Research by comparison website Moneyfacts suggests that building societies are currently offering the most competitive mortgage deals for first-time buyers compared to high-street lenders. Analysis of mortgages with loan-to-value ratios of 90% and 95% found that...
News
Housing stock high, sales low
The latest data from the Royal Institution of Chartered Surveyors (RICS) indicates a mixed picture for the UK residential property market in April 2024. While average stock levels have reached a three-year high, indicating a healthy supply of properties, sales...
Natalie Elphicke has defected to the Labour Party
Conservative MP Natalie Elphicke has defected to the Labour Party, citing reasons such as housing and border security as key factors for her decision. She accuses the Tories of incompetence and division under the leadership of Rishi Sunak, claiming that the party has...
Brighton & Hove City Council housing strategy consultation
Councillor Gill Williams, Deputy Leader Brighton & Hove City Council has issued the following: I am writing to encourage your organisation to submit a response to our housing strategy consultation. I want to ensure that you have the opportunity to comment before...
Do you know the different tenancy types?
Most landlords are aware of the concept of a Fixed Term tenancy - one where either the start and end dates are specified, or the duration of the tenancy is in the agreement .Many landlords will be aware that the tenancy becomes 'rolling' after that, unless a new Fixed...
Rent in Advance
The Renters (Reform) Bill has sparked discussions and concerns among landlords regarding the legal implications of requesting rent in advance. The proposed changes stipulate that rent periods must align with the periods for which rent is payable, potentially affecting...
Propertymark publishes Housing Insight Report: March 2024
Based on the Housing Insight Report for March 2024, several key trends have emerged in the residential sales and lettings sectors: Residential Sales: Marginal Increase in House Prices: The average UK house price saw a slight increase in February 2024, reaching...
Renters Reform Bill unfairly targeting landlords!
In a blog in Property118, a reader asks 'What can be proposed to address the housing crisis without burdening landlords unfairly?' Addressing the housing crisis while ensuring fairness for both landlords and tenants he acknowledges that it is a complex challenge. Here...
Savills’ revise their UK house price forecast
Savills' revised UK house price forecast suggests a more positive outlook than previously anticipated, with an expected increase of 2.5% this year and a cumulative growth of 21.6% by the end of 2028. This upward revision is attributed to several factors, including...
UK house prices hold steady in April
According to Halifax, British house prices rose 0.1% in April month-on-month and 1.1% year-on-year. The average house price in April now stands at £288,949. In the previous month, UK house prices fell by about £2,900 in March with the typical property value down...
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Housing market activity was relatively subdued during the first half of the year, reflecting persistent affordability...
Rents still rising
According to recent research by the TDS Charitable Foundation, more than a third of landlords in England who raised...
Now easier to find an electrician to do an EICR
The NICEIC (National Inspection Council for Electrical Installation Contracting) has enhanced its filters and search...