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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Foxtons accused by campaigners of hiking rents by up to 35%
The London Renters Union says its research shows Foxtons properties charge much higher rents than other agents.
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Landlords and agents given extra two years to get ready for tax changes
The Government says Making Tax Digital rules will not now apply until April 2026.
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Tenants battle for every rental in London even with Xmas approaching
Foxtons says there are 15 renters competing for each available tenancy and that rents remain very high.
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Renters picket six London letting agents, forcing some to close
London Renters Union demands a rent freeze and says estate agents including Foxtons are “gouging rents well above inflation”.
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Number of middle-age renters soars by 70% in just 10 years
Number of older tenants is on the increase, with the number of over-65s increasing by 38% over the same period.
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Tenants win back more than £10k in rent over HMO offence
The Property Trinunal ordered a letting agent to repay £10,600 in rent to four tenants over HMO licence failure.
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Landlord and letting agent face £30k fines after appeals dismissed
Ignorance is no excuse! Leaseholder and managing agent of a flat in East London were fined after failing to license the property.
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Arguments over abolishing Section 21 hot up as Shelter sticks the knife in
NRLA says a new system for evictions must be an effective replacement for Section 21 as Shelter blamed notices for rise in homelessness.
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‘Hallway flat’ letting agent reduces rent after complaints
Flat hunters said the original rent of £850 was too expensive calling the flat 'grim' and like 'a prison'.
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WARNING: Letting agency’s ‘tenancy break fee’ illegal, tribunal rules
The property tribunal orders a letting agent and landlord to repay £957 to a tenant who left a property early.
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