Rental market
News covering the Private Rented Sector with relevance to letting agents and landlords and the wider residential property industry.
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Landlords to exit when renters bill becomes law, agents warn
Timothy Douglas of Propertymark says many landlords will either sell up or switch to short-term lets with higher rents when the Renters' Rights Bill is implemented.
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Labour renting reforms ‘tinkering at the edges’, leading lawyer claims
David Smith of JMW Solicitors says property law in England is a "mess" and the market "dysfunctional".
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Renters’ Rights Bill to become law ‘as soon as possible’ says Rayner
The biggest overhaul of the PRS in many years will be debated in the House of Commons today as the Renters' Rights Bill, introduced by Deputy PM Angela Rayner, receives its second reading.
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Shamplina urges agents to ‘up their game’ and protect landlords
TV star Paul Shamplina tells The Neg that agents must help landlords deal with the changes proposed in the Renters' Rights Bill.
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Good Lord! Landlords selling up in significant numbers
In a comprehensive survey of the lettings sector the tenant onboarding and referencing firm has found strong evidence of a landlord exodus.
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Labour policies ‘responsible for landlords exiting market’
Quick-buying property platform Upstix reports a 33% increase in enquiries from property investors in the week after the Renters' Rights Bill was issued.
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Will Labour’s CGT and reform plans crash the lettings market?
The Guild of Property Professionals asked their member agents how landlords were responding to all the current changes.
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Who are the next generation of landlords? Survey reveals the changing shape of the PRS
Specialist BTL lender Paragon has taken an in-depth look at who the next generation of landlords are and what’s driving them.
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60% of tenants paying up to three months’ in advance to secure tenancies
In a highly competitive market a TDS survey shows tenants paying more and more rent in advance to get ahead of the pack.
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Airbnb set to compete with lettings agents for longer rentals
Co-founder and CEO Brian Chesky says the company is eyeing longer-term rentals as a lucrative new area of business, putting his firm soon in direct competition with some agents.
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