Landlord News
HMO landlords rely on property as sole income source
A recent survey by Landbay reveals that half of HMO (House in Multiple Occupation) landlords rely solely on their property portfolios for income. This reliance…
Landlord News
Landlord News
Labour’s 1.5 million homes pledge faces scepticism
New data analysis by Yopa, the full-service estate agents, suggests that Labour’s ambitious promise to build 1.5 million new homes in their first parliamentary term…
Landlord News
Estate agents ramp up anti-money laundering checks
There has been a significant surge in anti-money laundering (AML) checks carried out by estate agents, as reported by Credas Technologies. In the first quarter…
Landlord News
Letting agent warns scottish minister: rent controls may deter investment
David Alexander, CEO of DJ Alexander, has urged Scotland’s Housing Minister Paul McLennan to amend proposed rent control policies, warning that failing to do so…
Landlord News
Rental sector trade bodies warn parties over landlord crackdown plans
Two of the UK’s largest trade organisations representing the private rental sector have voiced their concerns regarding major political parties’ pledges to impose stricter regulations…
Landlord News
Bank of England maintains base rate at 5.25% despite hitting inflation target
In a move that surprised some but aligned with many economists’ expectations, the Bank of England’s Monetary Policy Committee (MPC) voted 7 to 2 to…
Landlord News
Labour’s new housing manifesto targets rogue landlords
Labour has unveiled new policies to tackle bad landlords and win over renters in its latest manifesto. Angela Rayner announced plans to ban no-fault evictions,…
Landlord News
Rental reform plans at risk from lack of tenant choice, warns NRLA
A shortage of rental homes is set to undermine the political parties’ plans to reform the rental market, warns the National Residential Landlords Association (NRLA)….
Landlord News
Rental growth slows but demand remains “out of control” and rents “unaffordable”
UK rental growth has slowed to a modest +0.2% increase from April to May, according to the latest HomeLet Rental Index. Despite this slight deceleration,…
Landlord News
Rising house prices and rents squeeze first-time buyers
House prices across the UK have risen by 1.1% in the year to April, with the average house price now standing at £326,248, according to…
Landlord News
Inflation drops to Bank of England’s target for the first time in three years
Inflation in the UK has finally hit the Bank of England’s target, reaching 2% in May for the first time since July 2021. This marks…
Landlord News
Renters Lose Over £700 Million in Deposits Due to Cleaning Deductions
UK renters are losing over £700 million annually due to avoidable cleaning-related deductions from their deposits, according to recent data from SpareRoom. SpareRoom, a leading…
Landlord News
More listings balance the London rental market
The London rental market saw a significant shift in May 2024, with a marked increase in property listings leading to a more balanced environment for…
Landlord News
General election uncertainty lowers competition and house prices
The UK housing market is experiencing notable shifts due to the impending general election on 22 May, as highlighted by Knight Frank. The estate agency…
Landlord News
Digital revolution in renting: OpenBrix, TDS, and Home team up
OpenBrix has announced a groundbreaking partnership with The Tenancy Deposit Scheme (TDS) and Home, aiming to transform the rental experience for millions of tenants across…
