It has been revealed that the UK has 2.74 million unincorporated landlords and in 2020-21 they earned £41bn from rents, but the data also shows that 50,000 landlords have left the private rented sector (PRS) since 2019.

Property sales in the USA have taken a big fall, with affordability being at its worst level since 1985, and house price falling since June. Experts have predicted however, that Britain will be hit harder than the states.

An online rental platform warns the average rent bill could reach as much as £2,270/month if prices rise in line with the hikes already seen across other living costs. 

First-time buyers pulled back most from purchasing a home after the increase in mortgage costs following the mini-budget, according to a report showing a widespread slowdown in the property market.

Bleak Autumn Statement Forecast After Mortgage Rates Jump.

Chancellor Jeremy Hunt stood up to deliver his  crunch Autumn Statement, with Rishi Sunak's Government eager to repair Britain's reputation for fiscal discipline after September's disastrous mini-budget.

Savills has forecast a 10% fall in house prices next year, a significant downgrade from the one per cent drop the estate agency predicted in May.

Properties taken back by banks rise 15% in three months as mortgage rates shoot up.