Landlords shouldn’t be expected to prop up the rental market
Much of Britain’s economy has been ordered into hibernation as the virus wreaks havoc on the retail and leisure sectors. And while the furlough scheme has been a saving grace for many thousands of people working across such industries, for the private rental market such generous help has not been as forthcoming. Despite mountains of […]
Tenant demand dips in December as market remains steady
The rental market remained on a steady footing in December with tenant demand seeing a slight dip during the festive period. According to the latest data and analysis from ARLA Propertymark, 30% of tenants experienced rent increases during the month – a slight rise against the 28% of agents witnessing landlords increasing rents in November […]
Landlords buy in cities, bucking the Covid countryside craze
Coronavirus has prompted much talk of landlords and tenants alike fleeing cities for the country – but some evidence suggests that may not be borne out in reality. Nearly seven out of 10 landlords will continue to target property in urban areas for their next portfolio purchase, Paragon Bank research has found. Click here […]
Private renters should be able to keep a pet, ministers tell landlords in overhaul of default tenancy contract
Renters in private accommodation should be able to have a pet, the Government has said as it unveiled an overhaul of the default tenancy agreement. The new model contract recommended as the basis for landlords to use with tenants states that renters should be allowed to keep a pet animal in their home unless there […]
Renters’ rights are finally being debated on a national level – but will political leaders listen?
If you were one of the 13 million people in the five million households paying 40 per cent of monthly income to private landlords who could evict your family at short notice, without even having to give a reason, you may well have felt insecure. And that was before the pandemic. Insecurity of tenure has […]
How to Increase Your Property Portfolio
When first starting in property investment, it can be hard to build a large amount of capital to invest. Instead, consider these creative ways and innovative strategies to get your business off its feet. The COVID-19 pandemic’s effects on the housing market have seen a demand for high deposits, but mortgages at some of their […]
Preston man finds 4ft snake at house he was about to show to new tenants
A property manager was in for a shock when he discovered a four-foot long snake at a Preston property he was preparing for viewings. The man had gone round to the house on Hoyles Lane when he discovered his first, unexpected visitor – much to his surprise. Click here to go to the original […]
Letting agent fees: can landlords and agents charge more than £50 for a change of tenant?
The Tenant Fees Act 2019 restricts the ability of landlords and letting agents to charge fees to tenants in England, but the Act does not ban all fees and charges. There are various ‘permitted payments’ which can still be imposed, and these include fees paid to the landlord or agent for the variation, assignment or […]
Hull is home to UK’s ‘worst landlords’ according to reviews
Hull has the worst landlords in the UK, according to online reviews. Collecting average landlord ratings from Yell, Google and the rate your landlord website Marks Out Of Tenancy, ClearItWaste have revealed which city has the worst landlords. Click this link to go to the original article.
Letting Agent ordered to pay landlord compensation over failed tenancy
A lettings agent which accepted a tenant on the strength of a screen-shot of a bank transfer resulting in him living rent-free for six weeks has been ordered to compensate a landlord. The website of a sales and lettings agency promises: “We are committed to providing each and every one of our landlords with a […]