UK house sellers are trimming asking prices to attract buyers, leading to the busiest July for agreed sales since the post-lockdown market surge of 2020, according to Rightmove. The average new asking price fell by 1.3% in August — a drop of £4,969 — bringing the...
Open News
MPs Face Scrutiny Over Landlord Interests
The London Renters Union has called for a ban on MPs being landlords, after new data revealed that Labour has the highest number of MPs earning rental income. Analysis by The i, based on the register of members’ interests, shows that 38 Labour MPs declare over £10,000...
Phil Spencer Backs Landlords Amid Rental Supply Squeeze
TV property expert Phil Spencer has urged policymakers and the public to recognise the vital role played by responsible landlords, warning that dwindling rental stock risks worsening the UK’s housing crisis. Writing in the foreword to Propertymark’s latest lettings...
Renters Rights Bill: Why Letting Agents Could Be the Real Winners
A new industry report suggests that the upcoming Renters Rights Bill could boost business for letting agents, as more landlords turn to professionals to navigate the growing legislative maze. The analysis, by software firm SME Professional, draws on Scotland’s...
Unprecedented Ruling: Solicitor Ordered to Pay Legal Costs After Failed ‘No Win, No Fee’ Disrepair Claim
A recent court ruling has sent a clear message to legal professionals and their clients, following a failed housing disrepair claim against the City of York Council. In a significant development, a solicitor has been ordered to pay the legal costs of a tenant whose...
Professional Landlords Set to Fill Gap Left by Small-Scale Investor Exodus
The much-publicised decline of the small-scale private landlord is creating significant opportunities for professional investors to expand their share of the UK rental market — a shift some experts are calling a “net positive” for standards and tenant experience....
Over One Million PRS Homes Could Breach Decent Homes Standard by 2035
A new analysis suggests that more than one in five privately rented homes in England – around 1.027 million properties – could be deemed illegal under the Decent Homes Standard (DHS) once it is applied to the private rented sector (PRS) as part of the forthcoming...
Hypocritical minister resigns
Rushanara Ali, the homelessness minister, has resigned following allegations that she raised the rent on a property she owns after evicting the tenants. The controversy arose because she was a prominent supporter of the Renters' Rights Bill, which aims to prevent such...
Household debt: Economic indicators
The House of Commons Library has released its monthly Household debt: Economic indicators. It can be seen here, and here's a summary of the latest UK economic indicators : Household Debt and Mortgage Rates: Household debt as a percentage of disposable income has...
Eastbourne Introduces Article 4 Direction to Regulate New HMOs
Eastbourne Borough Council has introduced new planning controls designed to limit the unchecked proliferation of houses in multiple occupation (HMOs). From 30 July 2025, an Article 4 Direction has come into effect in four areas of the town, requiring property owners...
YOU MAY ALSO LIKE
How does the budget affect landlords?
The Chancellor has given her budget for 2025. The official summary can be seen here, and the supporting documents...
MPs Criticise Falling Housebuilding Numbers Amid 1.5m Homes Pledge
MPs have voiced disappointment over the latest official housebuilding figures, which show development slowing despite...
Renters’ Rights Act: Clarifying Deposit Rules for Landlords
Property118 have sought clarification after many landlords have raised concerns about how tenancy deposits will affect...