Renting Property
The government is today proposing to consult on scrapping Section 21, so-called ‘no fault’, repossessions in the private rented sector in favour of improving the court system to ensure landlords can more speedily repossess properties through them in legitimate cases.
The Mayor of London, Sadiq Khan, has announced a new £10 million fund for local authorities in the capital to help them deliver more council, social rented, and other genuinely affordable homes.
Rents for new tenancies in the UK have begun to rise at a rate not seen in the market for over two years, up 3.3% in the 12 months to March 2019, the latest index shows.
The British Government has failed to prepare the rental market for Brexit with landlord warning that European Union citizens may face problems securing a home to rent.
The average rent for a property in the UK grew by 0.96% in the year to March, as slow rents in London (0.57%) continued to weigh down on otherwise resilient rental growth in the rest of the UK (1.16%), Landbay has found.
New guidance has been released on inventory report to help landlords and letting agents in the private rented sector in England ahead of the introduction of the Tenant Fees Act in June 2019.
The cost of living alone has hit 92% of income, making it far harder for single people to get a foot on the housing ladder, the latest figures from the Office for National Statistics (ONS) show.
People renting a home pay 43% less than home owners for housing costs and could see savings of £77,241.61 over a standard 25 year mortgage period, new research shows.
Nearly half of tenants in the UK claim to have suffered health problems and injury as a direct result of conditions in their home.
Advertised rents in the UK fell by 1.25% year on year in the fourth quarter of 2018 but there is considerable variation depending on location, the latest letting agent index shows.
Rogue landlords have been warned that they will face action if they rent unfit properties to students in Britain as new regulations have now come into force to give tenants more power.
Tenants now have the right to sue their landlords for cold or damp homes under new laws that have come into force.
Rents in the UK’s private rented sector increased by 1.1% in the 12 months to February 2019, up from 1.0% in January 2019, official figures show.
Renters in East London are seeing twice the growth of their West London counterparts, the latest Landbay Rental Index has found.
Rental growth in Britain nearly doubled to 1.1% in February 2019, driven by a 2.4% year on year rise in Greater London rents, according to the latest lettings index.
Pet-friendly rentals are growing in popularity, as reflected by Zoopla’s latest analysed search data from its keyword property search tool, which revealed the nation’s most sought-after features of a rental home.
More than one in three tenants in Britain say that they would happily rent long term rather than buy a home because they like the flexibility and are out off by high property prices, a new survey has found.
New research from Zoopla suggests that parking sits firmly at the top of requirements for renters – but with pet-friendly facilities a growing expectation.
All letting agents in the private rented sector in England will have to sign up to a scheme protecting both renters’ and landlords’ money under new laws by 01 April this year.
London remains by far the most expensive place in the country to rent, with average rent in the capital 114% higher than in the rest of England and Wales, fresh figures show.
