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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Million new homes needed to tackle rental crisis, warns Savills
The agency says it will cost £250 billion to create enough family homes and relieve the pressure on rental properties.
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Buy-to-let companies boom as mortgage rates bite
Landlords are often opting to set up a limited company to benefit from more favourable tax rules, Hamptons says.
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Tribunal orders agent to repay ‘holding deposit’
RSB Estate Agents must pay a £500 deposit back to tenant Andrea Aakanksha after trying to add extra charges.
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Rogue landlords charter must be backed up, NRLA warns
Chris Norris, policy director at the NRLA, supports the landlords charter in Manchester, but says it must help owners of hardest-to-maintain properties.
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‘Our landlords want to sell up!’ say Scottish Propertymark members
The trade body tells Housing Minister Patrick Harvie that rent controls in Scotland are forcing landlords to sell up and leave the market.
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Rightmove experts share PRS predictions for 2024
Many landlords faced the challenge of higher buy-to-let mortgage rates in 2023, contributing to rising rents for tenants – expected to increase again.
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Scrapping Section 21 evictions ‘biggest worry’ among landlords
Research by Zero Deposit shows that PRS landlords fear the loss of 'no fault' evictions the most.
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Despite everything, landlord sentiment remains upbeat for 2024
The majority of PRS landlords believe the prospects for their own rental portfolios in 2024 are good.
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‘Window of opportunity’ beckons in New Year property market
Tom Bill, head of UK residential research at Knight Frank, says buyers and sellers can exploit a stable market before a General Election.
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Agents slam Scots and Welsh governments over housing failures
Politicians in both countries missed opportunities to tackle housing problems after announcing spending plans, Propertymark says.
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