May
3

Thank you, and here is a gift for you – High Value training on Sunday

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I am delighted to be able to share a valuable gift with you this weekend.

I am giving this gift to the clients on my database and wanted to also offer it to the subscribers of property 118.

View Full Article: Thank you, and here is a gift for you – High Value training on Sunday

May
3

Scottish landlords exit as housing crisis deepens

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Scottish landlords are throwing in the towel and leaving the sector due to the impact of rent controls – and the prospect of permanent rent rise restrictions, warns one industry body.

The Scottish Association of Landlords (SAL) tells Property118 that Scotland is facing a housing crisis that will only get worse if landlords continue to leave.

View Full Article: Scottish landlords exit as housing crisis deepens

May
3

UK house prices to remain flat in 2024 – But 10 areas will see double-digit rises

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The UK’s housing market is forecast to experience a subdued year in 2024, with average house prices expected to decline slightly by -2.6%, a new analysis reveals.

The firm also says that its analysis shows that since the base rate was held at 5.25% in September 2023

View Full Article: UK house prices to remain flat in 2024 – But 10 areas will see double-digit rises

May
2

How many Lords will be ‘a leaping’ for the Renters (Reform) Bill?

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Now that the Renters (Reform) Bill is heading to the Lords, I’m struck by the lack of celebration by landlords everywhere. Not even our critics are happy – Shelter says it has ‘disowned’ the Bill.

It is nice to see the government tick off both sides of the debate with legislation that is literally a curate’s egg (apologies for the idiom overload

View Full Article: How many Lords will be ‘a leaping’ for the Renters (Reform) Bill?

May
2

Landlords welcome “great news” as clever selling strategies see an increase in profits

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As we enter into May, finally landlords have been met with some welcome news. It comes ahead of concerns in recent weeks that landlords could be facing “Armageddon” amidst a housing crisis, coupled with delays taking landlords up to two years to sell.

View Full Article: Landlords welcome “great news” as clever selling strategies see an increase in profits

May
2

Shelter calls for 90,000 affordable homes to rent to be built EVERY year

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Homelessness charity Shelter is calling for all political parties to commit to building 90,000 affordable social homes every year – with rents that are tied to local incomes.

It says the move will deliver a ‘lasting and ultimate solution to homelessness’.

View Full Article: Shelter calls for 90,000 affordable homes to rent to be built EVERY year

May
2

Letting agency’s entitlement to share of sale?

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Hi, my house has been let for several years to a tenant who has expressed an interest in buying it. I do not want to sell it at this moment in time and have advised them of this.

I am now changing letting agencies.

View Full Article: Letting agency’s entitlement to share of sale?

May
2

Propertymark unveils its housing plan for the next London mayor

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London’s next mayor will face huge pressure to address the capital’s housing crisis, according to Propertymark.

Today, voters will cast their votes for the next mayor and 25 Assembly members in a city with a population of more than nine million

View Full Article: Propertymark unveils its housing plan for the next London mayor

May
1

UK house price growth slows down – Nationwide

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UK house prices saw a slowdown in annual growth in April of just 0.6%, down from 1.6% in March, Nationwide reveals.

It also says that the month-on-month price fell 0.4% from March to April.

The slowdown in house prices is down to affordability issues

View Full Article: UK house price growth slows down – Nationwide

May
1

Year-on-year rents rise by 5.7% – voids remain stable

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Rents continued their upward trajectory in April, with the latest figures from Goodlord showing a year-on-year increase of nearly 6% in England.

The average monthly rent now stands at £1,166, marking a £63 rise compared to April 2023.

View Full Article: Year-on-year rents rise by 5.7% – voids remain stable

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