Industry News

A market in crisis

Spare Room have published the following blog: How Section 24 caused rental chaos We’ve been running flatshare sites since 1999 and we’ve NEVER seen the rental market like it is today. There are more people looking for rooms than ever before, fewer rooms available than...

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RICS Update on Housing Market

"Storm clouds are visible" in the UK housing market, according to surveyors, with surging mortgage rates expected to push house prices downwards in the year ahead. The market lost momentum in September, with new buyer inquiries falling for the fifth month in a row,...

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Will the Government keep the Section 21?

The Times is reporting that ‘Ministers are also discussing shelving legislation drawn up by Michael Gove, Clarke’s predecessor, to ban no-fault evictions. One government source said it was not considered a priority by the new administration and would be delayed....

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Unite sells more student accommodation

Unite Group said it has sold more beds than expected for the current academic year, and it cautioned on rent hikes due to inflationary pressure. The student accommodation developer has sold 99% of its beds for the 2022-23 academic year, up from 94.1% in 2020-21. It...

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Rents are staring to go down

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