According to a recent Ipsos Political Monitor survey, 37% of those who took part anticipate a Labour majority in the next General Election, while 22% expect a hung parliament with Labour as the largest party.

A substantial surge in calls to leasing agents has led to staff spending more time than ever addressing phone inquiries. Agents are facing up to ten times the usual number of daily incoming calls in recent months according to Agent Rainmaker. However, these challenges can be alleviated through the adoption of technology-centric solutions.

New York has recently implemented new regulations for short-term lets, producing an immediate impact. This raises the question: to what extent should the UK government follow suit?

Typically, landlords must demonstrate a financial loss to make a claim from the tenancy deposit. Non-payment of utility bills by the tenant does not automatically translate to a financial loss for the landlord. If proper documentation of utility accounts and any arrears is maintained, these responsibilities remain with the tenant rather than the landlord.

Airbnb, a platform specialising in short-term rentals, has sparked controversy within the private rented sector by encouraging tenants to lease out their spare rooms. A previously conducted survey by Airbnb, now removed from their website, revealed that 80% of tenants seek additional income due to the escalating cost of living, proposing subletting as a viable solution. The platform even suggested potential benefits for landlords, such as reducing the risk of rent arrears.

Rent prices took a notable 11% downturn following the scorching summer as the market experienced a cooling phase in October. The latest report by the Goodlord Rental Index indicates a substantial drop in the average rent for new tenancies over the past month, aligning with the dissipation of the summer’s high demand.