UK Mortgage & Property Related News
The private rented sector is set for one of its biggest changes in years. The Renters’ Rights Bill, which entered Parliament in September 2024 and is now progressing through the House of Lords, proposes to end fixed-term tenancy agreements for good.
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A co-creator of the Halifax house price index is warning that Angela Rayner’s Renters Rights Bill could destabilise the housing market.
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UK landlords should prepare for a shift in how they manage tenancies, given how the Renters’ Rights Bill is rapidly moving through parliament, according to Allison Thompson of property services group LRG.
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We’re at a crossroads in the UK rental sector. Economic pressures are building, regulatory reform is accelerating, and traditional ways of managing tenancy risk are quickly becoming outdated.
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All UK letting agents are required from today to check landlords, tenants and other clients against the UK’s official sanctions list.
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The Renter’s Rights Bill has moved to the report stage in the House of Lords, with landlords concerned that the legislation does not address the capacity of the courts to handle the banning of no-fault evictions.
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The Government has announced six dates for committee sessions in April and May as the Renters’ Rights Bill enters its final stages.
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First-time landlords are on the rise and motivated to join the market as rates fall, competition for homes is subdued and they see property as a safer bet than leaving their cash in savings or gambling on the stock market.
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More than one in ten landlords are being pushed out of the buy-to-market, according to new research.
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As the Renters Reform Bill works its way through parliament there should be much to engage advisers’ landlord borrower clients, and a lot of change to come.
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