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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,...

19/06/2024
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...

19/06/2024
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...

19/06/2024
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...

18/06/2024
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...

18/06/2024
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...

18/06/2024
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...

17/06/2024
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....

13/06/2024
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...

13/06/2024
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...

13/06/2024
BPF calls for 30,000 build-to-rent homes annually to tackle housing crisis

BPF calls for 30,000 build-to-rent homes annually to tackle housing crisis

The British Property Federation (BPF) is urging the next government to attract investment into the build-to-rent sector, highlighting the need for 30,000 new build-to-rent homes...

12/06/2024
Landlord fined £13,500 for dangerous HMO conditions

Landlord fined £13,500 for dangerous HMO conditions

The owners of a large House in Multiple Occupation (HMO) in Haringey have been fined £13,500 for failing to address multiple hazards within their property....

12/06/2024
Tories pledge to scrap Capital Gains Tax for landlords selling to tenants

Tories pledge to scrap Capital Gains Tax for landlords selling to tenants

The Conservative Party has announced plans to eliminate Capital Gains Tax (CGT) for landlords who sell properties to their sitting tenants. This initiative aims to...

11/06/2024
House prices set to rise by 6.3% by end of 2025

House prices set to rise by 6.3% by end of 2025

A new forecast by peer-to-peer real estate investment platform, easyMoney, predicts a 6.3% growth in UK house prices by the end of 2025, reflecting recent...

11/06/2024
Farage’s Reform UK propose major stamp duty cuts

Farage’s Reform UK propose major stamp duty cuts

Nigel Farage’s Reform UK has pledged to eliminate Stamp Duty for properties valued under £750,000 and to abolish Inheritance Tax on estates worth less than...

10/06/2024
First-time buyers face uphill battle as house prices plateau again

First-time buyers face uphill battle as house prices plateau again

House prices remained relatively unchanged in May, with a slight 0.1% decline following a 0.1% rise in April, according to the Halifax House Price Index....

07/06/2024
UK rental growth hits 30-month low, but competition remains fierce

UK rental growth hits 30-month low, but competition remains fierce

UK rental growth has slowed to its lowest level in 30 months, with Zoopla’s latest Rental Market Report showing a 6.6% increase in rents. Despite...

07/06/2024
Activists call for new Renters Reform Bill to tackle homelessness

Activists call for new Renters Reform Bill to tackle homelessness

Activists are urging the government to address homelessness and the high cost of temporary accommodation by introducing a new version of the Renters Reform Bill....

06/06/2024
Experts call for overhaul of outdated EPCs to boost energy efficiency

Experts call for overhaul of outdated EPCs to boost energy efficiency

Elmhurst Energy, a leading training and accreditation provider for energy efficiency professionals, is urging the government to reform Energy Performance Certificates (EPCs) to better support...

06/06/2024
Housing market sees major surge in activity as tenant demand rises

Housing market sees major surge in activity as tenant demand rises

The housing market experienced a significant uptick in activity in April 2024, with increases in buyer registrations, new sales instructions, and sales agreed. Meanwhile, the...

05/06/2024
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