An industry report has revealed that the average short-hold tenancy is now 2.7 years, in contrast to the average of 2.5 years recorded last autumn. The figures published in the annual Rent Check Report were based on a survey of more than 2,000 landlords in the UK.
Following the successful prosecution of an HMO landlord, owners and managers of other illegal unlicensed HMOs in Barnet and Capita have been given until July 31 to come forward and apply for a licence without fear of prosecution by local enforcement service, Re.
Illegal sub-letting is an increasingly popular scam in the current private rental market. With demand so high in many areas, tenants don’t always carry out checks to ensure the landlord is actually who they claim to be.
Short term lets that allow visitors to ’live like locals’ is becoming increasingly popular in major tourist cities. But it isn’t all good news, especially for locals. Camden Council is claiming that short-term rental website, Airbnb, is driving up rental prices in the area, which is making it increasingly hard for locals to find suitable […]
The clock is ticking on landlords who have yet to protect deposits taken before April 6th 2007, so if you are one of these landlords, you need to act fast. Deposit Protection Schemes Following a change in law, deposits handed over to landlords before 6th April 2007 now have to be protected in one of […]
Research published by a major UK specialist lender – Kent Reliance – shows that the private rental sector (PRS) is growing at an astounding rate and is now bigger than ever before. In fact the growth is so great that the figures suggest there will be 5.5 million households in the rental sector by 2020. […]
According to the BBC, City Hall claims that the London Rental Standard scheme, which was set up last year, is not working. Only 14,350 landlords have signed up to the scheme, which is far less than the 100,000 landlords expected to join.
Landlord licenses are a contentious issue for many, but love them or loath them, licensing schemes remain a very popular way for Local Authorities to improve standards in the private rental sector. So which areas are currently affected?
Her Majesty the Queen made the first Conservative majority speech since 1996 yesterday and it included plenty of items that are relevant to landlords and the private rental sector.
Regional rents are finally catching up to those in London, according to the latest Home Let Rental Index. The figures also show that the average rent in the UK is growing at the fastest rate since 2008, which is very encouraging for landlords and those considering buying investment properties.
The Daily Mirror reported today that families are being evicted from rental homes in record numbers. It backed up the alarming claim with figures released from the Ministry of Justice, which revealed that the number of evictions in the first quarter of 2015 was the highest for seven years; beating even the record of 2014. […]
Construction Design and Management (CDM) regulations already affect large building contractors, but as of April 6th this year, smaller renovations on residential and commercial properties will also fall under the remit of CDM legislation. What is CDM?
Even as late as yesterday evening it was uncertain whether David Cameron and the Conservatives would manage to win enough seats to secure a majority government. Overnight, however, things changed.
The Residential Landlord’s Association (RLA) is not happy with the BBC’s flagship current affairs programme, Panorama. The show recently aired an episode dealing with the issue of housing benefit payments to landlords and according to RLA chairman, Alan Ward, it once again portrayed landlords in a highly unfavourable light.
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