Knight Frank has issued a warning about the increasing pressure to reduce rents in prime London postcodes due to a combination of growing supply and demand returning to
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More Lenders Cut Buy-To-Let Rates to Attract Landlords
Several buy-to-let lenders have recently adjusted their rates in response to heightened competition in the market. Accord, for instance, has introduced reduced rates for new buy-to-let borrowers across
Urgent Call: Pass the Renters Reform Bill Now
The National Residential Landlords Association (NRLA) is urging the newly elected government to swiftly bring back the Renters Reform Bill. The association emphasises that reintroducing the bill should
Lenders Reduce Mortgage Rates as Labour Win Nears
Three major lenders—Halifax, Natwest, and Clydesdale Bank—have recently announced reductions in mortgage rates ahead of anticipated changes following the upcoming Labour victory this week. Halifax and Natwest have
High-End House Prices Freeze as Election Looms
Price growth in high-value prime areas has stalled due to the uncertainty surrounding the General Election, according to the latest analysis from Savills. Frances McDonald, director of research
UK Property Prices Rise in June Amid Costly Mortgages
Despite facing high mortgage rates, UK house prices continued their upward trend in June, according to Nationwide. The annual growth rate saw a slight uptick from 1.3% in
Judge Affirms Large Fine on Landlord for No Heat
A landlord has been fined £24,000 for failing to comply with an Improvement Notice. Lakhbir Singh Rakhra was reported to the council’s housing regulation team by his tenant
Zoopla Criticises Politicians Over Housing Silence
The National Residential Landlords Association (NRLA) has strongly criticised politicians from all major parties for their lack of attention to a pressing issue in the private rental sector.
Zoopla: House Prices to Trail Income Growth
Zoopla predicts that property values will increase more slowly than household incomes over the next few years. Currently, the typical house price is nearly £20,000 above what would
Generation Rent Leader on Housing “Exploitation”
Dan Wilson Craw, deputy chief executive of Generation Rent, has accused letting agents of “horrendous exploitation” in today’s overheated rental market. Writing for the Left Foot Forward website,