Propertymark has urged London’s Mayor to crack down on short-term lets through licensing in a bid to tackle over-supply in the capital.
Only one in five (18%) landlords understand the Renters (Reform) Bill, while just 3% have read guidance surrounding the legislation, according to a new Propertymark poll.
Letting agents have blamed poor Scottish government policies for the growing number of councils declaring ‘housing emergencies’.
Short-let property owners in Cornwall, Edinburgh and Westminster had the most bookings in the UK last summer.
Letting agents have once again called on the Government to establish a network of dedicated housing courts to process evictions and help speed up the currently arduous, expensive and slow system.
Propertymark has welcomed the Welsh government’s commitment that private landlords shouldn’t have to refer tenants at risk of homelessness.
PRS organisations, forums and landlord groups have joined forces to launch the Housing Coalition, which aims to give the sector a voice and improve private rental housing standards.
Rental prices will continue to increase during the next three months, predicts agent Knight Frank which has revised its growth forecasts for 2023 to 6.5%, with a further 5% expected in 2024.
