News
Blow to Labour Right To Buy plan - most tenants don’t want to own
Tuesday 24th September 2019
The majority of the UK’s private renters don’t want to purchase a home according to new research, coming just as the Labour party is considering giving tenants the right to buy. Landbay,…
SCRAPPING SECTION 21 WILL TRIGGER A RISE IN HOMELESSNESS, IT IS SUGGESTED
Monday 23rd September 2019
The abolition of Section 21, and subsequent expansion of Section 8, could put thousands of tenants at greater risk of receiving a County Court Judgement (CCJ) and ending up homeless, it…
LANDLORD ORGANISATIONS ANNOUNCE PLANS TO MERGE
Wednesday 18th September 2019
Two major landlord organisations are planning to join together in a move they believe will give the private rented sector a stronger voice on a regional and a national level. The boards of the National Landlords Association (NLA) and the…
Housing minister hints at longer minimum length for tenancies again
Tuesday 17th September 2019
Housing minister Esther McVey has hinted heavily that the Government will introduce regulations to introduce a longer minimum tenancy period for renters as part of its proposed reforms of the Assured Shorthold Tenancy (AST) system. In her…
Rents Reach Record High in the UK for Third Month in a Row
Friday 13th September 2019
Rents in the UK’s private rented sector increased to a record high in July for a third consecutive month, the…
NUMBER OF DEALS AVAILABLE TO FIRST-TIME LANDLORDS HAS ‘BOOMED TO A RECORD HIGH
Thursday 4th July 2019
The choice of first-time landlord buy-to-let products has increased to an all-time high, according to the latest research from Moneyfacts.co.uk. The data reveals that the…
CALL FOR RIGHT TO RENT POLICY TO BE SCRAPPED IN THE UK
Wednesday 26th June 2019
The next British Prime Minister is being urged to scrap the controversial Right to Rent scheme, with a coalition of organisations pointing out that the High Court has ruled it causes discrimination. The Residential Landlords Association, the Joint Council…
OVER A 10-YEAR PERIOD RENTING IS CHEAPER THAN BUYING
Thursday 13th June 2019
Renting is typically cheaper than buying over a 10 year-period when taking into account upfront and monthly payments, lettings platform Bunk has found. Across the UK the average monthly rent is £676. With the newly introduced five-week…
RENTAL PROPERTIES ONLY EMPTY FOR THREE WEEKS ACROSS MUCH OF THE COUNTRY
Thursday 23rd May 2019
New data from Proptech firm Goodlord suggests that the average void period for England and Wales is just 21 days. The longest typical period, 31 days, is found in the West Midlands while perhaps unsurprisingly…
SHARP RISE IN TENANCY DEPOSIT DISPUTES BEING RESOLVED BEFORE ADJUDICATION
Wednesday 22nd May 2019
Early intervention between landlords and tenants across the UK is resulting in many more deposit disputes being resolved by agreement,…