Rental home news week 15

Action against abuses in temporary letting

The Bond Precaire Woonvormen (BPW) is sounding the alarm about the number of landlords using temporary leases in future renovation plans. In Amsterdam, for instance, BPW has six housing complexes in its sights where landlords are switching to temporary contracts, sometimes as early as eight to 10 years before the renovation will take place.

Departing permanent residents are replaced by residents who are given temporary contracts. If their temporary contract expires, they can often move on within the complex, with a new temporary lease. This prevents vacancy and leaves the landlord free to start renovation. Read full article in Dutch here…

Rents fall, but rental property in city even more expensive

In the previous quarter, almost a fifth less rental homes were available. Rental prices of free-sector houses in the five largest Dutch cities rose in the first quarter of 2023. Compared to the same period a year ago in Amsterdam, The Hague and Rotterdam, square metre prices rose by more than 4 per cent. In Eindhoven it was 2.3 per cent and in Utrecht 1.4 per cent. On average across the country, square metre prices actually fell by 1.9 per cent. Read full article in Dutch here…

Private investors put rental properties on sale

With the rent restriction in sight, private investors are selling their rental properties. In the four big cities, this accounts for 7 per cent of sold houses, according to research by the Kadaster and Volkskrant.

The tide is turning. Especially in the big cities, more and more of these new landlords are relinquishing their homes. A growing proportion of homes sold there are from the private rental market, according to figures collected by the Kadaster at the request of the Volkskrant. The homes are being taken out of rent and sold to people who will live there themselves as owners. Read full article in Dutch here…

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