The decision of property developer Berkeley Group to enter the private rental sector is bad news for tenants, it’s claimed. Berkeley plans...
Archive
![Tenants skip food and heat to pay rent, claims industry group](/upload/images/shutterstock_2051940527.jpg)
The Deposit Protection Service's charitable foundation claims that a significant proportion of tenants who have recently moved are cutting back on...
21 June 2024
From: Breaking News
![Jitters: Reform Bill failure and July Election hit lettings market](/upload/images/shutterstock_250676278(1).jpg)
Knight Frank is suggesting that a growing degree of uncertainty is hitting the rental market, particularly the high-end sector in the...
12 June 2024
From: Breaking News
![Agents Distinctly Underwhelmed by Tories’ manifesto pledges](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews2-400x310.png)
Agents, and others in the lettings industry, have given a sceptical response to the Conservative manifesto and its varied pledges about...
12 June 2024
From: Breaking News
![Agent pleads with landlords to believe in buy to let](/upload/images/Shutterstock-only%20images/Rental%20Market/Buy-to-let-2-400x310.png)
The director of a London lettings agency says buy to let landlords are entitled to feel downtrodden but claims it’s still...
07 June 2024
From: Breaking News
![Tenants rent for longer according to latest government survey](/upload/images/Shutterstock-only%20images/Rental%20Market/Over55Tenant-400x310.png)
Tenants today spend 12% longer in the same property before switching, than they did a decade ago. Analysis of the English Housing...
05 June 2024
From: Breaking News
![Tenants Renewing on Existing Contracts hit with high rent rises - new data](/upload/images/shutterstock_150297281.jpg)
Tenants renewing an existing contracts have been faced with high rent rises according to Hamptons lettings agency. It says they rose 8.3%...
21 May 2024
From: Breaking News
![Most homes cheaper to rent than buy, even with large deposit](/upload/images/Shutterstock-only%20images/Rental%20Market/BuyRent-400x310.png)
A third of homes currently for sale can be bought with a mortgage and monthly repayments that cost less than the...
20 May 2024
From: Breaking News
![Demand slows as agents warn about unsustainable rent rises](/upload/images/Shutterstock-only%20images/Property%20Market/2_MortgageCalculated.png)
The latest market report from Propertymark’s lettings agents suggests the demand is slowing. The latest data - for March - shows that...
03 May 2024
From: Breaking News
![50,000 new rental homes needed to meet historic demand - Rightmove](/upload/images/Shutterstock-only%20images/Rental%20Market/_RentalHousingUK-400x310.png)
Rightmove says there are still nearly 50,000 rental properties needed to head back to the pre-pandemic level of rental supply. The latest...
30 April 2024
From: Breaking News
![Almost No Reduction in Buy To Let Supply, insists think tank](/upload/images/Shutterstock-only%20images/Rental%20Market/Buy-to-let-2-400x310.png)
There’s been at most a one per cent reduction in landlords in the buy to let sector, a think tank claims...
08 April 2024
From: Breaking News
![Working from home triggers higher rents in outer commuter areas](/upload/images/Shutterstock-only%20images/Property%20Market/shutterstock_1708606831.jpg)
Towns within commuting distance of big cities have seen some of the UK’s largest rent rises in recent years, says Zoopla. The...
06 March 2024
From: Breaking News
![Student rental income soars as supply lags behind demand](/upload/images/shutterstock_385347088.jpg)
Corporate student accommodation provider Unite Group has reported a big jump in earnings on the back of a shortage of lets...
28 February 2024
From: Breaking News
![Union slams Bank decision as workers face high rents](/upload/images/shutterstock_651677062.jpg)
A trades union has slammed the Bank of England over its decision to keep base rate at 5.25 per cent, saying...
