Tagged: letting agents

Rent rises slow in October

Rent rises slow in October

According to a recent report from the Association of Residential Letting Agents (ARLA), fewer tenants are experiencing rent increases. The number of rent hikes reported in October fell to 25% from 32% the previous...




Mandatory Client Money Protection moves a step closer

Mandatory Client Money Protection moves a step closer

Numerous cases of letting agents making off with clients’ money have been documented over the years, and to many, it seems scandalous that letting agents who handle large sums of money on behalf of...




Tax changes may impact maintenance of furnished properties

Tax changes may impact maintenance of furnished properties

A planned change in landlords’ tax allowances may discourage property maintenance on furnished properties over the coming months. As of next April, landlords will only be able to deduct costs that they actually incur...




Residential Landlords Association criticises licensing schemes

Residential Landlords Association criticises licensing schemes

The Residential Landlords Association has criticised local authorities that charge landlords for licences solely to collect information on the number of landlords in an area, claiming that such licensing schemes were “without reason”. It...




Claims made that buy-to-let becoming too complex

Claims made that buy-to-let becoming too complex

According to Your Move and Reeds Rains, the results of a recent survey demonstrate that the government’s reduction of mortgage tax relief on buy-to-let properties is a major factor causing 50% of landlords to...




Government reports backing for clampdown on rogue agents and landlords

Government reports backing for clampdown on rogue agents and landlords

In publishing a summary of the 600 responses it has received to its recent consultation process, the Department of Communities and Local Government says that there is overwhelming support for its clampdown on rogue...




Buy to let mortgage lending still performing well in UK housing market

Buy to let mortgage lending still performing well in UK housing market

The latest data from the Council of Mortgage Lenders shows that lending to first time buyers in the UK increased month on month and on an annual basis in September. Home owner remortgage activity...




Investors view residential property as low risk

Investors view residential property as low risk

According to a snap poll by the residential property crowdfunding platform, Property Partner, 83% of poll respondents said they were more likely to weigh their portfolio in favour of UK residential property, whilst 13% said they...




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...