renting

Things to Think About Before Renting Property

Renting is becoming an increasingly prevalent living situation for individuals and families across the UK. Demand for rental homes had risen by 23% between November 2021 and 2022 , an increase precipitated by a number of factors – including hikes to both property values and mortgage rates, further pricing out first-time buyers.

Whether you are leaving halls of residence and living in...

Rental demand in decline

Rental demand drops as tenants tackle the cost of living crisis

Research from estate and lettings agent, Barrows and Forrester , has revealed that tenant demand has started to fall across England’s rental market, with demand down by as much as -29% in some parts of the country.

The Barrows and Forrester Rental Demand Index monitors rental listings across the nation, taking an average demand score for each English county based on the number of...

Westminster SW1

The cost of renting in London’s most prestigious political postcode - Even Liz Truss saved £7,000 during her time as PM

The latest research by London lettings and estate agent, Benham and Reeves, has revealed just how much it costs to rent in the most prestigious postcode in UK politics, Westminster’s SW1 postcode - home to No.10 Downing Street, with even Liz Truss saving almost £7,000 in rent during her stint as PM, despite it lasting just 44 days.

The research shows that when it comes to the...

Rent increases to slow

Property expert predicts rental surges will now slow as cost of living leads to boost in housing stock.

Rent rises could finally be set to slow down because more housing stock is becoming available due to the cost of living crisis, a property expert has warned.

A report last week revealed rents are outstripping inflation in more than a quarter of Britain's local authority areas.

According to Zoopla, prices have rocketed by at least 10.1pc in 102 council districts as tenants...

Rental fraud

An estimated £82.7bn worth of rental properties thought to be occupied by fraudsters

Market analysis from Ocasa , the specialist rental platform, reveals that almost 280,000 UK rental properties, with a combined market value of £82.7 billion, are thought to be occupied by fraudsters.

The rental market has long been a leading target for fraudsters, criminals, and money launderers. Previous research estimates that 5% of all rental stock is being let to criminals and...

Renting to friends and family – make sure you’re still friends by the end of the tenancy!

At this time of year many tenants enter the dreaded and stressful process of flat/house hunting.

As a landlord, you want to make sure that you are renting your property to someone you can trust and who will take good care of your property.

With the property market still very competitive and prime locations at a premium, renters may feel more comfortable renting from family...

Renting

New Renters Reform Bill Will Negatively Impact Social Tenants as Waiting List Time Rises

Housing Generation specialists, Forbes Solicitors have predicted an initial strain on social housing, and longer waiting time for those on the oversubscribed waiting list . [VC1]

The Renters Reform Bill is due to receive royal assent, meaning it will be approved by the monarchy and the law will officially be set into place.

On 16th June 2022, the Government released the ‘...

Here's how Londoners can slash their rent by 56%

How much can London’s renters save by moving away from the city centre?

After taking a hit during the height of the pandemic, the appetite for city living is returning to the capital, with previous research by Rentd revealing tenant demand increased during the first three months of the year.

This demand is also driving up rental values and the bargain rates on offer during...

UK’s first start to finish lettings platform raises at a £5m valuation

Rentd is the newly launched property platform that finds and secures tenants for landlords at a fixed fee of just £799 including VAT, only payable once let. That’s a considerable saving compared to the typical commission of £1,750 and one that can help boost buy-to-let profit margins following a string of government legislations designed to do the opposite.

This landlord is saving...

The TENANT stamp duty charge that could significantly cost renters if ignored

London lettings and estate agent, Benham and Reeves , has highlighted how the nation’s renters could find themselves paying significant penalties due to a little-known law that may require them to pay Stamp Duty Land Tax (SDLT) despite not actually owning their rental property.

SDLT has been a focus of the mainstream media ever since the government introduced a reprieve in 2020 to...

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