The Deposit Protection Service (DPS) reports that renters are now staying in their properties for a third longer than they did four years ago. The average tenancy length has increased to 924 days, or just over two and a half years, compared to 706 days, or just under...
The chief executive of Winkworth, one of Britain’s largest franchise agency chains, Dominic Agace, has raised concerns about the rental market, suggesting that rents may no longer be able to rise due to tenants reaching an affordability ceiling. He notes that there...
The annual decline in UK house prices slowed to 0.2% in February, marking its lowest rate of decrease in eight months, according to the Office for National Statistics. At the same time, rent inflation surged to a record high. The average house price in February stood...
The quarterly assessment by investment platform easyMoney indicates a potential upswing in the new-build property market in the UK, despite a slight dip in buyer appetites and stock levels. Here's a summary of the key findings: Buyer Demand: While the overall annual...
The Planning Act 2008, along with subsequent amendments such as the Localism Act 2011, the Growth and Infrastructure Act 2013, the Housing and Planning Act 2016, and the Levelling Up and Regeneration Act 2023, establishes a separate consenting route for major...
The results of the poll conducted by 38 Degrees, in collaboration with Survation, provide valuable insights into public opinion regarding the Renters (Reform) Bill and the potential consequences of the government's actions on this issue. Here's a breakdown of the key...
The UK House Price Index indicates a slight decrease of 0.2% in house prices between February 2023 and February 2024. However, on a seasonally adjusted basis, average house prices increased by 0.7% between January 2024 and February 2024. House prices experienced...
Sadiq Khan, the Labour Mayor of London, has announced plans to build 6,000 "affordable" rental homes by 2030, with their rents capped in line with key worker salaries in different parts of the capital. Khan, who is seeking a third Mayoral term, emphasizes that the...
Lomond, a rapidly expanding agency group, has conducted research unveiling the top 10 postcodes currently offering the most robust rental yields for British buy-to-let investors. Analyzing data on property values and asking rents across every postcode in Britain,...
Landlords are being cautioned to heighten their awareness following a concerning discovery by police in Nottinghamshire. A rented property in Sutton-in-Ashfield was found to harbor a cannabis growing operation, causing significant damage and posing various hazards....
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Landlords in the UK are facing significant challenges in meeting the Labour government’s 2030 target for all privately...
The RICS UK Residential Survey for July 2024 indicates a mixed but slightly positive outlook for the UK's residential...
Annual growth in UK house prices quickened last month, according to data from mortgage lender Halifax. The growth rate...