The Telegraph have run an article on the number of rent rises. It can be seen here (subscription might be required) stating ‘Record number of landlords have raised their rents this year with more than half of investors cashing in on fever-pitch demand from tenants....
The Telegraph have run an article on landlords suffering with the mortgage rate rises. It can be seen here (subscription might be required), stating that ‘Landlords stuck on variable rate mortgages are seeing their profits vanish as lenders increase their bills as...
Landlords in London can make more than £9,000 per calendar month if they furnish their property, a recent study by CIA Landlord Insurance revealed. On average, landlords with rentals in London receive £2,189 a month in rent. However, if they furnish their property,...
The Telegraph have run an article on the potential ban on holiday lets. It can be seen here (subscription might be required) stating ‘Second home owners could be banned from renting out their properties on websites such as Airbnb, in new plans being drawn up by the...
Another landlord has been hit with a substantial fine for failing to licence an HMO.Ryan Antony Otto, a director of Otto Investments Ltd based in London, was fined by Hastings magistrates for failing to licence a house in multiple occupation and failing to comply with...
A new petition states: “Regulation of Property Agents has been requested by industry bodies for many years – and a Government working party investigated and reported – yet nothing has happened since.Ireland has a working system, which could be copied (why reinvent the...
Barclays has said it is buying specialist mortgage lender Kensington Mortgage to take a bigger share of the UK housing market. The deal is worth around GBP2.3 billion, Barclays said. It requires UK regulatory approval and is expected to complete at the end of the...
The Telegraph has published an article on how to minimise problem tenants. It can be seen here (subscription might be necessary) and says the first wave of rules won’t apply until late 2023 or early 2024 at best. So landlords really shouldn’t be rushing into selling...
Brighton could become the first city in England to crack down on second homes after councillors ordered plans for a ban to be drawn up. New rules which would ban any new-build properties from becoming second homes or holiday lets will be drafted after a vote by...
The Telegraph have run an article on the threat of landlords leaving the market. It can be seen here (subscription might be required) stating ‘Homeowners are paying thousands of pounds in penalties to end their current mortgage and lock in a new deal before interest...
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