UK mortgage approvals for homebuyers climbed in February, reaching their highest level in three months, despite emerging signs that higher borrowing costs are beginning to impact overall demand.
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Tenancy Fraud Surges with Tech Use
Tenancy fraud is becoming an increasingly widespread issue across the private rental sector, placing significant financial pressure on landlords. Recent estimates suggest that landlords are losing as much
Sadiq Khan Launches £400k Fund for Renters
Millions of renters across London are set to benefit from a new £400,000 fund designed to support tenants in taking legal action against their landlords. The funding will
Major UK Lenders Raise Mortgage Rates
Sub-4% mortgage deals have now effectively vanished from the UK market, following a fresh round of rate increases from major lenders. The shift comes at a time of
Push for Eviction Freeze After EPC Upgrades
Generation Rent is urging the government to introduce stronger protections for tenants in properties where landlords have received grants or loans to carry out Energy Performance Certificate (EPC)
Court Delays Cost Landlords £10,000
Recent research shows that delays in possession proceedings are costing landlords heavily, with average losses now exceeding £10,000 per case across seven court areas. The findings underline the
Inflation Remains at 3% as Iran War Looms
The Bank of England has opted to keep its base interest rate unchanged at 3.75%, a decision that had been widely expected by markets. Governor Andrew Bailey explained
Tenants Urged to Report Unlicensed Landlords
Related guide: how much HMO licences cost. Blackpool Council has issued a reminder to landlords that failing to comply with selective licensing rules could result in prosecution, marking
Labour Eyes Increase in Property Taxes
Pillar guide: BRRRR for first-time landlords — how UK property investors recycle £40k of starting capital into 5-property portfolios. The Labour Party is reportedly considering a significant shake-up
Minister Retracts Claims About Landlord Exodus
The UK government has recently altered its position regarding concerns over a “landlord exodus” from the private rented sector (PRS), now admitting that it lacks precise data on