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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Landlords could sell in face of Burnham land tax, Savills warns
Savills' Lucian Cook warns that landlords will ask if they should remain in the rental sector if the Prime Minister introduces a Land tax.
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Landlords ‘unprepared’ for Making Tax Digital as first deadline approaches
A quarter of businesses, including landlords, still haven't signed up for Making Tax Digital, according to Tide.
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Lenders reject flats as service charges breach 1% ‘red line’
SPF Private Clients' Mark Harris warns that if service charges breach 1% of a property’s value, a lender "may decide not to lend".
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Rogue landlord fines fail to be collected by councils
The NRLA's Ben Beadle says: “Councils are failing to collect the money they should from those flouting their obligations."
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Renters’ Rights Act hits £3million of Foxtons’ revenue
A trading update from Foxtons warns of market volatility and the impact of the rental reforms.
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Rental supply hits seven-year high despite landlord exits
TwentyEA's Nick Huntley says many letting agents are still feeling the effects of landlords leaving the sector, reducing the available stock.
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Shamplina slams protestors after group ‘crash’ landlord show
TV star and evictions expert Paul Shamplina says landlord show demonstrators didn't want to engage in a debate.
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Landlords reveal ‘incredible resilience’ despite tax and legislation onslaught
A higher-than-expected number of buy-to-let loans were taken out by landlords in the first three months of the year.
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Asking rents hit record high of £1,400, reveals Rightmove
Rents are hitting record highs as the market returns to seasonal trends, says Rightmove's Colleen Babcock.
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Winkworth update: Political and economic uncertainty weigh on market confidence
Winkworth has delivered a half-year stockmarket update on how it is performing in the current housing market.
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