There needs to be a tenfold increase in the number of homes that are built for private rent, and new home builders need to be relieved of their obligations to include ‘affordable homes’ on their schemes.
A housing association has joined the Tenancy Deposit Scheme after announcing that it is embarking on an ambitious expansion into the private rented sector.
An historic deal has been struck between a local authority and a pension fund to get more new homes build – some for sale and the others for private rent.
A private landlord has been fined a record £1.4m and warned that if he does not pay up within six months, he could go to jail for ten years.
High private rents are holding back Britain’s economic recovery, a policy maker at Shelter has argued.
Keystone Buy to Let Mortgages, a partnership between Mortgages for Business and Aldermore Bank, has reduced its rates on its five-year fixed mortgages by 0.55%.
Landlords of expensive properties in London are selling up, in advance of proposed annual taxes.
Landlords with rental homes in the London borough of Newham have been sent notices that they must license all properties.
The tenancy deposit protection scheme mydeposits, set up by the National Landlords Association, says it has been dealing with nearly a quarter more adjudications.
A new company has launched, providing information about home owners to anyone seeking that information – for example, property investors.