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Sadiq Khan pledges to build 6,000 ‘affordable’ homes and bring in rent controls

Sadiq Khan pledges to build 6,000 ‘affordable’ homes...

London’s mayor, Sadiq Khan, says he is the ‘renter’s champion’ and is committing to building 6,000 ‘affordable’ homes by 2030 with rents tied to the earnings of key workers. Mr...

9:53 AM, 8th April 2024, About 3 months ago |  24

Latest ArticlesLettings & ManagementRent Prices
Rent rises to outpace wage growth despite cooling prices

Rent rises to outpace wage growth despite cooling prices...

Despite a recent cooling down in rent price growth, renters are likely to see their housing costs rise faster than their earnings in the coming years, a new report reveals. The think tank Resolution Foundation...

9:40 AM, 8th April 2024, About 3 months ago |  1

Latest ArticlesLettings & ManagementRent Prices
Labour’s PRS review nears completion – ‘bold’ solutions promised

Labour’s PRS review nears completion – ‘bold’...

A comprehensive review of the private rented sector (PRS) which was commissioned by Labour, is nearing its conclusion, the website LabourList reveals. The review is expected to be published soon after...

8:57 AM, 8th April 2024, About 3 months ago |  3

Latest ArticlesLettings & Management
Renters are spending nearly 40% of their wages on rent

Renters are spending nearly 40% of their wages on rent...

The average UK tenant is spending nearly 38.3% of their monthly income on rent which means many will be teetering on the edge of affordability, research reveals. Financial experts generally advise keeping...

0:07 AM, 8th April 2024, About 3 months ago |  7

Latest ArticlesLettings & ManagementProperty Investment NewsRent Prices
Council keeps housing waiting list open amidst housing crisis

Council keeps housing waiting list open amidst housing crisis...

One of England’s largest councils announces it will not close its social housing waiting list. Birmingham City Council considered the option of closing its social housing list to new applicants in February...

0:02 AM, 8th April 2024, About 3 months ago |  3

Landlord NewsLatest ArticlesProperty News
UK house price growth slows after five months of rises

UK house price growth slows after five months of rises...

UK house prices continued to rise year-on-year in March, although the pace of growth slowed compared to the previous month, Halifax reveals. Its house price index shows that annual property price growth...

9:18 AM, 5th April 2024, About 3 months ago |  0

House PricesLatest ArticlesProperty Market News
BTL landlords are shrinking portfolios despite rising rents

BTL landlords are shrinking portfolios despite rising rents...

Buy to let investors in England and Wales are reducing the size of their portfolios, despite healthy rental income growth, research reveals. According to Open Property Group, which analysed data on portfolio...

0:07 AM, 5th April 2024, About 3 months ago |  33

Buy to Let NewsLatest ArticlesLettings & ManagementProperty Investment News
Rents in England have risen by 28% since 2020

Rents in England have risen by 28% since 2020...

Rents in England continued their upward annual climb in March and while month-on-month prices remained flat, they rose 6.4% compared to March 2023, Goodlord reveals. The firm’s latest rental index...

0:06 AM, 5th April 2024, About 3 months ago |  1

Latest ArticlesLettings & ManagementRent Prices
BTL lending slumps amid rising costs for landlords

BTL lending slumps amid rising costs for landlords...

The UK’s buy to let market is experiencing a significant slowdown, with a sharp decline in new lending and increasing financial pressures on landlords, according to the latest quarterly data. UK...

0:04 AM, 5th April 2024, About 3 months ago |  0

BTL mortgagesBuy to Let NewsLatest ArticlesLettings & ManagementProperty Investment News
Fears of landlord exodus over stricter laws are ‘overblown’ – SMF

Fears of landlord exodus over stricter laws are ‘overblown’...

Stricter regulations of landlords, including ending Section 21 ‘no-fault’ evictions, wouldn’t lead to a shortage of rental properties, one think tank says. New research from the Social...

