Landlord press review

Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: UK housing market offers room for growth as demand improves; House prices will fall 2% this year – OBR; Mortgage rate rises branded ‘March madness’ by brokers as banks hike home loan costs; First-time buyers turning to 35-year mortgages amid higher interest rates; Rent expected to surge by 16% in UK property market; Short-term lets to require planning permission under new proposals… Happy reading and… renting!

Continue reading

Landlord press review

Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: UK property market is a buyer’s market in 2024; Rental market set to expand by 1M households by 2031; Sunak considers radical plan for 99% mortgages to help first-time buyers; Survey reveals what UK renters want from their homes; Dozens of landlord repossession claims threaten renters; Average time to sell a home in London ‘was twice that in Scotland in 2023’… Happy reading and… renting!

Continue reading

Landlord press review

Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: Squeeze on home buyers’ budgets set to continue into 2024; Housing transactions down 22% year-on-year; Bank of England official hints at interest rate shift as UK faces recession; Sales of 30-year plus mortgages increase 13% in past year; 4 Property investment strategies in 2024; Landlords fear rising costs and rent arrears in 2024; 9 expert predictions on UK house prices, mortgages and renting… Happy reading and… renting!

Continue reading