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Landlord News category

ARLA Launches Gas Safety Messaging Service

The Association of Residential Letting Agents (ARLA) is joining forces with the Gas Safe Register to send out gas safety messages to landlords and tenants in the residential letting sector.

By 2 min read

German Student Gives Up Rental Flat and Moves on to a Train

A young woman from Stuttgart became so despondent with life in rental accommodation that she swapped her rented flat for a monthly rail season ticket. So when other people disembark and head home to their rental property, Leonie Müller stays on board and settles down for the evening.

By 2 min read

Buy To Let Mortgage Deals Thin on the Ground

Buy to let finance has exploded in recent years, with a large number of high street lenders waking up to the fact that the private rental industry is booming. Consequently the number of buy to let mortgage products has increased considerably in the last five years.

By 2 min read

Landlord Campaign Groups

Budget proposals to limit tax breaks for landlords has not gone down well with landlords and property investors. Many are up in arms about the planned changes and as you might expect, some are ready to fight back.

By 2 min read

47% of Landlords Affected by Removal of Wear and Tear Allowance

According to the National Landlords Association (NLA), 47 per cent of landlords will be affected by the government’s removal of the annual wear and tear allowance. They are welcoming the changes as they say the new system will be fairer to landlords, but they are warning that some new landlords could be disadvantaged if they […]

By 2 min read

Landlords Expected to Evict Illegal Tenants

The government has announced new measures that give landlords the right to evict illegal tenants without the need for a court order. This follows on from previous announcements that landlords will be expected to check tenants’ immigration status before agreeing a lease; landlords who repeatedly fail to check their tenants’ status could end facing fines […]

By 2 min read

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Buy To Let: An Unconventional Route on to the Housing Ladder

It’s not easy getting on to the housing ladder these days. Unless you have a large deposit and a decent income, most lenders will not give you a mortgage. As a result, Generation Rent has largely been priced out of the property market in many areas of the country, particularly London.

By 2 min read

Cambridge Cracks Down on Rogue Landlords

Many local authorities struggle with the problem of rogue landlords, but Cambridge City Council is no longer willing to turn a blind eye. A Level Playing Field Councillors responsible for housing in the city are determined to crack down on rogue landlords.

By 2 min read

Tenant Damage is Increasing Says Agent

Some landlords will be familiar with the scenario of a filthy property at check-out and while the majority of tenants do look after their rental home, there are some who never lift a finger to clean the whole time they are in residence.

By 2 min read

Will Tenants Be Forced to Pay for Budget Tax Cuts?

A landlord survey carried out by the website Rentify has revealed that more than half of landlords polled say they intend on raising rents to help cover their costs in the wake of George Osborne’s reduced tax breaks for private rental properties.

By 2 min read

Will Post-Budget Rents Rise?

The budget delivered many surprises, but the biggest for landlords was the restriction of mortgage interest rate relief and the removal of the wear and tear allowance for anything other than provable expenditure.

By 2 min read

Boris Badge Branded a “Flop”

With his distinctive blonde hair, Boris Johnson, mayor of London, is instantly recognisable on the streets of the capital. Unfortunately for him, his flagship scheme, the London Rental Standard, has failed to grab public attention in quite the same way.

By 2 min read

Rent a Room Boost

Landlords making extra money from taking in lodgers or renting out a spare room to tourists enjoyed a big boost in last week’s budget. The tax-free “Rent-A-Room” allowance was increased from £4,250 to £7,500 – the first increase since the allowance was introduced 18 years ago.

By 2 min read

Bank of England Concerned about Buy To Let Lending

The Bank of England is worried about the high level of buy to let funding and it says that it may have to place restrictions on the availability of BTL mortgages. Appetite for Risk According to a report recently published by the bank, buy to let lending now accounts for 18% of new mortgage lending.

By 2 min read

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