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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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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UK rental growth slows to lowest level for 30 months says Zoopla
Average monthly UK rent now stands at £1,226 per month with growth slowing to +6.6% and expected to fall to 5% by the end of the year.
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Rents, viewings and activity all cool in London lettings market
Almost all of the key metrics used by letting agencies to measure market activity have weakened in recent months, says Hello Neighbour.
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BLOG: Landlording can still be lucrative despite official ‘bashing’
Benham and Reeves’ Director Marc von Grundherr says property investors have every right to feel downtrodden but argues being a landlord is still lucrative in spite of Whitehall’s attempts to dampen the sector.
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Agents slam big city council for undercutting letting agencies
Jeremy Clarke of Belvoir joins fellow agents in attacking City of York's letting agency arm for offering lower fees and cash incentives to landlords.
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