Industry News

While the Renters' Rights Bill aims to raise standards in the private rented sector, it does not include rent controls, a mechanism that has proven detrimental to renters when implemented elsewhere. The draft legislation will now go through the Parliamentary process...

The Renters’ Rights Bill was published today (11/9/24) with the stated intention to introduce a series of reforms designed to increase protections for tenants while maintaining a balance that allows landlords to manage their properties effectively. Key measures...

Barratt Developments, in collaboration with Homes England and Lloyds Bank, has announced a joint venture called the MADE Partnership, which will focus on large-scale residential-led developments. Each partner is expected to invest up to £150 million in this venture....

According to recent data from Rightmove, the proportion of former rental properties being listed for sale has reached its highest level on record. Currently, 18% of homes for sale were previously rental properties, up from 8% in 2010, with London seeing nearly a third...

Lambeth Council has launched a new property licensing scheme starting from 2 September, aimed at improving the quality of accommodation in the private rented sector (PRS) and cracking down on rogue landlords. Initially covering four wards—Knights Hill, Streatham...

Propertymark, a leading trade body for the property sector, is urging the UK government to repeal Section 24 in the upcoming budget to avoid exacerbating the current rental housing crisis. Section 24, introduced by former Chancellor George Osborne, restricts landlords...

The UK government is set to introduce the Renters' Rights Bill in the House of Commons next week, which will ban landlords from evicting tenants without providing a reason, commonly referred to as "no-fault" evictions under Section 21. The proposed legislation, which...

Phil Spencer, the well-known TV property expert, is advising landlords to consider delaying the advertisement of vacant properties due to the current market conditions, especially with students entering the rental market as universities restart. He points out that...

Waltham Forest Council, a leader in issuing fines to landlords, has quietly extended its additional and selective licensing schemes from April 2025 to March 2030, according to data company Kamma. The announcement, made on 18 July 2024, has not been widely publicized,...

Generation Rent has commented that landlords leaving the private rental sector could provide an opportunity for renters to enter the housing market. This comes in response to Rightmove's report that the number of former rental properties being sold is at a record...