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Rising Mortgage Rates and Inflated Property Prices May Quash Optimism, Experts Warn

Rising Mortgage Rates and Inflated Property Prices May Quash Optimism, Experts Warn

In June, house prices increased a meagre 0.1%, marking a 3.5% decrease year on year, with the average house price standing at £262,239. The 10%...

Labour Slams Exclusion of Buy-to-Let Landlords from Government’s Mortgage Charter

Labour Slams Exclusion of Buy-to-Let Landlords from Government’s Mortgage Charter

Labour has criticised the government’s decision to exclude buy-to-let (BTL) landlords from the recently announced mortgage charter, warning that this could inadvertently lead to an...

Surge in House Price Reductions as Mortgage Rates Climb, Zoopla Reports

Surge in House Price Reductions as Mortgage Rates Climb, Zoopla Reports

Zoopla’s most recent House Price Index has disclosed a surge in sellers (42%) who are agreeing to a minimum of 5% off the asking price...

National Register for Rogue Tenants: A Mitigation Strategy Proposed by Property Lawyer

National Register for Rogue Tenants: A Mitigation Strategy Proposed by Property Lawyer

In a bid to shield landlords and agents from problematic tenants, a campaign urging the UK Government to establish a ‘Property Possession Order Register’ has...

UK Mortgage Holders Granted 12 Month Grace Period Amid Rising Interest Rates

UK Mortgage Holders Granted 12 Month Grace Period Amid Rising Interest Rates

In the wake of soaring interest rates, mortgage holders in the UK are set to receive a one-year grace period before lenders initiate repossession proceedings....

Norfolk Landlord Fined £40,000 for Housing Conditions that Endangered Tenants

Norfolk Landlord Fined £40,000 for Housing Conditions that Endangered Tenants

A landlord in Norfolk has been hit with total fines of £40,000, after it emerged that housing conditions placed tenants in considerable risk. Issues at...

Bank of England’s Hefty Interest Rate Hike: The Implications for Mortgages, Savings, and Landlords

Bank of England’s Hefty Interest Rate Hike: The Implications for Mortgages, Savings, and Landlords

The Bank of England has delivered an unexpected blow to the economy with a substantial 0.5% increase in interest rates, pushing them up to 5%....

Bank of England Administers ‘Shock Therapy’ with Unanticipated Rise in Interest Rates to 15-year High

Bank of England Administers ‘Shock Therapy’ with Unanticipated Rise in Interest Rates to 15-year High

In an unexpected move, the Bank of England (BoE) has raised interest rates by 0.5% to 5% in its latest attempt to curb the UK’s...

Inflation Holds at 8.7% Prompting Near-Certain Interest Rate Hike

Inflation Holds at 8.7% Prompting Near-Certain Interest Rate Hike

The price rise rate continues to stubbornly hover at 8.7%, in spite of economists’ predictions of a slight decrease, which could have provided some relief...

UK Property Market Predicted to Plummet, Warns Expert

UK Property Market Predicted to Plummet, Warns Expert

Jonathan Rolande, a leading market analyst from the National Association of Property Buyers, has predicted a sharp decline in UK property values. His troubling forecast...

Housing Market Reacts to First Drop in Average Asking Price This Year

Housing Market Reacts to First Drop in Average Asking Price This Year

According to Rightmove’s latest House Price Index, the average asking house price experienced its first drop of the year in June, albeit by a slight...

Paymentshield Introduces Rolling Subscription for Tenant Insurance, Enhancing Flexibility

Paymentshield Introduces Rolling Subscription for Tenant Insurance, Enhancing Flexibility

Paymentshield, a leading provider of general insurance platforms, has unveiled a rolling subscription model for tenants’ contents insurance. This innovative move aims to offer more...

Welsh Government Considers Rental Tax Revamp in Response to Private Rental Supply Crisis

Welsh Government Considers Rental Tax Revamp in Response to Private Rental Supply Crisis

Julie James MS, the Welsh Minister for Climate Change, has expressed her support for revising the tax regime applied to the private rental sector. During...

Zoopla Reports Record High Rent Costs as Proportion of UK Earnings, Reaching a 10-Year Peak

Zoopla Reports Record High Rent Costs as Proportion of UK Earnings, Reaching a 10-Year Peak

The newest Rental Market Report released by Zoopla indicates that rental expenditure as a percentage of earnings has escalated to its highest point in a...

Property Sellers Unfazed by Falling Prices and Rising Mortgage Rates

Property Sellers Unfazed by Falling Prices and Rising Mortgage Rates

According to Rightmove, the average asking price for properties dipped by a mere £82 in June, despite the unsettling increase in mortgage rates. Rightmove’s house...

Welsh Landlords Call for Urgent Sector Support amid Housing Crisis

Welsh Landlords Call for Urgent Sector Support amid Housing Crisis

The National Residential Landlords Association (NRLA) has cautioned the Welsh Government about the urgent need for support within the rental housing sector. The association stressed...

OnTheMarket Unveils Mortgage Service in Partnership with London & Country

OnTheMarket Unveils Mortgage Service in Partnership with London & Country

OnTheMarket Group has recently rolled out a novel financial service titled ‘OnTheMarket Money’. This service launch represents the company’s first partnership with a referral-based entity,...

Paragon Bank Unveils New Buy-to-Let Mortgage with Flexible ‘Track to Fix’ Feature

Paragon Bank Unveils New Buy-to-Let Mortgage with Flexible ‘Track to Fix’ Feature

Paragon Bank has introduced a new limited-edition Discounted Standard Variable Rate (SVR) product to its array of buy-to-let mortgages, providing portfolio landlords with an opportunity...

Landlord Convicted After Violent Hammer Attack on Tenant

Landlord Convicted After Violent Hammer Attack on Tenant

In a shocking case, a landlord who attacked his tenant with a hammer, leaving him homeless, has been prosecuted by Wolverhampton council. Inderjit Singh Ghuman...

UK Housing Market Faces Severe Downturn, Warns Property Expert

UK Housing Market Faces Severe Downturn, Warns Property Expert

The UK housing market braces itself for a predicted sharp decline in property values, says Jonathan Rolande, a leading market commentator from the National Association...
















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