Rental market
News covering the Private Rented Sector with relevance to letting agents and landlords and the wider residential property industry.
-
Councillor evicted by landlord after calling for renting reforms
Sarah Classick, who is a Bristol councillor, was served with an eviction notice three months after warning that tenants needed more security.
Read More » -
Lettings agency loses high profile deposit dispute case
Cedar Estates of North London was wrong to retain a deposit of more than £1,600 from two friends renting a flat.
Read More » -
Almost all renters unable to buy a property, new findings reveal
Around 85% of tenants cannot afford to purchase their own home, according to research by investment firm Monta Capital.
Read More » -
Landlords face crunch mortgage decisions within 12 months
Research from The Mortgage Lender shows 40% of mortgaged landlords have to renew their loan in the next year, and a third may raise the rent.
Read More » -
Landlords drop rents in London amid void warnings
Adam Jennings at Chestertons says there is a 125% increase in landlords lowering rents as the market in the Capital cools.
Read More » -
New crackdown on landlords ‘must involve letting agents’ – claim
Propertymark says letting agents should be more involved in Manchester Mayor Andy Burnham's 'Good Landlord Charter'.
Read More » -
Court orders property duo to pay £600K over terrible flats
Joel Salem and Judith Robinson-Dadoun face a fine of £350,000 and costs of almost £250,000 for failing to comply with an enforcement notice.
Read More » -
REACTION: Chancellor drops bombshell budget on agents and landlords
Jeremy Hunt announces in Budget he is scrapping the short-term lets tax regime, and abolishing stamp duty relief on multiple dwellings.
Read More » -
Regulator ‘must have teeth’ to suspend estate agencies, Lords told
Timothy Douglas from Propertymark says a new regulation body needs to have powers to stop rogue agencies operating.
Read More » -
Rental market ‘has lost thousands of properties’, landlord leader warns
John Blackwood of the Scottish Association of Landlords says property owners are reacting to 'hostile policies' by reducing their portfolio.
Read More »