Paragon Bank has reported that buy-to-let landlords purchasing in urban areas are increasingly targeting smaller, secondary towns and cities. Data from Paragon’s own lending activity revealed a strong increase in completions in city and town centre postcodes during...
News
Is it worth installing smart technology as a landlord?
News on the Block are advising whether it is worth installing smart technology. It can be seen here, and says: As a landlord, you will constantly be looking for ways to keep ahead of the curve and stay competitive in the property market. One innovation that has taken...
Changes to rent arrears from Universal Credit
The Minister for Welfare Delivery, Sir David Rutley MP, has announced that from March, new applications for rent arrears from PRS landlords will receive deductions directly via the Universal Credit system – ensuring they are calculated, deducted and paid to landlords...
Landlords see opportunities from buying EPC ‘D’ properties
Research undertaken by Landbay has found that awareness of EPC changes is much higher among portfolio landlords than non-portfolio landlords. 70% are aware that all rental properties must have an Energy Performance Certificate (EPC) rating of A, B or C. The research...
Solar Together Kent and Green Homes Grant
Medway Council are offering two schemes: Solar Together Kent Landlords can take part in Solar Together Kent, a group buying scheme to get solar panels at a competitive price, helping you to reduce the emissions from your properties and reduce energy costs for your...
Rent control being discussed again
The hot topic of rent controls has remerged in recent weeks, with passionate voices on both sides of the argument speaking strongly for and against the measure that entails putting a cap on the amount that a landlord can demand from a tenant when renting a home or...
Council offers empty homeowners support to bring properties back into use
Woking Council have just placed a new blog on their site. It can be seen here, and says: Empty homes can be a burden on local neighbourhoods which is why this Empty Homes Week, Woking Borough Council is urging local landlords to take the relevant measures to prevent...
Landlords face fines of up to 36 months’ rent under Scottish government plans
A proposal that landlords be fined up to 36 months rent has been put forward in a consultation paper in Scotland. How long before the English Government picks this up?The Scottish Government’s ‘A New deal for Tenants’ proposal says it is introducing fines of up to...
Help to Buy (equity loan scheme): data to 30 September 2021
On 17 February 2022 the DLUHC published statistics showing cumulative sales since the launch of the Help to Buy (equity loan) scheme on 1 April 2013. The key figures are: Between 1 July and 30 September 2021, 7,270 properties were bought with an equity loan, a...
Right to rent checks: information for landlords
The Home Office published an updated A4 factsheet giving information for landlords on right to rent checks of EU, EEA and Swiss citizens who are tenants or prospective tenants now the EU Settlement Scheme deadline has passed. For the factsheet, click here.
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Licensing schemes look to substantially increase
A surge in property licensing schemes and consultations in the UK in 2024, as reported by Kamma, indicates a shifting...