January sales: One third of homes have prices cut

admin    Uncategorized     agents

An analysis of more than 322,000 homes currently listed for sale found that 113,612 properties have seen the asking price being reduced – that’s around 35% of the market.

The findings from eXp UK, the platform for personal estate agents

View Full Article: January sales: One third of homes have prices cut

Angela Rayner slams Section 21 evictions as cause of homelessness

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Angela Rayner claims the Labour government want to work with landlords, but blames Section 21 evictions for having a significant impact on homelessness.

In a meeting with the Housing, Communities and Local Government Committee, Ms Rayner claims the government wants to support landlords in providing “safe and secure homes”.

View Full Article: Angela Rayner slams Section 21 evictions as cause of homelessness

Professional landlords diversified portfolios in 2024 – Shawbrook

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Professional landlords shifted focus last year to higher-yielding property types, including semi-commercial and commercial, while refinancing activity reflects a cautious approach to debt management, an analysis by Shawbrook reveals.

It found that while overall application volumes remained consistent

View Full Article: Professional landlords diversified portfolios in 2024 – Shawbrook

Kick-off 2025 with cash in the bank by selling your property portfolio

admin    Uncategorized     agents

2024 was a tough year for landlords, with Labour winning the general election and introducing new legislation that will make it even more difficult for landlords to operate in the sector.

The introduction of the Renters’ Rights Bill

View Full Article: Kick-off 2025 with cash in the bank by selling your property portfolio

Advice for NI landlords on new electrical safety regulations

admin    Uncategorized     agents

Landlords in Northern Ireland face new regulations for the electrical safety of their rental properties.

The Electrical Safety Standards for Private Tenancies Regulations (Northern Ireland) 2024 was approved by the Northern Ireland Assembly in November.

The law introduces mandatory electrical safety checks for all private tenancies.

View Full Article: Advice for NI landlords on new electrical safety regulations

Must all landlords register with the Information Commissioner’s Office?

admin    Uncategorized     agents

Data, i.e. information about people, is important, which is why we have regulations to tell us how to look after it.

These regulations are enforced by the Information Commissioner’s Office (ICO).  To fund their work, most businesses need to register with the ICO and pay an annual fee. 

View Full Article: Must all landlords register with the Information Commissioner’s Office?

Can communal land be sold and must I allow a bat roost survey?

admin    Uncategorized     agents

Hi, I have owned two flats for 19 years, with tenants, and have been paying a maintenance charge to a company who takes care of all communal areas in this development.

A large area of this communal land has been put up for sale

View Full Article: Can communal land be sold and must I allow a bat roost survey?

Industry body calls for investment over legislation to support PRS

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More investment not legislation is needed for the private rented sector, says Propertymark.

The industry body says the private rented sector remains challenging and the Renters’ Rights Bill must strike “a workable and fair balance” for landlords and tenants.

View Full Article: Industry body calls for investment over legislation to support PRS

Gas boiler ban dropped but homes could still be forced to switch to heat pumps

admin    Uncategorized     agents

Plans to ban new gas boilers by 2035 will be scrapped, but nearly all homes must install a heat pump.

According to the i newspaper, a ban on gas boilers being installed in newly built homes will be confirmed later this year

View Full Article: Gas boiler ban dropped but homes could still be forced to switch to heat pumps

Landlord and proud?

admin    Uncategorized     agents

Hi, I have been a landlord for nearly two decades and it has been more demanding than my corporate job.

For much of my working life, I worked for corporates ending my career at one of the world’s top insurance companies and was credited with their highest internal awards for making savings of tens of millions;

View Full Article: Landlord and proud?