Rental market
News covering the Private Rented Sector with relevance to letting agents and landlords and the wider residential property industry.
-
High energy bills now add ‘extra month’s rent’ to annual costs for tenants
Hamptons says its research reveals just how much pressure some tenants are under financially as they are squeezed from all sides.
Read More » -
Major BTL lender reveals significant landlord switch to HMOs
Shawbrook says its lending book saw a 10% rise in the number of loan applications to fund HMO purchases as landlords seek safe havens.
Read More » -
WARNING: Tenancy fraud up 140% in a year, reports rental platform
An analysis of over 600,000 tenancy applications has found that the number of fraudulent applications has soared.
Read More » -
Build-to-rent houses next big threat to private landlords
Knight Frank says that there has been a huge increase in single family house building amid surging renter demand and investor interest – and numbers could triple.
Read More » -
Agents refusing to sell cladding hit homes, claims campaigner
Jim Illingworth of the Birmingham Leaseholder Action Group wants to hear from flat owners affected by ongoing cladding-related problems when selling properties and applying for mortgages.
Read More » -
OFFICIAL: Millions still struggling financially but position ‘improving’
The Financial Conduct Authority has found that found 7.4 million people were struggling to pay bills and credit repayments in January, down from 10.9 million in January 2023.
Read More » -
Greens promise to ‘tame’ the PRS with rent controls
Green Party Co-Leader Carla Denyer said local councils should have the power to set limits on rent increases.
Read More » -
18% jump in rents since Covid, and ‘more to come’ says think-tank
The cost of new tenancies has grown by 18% since January 2022 with the proportion of poorer families renting almost tripling from just 11% in the mid-1990s to nearly 30% in 2021-22.
Read More » -
Research reveals 20% of tenants battling ‘bidding wars’ for homes
Figures from Cornerstone Tax reveal that on a national level an average of 17% of renters are having to endure other competitive tenants moving against them.
Read More » -
Landlords cut portfolios by a quarter despite booming rents
Buy-to-let investors reduced the number of properties they own over the last year, according to new analysis by the Open Property Group.
Read More »
