News
Higher standards for Rent-to-Rent needed
Wednesday 1st May 2024
Property Industry - Marc Da Silva
Propertymark says that it fully supports the National Trading Standards Estate and Lettings Agency Team’s review into the impact of Rent-to-Rent, which is intended to raise…
Renters’ Reform Bill: Are we sleepwalking back to the past?
Tuesday 30th April 2024
Property Industry - Simon Tyrrell
Has enough energy been directed by landlords and agents into drafting elements of the Renters’ Reform Bill (RRB). I feel guilty that I had thought that greater bodies and minds than mine were working on this Bill, but recent…
BTL landlord warned she faces jail if she does not pay £79k fine
Saturday 27th April 2024
Property Industry - Marc Da Silva
A buy-to-let landlord in London has been issued with a confiscation order of £78,620 after she converted a five-bedroom house into without planning permission. Titilola Oyejole from Dagenham divided up the five bedroom home on Fanshawe Crescent around nine years ago,…
Tenants staying for longer to avoid being faced with higher rents
Wednesday 24th April 2024
Property Industry - Marc Da Silva
Tenants are looking to stay in their existing rental property for longer as they look to avoid higher rents elsewhere, new research shows. The average tenancy length in England and Wales has increased by 218 days during last four years, according…
Tight supply, high rents and ‘lockdown pets’ stop tenants moving
Monday 22nd April 2024
The Negotiator
The DPS says the average tenancy length in England and Wales increased by 218 days during the past four years. Competition for new rentals, high rents and tenants acquiring a ‘lockdown pet’ are keeping renters…
WARNING: Tenancy fraud up 140% in a year, reports rental platform
Wednesday 17th April 2024
The Negotiator
An analysis of over 600,000 tenancy applications has found that the number of fraudulent applications has soared, says Goodlord. In the last 12 months, the number of fraudulent tenancy applications has increased 140%, according to analysis…
Research reveals 20% of tenants battling ‘bidding wars’ for homes
Tuesday 9th April 2024
The Negotiator
Figures from Cornerstone Tax reveal that on a national level an average of 17% of renters are having to endure other competitive tenants moving against them. Almost one-in-five renters have lost out on a property due to…
Letting agents demand mortgage lenders cut rates to help market
Friday 1st March 2024
Graham Norwood
The letting agents’ trade body Propertymark has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically decided by…
Channel Five investigation exposes huge surge in property fraud
Friday 1st March 2024
Robyn Hall
Property ownership is a cornerstone of financial stability for millions of people yet the threat of property fraud remains largely underestimated, says TV show. Channel Five’s TV show ‘Scams: Don’t Get Caught Out’ has revealed…
Short-term lets not to blame for housing crisis, says Airbnb firm
Thursday 29th February 2024
David Callaghan
Stefan Hoffelner of Your AirHost says housing issues are too complex to simply be explained by too many holiday lets. Airbnb management firm Your AirHost has attacked the Government’s plans for holiday lets. Short term lets advertised through…