Letting agents charge tenants and landlords fees for drawing up tenancy agreements to carrying out credit checks and taking payments. Most people agree that some fees are appropriate, given that a letting agent does perform some duties, but a recent survey carried out by the Citizens Advice Bureau has found that the general public as […]
Labour has announced, in its manifesto, plans to shake up the private rental sector by handing out fines to rogue landlords via a landlord licensing scheme. Under the new proposals put forward by Jeremy Corbyn and his shadow housing minister, John Healey, all private landlords would have to pay for a landlord licence. Landlords who […]
There was a time when landlords were mostly men. Today, however, the situation is very different. Research carried out by a leading landlord insurer shows that 40% of all landlords are female. This is in stark contrast to the number of female business owners, with only 17% of SMEs owned by women. So are women […]
Data from a survey carried out on National Landlords Association members has revealed that only 48% of landlords are seeing increases in property rents this year. The numbers of landlords who plan to put rents up is lower than the last quarter of 2016, which is good news for tenants and not so good for […]
Criminal landlords operating in London will soon be named and shamed in an online database. Mayor of London, Sadiq Khan believes the new landlord database will make it harder for rogue landlords to attract tenants into their properties.
The Local Government Association (LGA) is calling on the government to crack down on landlords who convert larger properties into multiple bedsits in order to secure extra Housing Benefit payments from tenants. Some disreputable landlords have discovered that they can make more money by letting individual rooms in a larger property rather than marketing the […]
For many landlords, the promise of making their lives easier is one that is hard to ignore but what is rental property management software? In a nutshell, the software will enable a landlord to manage their property or properties wherever they are and at any time. It’s also important that they should be able to […]
Damage is common in rental properties. Sooner or later, all landlords have to deal with damage to permanent fixtures. This can include a broken window, cracked bathroom sink, or kicked in door.
In news that took everyone by surprise, Prime Minister Theresa May has called a snap election and in six weeks’ time, the nation will be heading to the polls once again to decide which party is going to guide the UK through Brexit negotiations.
Overall rental yields have remained strong since the UK voted to leave the EU last year. Rental prices have halved in locations across the United Kingdom, but underlying prices are steady.
The property market is predicted to rise over the next four years, with the average house price reaching £220k by the end of the year. Economists say that despite Brexit negotiations stalling house price growth, prices are still £9k higher than they were last year. They predict an average home will cost £272k by 2021.
New energy efficiency regulations come into effect over the next few months that affect landlords. The government wants all rental properties to be more energy efficient, so it is cracking down on landlords who rent out properties that don’t meet the Minimum Energy Efficiency Standards.
Mortgage brokers are reporting a surge in landlords re-mortgaging their homes and using the cash to pay down their buy to let mortgages in a bid to beat the tax hike at the start of the new tax year.
The introduction of Universal Credit (UC) is causing concern to many landlords and some are refusing to take on tenants claiming UC. Members of the Eastern Landlords Association have reported the number of rough sleepers on the streets of Great Yarmouth and Lowestoft is at an all-time high.
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