Landlords in wealthy London boroughs are feeling the pinch from international students choosing to study outside the UK, as rents in premium postcodes showed signs of slowing. The average rental value growth in prime central London (PCL) – which includes the likes of...
Industry News
Student market could be badly affected by Bill, says landlord group
In a paper regarding the impact of the Renters Reform Bill on the student market, York‘s Residential Landlord Association believes moving from fixed-term tenancies to periodic tenancies might prompt landlords to offer licences by providing services to students...
Is buy-to-let the punching bag of the industry?
Mortgage Introducer has spoken with experts to identify the trials and tribulations buy-to-let landlords are currently undergoing - the report can be seen here, saying ' Ross McMillan, owner and mortgage adviser at Blue Fish Mortgage Solutions, said misguided...
Landlords demand ‘pet references’ with photos and bios of dogs and cats after Covid boom
The i is reporting that Renters ‘crafting detailed paragraphs about pets, outlining their behaviours and temperaments. in bid to secure a property The whole article can be seen here (subscription may be necessary), and goes on to say that Landlords are increasingly...
How do UK rental laws compare with other countries?
In a recent survey, Your Overseas Home discovered that around a fifth of those moving abroad were planning to rent before buying. And they have highlighted some of the ways that renting and letting a property can vary across Europe: 1.Germany - Prepare to pay If...
London council to buy rental property
Newham council is planning to buy up properties where tenants have been threatened with eviction because the landlord no longer wants to let the property as temporary accommodation. Their preventative eviction acquisition programme – to be allocated an initial £20m –...
Portfolio landlords in no rush to exit market
Best Advice magazine are reporting that 'Market activity is being driven by portfolio landlords, demand for holiday lets, as well as ongoing interest from overseas buyers, according to the latest data from Legal & General Ignite.' The article can be seen here, and...
Government issues new damp and mould warning for landlords
The Secretaries of State for Health and Social Care, and of State for Levelling Up, Housing and Communities (Steve Barclay MP and Michael Gove MP) have issued a joint statement on damp and mould. Entitled Understanding and addressing the health risks of damp and mould...
Airbnb owners have less than a month to install fire doors
The Telegraph is reporting that holiday let owners will have to replace the doors in their holiday lets and put a smoke alarm in virtually every room of the house under a government health and safety crackdown. Rules changes coming into force on October 1 in England...
More landlords switch to agents – claim
Jo Eccles, from Eccord property consultancy, says landlords who previously used agents are now seeking higher quality management even mid-tenancy. She believes this is in direct response to the increase in regulations and responsibilities which are overwhelming...
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