The Buy Association has published an article on the changing demographics of renters, and how landlords need to adapt. It can be seen here, and says that the demographics of the UK rental sector are shifting significantly, with notable increases in older renters....
Industry News
London’s Rental Market Update
The summer lettings season in London has kicked off with a notable increase in tenant demand. According to data from Foxtons, tenant applicant demand surged by 15% in June compared to May, mirroring pre-pandemic trends and anticipated to continue rising over the...
Changes to the EU Settlement Scheme (EUSS)
Announcement Overview: The Home Office has announced changes to the EU Settlement Scheme (EUSS) to align with a High Court judgment. These changes aim to make it easier for citizens to demonstrate their rights and provide clarity to third parties regarding those with...
Landlords are getting younger
The demographics of the UK rental market are not only shifting in terms of tenants but also among landlords. Analysis by Paragon Bank reveals a notable trend: the average age of landlords acquiring new rental property with a buy-to-let mortgage has decreased over the...
English Housing Survey
The latest English Housing Survey (EHS) for 2022-2023, published by the Department for Levelling Up, Housing and Communities (DLUHC), provides comprehensive data on housing conditions, household characteristics, and energy efficiency across England. Here are some key...
Summary of June 2024 Property Auctions Performance
The Essential Information Group has just published their monthly newsletter. It can be seen here, and, in summary says: Commercial Property Auctions: Overall Growth: Significant increase in lots sold by 37.2% compared to last year. Revenue Surge: Total revenue up by...
Hertfordshire Landlord Convicted for Illegal Eviction and Harassment
We are publishing this story to remind you that the excuse offered by the landlord 'barrister argued that he lacked experience as a landlord, as this was his first tenanted property' is completely unacceptable. St Albans Magistrates Court recently convicted Olufemi...
Industry Bodies Call for Regulation of Property Agents in Open Letter to Housing Secretary
Propertymark and the Royal Institution of Chartered Surveyors (RICS) are among the key industry bodies backing an open letter to the new Housing Secretary, Angela Rayner, urging the government to implement regulation for property agents. The letter calls for a meeting...
Recovering Damages Beyond the Security Deposit: A Guide for Landlords
Property118 has published a useful article on how to recover legitimate costs from a tenant. It can be see here, and in summary says: When a tenant vacates a rental property, landlords often face the challenge of discovering damages or repair needs that exceed the...
Lloyds Banking Group’s Social Housing Initiative
Overview Lloyds Banking Group, the UK's largest mortgage provider, is set to transform its disused office sites into social housing. This initiative aligns with the bank's strategic shift following the Labour Party's election win, which has heightened focus on...
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Phil Spencer, the well-known TV property expert, is advising landlords to consider delaying the advertisement of...
Council quietly starts new licensing scheme
Waltham Forest Council, a leader in issuing fines to landlords, has quietly extended its additional and selective...
Tenant group claims exodus of landlords could be good for tenants
Generation Rent has commented that landlords leaving the private rental sector could provide an opportunity for...