UK homeowners are reducing asking prices at their fastest rate in 15 years as higher mortgage costs and increased competition make it harder to attract buyers. Figures from
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Tribunal Cuts Rent by £200
A landlord who sought to increase the monthly rent on a Manchester flat by £50 has instead seen the existing payment reduced by £200 following a First-tier Tribunal
Budget Impact on Landlords
With the autumn Budget approaching, landlords are paying close attention to possible changes that could affect their property investments and rental income. The Government faces pressure to raise
A Third of Landlords Want Out
Asking rents across 21 of the UK’s largest towns and cities have climbed by 6% in the three months following the introduction of the Renters’ Rights Act (RRA),
Agent Scams Landlords Out of £50k
A former lettings agent has left 20 landlords and tenants facing combined losses of £48,858.10 following offences committed while running a property business in Norfolk. Authorities are now
Property Viewings Plunge 57%
The UK housing market is seeing a sharp decline in buyer activity, with the average number of viewings per property falling to just 1.7 in August. Propertymark’s latest
Buyers Gain the Upper Hand
Homebuyers are gaining greater negotiating power as most properties continue to sell below their asking prices. According to Propertymark’s latest Housing Insight report, 86% of estate agents said
Two-Year Mortgage Rates Near 6%
Average two-year fixed-rate mortgage rates in the UK are approaching 6%, adding to concerns about affordability for homebuyers, homeowners looking to remortgage and property investors. The latest figures
Healey Rejects Wealth Tax Raid
Chancellor John Healey has reportedly ruled out a major increase in Capital Gains Tax (CGT) as he looks for ways to address a projected £35 billion shortfall ahead
Buy-to-Let Yields Hit 15-Year High
Gross rental yields for UK landlords have climbed to their highest point in 15 years, according to the latest mortgage data from Paragon Bank. The bank reported an