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Rents up, voids down – index charts highs and lows of PRS in 2023

Friday 5th January 2024

Average rents in England were nearly 9% higher across 2023 as a whole compared to average rents recorded in 2022, according to the latest Goodlord rental index. Despite month-on-month rents dropping slightly from…

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Agents urged to heed GDPR guidance after breaches uncovered

Friday 5th January 2024

Estate and letting agents must be vigilant against breaches of GDPR, Propertymark has warned. The Information Commissioner's Office (ICO) recently issued fresh advice regarding compliance with UK GDPR law after an…

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Despite everything, landlord sentiment remains upbeat for 2024

Friday 29th December 2023

The majority of PRS landlords believe the prospects for their own rental portfolios in 2024 are good. Nearly three quarters of all landlords (74%) feel confident about prospects for the property market next year, according to research from The Mortgage Lender…

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Will the Renters (Reform) Bill go live next year?

Thursday 28th December 2023

PayProp UK boss Neil Cobbold says that the government's flagship legislation for the private rented sector remains in limbo. This time last year it had been expected that the Renters (Reform) Bill would be on the…

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Letting agents call on Government to fix ‘broken’ evictions system

Wednesday 20th December 2023

Propertymark has made the comments within its submission to a Parliamentary enquiry into the nation's troubled County Courts. Letting agents have called on the…

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Letting agents ‘to face more regulation in the Spring’

Wednesday 20th December 2023

Announcement is made by CMA, which says new guidance and also enforcement are in the pipeline as the regulatory looks into the PRS. Letting agents face more regulations following a promise…

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Letting agents warned over looming electrical checks ‘bottleneck’

Tuesday 19th December 2023

Fixflo says millions of rented properties will be coming up for EICR renewal in 2025 and 2026 and that agents should complete checks now instead. Letting agents and property managers have been told to…

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London borough reveals UK’s most expensive selective licensing scheme

Thursday 14th December 2023

Landlords and letting agents face tough licensing conditions and a £923 fee for the five-year scheme. Letting agents and landlords in one of London's biggest boroughs are…

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Rural tenants face brunt of rent rises, claims deposit scheme

Wednesday 13th December 2023

Political parties need to work out how to improve affordability for tenants whilst not undermining the supply of private rented housing says TDS. Private sector tenants in…

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Landlord pays back thousands to tenants after HMO licensing failures

Monday 11th December 2023

Another two landlords in Wood Green have also received Civil Penalty notices after failing to license their properties properly. A landlord in London has been ordered to refund 12 months' rent…

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