02 February 2024
From: Breaking News
![Expensive rental eco-heat scheme needs rethink - top agent](/upload/images/Shutterstock-only%20images/Energy%20and%20Green%20Homes/Energy_EfficientHome-400x310.png)
A consultation to introduce boilers into homes and the private rented sector needs ‘more carrot than stick’ according to a prominent...
07 December 2023
From: Breaking News
![Renters Reform Bill - Agents urged to lobby MPs with amendments](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews-400x310.png)
A prominent industry supplier is urging agents and landlords to lobby MPs to suggest improvements to the Renters Reform Bill. PayProp UK...
21 September 2023
From: Breaking News
![Revealed - First rental market forecast for 2024](/upload/images/Shutterstock-only%20images/Property%20Market/Forecast-400x310.png)
Zoopla has issued the first major private rental sector market forecast for 2024. Rental growth this year is on track to end...
15 September 2023
From: Breaking News
![More tenants struggling to pay rent - government figures](/upload/images/shutterstock_424330099.jpg)
More people are struggling to pay their rent according to a new government survey. The study, by the Office for National Statistics,...
12 September 2023
From: Breaking News
![Why do politicians pursue failed policy of rent controls? - agent asks](/upload/images/shutterstock_2239146247.jpg)
Private rents have continued to soar in Scotland according to DJ Alexander, the largest lettings agency in the country. It says rental...
11 September 2023
From: Breaking News
![Epic Fail - rents go UP in Scotland, despite government rent controls](/upload/images/Rental%20Market/New%20Rental%20Index-400x310.png)
Average rents in Scotland for new tenancies in the private rented sector have risen by double digits for the third time...
21 August 2023
From: Breaking News
![Economists tell government - rental reform will backfire](/upload/images/Rental%20Market/LandlordStressed-400x310.png)
A prominent group of economists has predicted the measures in the Renters Reform Bill will backfire on the government. Matthew Lesh, Director...
17 May 2023
From: Breaking News
![Labour supports rent controls - and opposes them](/upload/images/Shutterstock-only%20images/Rental%20Market/Rent_Freeze-400x310.png)
Senior Labour figures have come out with sharply opposing views on whether the party backs rent controls. Shabana Mahmood, a senior MP...
04 May 2023
From: Breaking News
![Sinking mortgage approvals suggest fewer moving out of rentals](/upload/images/Shutterstock-only%20images/Property%20Market/remortgage_400x310.png)
The number of mortgage approvals for house purchases in November came to 46,075 according to the Bank of England. The 46,075 figure...
05 January 2023
From: Breaking News
![Gove told of agents’ worries about rash of council licensing schemes](/upload/images/Shutterstock-only%20images/Property%20Market/_licensing1-400x310.png)
Propertymark has written to Housing Secretary Michael Gove outlining its concerns about the latest licensing scheme proposal from a local council. The...
04 January 2023
From: Breaking News
![Rents stalling in London as market cools slightly - Foxtons](/upload/images/Shutterstock-only%20images/Flags%20%26%20Locations/London1-400x310.png)
Foxtons says London’s market is finally cooling - at least a little - for the Christmas period. November followed the seasonal downward...
22 December 2022
From: Breaking News
![Activists blame letting agents for pushing up rents](/upload/images/Logos/generation-rent400x310.png)
Activist groups which previously focussed much of their fire on landlords are now attacking letting agents, accusing them of encouraging higher...
20 December 2022
From: Breaking News
![Rent Controls Fail Worldwide - agent lists disastrous consequences](/upload/images/Shutterstock-only%20images/Rental%20Market/Rent_Freeze1-400x310.png)
A lettings agency chief has listed how rent controls have failed across the world. Writing in The Scotsman, David Alexander - chief...
14 November 2022
From: Breaking News
![Foxtons new CEO enjoying strong start to honeymoon period](/upload/images/Shutterstock-only%20images/Property%20Market/AgentsWorking-400x310.png)
Famous London agency Foxtons has enjoyed a shares boost on the back of a 25 per cent spike in revenue in...
