Category: Property Industry News

Labour launches review into private rented sector

Labour launches review into private rented sector

Labour is launching a policy review into the private rented sector focusing on letting agents and landlords. It says the aim of the consultation is to stop irresponsible agents operating and end the scandal...




Council landlord prosecuted over gas safety certificates failure

Council landlord prosecuted over gas safety certificates failure

A local council neglected to carry out annual gas safety checks on properties used to house its tenants. As a result, the London borough of Hammersmith and Fulham has been hit with a penalty...




Buy-to-let indices are disingenuous and mislead amateur landlords into believing it is easy to make money, a new index shows.

Buy-to-let indices are disingenuous and mislead amateur landlords into believing it is easy to make money, a new index shows.

Brian Hall, founder of the Model Works, a new body to produce accurate housing data, hit out at existing indices from LSL Property Services and BM Solutions. He points out that most indices omit...




Tenancy Deposits: Be a Pro

Tenancy Deposits: Be a Pro

No one likes dealing with complaints, but more tenants than ever are complaining about problems with their deposits. Calls to Shelter’s housing helpline have shot up by over 80% in the last two years...




Landlords and elderly tenants at risk

Landlords and elderly tenants at risk

“News this week that the new Universal Credit, which replaces Housing benefit from 2013, will be paid directly to tenants is a huge financial blow for landlords – placing them at financial risk and...




UK mortgage market growth slowing, says valuers

UK mortgage market growth slowing, says valuers

The UK mortgage market is growing at its slowest annual rate in two years, according to the latest Housing Market Activity Report by Connells Survey & Valuation. While the total number of residential valuations...




THE UK NEEDS A BIG BOOST IN NUMBER OF RENTAL PROPERTIES TO COVER DEMAND

THE UK NEEDS A BIG BOOST IN NUMBER OF RENTAL PROPERTIES TO COVER DEMAND

If the private rented sector is to meet the increasing challenges being placed on it to satisfy ever increasing demand, maintain standards and prevent rents from rocketing, there needs to be urgent reform of...




BTL availability drops 82pc in 5 years

BTL availability drops 82pc in 5 years

Interest rates have also fallen over this period with fixed rates down by as much as 1.00%. Today there are 411 prime Buy-to-let deals on the market at an average variable rate of 4.53% and fixed...




Regulation for deposits in Scotland

Regulation for deposits in Scotland

Tenancy Deposit Protection became mandatory in Scotland yesterday. The law affects everyone who rents or rents out a property, whether they are landlord or tenant. It was passed by the Scottish Government last year,...




It’s a good time to be buying more investment property

It’s a good time to be buying more investment property

Figures are good for buyers making their first investment or for current buy-to-let investors. Although the news is filled with property woes at the moment, with the UK economy being in some turmoil in...