A leading lettings agent in the south west is advising landlords to take advantage of a new ‘easy to read’ guide published by the Government.Anyone letting a property is required to provide renters with the standard How To Rent booklet at the start of a new tenancy or...
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Nearly a third of landlords plan to release equity
An estimated 30% of landlords who plan to remortgage within the next 12 months intend to release equity from their portfolios, according to Foundation Home Loans. The research, conducted by BVA BDRC, showed that portfolio buy-to-let (BTL) landlords are more likely to...
Guidance on building safety and cladding
The Law Society launched new guidance to help home buyers and sellers to understand building safety and cladding issues. The guidance covers: the issues to be investigated before the transaction proceeds, who can conduct the investigation and what solicitors can do to...
Universal Credit to be reduced by £20 per week
On October 6, 2021, the standard allowance of benefits will be reduced by £80 a month. The independent Joseph Rowntree Foundation (JRF) analysis shows that half a million more people, including 200,000 children, are set to be pulled into poverty by the reversal....
A Guide to County Court Judgments for Rent Arrears, Part One
PropertyWire are running a blog on an overview of County Court Judgements (CCJ;s) The first part can be seen here and covers what a CCJ is; its features; and whether it's worth pursuing one. Well worth reading
Can landlords and agents take photographs during property inspections?
EstateAgentsToday have just published an article on the ethics of taking photographs/video whilst carrying out a routine property inspection. It can be seen here, and says: Taking photographs or video footage during a routine property inspection can be a contentious...
Landlord fined for failing to produce gas safety certificate
Hastings Council has prosecuted an unnamed landlord for failing to obtain a gas safety certificate, which is required by law for rented properties. The court case resulted in a fine of £726 “Due to the health and safety concerns gas can pose to the occupiers of a...
September stamp duty holiday deadline still enticing landlords to buy
The stamp duty holiday for properties bought under £500,000 certainly did what the government intended it to do and boosted the housing market. Some say it overstimulated the market and created a frenzy with record housing transactions, steep house price growth and...
Rental market sees all time prospective tenant high
ARLA Propertymark have reported on the continued success of the private rented sector shows tenants successfully negotiating rent has dropped over the past month, from 0.9 per cent to 0.7 per cent, the lowest recorded for the month of June since records began. Another...
What Does the End of the Stamp Duty Holiday Mean for Property Investors and Landlords?
A recent article in Property Forum looks at the impact of ending the Stamp Duty Holiday. It can be seen here, and says: The stamp duty holiday ended on 30 July 2021. What does this mean for the UK property market? What is the Stamp Duty Holiday? Stamp Duty Land Tax...
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ONS reports record rises in rent
The Office for National Statistics reports a record 6.1% annual increase in private rents in England in 2023,...
Haringey trying to bring empty property into use
Haringey Council has voted to charge 200% Council Tax on properties that have been empty for 12 months, reduced from...
PRS REIT reports rents remain strong
In their update for the quarter to 31 December 2023, PRS REIT plc, an investment trust that invests in high-quality,...