How much rent arrears justifies eviction? Rent arrears are one of the most challenging issues a landlord can face. When a tenant falls behind on rent, it can quickly create financial stress and strain the landlord-tenant relationship. Many landlords are left wondering, “How much rent arrears justifies eviction?” The answer to this question isn’t always […]
Read MoreGood news for private sector landlords as business will continue to boom! The post war “must be a homeowner” mentality of our parents has been replaced with the more modern paradigm of our neighbours on the Continent, “rent for life” Whilst our forebears wanted to own property for a sense of security and […]
Read MoreUK landlords are considered to be service providers, offering their rental property assets as suitable homes for people looking to rent property in the private sector. However, there are times when being a landlord can appear to have a few drawbacks, so we would like to offer landlords a little advice on dealing with some […]
Read MoreResults from the latest Quarterly Lettings Index survey by Countrywide have revealed a highly favourable rental market for UK buy-to-let landlords in the private rented sector. The Countrywide quarterly lettings index analyses all UK PRS rental prices, rent arrears and gross rental yields and is the UK’s largest national lettings index based on over 50,000 rental […]
Read MorePeriodic Inspections Save Landlords Money UK private rented sector (PRS) landlords are missing the tell tale warning signs of damage to their rental assets because they do not carry out regular periodic inspections of their rental properties and they have poor communication with their tenants. The result is that many landlords end up having to […]
Read MoreUK residents are still paying more than 40% of their net income on housing costs, keeping the UK as the third most expensive place to live in the EU behind Denmark and Greece UK families are still among the worst off in Europe when it comes to housing costs, spending more than 42% of their […]
Read MoreUK Landlords with Rent Guarantee insurance have reported an increase in rental yields during the second quarter of 2012. The latest Private Rented Sector (PRS) Trends Survey, commissioned by specialist Buy-To-Let mortgage lender Paragon, has revealed that UK landlords achieved an average rental yield of 6.5%. This is an increase of 0.3% from the 6.2% […]
Read MoreMore than 17% (1 in 6) of UK PRS landlords reckon that some or all of the properties in their rental portfolio’s fall into the lowest Energy Performance Certificate categories, with an F or G rating, meaning that they could end up being banned from the rental market. From 2018 under the Government’s Green Deal […]
Read MoreAccording to the Royal Institute of Chartered Surveyors, (RICS), latest Residential Lettings Survey, the UK Private Rented Sector (PRS) experienced sustained growth between February and April 2012, with houses in greater demand than flats. 13% of chartered surveyors reported that PRS rents had increased with tenant demand largely responsible for the growth. 15% of chartered […]
Read MoreAn increasing number of private residential properties are being rented out to tenants because the owners have moved out but found it difficult to sell the property on the open market. The rise in “reluctant” or “accidental” landlords has caused ripples of concern within the UK lettings industry. In fact, according to the Association of […]
Read MoreFrom 6th April 2012, UK landlords and letting agents will be required to produce a new Energy Performance Certificate (EPC) for all rental properties in England and Wales. Bringing the rules for letting and selling property into line. The new government rules mean that landlords and letting agents must ensure an Energy Performance Certificate, (EPC), […]
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