NRLA and Crisis team up to demand Renters (Reform) Bill update
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The National Residential Landlords Association (NRLA) has teamed up with the homelessness charity Crisis to urge clarification on the future of the Renters (Reform) Bill.
The call comes after media speculation that the Bill is ‘on the brink of collapse’
View Full Article: NRLA and Crisis team up to demand Renters (Reform) Bill update
Letting agents believe the government is ‘out of touch’ on housing
The survey of 160 agents by Goodlord, found that 75% of respondents doubted the government’s understanding of the sector’s challenges.
And 19% say they are uncertain, while just 6% believe the government truly grasps the intricacies of the market.
View Full Article: Letting agents believe the government is ‘out of touch’ on housing
Tory Budget Squeeze: Why Small Landlords Are Feeling the Pinch
Join Ranjan Bhattacharya in his latest video as he dissects the Conservative Party’s latest budget and its profound consequences for small-scale landlords.
He uncovers the harsh realities facing property owners in the wake of these policies. Dive deep into the intricacies of the Tory agenda and how it’s reshaping the landscape of rental housing.
View Full Article: Tory Budget Squeeze: Why Small Landlords Are Feeling the Pinch
Landlords renewing their mortgage are expecting a £615 rise
Nearly half of UK landlords with mortgages are preparing for a rate renewal within the next year – and they are expecting their mortgage to rise by a whopping £615, on average.
The research from The Mortgage Lender (TML) shows that another 41% of landlords will be renewing in the next two to three years.
View Full Article: Landlords renewing their mortgage are expecting a £615 rise
Council to crackdown on landlords with poor EPC ratings
Landlords in one city who rent out homes that don’t meet energy efficiency standards and fail electrical safety rules will face fines.
The council says that homes with low EPC ratings take longer to warm up and lose heat quicker
View Full Article: Council to crackdown on landlords with poor EPC ratings
Service charge estimate and spend not adding up?
Hi all, does anyone have any knowledge regarding service charges and monies spent in a financial year? Last year’s projections came in at £55,300.
After a battle with the managing agent and requesting accounts through section 21 and 22 of the Landlord and Tenant Act 1985
View Full Article: Service charge estimate and spend not adding up?
The critical role of accurate rebuild values for landlords
If your rented property is damaged beyond repair in a fire or flood, then it’s important to look at rebuild values.
You’ll be asked for your property’s rebuild cost when taking out buildings insurance which covers the structure of your home.
View Full Article: The critical role of accurate rebuild values for landlords
Throwing the baby out with the bathwater?
I was going to buy x 2 houses and turn them into HMO’s to put on long-term leases to SERCO (approx 100k each). On paper, it looks good and the numbers are appealing.
Then I started reading horror stories about dealing with SERCO.
View Full Article: Throwing the baby out with the bathwater?
Council to buy homes with a REIT to tackle homelessness
A London council has announced it will create a Real Estate Investment Trust (REIT) to secure homes for housing homeless people and families.
The council’s strategy involves leasing back 300 properties from the RIT to boost its temporary housing capacity.
View Full Article: Council to buy homes with a REIT to tackle homelessness
Budget 2024: Landlords let down by the government again. What to do?
This week’s Budget brought significant changes for landlords, with implications for capital gains tax (CGT), furnished holiday lets relief, and multiple dwellings relief.
As the dust is still settling, let’s consider their impact on our investments and the rental market.
View Full Article: Budget 2024: Landlords let down by the government again. What to do?
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