A deluge of taxes and an uncertain market has seen a number of landlords abandon the buy-to-let industry in recent years. Some reports suggest that landlords have in more recent times been offloading close to 4,000 properties a month, and as a result reducing the supply of much-needed housing stock. But growing confidence among property […]
Five-year safety checks will be mandatory for landlords for all new tenancies from July 1 this year. This will be rolled out to all existing tenancies from April 2021. The new regulations were tabled today (MON), requiring pre-tenancy and five yearly checks of all fixed appliances and wiring. Landlords failing to comply with the new […]
With the property market set to recover this year – recent research, for example, has shown buyers are growing in confidence – GetAgent.co.uk has looked at which postcodes across the nation are the most valuable when it comes to average price paid by UK homebuyers in the last year. The estate agent comparison site compiled data from […]
Rise of 1% to 161,022 properties in 2019 remains far short of government target The number of new homes registered to be built in the UK last year rose 1% to a 13-year high – but is still far below the government’s target. The National House Building Council (NHBC) said 161,022 homes were registered with […]
With the residential property market continuing to show signs of improvement, there is renewed investor confidence in the sector, according to research from The National Landlord Investment Show. A new study found that six in ten landlords who attend the buy-to-let exhibition are looking to add to their portfolios this year. More than half – […]
The squeeze on supply, coupled with continued demand for properties from tenants, is likely to lead to continued rental increases across the vast majority of regions in the UK during 2020. The latest market analysis from HomeLet has taken a regional snapshot covering 12 regions across the UK, with a comparison between January 2019 and January […]
With recently released figures revealing Airbnb’s huge reach across the country and Build to Rent’s rapid growth, Property Investor Today analyses the numbers to get a better understanding of their rising influence and the reasons behind it. Airbnb expansion – could the short-let boom affect the long-term lettings market? A recent survey by trade body […]
House prices leapt 4.1 per cent annually in January, according to the latest Halifax report on house prices. This means that the average house price in the UK is now £240,054, having grown 0.4 per cent on a monthly basis. Halifax adds that the quarterly change as of January 2020 was up by 2.3 per […]
Rental yields in the North of England grew 2.6 per cent in the final quarter of last year, shows data from Fleet Mortgages’ newly launched buy-to-let index. Landlords with properties in the North enjoyed yields of 9.1 per cent in Q4 2019, up from 6.5 per cent in Q4 2018. Meanwhile, in the North West, […]
Average rents across the UK have risen by 2.3 per cent over the year to January to reach £953 a month, the latest index from HomeLet reveals. The data shows growth in rents is now higher than the rate of inflation as measured by the Consumer Prices Index, which stood at 1.8 per cent in […]