Browsing all articles from November, 2023
Nov
30

Sadiq Khan pushes for tougher penalties for landlords over mouldy homes

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The London Mayor is calling for tougher sanctions for private landlords who let out mouldy homes in the capital.

Sadiq Khan wants to see rent rebates doubled if landlords fail to fix mouldy and draughty homes in London.

View Full Article: Sadiq Khan pushes for tougher penalties for landlords over mouldy homes

Nov
29

£ for £ remortgage with NO Interest Cover Ratio

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In the current market, some landlords are struggling to meet the lender’s requirement for rental income to be 125% – 145% of the mortgage payment. This can leave some stuck on the lenders standard variable rate, a higher rate of interest.

View Full Article: £ for £ remortgage with NO Interest Cover Ratio

Nov
29

Fed-up BTL landlords look to sell as interest rates rise

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The rise of social media has seen self-professed ‘property experts’ offering property investment courses and pricey one-day seminars with promises of becoming ‘financially free’. By that, they mean rich.

But these so-called property gurus charge a hefty fee for their advice

View Full Article: Fed-up BTL landlords look to sell as interest rates rise

Nov
29

Private rents in Scotland soar by 14.3% in a year

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Despite a rent cap, there has been a sharp increase in average rents across all property sizes in Scotland, with the most common size of home in the private rented sector (PRS) – two-bedroom homes – rising by 14.3% in the year to the end of September.

View Full Article: Private rents in Scotland soar by 14.3% in a year

Nov
28

UK rents soar by over a third above inflation in a year

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UK renters are feeling the pinch as rents rose by more than a third above inflation in the past year, according to new data.

The Deposit Protection Service (The DPS) tracks the average monthly rent and it found that rents reached £1,121.46 in Q3 2023

View Full Article: UK rents soar by over a third above inflation in a year

Nov
27

Rents will rise and house prices will fall in 2024 prediction

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A market forecast for the sales and lettings markets for the next two years reveals that tenants will see rents rise and landlords and homeowners will see their property values fall.

The forecast leading estate agency Chestertons has looked at the economic outlook for 2023

View Full Article: Rents will rise and house prices will fall in 2024 prediction

Nov
27

A complaint about OpenRent article on landlords maximising profits

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Booming Rental Market: How OpenRent Landlords Are Maximising Profits

Dear OpenRent team,

I object to your article for several reasons. Firstly, the whole tone of ‘landlords maximising profits’ and ‘How Much Can a Landlord Increase Rent in 2023?’

View Full Article: A complaint about OpenRent article on landlords maximising profits

Nov
27

Landlord flood insurance: How to protect property after storm damage

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After Storm Babet and Ciaran wreaked havoc across the country in recent months, there’s more bad weather on the way and landlord flood insurance is one way to help protect a rental property investment.

Flood insurance is one of the biggest challenges facing the insurance sector and landlords will want peace of mind when choosing cover amid the recent chaos of weather.

View Full Article: Landlord flood insurance: How to protect property after storm damage

Nov
24

Why I Am Selling Buy-To-Let Property In 2024?

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Join Ranjan in another video where he discusses why he’s selling up some of his buy-to-let investment property in 2024 and will share why you should consider doing the same.
Watch the video below to find out more

 

View Full Article: Why I Am Selling Buy-To-Let Property In 2024?

Nov
24

Angela Rayner: Big mouth strikes again

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Oh, dear, oh, dear, I can’t believe that the intellectual colossus known as Angela Rayner has declared that section 21 ‘no-fault’ evictions will be made illegal on day one of a Labour government.

Leaving aside my prediction that Labour won’t win the next General Election

View Full Article: Angela Rayner: Big mouth strikes again

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