If you are a Landlord who lets a property in the UK, then you run the risk of rent default by your tenant. Even the best checks and references cannot predict a tenant falling on hard times and not being able to pay their rent. Could you as a landlord cover your expenditure if this […]
Read MoreA major new report out today is urgently calling on the Government to regulate residential Letting Agents to the same standards as Estate Agents and reckons that UK tenants are being ripped off by cowboy agents in the booming PRS rental market. The Resolution Foundation, an independent think tank which focuses on lower income groups, […]
Read MoreA seasonal reminder to landlords and letting agents that Bailiff Amnesty’s will begin around 12th December 2011 to the 9th January 2011. Please check your local County Court for more details. The amnesty, which is not widely publicised, is implemented due to local authority offices, solicitors, courts and housing welfare organisations festive holiday closures. Unfortunately […]
Read MoreA new study claims UK Landlords should seek debt advice in order to avoid evictions. The report by the Financial Inclusion Centre, commissioned by the Hyde Group, found that UK landlords could save more than £50 Million in debt-related eviction costs through early intervention. Researchers found that, on average, landlords made a net return of […]
Read MoreWhen bad tenants face eviction for excessive rent arrears, they often think they can move out without ever paying the landlord their due rent. This is not the case! Many UK landlords may not be aware but they are still entitled to claim any rent arrears owed to them by evicted tenants for up to […]
Read MoreFigures released this week by a UK property association, have shown the average length of a tenancy in the UK private rented sector (PRS) has increased to around 19 months. The vast number of people now renting in England has increased by a dramatic 56% since 2004, which now accounts for over 20% of all […]
Read MoreDemand for UK Rental Property continues to soar, with lettings agreed within a record low of 12.7 days and up to 5 tenants competing for each private sector (PRS) rental property. Since the beginning of 2011 there has been a significant increase in tenant demand for private rented sector property. UK residents are adopting the […]
Read MoreBeing a landlord in the UK is a very desirable financial position that many people would like to be in. Some tenants even think that landlords are made of money, not realising that Buy To Let is a business. The landlord is a businessman and the property is his income source. However, most landlords will […]
Read MoreFinancial experts have suggested the UK Private Rented Sector (PRS), will keep expanding over the next few years. The Council of Mortgage Lenders’ (CML), has noted that UK Landlords, Property Management Companies, Lettings and Estate Agents are currently seeing strong rental returns within the UK PRS, and this income improvement is likely to continue for […]
Read More1st January 2012 will see further changes to Local Housing Allowance (LHA) under the Government’s welfare reform. The age limit for shared accommodation room rate is set to rise from 25 to 35 This means that anyone under 35 and living by themselves or renting a room will be restricted to the shared room accommodation […]
Read MoreBeing a Private Rented Sector Landlord is the ideal job for an increasing number of people and the occupation is certainly in demand right now following a surge in the number of searches for buy to let mortgage advice, during October, according to new figures released this week. October has seen a surge in people […]
Read MoreAccording to research conducted by the Association of Residential Letting Agents (ARLA), 17% of UK landlords reckon their rental properties would fail Energy Performance Certification (EPC). Under the Government’s Green Deal proposals Landlords who own rental properties that fall into the lowest two categories of energy efficiency could be banned from the private rental market. […]
Read MoreUK landlords could soon be forced out of the Local Housing Allowance (LHA) market by the Government cap on housing benefit payments. 77% of UK landlords who currently accept tenants claiming benefits are already planning to, or are actively taking steps to reduce their involvement with DSS/LHA tenancies because they are physically unable to afford […]
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