Industry body urges support for landlords rather than punishment to fix rental crisis
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Incentivising, rather than penalising good landlords, is the key to beating supply and demand issues, says Propertymark.
According to Propertymark’s Housing Insight report, demand continues to outstrip supply with the average number of applicants per member branch still hitting around seven people for each available property.
View Full Article: Industry body urges support for landlords rather than punishment to fix rental crisis
Landlords face a shock 2028 deadline for meeting EPC ‘C’ deadline
The detail of the government’s consultation on implementing an EPC rating of C in privately rented properties reveals a deadline of 2028 for new tenancies – NOT 2030.
However, ALL tenancies will need to be EPC C compliant by 2030 –
View Full Article: Landlords face a shock 2028 deadline for meeting EPC ‘C’ deadline
Landlords to meet 2030 EPC deadline with a £15,000 cap – Government
Private landlords in England will need to upgrade their properties to meet a minimum Energy Performance Certificate (EPC) rating of C by 2030, under a consultation announced by the government.
Nottingham landlord Mick Roberts has hit out at the government plans saying they ‘will simply increase rents and make tenants homeless’
View Full Article: Landlords to meet 2030 EPC deadline with a £15,000 cap – Government
Why Labour’s squeeze on the PRS is creating a perfect storm
Let’s be honest, the Conservatives did landlords in the UK no favours, but Labour are delivering something that is making me sit up and think.
It appears that both political parties are dedicated to reducing the private rented sector
View Full Article: Why Labour’s squeeze on the PRS is creating a perfect storm
Aldermore and CHL announce BTL rate reductions
Aldermore has revealed a series of buy to let interest rate reductions for both new and current clients.
For new BTL customers, individual and company landlords acquiring single residential investment properties can access two-year fixed rates (up to 75% LTV) from 4.69% (a 0.40% decrease) and five-year fixed rates (up to 75% LTV) from 4.59% (a 0.30% decrease).
View Full Article: Aldermore and CHL announce BTL rate reductions
Bank of England cut interest rates to 4.5%
The Bank of England’s Monetary Policy Committee (MPC) hawks came out on top today, voting 7-2 to cut the Bank Base Rate by 0.25%, bringing it down from 4.75% to 4.5%.
In a surprise move, two members pushed for a much bigger cut to 0.5%
View Full Article: Bank of England cut interest rates to 4.5%
The Renters’ Rights Bill is coming – are you ready to sell?
The second reading of the Renters’ Rights Bill in the House of Lords this week, has brought it one step closer to becoming law.
Landlords across the country are weighing up their options and many are deciding enough is enough.
View Full Article: The Renters’ Rights Bill is coming – are you ready to sell?
Paymentshield enhances tenant’s contents cover for pet damage
Insurance provider Paymentshield has revamped its tenant contents policy ahead of the Renters’ Rights Bill which will restrict landlords from ‘unreasonably’ denying pet requests.
The updated product includes expanded protection for property damage caused by pets
View Full Article: Paymentshield enhances tenant’s contents cover for pet damage
Renters’ Rights Bill passes second reading in the Lords
The Renters’ Rights Bill has passed its second reading in the House of Lords and will now go to the Committee stage.
A total of 44 members of the House of Lords spoke at the second reading of the Bill.
View Full Article: Renters’ Rights Bill passes second reading in the Lords
Give small landlords a break?
Hello, I rent out one property, and a significant number of other landlords do the same. The rental from this property is my only income since I am retired.
It was an investment, but it also provided a home for somebody else which is more than you can say of most investments.
View Full Article: Give small landlords a break?
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