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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)....

Rental growth slows but demand remains “out of control” and rents “unaffordable”

Rental growth slows but demand remains “out of control” and rents “unaffordable”

UK rental growth has slowed to a modest +0.2% increase from April to May, according to the latest HomeLet Rental Index. Despite this slight deceleration,...

Rising house prices and rents squeeze first-time buyers

Rising house prices and rents squeeze first-time buyers

House prices across the UK have risen by 1.1% in the year to April, with the average house price now standing at £326,248, according to...

Inflation drops to Bank of England’s target for the first time in three years

Inflation drops to Bank of England’s target for the first time in three years

Inflation in the UK has finally hit the Bank of England’s target, reaching 2% in May for the first time since July 2021. This marks...

Renters Lose Over £700 Million in Deposits Due to Cleaning Deductions

Renters Lose Over £700 Million in Deposits Due to Cleaning Deductions

UK renters are losing over £700 million annually due to avoidable cleaning-related deductions from their deposits, according to recent data from SpareRoom. SpareRoom, a leading...

More listings balance the London rental market

More listings balance the London rental market

The London rental market saw a significant shift in May 2024, with a marked increase in property listings leading to a more balanced environment for...

General election uncertainty lowers competition and house prices

General election uncertainty lowers competition and house prices

The UK housing market is experiencing notable shifts due to the impending general election on 22 May, as highlighted by Knight Frank. The estate agency...

Digital revolution in renting: OpenBrix, TDS, and Home team up

Digital revolution in renting: OpenBrix, TDS, and Home team up

OpenBrix has announced a groundbreaking partnership with The Tenancy Deposit Scheme (TDS) and Home, aiming to transform the rental experience for millions of tenants across...

Labour unveils ambitious housing plan in new manifesto

Labour unveils ambitious housing plan in new manifesto

Sir Keir Starmer has just unveiled the Labour Party’s much-anticipated manifesto, detailing key policies for a future government, with significant focus on the housing sector....

Confidence in housing market dips ahead of election

Confidence in housing market dips ahead of election

Confidence in the UK’s housing market is starting to wane despite improvements over the past few months, according to the latest residential market survey from...

Tenant demand for sustainable properties soars

Tenant demand for sustainable properties soars

Annual investment in sustainability has risen by 20% year-on-year as nearly 100% of property investors report increased tenant requests for eco-friendly features. According to Handelsbanken’s...
















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