Forfeiture for non-payment of ground rent – would this happen?
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Hello, Having got to the very end of a lengthy conveyance of a probate leasehold house purchase, I have an issue that I am trying to understand the potential risk of actually happening.
The freeholder seems to be absent/deceased in 2017
View Full Article: Forfeiture for non-payment of ground rent – would this happen?
UK housing market shows signs of recovery but landlords are ‘scarce’
The UK housing market improved in December, with buyer demand stabilising and sales activity picking up but there remains a shortage of homes to rent, the Royal Institution of Chartered Surveyors (RICS) says.
Its latest UK Residential Survey
View Full Article: UK housing market shows signs of recovery but landlords are ‘scarce’
City flats attract landlords as office workers return to urban areas
City flats are the top investment choice for UK landlords as office workers resume their urban lifestyles, a new study by Shawbrook Bank reveals.
The research found that 28% of UK landlords agreed that city flats were the best investment in the past year
View Full Article: City flats attract landlords as office workers return to urban areas
Buy a vacant BTL and have up to 6 months to refurbish it using final rental figure for affordability
A brand new product was launched on the 17th of January for landlords who want to carry out light refurbishments. Light refurb means new bathrooms, kitchens, and non-structural redecorations.
These new products from Suffolk Building Society use the estimated rental income after the work has been carried out
View Full Article: Buy a vacant BTL and have up to 6 months to refurbish it using final rental figure for affordability
Rent rises set a record in 2023 amid landlord costs and housing shortage
Renters in the UK paid an extra £1,488 per year on average in 2023 as rent prices soared by a record high of 10.2% year-on-year in December, according to a new report.
The research from Hamptons, found that rent prices broke 2022’s record of 7.7%.
View Full Article: Rent rises set a record in 2023 amid landlord costs and housing shortage
Working tenant wants to bring long term boyfriend?
Hi, I have a working tenant who wants to bring her boyfriend to live with her. Her tenancy says just her and we have rent guarantee insurance.
She says she will continue to be responsible for the rent and does not want to add him to the tenancy.
View Full Article: Working tenant wants to bring long term boyfriend?
Landlords are owed an average of £725 in arrears
A survey has found that nearly 60% of UK landlords have seen a rise in late rent payments due to the current financial situation, and that landlords are each owed an average of £725 in arrears.
The research from digital mortgage lender Molo also reveals that one of the main concerns for landlords in 2024 is the possibility of tenants not being able to pay their rent
View Full Article: Landlords are owed an average of £725 in arrears
Region with the best house price growth in Britain revealed
One region has outperformed all other regions of Britain in terms of house price growth since the Bank of England began to hike interest rates in December 2021, a study reveals.
According to GetAgent.co.uk, it used seasonal adjustment to measure the true state of the housing market.
View Full Article: Region with the best house price growth in Britain revealed
The random rolling out of HMO definitions?
The Department of Levelling Up has provided the opportunity for local authorities to roll out their own legislation under the umbrella of their more penal HMO regulations covering all kinds of bizarre areas.
I have been caught out as I have 4 tenants (Parliament says 5 or more the London boroughs have reduced the number to qualify to 3) I have had to install institutional lighting and other intrusion items at a cost of £5000.
View Full Article: The random rolling out of HMO definitions?
Buy to let incorporations surge despite property market slump
The property market saw a decline in the number of homes purchased by landlords in 2023, but this did not stop the growth of buy to let companies with a record 50,004 new limited companies being formed, research reveals.
According to Hamptons
View Full Article: Buy to let incorporations surge despite property market slump
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