UK rents reached a record high in January

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Private rents in the UK reached record highs in January with the average rent paid by tenants rising by 6.2%.

That’s according to the latest report from the Office for National Statistics (ONS) and its rental index reveals this is the joint-highest since January 2016.

View Full Article: UK rents reached a record high in January

Landlord fears ‘prison sentence’ over council’s selective licensing application process

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One landlord says applying for a selective licence with his council’s online system is a ‘complete waste of money’ which could see him facing a prison sentence and making all of his tenants homeless.

Mick Roberts, one of Nottingham’s largest landlords to house benefit tenants

View Full Article: Landlord fears ‘prison sentence’ over council’s selective licensing application process

UK rents soar by 8.3% in a year – Scotland leads the way

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The UK’s rental market has seen a sharp rise in rents over the last year, with the average monthly rent reaching £1,220, according to property platform Zoopla.

This is an increase of 8.3% compared to a year ago

View Full Article: UK rents soar by 8.3% in a year – Scotland leads the way

Council says housing crisis is worsening as landlords exit market

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Thurrock Council has revealed the growing challenges it faces in providing housing help to its residents, as the cost-of-living crisis and the exit of landlords from the private rental market put pressure on the system.

The council’s housing service has seen a 22% increase in homelessness demand compared to the same period last year and a similar rise in temporary accommodation placements.

View Full Article: Council says housing crisis is worsening as landlords exit market

Landlords object to city’s new licensing schemes

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Bristol City Council’s new licensing schemes for rented homes have sparked a backlash from landlords who claim they are unfair and costly, Bristol Live reports.

The council says the schemes, which were approved last week

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Mortgage arrears climb as landlords and homeowners struggle

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The number of homeowners and landlords falling behind with mortgage payments has jumped, according to UK Finance.

The trade body for lenders says that there were 13,570 buy-to-let mortgages in arrears compared to the previous quarter.

UK Finance said the rise in arrears is driven by cost-of-living pressures and higher interest rates.

View Full Article: Mortgage arrears climb as landlords and homeowners struggle

Eviction extended by 5 months after court judgement?

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Hello, I have only had to serve one section 8 in 25 years. To my horror, the disrespect of the law the tenant is allowed to do freely, and without consequence, is costing me more time than waiting for the county court case and judgment!

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Gove vows to ban no-fault evictions by the next election

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Housing Secretary Michael Gove has pledged to ban Section 21 ‘no-fault’ evictions in England by the next general election, which is due by January 2025.

No-fault evictions allow landlords to evict tenants without giving a reason, which campaigners say leaves renters vulnerable to unfair treatment and insecurity.

View Full Article: Gove vows to ban no-fault evictions by the next election

Navigating Section 21 process?

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Hi all, I have unfortunately found myself in the position where I need to sell the house that I rent out to a young family. I served them with a section 21 notice 6 weeks ago and as expected they are finding it very difficult to find anywhere else.

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Couples co-habit to combat rental crisis

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The number of couples living in a flatshare has increased dramatically since the pandemic.

New data from Spareroom reveals the number of people flat sharing as a couple increased by 67% in 2023 (compared to 2019).

The website says almost half of couples (47%) state that the primary reason for deciding to move in together in a flatshare is to ease the financial burden even though it’s not particularly romantic.

View Full Article: Couples co-habit to combat rental crisis