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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Labour distances itself from own report that recommends capping rents
Report due to be published today will recommend a string of measures to offer tenants facing soaring rents a lifeline including rent caps and rents to only be increased once a year.
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Landlords selling up are No.1 problem for tenants says NRLA
New data published by the National Residential Landlords Association exposes the scale of the supply crisis across the private rented sector with three in 10 landlords planning to cut the number of properties they rent out.
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Cotswolds most profitable UK region for holiday letting
Sykes Holiday Cottages’ boss Graham Donoghue says the majority of holiday let owners have never considered exiting the market, with half of owners even contemplating buying another holiday let, despite tax changes.
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Landlords pay less than half of council fines, shock new data reveals
The NRLA says local councils have only managed to collect £6 million in fines out of £13 million owed over a two-year period.
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SHOCK: Most people don’t read tenancy agreements!
We probably all suspected this already, but a new survey by a law firm shows that most people don't read contracts before signing them.
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Property sales listings hit four-year high, report RICS agents
Despite buyer demand mellowing due to small increases in mortgage rates overall activity for the sales market for 2024 remains positive.
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Tenants push back on rent increases as supply builds in upmarket London postcodes
Knight Frank’s Tom Bill says that with prices either flat or falling across many prime London sales markets these properties may revert to the lettings market if the asking price is not achieved.
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Platform expands service to all limited company investors for first time
GetGround boss Moubin Faizullah Khan says the platform already holds more than £1.5 billion of UK investment property and now limited company landlords can transfer over.
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Lettings enquiry numbers on the up as London rents continue to fall
Hello Neighbour's Richard Jenkins says that as rents drop, the number of enquiries per property has increased again, from 45 last month to 65 in April.
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Rental crisis driving huge increase in self storage use, claims BBC
Evictions, downsizing and spending months finding a new property to rent are driving more tenants into the arms of self storage providers, the You and Yours programme has highlighted.
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