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Landlords must be wary of rising tenant arrears

Challenging conditions for landlords and letting agents could cause rent arrears to rise and this scenario is something landlords should be wary of, according to RentalStep. The PropTech startup says that if rents continue to rise and wage growth remains stagnant, some tenants may find it more difficult...
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A record number of enquiries for houses with swimming pools

Online Estate Agency, House Network, has reported a record number of enquiries for houses with swimming pools. The report follows on from Britain experiencing one of the longest heat waves, questioning whether the country is going to continue to follow these extreme temperatures for the longer term. House...
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Jobs boom pushes serious rent arrears down 4%

Fewer tenants are falling into serious rent arrears thanks to the improving employment market, according to letting agents Your Move and Reeds Rains. In absolute terms, just 86,200 tenants across the UK are more than two months behind in their rent. This compares to 89,300 in the previous...
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UK housing market dips for first time in 12 months

Interest from UK house buyers has dropped for the first time since March 2015, as uncertainty continues to affect the market, according to the latest RICS UK Residential Market Survey.  Following the buy-to-let rush that preceded the 1 April tax rise deadline, and with continued uncertainty caused by...
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Cash is king in prime property purchases

Buy-to-let investors and second-home owners were behind three in five property purchases made in Prime London during Q1 2016, boosting the proportion of purchases made in cash, according to estate agent Marsh & Parsons’ latest London Property Monitor.  Accounting for 36% of all sales from January to March,...
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Housing Bill should also include rogue tenants list, says AIIC

The Housing and Planning Bill, which includes measures to tackle criminal landlords and letting agents, should also address the issue of problem tenants, according to the Association of Independent Inventory Clerks (AIIC). Included in the Bill are proposals to ban and fine criminal landlords and letting agents, introduce...
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