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The great landlords sell-off continues

The great property sell-off by landlords has continued across Great Britain this year, in particular in Scotland, where the buy-to-let bubble appears to have burst. As the property website Rightmove reported that new seller asking prices dropped by 1.7% or £6,088 last...

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Council tries to woo private landlords

Test Valley Lettings is hosting two open days for new and existing landlords later this month. Its advertising says it offers landlords “ a wide range of tenancy services, customisable to individual needs and always free of charge. With our unique model of using...

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HMOs are rarely sold

Research comes from property lender Octane Capital,  compiled from data on the levels of HMO stock across different regions of England, shows that owners of London HMOs rarely put them up for sale, meaning investors likely need to convert a residential home into an...

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Evictions up, waiting time up

The Ministry of Justice (MoJ) has just published its statistics for Mortgage and landlord possession : July to September 2023 - see the full report here. Comparing the same quarter (July to Sept) this year to last year, it says: possessions by mortgage companies :...

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Fresh calls to raise local housing allowance

LocalGov is reporting that Councils across London have added to calls for ministers to raise Local Housing Allowance (LHA) after new research suggested that tens of thousands more could become homeless if the rate remains frozen. See the article here, and follows on...

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