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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Landlord exodus warning ahead of this week’s Renters’ Rights Act
Quarter of landlords to exit the PRS, with Act due to come into force, Sim Sekhon of LegalforLandlords warns.
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Tenant scams on the rise, warns Essex and Suffolk agent
Paul Buck, of Essex and Suffolk estate and lettings agent Boydens, says fraudsters use sophisticated scams to target tenants.
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More landlords seek evictions ahead of Renters’ Right Act
Landlord Action’s founder Paul Shamplina claimed more landlords were evicting tenants ahead of the Renters' Rights Act.
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Rent control campaigners march in central London
Day of protest sees tenant groups and unions come together to demand an end to “soaring rents”.
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Repossessions up 10% as pressure mounts on landlords’ finances
“Tough times ahead for landlords,” as profits are squeezed by rising costs and tighter regulation, says Moneyfacts’ Rachel Springall.
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Letting agents plan to raise fees ahead of Renters’ Rights Act
Many agents will increase the fees they charge landlords, but risk losing them as clients, according to lettings tech firm Goodlord.
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Landlords ‘set to pull more than 200,000 rental properties this year’
An estimated 220,000 homes will be withdrawn, with 65,000 due to the Renters' Rights Act, according to new research.
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Embarrassment at renting hits at 29, reveals Nationwide
Millions of people admit they have felt embarrassed about their living situation that sees them sharing with friends, family, or even strangers, according to the Nationwide research.
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Average room rents under £800 found in only FIVE London postcodes
There is now no such thing as cheap housing in London, according to Matt Hutchinson, Director of renter platform, SpareRoom.
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Letting agencies rethink strategies as landlord exodus accelerates
Agents expect a sharp drop in buy-to-let investors as regulation and uncertainty reshape the rental market, says Iamproperty’s Ben Ridgway.
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