Shock announcement by Lewisham council would see all landlords within its boundaries pay up to £750 every five years.
Surging rents have sparked protests and a referendum push. Lack of affordable homes is becoming a bigger political issue.
The average cost of a new let in Britain increased by 2.6% year on year to £977 per calendar month with growth driven by areas in the south of the country, although Scotland also recorded a strong rise, the latest index shows.
The government has banned agencies from ripping off tenants – but there is evidence that rents are rising to offset the losses
If people renting a home continue to do so and not move onto the housing ladder at present rates then the UK will see more renting than owning a home by 2039, according to new research.
Higher rents are reducing the financial gains from moving to better paying parts of the country, and mean that young people are less mobile than they were 20 years ago, according to new research.
The Tenant Fees Act 2019 (Act) has recently been enacted and is due to come into full force on 1st June 2019. The key provisions of the Act restrict the kinds of payments that landlords and letting agents can require and prohibit certain arrangements in connection with the letting of housing in England.
Nottingham has seen the largest uplift in residential rents since the UK voted to leave the European Union in 2016 while London recorded the biggest fall, new research shows.
Young people are being forced into smaller rented homes because of the cost and again if they buy due to the high price of property in the UK, new research shows.
Investment into the UK’s purpose built rental accommodation sector is set to reach £146 billion by 2025, with money coming in from the United States and Canada, new research shows.
The average rent in Scotland increased by 1.7% in the 12 months to April 2019 to £581 per calendar month, led by growth of 3.6% in the Highlands and Islands, the latest index report shows.
Rents in the UK’s private rented sector increased by 1.2% in the 12 months to April 2019, unchanged from March 2019, according to the latest official figures.
It may actually make more financial sense for older people to rent rather than withdraw equity from their properties, according to Girlings Retirement Rentals.
The average rent paid for a property in the UK now stands at £1,218, up by 0.96% in the 12 months to April 2019, the latest lettings index shows.
Legal & General on Tuesday backed its biggest build-to-rent deal after snapping up land for a £500 million project in Wandsworth in a bid to help ease the capital’s housing crisis.
Monthly rents continued to increase in most of England and Wales in April with decreases in the North East and South West, the latest monthly index shows.
Average rental values in prime central London continued to rise on an annual basis in early 2019 as a result of declining levels of supply, according to the latest residential real estate analysis.
People renting will have more choice in where they live and greater security over their home through a £30 million investment from the Building Scotland Fund, it has been announced.
Rents in the private rented sector in Scotland increased by 1.8% in the 12 months to March 2019 to an average of £580 per calendar month, according to the latest index figures.
Rents in England Wales fell by 1% in the 12 months to March 2019 and barely changed month on month, taking the average to £860 per month, the latest index shows.
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