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Lettings

With two new Housing Ministers and a new PM: What is in store for the Private Rented Sector

As the summer defined by record-breaking heatwaves being followed by torrential rain and storms starts to draw to a close, we hope the autumn weather will be a little more predictable. However, it is just a matter of days until Boris Johnson’s brand-new Government returns to Westminster, and speculation is mounting about just what may happen between in the 59 days between the 3 ...

Tenant demand increase, as supply of rented homes falls

The most recent HomeLet Rental Index released this month shows that rents across the UK have risen by 2.3% versus the same time last year; this is up from 1.8% in June. Meanwhile, our own data from June revealed that there has been a staggering 23% surge in the number of tenants looking to rent compared to the same time last year, however this is not being matched by supply - w ...

Top tips for renting at University

The start of the first semester is not too far away, hopefully you (or your family member) has got a place at one of their chosen universities and are now looking forward to life as a fresher!  There will be a lot to prepare for the start of the first semester.  What you may not know, is a lot of first year students look for housing off campus for the second year as early as th ...

When it’s time to say goodbye: A landlord’s guide to evictions

It’s inevitable that all tenancies must come to an end. In many cases, the tenant will call time – and this could be for a variety of reasons. Maybe they’re in a student home and their studies have ended; sometimes the tenant needed somewhere temporary to live whilst their own home was being built or renovated; or perhaps it is simply time to move on. Once the initial tenancy ...

Rents continue to rise whilst property prices continue to slow

The average rent in the UK is now £941 per month, up by 1.8% (£17) versus the same time last year The region with the largest year-on-year increase is Northern Ireland, showing a 4.7% (£30) increase on the same time last year When London is excluded, the average rent in the UK is now £781 per month, this is up by 1.8% (£14) on last year Average rents in London are now £1,611 ...

When and how to increase rents

The Private Rented Sector continues to be the go-to tenure for people of all generations, with an estimated 20% of all households privately renting a home. The sector used to be synonymous with low quality, and student housing - but renting a home has become the first choice for a growing number of older renters, particularly if they value ease and flexibility. According to th ...

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