by peter littlewood | Feb 3, 2025 | Open News
Writing in Landlord Today, Louisa Sedgwick, Managing Director of Mortgages at Paragon Bank makes the same case iHowz have been making for some years – landlords are a business, not a hobby. The private rented sector (PRS) has undergone significant...
by peter littlewood | Feb 3, 2025 | Open News
Key Concerns Over the Bill As the House of Lords Second Reading of the Renters’ Rights Bill approaches, Propertymark warns that without significant changes, the legislation will drive up rents and further restrict access to rental housing. Main Issues...
by peter littlewood | Feb 3, 2025 | Open News
The Bank of England has released data that shows mortgage approvals on house purchases: Key Mortgage Trends Mortgage approvals for house purchases rose 0.7% month-on-month to 66,526 in December 2024. Approvals were 27.7% higher year-on-year and contributed to a 30%...
by peter littlewood | Feb 3, 2025 | Open News
The Nationwide House Price Index has just been released. It can be seen here, and in summary says: House Price Trends Annual growth: UK house prices rose 4.1% year-on-year in January 2025, down from 4.7% in December 2024. Monthly growth: Prices increased just 0.1%,...
by peter littlewood | Feb 3, 2025 | Open News
The House of Commons Library has published its regular Economic indicators, a quick-read summaries of the latest data focusing on different aspects of the UK economy. It can be read here, and in summary highlights some key trends in the UK housing market: House Prices...