The number of buy-to-let portfolios changing hands has surged sixfold as Britain’s largest landlords race to escape the Government’s tax crackdown, research shows.
Rightmove’s data analysis reveals how much they have risen.
A quarter of homebuyers are putting off their purchase due to cost of living fears – and when it comes to first time buyers, the proportion is even greater.
Air travel has reduced in demand since before the pandemic by as much as 76%, a sign that staycations are still very much on the cards for Brits this year, thus making it an excellent time to be an Airbnb host in the UK.
A lack of homes coming to the market is continuing to drive up house prices despite a slowdown in demand from buyers, according to estate agents.
As home owners face rising interest rates and the soaring cost of living, fresh research suggests the energy rating on homes is becoming a more important part of the housing market, while government plans for minimum green standards could hit renters.
Individuals that own UK properties via chains of “secretive” shell companies will from today be forced reveal their true identities, after UK government launched a new register of UK property owners from 1st August.
- Average House in England Now Costs Nearly NINE Times The Average Salary
- Cheapest Places To Rent a Room In The UK As Prices Continue To Rocket
- Rightmove Reveals The Latest Uk House Prices
- Surprising Momentum’ In Housing Market As Prices Increase By 11% Annually
- Banks & Building Societies To Stop Mortgage Stress-tests
- Housing Affordability in England At Worst Levels Since 1999, says ONS
- More than a THIRD of house purchases fell through in the past year with buyers ending up £2,000 out-of-pocket
- Prices Continue Upward Trend, Despite Impact of 40-year High Inflation & Five Successive Interest Rate Rises in Latest UK House Price Index