Confused.com has analysed the average rental income by the average house price of different areas in the UK to reveal the areas with the highest rental yield. Areas in the UK with the greatest rental yield: Rank Local authority Average rental yield Average house...
Tax & Other Financial
House price statistics for England and Wales: year ending March 2023
The Office for National Statistics has published data on house prices and the number of transactions for property sales in England and Wales, on an annual basis. The data show: Median house price for residential properties was £290,000 in England and £200,000...
Index of Private Housing Rental Prices: August 2023
The Office for National Statistics has published a price index tracking the prices paid for renting property from private landlords in the UK. The index shows: Private rental prices paid by tenants in the UK rose by 5.5 per cent in the 12 months to August 2023,...
Mortgage arrears and repossessions in England
The House of Commons Library published an overview of current and past approaches to helping homeowners with mortgage debt, including information on trends in arrears and repossessions. For the paper, click here.
House price statistics for England and Wales: year ending March 2023
The Office for National Statistics has published data on house prices and the number of transactions for property sales in England and Wales, on an annual basis. The data show: Median house price for residential properties was £290,000 in England and £200,000 in Wales...
Bank of England says landlords leaving sector leads to higher rents
The Bank of England has blamed higher rents on more landlords than usual quitting the private rental market within its detailed quarterly report on the economy. Its Agents’ Summary of Business Conditions report, which covers the period between July and August this...
More landlords buying properties via companies in order to pay less tax
This is Money has run an article on the rise in landlords incorporating. It can be seen here, and says: Landlords are increasingly buying property via limited companies, rather than in their own personal name, in order to slash their tax bills. Three quarters...
Why are property prices falling in the UK and rising in the US?
Under the heading 'Need to Know: A tale of two housing markets' the Financial Times has examined why property prices are falling in the UK and rising in the US. The article can be read here (subscription may be necessary) and believes 'Part of the explanation lies in...
Rightmove + Hamptons Market Updates
Rightmove said UK asking prices rose by 0.4% in September after falling by 1.9% in August. However, the rise is below the 10-year average of 0.6%, home sales are down 7% versus 2019 pre-Covid, and asking price reductions reached a 12-year high. Nonetheless, the...
More money made available for disability adaptations
Landlords can access the funding from the local authority Disabled Facilities Grant, providing they have a tenant living in the property that requires the adaptation. Currently, DFG’s can be used to fund up to £30,000 towards adaptation in any one home in England. The...
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Top 10 areas with best yield revealed
Confused.com has analysed the average rental income by the average house price of different areas in the UK to reveal...
House price statistics for England and Wales: year ending March 2023
The Office for National Statistics has published data on house prices and the number of transactions for...
Index of Private Housing Rental Prices: August 2023
The Office for National Statistics has published a price index tracking the prices paid for renting property...