Category: Property Industry News

Fair compensation calculations needed for good lettings relationship

Fair compensation calculations needed for good lettings relationship

The Association of Independent Inventory Associations (AIIC) has claimed that calculating the right compensation charges at the end of tenancies is the holy grail of lettings and getting it wrong can lead to unnecessary...




PRS ‘needs rent controls and indefinite tenancies’ claims independent think tank

PRS ‘needs rent controls and indefinite tenancies’ claims independent think tank

Civitas, an independent right-of-centre think tank has said that inflation-busting rent rises should be banned and indefinite tenancies should become the norm in the private rented sector (PRS). Dismissing concerns that rent regulation would...




Three million private renters ‘struggling to pay for their home’

Three million private renters ‘struggling to pay for their home’

New research from the National Housing Federation has found that almost a third (31%) of those living in the private rented sector struggling to make end meets, especially families with children (41%). The shortage of...




Crackdown on landlords raises £7.9m for HMRC

Crackdown on landlords raises £7.9m for HMRC

The taxman has raised £7.9 million in additional tax as a result of a crackdown on landlords with undeclared, or under-declared, rental income. The HMRC’s Let Property Campaign was launched 15 months ago, and...




Court of Appeal rules on tenancy deposit case

Court of Appeal rules on tenancy deposit case

Long-standing tenancies could be impacted by a new Court of Appeal decision. Although tenancy deposit regulations do not require landlords to protect deposits taken before April 2007 the court ruled that the Housing Act...




Most landlords not confident completing immigration checks

Most landlords not confident completing immigration checks

New research shows that 93% of landlords are far from happy as the immigration check scheme pilots in the West Midlands this month. With the scheme due to go national next year, nine out...




Landlords expect rents to rise and tenant demand to continue but have found it harder to access mortgage finance

Landlords expect rents to rise and tenant demand to continue but have found it harder to access mortgage finance

According to a sentiment survey of more than 1,100 landlords conducted by Your Move and Reeds Rains,  landlords estimate that rents will increase by 1.8% in the next twelve months which is lower than the...




MPs urge caution over introduction of revenge eviction legislation

MPs urge caution over introduction of revenge eviction legislation

The All-Party Parliamentary Group for the Private Rented Sector has warned the Government not to resurrect plans to ban “revenge evictions” until it has done its homework. The group says that it heard a...




Rent up 8.3pc in November

Rent up 8.3pc in November

Nine out of 12 UK regions have recorded higher rental prices in November 2014 compared to the same month last year, even accounting for a 0.6% decrease in UK average rental prices since October...




Government gives go ahead for £3.5bn private rented homes deal

Government gives go ahead for £3.5bn private rented homes deal

The UK housing minister Brandon Lewis has signed off on a new deal unlocking £3.5bn in funding to help build homes in the private rented sector. The scheme enables landlords of new, rented homes...