Investment in the Build To Rent sector has almost doubled year-on-year, according to new research. Property consultancy Cushman & Wakefield says that in the third quarter of this year some £1.17 billion was invested in BTR, up from the £600m recorded during the...
Industry News
Fire Risk advice for landlords.
As part of the recent Fire Door Safety Week, the following advice was issued for landlords - https://www.firedoorsafetyweek.co.uk/
Kingspan says prices have peaked
Kingspan said sales so far in 2022 have surged, and price pressures "appear to have peaked". Reporting sales in the nine months to September 30 jumped 33%, third-quarter sales alone rose 17%. Kingspan added: "A feature of the current environment is the lack of...
After 12 years I’m giving up buy-to-let
The Telegraph is running an article on a long-term landlord who is selling up becuse of increased legislation. The article can be seen here (subscription might be necessary), and says: Anita Parkinson has been a landlord since 2009. The 62-year-old used to own six...
There has been a change for legacy immigration document holders in the UK.
Since 6 April 2022, it has been free for those with indefinite leave to enter or remain in the UK to make a ‘No Time Limit’ application, which provides them with confirmation of their UK immigration status in the form of a biometric residence permit (BRP). Key...
Rishi Sunak’s Plans for Landlords
Our colleagues at Mortgage for Business have just posted this blog, to try to predict what might be in store for landlords.
Minister confirms Section 21 will go
At a debate in the House of Parliament recently on the Government’s white paper ‘A Fairer Private Rented Sector’ the Parliamentary Under Secretary of State, Felicity Buchan confirmed several times that the Government were committed to the removal of the Section 21...
Uncertainty around new legislation causing landlords to leave.
The time being taken to review legislation which could overhaul the private rented sector is creating anxiety and uncertainty among landlords and further triggering some to leave the market, an expert at a leading property consultancy has warned. The Government’s...
Individual HMO Room Council Tax Banding – possible good news
Traditionally, Houses in Multiple Occupation (HMO’s) have been assessed as one unit for Council Tax purposes, with the landlord responsible for the payment, which was then recovered from the tenants in a fair and proportionate system. Over the past few years, many...
Strong Demand at Student Accommodation Provider Emperic
Student accommodation operator Empiric Student Property said it is trading well, with "record high" revenue occupancy of 98% achieved for the academic year 2022-23, which exceeded guidance of 90% to 95% provided back in August. Growth in like-for-like average weekly...
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80% of landlords say banning Section 21 evictions ‘a mistake’
A recent survey conducted by the Property Redress Scheme (PRS) provides valuable insights into the sentiments of...
A frustrated landlord speaks out
Property118 has published a blog from a frustrated landlord, Paul, a landlord with 20 rental properties around the...
BPF warns of potential disaster
Ian Fletcher, director of policy at the British Property Federation, asserts that the abolition of Section 21...