This week, from September 30th to October 4th, marks the return of Love to Rent Week, an annual event that raises awareness of the growing Build to Rent (BTR) sector.
LRG says that changes in tax and legislation will mean big portfolio landlords and build-to-rent are the future of PRS.
A mass sell-off is currently underway in the landlord sector, and it only looks set to increase. EPC requirements, The Renters Rights Bill, mounting financial pressures, the list of reasons goes on.
The Bank of England has held the interest rate at 5.0%, which was expected but could still come as a disappointment to some mortgage holders.
Homebuyers are benefiting from mortgage rates dropping to a six-month low.
The Renters’ Rights Bill was published today (11/9/24) and introduces a series of reforms designed to increase protections for tenants while maintaining a balance that allows landlords to manage their properties effectively.
The upcoming Renters’ Rights Bill should encourage landlords to sell to one another, or to their tenants, according to tenant campaign group Generation Rent.
After breaking records in July, rents remained sky high in August - topping the £1,400 threshold for the second month in a row.
- House Price Index: August 2024
- Manchester Is Giving London A Run For Its Money
- Why Invest In Commercial Property?
- Property vs Pension
- Why Britain’s Historic House Price Booms Are Over
- How To Get On The Property Ladder As A First Time Buyer
- Landlords Would Leave Sector If Rent Controls Were Introduced
- Cost Of Renting Dramatically Rises In July