Landlords shouldn’t be expected to prop up the rental market
Much of Britain’s economy has been ordered into hibernation as the virus wreaks havoc on the retail and leisure sectors. And while the furlough scheme has been a saving grace for many thousands of people working across such industries, for the private rental market such generous help has not been as forthcoming. Despite mountains of […]
Tenant demand dips in December as market remains steady
The rental market remained on a steady footing in December with tenant demand seeing a slight dip during the festive period. According to the latest data and analysis from ARLA Propertymark, 30% of tenants experienced rent increases during the month – a slight rise against the 28% of agents witnessing landlords increasing rents in November […]
Landlords buy in cities, bucking the Covid countryside craze
Coronavirus has prompted much talk of landlords and tenants alike fleeing cities for the country – but some evidence suggests that may not be borne out in reality. Nearly seven out of 10 landlords will continue to target property in urban areas for their next portfolio purchase, Paragon Bank research has found. Click here […]
Private renters should be able to keep a pet, ministers tell landlords in overhaul of default tenancy contract
Renters in private accommodation should be able to have a pet, the Government has said as it unveiled an overhaul of the default tenancy agreement. The new model contract recommended as the basis for landlords to use with tenants states that renters should be allowed to keep a pet animal in their home unless there […]
Renters’ rights are finally being debated on a national level – but will political leaders listen?
If you were one of the 13 million people in the five million households paying 40 per cent of monthly income to private landlords who could evict your family at short notice, without even having to give a reason, you may well have felt insecure. And that was before the pandemic. Insecurity of tenure has […]