News
“Quite Staggering” Rent Rises Last Month - figures
Wednesday 2nd August 2023
July was a record breaking month for the rental market, claims a PropTech company. Goodlord analyses tens of thousands of completed tenancies each month, and says last month saw the highest average rental costs since at least 2019. As…
Rent Controls backfire - Propertymark speaks out
Tuesday 11th July 2023
Graham Norwood-LettingAgentToday
Propertymark has given details of how it believes the Scottish Government rent control system has backfired and works against the interests of the rental sector The Scottish Parliament last month agreed…
Tenants ‘more likely to have Netflix than contents insurance’
Thursday 1st June 2023
A PropTech supplier to letting agents claims that tenants are more likely to have Netflix than contents insurance. A survey of 1,013 private tenants commissioned by Paymentshield reveals that 53 per…
Agents speak out on Renters Reform Bill dangers
Thursday 1st June 2023
Graham Norwood-LettingAgentToday
Lettings agents within The Guild of Property Professionals think that the Renters Reform Bill could cause many landlords to quit Graham Wood, managing director at Home Sales & Lettings - a landlord for 20 years and the owner of…
Eviction powers may even increase under Renters Reform Bill - claim
Thursday 1st June 2023
A lettings agency claims eviction powers may actually increase - not reduce - thanks to the controversial Renters Reform Bill Knight Frank says that the Renters Reform Bill is designed to support tenants, and that landlords have been…
Labour must fund councils to buy private rental homes - expert’s call
Thursday 1st June 2023
A prominent housing journalist says Labour should fund councils to buy homes directly from private landlords to rapidly increase the size of the social rented stock It could also empower…
Shock forecast of 20% rent rises in coming months
Thursday 1st June 2023
Graham Norwood-LettingAgentToday
A senior director at Chestertons, one of London's largest lettings agencies, has warned that tenants in the capital will face an incredibly competitive rental market this summer The agency…
First sign of government U-turn on Renters Reform Bill
Friday 26th May 2023
Propertymark says it's spotted what may be the first sign of a U-turn on one aspect of the controversial Renters Reform Bill Under the current proposals, outlined in the Bill when it was published last week, all fixed-term contracts…
Data shows desperate need for more rental properties
Thursday 25th May 2023
Propertymark says the number of new prospective tenants registering per member branch rose slightly to 118 in April This figure is up from the December low of just 64 and is also 24 per cent higher than April 2022. Stock…
Older tenants will benefit most from Renters Reform Bill - claim
Thursday 18th May 2023
The Centre for Ageing Better claims older tenants will benefit most from some of the provisions in the Renters Reform Bill. As the residents who spend…