Less than half of tenants have contents insurance

admin    Uncategorized     agents

Only 46% of the UK’s private tenants currently hold contents insurance, down from 51% in 2023 in the face of rising rents and the ongoing cost-of-living crisis, a survey reveals.

Insurance tech provider Paymentshield says the results suggest the rental insurance gap is widening.

View Full Article: Less than half of tenants have contents insurance

Landlords in their 50’s cash in: “Selling now is the equivalent of 20 years of rent”

admin    Uncategorized     agents

Let’s cut to the chase. You’ve been in property for the last decade, perhaps even longer. You’ve seen the news, we all have, and things just don’t look great for landlords. Last year, I took a good, hard look at my portfolio after finally making the decision it was time to downsize.

View Full Article: Landlords in their 50’s cash in: “Selling now is the equivalent of 20 years of rent”

Sadiq Khan urged to cut taxes for landlords amid housing crisis

admin    Uncategorized     agents

An industry body is urging London Mayor Sadiq Khan to take action to ease the tax burden on landlords.

In its response to Mr Khan’s consultation on the New London Plan, Propertymark accuses the Mayor of overlooking the role the private rented sector could play in addressing the capital’s housing crisis.

View Full Article: Sadiq Khan urged to cut taxes for landlords amid housing crisis

Is HMO licensing causing challenges for student landlords?

admin    Uncategorized     agents

Hi, it would appear that gaining an HMO licence is bringing a number of unintended consequences, making being a landlord more difficult than usual.

In Sheffield, the waiting time to renew is meant to be 13 weeks. I am now in my fourth month and have not received any replies to my emails asking where we are in the process

View Full Article: Is HMO licensing causing challenges for student landlords?

Renters’ Rights Bill amendment dishes up a ‘dog’s dinner’ for landlords – NRLA

admin    Uncategorized     agents

Labour’s proposed amendment to the Renters’ Rights Bill has stirred controversy by placing the financial burden of pet-related property damage squarely on landlords.

The changes, set to be debated in the House of Lords next week during the Bill’s Report stage

View Full Article: Renters’ Rights Bill amendment dishes up a ‘dog’s dinner’ for landlords – NRLA

Tenants lose fight as council can evict families to house homeless

admin    Uncategorized     agents

Tenants have lost a legal challenge against a Labour-run council after they were served eviction notices to make way for homeless families.

Earlier this year, Lambeth Council decided to reclaim over 160 homes on council estates.

View Full Article: Tenants lose fight as council can evict families to house homeless

Council unveils proposed licensing scheme consultation

admin    Uncategorized     agents

A council is urging residents, landlords and tenants to share their views on a proposed additional licensing scheme.

The proposed Additional Licensing Scheme targets small Houses in Multiple Occupation (HMOs), where three or more individuals from different households share facilities like kitchens and bathrooms.

View Full Article: Council unveils proposed licensing scheme consultation

How landlords can prepare and not panic for Awaab’s law

admin    Uncategorized     agents

If you’re a landlord, chances are you’ve heard of Awaab’s Law. And if you haven’t, now’s the time to pay attention.

This isn’t just another government guideline or a tweak to how repairs are handled. Awaab’s Law is a groundbreaking moment in UK housing — and it’s going to have a huge impact.

View Full Article: How landlords can prepare and not panic for Awaab’s law

MP claims landlords are pocketing taxpayer money while neglecting properties

admin    Uncategorized     agents

An MP has accused landlords of keeping taxpayers’ money while failing to meet basic property standards.

In a Work and Pensions Committee session for the Local Housing Allowance, Florence Eshalomi discussed the condition of private rented properties and how standards must be improved.

View Full Article: MP claims landlords are pocketing taxpayer money while neglecting properties

Government delays the phasing out of RTS energy meters

admin    Uncategorized     agents

The government has intervened to delay a planned mass switch-off of the Radio Teleswitch Service (RTS) meters which are used by 314,000 households.

The signal was due to be switched off on 30 June but with thousands of homes

View Full Article: Government delays the phasing out of RTS energy meters