NAPIT (The National Association of Professional Inspectors and Testers) has released information about the forthcoming (April 1st 2021) electrical requirements for rental property:- NAPIT Guidance for...
Industry News
Tory MP criticised by councillor for sticking up for landlords
A councillor has criticised an MP who came out in favour of landlords in a dispute over licensing. Earlier this week Landlord Today reported on how Tory MP James Duddridge, who represents Rochford and Southend East, criticised the local Southend council for...
Mortgage broker asks for overhaul of government’s Green Homes Grant
Property Master chief executive Angus Stewart has called on the Chancellor to offer landlords more support by revamping its Green Homes Grant scheme. The grant offers funding of up to £5,000 per property, though applying for the grant is difficult and locating an...
Council teaching tenants how to reclaim rent from landlords
A London council is running what it describes as “an innovative project” to help private tenants reclaim rent from landlords who fall foul of licensing rules. Tower Hamlets council in London claims thatover £200,000 has been reclaimed for tenants under the Rent...
The Gravy Train is over – claim
This is Money have claimed 'The gravy train is over': Off-plan home sales hit six-year low as landlords exit the market thanks to tax changes and softening rents They state:- A third of new homes were sold off-plan last year, a 2% drop compared to 2019 Off-plan homes...
Yorkshire Flood Resilience aims to help protect properties
A new project in York aims to help businesses and landlords make their properties more resilient to flooding. Yorkshire Flood Resilience is raising awareness of measures that reduce the risk of flood damage to properties, speed up recovery and minimise the time...
Landlords expanding portfolios during pandemic
The latest market analysis from Direct Line business insurance has revealed that since the introduction of the Stamp Duty Holiday in July 2020, a staggering 79% of commercial landlords have expanded their property portfolio. The research shows that multi-property...
Urban investments remain priority for vast majority of landlords during 2021
Despite the widely publicised exodus of renters from UK cities looking for properties with greater space during the pandemic, the vast majority of landlords say that they will continue to focus on urban rather than rural investments this year. According to research...
Value of landlord portfolios rises
Typical house prices increased by 8.6% over the course of 2020, meaning landlords saw their portfolios inflate in value by £38,820, research from Barrows and Forrester has found. Government figures show the average house price reached £254,525 in December 2020, up...
One in eight sellers will pull out if they miss stamp duty holiday
Some 12 per cent of buyers will pull out of their transaction if it does not complete in time for their stamp duty exemption. That’s the finding of a survey by Knight Frank, which asked 500 current purchasers their intentions. To the question: Would you pull out of a...
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iHowz helps launch group committed to fairer renting
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Pro-tenant activist bodies have accused landlords without mortgages of “cashing in.”
The Guardian has just published an article accusing 'More than two-thirds of mortgage-free landlords raised the cost...
Buying Spree! Vast majority of portfolio landlords have bought property
Landlord Today is reporting on a survey concluded by Shawbrooks Bank that starts 'No fewer than 88 per cent of...