UK house prices maintained their upward trend in January 2025, with every region across the country experiencing growth in property values. The North East of England saw the
UK Rental Prices Rise 8.1% in February – ONS
Nikka Sulton
Average monthly private rents in the UK increased by 8.1% year-on-year in February, reaching £1,326, according to figures from the Office for National Statistics (ONS). This marks a
Millions Face Benefit Cuts as Reeves Urges Work Reform
Nikka Sulton
Benefit cuts and civil service job reductions were announced today as part of Rachel Reeves’ sombre Spring Statement. Facing a bleak economic outlook, the Chancellor took steps to
UK Inflation Slows to 2.8%, but Relief May Be Brief
Nikka Sulton
The U.K.’s inflation rate dipped marginally to 2.8% in February, according to data released by the Office for National Statistics (ONS). This figure came in just below analysts’
Half of Tenants Unaware of Renters’ Rights Bill
Nikka Sulton
A recent study conducted by mortgage market specialist Pegasus Insight highlights that 43% of tenants have little to no knowledge about the Renters’ Rights Bill (RRB). The findings
Stamp Duty Rise for Landlords Ahead?
Nikka Sulton
Rachel Reeves may be preparing to impose additional tax burdens on landlords by increasing the stamp duty surcharge for second home buyers, according to concerns raised by property
Serial Offender Landlord Fined for Breaches
Nikka Sulton
A landlord operating a house in multiple occupation (HMO) has recently faced prosecution by Broxtowe Council, located in Nottinghamshire. This legal action followed a complaint lodged by one
Council: 70% of Licensed HMOs Need Help
Nikka Sulton
The compliance burden is a big reason many investors are exploring how to structure a property to avoid HMO licensing in the first place. A London council has
Nationwide Cuts Mortgage Rates Despite BoE Freeze
Nikka Sulton
Britain’s largest building society, Nationwide, is set to reduce mortgage rates on several products by up to 0.26 percentage points. These rate cuts primarily target first-time buyers and
Rental Ban May Trigger Gazundering
Nikka Sulton
A prominent figure in the PropTech lettings sector has raised concerns about an unexpected consequence of the Renters Rights Bill: the potential rise of gazundering. William Reeve, the
