23rd Dec 2024

Almost a quarter of UK homes at flood risk

Almost one in four properties in England are at risk of flooding, data from the Environment Agency shows. It says 6.3m out of 25m properties are based in locations that may be overwhelmed by one, or a combination of, rivers, the sea and surface water. The EA’s National Assessment of Flood Risk... more

19th Dec 2024

Bank of England holds the base rate at 4.75%

The Bank of England has held the base rate at 4.75%, with 6 members voting to hold the rate and 3 voting to reduce it. Key takeaways The Bank of England has voted by 6-3 to hold the Base Rate at 4.75% However in a statement, the Bank's Monetary Policy Committee says it plans a series of gradual... more

7th Dec 2024

Over a third of landlords raise rent by 15 per cent for new tenancies

Renter groups have called on the government to do more to tackle out of control rents, as a government survey revealed that over a third of landlords increasing rents on new tenancies did so by at least 15 per cent. The survey reported that nearly six in ten landlords (58 per cent) increased the rent... more

2nd Dec 2024

Rents continue to fall in November as year-on-year increases slow down

England's rental market continued to settle in November, with average rents down 3% since October, and year-on-year increases again falling to a new annual low. According to the Goodlord Rental Index, the average... more