Legal & General has announced its first investment in the growing UK Build to Let sector with a specific project in Walthamstow and a general pledge to invest up to £1 billion.
The surge in private renting in recent years shows that purpose-built property to let is needed badly according to the British Property Federation.
The English Housing Survey - which housing minister Brandon Lewis says has an “excessive” cost at £4m a year - has received a ringing endorsement from landlords.
The proportion of England’s households that now privately rent has soared to 19 per cent, doubling in the past decade.
The Residential Landlords Association claims that Liverpool - which last week announced the country’s largest landlord licensing scheme - has cut the department that would police the scheme by up to 25 per cent.
The London region of ReMax has become what is thought to be the first agency to accept digital currency for property rentals, allowing clients to pay in Bitcoin, Litecoin or Dogecoin.
The Property Redress Scheme, one of three official redress schemes for letting agencies, has set out two guidance notes for agents regarding fees.
The Association of Residential Letting Agents says more regulation for the rental sector and more appropriate taxation across the whole property industry are two key demands in its ‘2015 manifesto’ ahead of the May general election.