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KEYWORD "Rents" - 100 RESULTS
Bid to see if private rental sector can combat homelessness

A new partnership being launched today aims to see if the private rented sector can contribute to ending homelessness. It takes the...

02 September 2024

From: Breaking News

Agents tell Rayner they’re key to new law applying to private renting

Propertymark is lobbying Housing Secretary and Deputy Prime Minister Angela Rayner to suggest that letting agents have a vital role to...

30 August 2024

From: Breaking News

Rent up to £25,000 a week splashed out by super-rich tenants

Some of the richest people on the world, who use London as one of their bases, are choosing to rent rather...

28 August 2024

From: Breaking News

Council bid to run private lettings agency ends in failure

A lettings agency set up by a council to buy properties on the open market and let them at open market...

27 August 2024

From: Breaking News

Knight Frank forecast for mainstream and prime lettings markets

Knight Frank has set out its forecast for the rental sector for the rest of 2024 - notwithstanding political uncertainty. In the...

27 August 2024

From: Breaking News

Agent’s alarm call to politicians - change course on rent controls

One of the UK’s most high profile lettings agents is calling on politicians to change course on rent controls. David Alexander of...

22 August 2024

From: Breaking News

HMRC fines agents £1.6m for anti-money laundering breaches

It’s been revealed by Propertymark that HM Revenue & Customs has fined agents over £1.6m for branches of anti-money laundering regulations. The...

20 August 2024

From: Breaking News

Agents slam politicians for new law allowing rent controls

Propertymark has come out with a strongly-worded statement accusing politicians in the Scottish Parliament of ignoring the industry’s views on rent...

20 August 2024

From: Breaking News

Prime London rental market sluggish with lets agreed dipping

London-focussed property data firm LonRes, which analysis activity in the prime areas of the capital, says annual rental growth increased to...

19 August 2024

From: Breaking News

Massive long-term slump in available rental stock - new data

New figures show the scale of the rental supply slump in recent years. The respected Home website, which produces a monthly lettings...

19 August 2024

From: Breaking News

Tenants in ‘misery’ thanks to high rents - claim

New figures showing no slowdown in the rate of private rental inflation is just additional “misery” for tenants, a leading financial...

16 August 2024

From: Breaking News

Rents so high they make mortgage-saving nearly impossible - claim

One in 10 UK tenants are now spending at least 60% of their take home salary on their rent, according to...

16 August 2024

From: Breaking News

Arrears reach new high, says deposit alternative supplier

Average rent arrears claims reached £2,092 in the second quarter of this year - a rise of 15% from £1,816 in...

16 August 2024

From: Breaking News

Buy to let high-yield hotspots revealed by agency

Lettings agency chain Lomond has revealed a list of what it calls “up and coming rental hotspots” with yields having strengthened...

14 August 2024

From: Breaking News

Labour threat is sapping lettings confidence, claims Knight Frank

Just as the prospect of tax rises in the Budget is causing uncertainty in the prime London sales market, so Labour’s...

13 August 2024

From: Breaking News

Labour has “golden opportunity” to solve renting crisis says agency boss

The new Labour government has a “golden opportunity its” to resolve the rental crisis, but must give clarity to the industry...

12 August 2024

From: Breaking News

Finance chief says rent controls ‘not the answer to lettings crisis’

Kate Davies, executive director of the Intermediary Mortgage Lenders Association (IMLA), says rent controls are not the magic answer to problems...

12 August 2024

From: Breaking News

Rising rents “force children into mouldy B&Bs” - claim

A charity leader claims spiralling rents are forcing children into what he calls “damp and mouldy B&Bs”. Matt Downie, chief executive of...

12 August 2024

From: Breaking News

Labour’s Bidding War Ban likely to lead to higher rents, says expert

A prominent figure in the lettings industry is warning that any proposed ban on so-called bidding wars will end up with...

08 August 2024

From: Breaking News

Lettings agency hit by racially-motivated attack

An agent whose business was rammed by a car believes he was targeted because of claims he was letting homes to...

