A 'perfect storm' of low housing stock, rising unaffordability of owner-occupier mortgage costs, and soaring tenant demand for rental homes is causing concern for landlords as they seek to maintain viable investments. The findings come from snap poll data by GetGround...
News
Confronting the EPC Challenge
Specialist lending bank Shawbrook has published a new report showing that landlords want more guidance on proposed EPC regulations. This follows our campaign to get greater clarity on this subject. Entitled ‘Confronting the EPC Challenge’ it highlights the role that...
Buy-to-let mortgage market shows signs of recovering
Zoopla have published a new report finding: The number of buy-to-let mortgage deals available has increased by more than 700 since the beginning of October to 1,769 different products The average cost of the mortgages has continued to increase and stands at 6.5% for...
Development opportunities in Surrey
Two development opportunities have become available to become involved as outright ownership / directorships and/or shareholdings. They are Woodham Lane, New Haw, KT15 3NR, and/or The Moorings, West End, GU24 9JA. To discuss further, contact Richard on 0789 4645181 /...
MPs are debating bill to licence AirBnb properties
A Labour back bencher (Rachael Maskell) has tabled the ‘Short-term and Holiday-let Accommodation (Licensing) Bill’, which is backed by the shadow minister, Barbara Keeley. The Bill looks to force all short term lets to be licensed before they can be let. The full...
Labour licensing scheme will take 150 years to process!
It’s claimed that Liverpool’s Labour council would take almost 150 years to process applications for its landlord licensing scheme.The council has hailed the importance of the scheme in addressing sub-standard housing across the city. But presenting figures to the...
Landlord fined £6,000 for failing to remove waste
The landlord, was convicted of four offences at Suffolk Magistrates' Court on Monday, December 5. According to Ipswich Borough Council, all four offences were under the Anti-Social Behaviour, Crime and Policing Act 2014 and included a large pile of waste being left at...
Bristol council investigating rent caps
Rent controls in Bristol could see rent hikes capped at inflation or average wages The council is consulting the public about how rent controls could work Rent controls in Bristol could see rent increases capped at inflation or average wage growth according to a new...
Zoopla Rent up
The average UK rent for a new letting has jumped by GBP117 per month since last year, according to a Zoopla report. This has pushed the typical rent to GBP1,078 per month, Zoopla said, which equates to 35% of the average income of a single earner – the highest level...
Holiday lets to face national registration scheme
Short-term holiday properties will soon face a compulsory national registration scheme after and amendment has been to the Levelling Up and Regeneration Bill going through parliament. Such a move has been in the offing for several months and follows an initial...
YOU MAY ALSO LIKE
Private landlords leave the market in Scotland
The private rental sector in Scotland is experiencing a significant downturn, with landlords fleeing the market in...
Law Society urge the government to bring forward their proposals
The Law Society of England and Wales has welcomed the ban on the sale of new leasehold homes but is urging for no...
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...