28 October 2022
From: Breaking News
![Floorplan firm claims higher rents for listings with its plans](/upload/images/Housing%20Market%20%26%20Property%20Images/BuildingPapersPlans-400x310.jpg)
A floorplan supplier to the agency industry claims such plans lead to higher rents for comparable properties. However, the sample used by...
26 July 2022
From: Breaking News
![PropTech allows agency to claim it offers “unique service” to landlords](/upload/images/PropTech%20%26%20Online/VirtualViewing-Tablet-400x310.jpg)
A prominent letting agency on the south coast of England, Mishon Mackay, says PropTech is allowing it to offer a unique...
26 May 2022
From: Breaking News
![Soaring rents, Bidding wars, Supply drought - the market today](/upload/images/Rental%20Market/New%20Rental%20Index-400x310.png)
A senior lettings chief says the supply drought is making the rental market as overheated now as at any time in...
18 May 2022
From: Breaking News
![Rent controls ineffective as tool to reduce homelessness](/upload/images/Housing%20Market%20%26%20Property%20Images/Homeless-1-400x310.jpg)
Propertymark has dismissed suggestions from critics of the lettings industry that higher rents are leading to more homelessness. The trade body says...
03 May 2022
From: Breaking News
![EPC rental upgrade costs could be much higher - warning](/upload/images/Energy%20and%20Green%20Homes/EPCRating-400x310.png)
The costs of upgrading properties to meet new energy efficiency standards are likely to be passed on to tenants via higher...
15 March 2022
From: Breaking News
![Stock shortage to worsen unless massive rental targets are met](/upload/images/Rental%20Market/New%20Rental%20Index-400x310.png)
New research commissioned by the landlords’ trade body shows that the UK needs almost 230,000 new private rented homes a year...
18 February 2022
From: Breaking News
![Agency wants incentives for long term lets over Airbnb-style lets](/upload/images/Logos/airbnb-logo400x310.png)
A leading lettings agency wants next week’s Budget to unveil incentives to bolster supply in the long term rental sector. Richard Davies,...
22 October 2021
From: Breaking News
![Rent Controls: Agents join protest against Labour proposals](/img/default/lat.png)
Letting agents body ARLA Propertymark has joined the criticism of London Mayor Sadiq Khan who wants to be given the power...
12 April 2021
From: Breaking News
![Airbnbs and Holiday Homes should not have tax perks denied to Buy To Let](/img/default/lat.png)
A call has gone out for the longer-term buy to let rental sector to have a similar tax regime as the largely-unregulated...
05 February 2021
From: Breaking News
![2021 could be a good year for the rental market after all, says agent](/img/default/lat.png)
The next 12 months could be a surprisingly good year for the private rental sector despite some obvious challenges, according to...
04 January 2021
From: Breaking News
The Tenant Fees Act 2019’s 12-month transition period came to an end on 31 May, prohibiting various payments and charges that...
16 December 2020
From: Sponsored Content
![Higher rents near London high streets - but for how long?](/img/default/lat.png)
Rents are higher for Londoners living near busy high streets - for the moment at least. Research by rental platform Spotahome has...
01 September 2020
From: Breaking News
![Lockdown could mean higher rents, claims new research](/img/default/lat.png)
New research claims to show that the lockdown could end up with higher rents as demand in the lettings sector outstrips...
04 May 2020
From: Breaking News
![Agents tell government - scrap SDLT surcharge and reverse tax changes!](/img/default/lat.png)
The Association of Residential Letting Agents has made an uncompromising set of demands on the government, asking it to implement a...
13 February 2020
From: Breaking News
![Short lets like Airbnb out of control and activists want crackdown](/img/default/lat.png)
Generation Rent - an outspoken organisation sharply critical of lettings agents and many aspects of the private rental sector - is...
06 February 2020
From: Breaking News
![Shock as 500,000 rental homes lost to Airbnb and others](/img/default/lat.png)
Nearly half a million properties could be removed from the long-term lettings market as disenchanted landlords move to short-lets. A survey by...
