Letting agents broadly welcomed yesterday's housing white paper, which raises many of the significant issues the housing sector is facing, including the need to place greater emphasis on the private rented sector.
The government's Housing White Paper may have made many broad pledges aimed at the private rental sector, but it still remains vague on progress on the banning of letting agents' fees levied on tenants in England.
The Residential Landlords Association has made a last-minute plea for buy to let investors to remain central to the government's plans for the private rental sector, set to be outlined in the long-awaited Housing White Paper this morning.
There's bad news for the government in the form of house building targets on the eve of its long-awaited Housing White Paper - there's been a two per cent drop in new home registrations in the past year.
The head of MartinCo, the country's largest franchise agency group, says the government's buy to let tax changes and lettings fee proposals do not significantly impact the fundamental drivers which will lead to rental sector expansion.
The number of second homes liable to pay stamp duty increased to 62,800 in the final quarter of last year, up from 56,200 in Q3 and 30,400 in Q2, suggesting that many people believe that investment in buy-to-let property is still worth pursuing.
The average tenancy deposit paid by tenants in England and Wales stands at £970.18, but in London the figure has reached a record-high of £1,831.14, on average, according to The Deposit Protection Service (The DPS).
The buy to let mortgage market has suffered something of a battering in recent months but now Post Office Money is launching a new range of products on Friday, aimed at first-time landlords or those with small portfolios.
Gross mortgage lending reached a remarkable £246 billion in 2016 - that's 12 per cent higher than the previous year and the highest annual gross lending figure since the economic downturn began in 2008.