Average house prices appear to have increased in the aftermath of the Stamp Duty changes, Land Registry data suggests.
Private rents across the UK have continued their upward trajectory, with the Office for National Statistics (ONS) reporting a 6.7% rise in average monthly prices, but the rate of increase is slowing down.
A lettings agency claimed that rents across Britain have surged by as much as 17.4% since Labour began the Renters Rights Bill’s passage through Parliament.
The Renters' Rights Bill is likely to come into effect between Oct 2025-Jan 2026. Section 21 evictions will be abolished and all ASTs will become periodic.
The latest HomeLet Rental Index data shows that the average monthly rent in the UK rose again in May, increasing by 0.7% to £1,307.
May was especially busy this year, with agreed sales reaching a four-year high, Rightmove research has revealed.
Chancellor Rachel Reeves is facing mounting calls from Labour MPs to impose new taxes on landlords, aiming to address a looming budget deficit without breaking the party’s promise to avoid tax hikes on ‘working people’.
A specialist mortgage lender is warning that the higher than expected leap in inflation may trigger a rise, not a fall in interest rates.
- The Empty Homes Policy Has Failed
- Landlords Are Heading North in Search of Higher Yields
- New Letting Agent Rules Come Into Force
- BOE Cuts Rate By 0.25% To Boost Property Market
- Warning As Housing Market “showing signs of strain”
- Rents Have Risen Nationwide For Fourth Month in a Row
- The Government Offers Landlords Five Year Incentive to House Immigrants
- Rents Still Increasing & Will Get Considerably Worse