Tagged: Property

50% increase in evictions over past 4 years

50% increase in evictions over past 4 years

According to figures published by the Ministry of Justice in August 2015, 0ver 43,000 households in rented housing in England and Wales were evicted by county court bailiffs in the 12 months to June, representing...




Average rents exceed £800 for the first time in England and Wales

Average rents exceed £800 for the first time in England and Wales

According to new data from the latest buy-to-let index from Your Move and Reeds Rains, rents in England and Wales rose by 1.9% in July to £804. This represents the fastest month on month...




Buy-to-let landlords given hope over tax reforms

Buy-to-let landlords given hope over tax reforms

The Summer Budget in the UK included an announcement that interest relief would be limited to the basic rate of tax. This measure will be gradually introduced between April 2017 and April 2020. The...




Legislation on legionella has not been changed

Legislation on legionella has not been changed

It has been claimed that some letting agents in the UK are misinterpreting landlord’s responsibilities regarding legionella risks to their tenants.  According to the Health and Safety Executive (HSE) the legislation has not been changed and...




Misinformation being spread in relation to new licensing system

Misinformation being spread in relation to new licensing system

From autumn 2015 all private landlords who rent out accommodation in Wales will be required to register with Rent Smart Wales under part 1 of the Housing (Wales) Act 2014. In addition, those agents...




Transfer more evictions to High Court says Landlord Action

Transfer more evictions to High Court says Landlord Action

Highlighting delays in obtaining a County Court bailiff appointment once a possession order has been granted, Landlord Action is campaigning to enable more eviction cases to be transferred up to the High Court. The...




Landlords may struggle to secure finance

Landlords may struggle to secure finance

New research has found that despite the availability of 900 buy-to-let products, lack of finance is hindering almost a quarter of landlords in the UK. Research by online letting agent Property Let By Us...




40% of homes sold under Right to Buy scheme now rented privately

40% of homes sold under Right to Buy scheme now rented privately

Research performed by Inside Housing Magazine has shown that almost 40% of former homes sold at a discounted rate under the Government’s Right to Buy scheme are now being let out on the private...




PRS may prove attractive option to housing associations

PRS may prove attractive option to housing associations

Since 1980, an estimated 1.88 million council homes have been sold to tenants under the Right to Buy scheme. The government now intends to extend this scheme to housing association tenants. Although the government...




South West and Scotland lead on rent rises

South West and Scotland lead on rent rises

Rents rose faster in the South West of England and Scotland than anywhere else in the UK over the three months to July 2015, according to the latest index from HomeLet. The average rent...