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Research by estate agent, Barrows and Forrester, has revealed the average cost of buying a home across the current Covid tier rankings.  The government revealed which tiers each part of England would be placed in at the back end of last week, with a fortnightly review in place. Barrows and Forrester analysed property prices across every area in each tier and found that currently, tier 2 is home to the highest average house price at £340,427.  Just three areas have been classed

Private landlords are calling on the Government to establish a new landlord and tenant conciliation service as part of its planned changes to the private rented sector. The call, being made by the National Residential Landlords Association, comes as it publishes its proposals for the Renters’ Reform Bill. With the Government committed to abolishing section 21, or ‘no fault’ evictions as some describe them, the NRLA is calling for fundamental reforms to the rights of re-po

I am in the process of leasing my property with a Housing Association (HA) who will be using it as a 6 x single person HMO. I have lots of questions! Do they themselves have a regulatory body that oversee them? Would the contract with them be also subject to the 5 week only deposit rule or is it different where it's not an individual but a company paying the deposit? Is a three year term better than a 5 year term initially? Just where do you look for recommendations about

I am the freeholder of a flat and there is one leaseholder. The leaseholder wants to extend the lease. The ground rent increases every 30 years by £50 and the increase is not due for another 10 years. Will the increasing ground rent clause in the lease further increase the valuation of the lease or is the current ground rent all that matters when valuing a lease? Many t

The PRA has highlighted to lenders that section 24 rental income tax changes have made BTL investments more expensive for high rate taxpayers and lenders are not fully accounting for this when assessing affordability. Banks routinely look for a minimum stress testing or Interest Cover Rate (ICR) of 125% calculated against monthly interest at a notional rate....

Official statistics show more homes were delivered last year than in any year since 1987, making this the 7th year in a row the number of homes delivered has increased. The new figures show 243,770 homes were delivered from 2019 to 2020....

Personalised Professional Advice on Evicting Tenants available from Landlord Action The risks associated with illegal eviction missed rent payments and possible damage to your property if tenant eviction is badly handled are significantly reduced by paying for professional advice or services....

I recently discovered that my council (Islington) now require my family home (previously classified as an unlicensed HMO as it has 4 young professionals renting it under one tenancy agreement) to be licensed. After a huge payment to apply for a licence online...