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Property & Finance News

What the new Housing Secretary thinks of letting agents

The new Housing Secretary has a track record for criticising letting agency fees and calling for more licensing. Steve Reed replaced Angela Rayner as Housing Secretary last week. It comes after Rayner...

Propertymark urges Scottish government to review property taxes

The Scottish Government must do more to attract long-term investment in the housing market with an urgent review of property taxation before landlord investors go elsewhere, according to Propertymark. It follows...

Prime rents hit new high as tax hike threats impact supply

Officials drawing up the next Budget must remember the consequences of higher taxes, Knight Frank warns. Tom Bill, head of UK residential research for Knight Frank, warns that threats of higher...

Final opportunity for fairness as Renters’ Rights Bill returns

Propertymarkis urging MPs in the House of Commons to accept key changes to improve the Renters’ Rights Bill as it returns to Parliament this week. MPs will consider amendments to...

BTL landlords leaving PRS to hit 93,000 this year, says broker survey

The number of Buy To Let landlords leaving the rental market will hit 93,000 by the end of 2025, according to a survey by Black & White Bridging. Intermediaries surveyed...

Nervousness remains despite summer rent boost

Average advertised rents across Great Britain hit a new high of £1,577 per calendar month in August, 3% higher than last year. It comes as constrained supply continues to push...