31 January 2020
From: Breaking News
![Big drop in homes on lettings market, reports Zoopla](/img/default/lat.png)
New investment in private rented housing has fallen since 2016 as some private landlords have dipped out of the sector in...
22 January 2020
From: Breaking News
![Rents to rise in 2020 as supply contracts still further - ARLA](/img/default/lat.png)
An overwhelming proportion of letting agents - 84 per cent - say rents will rise next year, well up on the...
23 December 2019
From: Breaking News
![Labour council reveals huge rises in landlord licensing charges](/img/default/lat.png)
There’s been a steep rise in the costs of landlord joining a compulsory licensing scheme operated by Labour-controlled Nottingham city council. The...
25 November 2019
From: Breaking News
![Tenant activists demand rent controls and Section 21 scrapped](/img/default/lat.png)
A collective of activist renter groups has set out a manifesto of what it wants from the winner of next month’s...
04 November 2019
From: Breaking News
![Fees ban: Rent rises reach record high for fourth consecutive month](/img/default/lat.png)
The number of tenants experiencing rent rises following the introduction of the Tenant Fees Act continued its upward curve in August. The...
02 October 2019
From: Breaking News
![Rent rises kick in as ‘scale and speed’ of fees ban hits home](/img/default/lat.png)
There is increasing evidence of the so-called unintended consequences of the tenant fee ban according to a major regional lettings agency. Linley &...
09 September 2019
From: Breaking News
![Note to Tory leadership duo: help the lettings industry!](/img/default/lat.png)
A leading trade body is urging the candidates to lead the Conservative Party to adopt a more positive approach to the...
01 July 2019
From: Breaking News
![Trade body hits out over 'high rents for Millennials' claim](/img/default/lat.png)
A trade body has hit out at government policy following a think tank’s claims that young people are less mobile because of...
07 June 2019
From: Breaking News
![Fees Ban: tenants with pets could see 4% rent rise, warns agent](/img/default/lat.png)
The JLL lettings agency is warning that the five week deposit cap enshrined in the Tenant Fees Act is likely to...
19 March 2019
From: Breaking News
![Shock warning that quarter of landlords considering stopping using agents](/img/default/lat.png)
More than a third of landlords are looking to cut their annual spending - and many of them are considering ending...
08 March 2019
From: Breaking News
![Average rents up 1.8% across England and Wales in 2018](/img/default/lat.png)
The latest rental market snapshot from YourMove suggests that typical rents rose 1.8 per cent across England and Wales in the...
30 January 2019
From: Breaking News
!['Expose rogue tenants too' demands agent starting anti-licensing petition](/img/default/lat.png)
The head of a lettings agency has launched a petition in opposition to a bid by a local council to extend...
27 November 2018
From: Breaking News
![Lettings league table claims London rents up 17% in six years](/img/default/lat.png)
Figures drawn up for the London region of the GMB union claim that across the capital’s 33 boroughs private rents have...
07 November 2018
From: Breaking News
![Plummeting lettings supply means higher rents for London tenants](/img/default/lat.png)
The number of available properties to rent is falling at an alarming rate, particularly in Greater London, according to property platform...
24 September 2018
From: Breaking News
![Online agent tells MPs: 'Fees ban OK in principle and won't raise rents'](/img/default/lat.png)
The chief of what is described as Britain’s largest lettings agency has told an influential group of MPs that the proposed...
07 June 2018
From: Breaking News
![Tax changes 'level the playing field' - government responds to BTL petition](/img/default/lat.png)
The government has responded to a petition calling for it to abolish the 3% stamp duty surcharge and reintroduce full buy-to-let...
29 May 2018
From: Breaking News
![Government probe into deposit-alternatives welcomed by campaigner](/img/default/lat.png)
A prominent campaigner for alternatives to traditional rental sector deposits is welcoming the government’s commitment to consider the issue in the...
