Crowdfunding for rent up 60% as tenants face affordability crisis
Rent-related crowdfunding campaigns in the UK have increased by 60% since 2022, according to data from GoFundMe, with more than 100,000 people per month now contributing to help others meet…
Rental arrears reach record high of £2,281 in Q1
Average rental arrears reached a record £2,281 in the first quarter of the year, according to new data from deposit alternative provider Reposit, as tenants continued to face elevated living…
Buy-to-let investors shift to higher-yield strategies
Buy-to-let landlords are increasingly adopting professional business strategies and targeting higher-yield investments to offset rising costs from taxation, compliance requirements and interest rates, according to Daryl Norkett of Shawbrook Bank.…
First-time buyers overestimate deposit requirements
A significant proportion of prospective first-time buyers are delaying property purchases due to misconceptions about minimum deposit requirements, according to research from Mortgage Advice Bureau (MAB). The broker’s survey of…
Tribunal overturns £24,500 HMO penalty in ‘rack rent’ case
The Upper Tribunal has overturned a £24,500 penalty issued to a landlord by Waltham Forest Council, ruling she was not in legal control of a property operated unlawfully as a…
Estate agency AI tools face scrutiny over costs and risks
Property technology providers are facing questions over the capabilities and true costs of artificial intelligence tools being marketed to estate agents, according to industry analysis highlighting concerns about transparency and…
Council search delays reach 92 days in some areas
Property transactions across England and Wales are facing delays of up to three months due to extended Local Authority search turnaround times, according to research by House Buyer Bureau. The…
Local authority search delays reach 92 working days
Local authority search wait times have extended beyond four months in some parts of the UK, with industry figures warning that prolonged delays are contributing to property transaction failures. Bracknell…
Think tank proposes rent controls with tax reforms
The Joseph Rowntree Foundation has proposed a system of rent controls combined with significant changes to landlord taxation, claiming the dual approach could reduce housing costs for tenants without triggering…
Period flats across UK listed from £143,000 to £1.55m
Five art deco and modernist apartments have been listed for sale across England and Scotland, with prices ranging from £143,000 to £1.55 million, according to property listings. In Glasgow, a…