UK housing market remains ‘steady’ despite economic uncertainty
Latest data reinforces why the property market is famed for its resilience.
NEWS ARCHIVES
Pound extends gains as Rishi Sunak poised to become new prime minister
The pound extended gains this morning after Boris Johnson dropped out of the race to be the next Conservative Party leader, and Rishi Sunak moves a step closer to Downing Street.
Landlords forced to raise rents to meet mortgage affordability criteria
A number of buy-to-let landlords will be forced to raise their rents to prevent their properties from being un-mortgageable amid increasing interest rates.
Ex-agent urgers renters to claim compensation from ‘rogue landlords and letting agents’
Letting agent Ajay Jagota has launched a free legal service aimed at tenants.
Singing estate agent makes it into the final of The Voice
Estate agent Mark Howard impressed the judges with another incredible performance.
Rent-freeze policy branded ‘meaningless’ after watchdog advises landlords to hike rents
The Scottish government freeze officially ends in March 2023 – though they have powers to extend it.
BTL landlord fined £12,400 after inspectors shut down unlicensed HMO
Inspectors found people living in shocking conditions in an overcrowded HMO.
Number of buy-to-let ‘limited companies’ surpasses 300,000 for first time
The total number of companies set up to hold buy-to-let property has doubled since 2017 and now stands at more than 300,000.
UK economic outlook downgraded to ‘negative’ by rating agency
The UK’s economic outlook has been downgraded from “stable” to “negative” by the rating agency Moody’s because of political instability and high inflation.
EYE NEWSFLASH: Rightmove appoints new CEO
Rightmove has found a replacement for Peter Brooks-Johnson – it was announced in May that he would be stepping down from the board and leave the company.