News
Rents up, voids down – index charts highs and lows of PRS in 2023
Friday 5th January 2024
Average rents in England were nearly 9% higher across 2023 as a whole compared to average rents recorded in 2022, according to the latest Goodlord rental index. Despite month-on-month rents dropping slightly from November 2023 to December 2023,…
Agents urged to heed GDPR guidance after breaches uncovered
Friday 5th January 2024
Estate and letting agents must be vigilant against breaches of GDPR, Propertymark has warned. The Information Commissioner's Office (ICO) recently issued fresh advice regarding…
Despite everything, landlord sentiment remains upbeat for 2024
Friday 29th December 2023
The majority of PRS landlords believe the prospects for their own rental portfolios in 2024 are good. Nearly three quarters of all landlords (74%) feel confident about prospects…
Will the Renters (Reform) Bill go live next year?
Thursday 28th December 2023
PayProp UK boss Neil Cobbold says that the government's flagship legislation for the private rented sector remains in limbo. This time last year it had been expected that the Renters (Reform) Bill would…
Letting agents call on Government to fix ‘broken’ evictions system
Wednesday 20th December 2023
Propertymark has made the comments within its submission to a Parliamentary enquiry into the nation's troubled County Courts. Letting agents have called on the Government to take urgent action to fix the broken…
Letting agents ‘to face more regulation in the Spring’
Wednesday 20th December 2023
Announcement is made by CMA, which says new guidance and also enforcement are in the pipeline as the regulatory looks into the…
Letting agents warned over looming electrical checks ‘bottleneck’
Tuesday 19th December 2023
Fixflo says millions of rented properties will be coming up for EICR renewal in 2025 and 2026 and that agents should complete checks now instead. Letting agents and property managers have been told to…
London borough reveals UK’s most expensive selective licensing scheme
Thursday 14th December 2023
Landlords and letting agents face tough licensing conditions and a £923 fee for the five-year scheme. Letting agents and landlords in one of London's biggest boroughs are to face an…
Rural tenants face brunt of rent rises, claims deposit scheme
Wednesday 13th December 2023
Political parties need to work out how to improve affordability for tenants whilst not undermining the supply of private rented housing says TDS. Private sector tenants in rural areas are facing the…
Landlord pays back thousands to tenants after HMO licensing failures
Monday 11th December 2023
Another two landlords in Wood Green have also received Civil Penalty notices after failing to license their properties properly. A landlord in London has been ordered to refund…