited Renters’ Reform Bill which could lead to a massive shake-up of the private rented sector (PRS) is set to be published next week. However, there is no confirmed date and no mention...

An open letter to Sadiq Khan and his plans for a rent freeze

An open letter to Sadiq Khan and his plans for a rent freeze...

Calls by London Mayor Sadiq Khan for a rent freeze in the capital have led one resident to pen an open letter in the hope of a response. Rob Thomas is a mortgage market researcher, and he was prompted...

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Thursday 14th July 2011

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