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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London’s lettings activity cools as viewing requests slump
Major lettings agency reports their viewing requests have fallen from 93 to 52 per property over the last 12 months.
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Minister considering harsher eviction rules for landlords and agents
Housing Minister Matthew Pennycook is reportedly looking into French-style “hardship tests” before tenants can be evicted.
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Lettings market cooling fast but ‘a long way off normality’
Latest report from Rightmove reveals easing demand and rising supply and also fewer enquiries per property from tenants.
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Landlord mortgage borrowing DROPS for first time in 30 years
New data from UK Finance shows the number of property investment loans for landlords has fallen for the first time in almost 30 years.
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OFFICIAL: Eight in ten private renters ‘happy with their homes’
NRLA welcomes latest government report showing high levels of satisfaction in private rented sector
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‘Time to bring back Help to Buy’ renters tell industry poll
Call for new government to reintroduce Help to Buy scheme and cut stamp duty
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Landlords and agents warned to be wary of council ‘Safer Renting’ schemes
Phil Turtle of Landlord Licensing & Defence says some of the schemes have "hidden agendas", and are gathering information to be used against landlords.
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Fears over Labour election win’s impact on private rented sector
Landlords and letting agents are fearful of onerous new regulations in the aftermath of a Labour victory.
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Labour’s promise to end bidding wars ‘impractical’, lawyer claims
David Smith of law firm JMW says Keir Starmer's pledge to stop landlords encouraging higher bids won't work and is impossible to enforce.
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Portfolio landlords ‘cheering up’ as demand outstrips supply
Landbay Sales and Distribution Director Rob Stanton says that landlords with more than 20 properties are the most positive in the current climate.
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