All PRS articles
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News
Scottish government launches consultation on rent controls
Rent controls, joint tenancies and protections during the eviction process are among the policies up for review under the Scottish government’s consultation on the rental market, launched last week.
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Online
Moorfield launches UK REIT to buy homes for rent
Moorfield Group has launched a fund that plans to invest £500m in the residential rental sector.
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News
Sunak scraps MEES requirement for residential landlords
Prime minister Rishi Sunak has announced that government has scrapped requirements for residential landlords to meet minimum energy efficiency standards (MEES).
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Online
Rents rise by 12%, passing £1,300 average for first time
Residential rents rose by 12% in the year to August, passing £1,300 for the average letting for the first time, according to estate agency Hamptons.
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News
Cassidy Group acquires site for third Nottingham PBSA scheme
Cassidy Group has acquired a freehold site in Beeston, Nottingham for its third purpose-built student student accommodation (PBSA) development in the city.
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Online
InterBay closes buy to let lending deal
InterBay has completed a remortgage deal allowing a property investor to pay off its development loan on 28 units above a retail parade in Hemel Hempstead.
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News
BPF warns Khan over rent control proposals
The British Property Federation (BPF) has called for caution after mayor of London Sadiq Khan renewed his calls for a rent control policy in the capital.
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News
PRS market sees loss of 400,000 homes since 2016, says CBRE
The UK’s private rented sector (PRS) has lost around 400,000 rental homes since 2016, according to new research from CBRE.
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News
Gove green-lights controversial landlord licensing scheme in Nottingham
Housing secretary Michael Gove has given the green light for Nottingham City Council to proceed with its new controversial selective licensing scheme.
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News
Cain and Starwood agree £535m loan for Wood Wharf development
Investment firms Cain International and Starwood Capital Group have agreed to provide a £535m loan to the Canary Wharf Group to support the development of its Wood Wharf residential scheme in London.
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Online
PRS REIT posts strong rise in rental value
The PRS REIT has posted a 15% rise in rental values across its portfolio, the group told investors in an update for the fourth quarter to the end of June.
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Online
PRS REIT completes refinancing
PRS REIT has completed the refinancing of its £150m revolving credit facility (RCF) with The Royal Bank of Scotland and Lloyds.
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Online
Grainger achieves record occupancy as rents continue to rise
Grainger, the UK’s largest listed residential landlord, has revealed its rents have risen 7.1% over the year so far and that more people than ever are living in its homes.
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Online
Savills IM strikes £50m off-market BTR deal
Savills Investment Management has acquitred two single-family housing development sites in the Midlands in a forward-funding deal.
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News
PRS sector at risk of losing 735,000 properties, says NRLA
The private rented sector (PRS) is at risk of losing up to 735,000 homes due to high tax rates, according to the National Residential Landlords Association (NRLA).
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Online
Watkin Jones set for £500m-plus of deals as forward funding returns
Watkin Jones is set for more than £500m of forward funding deals after failing to secure any during the first half of its financial year, it can be revealed.
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Online
Amro enters joint venture with Japan’s NTT to fund London co-living scheme
Amro Partners and NTT UD Europe have formed a joint venture partnership to fund development of The Rex co-living project opposite Kingston train station in west London.
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Online
PfP Capital appoints fund manager
PfP Capital, the social value estate fund manager, has appointed Jamie Younger as fund manager.
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Online
Grainger produces bumper figures as rental boom continues
Grainger, the UK’s biggest private landlord, has posted a bumper set of half-year figures as the rental market continues its post-pandemic boom.
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News
Renters Reform Bill blamed by landlords exiting market
The upcoming Renters Reform Bill (RRB), has been cited as a key reason for private landlords selling their properties, according to research conducted on behalf of Property Week.