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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Chancellor reveals £39 billion to build more affordable rental homes
Rachel Reeves says new cash will increase the number of social and affordable rent homes which will relieve pressure on rental market.
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Rental boom finally over as rent rises sink to four-year low
Latest Zoopla data shows supply shortages continue to squeeze lower income tenants despite rent inflation falling to just 2.8%.
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Rise in young people becoming landlords instead of home owners
Claim is made by NI agent John Minnis, who says his estate agency has seen more 20 and 30-year-olds investing in BTL instead of buying their own home.
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Property industry rejects claim tenants have ‘saved millions’ since Tenant Fees Act
Letting agents say that whatever renters saved in feLetting agents say that whatever renters saved following the Tenant Fees Act, they have ended up paying in increased property rents.es they have ended up paying in increased rents.
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Nearly half of landlords to raise rent ahead of Renters’ Rights Bill
Buy-to-let lender Landbay says 44% of landlords want to raise rents before the bill is enacted as expected later this year.
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LAUNCH: Rental market insights platform
PriceHubble has launched a new Market Analyser platform incorporating Dataloft Rental Market Analytics.
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Holiday let owners ‘flipping’ tax status to avoid new charges
Colliers says new council tax charges on holiday lets and second homes are forcing many property owners to claim business rate relief.
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HMO rental yields have reached 12.5%, surprising research reveals
Despite some hefty upfront conversion costs, investment in an HMO can still make good financial sense, according to Excellion Capital.
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Letting agents call for Labour to reduce landlord taxes as rents soar
Official figures reveal the UK’s private rents have risen by 7.7% on an annual basis and by as much as 9.1% in London – and Propertymark points finger to rising landlord costs.
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John Lewis ‘to be one of biggest UK landlords by 2030’
The retail giant's newly-revealed 10,000-home ambition is part of new era of corporate landlords in the rental market.
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