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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Government analysis agrees landlord exodus is happening
Law changes and tax threats are behind property owners deciding to leave the PRS, an official survey shows, as Ben Beadle at the NRLA warns of tenant homelessness.
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Academics expose crime-ridden ‘shadow’ rental market
Rent-to-rent scams, slum lets, cannabis farms and money laundering are now ‘embedded in PRS’.
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Growing student lettings agency expands into new city
Loc8me has launched its newest branch in the university city of Exeter, now covering student lettings across most of the UK.
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Property market has ‘biggest sales pipeline’ since 2021 says Zoopla
But over-stretched budgets in both the sales and rental markets mean estate agents must “engage with the market in a different way” to be successful, says Zoopla's Richard Donnell.
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Leading figures question mandatory qualifications for estate agents
A panel of industry heavyweights at The Negotiator Conference set out the major challenges facing the property sector including Labour's desire to see all agents reach a minimum qualification.
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Renting reforms ‘will do nothing’ to stop rogue landlords, Cleverly claims
The Shadow Housing Secretary told The Negotiator Conference that bad landlords would ignore the new Renters' Rights Act and continue to break the rules.
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BUDGET: Which property taxes most likely to be revealed?
A clearer picture is emerging over which housing-related taxes are most likely to make it into Rachel Reeves’ Autumn Budget.
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Short lets tax ‘to be included in Budget’ – claim
Chancellor Rachel Reeves is reported to have changed her mind and is planning a new 'tourism tax' on Airbnb and holiday lets in next week's Budget.
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EXCLUSIVE: Surge in older renters to reshape lettings market
The pension industry is predicting that millions more will reach retirement age without owning a home – ARLA President reacts.
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COURTS: Buy-to-let repossessions up, but landlord mortgage arrears fall
New figures from the Ministry of Justice show buy-to-let repossessions were up in Q3, and for homeowners the increase was a huge 40%.
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