BREAKING PROPERTY NEWS – 28/06/2022

Daily bite-sized proptech and property news in partnership with Proptech-X.   Renting to Students: TDS Poll Confirms Common Issues and Reasons for Disputes in Student Lets PRESS RELEASE: A recent poll by the Tenancy Deposit Scheme (TDS) asked agents and landlords about their experiences when renting to students. The TDS poll discovered common disagreements, the top causes of…

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Lonres and Let Alliance join forces in a Strategic Partnership

LonRes, the independent data and agent network business, and Let Alliance, the specialist letting services provider, has announced that they are to join forces in a strategic partnership. LonRes Let Alliance, has been designed to meet the specific challenges of the London lettings market and is exclusive to LonRes subscribers. It offers the widest range…

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London Landlords cutting rents according to NLA

Latest news release 6th February 2018 from the National Landlords Association (NLA) reveals that London landlords are cutting rents. According to recent research by the NLA,  one in five landlords (16 per cent) in outer London has reduced rents over the last year. The NLA state in their report: The research also shows that the…

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Rogue landlords put on notice as raft of new powers come into force.

Rogue landlords have been put on notice as government  announced yesterday (28 December 2017) a raft of new measures to crack down on bad practices, stamp out overcrowding and improve standards for those renting in the private sector. In the press release from The Department for Communites and Local Government and Alok Sharma MP ‘Rogue…

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Rental demand outstrips supply in many areas according to Your Move

Latest Your Move Buy-to-Let Index report September 2017 for England and Wales headlines ‘Rents rise across much of England and Wales’. The report reveals:  On a non-seasonally adjusted basis, the average rent charged to tenants was £904 in August, many areas see demand outstrip supply as tenant numbers rise. Richard Waind, Director, Your Move, comments:…

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Record levels of retirees paying rent according to Countrywide

According to the latest figures from Countrywide’s Monthly Letting Index retirees in Britain spent a record £3.7bn in rent in the last 12 months, an increase of 216% ( £1.2bn) paid by retirees ten years previous, it reveals that retired people make up 8% of all tenants. The index reveals that London has the least…

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High-end sale properties in central London remain under pressure says RICS

The Royal Institution of Chartered Surveyors (RICS) today released their Residential Market Survey March 2017 headlined ‘Residential sales still lack impetus’. The survey points out that new buyer enquiries and sales remain flat in March and stock levels hit new record low as number of properties coming to market continues to decline. The picture remains…

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Paragon Group half year results.

The Paragon Group of Companies PLC  announced yesterday its half year results for the six months ended 31 March 2016. Commenting on the results, Nigel Terrington, Chief Executive of Paragon, said: “This has been another outstanding performance from Paragon, with strong profit growth complemented by significant progress in our lending activity and further development in…

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Trying to sell your tenanted property?

We all know it can be a stressful time when putting your house up for sale, but does it make things harder having a tenant there? We have compiled a couple of things you will need to be aware of in terms of your tenants’ rights. Unfortunately you can’t just kick your tenants out because…

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How to handle disputes with your tenant

How to handle disputes with your tenant

As a landlord, you have extensive responsibilities and chances are, at some point you may be faced with issues that need resolving. We have compiled a few ideas that may be able to help you figure out things with your tenant and could possibly stop world war three from happening! Keep positive If you start…

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Our tips for landlords: Make your rental property stand out.

Make Your Rental Property Stand Out

As mortgages are becoming harder to obtain; this especially applies to first time buyers. It is not surprising that people are deciding to rent instead of buying a home. This might seem like an ideal situation for landlords but in fact it starts a fierce competition between landlords and rental prices. So if you are…

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Tenant demand growing

According to research carried out by The National Landlords Association it shows tenant demand remains strong, with four in 10 landlords reporting an increase in the areas where they operate. They stated that tenant demand continues to be largely seen as either stable or increasing in the areas where they operate in the last three…

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