Tenants are returning from outside the capital and it’s pushing London rents up at a record pace. Lettings agency Hamptons is making this suggestion and states that over the last year, rents in London have risen by 12.3 per cent, which is the fastest rate since the firm’s market index began in 2013. Rental growth …
First details of the ‘private rental portal’ revealed in last weeks’ Queen’s Speech have emerged. It is thought the portal will be similar to portals already in use in Wales and Scotland, but more comprehensive. These portals will use the address of each private rented property in England to create a database of homes and …
Prince Charles reveals plan to overhaul housing policy in Queen’s speech Prince Charles has officially delivered the Queen’s Speech and opened Parliament today this week, with plans to overhaul the housing policy were among the 38 bills discussed. The purpose of the Queen’s speech, which she had to ‘reluctantly’ pull out of due to ‘episodic …
The government has announced new plans to revive town centres and landlords with high street shops which have been empty for a year will be forced to rent them out. In the Queen’s Speech today (Tuesday 10th May), it is expected new legislation will be announced, which will allow pubs and restaurants to use pavements …
Why are more than half of tenants anxious about renting? New research has revealed that one in six tenants feel stressed or anxious because of their living situation. The new research from Admiral Home Insurance also shows that 62% of tenants feel that renting has a negative impact on their mental health. The research highlights …
In a bid to improve home-ownership, Prime Minister Boris Johnson is considering a return of the right-to-buy scheme for housing association tenants Young people today have long struggled to get on the housing ladder, due to rising rents and spiralling house prices. So Boris Johnson is looking at the Thatcher era scheme, to give people …
While the new Building Safety Law appears to assist some landlords, others aren’t so lucky. The cladding crisis, with landlords and homeowners worried about the impact on their investments, continues to rumble on. In light of this crisis, the new bill, which has been passed and is now law, relates to building protection and will …
Influential campaigning group calls for all rent rises and evictions to be halted A campaign group is calling for all rent increases and evictions to be banned until the cost-of-living crisis subsides. Campaign group Generation Rent also wants to see a ban on landlords requesting rent upfront. The group says that some landlords are using …
Airbnb is backing the government plan to end ‘no fault’ evictions In a bid to give renters more protection, Airbnb is backing the government’s plan to end Section 21 evictions, a move which aims to stop landlords forcing tenants out of properties and turning them into short-term holiday lets. The platform is also committed to …
Tenancy deposit cap puts landlords at risk New research has revealed that average tenancy deposits have been steadily decreasing since the deposit cap was introduced at the start of the pandemic. Tenants paid an average of £948 in 2011, rising to a peak of £1,108 in 2019 according to the research by mydeposits. In 2020, …
