News Updates

UK rental sector ranks well in global housing affordability index The UK’s private rental sector performs strongly in the new Forever Renter Global Index, showing moderate cost pressures and ample living space compared to other

Tenant Fraud Risks Expose UK Landlords to Billions in Losses Research estimates tenant fraud could cost the UK private rented sector up to £4.1 billion annually, highlighting growing challenges for landlords in verifying tenant identities

Mould remains a year-round issue for landlords and tenants Mould and damp problems persist throughout the year in UK rental properties, posing significant health risks and compliance challenges for landlords. Experts warn that moisture issues

Agent fined for late electrical safety repairs at rental property A letting agency was fined £7,500 after safety works on electrical defects at a rented home were completed 82 days past the legal deadline, following

Private equity firm acquires major UK online lettings platform OpenRent OpenRent, a leading UK DIY lettings agency platform, has received a majority investment from global private equity firm CVC. The deal aims to support OpenRent’s

Court upholds fine for landlord over electrical safety breaches West Suffolk council’s £7,500 fine against a landlord for failing to address urgent electrical safety defects within the legal deadline has been upheld by a court,

Landlords urged to act against rogue commercial tenants selling illegal tobacco Oxfordshire trading standards warn landlords to conduct thorough tenant checks and respond swiftly to concerns about illegal tobacco sales from commercial properties to avoid

Landlords face £30k losses from poor property maintenance Landlords who neglect maintenance risk reducing their property values by up to 15%, potentially losing over £30,000 on average. The impact varies regionally, with London landlords facing

Bolton Council sets £1,211 HMO licence fee for landlords Bolton Council has introduced a new licensing scheme for houses in multiple occupation (HMOs), charging landlords £1,211 per property for a five-year licence. Non-compliance risks fines

OpenRent secures majority investment from global private equity firm OpenRent, the UK’s largest DIY lettings platform, has sold a majority stake to global private equity firm CVC. The deal aims to fund OpenRent’s growth and