The year has exceeded expectations, with sellers adopting more competitive pricing strategies. The average property asking price is now £362,143 and the average rent £1,231 PCM The current year is surpassing expectations, with sellers adopting more competitive pricing strategies. This month, average new seller asking prices have decreased by 1.7%…
Read MoreThe UK’s average house prices broke a streak of six consecutive monthly declines in October, witnessing an increase of nearly £3,000 compared to September’s values, as the cost of a typical home rose. The latest data unveiled by Halifax has reported an unexpected surge in average housing prices for the…
Read MoreIn the latest survey by Landbay, 32% of buy-to-let landlords participating in the study expressed their intention to purchase property within the next year. In spite of consistently elevated interest rates and an atmosphere of uncertainty regarding the government’s long-term intentions for the rental sector, Landbay’s most recent survey reveals…
Read MoreFleet Mortgages’ Latest Market Analysis Shows Third Consecutive Quarterly Rise in Annual Rental Yields Specialist buy-to-let lender, Fleet Mortgages, has unveiled the most recent edition of its Buy-to-Let Rental Barometer, which presents rental yield data for Q3 2023 across England and Wales, comparing it to the same period in 2022….
Read MoreRising levels of homes hitting the market have compelled sellers to price their properties more competitively. This shift has led to the typical seasonal increase in asking prices for October dropping to its lowest point since 2008. While September saw a modest 0.2% uptick in asking prices, it serves as…
Read MoreThe latest data from Rightmove reveals that average asking rents for new tenants outside of London have reached an all-time high at £1,231 per calendar month. This figure represents a remarkable 33% increase compared to pre-pandemic levels in 2019, with an increment of over £300 from £923 pcm. By contrast,…
Read MoreEach year, prospective property investors and existing landlords contemplate whether it’s the opportune moment to expand their portfolio or enter the market. With the deceleration of annual price growth since the summer of 2022, many wonder if 2023 will present favourable conditions for investment. Depending on your property investment goals,…
Read MoreDuring the traditionally busy summer months, rental values continue to experience annual growth, indicating a sustained upward trend without any immediate signs of slowing down. In recent years, there has been a consistent departure of landlords from the sector, as noted by Zoopla. However, this trend has been ongoing since…
Read MoreA significant portion of buy-to-let landlords, around 40%, have expressed their intentions to expand their property portfolios within the next year, according to a study conducted by Landbay. The driving force behind this growing trend appears to be the high levels of tenant demand in the market. The research reveals…
Read MoreIn May, six out of the eight regions monitored by Goodlord experienced an increase in rental prices. The average cost of rent per property in England rose to £1,111, up from £1,103 in April, representing a 1% increase. This marks the fifth consecutive month of rising rents, reaching the highest…
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