08 August 2024

From: Breaking News

Buy To Let property purchases plummet as tax threats mount

The number of buy to let property purchases in the UK fell 14% from 224,700 in 2022/23 to 193,700 in the...

08 August 2024

From: Breaking News

RICS Forecast - Rent rises set to be slower and lower

The latest rental market survey by the Royal Institution of Chartered Surveyors suggests there’s still a significant mismatch between supply and...

08 August 2024

From: Breaking News

Tories’ Section 24 tax change leaves some “with precarious finances”

A report from Propertymark has laid out the stark and in some cases unforeseen consequence of the Conservative government’s phased removal...

05 August 2024

From: Breaking News

PropTech: Agents given open access to inventory reporting software

Inventory supplier No Letting Go is offering clients open access to its bespoke property reporting software, known as Kaptur. The allows agents...

05 August 2024

From: Breaking News

Rents surge in all regions with one reporting 10% rise

The latest rental index from PropTech firm Goodlord shows record-breaking rises. William Reeve, chief executive of Goodlord, comments: “These July figures show...

02 August 2024

From: Breaking News

Warning that Labour will be stricter on lettings compliance

Compliance issues are on the increase in the private rented sector according to a prominent industry supplier. Inventory and software chief Nick...

31 July 2024

From: Breaking News

Agents demand leasehold reforms make transactions easier

Propertymark is urging the UK government to implement reforms that will make it more cost effective and simpler for people to...

31 July 2024

From: Breaking News

Agents’ chief wants Labour leader to make stand against rent controls

Propertymark says the new Labour leader in Wales, Baroness Eluned Morgan, should make an early stand against rent controls for the...

30 July 2024

From: Breaking News

Controversial ex-Housing Secretary to run for Conservative leader

Robert Jenrick, who was appointed Housing Secretary by Robert Jenrick in 2019, is to run for Tory party leader. During his time...

26 July 2024

From: Breaking News

Agency boss claims tenants miss holidays because of high rents

The boss of a rental flatshare agency claims tenants are sacrificing summer holidays because of high rents. Matt Hutchinson, director of the...

25 July 2024

From: Breaking News

Tenants consider co-buying with friends or family members, says bank

Some 51% of young first-time buyers are willing to consider so-called ‘non-traditional routes’ to move out of renting and onto the...

25 July 2024

From: Breaking News

Half of tenants living with damp or mould - charity’s claim

Citizens Advice claims that 45% of private renters in England are currently experiencing damp, mould or excessive cold in their home,...

24 July 2024

From: Breaking News

Rightmove says big rise in rental supply still nothing like enough

Rightmove says the number of available rental properties is currently 14% higher than this time last year, while tenant demand is...

23 July 2024

From: Breaking News

Double digit annual rent rises still happening in some areas

The low supply of rental homes continues to put upward pressure on rents, reports Hamptons.   The average tenant paid £1,347 pcm to...

23 July 2024

From: Breaking News

Get Stuck In! - Agents told to campaign to change Labour’s Renters Rights Bill

Agents are being urged to campaign to change Labour’s Renters Rights Bill to stop it damaging the lettings industry. Neil Cobbold, commercial...

22 July 2024

From: Breaking News

Ending S21 is fine says leading agent - but safeguards needed

The government’s renewed pledge to end Section 21 eviction powers for agents and landlords is fine, a leading industry figure has...

18 July 2024

From: Breaking News

Concern over Rental White Paper after latest political resignation

The resignation of Labour’s First Minister of Wales has raised alarm with Propertymark. Vaughan Gething quit yesterday after the Welsh Housing Secretary...

17 July 2024

From: Breaking News

Cost Of Rent Day launched by free-market think tank

The right wing think tank the Adam Smith Institute has launched something called the Cost Of Rent Day. The institute has calculated...

17 July 2024

From: Breaking News

Fears grow for rent controls as Labour reviews rental sector

A lettings agency chief says there’s growing discussion about rent controls in his area - and he fears this may be...

16 July 2024

From: Breaking News

Rents fall in some areas but Connells enjoys lettings growth

Lettings agency giant Connells says the private rental sector performed strongly in the second quarter of 2024 despite worries over future...

