Tag Archives: lettings
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 →
Asking rental growth slowing in UK, especially London and South East
Rent growth in the UK is slowing, particularly in London and the South East, but up overall 3% in October year on year, the latest index shows. New tenancy rents were on average £902 per month, according to the HomeLet rental index which suggests that landlords appear to be balancing affordability with returns. It was […] The post Asking rental growth slowing in UK, especially London and South East appeared first on PropertyWire . Continue reading →
Cleaning, damage and decoration cause most disputes in UK rented sector
New research from the Tenancy Deposit Scheme annual survey reveals that cleaning issues make up 57% of all disputes in the private rented sector in the UK. This is more than damage to fixtures and fittings which account for 51% of disputes between landlords and tenants and interior decoration which makes up 32% while rent […] The post Cleaning, damage and decoration cause most disputes in UK rented sector appeared first on PropertyWire . Continue reading →