Landlord News

16:41 PM, 18th April 2024, About 6 hours ago|
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The Renters (Reform) Bill, designed to shake up the private rental sector (PRS) in England, is nearing a key stage in its passage through Parliament. It is scheduled for its report stage and third reading next Wednesday (April 24), but the Bill has already undergone significant changes. Originally introduced to fulfil a Conservative manifesto pledge, the Bill will see the abolition of Section 21 'no-fault' evictions. Landlords will still be able to repossess properties but
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15:03 PM, 18th April 2024, About 8 hours ago|
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Scottish private sector rents have risen at a rate in line with inflation over the last nine years, according to a new analysis. The data from letting agents DJ Alexander shows rents increased by 40.7% between January 2015 and February 2024. However, inflation rose by 32.25% over the same period, resulting in a net increase of just 8.45% - or an average annual rise of 0.94%. This comes despite the introduction of rent cap legislation in October 2022 - legislation which the
12:29 PM, 18th April 2024, About 11 hours ago|
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Three leading buy to let lenders in the UK are offering rate cuts, faster remortgages, and simpler valuations to help landlords navigate the current market. Landlords looking for specialist buy to let mortgages can now access cheaper deals from Shawbrook. The lender has announced a range of reductions on its complex BTL products, with some rates dropping by as much as 0.3%. The cuts apply to loans between £1 million and £5 million. Fixed-rate mortgages for both five and
0:02 AM, 19th April 2024, Less than a minute ago|
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0:01 AM, 19th April 2024, Less than a minute ago|
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10:07 AM, 18th April 2024, About 13 hours ago|
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Homelessness charity Shelter claims that since the government unveiled plans in 2019 to abolish Section 21 ‘no-fault’ evictions, nearly one million tenants have been evicted under the process. It also warns that any further delay in banning Section 21 will see more renters being ‘...
9:52 AM, 18th April 2024, About 13 hours ago|
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Whilst reading about how long it’s taken to reform Section 21 evictions, it occurred to me that if five years ago a “Reason for Eviction” field had been added to the application, we might actually have been able to demonstrate that there were legitimate business reasons why landlords took that route...
9:25 AM, 18th April 2024, About 14 hours ago|
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A new podcast has been launched to help landlords stay up to date with what’s happening in our industry. It’s different from other property podcasts in that it is more focused on practical tips to help landlords start...
9:14 AM, 18th April 2024, About 14 hours ago|
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In this video, Ranjan Bhattacharya delves into the controversial topic of abolishing landlords from the perspective of someone who owns rental properties. As discussions around housing inequality and tenant rights continue to evolve, the call to abolish landlords altogether has gained traction....