ARLA Report Fewer Landlords Raising PRS Rents The Association Of Residential Letting Agents (ARLA) have reported that the number of letting agent members reporting PRS rent increases has dropped for the first time this year. It was widely feared that many landlords would be forced to increase PRS rents in order to mitigate the abolishment [...]

Average Rental Prices Drop As Yields Remain Steady New data published by Your Move and Reeds Rains shows that average monthly rental prices in England and Wales have fallen on a monthly basis for the first time since March 2015, with the average national monthly rental price down by 0.1% in August, dropping from £804 [...]

Over 450,000 Cannabis Plants Seized By Police In 2014 New figures recently released have revealed the extent of cannabis cultivation in the UK, affecting both landlords in the private rental sector (PRS) and social housing landlords. The analysis of drug seizures in England and Wales in the 2013/14 tax year as recorded by the ONS, [...]

Landlords Can Still Do More For Their Tenants Financial Health As Property Prices Continue To Increase The latest official property price data released by the Office for National Statistics (ONS) shows that UK property prices have shown an annual increase of 9.6% since the same period last year and property prices were also 7.4% on [...]

Rents Still Increasing On New Tenancies Regardless of Political Promises According to new data gathered from the latest Quarterly Lettings Index conducted by Countrywide, average rents for new tenancies in private sector rental properties increased by 4.5% in the first quarter of 2015 to reach an average monthly price of £894 (GBP), an increase of [...]

Deregulation Bill To Include Changes To UK Housing Legislation Following on from the previous news report published on 3rd March, concerning changes to UK housing legislation there are plenty of industry concerns surrounding the introduction of even more legislation for the UK’s private rented sector, (PRS). UK housing legislation looks likely to change in the [...]

A Brief Guide To The Tenant Eviction Process Every private rental sector landlord wants to avoid the nightmare of housing, or even worse, evicting bad tenants, but it is against the law for the landlord to take matters into their own hands as there are legal processes that must be followed if landlords want to [...]

Tenancy Deposit Disputes Can Be Avoided With Tenant Liability Insurance The Dispute Service, who are the operators of the Tenancy Deposit Scheme (TDS) in England and Wales, claim that tenancy deposit disputes between landlords and tenants increased to almost 9,500 over the course of the year and that on average, the amount in dispute under [...]

Labour Proposal For Longer Tenancies May Force Landlords To Sell Up New proposals put forward by the Labour party pushing for longer assured short-hold tenancies in the private rented sector could see PRS landlords selling off rental properties due to increased pressure put on them by their buy to let mortgage providers. Many buy to [...]

Weather Warnings Issued For This Weekend Landlords are being warned to make sure that their rental properties are properly insured and ready for worsening weather conditions as forecasters are predicting severe weather and a sharp drop in temperatures this weekend as Autumn finally takes hold. Met office forecasters are predicting that temperatures are set to [...]