Category: Property Industry News

Economic performance drives UK property markets, not elections

Economic performance drives UK property markets, not elections

According to a new report by commercial property and real estate services advisor CBRE, the upcoming general election in the UK has so far had a minimal impact on the country’s property markets as...




Scottish private rental market ‘lacking supply’

Scottish private rental market ‘lacking supply’

According to a report, from The Scottish Association of Landlords (SAL), 43% of people looking to rent in the past five years had found it “quite difficult” or “very difficult” to find a suitable property....




Three quarters of the public believe there is a continuing housing crisis in Britain

Three quarters of the public believe there is a continuing housing crisis in Britain

According to a new poll carried out on behalf of the Chartered Institute of Housing, 75% of people feel there is a housing crisis.  This is felt mostly sharply by those in London and those that...




Landlords face a hike in eviction costs for a second successive year under government proposals

Landlords face a hike in eviction costs for a second successive year under government proposals

The Ministry of Justice (MoJ) is, until 27 February, consulting on raising the fee for possession claims in the County Court by £75 per claim – as part of a plan to save the department £55m...




Government indicates that it aims to have the regulations in place ahead of the May general election for minimum energy efficiency standards (MEES)

Government indicates that it aims to have the regulations in place ahead of the May general election for minimum energy efficiency standards (MEES)

The non-domestic minimum energy efficiency regulations for England and Wales will mean that by 01 April 2018, all relevant properties will have to be improved to a minimum energy efficiency standard before being let...




Rents are higher than a year ago in three out of five regions of Scotland

Rents are higher than a year ago in three out of five regions of Scotland

The latest index figures from Your Move, one of Scotland’s largest lettings agent networks, reveal the pace of annual rent growth in Scotland dropped by two thirds in 2014 with average rents now just 1.2%...




Longer tenancies could result in more tenant disputes

Longer tenancies could result in more tenant disputes

My Property Inventories, an inventory service provider, has suggested that longer tenancies in the private rental sector may result in additional costs to letting agents and landlords due to an increase in the number...




Excessive fees are top complaints, says redress chief

Excessive fees are top complaints, says redress chief

The Property Redress Scheme, is claiming an increase in consumer complaints against lettings agents and property management firms as the right to redress becomes better known to the public. The major causes of complaint have...




Rent rise of 3% recorded in 2014

Rent rise of 3% recorded in 2014

LSL Property Services has reported an average 3% rise in rents over 2014 across England and Wales. This translates to an average rent figure of £767 per month. As usual there are regional variations...




Surge in tax receipts sparked by HMRC investigations into buy-to-let

Surge in tax receipts sparked by HMRC investigations into buy-to-let

HM Revenue & Customs (HMRC) has experienced record receipts of capital gains tax after a crackdown on landlords. Figures published by accountants UHY Hacker Young show that probes by tax inspectors into underpayments of...