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Annual rent rises in London and the rest of the UK widens

Annual rent rises in London and the rest of the UK widens

According to data from the HomeLet Rental Index, rents were up 7.5% year on year in London and 3.5% in the rest of the UK in the third quarter of the year.  On average...




Mandatory licensing of HMO’s set to change

Mandatory licensing of HMO’s set to change

Currently, the mandatory regime applies to shared rental homes of three or more storeys occupied by five or more people who do not form a single household.  From next year however this will be extended...




Upcoming electrical check deadline for landlords and agents

Upcoming electrical check deadline for landlords and agents

The trade body for Scotland’s electrical sector, Select, is reminding landlords and agents that from 1st December rental properties will require five yearly electrical checks of the fixed wiring and any electrical appliances. The...




Confusion reigns over Right to Rent requirements

Confusion reigns over Right to Rent requirements

Home Office guidance relating to Right to Rent checks does not appear to explicitly state when such checks must be made. Some industry insiders are currently interpreting the requirements as the check must be...




Chancellor confirms that Bank of England has powers to regulate buy-to-let market

Chancellor confirms that Bank of England has powers to regulate buy-to-let market

The UK Chancellor, George Osborne, has confirmed that the Bank of England and Financial Policy Committee (FPC) have requested, and been granted, additional powers to control buy-to-let lending. These powers are an extension to...




Rent Smart Wales going live on November 23

Rent Smart Wales going live on November 23

The date has been set for when the new compulsory system of registering and licensing for agents and landlords in Wales is going live.  Letting Agents and landlords will have 12 months in which to comply...




90% of tenants try to hide damage from landlords

90% of tenants try to hide damage from landlords

According to a new study by PropertyLetByUs.com, over 90% of tenants say they have tried to hide the damage from their landlord with one in ten admitting to causing more than £500 worth of damage to...




Annual rent growth stagnating in Scotland

Annual rent growth stagnating in Scotland

Scottish rents have grown by just 1.7% in the past year – less than a third of the rate experienced in the rest of Britain. These figures are included in the latest Scotland Buy-to-Let...




Right to Rent to be rolled out across England from February 1st 2016

Right to Rent to be rolled out across England from February 1st 2016

The Home Office has announced that the Right to Rent scheme will be extended to all of England from 1st February 2016. From this date, all private landlords and letting agents will have to...