Zoopla: Rent controls a step too far against regulatory backdrop
Real estate firm Zoopla has spoken out against rent controls, especially in the tough regulatory environment landlords operate in.
Real estate firm Zoopla has spoken out against rent controls, especially in the tough regulatory environment landlords operate in.
Annual rental growth is on the verge of peaking at 12.3% - driven by an increase of 17.8% in London, according to Zoopla’s UK Rental Market Report.
UK house price growth remained at a high level in July, rising by 8.3% year-on-year, Zoopla’s house price index has found.
Zoopla has called fears of a market crash and double-digit house price falls “unwarranted”.
UK house price growth will slow to 3% by the end of the year as buyer demand slows down, Zoopla predicted in its house price index.
House prices only rose by 0.1% between April and May – indicating that this period of rapid increases is coming to an end, Zoopla’s house price index shows.
The Renters’ Reform Bill White Paper launched today, prompting a mixed response from landlord groups and charities.
Buy-to-let landlords are returning to London in droves to take advantage of rising rents and therefore yields, Chestertons’ market review indicates.
The average price of a residential property in the UK has exceeded £250,000 for the first time, but signs of a slowdown are emerging.
Following the disruption that the buy-to-let market saw with the tax and regulatory changes last year, investors have begun to switch their attention to single family housing schemes.