Industry News

Rental demand overheating

Roseanna Lane thought she had plenty of time to find a new flat to rent when she gave notice to her landlord two months ago. But despite registering with eight estate agents in Richmond, South-West London, Roseanna and her partner Nick have found it almost impossible...

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Exempt accommodation

Crisis has reported that Freedom of Information data obtained by it shows that 153,701 households in Great Britain were housed in exempt accommodation as of May 2021. This represents a 62 per cent increase from 2016 to 2021. As Crisis explains, ‘exempt accommodation’...

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Demand from tenants at highest level

Paragon Bank have carried out a survey of over 600 landlords, and have established that tenants demand has risen to record levels during Q3 The survey showed, when excluding those who were unsure, 69% of landlords reported increasing levels of demand, with over a...

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Red tape hinders landlord investment

A survey by rental software firm Ark shows that although 77 per cent of landlords want to invest and grow their portfolio, their efforts are being hindered by compliance. Almost three in 10 say they won’t invest further because they believe rules and regulations are...

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Are pets really a problem?

A major supplier to the lettings sector says there’s no reason landlords should not allow pets into properties so long as there is a tightly-written contract,Inventory management firm No Letting Go says a well-considered pet clause should include specifics such as...

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Agent removed from Redress Scheme

The Property Redress Scheme has expelled a guaranteed rent operator after they failed to pay an eyewatering £150,000 in rent to a former landlord client. The agent was required to pay the landlord £25,000 by the Property Redress Scheme, the maximum they can award, and...

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Foxtons expects growth in 2024

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