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Can mortgage deals help landlords beat Labour’s new rules?
The Investors Chronicle has published ab article guiding landlords towards mortgage deals. It can be seen here and says: As the political landscape in the UK shifts with Labour now in power, landlords should prepare for significant changes in the...
Renters’ Rights Bill in Parliament next week
The UK government is set to introduce the Renters' Rights Bill in the House of Commons next week, which will ban landlords from evicting tenants without providing a reason, commonly referred to as "no-fault" evictions under Section 21. The proposed...
Property sales not adversely affected by poor EPC rating
A recent study by Nationwide has revealed that landlords selling properties with poor Energy Performance Certificate (EPC) ratings are unlikely to face significant price discounts. Despite concerns surrounding the return of the EPC C-rating target...
Don’t rush to advertise any empty properties.
Phil Spencer, the well-known TV property expert, is advising landlords to consider delaying the advertisement of vacant properties due to the current market conditions, especially with students entering the rental market as universities restart. He...
Council quietly starts new licensing scheme
Waltham Forest Council, a leader in issuing fines to landlords, has quietly extended its additional and selective licensing schemes from April 2025 to March 2030, according to data company Kamma. The announcement, made on 18 July 2024, has not been...
Tenant group claims exodus of landlords could be good for tenants
Generation Rent has commented that landlords leaving the private rental sector could provide an opportunity for renters to enter the housing market. This comes in response to Rightmove's report that the number of former rental properties being sold...
Key Grants Available to UK Landlords in 2024
Property118 has published an article on the grants available for landlords. It can be seen here, and says that in 2024, UK landlords face increasing challenges in maintaining both profitability and compliance with evolving regulations, particularly...
John Lewis to build in Reading
John Lewis is advancing its efforts to become a significant player in the UK's private rental market, submitting a planning application to build 215 Build To Rent (BTR) flats in Reading. This project will transform brownfield land, formerly a...
Small change in the supply/demand imbalance
Data from Propertymark reflects slight changes in the supply and demand dynamics within the UK’s private lettings and sales markets. Their July 2024 report shows a minor shift in the supply/demand imbalance in the rental market, with 88 new...
Should you invest in Multi-Unit Freehold Blocks (MUFBs)?
The latest internal data from Shawbrook indicates a significant shift among professional landlords towards investing in Multi-Unit Freehold Blocks (MUFBs). In 2024, there has been a 14% increase in landlords showing interest in this property type...
Largest Labour MP landlord urged to resign
The situation involving Labour MP Jas Athwal, who has been called to resign following a BBC investigation revealing unsafe conditions in the flats he rents out, has drawn significant criticism. Athwal, the biggest landlord in the House of Commons,...
New landlords are young
Paragon Bank has released a report entitled 'Who are the next generation of landlords?' It can be seen here, and provides insights into the evolving landscape of UK property investors, focusing on a younger group of landlords eager to expand their...
iHowz lobbies the new Government
Following the election and a new Government, iHowz have prepared a briefing paper urging the Government to conduct a comprehensive ‘root and branch’ review of the current rental system, proposing a ‘Tenant Landlord Partnership Bill’. This review...
Some properties are having their asking price reduced
Recent research from Zoopla has revealed that UK homeowners who are forced to reduce their asking price face significant delays in selling their property. The findings underscore the importance of setting a realistic price from the outset,...
Will your tenants be affected this winter?
The recent developments in the UK regarding energy costs and winter fuel allowances are significant for both consumers and landlords. The government has decided to end universal winter fuel payments for pensioners, a measure that has historically...
Leasehold and Freehold Reform Act Q&As
Leasehold and Freehold Reform Act Q&As By Mark Chick Director of ALEP (Association of Leasehold Enfranchisement Practitioners) What is in the Leasehold and Freehold Reform Act 2024? Essentially, all of the much talked about changes are there...
Government must work with industry on EPC targets for tenants’ sake
Property Reporter is urging the Government to work closer with the industry if they want to meet their EPC targets. The article can be seen here, and says that the announcement by Ed Miliband, the new Secretary of State for Energy Security and Net...
New HMO mortgage announced
Fleet Mortgages has made significant updates to its mortgage offerings specifically designed for houses of multiple occupation (HMOs), effective from August 23, 2024. These changes aim to provide more flexibility and competitive options for...
Chancellor criticised for rent rises
The reported plan by Chancellor Rachel Reeves to allow social rents to rise annually by the Consumer Price Index (CPI) measure of inflation plus 1% for the next decade has sparked significant concern and debate. While the move is intended to...
Last chance to participate in Reading licensing consultation.
The consultation by Reading Council on HMO and Selective Licensing. The last date to participate is this Thursday (29/8/24) - more details can be seen here. Landlords would be required to pay a standard fee of £950 for the HMO licence. This...
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LATEST NEWS
Portfolio landlords will remain
Findings from Zero Deposit show that despite various legislative changes under the Conservative government, 82% of...
Cleaning still a source of problems at the end of the let.
Financial Impact on Renters: Millions of pounds are being lost by the UK’s renters due to cleaning-related deposit...
Holiday Lets seem to be diminishing
Analysis of the UK Short-Term Rental Market by lettings and estate agent Benham and Reeves looked at key market...
Berkeley Homes to add BTR
Analysis of Berkeley Group's New Strategy and Market Context The FT has just reported that Berkley Homes is moving...
May Inflation sees rates return to near long term averages
Here's a detailed analysis based on the current Consumer Prices Index including owner occupiers' housing costs (CPIH)...
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