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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Home working revolution has made ‘fair wear-and-tear’ rules redundant – claim
Inventory Base says both agents, landlords and tenants face a system of calculating wear-and-tear that's unfair to all players in the private rented sector.
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Shocking 56% rise in rent arrears threatens further landlord exodus
Average rent arrears surge to £2,237 as Renters' Rights Bill’s tighter eviction rules loom, says CEO of alternative deposit provider, Reposit.
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Tenant protest group gets more militant as Renters’ Rights Bill looms
'We're not leaving' ACORN activists shout as they invade Landlord’s HQ in Welsh Streets row over rising rents.
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Recently-renamed BTR property management trade body reveals shake-up
Louise Bangee and Freya Richard have been appointed Co-Chairs of the Combined Operations Committee for the Association for Rental Living.
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Major buy-to-let lender offers sub 3% rate to landlords
The Mortgage Works is now offering a two-year fixed deal at 2.99%, although brokers point to the hefty 3% fee.
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Lenders report big rise in first-time landlords
Improving access to finance and global economic headwinds are encouraging new entrants to BTL market.
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SOFT CAPITAL: London bucks national trend of rising rent
Rents in most parts of the country are still going up, but not in London, the South East and West Midlands, according to Goodlord's rental index.
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Rightmove warns Labour over banning ‘rent in advance’
Lettings spokesperson says ban will impact renters with poor or non-existent PRS track records particularly in areas of high demand.
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New analysis reveals true value of HMOs
HMO market in England & Wales is worth £78 billion and generates an annual rental income of £6.3 billion according to HMO platform COHO.
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Landlords ‘driven out by tax and regulation’
Ryan Etchells of lender Together says buy-to-let investors are exiting the rental market or reducing their portfolios because of extra taxes and new rules.
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