News
New record rents for three-bed houses and one-bed flats.
Tuesday 14th November 2023
The lettings market shows little sign of slowing as rents rose 11.7 per cent year-on-year across Britain in October, says the…
Renters Reform Bill - MPs to hear agents’ worries today
Tuesday 14th November 2023
A senior Propertymark official will today tell MPs of the industry's concerns about the Renters Reform Bill. The Bill has reached the so-called committee stage…
New Housing Minister is ... a former housing minister
Monday 13th November 2023
The new Housing Minister is Lee Rowley - who was a former housing minister during the short lived premiership of Liz Truss. Rowley - who since last autumn has been serving as the Parliamentary Under Secretary of State in the Department…
Property Industry Reacts to ‘Revolving Door of Housing Ministers’ in Wake of Rachel Maclean’s Sacking
Monday 13th November 2023
Property Eye - Marc Da Silva
The property industry has responded to the announcement that prime minister Rishi Sunak has this afternoon asked Rachel Maclean to resign as housing minister as part of his cabinet reshuffle. Maclean posted a statement on X formerly known as Twitter…
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…
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…
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 at…
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 arguably the centrepiece of the Renters Reform…
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.…
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…