Environmentally friendly properties among top considerations for BTL landlords

Portfolio BTL landlords are starting to seriously consider the green credentials of homes along with rental yield and opportunity for capital growth when making investment decisions, according to the latest Hodge data. The research found that 82% of landlords, investors and brokers who participated in the study said that environmental friendliness and energy efficiency were […]

PRS valued at £1.3trn in current market conditions

Despite declining from a high of 4,832,000 in 2016, there are still some 4,799,000 privately rented properties across England, equating to £1.3trn worth of housing stock within the private rental sector. Research from buy-to-let specialist, Sequre Property Investment, highlights that this is the second-highest level on record despite a string of government attempts to dampen […]

Scottish Landlords reaffirm commitment to avoiding evictions

Private and social landlords have signed new joint statements reaffirming their commitment to only take eviction action as a last resort. The statements have been agreed by the Scottish Federation of Housing Association (SFHA), the Glasgow and West of Scotland Forum of Housing Associations (GWSF) and COSLA, as representatives of social landlords. The Scottish Association […]

Landlord forced to remove triple-glazed windows

A landlord has criticised a council for ordering him to remove “energy efficient” triple-glazed windows. Mike West replaced single-glazed sliding sash windows with UPVC triple-glazed ones while renovating his Victorian house in Southsea, Portsmouth. Click here to read the full article.    

Rent rises reach record high: Propertymark

A record 68 per cent of letting agents reported that landlords raised rents in May, up from 67 per cent the previous month, according to Arla Propertymark. The average number of new prospective tenants who registered with letting agent branches last month reached 97, which was a record for the month of May and up […]

Official figures show big FALL in possessions during pandemic

Contrary to the impression put forward by some pressure groups, there’s been a continued fall in landlord possession claims between April 2020 and March 2021. This is according to new research produced by the National Residential Landlords Association, which shows that possession claims have dropped significantly since the initial court closures. Click on this link […]

Market rebalances with stamp duty holiday deadline looming

A steady slowdown in overall new enquiries to UK estate agents continued in the past week as the market, while remaining at elevated levels, continued its rebalancing as the first deadline for the stamp duty holiday neared, the latest data from the Yomdel Property Sentiment Tracker (YPST) showed. Landlords bucked the trend to rise 5% […]

The online scammers renting out other people’s homes

A scam where fraudsters con would-be renters out of thousands of pounds by pretending to own properties has been exposed by estate agents. Adverts for house sales are copied from legitimate websites and used in rental listings on online marketplaces. Click this link to read the full article.    

Interest rate worries played down by Bank of England

The Bank of England has played down worries that interest rates may have to rise as a result of growing levels of inflation. The BoE’s monetary policy committee yesterday voted 9-0 to keep interest rates steady at their current historic low of 0.1 per cent – the rate they have been at since the start […]