Survey Reveals Surge in Previously Rented Properties For Sale
The number of homes hitting the UK property market that were previously rented has soared to its highest level in a decade, according to recent data from property market analysts TwentyEA. In the third quarter of 2024, 11% of all newly listed properties had been available to rent within the past three years, up from […]
UK Inflation Drops to 1.7% in September, Two Rate Cuts Before Christmas?
Inflation in the UK fell to 1.7% in the year to September, its lowest level since April 2021, according to figures released by the Office for National Statistics (ONS). The drop, driven by lower airfares and petrol prices, surpassed expectations, with economists having forecast a rate of 1.9%. This latest decline brings inflation below the […]
Landlords Call for Government Support Amid New EPC Regulations
Nearly a third of landlords are urging the government for financial aid as new regulations will require rental properties to meet an Energy Performance Certificate (EPC) rating of C or above by 2030, according to research from buy-to-let lender Shawbrook. The research reveals that 29% of landlords believe the targets set by the new Labour […]
Rents Hit Record Highs Across the UK but Slowest Growth in Two Years
The average rent for new properties hitting the UK market has reached a record high, with prices outside of London climbing to an average of £1,344 per calendar month (pcm), according to the latest Rental Trends Tracker by Rightmove. This represents a 5.2% increase compared to the same time last year, though the rise marks […]