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Landlords continue to exit UK market with another 151,000 home sales – Mortgage Strategy

Landlords continue to exit the UK property market with the sale of another 151,000 buy-to-let and holiday homes in the year to April 5 2023, according to national accountancy group UHY Hacker Young. The group said that buy-to-let properties have become markedly less profitable for many landlords in recent years as

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Transcripts for BBCNEWS Verified Live 20240604 14:07:00

there is a to pass it on, and i think. but there is a cost to pass it on, and i think. but there is a cost of to pass it on, and i think. but there is a cost of living crisis, so even landlords without a mortgage are feeling the pinch? timer;r even landlords without a mortgage are feeling the pinch? are feeling the pinch? they are. a landlord does are feeling the pinch? they are. a landlord does not are feeling the pinch? they are. a landlord does not want are feeling the pinch? they are. a landlord does not want a - are feeling the pinch? they are. a landlord does not want a void - landlord does not want a void period, they are not in the business of turfing tenants out as they need, but equally when they are under pressure, they need to increase rents, normally in line with the market, so we need to stop landlords leaving the rental market and we need to get more supply into the rental market because it is only by increasing supply that we can bring rental growth under co

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House prices expected to fall by 11% as interest rates shatter confidence in the market

The UK property market is expected to experience a drop in house prices that could last until the second half of 2025, according to Oxford Economics. It comes after the Bank of England increased interest rates by 0.5 percent.

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