Tagged: Property

Private renting reforms proposed by Scottish government

Private renting reforms proposed by Scottish government

Under proposals recently announced by the Scottish government private tenancy laws will be reformed to protect renters from short-notice evictions. The consultation process will include a review of the controversial ‘no-fault’ repossession clause. This...




£300bn of BTL stock left unmeasured leaving landlords vulnerable

£300bn of BTL stock left unmeasured leaving landlords vulnerable

23% of UK landlords do not measure the return on their buy-to-let investments at all according to new research from Platinum Property Partners. This equates to £300bn of investment in BTL left unmonitored, meaning...




Ban of letting agency fees requires further research says MPs

Ban of letting agency fees requires further research says MPs

According to an influential group of MPs the next government should assess the possible impact on the private rented sector before making any decision either to implement, or rule out, a ban on letting...




Void periods continue to fall

Void periods continue to fall

Paragon Mortgages has surveyed a panel of landlord customers for 13 years, and the average void period reported in Q1 2015 – 2.4 weeks – is the lowest since the survey began. In the...




Number of young professionals opting for HMOs on the rise

Number of young professionals opting for HMOs on the rise

‘Hutching up’, whereby several individuals share accommodation has traditionally been a London phenomenon due to the fact that rents in the area are prohibitively high. It appears however that this trend is on the...




Rise in residential rents seen by most UK regions

Rise in residential rents seen by most UK regions

Analysis from Countrywide shows that rents for new tenancies within the UK have increased by 1.7% over the last year. This brings the average monthly amount to £876. Over the period the majority of...




84% of brokers believe letting agents should be fully regulated

84% of brokers believe letting agents should be fully regulated

According to a poll carried out by Mortgage Solutions, just 16% of respondents believe the industry does not needed compulsory regulation. Simon Ryan, a landlord and managing director of Social Advisers, said greater landlord protection...




Croydon council set to push through landlord licensing

Croydon council set to push through landlord licensing

In response to the announcement from housing minister, Brandon Lewis, that from April 1 any landlord licensing scheme will require specific ministerial approval, Croydon council officers are recommending to their councillors – who meet...




Top gripes for landlords revealed

Top gripes for landlords revealed

A new study, conducted by My Property Inventories, details the issues that cause landlords most frustration. Topping the list is the view that tenants always complain about the cost of cleaning at the end...




Smoke and carbon monoxide alarms to be required in all rented homes

Smoke and carbon monoxide alarms to be required in all rented homes

All rental properties, both private and social, will soon be required to have smoke and carbon monoxide alarms installed. The move, supported by the British Property Federation was announced yesterday by communities minister, Penny...