Tagged: Rent

New Section 21 regulations to come into effect on 1st October

New Section 21 regulations to come into effect on 1st October

Despite a hitch in drafting the legislation, the government has confirmed that its new Section 21 regulations will come into effect on 1st October. It is therefore likely, that from this date, at the...




Steady growth expected for PRS market

Steady growth expected for PRS market

A recent report from Paragon Mortgages indicates that steady growth can be expected in the Private Rented Sector. The analysis is based on key factors such as yields, void periods and tenant demand. The...




Only 40% of rooms available for students

Only 40% of rooms available for students

New data from SpareRoom has revealed that just 40% of rooms in existing house and flat shares in the UK’s university top 25 cities are available to students, because some landlords are unwilling to...




Pace of rent rises slows but for how long?

Pace of rent rises slows but for how long?

The latest findings from the HomeLet Rental Index show that the average UK rent on new tenancies increased by 1.6 per cent in the three months to August 2015, compared to a rise of 2.2...




50% increase in evictions over past 4 years

50% increase in evictions over past 4 years

According to figures published by the Ministry of Justice in August 2015, 0ver 43,000 households in rented housing in England and Wales were evicted by county court bailiffs in the 12 months to June, representing...




Average rents exceed £800 for the first time in England and Wales

Average rents exceed £800 for the first time in England and Wales

According to new data from the latest buy-to-let index from Your Move and Reeds Rains, rents in England and Wales rose by 1.9% in July to £804. This represents the fastest month on month...




Buy-to-let landlords given hope over tax reforms

Buy-to-let landlords given hope over tax reforms

The Summer Budget in the UK included an announcement that interest relief would be limited to the basic rate of tax. This measure will be gradually introduced between April 2017 and April 2020. The...




Misinformation being spread in relation to new licensing system

Misinformation being spread in relation to new licensing system

From autumn 2015 all private landlords who rent out accommodation in Wales will be required to register with Rent Smart Wales under part 1 of the Housing (Wales) Act 2014. In addition, those agents...




Landlords may struggle to secure finance

Landlords may struggle to secure finance

New research has found that despite the availability of 900 buy-to-let products, lack of finance is hindering almost a quarter of landlords in the UK. Research by online letting agent Property Let By Us...