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 reveals 11% jump in London rental listings
The agency has found the number of new properties to let has risen in every month since March.
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BTL lending body says landlord market ‘still buoyant’ despite reforms
The latest market update from banking trade body UK Finance reveals only a small dip in BTL loans so far this year.
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‘Silver landlord’ surge set to sweep rental market after Budget
Older landlords will have a tax advantage if National Insurance is introduced on rental income, proptech firm Reapit claims.
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New data shows thousands made homeless as landlords sell up
The NRLA is highlighting government data showing 6,700 households were made homeless in the second quarter of this year.
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Lettings agency boss slams corporates for ‘bizarre’ extra fees charged to landlords
Nick Goble of Noble Estates in Clapham, London says his new approach of a flat management fee and just three extra fixed charges is fairer and more transparent.
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Chancellor told by famous economist to forget tax raid on landlords
Leading economist Paul Johnson has joined forces with the NRLA to warn Chancellor Rachel Reeves not to impose new taxes on property investors.
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Flat sharers need £40,000 salary to afford a London room
Matt Hutchinson from SpareRoom says many renters have to find, on average, £995 per month for a room in the Capital – or live with their parents.
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Tenancies needing guarantor to proceed leap as Renters’ Rights Bill looms
As the Bill is debated in Parliament, leading proptech providers are warning that guarantors are becoming more necessary and arrears management critical.
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Letting agencies fined £14,000 each in London on average
Hounslow has revealed the figure, promising to carry on its crackdown against rogue and errant landlords and letting agencies operating within the PRS.
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‘Young’ landlords keeping the buy-to-let market afloat says Hamptons
There is a big rise in the number of under-50s investing in property companies, injecting much-needed momentum into the property investment stats.
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