Call to save the PRS by scrapping landlord levies

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The private rented sector (PRS) is in dire straits, with rocketing tenant demand and a fall in the number of homes to rent, Ben Beadle says.

In an article for The Times, the chief executive of the National Residential Landlords Association (NRLA)

View Full Article: Call to save the PRS by scrapping landlord levies

Foundation offers consumer buy to let mortgages

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Foundation Home Loans, the intermediary-only specialist lender, has announced that consumer buy to let (CBTL) mortgages are now accepted as standard criteria across its ‘Buy to Let by Foundation’ and ‘Solutions by Foundation’ product ranges. 

The following scenarios are typical of a consumer buy to let:

• Property inherited from a relative
• Applicant/customer moved in with a partner and wants to let out the property
• Applicant/customer moving for work but wishes to keep and let out the property
• Applicant/customer remortgaging their current main residence to a buy-to-let mortgage

View Full Article: Foundation offers consumer buy to let mortgages

Council offers help to tenants and landlords struggling with damp and mould

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Tenants and landlords are being encouraged to seek help from their local council to address persistent damp and mould problems in their rental properties.

The Forest of Dean District Council’s environmental health team is offering advice and assistance as part of a new initiative called ‘Healthy Homes’.

View Full Article: Council offers help to tenants and landlords struggling with damp and mould

Landlords say government’s EPC C target by 2030 is ‘impossible’

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As the UK government pushes ahead with its plan to require all rental properties to achieve an EPC rating of C by 2030, a growing number of landlords are sounding the alarm.

According to a survey by Landwood Group

View Full Article: Landlords say government’s EPC C target by 2030 is ‘impossible’

Energy price cap hike to hit least efficient homes hardest

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The energy price cap is set to rise by 10% from 1st October, leading to significant increases in energy bills for UK households, Rightmove says.

The property website warns that the least energy-efficient homes rated as G will be hit the hardest

View Full Article: Energy price cap hike to hit least efficient homes hardest

Scotland’s PRS faces a rent control crisis as supply declines

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Scotland’s private rented sector (PRS) is facing a perfect storm of rising rents and concerns about dwindling supply as the Scottish government pushes for rent controls, one firm says.

CityLets warns that as the Scottish Government continues to push forward with legislation to control rents in PRS hotspots

View Full Article: Scotland’s PRS faces a rent control crisis as supply declines

Landlords fear being “taxed to the hilt” by Labour, rush to sell before November

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A new Labour government, Section 24 tax, and the proposed Renters Rights Bill have landlords understandably worried. Coupled with the threat of 45% Capital Gains Tax, it looks like before too long, landlords are going to be “taxed to the hilt.” It makes sense

View Full Article: Landlords fear being “taxed to the hilt” by Labour, rush to sell before November

E-Bikes in Rental Properties: Key Considerations for Landlords

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As e-bikes and scooters become an increasingly popular mode of transportation, both for personal use and for tenants who work as local food delivery riders, landlords must navigate the unique challenges these electric-powered vehicles present in rental properties.

While e-bikes offer tenants a convenient and eco-friendly way to commute

View Full Article: E-Bikes in Rental Properties: Key Considerations for Landlords

Property118 Incorporation Client Speaks Out

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When the letter from HMRC landed on my doormat, I barely gave it a second thought. It seemed like just another piece of bureaucratic correspondence. But as I unfolded the paper and scanned the contents, the words “compliance check” hit me like a punch to the gut.

View Full Article: Property118 Incorporation Client Speaks Out

Why councils can’t run private rented homes – after another failed landlord fiasco

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Every private landlord in the country must know that their local council is hopeless and doesn’t understand the private rented sector – but did you know that they couldn’t run a bath?

I’m talking, of course, about the not-so-shocking news that another private landlord organisation created by a council has hit the buffers.

View Full Article: Why councils can’t run private rented homes – after another failed landlord fiasco