News
Rightmove says rents at record high, and challenges new government
Wednesday 3rd July 2024
Graham Norwood
The latest snapshot of the rental market from Rightmove reveals that average advertised rents for tenants outside of London have reached a new record of £1,316 per calendar month. In London, average advertised rents are…
Next government urged to reform landlords’ tax rules to boost supply of home to rent
Wednesday 3rd July 2024
Property Industry Eye - Marc Da Silva
With the number of homes coming up to let in short supply, Propertymark is calling on the next government to reconsider the way landlords are taxed in a bid to incentivise new investment in the buy-to-let sector. Demand for privately…
Expect more rent rises in July following long-term trend
Tuesday 2nd July 2024
Graham Norwood
Rents in June 2024 rose by 6.7% year-on-year, according to the latest figures from the Goodlord Rental Index. The Index, which analyses data from tens of thousands of confirmed tenancies, says the average…
NEW: Labour launches broadside against bad landlords and 'vested interests'
Friday 21st June 2024
Nigel Lewis
Labour has launched a broadside against bad landlords as it adds more flesh to its manifesto bone in a bid to win the 'renter vote'. This morning Angela…
Renting still cheaper than buying with a 5% deposit
Monday 17th June 2024
Robyn Hall
Mortgage guarantee schemes are in Conservative and Labour manifestos, but their effectiveness will probably be determined by Threadneedle Street rather than Downing…
BTL landlord hit with £13,500 fine for HMO failings
Friday 14th June 2024
Property Industry - Marc Da Silva
The owners of a large House in Multiple Occupation (HMO) in Haringey have been fined £13,500 after failing to repair multiple hazards…
Eco-Improvements demanded by most tenants - new bank survey
Friday 14th June 2024
Graham Norwood
A small survey by a bank suggests that almost 100% of buy to let investors surveyed have received requests from tenants for…
Word-for-Word - Conservative Rental and Housing Manifesto Pledges
Wednesday 12th June 2024
Graham Norwood
The Conservatives have this afternoon set out a 78-page manifesto, of which just over two pages are given to housing and related issues. Here are the contents of the two pages, word-for-word: "We will deliver…
WARNING: 'Bashing landlords will make PRS as bad as social homes'
Monday 10th June 2024
Helen Gregory
Standards in the PRS will soon fall to those in the social sector if regulation and licensing continues to push smaller landlords out, a leading letting agent and landlord has warned. Landlords leaving the…
Tenants rent for longer according to latest government survey
Wednesday 5th June 2024
Graham Norwood
Tenants today spend 12% longer in the same property before switching, than they did a decade ago. Analysis of the English Housing Survey shows the average private tenant currently spends 4.3 years in…