Apr
10

Capital Letters will cease operating by the end of 2025

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London’s not-for-profit organisation for helping find homes to rent for homeless people, Capital Letters, has announced it will shut down by the end of 2025.

Among the issues are London’s landlords selling up and those who did rent at Local Housing Allowance (LHA) rates having to increase rents beyond LHA rates to survive.

View Full Article: Capital Letters will cease operating by the end of 2025

Apr
10

Criminal landlords could face jail but critics warn of enforcement gaps

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A landlord organisation and the Scottish Conservatives warn new proposals aimed at tackling criminal landlords must address the root of the problem.

Scottish Labour has tabled an amendment to the Scottish Housing Bill that could see landlords who illegally evict tenants face up to two years in prison.

View Full Article: Criminal landlords could face jail but critics warn of enforcement gaps

Apr
9

Landlords are being forced out of the market warns industry body

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Pressure on landlords continues to force them out of the private rented sector as tenant demand continues to jump, says industry body.

Propertymark’s Housing Insight report reveals demand continues to outstrip supply with the average number of applicants per member branch sitting at 10 people for each available.

View Full Article: Landlords are being forced out of the market warns industry body

Apr
9

UK’s prime coastal property investment hotspots revealed

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As the appetite for seaside homes in the UK continues to rise, investors are increasingly balancing lucrative returns against rising climate threats, one firm says.

Insurance firm Pikl says that with increasing property prices and affordability concerns, pinpointing areas that offer both profitability and durability has become essential.

View Full Article: UK’s prime coastal property investment hotspots revealed

Apr
8

Former Tory MP warns of Renters’ Rights Bill consequences and media bias

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Former Tory MP blasts one-sided media for misrepresenting landlords and says the Conservatives’ Renters (Reform) Bill was a compromise to avoid even worse reforms under a future government.

In a video interview with eviction expert and founder of Landlord Action

View Full Article: Former Tory MP warns of Renters’ Rights Bill consequences and media bias

Apr
8

London councils’ landlord Capital Letters faces closure amid market challenges

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Capital Letters, an organisation established by several London councils to tackle the growing homelessness issue and cut costs on temporary housing, stands on the verge of closure, according to Inside Housing.

Launched in 2019, Capital Letters describes itself as a ‘not-for-profit landlord and service provider’.

View Full Article: London councils’ landlord Capital Letters faces closure amid market challenges

Apr
8

MSP plans new rent controls on private landlords

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The Scottish Greens have unveiled proposals aimed at curbing the ability of landlords to raise rents on properties that fail to meet basic living standards.

Maggie Chapman MSP has submitted amendments to the upcoming Housing (Scotland) Bill

View Full Article: MSP plans new rent controls on private landlords

Apr
7

Lights, camera, action (or lack of)?

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Does anyone know what the legal position is as far as security lights and cameras are concerned, when it comes to landlords allowing private tenants to set up these things?

First a few logistical comments. The rental properties in question comprise of two semi-detached cottages;

View Full Article: Lights, camera, action (or lack of)?

Apr
7

UK house prices fell in March – Halifax

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The average price of homes in the UK fell by 0.5% in March, marking a sharper decline compared to the 0.2% drop seen in February, Halifax reports.

It says that the average property value is £296,699

View Full Article: UK house prices fell in March – Halifax

Apr
7

Fleet Mortgages unveils essential HMO guide for landlords

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Fleet Mortgages has published a helpful guide to HMOs for landlords to address the growing demand for these investments.

The lender also says that the guide reinforces its commitment to educating and supporting buy to let customers with enhanced product offerings.

View Full Article: Fleet Mortgages unveils essential HMO guide for landlords

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