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House Prices Soar, Stretching Buyers as Costs Reach a Record 8.4 Times Income

House Prices Soar, Stretching Buyers as Costs Reach a Record 8.4 Times Income

The year 2022 witnessed an extraordinary escalation in house prices, pushing affordability to its limit. In England, the average house was priced at £275,000, while...

New Licensing Scheme in North London Mandates Landlords to Assure Quality Housing

New Licensing Scheme in North London Mandates Landlords to Assure Quality Housing

A new scheme introduced in North London requires landlords to register for a license and certify that they are providing their tenants with good quality...

Landlords Tackle Rental Increases in Response to Surging Costs

Landlords Tackle Rental Increases in Response to Surging Costs

The escalation of rental prices has become a stark reality, with an overwhelming majority of landlords opting to increase rents, often in response to their...

House Price Downturn Gives Rise to Alternative Property Investments

House Price Downturn Gives Rise to Alternative Property Investments

As the housing market in the UK cools amidst economic turbulence, residential equity growth seems to be lagging behind, providing some of the weakest investment...

Corporate Housing Market Shows Recovery Momentum, Yet Lags Behind Pre-Pandemic Levels

Corporate Housing Market Shows Recovery Momentum, Yet Lags Behind Pre-Pandemic Levels

The latest study by London-based estate agent Benham and Reeves reveals promising signs of recovery in the UK’s corporate housing market, though it’s still trailing...

Cricket Grounds and Surrounding Property: A Housing Market Scoreboard as the Ashes Unfolds

Cricket Grounds and Surrounding Property: A Housing Market Scoreboard as the Ashes Unfolds

As the Ashes series takes centre stage in the cricketing world, England and Australia are not just battling for the smallest trophy in the sport...

Unveiling of Housing Revival: UK Government Pledges £1.5 billion for Regeneration Effort

Unveiling of Housing Revival: UK Government Pledges £1.5 billion for Regeneration Effort

The Prime Minister and the Secretary of State for Levelling Up, Housing and Communities have today revealed their progressive strategy for housing across England. The...

Veteran Landlord with OBE Slapped with £300,000 Fine for Housing ‘Appalling Conditions’

Veteran Landlord with OBE Slapped with £300,000 Fine for Housing ‘Appalling Conditions’

A landlord with a distinguished OBE title has been hit with an astounding £300,000 fine for managing properties with deplorable living conditions for over two...

Michael Gove Urges Government to Ease Energy Efficiency Plans for Rented Housing

Michael Gove Urges Government to Ease Energy Efficiency Plans for Rented Housing

In an interview with the Sunday Telegraph following the Uxbridge by-election, Michael Gove, the Housing Secretary, has called for a revision of the planned energy...

Decade-high Interest Rates Predicted to Cause Significant Plunge in UK House Prices

Decade-high Interest Rates Predicted to Cause Significant Plunge in UK House Prices

Economists are raising alarms about the UK’s housing market, forecasting a significant drop in house prices with minimal chances of recovery due to persistently high...

Escalating Buy-to-Let Pressures Drive UK Landlords Toward Letting Agencies

Escalating Buy-to-Let Pressures Drive UK Landlords Toward Letting Agencies

New research indicates a considerable shift in the UK property landscape, with almost two thirds (63%) of private landlords contemplating transitioning to a letting agency...

Pre-emptive Eviction Cases Surge by 16% in Q1 Prior to Section 21 Ban

Pre-emptive Eviction Cases Surge by 16% in Q1 Prior to Section 21 Ban

A 16% increase in eviction cases reaching the courts has been observed, according to an analysis of government statistics by property software company Veco. This...

London’s Mayor Seeks to Curb Short-Term Lets With Licensing Scheme

London’s Mayor Seeks to Curb Short-Term Lets With Licensing Scheme

London’s mayor, Sadiq Khan, has implored the UK government to collaborate with him and local borough councils to implement a licensing scheme for short-term rentals....

Southwark Council Receives Approval for Landmark Landlord Licensing Scheme

Southwark Council Receives Approval for Landmark Landlord Licensing Scheme

Housing Secretary Michael Gove has given his approval to one of the UK’s largest private landlord licensing schemes, proposed by Southwark’s Labour council. This new...

House Prices Show Slight Annual Rise Amid Concerns for UK Property Market’s Future

House Prices Show Slight Annual Rise Amid Concerns for UK Property Market’s Future

Despite a minor 1.9% uptick in the average house prices for the year leading up to May, which is down from the previous month’s increase...

UK Interest Rates Forecasted to Rise Yet Again, Despite Dip in Inflation

UK Interest Rates Forecasted to Rise Yet Again, Despite Dip in Inflation

Despite the recent dip in UK inflation, the Bank of England (BoE) is expected to hike interest rates again next month, according to Nigel Green,...

Resilient Property Market Defies Economic Headwinds, Reveals Propertymark’s June 2023 Report

Resilient Property Market Defies Economic Headwinds, Reveals Propertymark’s June 2023 Report

Despite the current economic climate, market conditions in the UK property sector exhibit no significant shift, as indicated in Propertymark’s Housing Insight Report for June...

Market Leaders Launch Pioneering Law Firm to Revolutionise Landlord Legal Services

Market Leaders Launch Pioneering Law Firm to Revolutionise Landlord Legal Services

Leading UK tenant referencing companies and rent guarantee providers HomeLet, Let Alliance, and Rent4sure are set to transform the landlord legal services sector with the...

House Prices Threatened by a Potential 25% Drop, Says Resolution Foundation

House Prices Threatened by a Potential 25% Drop, Says Resolution Foundation

Recent stress tests conducted by the Bank of England have raised concerns about potential financial instability. The results unveiled a worst-case scenario featuring a plunge...

Survey Shows 64% of Buy-to-Let Landlords Plan to Keep Properties Despite Market Challenges

Survey Shows 64% of Buy-to-Let Landlords Plan to Keep Properties Despite Market Challenges

Landbay’s recent quarterly survey reveals that 64% of buy-to-let landlords do not plan to offload any of their properties in the forthcoming year. The strongest...
















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