Letting agents warned of fines under new sanctions rules
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New rules coming into force today will affect all letting agents across England.
The government is making it mandatory for letting agents to carry out sanctions checks on all prospective landlords at the point of instruction
View Full Article: Letting agents warned of fines under new sanctions rules
Southern landlords most confident about BTL’s future
Landlords in southern England are markedly more hopeful about their buy to let (BTL) ventures compared to their counterparts in the Midlands and north, a study reveals.
The survey by Landbay, which gathered insights from landlords managing around 2,000 properties
View Full Article: Southern landlords most confident about BTL’s future
Landlords risk financial ruin over licensing lapses
Landlords who make a minor selective licensing mistake, such as missing a renewal notice, can be plunged into severe financial distress, with penalties reaching astronomical sums, one expert warns.
Local councils, which are intensifying their enforcement of selective licensing schemes
View Full Article: Landlords risk financial ruin over licensing lapses
Tories slam Labour’s ‘bully-boy tactics’ as they rush Renters’ Rights Bill through committee stage
Labour peers will be forced to sit late into Wednesday night to push the Renters’ Rights Bill through the committee stage, according to The Telegraph.
The final two committee stage debates are scheduled for this week
View Full Article: Tories slam Labour’s ‘bully-boy tactics’ as they rush Renters’ Rights Bill through committee stage
Britain’s most expensive rent postcode isn’t in London
While London lays claim to the highest average rent being paid by tenants, it isn’t home to the priciest rental postcode, research reveals.
That accolade goes to Buckinghamshire’s HP9 postcode where tenants face an average monthly rent of £5,920.
View Full Article: Britain’s most expensive rent postcode isn’t in London
Avoid County Court eviction delays by using High Court enforcement
Landlords across England and Wales struggling to get their properties back because of months of delays and a ‘postcode lottery’ in the County Court system are being urged to enforce their judgments through the High Court.
Landlords across England and Wales currently face significant delays in evicting problem tenants and reclaiming their properties caused by backlogs in the County Court system.
View Full Article: Avoid County Court eviction delays by using High Court enforcement
More BTL lenders unveil deals and solutions for landlords
Several UK specialist lenders have introduced innovative products to address the evolving needs of professional landlords and property investors, offering greater flexibility and competitive pricing.
Hampshire Trust Bank (HTB) has rolled out Portfolio Edge
View Full Article: More BTL lenders unveil deals and solutions for landlords
Eviction of a tenant not yet in residence?
I had a property which burnt down in a fire 4 years ago, and was a landlady to a lovely tenant whom I took on via the local council rent guarantee scheme.
The insurance has paid for the alternative accommodation for the last 4 years.
View Full Article: Eviction of a tenant not yet in residence?
Bank of England confirm predicted 0.25% drop in Base Rate
As widely predicted, and not this time following the US Federal Reserve, the Bank of England’s Monetary Policy Committee (MPC) voted 5-4 to reduce the Bank Base Rate by 0.25% to a total rate of 4.25%.
Although it looked like a close vote
View Full Article: Bank of England confirm predicted 0.25% drop in Base Rate
UK house prices show modest rise – Halifax
The UK’s house prices edged up by 0.3% in April, reversing a 0.5% dip from March, bringing the average property value to £297,781, according to Halifax.
This marks an increase of nearly £900, with the annual growth rate climbing to 3.2%
View Full Article: UK house prices show modest rise – Halifax
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