Have you had First-tier Tribunal experiences in rent rises?

admin    Uncategorized     agents

Hello, Has anyone had any experience with the First-tier Tribunal (FTT) for market value case?

History is, tenant moved in and given 12 month AST in early 2020. They have not been given new AST or had rent raised since.

View Full Article: Have you had First-tier Tribunal experiences in rent rises?

How to evict a tenant in England

admin    Uncategorized     agents

Evicting a tenant is never an easy decision and usually, it’s the last choice any landlord wants to make.

With piles of paperwork to complete, it’s a decision that should not be made lightly.

We’ve made a guide for landlords on how to evict a tenant in England and will produce guides on how to evict tenants in Wales and Scotland too.

View Full Article: How to evict a tenant in England

Scotland’s rent cap disaster – a warning to landlords and tenant groups everywhere

admin    Uncategorized     agents

News this week that the rent cap in Scotland has led to higher rents will be a story ignored by the likes of Shelter, Generation Rent and Acorn.

But my first thought was, who’d have thunk it?

Capping rents at a time when landlords are seeing their overheads increase and profits fall was always going to end this way.

View Full Article: Scotland’s rent cap disaster – a warning to landlords and tenant groups everywhere

Can you help me with N325?

admin    Uncategorized     agents

Hello, I have been granted repossession and been provided with a date (12th December) for eviction and awarded Rent Arrears and court fees.

Please can someone assist with what the sums I should fill out in section 4 (Warrant Details) –

View Full Article: Can you help me with N325?

Landlords favour five-year fixed mortgages again

admin    Uncategorized     agents

Remortgaging landlords are showing more confidence in five-year fixed rate mortgages than they did earlier this year, a survey has found.

According to the research from Landbay, more than half (51%) of the remortgaging landlords said they would choose a five-year fixed rate mortgage

View Full Article: Landlords favour five-year fixed mortgages again

Sadiq Khan pushes for tougher penalties for landlords over mouldy homes

admin    Uncategorized     agents

The London Mayor is calling for tougher sanctions for private landlords who let out mouldy homes in the capital.

Sadiq Khan wants to see rent rebates doubled if landlords fail to fix mouldy and draughty homes in London.

View Full Article: Sadiq Khan pushes for tougher penalties for landlords over mouldy homes

£ for £ remortgage with NO Interest Cover Ratio

admin    Uncategorized     agents

In the current market, some landlords are struggling to meet the lender’s requirement for rental income to be 125% – 145% of the mortgage payment. This can leave some stuck on the lenders standard variable rate, a higher rate of interest.

View Full Article: £ for £ remortgage with NO Interest Cover Ratio

Fed-up BTL landlords look to sell as interest rates rise

admin    Uncategorized     agents

The rise of social media has seen self-professed ‘property experts’ offering property investment courses and pricey one-day seminars with promises of becoming ‘financially free’. By that, they mean rich.

But these so-called property gurus charge a hefty fee for their advice

View Full Article: Fed-up BTL landlords look to sell as interest rates rise

Private rents in Scotland soar by 14.3% in a year

admin    Uncategorized     agents

Despite a rent cap, there has been a sharp increase in average rents across all property sizes in Scotland, with the most common size of home in the private rented sector (PRS) – two-bedroom homes – rising by 14.3% in the year to the end of September.

View Full Article: Private rents in Scotland soar by 14.3% in a year

UK rents soar by over a third above inflation in a year

admin    Uncategorized     agents

UK renters are feeling the pinch as rents rose by more than a third above inflation in the past year, according to new data.

The Deposit Protection Service (The DPS) tracks the average monthly rent and it found that rents reached £1,121.46 in Q3 2023

View Full Article: UK rents soar by over a third above inflation in a year