UK Mortgage & Property Related News
The property industry is about to enter a period of profound reform. The programme of Renters’ Rights will reshape the responsibilities of landlords, tenants and agents, creating new expectations, stricter compliance requirements and a sharper focus on fairness and accountability.
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The question has been whispered in landlord forums, debated in coffee shops, and tossed about in property podcasts for years now: is buy to let dead? We suspect the answer isn’t so tidy.
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Most UK buy to let landlords plan to keep their rental homes over the coming year, showing renewed confidence in the private rented sector, a survey reveals.
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A government official has said that the long-awaited implementation dates for specific measures the Renters Rights Bill won’t be released until the legislation formally becomes law.
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The Decent Homes Standard and Awaab’s law will cause increased costs for landlords and major disruption for tenants, warns industry body.
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Buy-to-let fixed rates have dropped to their lowest points since September 2022 and choice rose to a record high.
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Monday will see the Renters’ Rights Bill return to the House of Commons for ‘ping pong’, the final stages before it moves into law.
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Government business managers have agreed the date for the final stage of the Renters Rights Bill to be considered by MPs.
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With Parliament in Recess for the summer, the Renters’ Rights Bill is now set to be passed into law in early September.
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Some residential landlords quitting the PRS appear to have moved their investments into the commercial sector, particularly offices.
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