Category: Property Industry News

An exercise in rental arithmetic

An exercise in rental arithmetic

The private rental sector has gone through a period of rapid growth with agrowing proportion of the UK population now solely reliant on rental housing. Since 1925, successive law reforms and government policies have...




Generation Rent and the Evolution of the Private Rented Sector

Generation Rent and the Evolution of the Private Rented Sector

The evolution of the Private Rented Sector is upon us as buy to let renters of the last decade are starting families and the average UK first time buyer is now 37 years old...




Custodial DPS to launch insurance-backed scheme

Custodial DPS to launch insurance-backed scheme

The Deposit Protection Service has today announced that it has been granted approval by the UK government to run an insurance-based deposit protection scheme in England and Wales. The new scheme will run alongside...




Landlords ‘should always use a lettings agent’

Landlords ‘should always use a lettings agent’

Landlords have been advised to use a lettings agent to manage their properties – but is it always necessary? Julie Twist, managing director at Julie Twist Properties, acknowledged that she is “bound to say”...




High rents are ‘holding back Britain’s economic recovery’

High rents are ‘holding back Britain’s economic recovery’

High private rents are holding back Britain’s economic recovery, a policy maker at Shelter has argued. Peter Jefferys, who has also worked for the Labour party, said that there is evidence that high rent...




Tenant demand keeps rising – Paragon

Tenant demand keeps rising – Paragon

Demand for rental property is stable or growing across the UK. According to the latest Private Rental Sector Trends research from specialist buy-to-let lender Paragon Mortgages, 91% of landlords said they thought that demand...




NALS strikes ground-breaking deal with ombudsman service

NALS strikes ground-breaking deal with ombudsman service

Ombudsman Services, which provides a redress service for RICS members’ clients, has done a deal with NALS. It will be offering NALS agents, particularly those confident of having no complaints lodged against them, rates...




Shelter’s 5-year tenancies – what other research says

Shelter’s 5-year tenancies – what other research says

Housing charity Shelter is stirring up a fuss in the private rental sector with a call for five-year tenancies for buy to let properties. At the nub of the debate is Shelter wants more...




SAFEagent sets up forum to shed light on CMP schemes

SAFEagent sets up forum to shed light on CMP schemes

An attempt to shine a light on the different Client Money Protection schemes and how they interact with tenancy deposit schemes has been announced as the latest SAFEagent initiative. All the major players, including...




Rents around UK increase to highest price ever seen

Rents around UK increase to highest price ever seen

The HomeLet Rental Index August 2012 headlines… In August, the average cost of renting a home in the UK increased by 2.1% over the past year to £806 per month – the highest average rental...