Tagged: letting agents

Scottish Bill confirms rent controls and abolition of ‘no fault’ ground for possession

Scottish Bill confirms rent controls and abolition of ‘no fault’ ground for possession

A new Bill which will introduce rent controls and abolish the ‘no fault’ ground for repossession has been published by the Scottish Government. The Private Housing (Tenancies) (Scotland) Bill will mean, if passed, that...




No rethink on buy-to-let tax breaks says government

No rethink on buy-to-let tax breaks says government

The Financial Secretary to the Treasury, David Gauke, has ruled out any rethink on the UK government’s proposals to reduce buy-to-let tax breaks from next year. In a letter to the Residential Landlords’ Association...




Survey reveals rise in tenant satisfaction within the private rented sector

Survey reveals rise in tenant satisfaction within the private rented sector

A report commissioned by Paragon Mortgages shows that 80% of UK tenants within the private rented sector are satisfied with their current landlord and 87% view their rented property as a home rather than...




Nearly half of tenants experience property maintenance issues

Nearly half of tenants experience property maintenance issues

Research by property website easyroommate shows that almost 50% of private tenants have experienced property maintenance issues with their agents or landlords. This is backed up by figures from the tenancy deposit scheme mydeposits...




Dramatic rise in private sector rent arrears

Dramatic rise in private sector rent arrears

Figures from Your Move and Reeds Rains show that 74,000 private sector tenants now owe more than two months’ rent. This represents an increase of 4.4% compared to three months ago and is 7.2%...




Tax break cuts could force 1 in 5 landlords out of business

Tax break cuts could force 1 in 5 landlords out of business

The Annual Landlord Report, produced by Access Legal has revealed that a fifth of landlords will be out of business in the next two years due to tax break cuts announced by the government....




More optimism among homeowners than renters

More optimism among homeowners than renters

The latest Lloyds Bank Spending Power Report has revealed that homeowners are more confident about the state of the their own finances and the UK economy than renters. Last month (August), 70% of homeowners...




Smoke and Carbon Alarm Testing

Smoke and Carbon Alarm Testing

From October 1 landlords in England will be required to install smoke detectors on every floor of their property where someone is living or partially living as well as install Carbon Monoxide alarms in any...




New Section 21 regulations to come into effect on 1st October

New Section 21 regulations to come into effect on 1st October

Despite a hitch in drafting the legislation, the government has confirmed that its new Section 21 regulations will come into effect on 1st October. It is therefore likely, that from this date, at the...




Steady growth expected for PRS market

Steady growth expected for PRS market

A recent report from Paragon Mortgages indicates that steady growth can be expected in the Private Rented Sector. The analysis is based on key factors such as yields, void periods and tenant demand. The...