Landlord News

14:01 PM, 24th April 2024, About 9 hours ago|
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Tenant demand for rented homes in London grew by 9% last month, compared to February, according to Foxtons. The lettings agent highlights that renter demand has fallen 14% year-on-year as the market returns to more typical trends. It says that the number of new renters per instruction also fell year-on-year, with an average of three fewer renters competing for each property. Despite this, there was a slight increase in new renters per instruction compared to February, with E
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13:34 PM, 24th April 2024, About 9 hours ago|
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A growing proportion of renters in the UK are having to borrow money to pay their rental deposit, research reveals. The findings from Reposit found that 38% of renters are turning to credit cards, personal loans, overdrafts, or friends and family. The deposit alternative provider says the figure has increased by 8 percentage points in the last year - which coincides with a 10% rise in average monthly rents to £1,088. The average five-week cash deposit now stands at £1,256,
15:08 PM, 24th April 2024, About 8 hours ago|
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I have just been sent an email from the Home Office. Looks like those plastic Biometric Residence Permits (BRP) cards are now being phased out and potential tenants now have to open an online account with the Home Office so that they can get their Visa ID this way. As a result landlords won't need to ask to see the card in person to fulfil the right to rent obligations, but rely on a digital system instead. As ever, it's as clear as mud so they are trying to explain this to landlo
9:41 AM, 24th April 2024, About 13 hours ago|
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0:04 AM, 24th April 2024, About 23 hours ago|
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The Lettings Industry Council (TLIC) is urging a new approach to tackle the housing crisis in England. It argues that the current method, with separate policies for different housing sectors, has failed. In a new briefing...
0:03 AM, 24th April 2024, About 23 hours ago|
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Renting may negatively impact a person’s overall well-being as tenants experience a lower quality of life, higher stress levels, and less hope for the future compared to homeowners, a survey reveals. The research from Zero Deposit, comes after 1,005 renters and 1,005 homeowners in the UK were polled by the firm....
0:02 AM, 24th April 2024, About 23 hours ago|
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The Scottish Parliament is seeking feedback from landlords, the public and organisations on the wide-ranging Housing (Scotland) Bill which could see permanent rent controls being introduced. The Local Government, Housing and Planning Committee and the Social Justice and Social Security Committee are leading the joint consultation....
0:01 AM, 24th April 2024, About 23 hours ago|
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Hi, hope all is well. I have purchased an HMO that was let to students and I have continued renting to students so far. The property is licensed for this purpose, although the license doesn’t specify that it must always be rented to students....