Landlords increase rent to cope with higher mortgage costs

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The majority of buy to let landlords in the UK have increased rent in the past year, mainly to cover higher mortgage costs, a new survey reveals.

The findings from Landbay, which polled 1,000 landlords, revealed that 76% of them have raised rent over the past 12 months

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Sadiq Khan wants EPC measures for the PRS reinstated

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The mayor of London, Sadiq Khan, is calling for the legal power to impose a rent freeze in the capital AND reinstate the minimum EPC requirement for rented homes.

He says that London’s renters could be paying more for their energy bills for years to come after the Prime Minister Rishi Sunak ditched the need for landlords to offer homes with an Energy Performance Certificate (EPC) rating of at least C.

View Full Article: Sadiq Khan wants EPC measures for the PRS reinstated

Tenant’s deposit not registered by agent?

admin    Uncategorized     agents

Hello, Where does the landlord stand from the legal point on the following scenario?

Tenant paid deposit when he moved in but apparently the letting agent didn’t register the deposit with any of the government backed schemes. Tenant had signed his AST tenancy agreement which stated that his deposit will be deposited with DPS.

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Renters are happy with location and flexibility, but not landlords or agents

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Most renters (76%) are happy with their current rented home, and more than half (54%) live in their preferred area, but many are dissatisfied with their landlords and letting agents, a new report reveals.

The findings from OSB Group also found that tenants also value the flexibility of renting

View Full Article: Renters are happy with location and flexibility, but not landlords or agents

Top firms slash their requirement for office space

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Join Ranjan Bhattacharya and Andrew Roberts as they discuss how major firms will be heavily reducing office space and how this opens up a world of opportunity for property developers and property investors. 

Check out the video below

View Full Article: Top firms slash their requirement for office space

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

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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.

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How to evict a tenant in England

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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

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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?

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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

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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