Landlord insurance for letting to asylum seekers

admin    Uncategorized     agents

WHATEVER your politics, the option of letting your rental property to a government agency or charity to house asylum seekers is now front and centre in the news.

Briefly, the background to this is news stories about the government and its agencies looking to move asylum seekers from hotels to rental properties.

View Full Article: Landlord insurance for letting to asylum seekers

Student tenancies face lower end-of-tenancy charges than other renters

admin    Uncategorized     agents

Students face lower financial penalties at the end of their tenancies compared to other private renters – though the cleaning bill is higher, research reveals.

Data from Reposit shows that in 2024, the average cost for students was £788

View Full Article: Student tenancies face lower end-of-tenancy charges than other renters

“I’m richer now selling my houses than I was renting them” – Landlords rush to get out

admin    Uncategorized     agents

It’s a story we’re hearing over and over again this month, and in the upcoming weeks, we expect no different. Enter the unexpected wealth boom transforming smart landlords’ fortunes and, you guessed it, the game is in getting out, not getting further in.

View Full Article: “I’m richer now selling my houses than I was renting them” – Landlords rush to get out

Bank of England keeps interest rates at 4.25% amid persistent inflation

admin    Uncategorized     agents

The Bank of England has decided to keep interest rates at 4.25% in a move anticipated by financial experts due to ongoing economic challenges.

With inflation holding at 3.4%, significantly above the target of 2%, the Monetary Policy Committee (MPC) opted for caution

View Full Article: Bank of England keeps interest rates at 4.25% amid persistent inflation

Councillor slams selective licensing scheme and warns of landlord exodus

admin    Uncategorized     agents

A councillor has criticised selective licensing schemes, describing them as a “supplementary tax” on landlords.

Speaking at a Wirral Council meeting of the Economy, Regeneration and Housing Committee, Councillor Tony Cox argued that many landlords are unable to avoid the financial burden imposed by the schemes.

View Full Article: Councillor slams selective licensing scheme and warns of landlord exodus

Renters’ Rights Bill could lock out vulnerable tenants from the PRS

admin    Uncategorized     agents

The controversial Renters’ Rights Bill may inadvertently exclude some of the rented sector’s most vulnerable tenants, one firm reveals.

According to Leaders Romans Group (LRG), the Bill’s restriction on limiting advance rent payments to one month could hinder access to housing for vulnerable groups of people.

View Full Article: Renters’ Rights Bill could lock out vulnerable tenants from the PRS

City Hall Conservatives challenge landlord stereotypes and blame Sadiq Khan for London’s housing crisis

admin    Uncategorized     agents

It’s easier for London Mayor Sadiq Khan to paint a picture of greedy landlords than to solve London’s housing crisis, claims a member of the London Assembly.

In an exclusive video interview with Property118, deputy leader of the City Hall Conservatives and London Assembly Member

View Full Article: City Hall Conservatives challenge landlord stereotypes and blame Sadiq Khan for London’s housing crisis

New BTL and commercial mortgage products launched

admin    Uncategorized     agents

Foundation Home Loans has introduced five new limited edition buy to let mortgage products tailored for landlords seeking larger loans.

These offerings focus on expat landlords, houses in multiple occupation (HMOs), and multi-unit freehold blocks (MUFBs)

View Full Article: New BTL and commercial mortgage products launched

Modern PRS homes in England carry an 18% rent premium

admin    Uncategorized     agents

Tenants seeking a modern home in England face a substantial rent premium of up to 18%, with monthly rents for these properties averaging £1,578, compared to £1,419 for standard rentals.

That’s according to FCC Paragon’s latest findings which found the £159 difference represents an 11.2% premium

View Full Article: Modern PRS homes in England carry an 18% rent premium

Landlords face soaring costs and EPC downgrades under new rules

admin    Uncategorized     agents

Landlords face “death by a thousand clipboard checks” over new EPC rules that have come into force.

The government announced the biggest changes in the way Energy Performance Certificates (EPCs) are assessed in more than a decade

View Full Article: Landlords face soaring costs and EPC downgrades under new rules