WEEKLY NEWS ROUNDUP – 06/05/2022

A roundup of the week’s top property and proptech news stories in partnership with Proptech-X   Table of ContentsHide What now for the property sector after another interest rate increase? If Section 21 is repealed, what does it mean for landlords and tenants? NAPB: The Cost of Living Squeeze Is Set to Create a “Crisis” for…

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Benefit 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…

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Average 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…

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PRS Tenants experiencing rent increases remained high in September according to ARLA Propertmark

The latest ARLA Propertymark Private Rented Sector Report – September 2018 headlines ‘Rate of Rent Increases continues to Rise Year-On-Year’. The report reveals that the number of tenants experiencing rent hikes remained high in September. cox, the current Chief Executive said: “Although the number of landlords increasing rents for tenants dropped in September, this figure…

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Time to end discrimination against benefit claimants by buy to let mortgage providers is the call by the RLA

URGENT action is needed to tackle discrimination against benefit claimants by buy-to-let mortgage providers, this call is being made by the Residential Landlords Association (RLA) following news that a landlord has had the mortgage on a property revoked because she is renting to a benefit claimant. In a letter being sent to the Treasury Minister…

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RLA 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…

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Energy efficient homes are good for tenants and good for landlords says RLA

Read latest news story from Residential Landlords Association (RLA) released 8th August 2018: ‘Greater Ambition Needed on Energy Efficiency of Rented Homes’. LANDLORDS are calling on the Government to be more ambitions when it comes to the energy efficiency of rented housing. Since April, all new or renewed private sector tenancies require properties to have…

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Government proposed model for 3 year tenancy with a 6 months break clause. (Consultation)

Open Consultation from the Ministry of Housing,Communities and Local Government published 2nd July 2018. The government is committed to increasing security for tenants in the private rented sector while balancing landlords’ needs to regain their properties when their circumstances change. This consultation invites view and comments on the benefits and barriers of landlords offering longer…

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RLA argues ministers need to scrap the new homes tax for landlords

A new report being published  by the Residential Landlords Association’s (RLA) research exchange, PEARL, warns that the country faces a net loss of 133,000 homes for private rent over the next year. This follows Government figures showing that between March 2016 and March 2017 England saw a loss of 46,000 private rented homes. Ministers need…

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