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House prices in the UK continue cooling down

House prices in the UK continue cooling down...

The UK’s house prices grew by 1.9% year-on-year in May – a slowdown from the 3.2% growth recorded in April, the Office for National Statistics (ONS) reports. The average house price was £286,000,

Mismatch between supply and demand continues in PRS

Mismatch between supply and demand continues in PRS...

Growing demand and low supply leaves renters in limbo, according to new data. The latest figures from Propertymark’s Housing Insight report reveal in June this year an average of 13 new prospective...

Co-Op Bank gets in bed with Shelter to make wild claims

Co-Op Bank gets in bed with Shelter to make wild claims...

First, it was a claim by Generation Rent that families are being evicted every 15 minutes – but now Shelter has gone one better by saying a family is evicted every EIGHT minutes in England. The charity...

Government reveals EPC cost upgrades for PRS homes

Government reveals EPC cost upgrades for PRS homes...

Energy efficiency improvement costs for some private rented sector homes could cost nearly £15,000. The English Housing Survey for 2021-2022 reveals 19% of PRS homes could cost between £10,000 and £15,000...

Landlords and councils urged to find homes for Afghan refugees

Landlords and councils urged to find homes for Afghan refugees...

Landlords in the private rented sector and local councils are being urged by the government to help house Afghan refugees who are living in hotels and costing taxpayers £1m every day. Speaking in Parliament,

Landlords urged to join the fight against cannabis farms

Landlords urged to join the fight against cannabis farms...

Police and Crime Commissioners (PCC) across the South West have united to lobby landlords and letting agents to identify and report suspected cannabis farms. The PCCs from Wiltshire, Avon and Somerset,

Landlords will ‘need inventories’ if tenants can legally keep pets

Landlords will ‘need inventories’ if tenants can legally...

Worried landlords should consider inventories as a defence should the Renters (Reform) Bill become law and tenants get a legal right to keep a pet in their home, one expert says. Daniel Evans, the chair...

Tenants challenging rent rises face HIGHER rents as a result

Tenants challenging rent rises face HIGHER rents as a result...

Renters attempting to challenge rent increases are discovering that tribunals often grant landlords even higher rents, one newspaper reveals. One newspaper investigated tenants in England who received...

Think tank predicts shock 25% drop in house prices

Think tank predicts shock 25% drop in house prices...

Rising interest rates threaten to slash the value of homes by up to 25% in the biggest drop in wealth seen since WW2, one think tank warns. A new report by the Resolution Foundation and the abrdn Financial...

Tenants face being unfairly evicted ‘every 15 minutes’ this summer – claim

Tenants face being unfairly evicted ‘every 15 minutes’...

A tenant activist group is making a wild claim that renters face being unfairly evicted from their homes this summer because of Government inaction. The claim is being made by Generation Rent which says...

Chances of renting in parts of London are ‘almost non-existent’

Chances of renting in parts of London are ‘almost non-existent’...

A report reveals that in one area of London, the chances of a renter finding somewhere to rent are ‘almost non-existent’. And with just 4% of the capital’s rental properties currently...

More than 1 million tenants will be over 65

More than 1 million tenants will be over 65...

The private rented sector (PRS) needs to prepare for more than one million tenants being over the age of 65 by 2033, a report reveals. The findings from Hamptons highlight that a major shift is underway...

Most landlords will not be selling their BTL properties

Most landlords will not be selling their BTL properties...

Most buy to let landlords (64%) say they are not planning to sell any properties in the next year, a survey has found. The data from Landbay’s quarterly survey also found that 75% of landlords with...

Landlord exodus sees homes for rent hit a 14-year low

Landlord exodus sees homes for rent hit a 14-year low...

As landlords are squeezed by rising mortgage costs and reduced income, the number of homes to rent in the UK has hit a 14-year low, the Financial Times reports. Using data from consultancy TwentyCi, the...

Landlords increasingly seek guarantors for well-paid tenants

Landlords increasingly seek guarantors for well-paid tenants...

Landlords and letting agents are increasingly asking for guarantors from renters who earn between £25,000 and £75,000, research reveals. RentTech firm Goodlord analysed 220,000 tenancies between January...

House sellers cut prices to find buyers

House sellers cut prices to find buyers...

The average asking price of new listings fell by 0.2% (-£905) in June, to £371,907 – when the market normally sees a 0% change for this time of year, data suggests. According to Rightmove, the...

Tenants warned over capital’s ‘competitive market’

Tenants warned over capital’s ‘competitive market’...

Renters are being warned that if they start looking for somewhere to rent this summer in London, they should be prepared for a busy and competitive season. That’s according to the latest data from...

Where the best yielding HMO properties are

Where the best yielding HMO properties are...

Houses in Multiple Occupation (HMOs) in Wales have emerged as the highest yielding properties in Britain, a survey reveals. According to Paragon Bank, Welsh HMOs produce an average yield of 9.01%, generated...

Stick that in your pipe Shelter!

Stick that in your pipe Shelter!

Despite what Shelter and tenant activist groups say, only a small minority (4%) of renters are evicted or asked to leave by their landlord. The English Housing Survey Private Rented Sector report for 2021-2022...

Rent prices set to soar as demand outstrips supply – RICS

Rent prices set to soar as demand outstrips supply – RICS...

The rental market is facing a serious imbalance as more tenants are looking for properties than landlords are offering. According to the latest RICS UK Residential Survey, there were 40% of respondents...

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Thursday 14th July 2011

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