Category: Property Industry News

Missing items most common reason for student deposit deductions

Missing items most common reason for student deposit deductions

A recent study by removal firm Kiwi Movers found that 52 per cent of tenants experienced difficulties over the return of deposits on check-out.  The most common reason of items missing from the inventory...




Rents jump as tenant demand hits all-time high

Rents jump as tenant demand hits all-time high

New figures from Rightmove suggest growing affordability issues for tenants priced out of the house purchase market.  Sam Mitchell, head of lettings at Rightmove, said: “Rents have grown this quarter in nearly all regions...




Rent Smart Wales, launches this autumn

Rent Smart Wales, launches this autumn

A new compulsory licensing and registration scheme for landlords is to be launched in Wales this autumn.  The new scheme will require landlords to register themselves and their properties.  If a landlord wants to...




Proposed tenancy changes give rise to discontent in Scotland

Proposed tenancy changes give rise to discontent in Scotland

Proposals by the Scottish Government to replace assured and short assured tenancies by the Scottish Private Rented Tenancy (SPRT) in the private rented sector is causing concern within the lettings industry. A particular area...




Tax blow for buy-to-let landlords

Tax blow for buy-to-let landlords

The Chancellor, George Osborne, has delivered a blow to landlords in today’s budget speech by announcing that mortgage tax relief for buy-to-let home buyers is to be restricted to the basic rate of income...




Landlord’s plea to Chancellor in advance of budget

Landlord’s plea to Chancellor in advance of budget

The Residential Landlords Association (RLA) has called on George Osborne to use this week’s budget to provide additional support to the private rented sector and thereby stimulate the development of new homes across the...




Could this be a crunch week for letting sector?

Could this be a crunch week for letting sector?

With the UK budget statement being delivered later this week by George Osborne it remains to be seen if measures will be introduced to close at least some of the tax breaks given to...




Bank of England considers buy-to-let mortgage restrictions

Bank of England considers buy-to-let mortgage restrictions

The Bank of England has expressed concerns over excessive landing to fund buy-to-let purchases. In its latest report, the BoE states that buy-to-let lending now accounts for 18% of new mortgage lending. This could...




Landlords report surge in demand

Landlords report surge in demand

Research conducted by Paragon Mortgages has found strong growth in the buy-to-let market during the second quarter, with 43% of landlords experiencing a rise in tenant demand. The latest figures confirm that demand is...