16 July 2024

From: Breaking News

Prime London lettings markets boosted by summer surge

Property consultancy JLL says there’s been a noticeable rise in prime Central London lettings activity.  Average rents rose 0.9% from Q1 to...

16 July 2024

From: Breaking News

Rents rising in most areas as high interest rates hit long-term supply

Asking rents continue to show posi­tive, albeit lower, growth in most regions according to the property website Home. The site conducts a...

15 July 2024

From: Breaking News

Deposit alternative provider claims record first half of year

Deposit alternative provider flatfair claims to have enjoyed a record-breaking start to 2024, forming 61 new partnerships.  These include Concept Estate Agents,...

12 July 2024

From: Breaking News

Agents warn Rayner - “don’t scrap Section 21 without a replacement”

Propertymark has warned Labour’s Deputy Prime Minister against scrapping Section 21 eviction powers without an adequate replacement. If Angela Rayner does fulfil...

11 July 2024

From: Breaking News

Agents fear for future of Private Rental Sector - RICS

The latest lettings market snapshot by the Royal Institution of Chartered Surveyors contains a raft of worried statements from agents. A large...

11 July 2024

From: Breaking News

Knight Frank warns Labour not to push Rental Reform too far

Knight Frank says the incoming Labour government faces a potential clash between what is politically desirable and economically possible, in terms...

08 July 2024

From: Breaking News

Taxes and Rent Controls top worries ahead of election - agency survey

A nationwide survey conducted by Leaders Romans Group shows significant concerns over proposed rent controls, property taxes, and regulatory changes. LRG this...

04 July 2024

From: Breaking News

High-value tenancies agreed in June were below asking rent - Knight Frank

Knight Frank says tenancies agreed in June for properties asking over £1,000 per week were at a level below the asking...

04 July 2024

From: Breaking News

Rightmove says rents at record high, and challenges new government

The latest snapshot of the rental market from Rightmove reveals that average advertised rents for tenants outside of London have reached...

03 July 2024

From: Breaking News

Agents have “toughest job” in era of high rent rises - claim

Letting agents have the toughest job trying to balance the needs of landlord and tenants while politicians create uncertainty around the...

03 July 2024

From: Breaking News

Expect more rent rises in July following long-term trend

Rents in June 2024 rose by 6.7% year-on-year, according to the latest figures from the Goodlord Rental Index.  The Index, which analyses...

02 July 2024

From: Breaking News

Private renters make up one-in-five homeless - charity

Some 8,000 people were forced to sleep rough for the first time in London last year, an increase of 25% on...

28 June 2024

From: Breaking News

Deposit alternatives boosted by cost of living crisis - video

An interview with a figure from one of the many deposit alternative services reveals a significant rise in interest in this...

26 June 2024

From: Breaking News

Activist claims “horrendous exploitation” by “profiteering” letting agents

The deputy chief executive of an organisation funded by the Nationwide Foundation claims to have suffered “horrendous exploitation” at the hands...

25 June 2024

From: Breaking News

Experts warn against corporates monopolising private rentals

The decision of property developer Berkeley Group to enter the private rental sector is bad news for tenants, it’s claimed. Berkeley plans...

25 June 2024

From: Breaking News

Bidding Wars - letting agents mostly to blame, says campaigner

A ban on so-called bidding wars, which Labour now proposes, would have to include letting agents as well as landlords a...

24 June 2024

From: Breaking News

Tenants skip food and heat to pay rent, claims industry group

The Deposit Protection Service's charitable foundation claims that a significant proportion of tenants who have recently moved are cutting back on...

21 June 2024

From: Breaking News

No explicit pledge to spread rent controls further in Scotland - SNP

The Scottish National Party, which as part of an alliance with the Greens introduced controversial rent controls in Scotland in 2022,...

20 June 2024

From: Breaking News

Leasehold Reform Is Far From Over, Whoever Wins on July 4

Leasehold reform still has a long way to run, according to the Association of Leasehold Enfranchisement Practitioners (ALEP). The major party manifestos...

