While interest rates may have peaked at 5.25%, holding steady at that level since August, it may be some time before they start to fall.
Two thirds of landlords say the demand for private rented housing is continuing to increase, according to new research commissioned by the National Residential Landlords Association.
Properties listed for sale in February find a buyer quicker than in any other month.
Prices fell by around 1% in 2023, and further drops could be on the cards
After several years of waiting, one of the biggest buy-to-let events of 2023 was the launch of the Renters’ Reform Bill in May 2023.
The research, released by property adviser Savills, predicts average property value will increase to £300,108 in 2028.
A survey over 2,400 tenants has found that 55 per cent would prefer to have their utility bills included within the price of their rent.
The Bank of England (BoE) has announced it will hold the Base Rate at 5.25% again this month.
Propertymark has pledged its continued support for the annual Smart Meter Awareness Week.
A controversial consultation document about rent controls is proposing that Build To Rent operators be exempt from the caps which may be imposed on buy to let agents and landlords.
Asking price guide
Interest rate rises on mortgages are weakening demand, property website says