Online lettings agency easyProperty says it has exceeded its overall fundraising target by 30 per cent raising £9.75m through a mix of crowdfunding and private investment.
A Cambridge landlord has been fined £10,000 and ordered to pay full costs of £2,500 for failing to remove hazards from an unsafe HMO in the city.
Renting - not owner occupation - will be the main tenure in over 100 constituencies within the next seven years, so playing a much bigger role than ever before in determining the outcome of general elections according to campaign group Generation Rent.
The Association of Residential Letting Agents has released the text of its evidence to MPs probing so-called ‘revenge evictions’.
This year’s average two per cent rise in rents in prime central London will be beaten in 20125 by a predicted 2.5 per cent rise according to one of PCL’s top letting agents.
A Conservative council criticised for introducing a licensing system for HMO landlords says the scheme is justified because in recent years 92 per cent of private rental properties inspected have failed basic health and safety checks.
A row has broken out over a proposal by yet another local authority to introduce a selective licensing scheme which would require private landlords owning properties in certain areas of the town to obtain a £600 licence to operate.
A Liberal Democrat MP is accusing landlords of conducting so-called revenge evictions and re-letting properties where “unsanitary and unsafe conditions – such as exposed electrical wiring, severe damp, or serious infestations – are ignored.”
Lettings franchise giant Martin & Co has entered into a five-year £5m loan facility, less than a year after being listed on AIM and raising £4m in the process.