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 set up limited companies in record numbers
Hamptons research expert says the vast majority of landlord purchases are now done through a limited company structure to avoid 'aggressive tax environment'.
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Number of former rented homes being sold hits record high
Data from TwentyEA reveals that in Q3, 11% of all new properties listed for sale had been available to rent in the last three years – up from 6% in Q3 2023 and from 8% in Q3 2019.
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Rightmove blames EPCs and looming CGT changes for landlord exodus
Rightmove says that 18% of homes for sale were former rental properties and blames tax changes with EPC demands for the trend.
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‘People-power’ persuades TSB to drop controversial BTL tenancy rules
The lender has dropped its limit on AST contracts for buy-to-let mortgage policies following pressure from Acorn which says such clauses create ‘insecurity for renters.’
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‘Million rental homes will be lost’ if Chancellor raises CGT
Chancellor Rachel Reeves has been warned she risks more than 900,000 properties being pulled from the rental market if she goes ahead with an increase in Capital Gains Tax.
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Landlords to exit when renters bill becomes law, agents warn
Timothy Douglas of Propertymark says many landlords will either sell up or switch to short-term lets with higher rents when the Renters' Rights Bill is implemented.
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Labour renting reforms ‘tinkering at the edges’, leading lawyer claims
David Smith of JMW Solicitors says property law in England is a "mess" and the market "dysfunctional".
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Renters’ Rights Bill to become law ‘as soon as possible’ says Rayner
The biggest overhaul of the PRS in many years will be debated in the House of Commons today as the Renters' Rights Bill, introduced by Deputy PM Angela Rayner, receives its second reading.
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Shamplina urges agents to ‘up their game’ and protect landlords
TV star Paul Shamplina tells The Neg that agents must help landlords deal with the changes proposed in the Renters' Rights Bill.
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Good Lord! Landlords selling up in significant numbers
In a comprehensive survey of the lettings sector the tenant onboarding and referencing firm has found strong evidence of a landlord exodus.
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