The Renters (Reform) Bill, designed to shake up the private rental sector (PRS) in England, is nearing a key stage in its passage through Parliament. It is scheduled for its report stage and third reading next Wednesday (April 24), but the Bill has already undergone significant changes. Originally introduced to fulfil a Conservative manifesto pledge, the Bill will see the abolition of Section 21 'no-fault' evictions. Landlords will still be able to repossess properties but

Scottish private sector rents have risen at a rate in line with inflation over the last nine years, according to a new analysis. The data from letting agents DJ Alexander shows rents increased by 40.7% between January 2015 and February 2024. However, inflation rose by 32.25% over the same period, resulting in a net increase of just 8.45% - or an average annual rise of 0.94%. This comes despite the introduction of rent cap legislation in October 2022 - legislation which the

Three leading buy to let lenders in the UK are offering rate cuts, faster remortgages, and simpler valuations to help landlords navigate the current market. Landlords looking for specialist buy to let mortgages can now access cheaper deals from Shawbrook. The lender has announced a range of reductions on its complex BTL products, with some rates dropping by as much as 0.3%. The cuts apply to loans between £1 million and £5 million. Fixed-rate mortgages for both five and