by peter littlewood | Aug 18, 2025 | Open News
The era of the “hobby landlord” is fast disappearing, as new figures highlight a dramatic fall in buy-to-let mortgage approvals. UK Finance data shows approvals dropped from 25,280 in Q4 2022 to just 12,422 in Q1 2024—a 53% decline in barely a year. End of the...
by peter littlewood | Aug 18, 2025 | Open News
UK landlords bought 85,000 fewer properties in the past year, with just 6% of Britain’s estimated 2.84 million landlords expanding their portfolios—down from 9% in early 2024. The slowdown, revealed in new analysis by Dwelly using HMRC and The Mortgage Works data,...
by peter littlewood | Aug 18, 2025 | Open News
Buy-to-let mortgage repossessions have risen 11% year-on-year, according to Moneyfacts, in what finance experts warn is a sign of squeezed landlord margins and market volatility. Rising Repossessions a Warning Signal Rachel Springall, finance expert at Moneyfacts,...
by peter littlewood | Aug 18, 2025 | Open News
The government risks missing its housing targets unless more support is directed into home-building careers, according to new analysis by the Home Builders Federation (HBF). While some 100,000 students are typically enrolled on Further Education construction courses,...
by peter littlewood | Aug 18, 2025 | Open News
UK house sellers are trimming asking prices to attract buyers, leading to the busiest July for agreed sales since the post-lockdown market surge of 2020, according to Rightmove. The average new asking price fell by 1.3% in August — a drop of £4,969 — bringing the...
