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Holiday let market feels the squeeze as bookings fall

The staycation boom appears to be over, with holiday let owners across the UK reporting a sharp decline in bookings this year, the Observer reports.
The cost-of-living crisis, poor weather and a saturated market are being blamed for the slump.

UK rental market heats up after winter lull

The UK’s private rented sector (PRS) is seeing a surge in tenant demand, with a new report revealing a significant increase across most counties in England. 
Zero Deposit analysed rental data and found tenant demand rose by 1.5% in the first qua…

BTL landlords are shrinking portfolios despite rising rents

Buy to let investors in England and Wales are reducing the size of their portfolios, despite healthy rental income growth, research reveals.
According to Open Property Group, which analysed data on portfolio sizes and profitability, the average investo…

BTL lending slumps amid rising costs for landlords

The UK’s buy to let market is experiencing a significant slowdown, with a sharp decline in new lending and increasing financial pressures on landlords, according to the latest quarterly data.
UK Finance has revealed that the value of new BTL mort…

Fears of landlord exodus over stricter laws are ‘overblown’ – SMF

Stricter regulations of landlords, including ending Section 21 ‘no-fault’ evictions, wouldn’t lead to a shortage of rental properties, one think tank says.
New research from the Social Market Foundation (SMF) challenges the government…

Housing crisis emerges as top priority in new poll

The housing crisis takes the lead as the most crucial issue for Generation Rent, according to a new poll.
A survey by flatshare website SpareRoom reveals the top seven election issues for renters with the housing crisis beating the cost-of-living crisi…

Warning: Are landlords being encouraged to sell too early?

By now you’ve probably heard of Landlord Sales Agency, and our articles that suggest the market is in favour of landlords selling. But is this a genuine concern or is it another strategy designed to get landlords to ‘sell for less’?

Government urged to stop ‘grandstanding’ and help landlords

There needs to be a shift in government policy to stop ‘grandstanding’ and recognise landlords’ rental income as business income for tax purposes, one firm warns.
The call comes from Andy Halstead, the chief executive of HomeLet, afte…

UK rents rocket by 46% in a decade

The average UK rent has climbed by 46% in the past decade thanks to surging tenant demand and limited rented home supply, research reveals.
According to Zero Deposit, it is the lack of available rental properties that is a key driver of this surge.

UK rent growth slows but tenant affordability is a ‘challenge’

The average UK rent has risen by 7.8% to £1,223 in the past year, but the pace of growth is starting to slow, Zoopla reveals.
The property portal says this growth slowdown will continue this year –

Report reveals rise in agent complaints and landlords feeling dissatisfied

The Property Redress Scheme’s annual report paints a picture of a property sector facing challenges with agent complaint enquiries rocketing by 20% in 2023 compared to the previous year.
The scheme says it is investigating 55% more cases but desp…

Rent growth slows as rented homes take longer to let

The rate of rent increases is slowing down, but tenants are still facing significant rises, the latest data from Hamptons reveals.
According to its figures, the average rent on a newly let home in Great Britain rose 7.1% year-on-year in February.

10,000 rental homes in London could be lost to short lets

London’s rental market is under threat, warns Propertymark, as landlords look to exploit a deadline and convert their rental properties into short-term lets ahead of new regulations.
That’s because new rules will see new short-term lets hav…

Will rents keep rising?

Join Ranjan Bhattacharya as he delves into the burning question of 2024: Will rents on buy-to-let properties continue their upward trajectory?
In this video, he dissects the factors driving the increase in rents and provides valuable insights into the…

Property industry reaction – Spring Budget 2024

Industry leaders in the property and finance sector have reacted to the Chancellor’s Spring Budget.
The Spring Budget is seen as the last chance to woo voters before the upcoming General Election this year.
Announcements included a crackdown on holida…

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