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Landlords beware – pets are coming to the private rental sector
An inventory supplier to the lettings industry is advising landlords to make sure they spot early signs of pet damage in properties - and to prepare for pets to be a bigger part of the private rental landscape in future. No Letting Go, the UK's...
Rent discounts for students extended for another three weeks
The country’s largest landlord for students has extended its discounted rent scheme for another three weeks. Unite Group says its 50 per cent discount will eventually have run for a total of 10 weeks, up until the end of the government’s 'stay at...
Call for views on the Housing Health and Safety Rating System (HHSRS)
The Ministry for Housing, Communities and Local Government (MHCLG) is carrying out a two-year review of the HHSRS to update and simplify the process. Four surveys will be running from 3 – 31 March to canvass the views of those impacted, including...
9 simple ways to revamp a rented garden on a budget
The Ideal Home has run an article entitled '9 simple ways to revamp a rented garden on a budget – all without upsetting your landlord' It can be seen here
Avoiding eviction – Council says it’s piloting mediation scheme
A local council has let it be known that it’s in a pilot mediation scheme set up by the government - and it wants landlords to use it. Cherwell council in Oxfordshire says as part of the alternatives to eviction, there could be “temporary rent...
Bridging in 2021: what can the market expect?
Under the title 'Bridging in 2021: what can the market expect?' Lendinvest have just published an article on the bridging market. It can be seen here.
60% of landlords expand portfolio in race for stamp duty savings
Some 60% of multi-property landlords have expanded their property portfolio since the introduction of the stamp duty holiday in July 2020, according to research from Direct Line for Business. The report shows landlords have been strategic with...
Cannabis factory caused damage to rental property
A gas engineer was shocked to come across a large cannabis grow in a rental property after being called to change the meter. He rang the police having smelt a strong smell of the drugs from a house in Blidworth, Nottinghamshire. Officers...
Mortgage Company warns – Landlords: Don’t make these rookie mistakes
Becoming a buy-to-let landlord can be profitable but it’s not easy, according to Arbuthnot Latham. The private and commercial bank has published some simple steps to help landlords avoid mistakes, and save time, stress, and ultimately money. It...
Council offering £10k refurb grants to private landlords
A council says grants of up to £10,000 are available to landlords to refurbish homes which could ensure vulnerable people in the area have a roof over their heads. Wigan council wants to form partnerships with landlords owning one bedroom...
Electrical advice for landlords available
NAPIT (The National Association of Professional Inspectors and Testers) has released information about the forthcoming (April 1st 2021) electrical requirements for rental property:- NAPIT Guidance for...
Tory MP criticised by councillor for sticking up for landlords
A councillor has criticised an MP who came out in favour of landlords in a dispute over licensing. Earlier this week Landlord Today reported on how Tory MP James Duddridge, who represents Rochford and Southend East, criticised the local...
Mortgage broker asks for overhaul of government’s Green Homes Grant
Property Master chief executive Angus Stewart has called on the Chancellor to offer landlords more support by revamping its Green Homes Grant scheme. The grant offers funding of up to £5,000 per property, though applying for the grant is difficult...
Council teaching tenants how to reclaim rent from landlords
A London council is running what it describes as “an innovative project” to help private tenants reclaim rent from landlords who fall foul of licensing rules. Tower Hamlets council in London claims thatover £200,000 has been reclaimed for tenants...
The Gravy Train is over – claim
This is Money have claimed 'The gravy train is over': Off-plan home sales hit six-year low as landlords exit the market thanks to tax changes and softening rents They state:- A third of new homes were sold off-plan last year, a 2% drop compared to...
Yorkshire Flood Resilience aims to help protect properties
A new project in York aims to help businesses and landlords make their properties more resilient to flooding. Yorkshire Flood Resilience is raising awareness of measures that reduce the risk of flood damage to properties, speed up recovery and...
Landlords expanding portfolios during pandemic
The latest market analysis from Direct Line business insurance has revealed that since the introduction of the Stamp Duty Holiday in July 2020, a staggering 79% of commercial landlords have expanded their property portfolio. The research shows that...
Urban investments remain priority for vast majority of landlords during 2021
Despite the widely publicised exodus of renters from UK cities looking for properties with greater space during the pandemic, the vast majority of landlords say that they will continue to focus on urban rather than rural investments this year....
Value of landlord portfolios rises
Typical house prices increased by 8.6% over the course of 2020, meaning landlords saw their portfolios inflate in value by £38,820, research from Barrows and Forrester has found. Government figures show the average house price reached £254,525 in...
One in eight sellers will pull out if they miss stamp duty holiday
Some 12 per cent of buyers will pull out of their transaction if it does not complete in time for their stamp duty exemption. That’s the finding of a survey by Knight Frank, which asked 500 current purchasers their intentions. To the question:...
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LATEST NEWS
Agent fined £119 over ‘abhorrent and vile’ tenant harassment
A director of Letting Agency SB Lets appeared at Lewes Crown Court for a sentencing hearing on Monday 9 October. Shadi...
Should you still buy a low EPC rated home?
Mortgage Introducer are running an article looking at whether landlords should still be buying low energy rated...
The cost of a waking watch on leasehold properties not recoverable
The Upper Tribunal considered whether the cost of a waking watch should be payable by leaseholders, where they were...
Many landlords are absorbing extra mortgage costs
UK landlords are facing mortgage costs rising quicker than rent increases in the past year – but they aren’t passing...
Many landlords paying 3 times their previous mortgages
Landlords are paying an extra £5.5bn a year to their banks following a surge in mortgage rates, data shows. Buy-to-let...
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