Two million tenants across the UK could be hit with rent rises in 2018 as 40% of landlords are planning to increase what they charge in the private rented sector, new research suggests.
A lack of supply and high prices are affecting all home owners in the UK, including first time buyers and downsizers, a new survey has found.
It is well known that more tenants in the UK’s private rented sector would like to be able to keep pets in rented homes but landlords who do so need to be cautious, it is suggested.
Living near a supermarket in the UK adds an average premium to the price of a home of £21,500, but it does depend on which brand, new research has found.
Job losses in the retail sector could lead to in a spike in mortgage arrears as people struggle for employment, Spicerhaart Corporate Sales account manager Dave Miller has predicted.
Nearly two out of five (38%) landlords will use limited companies to buy properties over the next year compared to 28% as individuals, highlighting the continuing rise of the professional landlord.
The number of people in the UK who support new homes being built in their local area is more or less unchanged in recent years, official figures show.
A lot has been written about how professional people like nurses, teachers and police officers struggle to get on the housing ladder in the UK but now new research looks at who can and cannot afford to buy a home.
In almost half – 16 – of the 33 London boroughs, rent on a two-bedroom flat increased by more than 30% over the corresponding period, while, across England, rents rose 18.2% to £650 per calendar month.
Young people, particularly students, are increasingly required to provide guarantors when they rent a property, ensuring that if they default on the rent, landlords can pursue the guarantor for the unpaid sum.
An electrical testing equipment firm and an MP are setting up a national campaign to demand new laws on appliance testing in rental properties.
Prices grew at a faster than expected rate last month according to the Halifax House Price Index, which has reported a 1.5 per cent hike for May.
Homes in the UK worth £1 million or more are selling more quickly in Cambridge than any other part of the country, twice as fast as the national average, new research reveals.
Property prices in Britain are set to lag behind inflation this year and in 2019 and are expected to fall in London, according to a poll of property market experts.
Demand for 5-year fixed rate remortgages has bounced back to hit 47% of the total remortgage market in April – the highest proportion in six months, conveyancing service provider LMS has found.
House prices are 106 times higher than they were when England won the World Cup in 1966 – growing three times faster than wages, online mortgage broker Trussle has found.
May saw the highest number of new sellers list their properties in any single month since pre-2017, the latest Property Supply Index by online estate agents HouseSimple.com has found.
A cross-party group of MPs, landlords and immigration lawyers are challenging the Right to Rent immigration policy in the High Court.
Southampton (88%), Norwich (87%), Bristol (87%) and Plymouth (80%) have the largest proportions of property sales between £125,000 and £500,000, which is where there is a saving of stamp duty to be made, L&C Mortgages has found.
Rental growth in England (excluding London) fell to 1.18% in the year to May 2018, the smallest annual increase in five years, the latest Landbay Rental Index has found.