Category: Property Industry News

Drop in rental voids ‘good news’ for BTL

Drop in rental voids ‘good news’ for BTL

The drop in rental voids is another clear indication in the increased demand for rental property Landlords who took part in Paragon Mortgages’ quarterly Private Rental Sector Trends survey reported a decrease in void...




UK property industry will try to meet green targets, seminar hears

UK property industry will try to meet green targets, seminar hears

Sustainability as an issue is not going anywhere, so it may pay now to get your properties up to grade so as to avoid any properties suddenly being deemed unlettable under the 2011 Energy...




Ombudsman takes legal advice on compulsory regulation of letting agents

Ombudsman takes legal advice on compulsory regulation of letting agents

Regulation should be considered to protect the consumer, especially in relation to client money protection. The Property Ombudsman scheme has taken legal advice on how letting agents could be compulsorily regulated, saying that voluntary...




Two thirds of tenants expect rents to rise

Two thirds of tenants expect rents to rise

With many expecting rents to rise it may be wiser to keep good tenants on an affordable rent to avoid costly void periods and arrears. A record 63% of current tenants expect rents to...




Top 10 UK Property Portals

Top 10 UK Property Portals

Great news for Rightmove dominating across the board as the number 1 property portal website; however as mentioned earlier in the week by Glenn Ackroyd in his post on Property118 The letting portals providing...




National consumer awareness week planned for SAFE

National consumer awareness week planned for SAFE

Making tenants and landlords aware of the SAFEagent will hopefully encourage them to use a registered letting agent thus reducing their risk of using a bad letting agent. A national SAFEagent awareness week is...




Give landlords more tax relief, RLA urges Chancellor

Give landlords more tax relief, RLA urges Chancellor

Residential Landlords Association looking for landlords to be treated not as investors but rather as the business they are trying to run when it comes to tax rules. Chancellor George Osborne should give buy...




Agents warned over illegality in taking tenants’ money too early

Agents warned over illegality in taking tenants’ money too early

Agents in student cities and towns where it is commonplace for agreements to be signed up to ten months in advance, with deposits, holding fees, referencing fees and, commonly, the first month’s rent taken,...




Long term property renting set to rise in the UK

Long term property renting set to rise in the UK

Long term renting becoming more the norm for a variety of reasons Millions of Britons are resigning themselves to the possibility of never owning their own home as they become more comfortable with the prospect of...




HMRC task force targets landlord tax dodgers

HMRC task force targets landlord tax dodgers

Landlords and property investors who cheat on their tax are under scrutiny from special HM Revenue & Customs task forces. The teams in London and the North West have been so successful that HMRC...