Buy-to-let Property News
London Landlords Cling to Lucrative HMOs
In London, owners of Houses in Multiple Occupation (HMOs) are holding onto their properties tightly, with only a few listed for sale. Investors eager to…
london
Buy-to-let Property News
London’s Luxury Homes Lead in Property Market Activity
Recent findings by London lettings and estate agent Benham and Reeves have spotlighted the dominance of high-end homes priced above £1m in the London property…
Buy-to-let Property News
Westminster Calls for Stricter Regulations on Short-Term Lets in London
Westminster City Council has reiterated its demand for the implementation of a mandatory registration system for short-term rentals. It also suggests an overnight stay tax…
Buy-to-let Property News
BBC Probes Mayor Sadiq Khan’s London Rent Forecasts
BBC’s radio programme More or Less has scrutinised the assertions made by London Mayor, Sadiq Khan, concerning the future of rental rates and income in…
Buy-to-let Property News
Two rogue landlords ordered to pay over £250,000 for planning breaches
Two landlords in London have been handed hefty fines for breaching planning laws and ignoring warnings from Ealing Council. The two cases, which are not…
Buy-to-let Property News
London Landlords Exit Short-term Rentals as Market Rents Rise
London’s local authorities have observed an unintended fallout from the Government’s measures targeting the private rented sector. An increasing number of landlords are backing out…
Buy-to-let Property News
Rising Parcel Theft Concerns for London Landlords
Parcel theft in London is climbing at an alarming rate, as landlords grapple with nearly 50,000 complaints about missing packages annually. Fresh findings from the…
Buy-to-let Property News
Outer London Sees Soaring Tenant Demand, Research Finds
Recent research from Paragon Bank has shed light on the changing landscape of Britain’s rental market. Landlords situated in Outer London, as well as the…
Buy-to-let Property News
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….
Buy-to-let Property News
Foreign Homeowners Hold £84.2bn Worth of Property in England and Wales, Reveals Study
Newly released data from leading London estate and lettings agent, Benham and Reeves, suggests that foreign property owners hold assets worth a staggering £84.2 billion…
Buy-to-let Property News
London Rental Market Collapse Fuels Surge in Homelessness
London’s private rental market has seen a drastic decline of 41% in available properties since the outbreak of the Covid-19 pandemic. This alarming situation is…
Buy-to-let Property News
London Rental Market Hits New Highs as Weekly Rent Exceeds £600
May 2023 has witnessed the average weekly rent in London leapfrogging £600, demonstrating an 8% surge from the previous month and a 13% rise year-on-year,…
Buy-to-let Property News
London Rent Soars to Record-Breaking Levels
Property rental company HomeLet’s May 2023 Rental Index figures reveal an ongoing surge in the UK’s average rental prices. The report also draws attention to…
Buy-to-let Property News
London Rental Market Surges with Average Prices Above £2,000 PCM for Second Consecutive Month
The rental market in London shows no signs of slowing down as the average monthly price for rental properties in the city has surged to…
Buy-to-let Property News
Build-to-Rent Sector Faces Setback as Completions Fall by Over 50%
The build-to-rent sector in the UK has experienced a significant setback, with the number of completions falling by 56% in the past year, according to…
