Open News

Zoopla is warning that rental reforms will limit investment in the private rented sector, reducing the number of homes to let and pushing rents higher. While the market has improved slightly—rental supply is up 11% and demand has fallen 17% due to lower immigration...

The Government has released updated versions of the Fire Safety requirements for Building Regs. They can be seen here

Letting agents remain uncertain about new sanctions reporting obligations set to take effect on 14 May 2025 under the Sanctions and Anti-Money Laundering Act 2018, according to Propertymark. The agency trade body has identified confusion among its members and has...

The upcoming Renters’ Rights Bill, set to become law by summer, is driving a surge in acquisition enquiries from independent letting agencies, according to Spicerhaart. The bill, marking the most significant housing law reform in over 30 years, is putting smaller...

The Leasehold and Freehold Reform Act 2024, effective from 3 March, grants leaseholders in mixed-use developments greater control over their properties. A key change in Section 49 raises the non-residential threshold for Right to Manage (RTM) claims from 25% to 50%,...

The latest data from mortgage lender Nationwide, which showed that house prices rose more than expected in February. Prices were up 0.4% on the month following a 0.1% increase in January, beating expectations for a 0.2% jump. On the year, house prices rose 3.9% in...

New research from Towergate Direct highlights the rising financial burden on landlords, with property maintenance costs increasing by 26.24% since 2022. The average UK landlord now spends £1,374.07 per year on maintenance—£285 more than in 2022. Edinburgh ranks as the...

The Lords has published a list of amendments prior to the forthcoming Committee Stage (date to be announced) The full list of the amendments can be seen here, and a summary here. Note the following areas of concerns for landlords: Lord Bird intends the Bill to become...

New research from SpareRoom warns 1.5m landlords could be set to quit the rental market ahead of the introduction of the Renters’ Rights Bill. The survey results shows that a significant number of landlords could potentially sell their properties or exit the private...

Hello Neighbour's new services aim to simplify and reduce the cost of property lettings, which is an interesting development in the competitive London rental market. Here's a breakdown of what they offer: Get Listed Service: At £29, this service allows landlords to...