Tagged: letting agents

Buy-to-let lending hits £2.5bn in September

Buy-to-let lending hits £2.5bn in September

According to data released today from CML, there were 18,100 buy-to-let loans recorded in September, which was an increase in the number of loans by 15% compared to August.  Within the overall total of buy-to-let...




2019 will see 24% of all homes privately rented prediction

2019 will see 24% of all homes privately rented prediction

A forecast from Savills predicts that there will be an additional 1.2 million households in England & Wales in the private rented sector by 2019, of which over two million private rented households will be in the 35-49...




Tenants rebuilding their financial position

Tenants rebuilding their financial position

According to LSL Property Services, tenants have rebuilt their financial position, with the total number facing serious rental arrears falling by a significant nine per cent over the last 12 months.  This means an...




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...




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...