Category: Property Industry News

New pension rules unlikely to impact market

New pension rules unlikely to impact market

In April of this year, new pension rules come into effect in the UK which will allow more flexibility in fund withdrawals. Recent headlines had suggested that these changes could result in a flood...




Industry panel trashes Labour housing policy

Industry panel trashes Labour housing policy

At the Paragon Buy to Let Debate, Labour plans to introduce three-year tenancy agreements as standard and to restrict private rental costs have been dismissed and branded “political gerrymandering”. During the debate, panel members...




UK’s landlords spooked by coming election

UK’s landlords spooked by coming election

A survey of over 500 landlords by Urban.co.uk found that almost half of the UK’s private rented sector landlords have halted plans to expand their property empires ahead of the general election.  Among the...




Private rented sector expected to double by 2035

Private rented sector expected to double by 2035

The private rented sector is set to more than double in size from a housing stock of 4.9 million properties in 2012 to 13.2 million by 2035, according to peer-to-peer lending company Landbay. With...




Nine out of twelve regions report rent rises

Nine out of twelve regions report rent rises

According to the latest figures to be published by HomeLet residential rents for new tenancies in the UK increased by 2.5% during first month of the year. The highest growth occurs in the East...




Property Redress Scheme issues guides on unfair fees

Property Redress Scheme issues guides on unfair fees

Two guidance notes for agents regarding fees have been issued by the Property Redress Scheme. The PRS revealed last month that the most common grievance made against agent members involved unfair or excessive fees...




UK Agents Housing Manifesto – supply, regulation and tax

UK Agents Housing Manifesto – supply, regulation and tax

The National Association of Estate Agents (NAEA) and Association of Residential Letting Agents (ARLA) launched the manifesto today at the third consecutive NAEA Conference.  Having met professionals, politicians, experts and campaigners across the UK...




Change in law results in record number of complaints to the TPO

Change in law results in record number of complaints to the TPO

In the three months after all letting agents were required by law to join a redress scheme, the Property Ombudsman received a record number of complaints. Between October 1 and the end of the...




ARLA reports rent rises from 27% of landlords

ARLA reports rent rises from 27% of landlords

The Association of Residential Letting Agents (ARLA) has reported that 27% of its licensed members saw an increase in the cost of monthly rents from December 2014 to January 2015. The region with the...