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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REPORT: Third of tenants miss daily essentials to pay the rent
Most tenants are also struggling to afford household essentials with over half saying they have had to cut back on expenses such as food, heating, and clothing to meet costs, says TDS.
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SNP flip-flops as it abandons blanket rent cap within manifesto
First Minister John Swinney unveiled the party's manifesto yesterday without a commitment to introduce national rent controls.
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CEO slams politicians who make ‘clueless promises’ to fix housing market
HomeLet and Let Alliance CEO says he is "beyond disillusioned" by Labour and Tory leaders and MPs who sometimes peddle "blatant lies".
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Rise in lettings listings has helped ‘normalise’ market says Foxtons
Listings in 2024 are 10% higher than 2023 and despite the increase in applicant demand there was a 21% reduction in new renters per instruction.
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Tenants offered new support service in TDS and OpenBrix deal
A new tie-up between the Tenancy Deposit Scheme, OpenBrix and Home will provide a tenancy advice platform, enabling tenants to complete ID checks and sign important documents digitally among other facilities.
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Jump in end-of-tenancy rent arrears figure
Research by Reposit reveals that tenancies ending with more than five weeks' rent owing is up to 17% this year.
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Haringey landlords hit with £13,500 fine for dangerous HMO conditions
A series of Improvement Notices under the Housing Act 2004 were issued to the landlords after severe hazards were identified throughout the property, including communal areas.
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Majority of landlords want minimum EPC rating raised to A for residential and commercial lettings
Three in five tenants have requested properties have an Energy Performance Certificate (EPC) rating of C, with this rising to nine out of 10 tenants in London amid high energy costs.
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Councils will have power to set rent controls, Greens pledge
Greens Co-Leader Carla Denyer says they would "provide affordable housing through our right homes, right place, right price charter” and scrap Section 21 'no fault' evictions.
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Up to 30,000 build-to-rent homes needed every year, BPF says
The British Property Federation calls on the next government to take action to attract investment into the build-to-rent sector.
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