Lloyds Banking Group is to become one of the biggest landlords in the UK as it plans a huge move into the rental market. The banking giant wants to purchase 10,000 homes by the end of 2025, a figure which will rise to 50,000 homes in the next ten years, according to...
Kettle have run an article asking whether it is still worth being a landlord. It can be seen here, and says: Being a UK landlord isn’t as easy as it is made out to be. It has become harder still in the past couple of years with changes to rules, licensing, and tax...
A landlord was left physically sick after seeing the disgusting mess left in a house he'd rented out. Ian Twigg had bought the house near Burton town centre as part of his plan to retire early and make a rental income from the property. However, it has now ended up...
The House of Commons Library has published a briefing paper brings together details of the main changes to the rent safety net announced since 2010. It covers the savings achieved through changes to Housing Benefit and the Universal Credit housing costs element, as...
The Home Office confirmed that EEA citizens and their family members who apply late to the EU Settlement Scheme (EUSS) will have their rights protected. Landlords are advised to get in touch with the Landlord Checking Service if they have a prospective tenant who has...
HM Treasury has published statistics on the government’s Help to Buy: ISA scheme. They show: Since the launch of the scheme, 410,075 property completions have been supported by the scheme. 538,840 bonuses have been paid through the scheme with an average bonus value...
MHCLG have published Help to Buy (equity loan scheme) data to 31 March 2021. The data show: 15,341 properties were bought with an equity loan, an increase of 61 per cent from the same period in 2020. From 1 April 2013 to 31 March 2021, 328,506 properties were bought...
MHCLG have announced that a new ‘Expert Challenge Panel’, drawn from across the housing sector, had been formed to advise the government on delivery of the social housing white paper. Membership of the Expert Challenge Panel is: Chartered Institute for Housing;...
The Ministry of Justice published quarterly national statistics on possession claim actions in county courts by mortgage lenders and social and private landlords. These statistics cover the period from April to June 2021. Landlord Possessions When compared to the...
Savings and lending bank Shawbrook Bank reported that nearly half (46%) have lowered their tenant’s monthly rent payments as a direct result of the recent pandemic.Shawbrook Bank conducted a study on 1,000 landlords. These included 150 portfolio landlords, those are...
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