Recruiter spells out stark reality of industry employment after lettings fees ban

As well as 4,000 back-room admin jobs, many negotiators will exit the industry as they face more work for the same pay, says Property Personnel. The lettings fees ban will lead to an exodus from the industry on top of the thousands of backroom jobs that will have to go when the new Tenant’ Fees [...]

By | 2018-01-14T10:56:50+00:00 September 29th, 2017|Categories: Landlord, Lettings, Tenants|0 Comments

Industry anger erupts at Corbyn’s pledge to introduce rent controls

The announcement was described as “a disaster for tenants” by the Residential Landlords’ Association policy director David Smith. “History has proved that they stifle investment and reduce supply; making it much more difficult for tenants to find somewhere decent to live. Contrary to suggestions, most landlords have one or two properties, which are an investment [...]

By | 2017-09-28T16:01:22+00:00 September 28th, 2017|Categories: Landlord, Lettings, Tenants|0 Comments

CORBYN PLEDGES RENT CONTROLS UNDER LABOUR GOVERNMENT

  Jeremy Corbyn's speech to the Labour Conference has included a commitment to introduce rent controls. This represents a further attack on the private rented sector and will drive down property standards for tenants.   The Labour Party clearly hasn’t learnt the lessons of history. The last time rent controls existed the private rented sector [...]

By | 2018-01-14T10:56:50+00:00 September 27th, 2017|Categories: Landlord, Tenants|0 Comments

Housing minister rules out rent controls for rest of this parliament

Housing minister Alok Sharma has told a major residential conference that rent controls will definitely not be a policy of the government for at least the duration of the current parliament. Sharma, speaking at the Resi Conference in south Wales, told delegates that he was aware recent legislation may have led some to believe such [...]

By | 2018-01-14T10:56:50+00:00 September 14th, 2017|Categories: Landlord, Lettings, Tenants|0 Comments

MPs wary of ‘unintended consequences’ of fees ban

The majority of MPs speaking at a House of Commons debate yesterday acknowledged they are wary of the 'unintended consequences' of a blanket ban on letting agent fees. Several MPs referred to the potential implications for small businesses and low income or non-UK tenants, as well as the prospect of rising rents and job losses. [...]

By | 2018-01-14T10:56:50+00:00 September 7th, 2017|Categories: Landlord, Lettings, Regulations, Tenants|0 Comments

Monthly UK Housing Report – July 2017

Summer Slump as Supply Of Houses Available To Buy Dips The supply of homes available to buy last month was at the lowest level recorded for the month of July since 2002 Demand for available housing also decreased The number of properties sold to first-time buyers dropped as well Supply of properties The number of [...]

By | 2017-09-05T08:49:09+00:00 September 5th, 2017|Categories: Buying, Sales, Selling|0 Comments