Tagged: Rent

New crackdown on buy-to-let sector ‘imminent’

New crackdown on buy-to-let sector ‘imminent’

In the wake of the warning from the Bank of England that the buy-to-let bubble could threaten the financial stability of the entire country, the UK chancellor, George Osborne, has indicated that a crack...




3.1% increase recorded in Scottish residential rents

3.1% increase recorded in Scottish residential rents

The average Scottish rent has reached a new peak of £549 per month according to the latest index data from letting agent Your Move. For the month of June this represents a year on...




44% of renters in the UK believe they will never own their own home

44% of renters in the UK believe they will never own their own home

According to an independent survey for construction and regeneration company Keepmoat only 2% of renters plan on getting on the property ladder this year.    The most common reason for not getting on the property ladder...




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...