by peter littlewood | Jan 3, 2025 | Open News
Nationwide reported that UK house prices rose 4.7% year-on-year in December to £269,426, up 0.7% over the month to sit just below an all-time high recorded in summer 2022. Robert Gardner, Nationwide’s chief economist, said that the housing market “ended...
by peter littlewood | Jan 3, 2025 | Open News
The UK property rental market in 2025 is expected to experience moderated growth compared to recent years. Key projections from industry experts include: Rent Increases: Average rent rises are anticipated to normalise, with forecasts suggesting increases of around 3%...
by peter littlewood | Jan 3, 2025 | Open News
Writing in Property118, the Landlord Crusader paints a dramatic picture of the private rented sector (PRS) in 2025, describing a “perfect storm” of challenges for both landlords and tenants due to legislative and economic changes. Here’s a breakdown...
by peter littlewood | Jan 3, 2025 | Open News
2025 will be a time of great change for landlords, and the PRS as a whole. Here’s a summarised breakdown of the key points landlords should focus on for 2025: 1. Renters’ Rights Bill Progress Major Changes: Scrapping Section 21 evictions and ending fixed-term...
by peter littlewood | Jan 2, 2025 | Open News
The Times has published an article looking forward to 2025. It can be seen here (subscription may be necessary) and it paints a detailed picture of the UK housing market in 2024 and predictions for 2025, using an analogy to Waiting for Godot to emphasise the...