17 June 2024

From: Breaking News

RICS rings alarm bells over state of lettings market

The latest residential market survey from the Royal Institution of Chartered Surveyors is raising a red flag over what it calls...

13 June 2024

From: Breaking News

Many first time buyers take second jobs to raise a deposit

Young people in London are taking on second jobs to get onto the property ladder, it’s claimed. Of the first-time buyers in...

13 June 2024

From: Breaking News

Proposed Capital Gains Tax rise would hit rental sector

A political party has proposed that Capital Gains Tax be equalised with Income Tax - meaning landlords and investors who sold...

13 June 2024

From: Breaking News

Jitters: Reform Bill failure and July Election hit lettings market

Knight Frank is suggesting that a growing degree of uncertainty is hitting the rental market, particularly the high-end sector in the...

12 June 2024

From: Breaking News

Agents Distinctly Underwhelmed by Tories’ manifesto pledges

Agents, and others in the lettings industry, have given a sceptical response to the Conservative manifesto and its varied pledges about...

12 June 2024

From: Breaking News

We Can’t Pay More! Affordability crisis dents London lettings market

London’s rental market has weakened in recent months according to the fledgling online service Hello Neighbour. Rents are 1% down compared to...

11 June 2024

From: Breaking News

Renters increasingly reconciled to not owning a home in future

Data sourced from millions of bank accounts reveals spending on rent and mortgages increased 6.3 per cent year-on-year in May. Barclays data...

11 June 2024

From: Breaking News

Labour’s big idea to shift first time buyers from rental sector

Labour is launching a new Freedom to Buy scheme to get 80,000 young people on the housing ladder, over the next...

07 June 2024

From: Breaking News

Agent pleads with landlords to believe in buy to let

The director of a London lettings agency says buy to let landlords are entitled to feel downtrodden but claims it’s still...

07 June 2024

From: Breaking News

Rightmove slams major parties for ignoring growing housing crisis

In an unusually outspoken intervention into the election campaign, Rightmove has criticised the absence of debate over housing. The issue has not...

06 June 2024

From: Breaking News

Rents may be rising again over the summer - new prediction

The latest Rental Index from PropTech platform Goodlord shows rents hit their highest levels since October over the last month.  Rents across...

05 June 2024

From: Breaking News

Councils ‘must take over ex-private rental Right To Buy flats’

A pro-tenant group wants the next government to take Right To Buy properties back to public ownership when they come up...

05 June 2024

From: Breaking News

Tenants rent for longer according to latest government survey

Tenants today spend 12% longer in the same property before switching, than they did a decade ago. Analysis of the English Housing...

05 June 2024

From: Breaking News

Stamp Duty Change from Tomorrow - reminder to agents

As a result of an announcement back in March, in the government’s final Budget, a major change to stamp duty comes into...

31 May 2024

From: Breaking News

Labour Mayor Khan accused of failing over rental sector reforms

In an early General Election skirmish, London Labour Mayor Sadiq Khan has been accused of failing to enact key private rental...

31 May 2024

From: Breaking News

Many agents relieved Renters Reform Bill dropped - Propertymark

The agents’ trade body says many in the industry will be pleased that the Renters Reform Bill has bitten the dust...

28 May 2024

From: Breaking News

Warning To Labour - Rent Controls Just Won’t Work

If Labour plans to bring in rent controls they won’t work, a property association has warned.  The National Association of Property Buyers...

24 May 2024

From: Breaking News

Asking Rents still in positive territory in all but one region

Asking rents continue to show posi­tive growth in all regions except Greater London, the UK’s largest rental market, where they continue...

24 May 2024

From: Breaking News

Beef Up Renters Reform Bill to stop even more evictions - call

A charity claims that new official figures on rent rises will “create more worry among private renters.” StepChange charity is referring to...

23 May 2024

From: Breaking News

Record business claimed by deposit alternative service

Deposit alternative provider, flatfair, has reported record figures for the first quarter of 2024. From January to March, 56% of tenants chose...

23 May 2024

From: Breaking News

Airbnb Restrictions - Gove slammed by Labour-dominated council body

London councils have slammed government plans for regulating the short-term and holiday lets sector. In a letter to Housing Secretary Michael Gove,...

