Government sets targets to fix unsafe cladding by 2029
Dec 3, 2024 · The government have announced “tough targets” to fix all unsafe buildings with cladding by 2029. The government says its Remediation Acceleration Plan will “ensure rogue freeholders are held to account” and could face severe financial penalties if they fail to act.
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More investment not legislation is needed for the private rented sector, says Propertymark. The industry body says the private rented sector remains challenging and the Renters’ Rights Bill must strike “a workable and fair balance” for landlords and tenants.
TML, Foundation and Landbay all reveal new BTL products
Dec 4, 2024 · The UK’s buy to let mortgage market is heating up, with several leading lenders introducing new products. First up is The Mortgage Lender (TML) which has expanded its BTL range with two new two-year fixed rate 75% LTV products and a new five-year fixed 75% LTV multi-loan product.. The lender’s chief commercial officer, Steve Griffiths, said: “With the increasing popularity of shorter ...
2025 set to be a bumper year for housing market - Property118
Dec 13, 2024 · National average asking prices are expected to rise by 4%, with 2025 shaping up to be a bumper year for the housing market, according to Rightmove. The property portal predicts that the number of homes for sale will hit record highs, with 1.15 million properties expected to be sold. Rightmove also ...
Property118 | Letting agents will help landlords stay on top of new ...
Dec 19, 2024 · Letting agents will offer more services to landlords in the New Year as the Renters’ Rights Bill looks set to become law, says Goodlord. The lettings technology platform explains that agents will play a key role in helping landlords stay on top of new rules and regulations in 2025. Goodlord adds ...
Demand pushes house prices to a record high - Property118
Dec 6, 2024 · House prices in the UK have climbed to a new record high, with the average property now costing £298,083, Halifax reveals.. This marks a 1.3% increase from October and a 4.8% annual rise. Northern Ireland continues to lead the way with the strongest annual growth with prices going up 6.8%.
Leveraging Bridge Lending to Expand Your UK Property Portfolio
Dec 4, 2024 · Information About Us Our Site is owned and operated by Property118 Ltd, a limited company registered in England under company number 10295964, whose registered address is 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB.
Stamp duty threshold change could boost PRS demand
Dec 23, 2024 · Nearly half of landlords believe that the upcoming changes to the stamp duty threshold could boost the private rented sector, a survey reveals.. The findings from buy to let lender Landbay show that 49% of landlords surveyed anticipate that tenants will be more likely to stay put or rent for longer.
Renters’ Rights Bill will cost letting agents £400m
Nov 29, 2024 · Information About Us Our Site is owned and operated by Property118 Ltd, a limited company registered in England under company number 10295964, whose registered address is 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB.
Scottish house price growth slows despite strong sales activity
Dec 13, 2024 · Despite a recent rise in sales activity, the recovery of Scottish house prices has shown signs of slowing down, one index reveals. According to Walker Fraser Steele, October saw a 0.6% monthly decline, the sharpest drop in more than two years. This comes after several new market peaks earlier in the ...