Tag Archives: income
Poll suggests 40% of landlords set to raise rents if they have to pay agent admin fees
Some 40% of residential landlords plan to increase rents if they are left to pick up the cost of the ban on letting agents charging fees in England, a new poll has found. Only a third of the respondents questioned said that they would definitely not raise their rents, meaning that potentially two thirds of […] The post Poll suggests 40% of landlords set to raise rents if they have to pay agent admin fees appeared first on PropertyWire . Continue reading →
Letting agent fee ban will lead to higher rents, industry warns
The decision by the Chancellor of the Exchequer to ban letting agent’s fees in England and Wales could backfire and end up leading to rent rises, according to the industry. Philip Hammond announced in his autumn statement that the ban will help 4.3 million households in private rental housing and stop them being hit by […] The post Letting agent fee ban will lead to higher rents, industry warns appeared first on PropertyWire . Continue reading →
Average rents down across much of UK month on month in October
Rental growth continues to slow across Great Britain, driven by the South of England with average rents up by just 1% nationally year on year and falling month on month, the latest index shows. This was the slowest increase in October since 2010, meaning that the second half of the year has seen the market […] The post Average rents down across much of UK month on month in October appeared first on PropertyWire . Continue reading →