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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Property lawyer blasts selective licensing as ‘money-making’
Des Taylor of Landlord Licensing & Defence says such licensing schemes 'achieve nothing', and that increasingly landlords risk prosecution.
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Rightmove spends £8m swallowing up competitor site
The portal giant has acquired build-to-rent reviews platform HomeViews just five years after it launched.
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Landlords ‘confused’ by Scotland’s latest rent cap changes
Propertymark says landlords may not understand new measures put in place to replace the rent cap in Scotland.
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Landlords press Chancellor to scrap property tax to ‘create 1m homes’
Ben Beadle at the NRLA says Jeremy Hunt should use his Budget to scrap the stamp duty levy on additional homes.
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New research shows ‘hotspot’ and ‘notspots’ for PRS market
Simply Business boss Alan Thomas says Scotland’s second city has seen the highest number of buy-to-let properties.
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Tenant affordability squeeze drives ‘lowest rental growth since 2019’
Average advertised rents outside of London rose to a new record of £1,280 per calendar month but was smallest increase since 2019.
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Big estate agency trio embrace deposit alternative
Ben Grech of Reposit announces deals with three agencies, including Symonds & Sampson, as the firm enjoys a big increase in sales.
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Shocking two-thirds of renters ‘reporting maintenance problems in homes’
Top problems include leaks or problems with plumbing, general repairs, energy supply, repairs not being carried out and damp or mould.
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Lettings director sentenced following Trading Standards probe
Linda Murray of Let Me Lettings in Wigan was given a suspended prison sentence after defrauding seven landlords.
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Landlord’s astonishing £20m portfolio refinance deal revealed
Jas Bhogal says the bank has loaned a professional landlord £20 million to overhaul the financing of their portfolio of 36 properties.
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