Brexit has had a negative impact on rents in London’s prime residential markets which are now showing early signs of bottoming out, with the annual rate of decline now at its slowest since the June 2016 referendum.
The ban on letting fees in England and a cap on tenancy deposits is set to save renters at least £240 million a year, or up to £70 per household, according to the Ministry of Housing.
There has been a significant rise in demand from people looking to rent property amid political and economic uncertainty and this is placing upward pressure on rental values, the latest figures show.
Investing in property in England as a short term measure is no longer better than savings rates due to prices falling, according to new research.
Rental growth in the private rented sector in Britain slowed in the 12 months to January 2019, overall up by just 0.6%, according to the latest index.
There is a misconception among some people that all buy-to-let landlords are wealthy, but the reality is that most operate as individuals earning a modest income from buy-to-let property that is likely to supplement other earnings, the latest figures show.
The cost of living in London accounts for all, or more, of the money on offer in 12 out of 32 London boroughs, with a further 13 seeing the cost of living account for 90% or more of the average wage, flatshare website Ideal Flatmate has found.
Some £75 billion of investment will be committed to the professionally managed private rented sector in the UK by 2025 as the sector continues to grow due to demand, says a new analysis.
A recent poll suggests that the majority of UK property investors are set to grow their portfolios in 2019, despite a backdrop of uncertainty (mostly caused by Brexit) and a squeeze on affordability.
The cost of average deposits has increased across the UK, according to the latest Statistical Briefing report by The Dispute Service (TDS).
The proportion of income spent by private tenants on rents in England has continued to fall, according to an official report on the state of the country’s housing.
The average cost of three out of six categories of fixed rate buy-to-let mortgage has increased over the past month, while the remaining three categories have fallen in cost, according to the latest research from online mortgage broker, Property Master.
A ban on Section 21, the process where landlords start an eviction, could have a negative impact on the private rented sector, new research suggests.
The majority of UK property professionals are set to expand their portfolios in 2019 despite a backdrop of uncertainty and squeeze on affordability, MT Finance has found.
Private rental sector tenants in England stay an average of 4.1 years in their property – casting doubt over the justification put forward by the government for the introduction of longer tenancies.
The number of tenants experiencing rent increases fell for the fourth month running in December, with 18% of agents reporting that landlords increased rents, ARLA Propertymark’s December Private Rented Sector has found.
Rules on electrical safety in the UK’s private rented sector are being tightened to ensure mandatory electrical checks are carried out by competent and qualified inspectors.
New research reveals the number of tenants in the private rented sector who leave their home before they are ready to as a result of a change in ownership.
For the first time ever, buy-to-let landlords will be legally required to become members of a redress scheme, as part of measures for a new Housing Complaints Resolution Service for the entire residential property market, it was announced yesterday.
Mortgage lending across the residential market in December 2018 reached £21.1bn, some 4.7% up year-on-year, UK Finance’s Household Finance Update has found.