Renters’ Rights Bill – Impact on purchases and relettings?

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Hello, I see there are many courses running which say ‘Buy, Renovate, Rent out, Remortgage and Buy again’. This model is now broken unless we can find a way of overcoming the effects of the Renters’ Rights Bill, soon to become an Act.

View Full Article: Renters’ Rights Bill – Impact on purchases and relettings?

JLL forecasts a 17% rent rise over the next five years

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Despite a rapid rise in rents over the past three years, real estate firm JLL is forecasting that rents will increase by 17% over the next five years.

Its latest ‘Residential Forecast 2025-2029’ shows that while UK rents surged by 27% in the five years to September 2024

View Full Article: JLL forecasts a 17% rent rise over the next five years

New student referencing tool for landlords launched

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A new referencing tool specifically designed for student landlords aims to simplify the tenancy process for both agents and students.

Vouch’s student reference package includes essential checks like ID verification, eliminating unnecessary procedures like credit checks and salary verification that are typically required for salaried tenants.

View Full Article: New student referencing tool for landlords launched

Unlocking Support: How Tenants and Landlords Can Work Together to Get Discretionary Housing Payments (DHP) Approved

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Did you know there’s a financial safety net that could help cover rent arrears and prevent tenancies from being put at risk? It’s called the Discretionary Housing Payment (DHP) and Rachel Reeves latest Budget has added 1 Billion extra pounds to the available pot.

View Full Article: Unlocking Support: How Tenants and Landlords Can Work Together to Get Discretionary Housing Payments (DHP) Approved

Most landlords not deterred from investing after SDLT rise

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While the looming threat of a capital gains tax (CGT) hike had landlords worried in the lead-up to last week’s Autumn Budget, the increase in stamp duty on second homes seems to be a lesser concern.

A survey from estate and letting agents Benham and Reeves found that nearly one-fifth (19%) of landlords had paused their buy to let investment plans due to the potential CGT increase.

View Full Article: Most landlords not deterred from investing after SDLT rise

Local Housing Allowance Freeze: Rising Rents and Decreased Affordability Deepen the Housing Crisis

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In the 2023 Autumn Statement, the government announced an end to a four-year freeze in local housing allowance rates (LHA) rates.

However, on the 30th October 2024 Rachel Reeves quietly froze them again, this has raised serious concerns for low-income renters across the UK.

View Full Article: Local Housing Allowance Freeze: Rising Rents and Decreased Affordability Deepen the Housing Crisis

Is the Government Destroying the UK’s Rental Market?

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Landlords across the UK are facing mounting challenges, from skyrocketing taxes to endless regulations, making it harder and harder to stay in the rental market. It feels as if the government has declared a war on landlords, and it’s not just landlords who are feeling the heat—tenants are being dragged into this crisis too.

View Full Article: Is the Government Destroying the UK’s Rental Market?

Nearly half of renters struggle with mould – survey

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The wet UK weather is exacerbating a growing problem – mould and damp in rental properties and a survey has found that 43% of renters have battled these issues.

The findings from Quotezone.co.uk also show that more than 65% of renters have encountered hazards in their homes –

View Full Article: Nearly half of renters struggle with mould – survey

Key Budget Insights for Property Investors

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As a property professional, you’re always on the lookout for effective ways to maximise your returns while minimising costs and taxes. Enter the SSAS pension – a game-changer in the property investment world. A Small Self-Administered Scheme (SSAS) is a company pension designed for small to medium-sized businesses.

View Full Article: Key Budget Insights for Property Investors

Scottish government proposes rent cap to ‘stabilise rents’

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The Scottish government has announced plans to cap rent increases in areas with rent controls, as part of its Housing (Scotland) Bill.

The proposed amendment would limit rent rises to the Consumer Price Index (CPI) plus 1%

View Full Article: Scottish government proposes rent cap to ‘stabilise rents’