Property118 | Author: Property118.com News Team - Page 97

New app will boost a tenant’s renting experience...

A new way for tenants to improve their renting experience is being promised with the unveiling of a new, free app called tlyfe. The app is a result of a tie-up between The Deposit Scheme (TDS), the tenancy...

Rocketing rents hurt single-earning tenants the most...

Single tenants are finding it harder to afford their rent with rocketing prices, one property platform reveals. In its latest rental market report, Zoopla says that rental unaffordability for single earners...

Landlords worry as rents hit a new record across the UK...

Rents across the UK continue to hit new highs with the HomeLet Rental Index revealing that tenants are now paying, on average, £1,175 per month for a new tenancy. That’s a rise of 0.3% from October‘s...

Renters Reform Bill concern!

Hello, After reading the Renters Reform Bill, try as I might, I can’t find any provision for landlords like me who wish to convert some of their portfolio to HMO’s. My understanding is possession could...

Holiday let taxes?

Hello, I have just finished renovating my first holiday let. I am 20 years into BTL, so understand what I can and cannot claim in this area. But HL’s are new and I am reading about them, but it is...

UK house prices fall – but rents go up...

House prices in the UK have continued to fall but rents, fuelled by falling supply and increasing demand, have risen, a survey by RICS reveals. According to the organisation’s Residential Survey...

A fifth of rental homes are let within 2 weeks...

In Britain’s fastest-moving rental markets, up to 30% of homes are being snapped up by eager tenants within two weeks of being listed, research reveals. Market analysis from Ocasa, the specialist...

0:05 AM, 8th December 2022, About 2 years ago | 2

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City’s selective licensing scheme condemned as ‘a...

A city council that introduced a selective licensing scheme in April has been deluged with 31,000 applications from landlords – but has only issued 104 licenses so far. This has prompted the National...

Strong BTL lending growth recorded by Paragon Bank...

Paragon Bank has revealed that it has increased its full-year buy-to-let lending by 18.2% to £1.9 billion on the back of strong demand from professional landlords. The company says that by focussing on...

UK house prices dip by 2.3% – the biggest fall since 2008...

The UK’s house prices slipped by 2.3% in November which is the biggest monthly fall since October 2008, the Halifax house price index reveals. The bank’s figures show that the annual rate of...

Tories scrap mandatory housebuilding targets...

The Prime Minister, Rishi Sunak, has been forced to drop mandatory housebuilding targets in a bid to see off a backbench rebellion from Tory MPs. That would see demand remaining strong for the private...

BTL mortgage payments rocket by 286% in one year...

Buy-to-let landlords are not only facing a tougher time securing finance with fewer mortgages and rising rates, but interest-only BTL mortgages have rocketed by 286.4%. That’s according to specialist...

NUS criticises NRLA’s bid to explain impact of periodic tenancies...

A bid by the National Residential Landlords Association (NRLA) to highlight how private rented student accommodation would be affected by a move to periodic tenancies has been criticised by the National...

Shelter staff start ‘unprecedented’ two-week strike...

A bitter pay dispute has seen more than 600 workers at Shelter start two weeks of strike action. A union rep has condemned the charity’s management as ‘heartless and hypocritical’. Staff...

10:28 AM, 6th December 2022, About 2 years ago | 14

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