Findings published online this week, reveal that UK landlords have an underwhelming lack of faith or trust in any of the Government backed tenancy deposit schemes. The results of the survey of 100 UK PRS landlords, 50 lettings and property management agents and 1000 tenants by digital inventory provider Imfuna, conducted during February this year, […]
An increasing number of private residential properties are being rented out to tenants because the owners have moved out but found it difficult to sell the property on the open market. The rise in “reluctant” or “accidental” landlords has caused ripples of concern within the UK lettings industry. In fact, according to the Association of […]
The UK may need an extra 1.1 Million private sector rental properties within the next 4 Years as 1 in 5 Households could be in PRS properties. The number of people renting homes in the UK Private Rented Sector (PRS) has almost doubled over the last ten years, increasing from 2.5 Million tenants in PRS […]
Demand for good quality rental properties in the UK is still increasing despite the doom and gloom reported by the media about the UK property market. New data from BM Solutions shows that UK landlords with rent guarantee insurance in place are seeing an average 4.8% growth in monthly rental yields. Buy to let property […]
New data released by Nationwide and Hometrack show that overall UK residential property values have fallen when compared to this time last year and the fall has been attributed to the changes in stamp duty. The average residential property value in March 2012 was £163,327. That is 0.9% lower than property prices were in March […]
Individuals looking to rent property in the UK PRS (private rented sector) need to keep the selection process focussed and relatively simple when looking to rent property. First time tenants looking for property to rent in the UK are being advised to carry out plenty of research before accepting a tenancy. The Association of Residential […]
The 2012 Budget may have affected a small number of millionaires using offshore companies to avoid Stamp Duty, but, accountants say thousands of buy-to-let landlords could be sitting on a “tax timebomb”. Many UK landlords now face paying two years tax liabilities during the next six months, creating a cashflow crisis after years of lightly-taxed […]
The results of a recent survey show that due to misconceptions over Government Welfare Reforms increasing numbers of private rental sector landlords are now refusing to even consider applicants claiming Local Housing Allowance (LHA), when searching for new tenants. The Spareroom.com survey showed that out of 1000 UK landlords surveyed: 87% had problems with non-payment of […]
The latest figures released by mortgage lender Paragon have shown that almost half of the UK landlords surveyed think that tenant demand for PRS properties increased during the first quarter of 2012. 44% of UK landlords quizzed in Paragon’s latest Private Rented Sector Trends survey, reckon that tenant demand has continued to grow despite the […]
Private Rented Sector (PRS) rent arrears dropped in February with 9.3% of all rent late or unpaid at the end of the month, down from 10.7% in January. With household bills increasing, UK unemployment still rising and the whole country still struggling to avoid a double dip recession as a result of the Eurozone crisis, […]
With some property pundits predicting that the UK property sales market is not expected to do very much this year, due to lack of interest, the results of an industry watchdog survey makes light of the reasons behind the property sales stagnation. The latest research from the Association of Residential Letting Agents (ARLA) has suggested […]
From 6th April 2012, UK landlords and letting agents will be required to produce a new Energy Performance Certificate (EPC) for all rental properties in England and Wales. Bringing the rules for letting and selling property into line. The new government rules mean that landlords and letting agents must ensure an Energy Performance Certificate, (EPC), […]
More home owners are becoming live-in landlords by putting their spare rooms to use and bringing in additional rental income. The number of UK home-owners that are choosing to rent out a spare room in their own homes has increased by 19% during the last six months according to 2 of the UK’s leading house […]
The Association of Residential Letting Agents, (ARLA), have urged the Chancellor of the Exchequer, George Osborne, to use the forthcoming Budget to encourage more investment into the UK’s Private Rented Sector, (PRS). ARLA have called on the UK coalition Government to support the observed growth in the UK Buy-To-Let sector and remove many of the […]
The Electrical Safety Council (ESC) have highlighted some confusion over electrical safety between PRS Landlords and tenants in private rented sector properties. 30% of landlords did not realise that they were responsible for the electrical safety within their Buy-To-Let properties, according to the ESC’s survey. This potentially could lead to very dangerous consequences for both […]
The Council of Mortgage Lenders, (CML), think the coalition Government’s Chancellor of the Exchequer, George Osborne should be doing more to encourage institutional investors to take a stake in Buy To Let property in the upcoming Budget. The Council of Mortgage Lenders are the trade body for all the UK’s major bank and building society […]
UK Landlords and letting agents are being warned about an increase in bogus tenant applications. Fraudulent applicants have been filling out tenancy application forms provided by honest landlords and agents, giving inaccurate or misleading information, in a bid to secure the rental of the property. It is not unknown for the fraudsters to move from […]
The British media are claiming Buy-To-Let properties are being mishandled by the emergency bank, UK Asset Resolution, set up by the UK Government. UK Asset Resolution, the emergency bank set up by the UK coalition Government to manage the Buy-To-Let mortgages originally lent by Northern Rock and Bradford & Bingley, is alleged to be treating […]
Landlords Want Long Term Rental Tenants In the UK long term property renting has become more of a necessity for those who cannot afford to buy a home of their own. Millions of Britons have already resigned themselves to never owning their own home as they become more comfortable with the prospect of long term […]
Figures from a variety of trusted and respected sources offered a tentative boost for the UK property market as mortgage approvals, first time buyer numbers and residential property sales all increased during January. Data gathered from the Council of Mortgage Lenders (CML), British Bankers’ Association (BBA), National Association of Estate Agents (NAEA) and HM Revenue […]
*All prices listed are subject to change
Don’t Delay! Royal Mail strikes will affect your notices.
Due…
There’s no denying that 2020 has thrown us all some curveballs,…
Rishi Sunak stepped up to deliver today’s mini-budget…
Flashback to our 2017 webinar.
There’s a huge…
Don’t Delay! Royal Mail strikes will affect your notices.
Due…
Forward-thinking services provider LegalforLandlords has…
LegalforLandlords – the complete insurance, referencing and professional services partner
LegalforLandlords are authorised and regulated by the FCA.
Registered Address: Head Office 632-634 Birchwood Boulevard, Fountain Court, Warrington, WA3 7QU.
