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Landlord earnings fall sharply as rental market struggles

Landlord earnings fall sharply as rental market struggles

Landlords with an average buy-to-let mortgage are seeing their annual earnings drop by over £4,000 per property compared to 2020, primarily due to rising interest...

Labour plans major housing reforms with no-fault evictions ban

Labour plans major housing reforms with no-fault evictions ban

Chancellor Rachel Reeves has announced Labour’s comprehensive housing reform plans, which include banning Section 21 evictions, easing rules on green belt development, and setting new...

Labour’s election win presents key opportunity for housing reform

Labour’s election win presents key opportunity for housing reform

Keir Starmer, the newly elected Prime Minister, is positioned to address Britain’s housing crisis, leveraging Labour’s substantial parliamentary majority to implement significant reforms. Jonathan Rolande,...

Halifax Report: Labour’s Housing Plans Unlikely to Impact Immediate Market Trends

Halifax Report: Labour’s Housing Plans Unlikely to Impact Immediate Market Trends

The latest Halifax House Price Index reveals that house prices fell by 0.2% in June, with an annual increase of 1.6% and a slight rise...

Election Impact Minimal on Landlord Decisions, Reveals Foxtons Survey

Election Impact Minimal on Landlord Decisions, Reveals Foxtons Survey

A recent survey by Foxtons has shown that the general election will have little effect on landlords’ decisions to grow or sell their property portfolios....

Paragon Bank slashes buy-to-let rates and unveils new fixed-rate deals

Paragon Bank slashes buy-to-let rates and unveils new fixed-rate deals

Paragon Bank has taken a significant step to attract UK landlords by cutting rates on its core buy-to-let mortgage range and introducing six new five-year...

Letting agents and landlords tackle low tenant demand in select postcodes

Letting agents and landlords tackle low tenant demand in select postcodes

New research from Zero Deposit, a tenancy deposit alternative provider, reveals that rental market turnover is as low as 10% in some UK postcodes, highlighting...

Call for tax reform to boost rental housing supply

Call for tax reform to boost rental housing supply

Propertymark is urging the next government to reconsider the tax rules for landlords to incentivise new investment in the buy-to-let sector, as the number of...

Record-high rents persist despite slowing growth

Record-high rents persist despite slowing growth

The average rent in the UK reached a record high of £1,299 per month in June 2024, up from £1,229 in June 2023, according to...

Housing market sees 23% rise in property listings ahead of election

Housing market sees 23% rise in property listings ahead of election

New data from Home Sale Pack reveals a significant 22.9% increase in the number of new homes listed for sale across Britain, as sellers aim...

Lenders cut mortgage rates ahead of anticipated interest rate reduction

Lenders cut mortgage rates ahead of anticipated interest rate reduction

Three of the UK’s largest lenders have reduced their fixed mortgage rates over the past week, anticipating a potential interest rate cut by the Bank...

Rightmove reveals half of UK homes need EPC upgrades

Rightmove reveals half of UK homes need EPC upgrades

New research from property portal Rightmove highlights the immense and costly task facing the next government in upgrading the UK’s housing stock. Over half of...

HMO landlords rely on property as sole income source

HMO landlords rely on property as sole income source

A recent survey by Landbay reveals that half of HMO (House in Multiple Occupation) landlords rely solely on their property portfolios for income. This reliance...

Labour’s 1.5 million homes pledge faces scepticism

Labour’s 1.5 million homes pledge faces scepticism

New data analysis by Yopa, the full-service estate agents, suggests that Labour’s ambitious promise to build 1.5 million new homes in their first parliamentary term...

Estate agents ramp up anti-money laundering checks

Estate agents ramp up anti-money laundering checks

There has been a significant surge in anti-money laundering (AML) checks carried out by estate agents, as reported by Credas Technologies. In the first quarter...

Letting agent warns scottish minister: rent controls may deter investment

Letting agent warns scottish minister: rent controls may deter investment

David Alexander, CEO of DJ Alexander, has urged Scotland’s Housing Minister Paul McLennan to amend proposed rent control policies, warning that failing to do so...

Rental sector trade bodies warn parties over landlord crackdown plans

Rental sector trade bodies warn parties over landlord crackdown plans

Two of the UK’s largest trade organisations representing the private rental sector have voiced their concerns regarding major political parties’ pledges to impose stricter regulations...

Bank of England maintains base rate at 5.25% despite hitting inflation target

Bank of England maintains base rate at 5.25% despite hitting inflation target

In a move that surprised some but aligned with many economists’ expectations, the Bank of England’s Monetary Policy Committee (MPC) voted 7 to 2 to...

Labour’s new housing manifesto targets rogue landlords

Labour’s new housing manifesto targets rogue landlords

Labour has unveiled new policies to tackle bad landlords and win over renters in its latest manifesto. Angela Rayner announced plans to ban no-fault evictions,...

Rental reform plans at risk from lack of tenant choice, warns NRLA

Rental reform plans at risk from lack of tenant choice, warns NRLA

A shortage of rental homes is set to undermine the political parties’ plans to reform the rental market, warns the National Residential Landlords Association (NRLA)....
















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