15 May 2018
From: Breaking News
![Furious industry criticism as government reveals costs of ban on tenants’ fees](/img/default/lat.png)
The industry has reacted angrily to the announcement yesterday that the Tenants’ Fees Bill is now formally starting its progress through...
03 May 2018
From: Breaking News
![Rental market analysis: what is the outlook for 2018?](/img/default/lat.png)
A range of factors - including fierce competition under the supplied housing market, rising property prices and political uncertainty – have...
08 February 2018
From: Sponsored Content
![Rents rise a tiny 0.56 per cent in 12 months, says buy to let lender](/img/default/lat.png)
UK rents grew by a tiny 0.56 per cent in 2017 according to specialist lender Landbay. However, in a special exercise, the...
08 January 2018
From: Breaking News
![PropTech firm joins call for rent payments to count in credit scores](/img/default/lat.png)
Automated rental payment provider PayProp has joined the call for private rent payments to be counted towards tenants’ credit scores in...
04 January 2018
From: Breaking News
![Letting Fees: Ban will not cut cost of renting, insists trade body](/img/default/lat.png)
Government proposals to ban letting agent fees levied on tenants next year are unlikely to make renting cheaper as new research...
28 December 2017
From: Breaking News
![Rents still rising but rate of growth slows significantly](/img/default/lat.png)
Average rents across the UK rose a modest 0.9 per cent in the year to October, taking the country's average to...
09 November 2017
From: Breaking News
![Family-run agency threatened by fees ban turns to PropTech](/img/default/lat.png)
A family-run lettings agency says its viability is seriously threatened by the likely fees ban to be introduced in 2018 -...
01 November 2017
From: Breaking News
![New rent rises 'could be landlords passing on charges' says HomeLet](/img/default/lat.png)
Rents in the UK rose by an average of 2.1 per cent during September according to HomeLet. HomeLet says last month’s rise continues...
10 October 2017
From: Breaking News
![Rents on the rise again after recent falls, says HomeLet](/img/default/lat.png)
Rents are gently rising again after some months of small dips according to HomeLet. It says the average new tenancy signed during...
07 August 2017
From: Breaking News
![Why Landlords Still Need Letting Agents Despite Changing Regulations](/img/default/lat.png)
With a host of changing regulations hitting the private rental sector, some landlords may be put off using letting agents, but...
20 July 2017
From: Sponsored Content
![Rents across much of UK dip for second successive month](/img/default/lat.png)
Rents fell in June by 0.3 per cent when compared to the same time last year, the second successive month in...
05 July 2017
From: Breaking News
![Industry pours scorn and derision on fees ban consultation](/img/default/lat.png)
The government’s formal consultation on its proposed ban for fees levied on tenants by agents has been greeted with derision and...
10 April 2017
From: Breaking News
![Trade body asks government to give reasons for incoming tax changes](/img/default/lat.png)
The Residential Landlords Association (RLA) is writing to the Office for Budget Responsibility asking it to provide clarification on controversial tax...
07 March 2017
From: Breaking News
![2017 will see fewer homes to let and higher rents, claims ARLA](/img/default/lat.png)
Members of the Association of Residential Letting Agents predict a fall in the number of homes being available to let next...
07 December 2016
From: Breaking News
![Fees ban: Industry bodies dismayed after failing to convince Hammond](/img/default/lat.png)
Industry groups have warned that the government’s ban on letting agency fees levied on tenants in England will backfire, with most...
24 November 2016
From: Breaking News
![Confirmed - government WILL ban letting agents' fees on tenants](/img/default/lat.png)
The government will today announce that it is banning letting agents’ fees levied on tenants - meaning the fees will instead...
23 November 2016
From: Breaking News
![Agency condemns city licensing scheme as simply a landlord tax](/img/default/lat.png)
One the leading letting agencies in Brighton has sharply criticised a proposal by the local council to introduce a selective licensing...
