Latest Property News - Letting Agent Tips - Letting Agent Today
Estate Agent Today provides daily industry, Estate Agency, Property Market, Housing, Moving Home and Online Estate Agent News updates for the UK's letting agent community.
Room rents fall in London and stabilise across rest of UK
6 days ago · The UK rental market is showing signs of stabilising after a chaotic few years, as rent hikes slow across the country. That’s the view of flat-sharing website SpareRoom which says London is the only UK region where rents actually fell in the fourth quarter of 2024 – the average room rent in London decreased by 2%, from £1,015 in Q4 2023 to £993, markingthe most significant drop in London ...
Stamp duty hike leading to renegotiated prices on buy to lets
A leading agent says the stamp duty hike on additional homes from 3% to 5% announced at the Budget has triggered renegotiations on prices of homes on sale.
Breaking News Archives - Letting Agent Today
4 days ago · Here is today’s Breaking News from Letting Agent Today. Join the debate by leaving a comment below a story – you will need to be logged-in to do this.
Rents - how will they change by 2027? - Letting Agent Today
The rental market has experienced cooling growth rates following record peaks in 2023. Despite this slowdown, rental growth is still outpacing inflation, with both the costs of new contracts and renewals rising.
Agency leader warns of growing exodus of landlords
“Landlords have been exiting the rental market at the fastest rate since the pandemic. We need to encourage them back, not worsen the exodus. The tax system for landlords is nonsensical and is destroying the rental market.
Rents still rising but growth cooling according to Connells data
The average rent for a newly let property in Britain hit a high of £1,384 pcm last month – but the pace of growth is cooling. That’s the verdict from Connells’ high end brand Hamptons.
Rent hikes still high, but first sign of a weaker market emerges
Goodlord says that September’s figure of a comparatively modest 5.3% could provide the first indication seen in many months that prices are starting to soften.
Stamp Duty “less of a concern” for rental sector, agent claims
As a result of the ‘no change’ decision on Capital Gains Tax, 84% of landlords surveyed by Benham and Reeves plan to remain within the sector without making changes to their portfolio over the next 12 months: 4% expect to increase their portfolio and 12% plan to reduce it.
RICS warns that money market problems could hit housing fortunes
3 days ago · The latest RICS UK Residential Property Survey, out today, reports growing activity in the housing market – but it gives a warning about the wider economy. In the lettings sector, tenant demand has stabilised however, respondents expect further rent rises (+37% in December). RICS says this is ...