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Personal Finance

Housing stock shortages putting upward pressure on prices, says Propertymark

Shortages of homes for sale and to rent are adding to the cost-of-living squeeze by putting an upward pressure on housing costs, according to a body representing estate and letting agents. Landlords seeing increases to their monthly mortgage ...

28 Jul 2022 at 11:04

Landlords angered by minister saying their renters’ reforms fears are ‘alarmist’

Private landlords have criticised a Government minister, accusing him of dismissing evidence and wrongly describing their position on flagship renters’ reforms as “alarmist”. Matthew Pennycook has rejected warnings of a looming capacity ...

22 Nov 2024 at 00:01

Personal Finance

Nine new tenants ‘registered for each available rental home in March’

Around nine new tenants were registered for each available rental home in March as demand continues to outpace supply, according to a property professionals’ body. Propertymark said the average number of new prospective tenants ...

02 May 2024 at 11:32

Landlords call for Budget tax breaks to boost supply and control rents

Private sector landlords have called on Rachel Reeves to give them new tax breaks to help keep rents down and boost the supply of homes. In a letter to the Chancellor ahead of the Budget, representative bodies said their ...

17 Oct 2024 at 06:59

Personal Finance

‘Worrying mismatch’ as 13 new prospective tenants register per available home

A “worrying mismatch” between demand and supply added pressure to the rental sector in June, with an average of 13 new prospective tenants registering per available property, according to an industry body. In June this ...

18 Jul 2023 at 11:32

Scotland

Capping rent increases at 3% could lead to lack of affordable homes, MSPs told

Capping rent increases at 3% will shatter landlord confidence further and lead to a lack of affordable homes, a Holyrood committee has heard. The Scottish Parliament’s Local Government, Housing and Planning Committee ...

22 Feb 2023 at 09:51

Average price tag on a home fell by £1,617 month-on-month in July – Rightmove

The average price tag on a home has dipped by more than usual for the month of July, according to a property website. Across Britain, the typical new seller asking price fell by 0.4% or £1,617 month-on-month in July ...

15 Jul 2024 at 00:01

Personal Finance

First-time buyer nil-rate stamp duty threshold should be retained – Rightmove

Fewer than four in 10 (37%) homes for sale in England will be free from stamp duty for first-time buyers when existing thresholds revert from April 2025, analysis by a property website indicates. The nil-rate ...

26 Jul 2024 at 17:35

Rental reforms ‘to deliver on promise to transform lives of millions of tenants’

New legislation will modernise how the country’s “insecure and unjust private rented sector” is regulated, the Government has pledged as rental reforms are again debated in Parliament. MPs are to consider a ...

14 Jan 2025 at 11:54

Personal Finance

Inconvenience: Home movers ‘taking toilet seats and light bulbs to new property’

Toilet seats, light bulbs and door handles are among the cherished items that house sellers have taken with them when moving, a survey has found. One in five movers (20%) said light bulbs had been removed ...

12 May 2025 at 12:23

Personal Finance

10 new prospective renters for each available property in February – report

Around 10 new prospective rental sector tenants were registered for each available property in February, according to a property professionals’ body. Although the average number of new applicants ...

03 Apr 2024 at 14:18

MPs to debate upfront payments as Renters’ Rights Bill back before Parliament

Rental reforms should mean hopeful tenants no longer have to “magic up eye-watering sums up front”, campaigners said but landlords have claimed proposals “risk making access to rented housing ...

14 Jan 2025 at 02:45

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