18 November 2016
From: Breaking News
![Minimum room sizes could backfire and produce higher rents](/img/default/lat.png)
The Association of Residential Letting Agents is warning that proposals to enforce minimum room sizes in HMOs in the privste rental...
31 October 2016
From: Breaking News
![Credit crunch 'best thing that could have happened to lettings'](/img/default/lat.png)
The financial downturn was “probably the best thing that could have happened” to this country’s private rental sector according to lettings...
13 October 2016
From: Breaking News
![Letting agency provokes criticism by promising higher rents for landlords](/img/default/lat.png)
A letting agency has been criticised by local students after sending a touting letter to landlords saying it could increase rents...
18 March 2016
From: Breaking News
![Do female tenants haggle less? And are letting agents sexist?](/img/default/lat.png)
A tenant who describes herself as “a seasoned renter” says women may end up paying higher rents than men for similar...
29 February 2016
From: Breaking News
![Lenders tell government: buy to let reforms may be overkill](/img/default/lat.png)
The three per cent stamp duty surcharge proposed for purchases of buy to let and holiday homes risks being seen as...
01 February 2016
From: Breaking News
![Rents up 3.4% in 2015 but yields dip as a result of capital appreciation](/img/default/lat.png)
Rents across England and Wales rose by an average of 3.4 per cent in 2015 - the fastest annual growth rate...
22 January 2016
From: Breaking News
![Average home let within 20 days as rent rises go on - Countrywide](/img/default/lat.png)
Britain's largest letting agency says rents grew by an average of 3.1 per cent in 2015, taking the average monthly rent...
18 January 2016
From: Breaking News
![Inventory clerks urge caution on allowing tenants to decorate homes](/img/default/lat.png)
Tenants should not be coerced into paying higher rents to redecorate their landlords’ property according to the Association of Independent Inventory...
03 December 2015
From: Breaking News
![Landlords' tax sell-off will reduce London rental supply](/img/default/lat.png)
Franchise letting agency giant Winkworth is warning that London’s tenants face higher rents as some landlords sell investment properties in the...
13 November 2015
From: Breaking News
![Councils told new law renders local licensing schemes redundant](/img/default/lat.png)
Local councils are being urged to drop landlord licensing schemes following the publication of new laws showing that they are not...
15 October 2015
From: Breaking News
![Buy to let gurus claim 25 tenants vying for one property to let](/img/default/lat.png)
Two of Britain's most controversial landlords, Fergus and Judith Wilson, claim demand from prospective tenants is at a record high with...
01 October 2015
From: Breaking News
![Britain's biggest landlord raises rent 33% - and blames Osborne](/img/default/lat.png)
The country’s biggest buy to let landlord is to raise rents by up to 33 per cent, and puts the blame...
14 September 2015
From: Breaking News
![Tenants fear that tax break costs mean higher rents](/img/default/lat.png)
A survey suggests that renters are worried that landlords who have to pay more tax as a result of changes in...
05 August 2015
From: Breaking News
![Survey confirms buy to let tax clampdown will raise rents](/img/default/lat.png)
A survey for a lettings organisation has confirmed the belief that the government’s removal of tax breaks on landlords will almost...
22 July 2015
From: Breaking News
![Agents unhappy at Osborne's Buy To Let tax blow](/img/default/lat.png)
Agents have expressed their disappointment at the decision by the government to restrict mortgage interest relief for Buy To let investors...
09 July 2015
From: Breaking News
![Buy To Let tax blow delivered by Osborne](/img/default/lat.png)
Chancellor George Osborne has announced that mortgage interest tax relief for buy-to-let homebuyers are to be restricted to basic rate of...
08 July 2015
From: Breaking News
![Rent rises will be capped at inflation level says Labour hopeful](/img/default/lat.png)
One of five people vying for selection as Labour’s candidate in the 2016 London Mayoral election says private sector rents can...