The proportion of former rental properties moving into the sales market is at its highest on record, indicating more landlords are selling up, some potentially driven by the mooted increase in Capital Gains Tax in next month’s Budget. The data comes from Rightmove which says that 18% of properties now for sale were previously on […]

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A mortgage firm has issued a warning to anyone jumping on the short lets bandwagon to cash in on the Oasis reunion tour. John Fraser-Tucker of Mojo Mortgages says: “It’s absolutely essential that you check with your mortgage lender that you’re actually able to provide a short-term rental.  “Not consulting them could put you in […]

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Barclays Bank says that growth in rent and mortgage spending has slowed to the lowest rate in 17 months, following the Bank of England’s base rate reduction on August 1.  In response, consumers are feeling more confident in their household finances, though some concerns around rent and mortgage affordability remain. Meanwhile, housing supply for renters […]

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The latest data from Propertymark suggests a small – perhaps very small – change in the supply/demand imbalance in the private lettings market. In its latest market report, with data from July, it says the previous month’s average of 99 new prospective tenants registering per Propertymark branch dipped to 88: and supply of homes to […]

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Xenia Estates, a property management agency based in Manchester, says it’s targeting 20% growth over the next three years. Xenia handles residential, mixed use and specialist student accommodation and works with freeholders, developers, residential management companies and Right To Manage leaseholder groups, with services including block management for the student buy to let and private […]

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From this month, private tenants in Northern Ireland will have sufficient smoke, heat and carbon monoxide alarms installed in their homes for the first time as part of the Smoke, Heat and Carbon Monoxide Alarms for Private Tenancies Regulations (Northern Ireland)

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The first phase of of a huge 551-bed Build To Rent scheme in Birmingham has been completed. This phase consists of 125 units for BTR operator Get Living; the rest of the six-building development is set to be completed later this year.  It’s in an area known as Maker’s Yard on a former brownfield site. […]

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Fine & Country’s regional tour will be taking place again in November with meetings across the UK bringing together industry professionals, business owners, and managers to provide market insights and strategy planning for 2025. Each meeting will also feature a spotlight on a standout Fine & Country agent who consistently achieves high fees and has […]

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After breaking records in July, rents remained high in August – topping the £1,400 threshold for the second month in a row

The post Rents pass important threshold for second month in a row – Goodlord appeared first on Letting Agent Today.

A cross-party coalition of over 100 councils is calling for reforms to what it calls “unsustainable” discounts on Right To Buy along with other housing reforms.  Led by Labour-controlled Southwark Council the coalition has provided what it has termed ‘five solutions’ to help build social housing and reduce the reliance on the private rental sector […]

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