Tag: Rental market

Government urged to deliver Budget tax relief for landlords

Author: Property118.com Landlord News Team

18th October 2024, 2 years ago | 0

Organisations representing landlords and agents have issued a plea to the Chancellor Rachel Reeves for urgent tax breaks to help...

Annual rents rise by 8.4% – and house prices grow by 2.8%

Author: Property118.com Landlord News Team

17th October 2024, 2 years ago | 0

Rents in the private rented sector (PRS) rose by 8.4% in the 12 months to September, official data reveals. The...

PRS crisis looms as Renters’ Rights Bill deters landlords

Author: Property118.com Landlord News Team

11th October 2024, 2 years ago | 1

The UK’s private rented sector (PRS) is set to face further strain in 2024 as the Renters’ Rights Bill deters...

Renters’ Rights Bill passes second reading

Author: Property118.com Landlord News Team

10th October 2024, 2 years ago | 29

The Renters’ Rights Bill has passed its second reading in Parliament with Angela Rayner promising to reform the rental sector....

Tenant demand skyrockets as house prices rise after decline

Author: Property118.com Landlord News Team

10th October 2024, 2 years ago | 1

Tenant demand continues to soar as house prices rise for the first time in two years, according to the latest...

Labour slammed for treating all landlords as ‘exploiters’

Author: Property118.com Landlord News Team

9th October 2024, 2 years ago | 7

The Renters’ Rights Bill will “wreck the rental market and drive up rents” warns Kemi Badenoch. In a letter to...

Industry boss warns Labour’s anti-landlord stance will harm tenants

Author: Property118.com Landlord News Team

7th October 2024, 2 years ago | 7

Labour’s anti-landlord stance will hurt tenants, claims an industry boss. Purplebricks’ chief executive, Sam Mitchell, told The Telegraph that Labour’s...

Landlords fleeing the PRS as tenant struggles intensify

Author: Property118.com Landlord News Team

4th October 2024, 2 years ago | 4

Landlords are increasingly exiting the private rented sector (PRS), and tenants are facing rising rents, a new report reveals. The...

Why the Standard Rent-to-Rent Model Will Struggle Under the New Renters’ Rights Bill

Author: Julie Ford

30th September 2024, 2 years ago | 11

Rent2Rent has taken the rental market by storm, offering landlords a handsfree option with guaranteed rent, but has time run...

Landlords and agents increasingly pessimistic about the PRS

Author: Property118.com Landlord News Team

27th September 2024, 2 years ago | 3

New findings from the Goodlord and Vouch ‘State of the Lettings Industry Report 2024’ paint a grim picture for the...

Tenants are pressured into paying a year’s rent upfront – The DPS

Author: Property118.com Landlord News Team

27th September 2024, 2 years ago | 8

Tenants across the UK are facing increasing pressure to pay huge amounts of rent upfront to secure a property, according...

Interest rate cut boosts rental stock availability

Author: Property118.com Landlord News Team

24th September 2024, 2 years ago | 0

It’s not only homeowners and sellers feeling a sense of relief following the recent interest rate cut, but tenants have...

UK housing market picks up, but rents continue to soar

Author: Property118.com Landlord News Team

19th September 2024, 2 years ago | 1

The UK’s housing market is showing signs of recovery, according to the latest RICS residential survey for August – but...

Generation Rent blames landlords for soaring rent prices outpacing wages

Author: Property118.com Landlord News Team

19th September 2024, 2 years ago | 43

Generation Rent claims “landlords are snatching away more of renters wages” as rent prices continue to outpace wages. According to...

Rents skyrocket outside London as demand shifts to affordable regions

Author: Property118.com Landlord News Team

19th September 2024, 2 years ago | 0

Rents outside of London are skyrocketing as demand soars in regions that have traditionally been more affordable, says  agency. The...

Renters Rights Bill is closing in, and your rental property is at risk—don’t wait, act now before it’s too late

Author: Denzel Matsaudza

16th September 2024, 2 years ago | 11

My tenant’s been paying me £1,200 a month, but the market rent now is £1,500 – and with my mortgage...

Two-thirds of PRS homes need energy efficiency upgrades

Author: Property118.com Landlord News Team

13th September 2024, 2 years ago | 0

The cost to upgrade homes in the private rented sector (PRS) to meet an energy performance certificate rating of C...

Daily Telegraph wants to speak to landlords about plans for their portfolios following the Renters’ Rights Bill

Author: Property118.com Landlord News Team

10th September 2024, 2 years ago | 9

Are you a landlord who’s worried about the Renters Rights Bill? Then, Ruby Hinchliffe, money reporter for The Telegraph would...

Rent costs hit 17-month low – Barclays

Author: Property118.com Landlord News Team

6th September 2024, 2 years ago | 0

Rent and mortgage spending growth slowed to its lowest rate in 17 months in August following the Bank of England’s...

Government ‘risks rental crisis’ with landlord attacks

Author: Property118.com Landlord News Team

5th September 2024, 2 years ago | 4

The government could trigger a rental crisis if it continues its attacks on private landlords, one tax expert warns. Landlords...