MPs concern at lack of protection in lettings
More than 60 MPs have now signed an Early Day Motion (EDM) which highlights their concern at the Government’s decision to abandon the plans for a national register for landlords and further regulation of the private rented sector (PRS).
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Tenant demand for private rented sector property continues to grow
Nearly three times as many landlords reported that tenant demand was rising rather than falling during the second quarter of the year, Paragon Mortgages’ PRS Trends Report has revealed.
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Rental housing supply hits all-time-low
The dearth in available rental properties is worsening, according to research out today from the Association of Residential Lettings Agents (ARLA).
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Rents start rising againA lack of supply is pushing rents higher signalling a revival in the lettings market, says the latest RICS Lettings Survey.
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Family homes increasing London rental prices
Large family homes are driving up rents in the capital according to the latest data from property consultants Cluttons.
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Rentals feeling the strain
The UK is in “dire need” of good quality rental accommodation, according to a survey at this year’s annual conference for the lettings industry.
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Rent expectations on the rise
The supply of new properties coming on to the rental market has fallen for the second consecutive quarter possibly bringing an end to the downward trend in rents that has been in place since the autumn of 2008, says the latest RICS lettings survey.
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House prices fell by 0.9% in August, the second consecutive month where a fall has occurred leaving the average house price at £166,507, Nationwide has said.
Lloyds TSB has introduced a new, market leading fixed rate mortgage at 2.94%, the product is available both for house purchase and remortgage for borrowers with a deposit of at least 30%.
Confidence among landlords has dipped for the first time in almost two years, driven by uncertainties including housing benefits and tax changes announced in the emergency budget, according to the latest NLA Landlords’ Optimism Index.
Confidence among landlords has dipped for the first time in almost two years, driven by uncertainties including housing benefits and tax changes announced in the emergency budget, according to the latest NLA Landlords’ Optimism Index.
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