A couple plagued by nightmare tenants who turned their flat into a rubbish tip have been told they can't evict them 'because of the pandemic'. Zoey and John Wingfield have spent tens of thousands of pounds trying to repair damage to their Grimsby flat, adjacent...
Over half (59.8%) of landlords are waiting for lockdown measures to ease before investing in properties, according to the National Landlord Index by Accommodation.co.uk. The research highlights that UK landlords still see the rental market as a safe place to invest...
Property Industry Eye have just published a piece on the potential impact of CGT on the industry. It can be seen here, and explains how it is likely CGT will double very soon, with all the subsequent consequences with landlords hit with a £24,000 increase in tax.
The Government have just released an interim report on the standards of energy efficiency in the PRS. It can be seen here, and the announcement says:- This interim evaluation of the domestic private rental sector (PRS) minimum energy efficiency standard regulations in...
Zoopla have examined the trend in an increase in property sales, and a decrease in rental, especially in London. The whole article can be read here.
A survey claims that 75% of tenants describe relationships with the landlords as ‘good’ or ‘very good’, while 89% of landlords believe they have a good rapport with their renters as well. In a study commissioned by online platform Mashroom, 59% of tenants cite strong...
Another leading research team in a major agency has revised upwards its forecast for the 2021 market. Savills revised its predictions recently and now it’s the turn of Knight Frank. Referring to the mainstream market, Knight Frank research head Tom Bill says: “We...
An upbeat market snapshot for the lettings sector claims that one region of the UK has seen rent increases in excess of 20 per cent a year. The Home website’s latest index shows year-on-year average rent growth reaching 20.5 per cent in the West Midlands. The south...
A council has now approved plans for two of the country’s largest licensing schemes - one is so large it needs government approval before it can be implemented. Oxford’s Labour council has agreed to renew an additional licensing scheme for all HMOs in the city, and...
Research by Hamptons suggests that the increased house prices caused by the stamp duty holiday sales surge has indirectly obliged more tenants to stay renting - because they cannot afford larger deposits. That’s the analysis by Hamptons in the agency’s latest rental...
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Richard Donnell, the executive director of Zoopla, has stated that the UK is facing a rent crisis due to record net...
Lewes District Council's cabinet in East Sussex has approved plans to increase council tax premiums for empty...
The full report can be seen here, and in summary says: The Leasehold and Freehold Reform Bill 2023-24, introduced to...