Landlords braced for more interest rate rises in New Year
The Bank of England has raised interest rates for the first time in more than three years, in response to calls to tackle surging price rises. The increase to 0.25 per cent from 0.1 per cent followed data this week that showed prices climbing at the fastest pace for 10 years. It came despite fears […]
Council strategy emphasises punishment for rogue landlords
Rogue landlords in one area of London could face unlimited fines, criminal convictions and bans from letting out properties. The measures are set out in Hackney council’s new rental strategy agreed this week. A statement from the authority this week says it “will always work with landlords to resolve issues in the first instance, the […]
Can Landlords Cope with the Regulatory Burden?
Agencies can leverage technology and economies of scale to ensure compliance across their entire portfolio, while landlords who choose to self-manage face an uphill battle to accomplish the same task with fewer resources. This was one of the takeaways of a recent state-of-the–industry report published by automated rental payment platform PayProp, based on a roundtable […]
Landlord’s guide to right to rent checks
Information on how landlords, letting agents and homeowners can comply with the right to rent scheme and how to carry out right to rent checks. We are aware this publication may have accessibility issues. We are reviewing it so that we can fix these. Read more about our accessible documents policy. Click on this link […]