There is so much happening which has a negative impact on private landlords at the moment and so much in the pipeline. But it is important to keep an eye on the whole picture and balance the negative aspects of our business with the positive changes which will be good for the whole PRS.
No one was more surprised than me when the announcement came to say that the Renters Reform Bill would get its second reading on Monday 23rd October. Between the party conferences and the recess periods, it was very unlikely that it would be added to the list for debate before the new year and yet […]
As the nights become more gloomy and house prices begin to frost, the government have provided some much needed warmth to the hearts British of landlords. The government recently acknowledged the need to reform the court system prior to abolishing Section 21 eviction notices. In effect, delaying the abolition of ‘no-fault’ evictions indefinitely.
Whether we offer “all-inclusive” rent (usually HMO rooms) or our tenants pay for their own heating we need to recognise that winter energy bills will have an impact on our rentals. The dreaded damp and mould season is about to begin and it’s important that we do our best to avoid the health risks and […]
Housing Loss Preventing Advice Service “From Tuesday 1 August 2023, the new Housing Loss Prevention Advice Service (HLPAS) commences across England and Wales.
The demand for rental properties has skyrocketed in recent years, as potential tenants encounter fierce competition to secure their ideal homes.
The outlook for UK house prices is looking increasingly bleak.
As Shakespeare once wrote, ‘not all that glitters is gold’. Whilst legislative text is perhaps the furthest you can stray from Shakespearean prose, the Scottish Government would do well to take heed of such wisdom. The governments’ Cost of Living (Tenant Protection) (Scotland) Act 2022, which introduced a range of measures to regulate rent increases […]
So you have a letting agent looking after one of your properties. Your tenant has paid that agent their rent, the agent has deducted their fees and paid you what’s left, leaving a lesser sum in your bank account.
Location, location, location. This phrase is often used in the property market to emphasise the power a property’s location has in influencing its value (and potential profitability if you’re a landlord.)
Most Britons will by now be aware that the UK, and for that matter most of the developed world, are experiencing a cost-of-living crisis. The repercussions of Covid driven damage to international supply lines, generous government fiscal policy and Russia’s decision to invade Ukraine have caused prices to skyrocket. Inflation increased to a 40-year high […]
The UK rental property market is facing an unprecedented crisis.
Rates, rates, and more rates. So much of our daily lives and economic well-being is underpinned by interest rates and their direction of travel. Interest rates directly influence the cost of borrowing, including the cost of mortgages. As interest rates and corresponding mortgage rates have risen over the past 6-12 months many landlords and property […]
As a landlord, one of your primary goals is to maximise the return on your investment. Traditionally, HMOs (Houses in Multiple Occupation) and student lets would be the go to option given the higher potential to generate rental income. However, there are also several reasons why many landlords steer clear of HMOs and student lets, […]
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