There’s never been a tougher time for the private rented sector (PRS) with demand soaring and stock dwindling tenants are struggling with finding a place to live.
There’s never been a tougher time for the private rented sector (PRS) with demand soaring and stock dwindling tenants are struggling with finding a place to live.
The majority (73%) of landlord sales in 2022 were made by those reaching retirement, with many being early adopters of the first buy-to-let mortgages which launched in 1996, Hamptons research shows.
Total residential planning applications dropped to their lowest annual total in a decade in 2022, while the proportion of applications that were successful versus those that were rejected also currently sits at its lowest since 2008.
The property market is being saved from a house price crash by an unlikely source – renters buying their first home.
The amount of money invested in UK commercial property has fallen across all sectors, new research has found.
House prices, sales levels, new listing numbers and buyer demand remained sluggish last month, but there are signs the picture looks set to improve in the long run, a closely-watched survey of chartered surveyors has revealed.
Rental growth across Great Britain in March hit 10.8%, posting its third ever double-digit increase since the Hamptons Lettings Index began just over a decade ago.
Bank of England interest rate hikes could put more businesses in danger in its bid to tame the UK's double-digit inflation, an expert has warned. Economists have said the Bank's base rate could go as high as five percent as decision-makers try to keep a lid on runaway price hikes.