Landlords: it’s time to get 2024 off to a flying start

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You’re a landlord looking to sell, but last year was a challenge. In 2024, it’s time to get your portfolios and properties sold and get you moving on to your next projects.

Why now? The biggest challenge for landlords wanting to sell is that they want to shift properties in bulk

View Full Article: Landlords: it’s time to get 2024 off to a flying start

When condensation and mould is caused by the tenant?

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Hello, We are currently dealing with a tenant who has complained to environmental health about the damp in their property. We have been instructed to re-decorate the whole property which we do not mind, but every time we go to the property

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Scotland’s landlords warned about new electrical safety rules

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Private landlords in Scotland have been warned by SELECT, the trade association for the electrical industry, to make sure their properties meet the new Repairing Standard guidance on electrical safety, which comes into effect on March 1.

The guidance

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Financial strain and abolition of Section 21 are driving landlords out of the PRS

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“A perfect storm” is how one legal expert describes the difficult position of landlords within the private rented sector (PRS), with the Renters’ (Reform) Bill playing a significant part in it.

Gina Peters, the head of landlord and tenant at law firm Dutton Gregory

View Full Article: Financial strain and abolition of Section 21 are driving landlords out of the PRS

MPs call for ‘Awaab’s Law’ to be extended to the PRS

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MPs are calling on the government to extend the proposed Awaab’s Law, which sets new deadlines for social housing landlords to fix unsafe homes, to the private rented sector (PRS).

The Health and Social Care Committee says that the legislation will improve the quality and safety of both social and private rented homes.

View Full Article: MPs call for ‘Awaab’s Law’ to be extended to the PRS

Landbay launches new range with AVMs for faster BTL offers

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Landbay has introduced a new range of products that use automated valuation models (AVMs) to cut down the time to offer – and help landlords save money.

The specialist buy to let lender is the first to use the platform for its new range of five-year fixed-rate products

View Full Article: Landbay launches new range with AVMs for faster BTL offers

Landlords are optimistic about the PRS despite challenges – NRLA

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Landlord confidence in the private rented sector (PRS) rose significantly in the third quarter of 2023 after hitting record lows, according to the National Residential Landlords Association (NRLA).

The NRLA’s confidence index, which measures landlords’ views on the prospects of their own lettings business and the wider rental market

View Full Article: Landlords are optimistic about the PRS despite challenges – NRLA

January sees a new surge of landlords selling their portfolios for higher prices than 2023

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There’s good news for landlords who have postponed selling their rental properties despite falling profits and new legislation making the private rental sector less appealing to most landlords.

2024 has already seen a surge of buyers returning to market amid falling mortgage rates following with Zoopla reporting buyer demand at the end of the first week of January was more than 10% ahead of the same period a year ago.

View Full Article: January sees a new surge of landlords selling their portfolios for higher prices than 2023

Universal credit chaos leaves tenants in tears

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The Department of Work and Pensions (DWP) has sparked fury as Universal Credit (UC) applicants face extensive demands to confirm their eligibility.

One landlord told Property118 that some of his tenants have been “left in tears” as they can not comply with the list of demands.

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Multi Unit Freehold Block (MUFB) Investments?

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Hi All, I have invested in a few MUFB last year. They are historic conversions of terraced houses in London with planning permission to be used as two flats with separate utilities, council tax etc.

I am extending and upgrading them at the moment and I am holding two of the properties in a LTD company and one in my own name.

View Full Article: Multi Unit Freehold Block (MUFB) Investments?