NRLA welcomes MP’s admission that housing supply affects rents

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In answer to a written question, Labour’s Treasury Minister Emma Reynolds has highlighted the pressures driving up rents – a lack of housing.

Addressing a query from Bell Ribeiro-Addy who asked if the Chancellor of the Exchequer had assessed the potential impact on economic growth of rising rents.

View Full Article: NRLA welcomes MP’s admission that housing supply affects rents

Letting agents sell ahead of the Renters’ Rights Bill

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There has been an increase in smaller letting agencies looking to offload their businesses ahead of the upcoming Renters’ Rights Bill, one firm says.

According to Spicerhaart, a leading national estate agency group, it says it has seen a flood of enquiries from smaller firms eager to sell amidst growing uncertainty.

View Full Article: Letting agents sell ahead of the Renters’ Rights Bill

TML and Fleet reduce their buy to let rates

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The Mortgage Lender (TML) and Fleet Mortgages have unveiled fresh buy to let offerings for landlords, including first-time landlord investor deals.

TML has rolled out improved buy to let products with an 80% loan-to-value (LTV) option

View Full Article: TML and Fleet reduce their buy to let rates

Labour government reject rent controls but claim Renters’ Rights Bill won’t drive landlords out

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The Labour government claim they do not support rent controls, but say the Renters’ Rights Bill will not cause landlords to leave.

Baroness Taylor of Stevenage, Lords Minister for Housing and Local Government, made these comments during a debate in the House of Lords on the private rented sector and affordable rents.

View Full Article: Labour government reject rent controls but claim Renters’ Rights Bill won’t drive landlords out

NI councils take charge of landlord registration scheme

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Northern Ireland’s councils have taken control of the Landlord Registration Scheme which should boost housing oversight, the communities minister says.

Launched in February 2014, the initiative established a central database capturing details of private landlords

View Full Article: NI councils take charge of landlord registration scheme

Landlord sells 23 properties in 16 days: get the highest price now before the market drops

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It’s a tough decision to make: should you hold on to your properties, hoping to recover your portfolio back to the golden era of profits? Or is the market well and truly dead? If you’re a landlord who’s been thinking about this over the last year

View Full Article: Landlord sells 23 properties in 16 days: get the highest price now before the market drops

Leaseholders gain more power with RTM changes

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Leaseholders in mixed-use developments will gain greater authority over their properties under the Leasehold and Freehold Reform Act 2024 which takes effect from today (Monday 3 March).

One key change, outlined in Section 49, adjusts the non-residential threshold for Right to Manage (RTM) claims

View Full Article: Leaseholders gain more power with RTM changes

Is now the perfect time to sell?

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Demand for properties is at an all-time high, and with the property market booming, now could be the perfect time to sell.

In the last month alone, demand for homes has increased by 13%, and we’ve had more than 200 landlords contact Landlord Sales Agency to sell their rental properties — you could be next!

View Full Article: Is now the perfect time to sell?

UK house price growth steady at 3.9% – Nationwide

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The housing market showed continued strength in February, with the annual rate of price rises holding firm at 3.9%, a slight dip from January’s 4.1%, Nationwide reveals.

On a monthly basis, prices edged up by 0.4%

View Full Article: UK house price growth steady at 3.9% – Nationwide

PRS housing shortage ‘threatens Chancellor’s economic vision’

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A coalition of property experts is highlighting the lack of homes to rent in the UK could derail ambitious government plans to lure top-tier international talent.

Organisations representing landlords, individual property owners and letting agents have united in their call for swift measures to increase the availability of homes for tenants.

View Full Article: PRS housing shortage ‘threatens Chancellor’s economic vision’