Industry News

Propertymark’s regular survey of its 443 member agencies found the supply of properties to rent had collapsed by almost half from 30.4 in 2019 to 15.6 available per branch in 2022. Propertymark also found that 94% of rental properties removed during this period did...

The majority of landlords are happy with the service provided by their letting agent (56%), 42% believe their agent charges too much and 16% have had additional charges made without any forewarning, according to the latest industry insight from Total Landlord...

Real estate platform Zoopla recently revealed that average UK house prices hit a record high of £250,200 over the 12 months ended 30 April, but the property market appeared to be showing signs of slowing down as potential buyers face pressure on finances amid the...

A new report has been published and can be seen here.  In summary: There are approximately 3.9 million live deposits registered with one of the three government-backed Tenancy Deposit Protection (TDP) schemes that operate in England. These correspond to an estimated...

A recent report looks at the obligations of landlords to maintain, and repair their rental properties. It can be seen here, and shows why landlords need the Decent Homes Standard as outlined in the Queens Speech, as the current legislation is vague in some areas....

Bungalows are expected to become a more popular choice of home for renters in the next 10 years, research by Paragon Bank has revealed. As many as one in 10 rented homes could be a bungalow in the next decade as landlords expect to see a rise in the number of older...

The Telegraph is running a piece on a Nottingham landlord who is making his tenants an unconventional offer – he will gift them a deposit so they can buy their homes from him. If they cannot get a mortgage, he is also prepared to cut the sale price by a tenth, with...

A landlord has been fined £7,500 for not complying with electrical safety standards at a property he owns and lets out in Radcliffe, Greater Manchester. He failed to produce a valid Electrical Installation Condition Report (EICR) for the house, meaning the council’s...

The House of Commons library has published an update to the requirements for the External Wall System (EWS) - it can be seen here, and says: Why was EWS introduced? After the Grenfell Tower fire, the focus was on removing aluminium composite material (ACM) from...