The Conservative Party is offering tax breaks to landlords and support for homebuyers in its new election manifesto, aiming to boost housing investment and increase homeownership opportunities.

House prices in rural areas of Great Britain have grown faster than in towns and cities over the past five years, with countryside semi-detached homes leading the way, increasing by 22%, according to Nationwide.

Inflation in the UK has dropped to its lowest level in nearly three years, but homeowners should not expect relief from high mortgage rates anytime soon. Despite the consumer price index falling to 2.3%, higher-than-expected inflation means the Bank of England is unlikely to cut its base interest rate next month, leaving mortgage rates elevated and causing financial strain for many.

The Conservative promise to end no-fault evictions will not be realised before the election, as the Renters (Reform) Bill has failed to pass in time. Despite Labour’s support, time constraints and opposition in the House of Lords prevented the bill from becoming law.

Inflation in the UK has dropped to 2.3%, its lowest in nearly three years, raising questions about its impact on house prices and mortgage rates. Experts predict that mortgage rates will stay between 4.5% and 5%, despite hopes for a rate cut by the Bank of England. Learn more about the current housing market trends and what they mean for homebuyers.

UK landlords are facing unprecedented tenant demand as fewer properties are available in the private rented sector, leading to a sharp rise in rents. A survey by Finbri revealed that 71% of landlords saw higher demand last year, with rental properties now moving much faster than before. Read more on the implications for the rental market.

The International Monetary Fund has advised that UK interest rates should be cut to 3.5% by the end of 2025, potentially leading to significant reductions from the current rate of 5.25%. This recommendation comes with an upgraded growth forecast for the UK but also cautions against further tax cuts. Read more on how these changes could impact the UK economy.

A recent report from Foundation Home Loans reveals that many UK landlords are adapting to rising costs by renegotiating mortgages, increasing rents, and taking on more property management tasks. Despite these challenges, the private rented sector shows positive signs, with landlords planning to remortgage and seek expert guidance to maintain profitability and meet strong tenant demand.

The Renters (Reform) Bill, currently under parliamentary debate, is seen by the National Residential Landlords Association (NRLA) as a fair compromise, incorporating significant tenant protections. However, tenant advocacy groups argue the bill fails to deliver promised reforms, highlighting continued insecurity and inadequate living conditions for renters.

Landlords are seeing a remarkable uptick in rental yields, marking the highest levels in six years. The surge, backed by research from Paragon Bank, underscores the resilience of the rental market amidst economic challenges. Learn more about the factors driving this increase and its impact on both landlords and tenants.