Category: Property Industry News

September see’s ease in rent prices

September see’s ease in rent prices

The latest figures from the HomeLet Rental Index show that twice as many regions in the UK saw rental price falls than those recording an increase in rental prices in September,  taking the average monthly price to...




Advertising Tenancy Fees

Advertising Tenancy Fees

As you may be aware, recent new guidance from the Competition and Markets Authority (CMA, previously the Office of Fair Trading) and agreed with the Advertising Standards Authority (ASA), states that all rental property...




Landlords dispute Shelter’s claims regarding revenge evictions

Landlords dispute Shelter’s claims regarding revenge evictions

According to the Residential Landlords Association, the number of private sector tenants evicted has fallen over the past year. According to the most recent English Housing Survey just 7% of tenants that have moved...




10% renters suffer ill health due to state of property

10% renters suffer ill health due to state of property

Research from a YouGov survey has revealed that 10 per cent of 4,544 private renters in England have suffered ill health in the past 12 months because their private rented housing was of a...




Buy-to-let not to blame for housing crisis

Buy-to-let not to blame for housing crisis

Two market experts, David Whittaker and Ying Tan of Mortgages for Business and The Buy to Let Business respectively, said that buy-to-let is providing a market service and not contributing to the UK’s lack...




Trading Standards authorities actively searching for non-compliant letting agents

Trading Standards authorities actively searching for non-compliant letting agents

Letting agents are being warned that they face possible prosecution if they have not joined one of the compulsory redress schemes. Fines of up to £5,000 can be imposed on non-compliant letting agents. The...




Falling rental yields for standard BTL properties

Falling rental yields for standard BTL properties

According to the latest Mortgages for Business Complex Buy to Let Index, rental yields on standard or ‘vanilla’ buy to let properties are falling. Gross yields on such properties, have fallen to 5.9% as...




Government releases another document on Redress Schemes

Government releases another document on Redress Schemes

A shorter document that the original one released early in the year, it provides clarity on who falls under the remit of a letting agent and thus has to be a member of one...




Rise in Britons giving up on home ownership

Rise in Britons giving up on home ownership

The number of British tenants who never expect to own their own home as risen from 12% three years ago to 18%. Even for those that still aspire to buying a property, almost half...




New type of tenancy for private rented sector in Scotland

New type of tenancy for private rented sector in Scotland

A consultation on a new type of tenancy has been launched for the private rented sector by the Scottish Government. The primary aim of the new tenancy type is to give tenants better security...