New Government Covid Rent Arrears Fund Welcomed, But May Not Be Enough
Following months of pressure from various bodies representing landlords and tenants, the UK government has provided new funding for local authorities across England to support tenants who have fallen into arrears due to the effects of the Covid-19 pandemic. The £65 million fund will be allocated via local councils to ensure vulnerable people living in rental accommodation will not end up homeless this winter due to financial problems related to the pandemic.
PRS Tenant Demand Hits Record High in July
As more typical activity returns across the UK, a recent industry survey shows that demand from tenants for homes in the private rental sector (PRS) surged in July 2021 to the highest level on record.
Property Bodies Warn Over Government Benefit Cut Plans
As the UK begins to enjoy some normality after 18 months of Covid-19 fears and restrictions, the government is continuing to withdraw financial support from a variety of areas.
John Lewis' Build to Rent Plans Move Forward
As the UK's Build-to-Rent (BTR) industry continues to expand, retailer John Lewis has thrown its hat into the ring and is moving forward with its plans to build 10,000 rental homes within the sector.
PRS Reform Plans Move Forward as Industry Body Attends Govt Talks
As the UK government attempts to look ahead to life without restrictions, it is once again moving forward with discussion on reforms to the country's Private Rental Sector (PRS).
Virtual Viewings and Community Living, How the UK's Rental Market is Changing
As England moves another week towards further easing of coronavirus-related restrictions, recent reports highlight that the way in which the lettings industry operates and tenants engage with it, are changing.