0:03 AM, 5th April 2024, About 3 months ago |  14

Latest ArticlesLettings & ManagementRenters Reform Bill
Landlords prioritise energy efficiency despite government policy changes

Landlords prioritise energy efficiency despite government policy...

Landlords are now prioritising energy efficiency when purchasing a new investment property, according to new research. Data from The Mortgage Lender, reveals a quarter of landlords (25%) are now placing...

0:02 AM, 5th April 2024, About 3 months ago |  10

EPCLandlord NewsLatest ArticlesProperty News
Rental market under strain as demand outpaces supply

Rental market under strain as demand outpaces supply...

A new report reveals demand consistently outstripping supply in the rental market, leading many landlords to sell as their mortgage deals end. According to the latest figures from Propertymark’s Housing...

0:01 AM, 5th April 2024, About 3 months ago |  5

Landlord NewsLatest ArticlesProperty Market NewsProperty NewsPropertymark
Universal Credit claimants face housing affordability crisis despite benefit increase

Universal Credit claimants face housing affordability crisis...

Universal Credit claimants face a severe shortage of affordable rental properties, with a recent rise in housing benefit failing to keep pace with soaring rents. While Local Housing Allowance (LHA) will...

8:53 AM, 4th April 2024, About 3 months ago |  4

Latest ArticlesLettings & Management
Housing crisis emerges as top priority in new poll

Housing crisis emerges as top priority in new poll...

The housing crisis takes the lead as the most crucial issue for Generation Rent, according to a new poll. A survey by flatshare website SpareRoom reveals the top seven election issues for renters with...

8:53 AM, 4th April 2024, About 3 months ago |  6

Landlord NewsLatest ArticlesProperty Market NewsProperty News
Rent squeeze forces single tenants to share

Rent squeeze forces single tenants to share...

Single renters are feeling the pinch of rising rents more than ever with the percentage of people choosing to live alone dropping by 8% over the past three years. The research from deposit alternative...

8:52 AM, 4th April 2024, About 3 months ago |  10

Latest ArticlesLettings & ManagementRent Prices
Top postcodes for buy to let investors revealed

Top postcodes for buy to let investors revealed...

The best postcodes in Britain for buy to let investors seeking high rental yields have been revealed in a new study. According to Lomond, the estate and letting agency group, its research has found the...

8:49 AM, 4th April 2024, About 3 months ago |  4

Buy to Let NewsBuy to Let Property HotspotsLatest ArticlesProperty Investment News
Doubt cast on selective licensing’s impact on housing standards

Doubt cast on selective licensing’s impact on housing standards...

The effectiveness of selective licensing in improving housing standards is brought into question by a new report. The findings by PRS compliance company Yuno compare costly licensing schemes against the...

9:39 AM, 3rd April 2024, About 3 months ago |  2

Landlord NewsLatest ArticlesSelective Licensing
‘Landlords have nothing to fear’ from Scotland’s rent controls plan

‘Landlords have nothing to fear’ from Scotland’s...

The Scottish Greens co-leader Patrick Harvie has defended the government’s new Housing Bill, which includes plans for rent control areas. He reassured landlords offering fair-priced, high-quality...

0:04 AM, 3rd April 2024, About 4 months ago |  19

Latest ArticlesLettings & ManagementScotland
Government urged to stop ‘grandstanding’ and help landlords

Government urged to stop ‘grandstanding’ and help...

There needs to be a shift in government policy to stop ‘grandstanding’ and recognise landlords’ rental income as business income for tax purposes, one firm warns. The call comes from...

0:03 AM, 3rd April 2024, About 4 months ago |  5

Latest ArticlesLettings & ManagementRent PricesSection 24
Buy to let profits dip despite rising rents

Buy to let profits dip despite rising rents...

Landlords have seen a 6% drop in the average buy to let property’s total return over the past two years as costs rise, research reveals. Octane Capital says the profits fall is down to rising mortgage...

0:01 AM, 3rd April 2024, About 4 months ago |  1

Latest ArticlesLettings & ManagementProperty Investment News

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