Industry News

The landlord, was convicted of four offences at Suffolk Magistrates' Court on Monday, December 5. According to Ipswich Borough Council, all four offences were under the Anti-Social Behaviour, Crime and Policing Act 2014 and included a large pile of waste being left at...

The average UK rent for a new letting has jumped by GBP117 per month since last year, according to a Zoopla report. This has pushed the typical rent to GBP1,078 per month, Zoopla said, which equates to 35% of the average income of a single earner – the highest level...

Short-term holiday properties will soon face a compulsory national registration scheme after and amendment has been to the Levelling Up and Regeneration Bill going through parliament. Such a move has been in the offing for several months and follows an initial...

Under the sub heading ‘The demand of many popular post-pandemic locations is rapidly evaporating’ the Telegraph has published an article outlining where the property demand is diminishing quickest. The article can be seen here, and states that areas in the Cotswolds...

Sky News has published some articles on the number of landlords leaving the PRS. This one can be seen here, and says: Sean Gillespie, who manages around 50 properties, tells Sky News an "unpredictable and volatile" market has created a situation that is...

With the cost-of-living crisis and government changes adding further strain to agents, landlords, and tenants alike across the rental sector, rent prices – especially in the capital – have soared in recent months. In fact, Goodlord’s database of over 1,000 letting...

Edinburgh’s ‘Airbnb crackdown’ is set to get even tougher thanks to planned new policies which would introduce a “de-facto ban” on short-term lets. A suite of policies designed to strip the Capital of controversial holiday lets and return thousands of properties to...

DEPARTMENT store group and Waitrose supermarket chain owner John Lewis Partnership has agreed a £500 million, “multi-decade” joint venture with Edinburgh-based fund management company abrdn to deliver around 1,000 new homes across three communities. John Lewis...

Sky News has published some articles on the number of landlords leaving the PRS. This one can be seen here, and says: Nathan Emerson, CEO of the estate agents trade body Propertymark, has said the private rented sector has been "invisibly buckling" under increasing...

Property Eye are reporting on a report from mortgage lender OSB Group claiming many smaller landlords are leaving the industry. The article can be seen here, and says: Over a quarter (26%) of part-time landlords are worried about the future and considering leaving the...