Category: Property Industry News

Minister rejects calls from SafeAgent to make CMP compulsory

Minister rejects calls from SafeAgent to make CMP compulsory

Housing minister Brandon Lewis has said in a letter to John Midgley, chair of SAFEagent that he has “no plans to make CMP compulsory.”  Although disappointed by this SafeAgent is committed to and will...




The State Of Property

The State Of Property

This month has seen many stories revolving around the actual state of rented properties, be it tenants causing damage, landlords not being realistic on fair wear and tear, or even properties causing tenants to...




Allegations of ‘revenge eviction’ refuted by ARLA

Allegations of ‘revenge eviction’ refuted by ARLA

The Association of Residential Landlords has detailed the evidence that it provided to MPs who are probing so-called ‘revenge evictions’. In summary, the evidence states that revenge eviction is rare and occurs in only...




Rental demand most important factor for determining level of buy to let mortgage business

Rental demand most important factor for determining level of buy to let mortgage business

According to the latest quarterly survey, intermediaries’ are positive about their future levels of mortgage business over the next year, with many advisers expecting to see a 3% average increase over the next 12 months....




ONS figures reveal almost no growth in Wales PRS

ONS figures reveal almost no growth in Wales PRS

From September 2013 to September this year, private rental prices grew just 0.2% across Wales  according to the Index of Private Housing Rental Prices from the Office of National Statistics.  The figures however contrast...




Fast track evictions for nuisance tenants

Fast track evictions for nuisance tenants

From today, new powers introduced in the Anti Social Behaviour, Crime and Policing Act 2014 will give landlords the means to evict problem tenants more swiftly. The fast-track process will take into consideration previous...




Parliamentary inquiry into retaliatory evictions

Parliamentary inquiry into retaliatory evictions

Retaliatory evictions are to be investigated by the All Party Parliamentary Group for the Private Rented Sector. Such evictions occur when a landlord serves notice on a tenant to the leave their home as...




North South divide on rents deepens

North South divide on rents deepens

Overall rents in the UK may have increased by £66 per month in a yearly comparison to reach £1,034 per month.  However, where as the South East of England, East Anglia and Scotland have seen advertised...




Some landlords unrealistic at end of tenancies

Some landlords unrealistic at end of tenancies

The latest findings from the Association of Independent Inventory Clerks (AIIC) show that some landlords and letting agencies are still pushing for ‘Betterment’ at the end of tenancies. Simply put, the betterment principle means...




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...