News
What’s Happening To Rents in 2024? First forecast appears
Wednesday 8th November 2023
One of the first forecasts for the rental market for 2024 suggests that strong growth will continue. Property consultancy JLL says that a lack of new rental stock and a challenging interest rate environment will lead to rental…
Agents supporting HMO council tax breakthrough
Thursday 2nd November 2023
Propertymark has welcomed the government’s commitment to end the practice of council tax of banding single rooms in HMOs, potentially saving shared housing tenants around £1,000 a year each. The current system allows rooms…
Agents want tax reforms on top of pledge to avoid rent controls
Tuesday 31st October 2023
Propertymark has welcomed the pledge by Housing Secretary Michael Gove not to introduce rent controls in England. The trade body says such controls discourage investment and are in any case ineffective…
Section 21 U-turn - more details given by government
Monday 23rd October 2023
More details have emerged of what appears to be a sort of stay of execution for Section 21 eviction powers. The abolition of Section 21 was…
Major boost for buy to let mortgage range
Friday 20th October 2023
There’s been a significant increase in the buy to let mortgage product range according to analysis by independent service Moneyfacts. A year ago, there were fewer…
Buy to let income up despite rising costs and red tape
Wednesday 20th September 2023
Landlords in England and Wales have seen their rental portfolio income increase by 8.7 per cent in the past year. That’s according to new research from London lettings agency Benham and Reeves, which compared the average rental portfolio income, based on…
Gas Safety tips for agents to pass to landlords and tenants
Wednesday 13th September 2023
Propertymark, together with Gas Safe Register, has produced top tips to be passed by agents to landlords and tenants as part of this week’s Gas Safety Week initiative.…
Rental firm’s big fine for repair failures on five storey block
Wednesday 23rd August 2023
The company which owned and was responsible for a five-storey block of rented flats in Bridlington has been ordered to pay a total of £12,377 for failing to…
EPC Ratings - rental sector won't improve without grants
Wednesday 23rd August 2023
A legal expert says there is too little practical help available to transform the energy efficiency reputation of the private rental sector. Gina Peters, Head of Landlord and Tenant at Dutton Gregory Solicitors, says helpful initiatives such as…
Renting cheaper than mortgages for first time in 13 years
Tuesday 22nd August 2023
Zoopla’s research team says the rise in mortgage interest rates means it’s now cheaper to rent than to buy for the…