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Rental supply and demand both down, according to ARLA

Tuesday 26th January 2016

A seasonal lull kicked in as the supply of available rental properties dropped, alongside falling demand, according to the Association of Residential Letting Agents (ARLA) December Private Rental Sector report...


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Starting a family “unaffordable for average London household”

Wednesday 27th January 2016

London is off-limits to the average couple who want to start a family, according to research from Generation Rent. The group has launched a campaign called Vote Homes 2016 which calls for a better deal for renters from the next mayor...


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Carney expresses buy-to-let concern

Wednesday 27th January 2016

Bank of England governor Mark Carney has once again expressed concern at the rapid boom in the buy-to-let market. Answering questions from MPs about potential risks to the economy, Carney said: “We think developments in the buy-to-let market have warranted heightened scrutiny and have done so for some time...


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Generation Rent calling for compensation for evicted tenants

Thursday 28th January 2016

Campaign group Generation Rent is calling for tenants who are served notice to leave a property to be compensated by landlords.  The group claims the lack of stability in private rented housing means more than a quarter of tenants can expect to lose their home through no fault of their own...


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Money site claims landlords sitting on £514m of unprotected deposits

Thursday 28th January 2016

Financial website money.co.uk has claimed that 284,000 landlords have failed to protect tenants’ deposits, amounting to £514m in unprotected funds...


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Intermediaries split on BTL outlook

Friday 29th January 2016

Mortgage intermediaries are split on the prospects for further growth in the buy-to-let market this year. Brokers are positive about the health of the market but are increasingly concerned about the outlook for 2016, according to new research by NatWest Intermediary Solutions...


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NLA speaks out about councils’ bailiffs advice

Friday 29th January 2016

The National Landlords Association (NLA) has criticised local councils for telling private tenants to ignore eviction notices served by their landlords and to wait for bailiffs to turn up before moving out...


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Buy-to-let targeted as Scotland slaps extra 3% duty on 'additional homes'

Friday 18th December 2015

Scottish finance minister John Swinney is to introduce a 3% surcharge on the full purchase price of all ‘additional properties – buy to let and holiday homes – from 1 April 2016...


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More hints about buy-to-let crackdown

Friday 18th December 2015

The Bank of England Governor Mark Carney is the latest influential figure to hint that there may soon be additional restrictions on landlords’ abilities to obtain buy-to-let mortgages...


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Government poised to launch "farcical" buy to let mortgage consultation

Wednesday 16th December 2015

The government is poised to launch a consultation document which is expected to advocate further restrictions on buy-to-let mortgage lending. The formal consultation is expected to be launched within the next 72 hours although one prominent buy-to-let expert, Ray Boulger of independent mortgage broker John Charcol, has already been quoted as branding the exercise “a farce” because so much advance information has already been in the public domain...


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