Newport Property News & Updates


The Council of Mortgage Lenders (CML) has revealed its opposition to the introduction of rent controls. In a statement issued to FT Advisor, the organisation discussed the issue in response to plans that have been put forward by the Scottish National Party (SNP) in a consultation on the introduction of a new tenancy system. 
The total value of private rented sector (PRS) housing in the UK has exceeded £1 trillion for the first time. 
IMPORTANT UPDATE FOR LANDLORDS IN WALES, CHESHIRE, SHROPSHIRE, GLOUCESTERSHIRE AND HEREFORD!!!
The Tenancies Reform Bill, presented by Liberal Democrat MP Sarah Teather, aimed at preventing "revenge evictions", has failed to secure a sufficient number of votes to pass in Parliament. The Bill to protect tenants from retaliatory eviction failed after two Tory MPs, Philip Davies and Christopher Chope, "talked it out" of the House of Commons, effectively "throwing renters to the wolves",...
Freelancer Lets this week calls on the Government to regulate letting agent fees charged to tenants. Debbie Rayner, managing director of Freelancer, said: "We are aware that some local agents charge excessive fees to their applicants. In some cases the high fee deters viewers from taking a property, which not only prevents them from living in the property of their choosing but also leaves...
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