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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Three quarters of house sales sink below asking price, data shows
Propertymark chief Nathan Emerson says its latest survey reveals a high number of deals under the original amount.
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Agents and landlords ‘will not get dedicated housing courts’
MPs on an influential select committee had supported suggestions dedicated housing courts are desperately needed.
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Mortgage fraud rockets nearly 33% warns finance firm
Bridging loan specialist firm Apex says both mortgage and rental fraud have risen in the last year.
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Agency renewal fees paid by landlords should be banned says proptech firm
Proptech lettings platform Hello Neighbour launches ‘Stop Renewal Fees’ campaign which it says will make the industry fairer for all.
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Abolition of Section 21 – stay of execution
The Government has pledged that section 21 ‘no fault’ repossessions will not be scrapped until improvements have been made to the way courts handle legitimate possession cases.
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Landlords demand changes to PRS reform ahead of MPs debate
Ben Beadle, CEO of the NRLA warns that landlords must be onboard with the Renters Reform Bill, before its second reading.
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Cambridge latest city to consider restricting short lets
The city has become a hotbed of Airbnb lets, according to opposition Lib Dem councillors, who are calling for action.
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New ‘dating app’ targets agents, landlords and tenants
Protech start-up platform krispyhouse is offering a new matching service 'to rival Rightmove and Zoopla'.
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BTL yields slump as costs rocket says lettings agency
Benham and Reeves says rental yields are down as landlord expenses have climbed steeply over the last year.
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BLOG: ‘Landlords facing problems as tenants suffer cost of living crisis’
Begbies Traynor senior asks whether rent arrears are becoming more of a challenge, and how are landlords dealing with this?
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