Tagged: Property

Demand pushing up rents across the UK, especially in London, new data shows

Demand pushing up rents across the UK, especially in London, new data shows

Heightened competition among tenants have led to private residential rents in the UK rising by 8% annually, according to the latest data. UK rents have risen by 1% in the last month to £762...




Compulsory redress schemes for UK letting and property management agents confirmed

Compulsory redress schemes for UK letting and property management agents confirmed

All letting and property management agents in the UK will be required to join an approved redress scheme later this year under new plans announced by Housing Minister Kris Hopkins. Millions of tenants and...




UK interest rate rises could affect buy to let landlord expansion, it is claimed

UK interest rate rises could affect buy to let landlord expansion, it is claimed

UK landlords are being advised to be cautious when considering expanding their buy to let portfolios due to a risk that interest rates could rise sooner than expected. With unemployment down and wage growth...




Buy-to-let rental returns fall in nine regions out of ten

Buy-to-let rental returns fall in nine regions out of ten

Yields are down as rents fall behind the rise in property prices Private landlords are experiencing a decline in rental returns across most of the country, latest data shows.




Big rise in complaints to ombudsman about letting agents

Big rise in complaints to ombudsman about letting agents

There was a 23% rise in complaints to the Property Ombudsman last year, according to its annual report, published this morning. While most of the 16,378 inquiries did not proceed beyond the initial complaint...




BTL investors under scrutiny from HMRC

BTL investors under scrutiny from HMRC

Profits from BTL properties are increasingly coming under close scrutiny from HM Revenue & Customs (HMRC) which suspects some buy to let investors are underpaying their tax bills. HMRC is now running a Let...




Shocking NUS Housing Survey Reinforces Need for Purpose-Built Student Accommodation

Shocking NUS Housing Survey Reinforces Need for Purpose-Built Student Accommodation

‘Homes Fit for Study’ released by the NUS last month revealed that more than three quarters (76%) of respondents had experienced problems with the condition of their home in the private rented sector. From...




Living standards will improve in 2014

Living standards will improve in 2014

Rent rises will be overtaken by wage growth in 2014, while disposable income for those in the private rented sector is set to grow for the first whole year since the financial crisis, analysis...




Universal Credit driving landlords away from housing benefit tenants

Universal Credit driving landlords away from housing benefit tenants

Confusion as to how welfare reforms will tackle rent arrears will cause larger landlords to reduce the number of properties they let to those on housing benefits, according to new research.




Landlords’ optimism of getting B2L finance at all-time high

Landlords’ optimism of getting B2L finance at all-time high

Landlords’ views on the availability of buy-to-let mortgage finance have reached the highest post-crisis level according to a survey by Paragon Mortgages. The survey of 200 landlords revealed that 44 per cent of landlords felt...