Labour council evicts 200 private tenants amid housing crisis

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More than 200 private tenants are being evicted by a Labour-run council to address its growing housing waiting list, the Daily Telegraph reports.

The council aims to rehouse families currently living in temporary accommodation, which costs the borough £28 million annually.

View Full Article: Labour council evicts 200 private tenants amid housing crisis

Landlords support new possession grounds in Renters’ Rights Bill – Landbay

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While many landlords are concerned about the abolition of Section 21 ‘no-fault’ evictions, they believe the expanded Section 8 possession grounds proposed in the Renters’ Rights Bill could be useful.

The survey from buy to let lender Landbay found that new mandatory Section 8 grounds for possession

View Full Article: Landlords support new possession grounds in Renters’ Rights Bill – Landbay

Renters’ Rights Bill risks excluding vulnerable tenants

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Landlords, letting agents and build-to-rent providers have warned that the government’s Renters’ Rights Bill could make it harder for vulnerable tenants to access rented accommodation.

In a statement ahead of the Bill’s report stage in the House of Commons this week

View Full Article: Renters’ Rights Bill risks excluding vulnerable tenants

MFS and TML both reduce rates for landlords

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Market Financial Solutions (MFS) has reduced its rates across its bridging, buy to let and Bridge Fusion ranges.

The lender has lowered both variable and fixed-rate bridging loan rates.

Rates on the Bridge Fusion range

View Full Article: MFS and TML both reduce rates for landlords

Judge strikes out possession claim over original deposit?

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Hi Guys, I am wondering if you are able to help with this situation:

I signed a tenancy agreement back in January 2015 and collected 6 weeks deposit with the rent of £1,075 per month and collected deposit of £1,600.

View Full Article: Judge strikes out possession claim over original deposit?

Landlord faces double licensing payment due to council website error

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A frustrated landlord who has attempted to license his property says a council’s website error could result in him having to pay twice.

Mick Roberts, one of Nottingham’s largest landlords housing benefit tenants, told Property118 he had received a letter from Nottingham City Council requesting more information regarding his selective licensing application.

View Full Article: Landlord faces double licensing payment due to council website error

Renters’ Rights Bill comes back to Parliament – start the clock!

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Like the proverbial bad penny, the unwelcome return of the Renters’ Rights Bill to Parliament next week is not to be celebrated.

The countdown to the doom of the private rented sector will begin in earnest and we’ll see which amendments look like becoming law.

View Full Article: Renters’ Rights Bill comes back to Parliament – start the clock!

January sales: One third of homes have prices cut

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An analysis of more than 322,000 homes currently listed for sale found that 113,612 properties have seen the asking price being reduced – that’s around 35% of the market.

The findings from eXp UK, the platform for personal estate agents

View Full Article: January sales: One third of homes have prices cut

Angela Rayner slams Section 21 evictions as cause of homelessness

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Angela Rayner claims the Labour government want to work with landlords, but blames Section 21 evictions for having a significant impact on homelessness.

In a meeting with the Housing, Communities and Local Government Committee, Ms Rayner claims the government wants to support landlords in providing “safe and secure homes”.

View Full Article: Angela Rayner slams Section 21 evictions as cause of homelessness

Professional landlords diversified portfolios in 2024 – Shawbrook

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Professional landlords shifted focus last year to higher-yielding property types, including semi-commercial and commercial, while refinancing activity reflects a cautious approach to debt management, an analysis by Shawbrook reveals.

It found that while overall application volumes remained consistent

View Full Article: Professional landlords diversified portfolios in 2024 – Shawbrook