A report published by The Lettings Industry Council claims abolishing Section 21 evictions will irrevocably change the private rental sector – and not in a good way.
A report published by The Lettings Industry Council claims abolishing Section 21 evictions will irrevocably change the private rental sector – and not in a good way.
Rent to rent has variously been described as “highly profitable” and “ethically dubious”, depending on how you feel about the practice. In this post we’re looking at everything you need to know about rent to rent.
For landlords, short-term rentals are a great way to make some extra cash. You can rent out a property for a few nights on an ad-hoc basis or treat it as a long-term business model. What many property owners don’t realise is the dangers of such rentals in the current pandemic.
We often get enquiries from people who use letting agents to manage their properties. When setting up Landlord Vision, if there’s an amount in your bank account which is less than the actual rent it’s hard to know how to put it into the software. Landlord Vision has a whole section for handling this.
A rental property is a big investment. Data from July shows the average cost of a property in the UK is £237,963, and it’s likely risen since then thanks to a post-lockdown buying frenzy. If you’re spending upwards of £200k on an investment property, it makes sense to look after it. You wouldn’t leave your own […]
The coronavirus pandemic has decimated the travel industry, with the number of tourists visiting from overseas down by 22%. Experts say tourist numbers could fall even further, by as much as 80% in as the pandemic rumbles on, so where does this leave short-term let landlords?
Buy to let property investment has changed significantly in the last decade. A combination of government tax changes and a general slowdown in the property market, means it’s no longer as profitable to own investment properties.
The Covid-19 pandemic has changed almost every aspect of our lives. From enforced lockdowns to panic buying in the supermarkets and working from home, 2020 has been a difficult year for all of us. Sadly, there are no signs life will be returning to normal any time soon!
HMO licences were introduced as part of the Housing Act 2004. They came into being as a way to protect people living in shared houses, which were often overcrowded with poor fire safety measures in place.
New data from Howsy suggests that demand for rental accommodation has risen by 13% in major UK cities.
Letting agents provide a valuable service to landlords. Managing one property with long-term tenants isn’t too difficult. Once you have several properties; it can easily become a full-time job. These days, landlords can choose between online letting agents and their traditional high street counterparts. Both have their pros and cons, so in this article, we’ll […]
There has been a rise in landlord property investment. In part this was due to an increase in investment activity during the start of the pandemic. As an SDLT exemption was put in place on properties worth up to £500k (which ended in March 2021), many investors took this as an opportunity to expand their […]
Landlords and tenants have been struggling since the pandemic hit. A mix of job losses and a moratorium on evictions has respectively cost landlords and tenants dearly. Data published by a lettings platform shows that in 70% of areas, the average rent has fallen since the country entered lockdown.
Unless the government throws another last-minute spanner in the works, from 20th September 2020, landlords can start serving eviction notices once again. From Monday 21st, the courts will reopen, and cases will once again be heard. There will be a significant backlog to get through before things revert to normal.