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Controversial landlord made bankrupt
Nigel Russell, a well-known and controversial landlord from Liverpool, has been declared bankrupt by Liverpool County Court. The bankruptcy application, started in 2021, was granted…
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New Research Reveals Real Estate Is One of the UK’s Fastest Growing Sectors
A new study using Companies House data has revealed that 109,570 new businesses in Real Estate were founded in 2021, the third highest across all…
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Herts letting agent closes doors
Letting agent Pendley Estates, with branches in Kings Langley and Bovingdon, has ceased trading. Reports suggest that at least 200 landlords will be among its…
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House sale numbers back to pre-epidemic levels
Although house prices suggest a booming market, the actual number of transactions in January was down on January 2021. The conclusion has come from the…
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Large London rental portfolios change hands
BauMont Real Estate Capital and its operating partner Addington Capital have acquired a £99m residential portfolio from a private investor. In total the portfolio comprises…
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Councils chided for poor rental complaints records
Most local authorities in England do not accurately record the number of private rented sector tenure complaints they receive. The charge comes from the National…
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House price boom may soon be over
It is likely the housing market will slow this year, the Nationwide has concluded. Its latest House Price Index showed January prices racing away, with…
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Right to rent guidance updated
EU, EEA and Swiss citizens now all have had to provide evidence their right to rent, the Home Office has re-iterated in updated guidance. Right…
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Covid problems causing landlords to sell up
Covid has made the rented property availability crisis worse, the National Residential Landlords Association has concluded. Surprisingly, only one in four private landlords faced rental…
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Private rent rising at below inflation levels
Average private sector rents increased by less than the rate of inflation in the year ended December 2021, the Office for National Statistics has reported….