Mission Statement; “Facilitating the sharing of best practice in the UK Private Rented Sector”

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News

Property118
property118.com > propertymark-calls-for-clearer-guidance-as-rent-tribunal-cases-surge

Propertymark calls for clearer guidance as rent tribunal cases surge

3+ day, 18+ hour ago   (483+ words) An industry body has called for more clarity around the tribunal process under the Renters’ Rights Act. Propertymark has warned that, with rent tribunal cases surging, there needs to be clearer guidance and understanding of the evidence tribunals consider. The…...

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property118.com > edinburgh-has-the-biggest-flatshare-rent-shortfall

Edinburgh has the biggest flatshare rent shortfall

4+ day, 18+ hour ago   (363+ words) Edinburgh’s flatsharers face the biggest gap between what they budget for a room and what landlords are asking, according to SpareRoom. Edinburgh flatsharers were looking to spend £748 for the average room being advertised at £834, an annual difference of £1,028. Elsewhere, the…...

Property118
property118.com > council-funds-rent-guarantor-cover-for-private-tenants

Council funds rent guarantor cover for private tenants

4+ day, 18+ hour ago   (289+ words) Northumberland County Council is paying for guarantor insurance to help tenants secure homes in the private rented sector. The scheme targets potential tenants who can afford a tenancy but cannot provide a qualifying relative or other person to be their…...

Property118
property118.com > scottish-landlords-can-still-take-control-of-their-future-in-the-prs

Scottish landlords can still take control of their future in the PRS

5+ day, 18+ hour ago   (742+ words) All of us in the Scottish private rented sector understand the nature of difficult decisions. Many of us have friends and colleagues who are currently considering whether to remain in the sector, downsize their portfolios or simply leave it entirely....

Property118
property118.com > propertymark-calls-for-faster-leasehold-reform

Propertymark calls for faster leasehold reform

5+ day, 18+ hour ago   (504+ words) Propertymark is urging the government to speed up leasehold reform after research found 93% of leaseholders would not buy another leasehold property. Its survey of more than 1,200 leaseholders and 200 Propertymark members found 86% had seen service charges rise during the past two…...

Property118
property118.com > house-prices-see-first-annual-drop-since-2023

House prices see first annual drop since 2023

1+ week, 8+ hour ago   (789+ words) House prices have fallen year-on-year for the first time since November 2023, according to the latest Lloyds house price index. Average values were 0.4% lower in August than a year earlier, while prices also slipped by 0.2% during the month. The average property…...

Property118
property118.com > renters-rights-act-piles-work-on-letting-agents

Renters' Rights Act piles work on letting agents

1+ week, 4+ day ago   (364+ words) Landlords using letting agents may face slower communication and decisions as the Renters’ Rights Act adds to their administrative workloads. Research from Propoly found that 73% of letting agents have seen their workload rise since the legislation came into force on…...

Property118
property118.com > hm-land-registry-launches-tool-for-accurate-sales-data

HM Land Registry launches tool for accurate sales data

1+ week, 4+ day ago   (306+ words) HM Land Registry has launched new property identifiers designed to improve the accuracy of property sales data. Unique Property Reference Numbers (UPRNs) and INSPIRE IDs are now available alongside the monthly Price Paid Data. The government says Price Paid Data…...

Property118
property118.com > garden-shortage-gives-landlords-an-edge

Garden shortage gives landlords an edge

1+ week, 5+ day ago   (245+ words) Landlords offering a home to rent with a well-kept garden could have an advantage when attracting tenants, as outdoor space is absent from almost two-thirds of advertised rentals in major UK cities. Research by CIA Landlords found that only 36.2% of…...

Property118
property118.com > guarantor-reliance-surges-as-renters-face-growing-affordability-pressures

Guarantor reliance surges as renters face growing affordability pressures

1+ week, 5+ day ago   (457+ words) Guarantor reliance for tenants has doubled in the last 18 months as landlords look for greater financial security. Data from HomeLet reveals the share of accepted applications requiring a guarantor has risen from around 9% in January 2025 to 18.4% in July 2026, with almost…...