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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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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Prime London sees spike in fall-throughs as offers subside – claim
Agent platform LonRes says there was an 80% increase in central London property deals falling through last month.
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Rent bills eat up more of tenants’ income than ever before
Estate agency giant Hamptons says the amount renters are paying is now nearly half their total income on average.
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Government-backed property firm strikes deal to speed up rental home repairs
The matching scheme established by London's councils says partnership with EVO will improve tenants' living standards.
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Anyone for tennis? Hamptons buys agency that houses Wimbledon stars
Wimbledon Accommodation provides places to stay for current players and former champions.
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Government STILL can’t say when renting reform Bill will be published
Minister Felicity Buchan says legislation to reform PRS will be brought forward 'in due course'.
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Holiday lets boom prompts call for regulation from agents
Propertymark says most agents believe short-term lets have a negative impact on PRS.
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