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The Future Looks Grim for Renters

Money.co.uk is predicting a very grim future for tenants in the UK. They say that the average deposit for a rental home will rise to £1,111 within ten years. In London, deposits could reach more than £2,700. The site also predicts that landlords will soon be asking for six weeks’ rent as a deposit while […]

By 2 min read

40% of the Housing Benefit Budget Is Spent on the Private Rental Sector

The Daily Mail has accused landlords of exploiting legal loopholes to rake in millions in housing benefit payments from tenants, whilst allowing them to live in sub-standard accommodation.

By < 1 read

Tenants Staying Longer in Rental Homes

New research carried out by the Association of Independent Inventory Clerks (AIIC) has revealed that the average tenancy is now four years, which is a jump up from the previous average of 3.5 years.

By 2 min read

Council Inspection Reveals Squalid HMOs and Student Digs

A Bath council crackdown of HMOs and student accommodation has revealed a catalogue of horrors. As housing officers suspected, some tenants were living in squalid and overcrowded conditions.

By < 1 read

Welsh Tenants are the Happiest!

Apparently Welsh landlords are doing a fantastic job. According to research carried out by the National Landlords Association (NLA), 92% of tenants in Wales were more than happy with the service provided by their landlord. Tenants in the East Midlands were in second place, with 83% of them satisfied with their service.

By 2 min read

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‘Starter Homes’ Scheme Loophole Benefits Buy to Let Landlords

The Government’s new ‘Starter Homes’ scheme is intended to help young first time buyers get a foothold on the property ladder. 200,000 new homes will be built by 2020, which will be offered at a 40% discount to first time buyers under the age of 40.

By 2 min read

17% of Tenants Sublet their Rental Property

Research carried out by Direct Line insurance has revealed that one in six tenants admits to letting some or all of their property to someone else unknown to the landlord. So do you really know who is living in your property?

By 2 min read

Landlords Considering Incorporating in Coming Months

Research carried out by the National Landlords Association (NLA) has revealed that 40% of landlords are considering incorporating their buy to let businesses in the coming months, in order to minimise exposure to recent government tax changes.

By 2 min read

The Average Tenancy is Increasing

New government figures released today show that landlords are responding to the growing need for longer tenancies in the private rental sector. The English Housing Survey data indicates that the proportion of households with dependent children is now 37%. At the same time, the average length of a tenancy has risen from 3.5 years to […]

By 2 min read

Landlords Advised to Wait Before Replacing Furniture

A leading firm of accountants is advising landlords to wait until April 6th before replacing furniture in rental properties. April 6th is when the new 10% wear and tear allowance is phased out and costs associating with replacing furniture become tax deductible.

By 2 min read

RLA Defends Landlords

The Residential Landlords Association has been vocally defending landlords in a bid to overturn the commonly held misconception that landlords are to blame for the rise in homeless people on the UK’s streets.

By 2 min read

Scottish Councils ‘Right of Entry’ into PRS Houses

From April this year, Scottish councils will be able to gain entry to all homes in the private rental sector to enforce a minimum maintenance standard, thanks to new changes in the Housing (Scotland) Act.

By 2 min read

Boris Johnson’s Boiler Cashback Scheme for Landlords

If there is one thing we all love it’s the thought of some money back when we have to fork out for an expensive home improvement purchase. Boilers certainly fall under the category of ‘expensive’, with many costing well over a £1,000 – and that’s without the cost of installation!

By 2 min read

Landlords Must Check Right To Rent Status

All UK landlords must now check the immigration status of their tenants, but according to the Residential Landlords Association, the government has failed to provide enough information for landlords, so confusion reigns.

By 2 min read

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