Category: Property Industry News

Can society afford the rental boom?

Can society afford the rental boom?

With the shift away from home ownership continuing apace, Strategic Society Centre director James Lloyd asks if the country can afford to become a nation of renters. Consider this: when today’s twenty-somethings reach retirement...




Long-term renting: a new challenge for the mortgage industry

Long-term renting: a new challenge for the mortgage industry

The increasing popularity of buy-to-let property investment doesn’t look set to wane any time soon. Figures from the Council of Mortgage Lenders show that in the first quarter of 2013 buy-to-let lending accounted for...




ARLA: Landlords shift from long-term to short term investors

ARLA: Landlords shift from long-term to short term investors

The buy-to-let market has shifted from long-term investors to novice landlords who view property as a short-term investment, says the Association of Residential Lettings Agents. In its report YouGov SixthSense Buy-to-let: Landlords and Mortgages,...




July round up of the Private Rented Sector

July round up of the Private Rented Sector

The exceptional weather we have enjoyed during July may be coming to an end, however the momentum on discussing potential regulation of the lettings sector has not cooled.




First deal announced under UK Build to Rent scheme

First deal announced under UK Build to Rent scheme

UK Housing Minister Mark Prisk has today (Thursday 24 July) announced the first deal under the government’s £1 billion Build to Rent scheme. A Southampton quayside development is the first to benefit from the...




Public do not understand why letting agents are not regulated, MPs told

Public do not understand why letting agents are not regulated, MPs told

MPs have been told of tenants’ bewilderment when they go into an estate agent to find that staff selling houses on one side of the office are regulated, and their colleagues who are letting...




Letting agents must be regulated, says CLG Select Committee

Letting agents must be regulated, says CLG Select Committee

Letting agents could, finally, be regulated and would all be forced to have Client Money Protection insurance. This morning, a powerful cross-party group of MPs pulled no punches in calling for action to curb...




74% of landlords say selective licensing will deter new entrants

74% of landlords say selective licensing will deter new entrants

A poll of landlords by Paragon Mortgages has found 74 per cent think selective licensing will deter new landlords if it is ever introduced nationally. Landlords were asked for their views on selective licensing...




Former coalition minister slams govt’s landlord immigration plans

Former coalition minister slams govt’s landlord immigration plans

An MP and former minister has branded plans forcing landlords to verify their tenant’s immigration status ‘unworkable’. Former minister for children and families and Liberal Democrat MP Sarah Teather told The Guardian expecting private individuals to...




‘Landlords have unrealistic expectations of property returns’ claims new report

‘Landlords have unrealistic expectations of property returns’ claims new report

Returns from buy-to-let are in long-term decline, says Richard Dyson. Landlords have unrealistic expectations of property returns and are failing to consider the effects of a range of costs, a new report has shown....