The pandemic has hit Buy To Let (BTL) landlords hard as a third have had to cut rents to help struggling tenants, and losses could mount up once the furlough scheme winds up at the end of the month. Almost 1 in 5 landlords have tenants in arrears, owing an average of...
An international agent has issued a stark warning to Labour that a further raft of landlord taxes will cause many to jump ship and sell up, inevitably leading to higher rents and more tenants ending up on the streets. Chief executive of the agents, Dominic Agace,...
Ironmongery Direct have just published a blog entitled 'Fire Door Hardware: Are You Compliant?' It can be seen here, and has the following 4 tips: Hinges Ensure the door closes correctly around all parts of the frame, and check for CE marked 30 or 60 minute fire door...
The Government have made the following announcement: The Ministry of Housing, Communities and Local Government will become the Department for Levelling Up, Housing and Communities as the government delivers on its central mission to level up every part of the UK. See...
A growing number of UK ex-pats who own a buy-to-let property in the UK are continuing to approach HMRC to admit they have evaded tax, says national accountancy group, UHY Hacker Young. According to recent figures, 248 overseas investors in UK buy-to-let properties...
The latest property market analysis by London lettings and estate agent, Benham and Reeves, has revealed that the costs incurred by UK landlords who have been unfortunate enough to encounter a nightmare rogue tenant during the pandemic. During the COVID pandemic,...
PROTESTERS have gathered outside the Brighton and Hove Green Party offices to demand action on landlord licensing. Acorn, the Community Union, has taken against the Brighton Green party for "failing renters in the city", as the council plans to "backtrack" on...
A survey of nearly 4,000 landlords from buy-to-let specialist, Sequre Property Investment, has revealed that nearly one in five (17%) have experienced rental arrears as a result of the pandemic. For a third (27%), this has been a marginal inconvenience to the tune of...
The Government have confirmed that eviction periods will return to normal from October 1st 2021. They have published a Statutory Instrument* (SI2021 No 994) amending the original Coronavirus Act 2020 (Residential Tenancies and Notices) to suspend the extended notice...
The Department for Work and Pensions has published Economic activity of individuals aged 50 or over, trends over time, showing: Employment rate for those between 50 and 64 has fallen from 72.1% in 2020 to 71.2% in 2021 Number of over-50s working impacted by Covid...
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The average homeowner in England and Wales who sold up last year made around GBP100,000 more than the amount they had...
Spare Room are reporting that London rents fell for two consecutive months for the first time since February 2021. The...
Paul Johnson, a director of the Institute of Fiscal Studies and visiting economics professor at University College...