The annual report from The Property Ombudsman, Christopher Hamer, reveals a huge rise in general public enquiries and specific ‘followed up’ cases against lettings and sales agents.
Landlords are remortgaging to take advantage of the widest range of products in recent years and to prepare for expected interest rate hikes.
Although landlords with properties in London are enjoying substantial capital appreciation their rental yields, even in prime areas, remain relatively low according to Knight Frank.
Confusion over how rent arrears will be tackled under the Universal Credit has prompted landlords to reduce the number of properties they let to welfare recipients according to research from the British Property Federation.
A critical benchmark for the lettings sector - the cross-over of average earnings growth and rent rises - may take place this month according to LSL Property Services.
Richard Ashton, familiar to many within the industry in his role as communications and policy manager for the Residential Landlords Association, has died of cancer aged 40.
A 23-page ‘note’ written by officers at the House of Commons library has been released, giving details behind the government’s decision not to regulate letting agents but instead to oblige them to join a redress scheme.
A legal consultancy says government plans to increase court fees from later this month are “extortionate” and could force landlords into trying to beat the increase deadline.