News

Read More Almost a quarter of UK homes at flood risk – warning
  • 23rd Dec 2024

Almost a quarter of UK homes at flood risk – warning

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 ... more

Read More Bank of England holds the base rate at 4.75%
  • 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 takeawaysThe 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 ... more

Read More Over a third of landlords raise rent by 15 per cent for new tenancies
  • 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 ... more

Read More Rents continue to fall in November as year-on-year increases slow down
  • 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 monthly price for a rental property ... more

Read More Up They Go – Buy to let yields continue upwards momentum, new data reveals
  • 25th Nov 2024

Up They Go – Buy to let yields continue upwards momentum, new data reveals

Yields achieved by landlords increased in the third quarter of the year, continuing their strong performance from mid-2022, data from buy-to-let mortgage specialist Paragon Bank has revealed.Based on mortgage offer data for buy-to-let purchase and remortgage, ... more

Read More Half of councils don’t take action against bad landlords
  • 25th Nov 2024

Half of councils don’t take action against bad landlords

Over half of councils in England and Wales have taken no court action against bad landlords in five years, Renters Reform Coalition research shows.Councils make one prosecution for every 335 complaints from concerned tenants, suggesting that only the ... more