21 May 2024

From: Breaking News

Tenants Renewing on Existing Contracts hit with high rent rises - new data

Tenants renewing an existing contracts have been faced with high rent rises according to Hamptons lettings agency. It says they rose 8.3%...

21 May 2024

From: Breaking News

Most homes cheaper to rent than buy, even with large deposit

A third of homes currently for sale can be bought with a mortgage and monthly repayments that cost less than the...

20 May 2024

From: Breaking News

Propertymark tells politicians - add agent regulation to Renters Reform Bill

As the Renters Reform Bill makes its way through the House of Lords, Propertymark has advised peers not to miss this...

17 May 2024

From: Breaking News

Labour split as MP defies party policy and calls for rent controls

A Labour MP is calling for rent controls to be introduced, with powers for councils to tweak them as they see...

17 May 2024

From: Breaking News

Pity The Poor Renter - analyst says tenants face tough conditions

An Office of National Statistics survey shows that the top three issues facing the UK are still the cost-of-living crisis (89%),...

16 May 2024

From: Breaking News

Tax - that’s why rents are rising so much

Propertymark has given its view on why private rents have risen so much - 6.1% in England, 7.0% in Wales and...

15 May 2024

From: Breaking News

Guilty! - Fraudster letting agents duped landlords and tenants

Two London agents who traded fraudulently through their lettings business and scammed victims out of over £24,000 have been sentenced. After a...

13 May 2024

From: Breaking News

Agents breathe sigh of relief as arrears fall

Propertymark says the lettings market is beginning to stabilise as rent arrears decrease. Propertymark member agents reported that on average, 2.5% of...

13 May 2024

From: Breaking News

Politicians should realise how rent controls force landlords out - call

The pressure on rents for new tenancies in Scotland’s private rented sector have started to ease with all major cities now...

10 May 2024

From: Breaking News

RICS: Landlord instructions in short supply as market slows

The latest RICS UK Residential Survey results suggests that tenant demand continues to lose momentum.  Alongside this, landlord instructions remain in short...

09 May 2024

From: Breaking News

 Stop Killing Market with Rent Controls, agents tell minister

Propertymark has urged Scotland’s new First Minister to end the country’s housing emergency. John Swinney is now First Minister and says he...

08 May 2024

From: Breaking News

Tenants pushing back against large rent rises: Knight Frank

Rental growth in prime London postcodes has narrowed to levels last seen in the summer of 2021, says Knight Frank.  Average rents...

08 May 2024

From: Breaking News

Labour must come clean on Business Rates, says agency

A prominent agent campaigning for business tax reform is urging Labour to come clean on its policies for business rates and...

03 May 2024

From: Breaking News

Good News - buy to let yields at their highest for six years

The average gross rental yield reported by landlords has reached the highest level since the second quarter of 2018, according to...

03 May 2024

From: Breaking News

Demand slows as agents warn about unsustainable rent rises

The latest market report from Propertymark’s lettings agents suggests the demand is slowing. The latest data - for March - shows that...

03 May 2024

From: Breaking News

Rent rises moderating as market stabilises ahead of summer

The latest Rental Index from Goodlord reveals that rents are now up by 5.7% over the year.  The price per property over...

02 May 2024

From: Breaking News

Specialist accommodation listings service recruits extra staff

Student accommodation listings service StuRents has added three new hires as it expands. Chris Glen is the new head of customer success....

02 May 2024

From: Breaking News

Ground Rents defended by investors’ group

The ongoing debate over ground rents within Government is rapidly becoming a Parliamentary farce that could soon lead to an economic...

01 May 2024

From: Breaking News

Shelter demands “overhaul” of Renters Reform Bill

Campaigning charity Shelter is demanding an overhaul of the Renters Reform Bill, which will shortly begin its passage through the House...

01 May 2024

From: Breaking News

Rent Controls - we’re unlikely to follow Scotland, says housing chief

The Housing Secretary in Wales says that nation is unlikely to follow the example of Scotland by introducing rent controls. At a...

30 April 2024

From: Breaking News

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