Industry News

Landlord Today is reporting on a survey concluded by Shawbrooks Bank that starts 'No fewer than 88 per cent of portfolio landlords have added to their portfolios in the last six months, despite market uncertainty' It can be seen here, and goes on to say that the...

New data released by the Ministry of Justice (MOJ), reveals it takes an average of almost 29 weeks between a private landlord making a legitimate possession claim to the courts and actually getting the property back. The figures also show it takes an average of more...

Landlord confidence has improved over the course of the past quarter according to a quarterly survey. The research, titled Q3 2023 BVA BDRC Landlord Panel research report, showed a landlord community “responding positively” to an increase in perceived tenant demand. ...

Investors Chronicle is running an article on a report from Hamptons, that the surge is reducing, where their data suggests there will be 27,500 net sales this year, down from 47,250 last year, and even lower than the 29,500 in 2021.  The article can be seen here....

The great property sell-off by landlords has continued across Great Britain this year, in particular in Scotland, where the buy-to-let bubble appears to have burst. As the property website Rightmove reported that new seller asking prices dropped by 1.7% or £6,088 last...

Councils will be allowed to double council tax on second homes under plans that have been laid before the Scottish Parliament, says a BBC report. Could it happen south of the border?  

Coventry Council used existing legislative powers were used to tackle unlicensed HMOs, bins on footpaths, contaminated recycling bins, excess side waste and inadequate bins. In two streets HMOs were identified and visited, and 5 were found to be unlicensed, with 4 of...

Test Valley Lettings is hosting two open days for new and existing landlords later this month. Its advertising says it offers landlords “ a wide range of tenancy services, customisable to individual needs and always free of charge. With our unique model of using...

Research comes from property lender Octane Capital,  compiled from data on the levels of HMO stock across different regions of England, shows that owners of London HMOs rarely put them up for sale, meaning investors likely need to convert a residential home into an...

The Ministry of Justice (MoJ) has just published its statistics for Mortgage and landlord possession : July to September 2023 - see the full report here. Comparing the same quarter (July to Sept) this year to last year, it says: possessions by mortgage companies :...