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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Tenants hit affordability limits as rents rise
Renters are spending a record share of their income on housing, with regional differences widening and younger tenants facing the steepest pressure.
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New Shelter chief promises “more collaborative” approach to landlords
Homeless charity to adopt new tactics and plans to get different parts of the property industry around the table.
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HMO yield gap grows as standard rentals struggle
Shared housing delivers stronger returns while standard portfolios have less flexibility as they face increasing “cost and complexity challenges.”
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Wage growth makes London’s rents more affordable
The average tenant spends roughly half their monthly income on rent despite a year-on-year improvement across the Capital, according to Benham and Reeves boss Marc von Grundherr.
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Rent activists raise concerns to London Assembly over policing of Renters’ Rights Act
London’s councils accused of “slacking,” with Assembly Members told that some local authorities “do not use enforcement powers at all.”
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Buy-to-let repossessions jump more than a quarter, lenders reveal
Repossessions of landlord properties were up 28.6% in Q3 last year, according to new figures from banking trade body UK Finance.
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Rental stock rises 25% despite Renters’ Rights Act fears
Rental stock levels are building in England as tenants elect to move more slowly, ahead of the Renters’ Rights Act.
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BLOG: Too many lettings systems were built for a world that no longer exists
The Renters’ Rights Act exposes a major problem in lettings - the tech being used is not fit for purpose any longer, argues Richard Jenkins.
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Rents fall for first time since 2011, says Hamptons
Head of Research, Aneisha Beveridge, says rent levels were driven down by a surge in first-time buyers.
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Green MP urges Labour to ‘buy the supply’ of rental homes
Siân Berry tells the Guardian councils should “snap up” rental homes as they come onto the market to rebuild social housing stock.
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