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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 > rents-look-set-to-rise-as-tenant-demand-rises-rics

Rents look set to rise as tenant demand grows - RICS

4+ day, 18+ hour ago   (627+ words) Rents are facing renewed upward pressure as tenant demand grows and landlord instructions remain in negative territory, according to the latest RICS survey. In August, the net balance for tenant demand stood at +18%, while landlord instructions came in at -14%. Also,…...

Property118
property118.com > should-you-still-consider-a-rent-to-buy

Should you still consider a ‘rent to buy’?

5+ day, 6+ hour ago   (238+ words) I’ve recently been asked a number of times if this still works under the Renters’ Rights Act 2025, I guess because I wrote and published the first book on what the Renters’ Rights Bill 2024 proposed. My response is that for private…...

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 > professor-warns-renters-rights-act-has-backfired-on-tenants

Professor warns Renters’ Rights Act has backfired on tenants

5+ day, 18+ hour ago   (412+ words) A professor has warned the Renters’ Rights Act has caused changes in the private rented sector which are proving “ineffective or have perverse outcomes”. Writing in the Telegraph, Tim Leunig, professor of economic history at the London School of Economics,…...

Property118
property118.com > guarantor-gap-limits-tenant-prs-choices-lrg

Guarantor gap limits tenant PRS choices - LRG

1+ week, 18+ hour ago   (413+ words) Tenants who don’t have family or friends willing to act as guarantors could be narrowing their housing choices before the search has really got going, research suggests. More than half of surveyed tenants (51%), said they would look for a cheaper…...

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 > the-building-safety-act-and-the-smaller-landlord

The Building Safety Act and the smaller landlord

1+ week, 5+ day ago   (698+ words) The Building Safety Act 2022 has a reputation as tower-block law, and most landlords with a couple of houses or a handful of flats have filed it under someone else’s problem. That instinct is half right. The Act’s heaviest machinery really…...

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…...