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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Landlords put 700 rental homes up for sale every day
Regulatory pressures and refinancing costs mean rental property no longer stacks up for many smaller landlords, says Savills.
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Feared spike in rents ahead of Renters’ Rights Act ‘did not happen’
Siân Hemming-Metcalfe, of Inventory Base, says there is no evidence of rent hikes before the Act came in.
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Agents must prepare for more in-tenancy swaps, says Mydeposits
Frequent tenant swaps in existing tenancies risk fuelling disputes if documentation is not watertight, says Mydeposits’ Tim Frome.
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Generation Rent urges wavering Government to press ahead with rent freeze
Generation Rent’s Ben Twomey has told the Government that a rent freeze is needed to give renters space to breathe.
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Housing Minister says Government is not looking at rent controls
"We are not looking at rent controls," Housing Minister Steve Reed confirmed to Times Radio this week, contradicting earlier reports attributed to Rachel Reeves.
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Rent freeze plan causes “alarm” in property industry
Timothy Douglas at Propertymark says it is "alarming" to hear the Chancellor wants to introduce rent controls.
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Suspended prison sentence handed to abusive landlord
A court heard there were abusive messages, threats that the bailiffs were coming and that the rent was being increased.
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Wave of last-minute instructions as landlords sell ‘entire portfolios’
The Renters’ Rights Act makes property investments no longer viable, according to Thackray Williams’ Mustafa Sidki.
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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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