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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Foxtons revenue and profits hit by Middle East and rental reforms
The sales and letting market has been "challenging," so far this year, says Foxtons boss Guy Gittins.
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HMRC targets landlords and claws back more than £100m
Andrew Park of Price Bailey says HMRC is casting net wider and catching more landlords with unpaid tax bills.
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MP campaigner against “dodgy landlords” handed key Government job
Mary Kelly Foy, who boasts a record dealing with "dodgy landlords", is given job working with Housing Minister.
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Tenants blocked from buying, warns leading agent
Rupal Patel, of Winkworth, says tenants are faced with the prospect of renting for longer and maybe for life.
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Cities with the busiest lettings agents are revealed
Lettings stock "varies dramatically" across the country, according to Sim Sekhon, Group Chief Executive at Propoly.
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Rents have already increased since Renters’ Rights Act – Chestertons
Landlords are giving themselves some leeway as they cannot accept over the asking rent, says Chestertons' Katinka Hill.
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Landlords pay £5k extra cost for Renters’ Rights Act
New survey reveals rising costs for landlords and a consequently more cautious approach to tenant referencing and selection.
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Rent controls in doubt amid latest data
New ONS data shows rent increases are lower than pay inflation, undermining recent calls for measures to rein-in 'out of control' rent rises.
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HMOs push average landlord yields above 7%
Average landlord returns remain "resilient" with a healthy boost from HMOs, according to Paragon Bank's Louisa Sedgwick.
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Tenants back rent controls as Burnham weighs up reform
A SpareRoom survey revealed overwhelming tenant support for rent controls - a move being considered by Andy Burnham.
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