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Landlord told to act as guarantor in bizarre twist

Landlord told to act as guarantor in bizarre twist...

In a strange situation, a letting agency has asked a landlord to be a guarantor for their own tenants. This means should the tenants stop paying the rent it will be the landlord who covers their payments.

Protect tenants from eviction for six years after EPC improvements – call

Protect tenants from eviction for six years after EPC improvements...

Tenants should be protected from eviction for six years after their home’s Energy Performance Certificate (EPC) has been improved to help encourage them to apply for grants to help pay for the work.

CGT figures highlight a landlord exodus is underway

CGT figures highlight a landlord exodus is underway...

New government figures on Capital Gains Tax (CGT) point to a significant number of landlords leaving the buy to let sector, according to one wealth management firm. Quilter says the data reflects a wave...

Heat pumps – a load of hot air?

Heat pumps – a load of hot air?

We’ve all been hearing about the government’s green plan for the private rented sector. But are the plans actually as ‘green’ as they make out to be? The government believe heat pumps could be...

Landlords are acting to improve property EPC ratings

Landlords are acting to improve property EPC ratings...

Landlords who own properties with an Energy Performance Certificate (EPC) rating of D or lower are actively planning to improve their ratings to at least a C, research reveals. The findings from Landbay’s...

Generation Rent says that 40% of tenants HAVE NOT seen rent rises

Generation Rent says that 40% of tenants HAVE NOT seen rent rises...

Generation Rent claims that three in five private renters (60%) have experienced higher rent demands in the past year – but 40% of tenants HAVE NOT seen their rents rise. The organisation’s...

Questions over legal scheme for tenants to fight eviction

Questions over legal scheme for tenants to fight eviction...

Questions are being asked over a new government initiative that offers free expert legal advice – including having a lawyer in court – for tenants facing eviction or home repossession. Known...

Interest rates highest since April 2008 – property sector reacts

Interest rates highest since April 2008 – property sector...

The Bank of England has implemented its 14th consecutive interest rate hike to address surging prices. The UK’s interest rate now stands at 5.25%, up by 0.25% from the previous 5%. The move marks...

Bank of England continue down the path of pain and raise Base rate to 5.25%

Bank of England continue down the path of pain and raise Base...

The Bank of England’s Monetary Policy Committee (MPC) voted by a closer majority than last time of 6–3 to increase Bank Rate by a quarter of a percent, to 5.25%. Two MPC members voted to increase...

Mortgage Product Switches

Mortgage Product Switches...

Did you know that it is now possible to get ‘cashback’ when you do a product switch with your mortgage lender? A product switch can be arranged between three and six months before your existing...

Letting and estate agent complaints ‘remain high’

Letting and estate agent complaints ‘remain high’...

The Property Ombudsman (TPO) dealt with 14,000 complaints from landlords and tenants last year about letting agents, it has been revealed. There were also 1,500 complaints from tenants about a landlord...

London landlords warned over ‘too good to be true’ rent promises from agents

London landlords warned over ‘too good to be true’...

A lettings firm says private landlords in London need to be wary when dealing with agents who make enticing promises of rent increases. Hello Neighbour warns that, on average, there is a significant 15%...

City’s landlords warned to get a licence or face hefty fines

City’s landlords warned to get a licence or face hefty...

Landlords in one city are being warned they have less than a month to apply for a licence under a council’s selective licensing scheme before facing a significant increase in the application fee.

More growth predicted for the UK’s holiday accommodation sector

More growth predicted for the UK’s holiday accommodation...

The UK’s holiday accommodation sector is poised for continued growth this year and offers savvy property investors an opportunity, one property development firm says. Research from Stripe Property...

Tenants earning £30k are not eligible for affordable rent schemes

Tenants earning £30k are not eligible for affordable rent schemes...

Some London residents earning more than £30,000 are being excluded from so-called affordable rent schemes provided by social housing providers, the BBC reveals. These schemes are designed to provide housing...

Average UK rent shatters the previous record

Average UK rent shatters the previous record...

The average UK rent has soared by 19% to reach £1,137 in July from June and voids are dropping quickly to highlight the strong competition in the private rented sector (PRS), one index reports. The figures...

Free legal help offered to tenants facing eviction

Free legal help offered to tenants facing eviction...

Tenants facing eviction in England and Wales can now get free legal advice – and access to a lawyer in court – from a new government-backed scheme. Designed to help tenants avoid losing their...

UK house prices see the biggest fall since 2009

UK house prices see the biggest fall since 2009...

The UK’s housing market saw prices dip at their fastest annual decline in 14 years, Nationwide reports. The data reveals an annual drop of 3.8%, marking the biggest fall since July 2009. And prices...

Call for financial help for landlords to carry out energy improvements

Call for financial help for landlords to carry out energy improvements...

Rightmove says that just 40% of homes for sale and 50% of homes for rent on its platform currently have an energy performance certificate (EPC) rating of C or above. The rest have a rating of D or below...

Government EPC proposals already influencing landlord purchases

Government EPC proposals already influencing landlord purchases...

A trend of landlord investors wanting to get ahead of government’s Energy Performance Certificate (EPC) proposals has led to one in four to consider a property’s energy performance rating,

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Thursday 14th July 2011

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