Landlords in the UK are still expanding their property portfolios, despite facing higher costs due to inflation and interest rates, according to research conducted by Shawbrook. The study surveyed over 1,000 residential landlords in the UK and found that 88% of portfolio landlords, those with five or more rental properties, had added to their portfolios
According to Rightmove's latest House Price research data average new seller asking prices fell by £82 in June 2023 to £372,812. This is the first monthly drop in new asking prices this year, and the first at this time of year since 2017. On average over the previous ten years we have seen an increase
The latest May house price index for the UK has been released and it's showing a significant increase in property prices according to Rightmove. The average price of property coming to the market jumps by 1.8% (+£6,647) this month to reach a new record of £372,894 in a delayed response to the higher-than-expected level of
As the ongoing lack of rental supply continues to drive up rents across England and Wales, a recent report from Paragon Bank reveals tenant demand has now hit an all-time high. What’s prompting landlords to increase their rents, and which regions show the strongest rental demand? A recent report from Paragon Bank reveals the current
What is the Rental Reform Bill? The Renters (Reform) Bill sets out the government's plans to fundamentally reform the private rented sector (PRS) and level up housing quality. The proposed reforms commit to "bring in a better deal for renters" and marks "the biggest shake-up of the private rented sector in 30 years”. But what does
Houses of Multiple Occupancy or HMOs are increasingly becoming a popular option for property development. HMOs refer to properties that are rented out to multiple tenants, with each tenant typically having their own bedroom but sharing common areas such as the kitchen, bathroom and living spaces. HMOs can be a lucrative investment option for property
