Lettings Archives • PrimeResi

News

London

London Mayor calls for mandatory register to enforce short-term letting rules

24th Apr 2019 06:43

Central London councils and the Mayor are looking to quell the growth of Airbnb-style short-let properties in the capital, by imposing a new ‘mandatory registration system for anyone wishing to rent out a property for short term let’

News

London

London asking rents have jumped by 8.2% in the last year

18th Apr 2019 06:20

by PrimeResi

Asking rents in the capital are at an all-time high, reports Rightmove

News

Opinions sought on new money-laundering rules for high-end letting agents

17th Apr 2019 09:08

by PrimeResi

The EU’s Fifth Money Laundering Directive is slated to come into play in January, requiring UK letting agents dealing in rents above €10k per month to carry out AML checks on their clients. A Government consultation has been launched to assess what impact this might have on the industry

News

London

Belgravia’s lettings market builds up steam

17th Apr 2019 06:59

by PrimeResi

Rental deal volumes in the exclusive PCL enclave have been down of late, but viewing levels and new applicants are up by a third or more…

News

National

£1m+ deals rocket despite a ‘lacklustre’ wider market

16th Apr 2019 07:30

by PrimeResi

Twenty Ci reports a 66% year-on-year jump in £5m+ property transactions, while the overall number of new instructions has dwindled and property prices have fallen in most regions

News

London

London’s buy-to-let investors ditch the capital as tax hike bites

15th Apr 2019 06:23

by PrimeResi

2016’s stamp duty surcharge has had a noticeable effect on the behaviour of landlords based in London, suggests Hamptons, with increasing numbers now looking further afield in search of lower entry costs and higher yields

Views

National

Serving Notice on Section21: On the consequences for landlords

15th Apr 2019 06:06

by Peter Hermon-Taylor

As the Government announces its intention to abolish the Section 21 process, otherwise known as the ‘no-fault eviction’, Peter Hermon-Taylor explains the background, key points and potentially far-reaching consequences for landlords…

News

National

Government to ban ‘no-fault’ evictions in ‘seismic’ rental sector shake-up

15th Apr 2019 06:05

by PrimeResi

James Brokenshire announces Government’s intention to abolish ‘no-fault’ Section 21 evictions, in what’s being billed as the ‘biggest change to the private rental sector in a generation’

News

Scotland