There is growing uncertainty over where the responsibilities of private sector tenants and their landlords meet, according to a study by a major broadband and utilities provider. While a landlord is legally responsible for things like property repairs and safety in terms of gas, fire and electrical appliances, among other… Read More »Most tenants want landlords to take on responsibility for basic amenities
Accord Buy To Let is attempting to improve its service and make its mortgage products more widely accessible by amending its criteria and documentation. The intermediary only subsidiary of Yorkshire Building Society will now accept a minimum income requirement of £25,000 per application, as opposed to at least one applicant… Read More »Accord looks to make products more accessible to ‘broader range of landlords’
A buy-to-let landlord has been left in a state of shock after discovering what appears to be a ‘deconstructed meth lab’ in his house in Bulwell, Nottinghamshire, left behind by a former tenant. The house, located less than five miles from Nottingham city centre, has now been cordoned off by… Read More »Landlord discovers meth lab left by tenant in property
How do you potentially balance property buying and management with a full-time job? What strategies have you developed to build wealth and generate passive income? When it comes to investing in property there is a lot to learn. Generic education has become one of the most important tools for landlords,… Read More »Many landlords ‘have not recognised the need to educate themselves’
Thousands of landlords trapped in developer contracts with spiraling costs could be entitled to compensation, according to legal experts. Around 100,000 homeowners across the UK, including many buy-to-let landlords, are estimated to be affected by onerous ground rents. Britain has long had leasehold homes, but only in recent months has… Read More »Are you entitled to compensation due to onerous ground rent charges?
Despite the recent tax and regulatory changes, buy-to-let continues to look an attractive income investment at a time of low-interest rates and volatile stock markets, but which city ranks best for buy-to-let investment? Aldermore’s new Buy-to-Let City Tracker, which analyses 25 cities across the UK to understand the best places… Read More »Best cities for buy-to-let investments revealed
Thursday’s general election presents the main political parties with an opportunity to address voters’ concerns about housing, and not just focus on attempts to leave the EU. With UK house prices and rents continuing to rise, owed largely to the imbalance between property supply and demand, housing needs to be… Read More »The UK’s next prime minister needs to take housing seriously
The cost of the average deposit paid by renters has dropped to £1,299, new figures show. The latest research from Hamilton Fraser’s deposit replacement scheme, Ome, reveals that in 2019 to date, existing tenants have collectively paid deposits worth £1.9bn. But the amount paid for the average deposit is due… Read More »Average rental deposit hits almost £1,300
Proposals by the main political parties, including the Tory government, to scrap Section 21 notices to evict tenants could potentially pave the way for the mass exodus of landlords from the private rented sector in the coming years. According to the National Landlords Association (NLA), abolishing Section 21 evictions could… Read More »Top tips for landlords on how to manage a Section 21 notice
A significant number of people renting in the UK say they will never be able to afford a home, according to new research by Halifax and YouGov. The study found that two in five renters cannot see how they will ever be in a position to buy a property, despite… Read More »Two in five renters fear they will never afford to own a home
