Browsing all articles from January, 2024
Jan
26

Rents hit new highs but growth slows down

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Rents in the UK reached new records in 2023, but the pace of growth slowed down significantly compared to previous years, according to Rightmove.

There are also signs that some areas are seeing the tenant affordability ceiling being reached.

View Full Article: Rents hit new highs but growth slows down

Jan
25

Daily Telegraph wants to speak to young landlords with lodgers

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Are you a young live-in landlord? Then, Eir Nolsøe, senior economics reporter, for the Telegraph would like to speak with you.

Eir would like to speak to young live-in landlords who got on the property ladder with help from family and are now subsidising the mortgage by renting out one or multiple rooms to lodgers.

View Full Article: Daily Telegraph wants to speak to young landlords with lodgers

Jan
25

Tenant gave notice then changed his mind?

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Hello, I am selling all my properties and planned to send the S21 to the tenant of the ‘next in line’ in early January as my mortgage fixed term ends in October. On the day I was going to start the process I was very happy to receive Notice from him

View Full Article: Tenant gave notice then changed his mind?

Jan
25

Scotland’s property boom as the pandemic pushes prices up by £43k

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Scotland has seen an extraordinary surge in property prices since the pandemic, with average values rising by £43,381 in less than four years, according to a leading estate agency.

DJ Alexander Ltd has analysed the latest data and found that between March 2020 and November 2023

View Full Article: Scotland’s property boom as the pandemic pushes prices up by £43k

Jan
24

Landlords: it’s time to get 2024 off to a flying start

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You’re a landlord looking to sell, but last year was a challenge. In 2024, it’s time to get your portfolios and properties sold and get you moving on to your next projects.

Why now? The biggest challenge for landlords wanting to sell is that they want to shift properties in bulk

View Full Article: Landlords: it’s time to get 2024 off to a flying start

Jan
24

When condensation and mould is caused by the tenant?

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Hello, We are currently dealing with a tenant who has complained to environmental health about the damp in their property. We have been instructed to re-decorate the whole property which we do not mind, but every time we go to the property

View Full Article: When condensation and mould is caused by the tenant?

Jan
24

Scotland’s landlords warned about new electrical safety rules

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Private landlords in Scotland have been warned by SELECT, the trade association for the electrical industry, to make sure their properties meet the new Repairing Standard guidance on electrical safety, which comes into effect on March 1.

The guidance

View Full Article: Scotland’s landlords warned about new electrical safety rules

Jan
23

Financial strain and abolition of Section 21 are driving landlords out of the PRS

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“A perfect storm” is how one legal expert describes the difficult position of landlords within the private rented sector (PRS), with the Renters’ (Reform) Bill playing a significant part in it.

Gina Peters, the head of landlord and tenant at law firm Dutton Gregory

View Full Article: Financial strain and abolition of Section 21 are driving landlords out of the PRS

Jan
22

MPs call for ‘Awaab’s Law’ to be extended to the PRS

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MPs are calling on the government to extend the proposed Awaab’s Law, which sets new deadlines for social housing landlords to fix unsafe homes, to the private rented sector (PRS).

The Health and Social Care Committee says that the legislation will improve the quality and safety of both social and private rented homes.

View Full Article: MPs call for ‘Awaab’s Law’ to be extended to the PRS

Jan
22

Landbay launches new range with AVMs for faster BTL offers

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Landbay has introduced a new range of products that use automated valuation models (AVMs) to cut down the time to offer – and help landlords save money.

The specialist buy to let lender is the first to use the platform for its new range of five-year fixed-rate products

View Full Article: Landbay launches new range with AVMs for faster BTL offers

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