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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Survey highlights why Scottish housing market must work together
The housing market in Scotland is made up of a hugely diverse range of property, landlords and tenants, says David Alexander and cooperation is key.
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Rents down, but set to rocket this year, proptech firm warns
William Reeve of Goodlord says rents last month were nearly 20% lower than the summer peak, but are now set to spike with the looming Renters' Rights Act.
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‘Perfect storm’ to hit PRS this year, agent warns
David McMaster of East Anglian agency Aldreds says many landlords will exit the rental sector when the Renters' Rights Bill becomes law.
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Prominent agent slams Shelter after ‘misleading’ attack on landlords
Former ARLA Propertymark President David Votta says Shelter is guilty of grabbing headlines to bash landlords in unfair campaign.
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‘Bills included’ becoming more popular among landlords
The number of rental properties offering bills included as part of the asking rent has increased by 57% over the last 12 months.
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Rental enquiries still in double figures, says Rightmove
The portal reports there are 11 enquiries from potential tenants for each rental, which is double the pre-pandemic level.
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Purplebricks apologises over severe damp at rental property
The agency tells The Neg that "communication issues" with tenants prevented it dealing with acute damp problems at a house in Liverpool.
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Landlords ‘shrug off’ Stamp Duty rise but move north
Since the Autumn Budget landlord purchases have been above their average level for this year, says Hamptons.
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Vast majority of landlords who voted Labour now regretful
Four out of five landlords who voted for Labour at the last election would not do so again, says Landbay director Rob Stanton.
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Lender blames Autumn Budget for rising BTL mortgage costs
Octane Capital boss blames rising rates in recent weeks on Rachel Reeves' controversial tax-raising budget.
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