The university cities where landlords are clawing the most profit from students
Every student has a landlord horror story. Landlords are arch-nemeses of the university student community. They paint over mould, cba fixing your oven and claw at your already-slender student loans with their slimy talons, bumping up the rent year on year. And luckily for landlords, who need as much assistance as they can get during […]
Ministers urged to address shrinking PRS as landlords sell up
Propertymark’s latest research into the shrinking private rented sector, leading a new report warning that rents could be driven up, has been raised with government ministers in England and Scotland. Labour MP Navendu Mishra cited the findings when asking what steps the UK government’s Department for Levelling Up, Housing and Communities is taking to ensure […]
What does the Fairer Private Rented Sector white paper mean for landlords?
By Guy Evans, property litigation lawyer at Thomson Snell & Passmore The government has published its Fairer Private Rented Sector white paper, setting out proposals for the biggest changes to the private rented sector in the last twenty years. But what does it mean for landlords, and what can they do now to get prepared? The […]
How to attract higher-paying tenants
Providing good-quality housing with stylish and well-equipped interiors is the only way to go if landlords want to attract and keep high-paying tenants, says a survey of 1,000 UK adults by Hatch Interiors. “In tough economic times, renters are needing to see real value in return for their hard-earned money,” said Jodie Wardell, Head of BTR at Hatch […]
Problem Tenants: can private landlords learn from housing associations?
A pioneering project is matching private landlords with tenant management skills in a local housing association. Salford council and the Irwell Valley Homes housing association have teamed up to launch the first training course in the country for private landlords whose tenants may be experiencing or causing problems. The aim is to sustain tenancies by […]
Which is cheaper – renting or buying? Hamptons reveals change
The average rent in Great Britain rose by 11.5% annually to £1,152 in May, according to the latest Hamptons Lettings Index. This is equivalent to £119 per calendar month higher than the previous year, and marks the first time that rental growth has hit double digits since Hamptons began recording in 2012. The latest figure […]
House prices to slow to 5% annual growth, says Rightmove
In a new data release covering June, it shows annual house price growth of 9.7%, bringing the average property price to £368,614. In May, house prices rose by 10.2% on the year. Rightmove expects this drop in pace to continue, saying that annual house growth will come to 5% by the end of this year. […]
Rent Controls in Wales – follow the evidence
The Welsh Government has committed to exploring rent controls as part of its Co-operation Agreement with Plaid Cymru. The introduction of rent controls would have a dramatic impact on the sector in Wales. In the Co-operation Agreement signed by the Welsh Government and Plaid Cymru a commitment was included to publish a White Paper which would […]
At last, the government is clamping down on England’s rogue landlords
The last thing your home should be is a source of harm. But that’s the reality for millions of people in England. If you’re a private renter, your landlord doesn’t need a reason to turf you out. The threat of eviction can make people hesitant to ask for improvements. As a result, one in five […]
Landlords will have to refund rent if homes are not kept in good condition
Landlords will be forced to refund rent if they do not keep homes in an acceptable condition in what is thought to be the biggest shake-up of the private rented sector in 30 years. As part of the overhaul being announced today by Housing Secretary Michael Gove, fixed-term tenancies will be outlawed and replaced with open-ended […]