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New rent rise rules to tie up landlords and agents for months
2 days ago · Agents are facing a massive increase in rent rise challenges once the Renters’ Rights Bill becomes law in the spring of next year, warns Reapit’s Steve Richmond (main image). Even before the RRB becomes law, proptech company Reapit’s research found that over the number of fair or market rent cases brought before England’s Residential Property Tribunals has increased by almost 89%, from ...
Latest property news Archives - The Negotiator
5 days ago · Daily property news in the UK residential sector focused on estate agents, letting agents, property auctions and property managers.
Leasehold reform delays frustrate MPs and campaigners
5 days ago · MPs and campaigners are growing increasingly frustrated with the time taken to bring in leasehold reform, more than four months after an act was passed. The Leasehold and Freehold Reform Act was one of the only law changes that made it through the ‘wash-up’ in Parliament before the General ...
OnTheMarket reveals 27% increase in agents listing on site
5 days ago · OnTheMarket has had a ‘market-leading rate of growth’ since its acquisition by CoStar Group, the property portal has announced including a big leap in the number of agents uploading properties to its website. Over the last 10 months, it has seen a 212% increase in traffic and 348% growth in ...
Renters' Rights Bill to become law 'as soon as possible'
Oct 9, 2024 · The Renters’ Rights Bill which will provide a major overhaul of the private rented sector, is due to be debated in Parliament today. Deputy Prime Minister Angela Rayner will introduce the bill for its second reading with the Government claiming it will give “greater security and protections for millions of renters”.
Your guide to the main points in the Renters’ Rights Bill
Sep 16, 2024 · The Renters' Rights Bill, published by the Labour Government, aims to reform the private rental sector in England. It includes a ban on Section 21 evictions, a new ombudsman, a database of landlords, and stricter standards and enforcement.
First-time buyers see lower mortgage costs as bank says base rate …
Sep 16, 2024 · First time buyers and prospective homeowners with small deposits are now beginning to see lower mortgage rates. And the Bank of England will reduce its base rate to 3% from 5% within a year, according to a major bank. Nationwide and Clydesdale now both offer rates close to 5% for those buying a home ...
The Renters' Rights Bill: A legal view on what it means for …
Sep 17, 2024 · The Renters’ Rights Bill has begun its passage through Parliament after receiving its first reading, and is scheduled to become law next year.. We take a legal eagle’s look at the bill here with solicitors’ platform Lawhive, who analyse some of the most important measures in the bill.. The legal implications of banning Section 21 ‘no fault’ evictions
Nigel Lewis Archives - The Negotiator
Nigel Lewis is The Negotiator's Head of Content and a leading property market journalist.