Poll shows over half of UK landlords refuse requests to improve energy efficiency
Over half of UK tenants claim their rental property is cold and draughty and 58% say their landlords has refused to make energy efficiency improvements, a new poll shows. Since the beginning of April 2016 tenants living in F and G rated homes have been able to request improvements, such as more insulation and landlords […]
Brexit Areas Bring Better Rental Yields
Rental yields are important for buy to let landlords, and research from Lendinvest has pinpointed the top nine areas in the UK for rental yields. Current rental prices from Zoopla and purchase prices from the Land Registry have been used to calculate the most profitable areas for landlords to invest. Manchester came top with an […]
One of Britain’s biggest house builders says the property market is ‘encouraging’ after Brexit
Taylor Wimpey, one of the UK’s biggest housebuilders, is striking a surprisingly upbeat tone in its half year results and is so far shrugging off Britain’s vote to leave the European Union with ease. In an update released on Wednesday, the FTSE 100 company says that despite the vote to leave the EU, trading has […]
Supermarkets can add an average of £22,000 onto the price of a home
Living close to a well-known supermarket chain can add an average of £22,000 to the value of a home, new research has found. The report also reveals that premium brands can add even more to nearby house prices, with properties close to a Waitrose store receiving an average boost of £38,666 or 10% than the […]
If tenants have not been seen, or paid any rent for four months, what can the landlord do?
From The Landlord Law Blog Here is a question to the blog clinic from Christine who is a landlord “My tenants left the country three months ago, not having paid any rent at all since moving into the property the previous month. As far as I know they have not returned to the UK..Their possessions […]
Halifax Reveal Most Affordable Places for First Time Buyers
A report published by mortgage lender the Halifax has revealed the best and worst places for first time home buyers based on the difference between average house prices and average earnings. According the the Halifax’s data, the most affordable area for firs time buyers is East Dunbartonshire, north of Glasgow in Scotland, where the average […]
Serving penal notices on tenants who don’t move out
From The Landlord Law Blog Workshops are a good chance for me to speak to landlords and agents and find out what is going on in landlord land. At my recent workshop on Ending Tenancies, I learned about a new ploy being used by at least one landlord to get his tenants to move out. […]
Landlords urged to pay attention to changes in residential property tax rules
According to London Chartered Accountants Blick Rothenberg LLP, buy-to-let landlords need to pay attention now to changes to the tax rules for residential property taking effect in April 2017 or they could be in for costly tax consequences. The changes were announced in last year’s Summer Budget, but HMRC has only issued guidance yesterday and […]
Government provides details of buy to let interest tax relief change
Any lingering hope that the buy to let sector might have of a rethink by the new Chancellor over restructuring mortgage interest tax relief for landlords has been quashed. Instead, the government has set out details of how the mortgage interest relief restrictions will be phased from April 2017. In a post on the government […]
Demand for property grows across the UK but not in London
National property demand in the UK has increased by 3% overall since the first quarter of the year but it is down by 2% in London, the latest hot spot index shows. Despite the initial artificial spike in demand ahead of April’s stamp duty deadline, the changes to tax brackets for second home and buy […]