The majority of landlords are happy with the service provided by their letting agent (56%), 42% believe their agent charges too much and 16% have had additional charges made without any forewarning, according to the latest industry insight from Total Landlord...
News
Housing Market: Key Economic Indicators
The House of Parliament Library has just released its regular report on Key Economic Indicators in the Housing Market It can be seen here, and says: House prices, as measured by the UK House Price Index, increased by 9.8% between March 2021 and March 2022. On a...
Leasehold reform in England and Wales: What’s happening and when?
The House of Commons Library has just published a report on Leasehold reform in England and Wales: What’s happening and when? It can be seen here, and states Future legislation will: Reform the process of enfranchisement valuation used to calculate the cost of...
Sales Market News
Real estate platform Zoopla recently revealed that average UK house prices hit a record high of £250,200 over the 12 months ended 30 April, but the property market appeared to be showing signs of slowing down as potential buyers face pressure on finances amid the...
How a recession will hit house prices and buy-to-let landlords
The Telegraph have run a piece on property investors who have chased high yields are most at risk as the cost of living crisis bites It can be seen here (registration might be required), It says that Soaring inflation is hitting real take-home pay just as rising...
Large-portfolio landlords most likely to raise rents
Landlords with larger portfolios are more likely to increase rent than small-scale landlords.A poll by The Landlord Works shows that 75 per cent of those who own more than 10 properties aim to increase their rents over the next 12 months. This compares to just 44 per...
Obtaining Possession of a Property After the Death of a Tenant
Our friends at Woodstock Legal Services have put out a useful piece on 'Obtaining Possession of a Property After the Death of a Tenant' It can be seen here.
New Private Landlord Survey published by the Government
A new report has been published and can be seen here. In summary: There are approximately 3.9 million live deposits registered with one of the three government-backed Tenancy Deposit Protection (TDP) schemes that operate in England. These correspond to an estimated...
EPC changes: Greater clarity is needed to prevent housing inequality
What Mortgage are running an opinion piece calling for greater clarity concerning the probable changes to the Minimum Energy Efficiency Standard. This follows our letter to the Business Secretary calling for the same – see here. Note that the proposed change to MEES...
Residential repairing obligations – Is the property fit for human habitation?
A recent report looks at the obligations of landlords to maintain, and repair their rental properties. It can be seen here, and shows why landlords need the Decent Homes Standard as outlined in the Queens Speech, as the current legislation is vague in some areas....
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Many portfolio landlords plan to increase the size of their portfolios in 2024
According to research from buy-to-let lender Paragon Bank, nearly four in 10 (37%) portfolio landlords intend to...
ONS House Prices
Data revealed on Wednesday that UK house prices declined in December, although the pace of decline notably slowed....
Call For Tax Incentives for Green Upgrades In Buy-To-Let Properties
Heather Powell of Blick Rothenberg is urging the government to introduce tax incentives for buy-to-let landlords to...