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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Pioneering trial launched to make landlords’ homes compliant
Property logbook firm Chimni is working with landlords in Birmingham who are using a new lettings module to ensure their rented homes are compliant with licensing and other regulations.
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Ombudsman expels letting agency after it fails to pay compensation
Key Lettings and Property Management showed a 'systematic disregard for professional standards' according to The Property Ombudsman.
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‘Frustrated’ Lord Best says RoPA ‘not a priority’ for Gove
Lord Best told The Neg he is worried that ministers are still not treating RoPA as an urgent issue, five years after his report.
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Councillor evicted by landlord after calling for renting reforms
Sarah Classick, who is a Bristol councillor, was served with an eviction notice three months after warning that tenants needed more security.
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Lettings agency loses high profile deposit dispute case
Cedar Estates of North London was wrong to retain a deposit of more than £1,600 from two friends renting a flat.
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Almost all renters unable to buy a property, new findings reveal
Around 85% of tenants cannot afford to purchase their own home, according to research by investment firm Monta Capital.
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Landlords face crunch mortgage decisions within 12 months
Research from The Mortgage Lender shows 40% of mortgaged landlords have to renew their loan in the next year, and a third may raise the rent.
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Landlords drop rents in London amid void warnings
Adam Jennings at Chestertons says there is a 125% increase in landlords lowering rents as the market in the Capital cools.
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New crackdown on landlords ‘must involve letting agents’ – claim
Propertymark says letting agents should be more involved in Manchester Mayor Andy Burnham's 'Good Landlord Charter'.
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Court orders property duo to pay £600K over terrible flats
Joel Salem and Judith Robinson-Dadoun face a fine of £350,000 and costs of almost £250,000 for failing to comply with an enforcement notice.
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