An exodus of older landlords is paving the way for build-to-rent investors and younger landlords looking to capitalise on higher yield properties, according to a big estate agency boss.
At least 710 buy-to-let mortgaged properties were repossessed in the second quarter of the year, 13% up on the previous quarter and 51% up year-on-year.
Online lettings firm OpenRent and Rightmove have signed a new property listings deal after several weeks of corporate brinkmanship over fees.
The average time from claim to landlord repossession has jumped to 25.4 weeks, up from 22.1 weeks in the same period in 2023, according to the latest government figures.
Gloomy letting agents have reported a fall-off in private rentals coming onto the market around the country.
Landlord Sales Agency has been touted as the UK’s best company for landlords to go to who are looking to increase the profits of their property portfolios.
Chancellor of the Exchequer Rachel Reeves has refused to rule out increasing capital gains tax for landlords selling their rental properties during interview with a US business TV channel.
A business consultancy has warned that London’s high rents mean many companies in the capital are struggling to recruit staff as younger jobseekers look for employment elsewhere in order to access lower-cost homes.
The Government has been moved to reassure Tory MPs that its Renters (Reform) Bill will not damage the private rented sector following the leaking of a letter by housing minister Jacob Young.
The Prince of Wales is working with private landlords to help prevent and reduce homelessness in the UK, it has been revealed.
The Scottish coalition Government has finally revealed its plans for the private rented sector including permanent rent controls, new rights to keep pets, decorate rented homes and stronger protection against eviction.
A man has been dubbed “the world’s strictest landlord” for telling would-be tenants that they can’t have anyone staying the night have a drink.
A housing management company has been fined £30,000 after an escape route at its HMO was found to be padlocked shut and blocked by a large shipping container.
The government has launched a cross-party inquiry into how the experience of buying and selling homes could be improved in England.
A group of landlords in Birmingham are spearheading an innovative trial of new technology designed to help them comply with local licencing and other regulatory requirements.
Peers debating the Leasehold and Freehold Reform Bill were almost unanimous in their belief that it doesn’t go far enough to protect leaseholders.
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