Rent levels have reversed a four-month downward trend, to stand 4.2% higher than a year ago.
Housing benefit tenants looking for private rental properties have soared over recent months, with demand heavily outstripping supply.
Smaller properties provide a better return than larger ones, with one- and two-bedrooms providing average yields of 6.8% and 6.4% respectively.
Half of landlords do not use agents, new research from an independent marketing consultancy has said.
The Association of Residential Managing Agents has made it clear it will fight on for the full regulation of letting agents.
A landlord who illegally rented out rooms in an unlicensed HMO has been ordered to repay more than £30,000 in housing benefit that he received for the flats.
A majority of private sector landlords do not believe George Osborne’s Budget will improve the private rented sector.
An important test case with implications for valuers, lenders and buy-to-let purchasers has been unexpectedly withdrawn from the Supreme Court.
Today the lettings industry is due to be discussed in the House of Commons – with the Government set to overturn an amendment for the full regulation of letting agents.
Industry bodies will be watching the outcome of today’s proceedings in Parliament with interest.
A mother and son have been sent to jail after conning lenders out of over £2m.
Average rents rose, rent arrears fell and lettings times became faster in the first quarter of this year, Countrywide has reported.
