Posts Tagged ‘Landlords’
RLA membership hits new record high
Membership of the Residential Landlords Association (RLA) has hit a new record high of 35,000. Established by landlords, for landlords in 1998, the not-for-profit association – Britain’s leading landlord body – has seen huge growth in recent years, reaching this new milestone less than two years after hitting the 30,000 mark. Answering more than 66,000…
Read MoreAnnual rents in South West England rising faster than anywhere else according to Your Move
Latest Your Move England and Wales Rental Tracker – October 2018 data headlines ‘Atumn positives for rental market’. The report reveals that seven of ten regions posted annual price rise with rents in the South West rising faster than anywhere else. The avearge rent across England and wales now stands at £861 (seasonally adjusted) according…
Read MoreGovernment Minister to address RLA Future Renting Wales conference next week
Government Minister Justin Tomlinson MP will address the Residential Landlord Association’s (RLA) Future Renting Wales conference next week. The Minister for Family Support, Housing and Child Maintenance, will be sharing his insights into the future of the private rented sector in a keynote speech at the event on November 29th, with Welsh Housing Minister Rebecca Evans promising…
Read MoreBenefit Changes Driving Homelessness Says New Report
Changes to the benefit system are behind the decade-long increase in homelessness from private rented housing, according to a new report for the RLA. Research by the Policy Evaluation and Research Unit at Manchester Metropolitan University for the Residential Landlords Association has found that a key driver of homelessness from the private rented sector has…
Read MoreNew housing court proposal will be good news for landlords and tenants says RLA
Responding to the launch of a consultation by the Government on establishing a new housing court, David Smith, Policy Director for the Residential Landlords Association, said: “The RLA called for a new Housing Court at the time of the last election and in its budget submission. It therefore welcomes this important consultation. “Improving and speeding…
Read MoreAverage asking rents outside London have hit over £800 per month for first time according to Rightmove
Latest Rightmove Rental Price Tracker Q3 2018 report headlines ‘Drop in available rental properties pushes asking rents to record high’. The report reveals that average asking rents outside London have hit over £800 per month for the first time, fuelled by fewer available rental properties for prospective tenants to choose from. Rightmove states that in…
Read MoreRLA comments on NatWest decision to review its lending practices
Commenting on news that NatWest bank plans to review its lending practices to address concerns that they prevent landlords renting to benefit claimants, David Smith, Policy Director for the Residential Landlords Association said: “With increasing numbers of benefit claimants now reliant on the private rented sector for a home we welcome NatWest’s decision to review…
Read MoreLondon the only region to see rents fall in England and Wales for September 2018 according to Your Move
Latest Your Move England and Wales Rental Tracker – September 2018 data headlines ‘New academic year keeps rental market ticking over’. Just one region of England and Wales saw rents fall in the year to September 2018 and that was London, prices elsewhere are on the up according to the Your Move Rental Tracker. Martyn…
Read MoreRents rose in every region of GB in September, the first time since January according to Hamptons International
Latest Hamptons International Monthly Lettings Index report – September 2018 headlines ‘Landlord purchases fall by £5.2 billion in 3 years’. The report reveals that in H1 2018 landlords spent £12.1 billion on new buy-to-let purchases, £5.2 billion or 30% less than in H1 2015 (£17.3 billion). In London landlords spent £3.5 billion purchasing rental homes…
Read MoreCapital Gains Tax relief to encourage longer tenancies and sales to tenants in private rented housing, RLA response
Responding to proposals from the Conservative Think Tank, ‘Onward’ today for Capital Gains Tax relief to encourage longer tenancies and sales to tenants in private rented housing, David Smith, Policy Director for the Residential Landlords Association said: “We welcome Onward’s acceptance of the need for more positive taxation in the rented sector which the RLA…
Read More40% of tenants in the Private Rented Sector saw their rents rise in August according to ARLA Propertymark
Latest ARLA Propertymark Private Rented Sector Report – August 2018 headlines ‘Rents Hit Record High’. The report reveals that in August, the number of tenants experiencing rent hikes increased to 40 per cent, from 31 per cent in July. This is the highest figure recorded since records began in January 2015. The demand from tenants…
Read MoreResponse to Labour plans for Private Rented Housing
In response to the Shadow Housing Secretary, John Healey MP’s proposals to end the use of Section 21 notices in the private rented sector announced at the Labour Party Conference, David Smith, Policy Director for the Residential Landlords Association, said: “Many landlords resort to Section 21 notices because the alternative procedures take too long to…
Read MoreRLA comments on the report on private rented housing
Comenting on the recent publication of the University of York’s report on private rented housing, David Smith, Policy Director for the Residential Landlords Association said: “We welcome today’s report which the RLA contributed to. “Whilst the Government’s own data shows that 84 per cent of private tenants are satisfied with their accommodation, no one…
Read MoreShelter responds to review of the private rented sector
Please find below Shelter’s reponse to Nationwide Foundation and Univeristy of York’s review of the private rented sector, which calls for property MOTs for private rented homes. Polly Neate, chief executive, Shelter said, “Decades of failure to build social homes mean thousands of families are left to contend with the broken, failing market that is…
Read MoreDemand in the PRS in July increased to its highest level this year according to ARLA Propertymark
The latest ARLA Propertymark Private Rented Sector Report – July 2018 revealed that demand from prospective tenants increased in July, to the highest level this year so far. The supply of available properties moved in the opposite direction to demand, falling from 191 in June, to 184 last month according to ARLA Propertymark. David Cox,…
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