Hello, Please read this about the local housing allowance rates for 2024 to 2025: https://www.gov.uk/government/statistics/local-housing-allowance-indicative-rates-for-2024-to-2025/indicative-local-housing-allowance-rates-for-2024-to-2025 What will this mean for you? For my properties it will mean rent increases. I shall be raising rents to match the new LHA rates at the first possible opportunity after the increase is applied from 1 April. Some of […]

Hello, We have a property in the family that we have taken back into possession after a very long rental term, circa 50 years. As you could imagine it is now quite dated and run down inside. All still functional just in need of modernisation all the way through. No central heating, just electric heaters, […]

The UK’s rents for new tenancies dipped by 0.9% in December 2023, reaching £1,268 which is still 8.01% more than the same month in 2022, the HomeLet rental index reveals. The average rent, excluding London, was £1,061, a 0.5% decline from November 2023, but an 8.6% rise from December 2022. London saw a 2.2% drop […]

Lambeth Council has been criticised by the Housing Ombudsman for its inconsistent and inadequate complaint handling from its tenants, despite making some improvements. The Ombudsman launched an inspection into the council after it was not satisfied with the information provided by the council in response to its orders about complaint handling. The inspection gave the […]

Ben Beadle, the chief executive of the National Residential Landlords Association (NRLA), has met with the minister for the private rented sector (PRS), Jacob Young, to discuss the Renters (Reform) Bill. The bill aims to end no-fault evictions, improve security of tenure and strengthen the rights of tenants. Mr Beadle told the minister about the […]

The top worries for landlords in 2024 have been revealed in a survey which found that rising mortgage payments and interest rates are the number one concern. Molo, a digital mortgage lender, asked landlords to select their biggest worries from a list of 15 options and found that landlords in Birmingham and London are the […]

The Good News is that after the turmoil of 2023, 2024 has brought a much-needed reduction in mortgage rates, from most lenders. Starting with Kensington and Halifax, on the first working day of the year and followed by a multiple of others, each fighting for a share of the mortgage market, both for individual and […]

Are you a landlord who has used a rent guarantee scheme? Then, Ruby Hinchliffe, money reporter for the Telegraph would like to speak with you.  The Telegraph are looking to speak to landlords who hand over the keys to a management company and pay them to look after the property and place tenants. The Telegraph would […]

Paragon Bank has cut rates on five-year fixed-rate buy-to-let mortgages by up to 0.7%, reduced its reference rate and also made changes to minimum and maximum loan term criteria. The new rates WITH NO ARRANGEMENT FEE include: Green 5.25% Nil All EPC’s 5.30% Nil Green with £750 Cashback 5.34% Nil All EPC’s with £750 cashback […]

Hi, I rent out a 1 bed flat in Southend on Sea, the council have just introduced selective licensing. I have just had a compliance visit, the result being that the housing officer has said the bedroom is too small for someone to sleep in! The room is 7.8m2, she says the housing act 2004 […]

If you are a landlord wondering what landlord insurance covers then you are not alone. New findings from Confused.com reveal more than 8,000 people searched for “what does landlord insurance cover”. The findings also reveal more than 9,000 people searched for how much landlord insurance costs. How much is landlord insurance Confused.com’s home insurance reveals […]

Several buy to let lenders have announced rate cuts for their mortgage products as the trend for lower rates continues. So far this week, landlords have seen Paragon, Landbay and Accord, along with West One, CHL and Coventry for Intermediaries lower their BTL mortgage rates. And now Moneyfacts has highlighted two deals it says that […]

A new report reveals that one of the main trends in the private rented sector (PRS) last year was the shift of renters from urban to rural areas, as they sought more affordable and spacious homes. Rightmove found that 54% of renters who searched for a new home in 2023 wanted to move out of […]

London was at the forefront of a record-breaking year of property licensing schemes and enforcement in the UK in 2023, one firm reports. According to data from Kamma, there were 32 new licensing schemes introduced across the country last year, and another 18 were under consultation. However, more than £9.87 million in fines were imposed […]

This year is going to be a great year for investing in property, as long as you know what you are doing, so it’s really important to get some good training, to make sure you have the necessary knowledge and support to make the most of the current property market. Today could be your lucky […]

Around 1.6 million private renters on low incomes will see their housing support rise from April, as the government increases the Local Housing Allowance (LHA) by an average of £800 a year. The LHA is the maximum amount of housing benefit or Universal Credit that renters can claim, based on the size and location of […]

Attention, UK property investors! If you’re diving into the world of buy-to-let investments, you can’t afford to miss this crucial update. In today’s video, Ranjan Bhattacharya unravels a pressing concern that every savvy investor should be aware of – the looming warning about mortgage interest rates. Check out the video below

More buy to let mortgage lenders are reducing their rates in a boost for landlords. This week has already seen Paragon, Landbay, Accord and Penrith Building Society all lowering their BTL rates. They have now been joined by: New and existing customers can benefit from lower fixed rates from Coventry for Intermediaries. The lender has […]

Hello, My tenant has been in the property for a very long time, even before I purchased it in 2006. I have tried to sell the property with them in situ but no takers which I tried for around 6 months. I gave them four months notice to vacate but the council pays most of […]

Somerset is the most sought-after county for renters in England, according to a new report by Zero Deposit. The firm’s research is based on data from the final quarter of 2023 which shows that 50% of all rental properties in Somerset have already been taken by tenants. That figure makes it the hottest spot in […]

A leading property firm has blasted the Scottish Government’s new rent control plan as costly and ineffective. David Alexander, the chief executive of DJ Alexander, Scotland’s largest lettings and estate agency, said the plan would not help tenants or landlords. The plan will see rent increases being limited when the Cost of Living (Tenant protection) […]