House prices see largest annual fall in 14 years
House prices are down 3.1% year-on-year in March, said Nationwide, the largest annual decline since July 2009. This took the average UK house price to £257,122, a 0.8% fall compared to February and the seventh consecutive monthly drop. Robert Gardner, Nationwide’s chief economist, said: “The housing market reached a turning point last year as a […]
Rent Guarantee for Landlords
Protecting Landlords from Tenants who don’t pay. NetRent Insurance Services through our partner, Clear Insurance Management Ltd are able to offer Rent Guarantee including Legal Expenses as a standalone policy. Read all about Rent Guarantee and Legal Expenses cover Or call us now on 01352 721300
The new How To Rent Guide is now available
This guide is for tenants and landlords in the private rented sector to help them understand their rights and responsibilities. It provides a checklist and more detailed information on each stage of the process, including: what to look out for before renting living in a rented home what happens at the end of a tenancy […]
One in four tenants is struggling to pay rent, survey finds
Around one in four, or 23%, of tenants have said that that they are struggling to pay their rent, the Deposit Protection Service (DPS) has revealed. Matt Trevett, managing director at the DPS, said that the survey results suggested that rent rises were taking place across the country and were clearly affecting moving and non-moving […]
Councils treat landlords like cash machines says mortgage chief
A mortgage chief has accused local authorities of treating private landlords like cash machines. Justin May, chief executive of EHF Mortgages, makes the claim in comments about the government consultation on council tax applied to HMOs. The consultation closes at midnight today. Under the current rules, the Valuation Office Agency has the discretion to split […]
Gang of criminal landlords fined £434,000 for housing offences
Eight criminal landlords (five individuals and three companies) have been fined £434,000 for offences under the Housing Act 2004, including the operation of 14 unlicensed houses in multiple occupation (HMO) and a catalogue of breaches relating to fire safety, tenant information and maintenance of the properties. West Northamptonshire Council’s (WNC) Private Sector Housing Team began […]
Private renters who complain about disrepair more than twice as likely to be slapped with an eviction notice
Private renters who complained to their landlord, letting agent or local council in the last three years were two and a half times (159%) more likely to be handed an eviction notice than those who had not complained, new research from Shelter reveals. Due to the lack of regulation in private renting, millions of tenants […]
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BTL landlords must hit net zero targets or face ban letting properties
There is growing speculation that the deadline for landlords to meet new minimum energy efficiency standards for new tenants will be extended until 2028, and will now apply to all rental properties. Landlords failing to comply will face a fine of up to £30,000. During the tail end of 2021, the government consulted on a […]
In defence of landlords
Whisper it millennials, but YIMBYism (Yes In My Back Yard) might be gathering momentum. Recent surveys have found more people agree than disagree that there is a housing crisis in their local area, and more would support building houses than oppose it. They may be given the chance to do so. Last year, government announced […]