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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Some 90% of tenants get their rental deposit back claims new data
Mydeposits says official data from all the schemes proves it's not true that many tenants lose their deposits and have to wait weeks to get a decision when they dispute deductions.
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Holiday lets tax crackdown in Wales ‘is working’
New Stamp Duty figures show how holiday and second homes have decreased in Wales under new taxes.
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AGENT: Landlords are ‘not the cause of the housing crisis’
Data shows the Private Rented Sector has been a vital provider of homes as Scotland's social housing stock undergoes severe decline.
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SHOCK: Letting agents report huge exodus of smaller landlords
A wave of landlords with small portfolios are quitting the PRS, according to a poll of letting agents by a major software provider.
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Scottish reforms offer reassurance ahead of Renters’ Rights Bill, says software provider
A new report published by SME Professional says new legislation need not harm lettings businesses, and may even boost demand.
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‘Weakened’ smaller landlords at risk as costs, taxes and red tape rise
The resolve of many landlords is being ‘tested more than ever’ and only the bravest are likely to expand in the current environment, says Savills.
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WARNING: ‘Disastrous exodus’ of landlords accelerating
The NRLA says there is an increase of nearly 20% in the number of tenants at risk of homelessness as landlords sell up.
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‘Alternative rental deposits are solution to Generation Rent accusations’
Flatfair says traditional deposit schemes are outdated and its addresses all the concerns raised by Generation Rent's recent research.
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HOUSING CRISIS: Northern council to rent landlords’ HMOs to save cash
Liverpool City Councillor, Hetty Wood, announces council plans to procure privately owned HMOs in order to reduce the cost of housing people in hotels and B&Bs.
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Surging demand and exiting landlords make renting pricier than mortgages
The latest data from Zoopla reveals rents have risen by as much as 35% in some areas of the UK over the last three years.
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