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Strong prospects for UK landlords
Published: Tuesday 19 January, 2021 Updated: Tuesday 19 January, 2021
Strong prospects for UK landlords

Andrew Turner, Chief Executive of Commercial Trust, comments on the future of the UK buy to let market.

Landlords facing repossession may be given lifeline
Published: Tuesday 19 January, 2021 Updated: Tuesday 19 January, 2021
Landlords facing repossession may be given lifeline

The Financial Conduct Authority (FCA) has opened a consultation on extending the repossession ban. Delaying repossessions further would give landlords who are struggling with their finances the lifeline they need.

SDLT holiday debate continues
Published: Tuesday 19 January, 2021 Updated: Tuesday 19 January, 2021
SDLT holiday debate continues

A petition calling for a six month extension to the stamp duty holiday after March 31st has today achieved enough signatures for it to be considered for debate in Parliament.

Eviction ban extended further
Published: Tuesday 12 January, 2021 Updated: Tuesday 12 January, 2021
Eviction ban extended further

On the 8th of January, it was announced that the ban on evictions already in place for England was to be extended for a further 6 weeks. The ban was due to end 3 days after this latest extension announcement.

Changes to Captial Gains Tax predicted
Published: Tuesday 12 January, 2021 Updated: Tuesday 12 January, 2021
Changes to Captial Gains Tax predicted

Changes to Capital Gains Tax (CGT) may be fast approaching as Chancellor Rishi Sunak looks to offset government spending and borrowing during the coronavirus pandemic. Will he answer the question everyone need answering - where will the funds to repay Covid debt come from?

Virus vaccine may save London PRS
Published: Tuesday 12 January, 2021 Updated: Tuesday 12 January, 2021
Virus vaccine may save London PRS

The private rental sector (PRS) in prime London areas have been particularly adversely affected by the pandemic. A substantial roll-out of the virus vaccine could, however, be the solution London has been awaiting, according to leading agencies.

Property industry still open in lockdown
Published: Tuesday 05 January, 2021 Updated: Tuesday 05 January, 2021
Property industry still open in lockdown

Yesterday, on January 5th, the Prime Minister announced a new national lockdown for England. The good news for landlords is that the housing market will remain open.

Uproar over Welsh Land Transaction Tax hike
Published: Tuesday 22 December, 2020 Updated: Tuesday 22 December, 2020
Uproar over Welsh Land Transaction Tax hike

Published on the 22nd of December, the NRLA has found that over 800,000 private renters in England and Wales have accrued rent arrears since March 2020.

Government extends restrictions on commercial evictions
Published: Tuesday 22 December, 2020 Updated: Tuesday 22 December, 2020
Government extends restrictions on commercial evictions

On the 9th of December, the UK government posted an update that business owners affected by the pandemic will continue to be protected from eviction, until the end of March 2021. This has also prompted a review of the legislation surrounding the commercial rental sector.

More than 800,000 renters in arrears
Published: Tuesday 22 December, 2020 Updated: Tuesday 22 December, 2020
More than 800,000 renters in arrears

Published on the 22nd of December, the NRLA has found that over 800,000 private renters in England and Wales have accrued rent arrears since March 2020.

Interest rates to stay at 0.1%
Published: Tuesday 22 December, 2020 Updated: Tuesday 22 December, 2020
Interest rates to stay at 0.1%

The Bank of England has decided to keep interest rates at the current level of 0.1%, whilst Brexit talks are ongoing. The vote, which was undertaken by the Monetary Policy Committee, came to this conclusion at their final meeting of 2020.

NRLA demands financial support for landlords
Published: Tuesday 22 December, 2020 Updated: Tuesday 22 December, 2020
NRLA demands financial support for landlords

The chief executive of the National Residential Landlords Association (NRLA) has issued a demand to senior MP’s for financial help, for the private rental sector, in response to the difficulties posed by the coronavirus pandemic.

Good news for landlords as rents in England peak
Published: Tuesday 22 December, 2020 Updated: Tuesday 22 December, 2020
Good news for landlords as rents in England peak

Based on a survey of 436,810 homes, the Valuation Office Agency has released its annual private rental market summary from 1 October 2019 to 30 September 2020.

Is there a way to beat the Stamp Duty Holiday deadline?
Published: Tuesday 08 December, 2020 Updated: Tuesday 08 December, 2020
Is there a way to beat the Stamp Duty Holiday deadline?

Landlords keen to utilise a discount on stamp duty, face uncertainty around hitting completion in time. Jorden Abbs, director of sales at Commercial Trust Limited, shares a tactic which could mitigate this risk.

First-time buyer landlords flourish despite pandemic
Published: Tuesday 08 December, 2020 Updated: Tuesday 08 December, 2020
First-time buyer landlords flourish despite pandemic

Many first-time buyers have been significantly impacted by the coronavirus pandemic, with rising loan to values and increased difficulty to get on the residential property ladder.

Will the stamp duty holiday be extended?
Published: Tuesday 08 December, 2020 Updated: Tuesday 08 December, 2020
Will the stamp duty holiday be extended?

Debate on whether the stamp duty holiday will be extended is a current hot topic for the industry and for the economy.

Landlords feel abandoned by the UK government
Published: Tuesday 08 December, 2020 Updated: Tuesday 08 December, 2020
Landlords feel abandoned by the UK government

In a recent survey conducted by OnePoll, for The Mortgage Lender, it has come to light that 64% of landlords say they haven’t received any financial support due to the pandemic.

NRLA commences battle for fair eviction rights
Published: Tuesday 08 December, 2020 Updated: Tuesday 08 December, 2020
NRLA commences battle for fair eviction rights

The National Residential Landlord’s Association (NRLA) has launched a campaign demanding change to eviction legislation, prior to the implementation of the Reform Bill.

Scotland introduces Christmas eviction ban
Published: Tuesday 08 December, 2020 Updated: Tuesday 08 December, 2020
Scotland introduces Christmas eviction ban

The Scottish Government has announced a halt to the enforcement of evictions. The announcement was made on the 3rd of December.

Significant eviction process update
Published: Tuesday 08 December, 2020 Updated: Tuesday 08 December, 2020
Significant eviction process update

New ‘Review Hearings’ have been introduced by the courts, to help prioritise urgent eviction cases.

Will PRA bring in new affordability rules?
Published: Tuesday 01 December, 2020 Updated: Tuesday 01 December, 2020
Will PRA bring in new affordability rules?

The PRA have this week published a report on findings relating to the approach lenders are taking for assessing affordability in the buy to let sector.

No extension to stamp duty holiday, yet?
Published: Tuesday 01 December, 2020 Updated: Tuesday 01 December, 2020
No extension to stamp duty holiday, yet?

Property industry disappointed after Chancellor's latest spending review does not include stamp duty extension.

Housing support cuts cause outrage
Published: Tuesday 01 December, 2020 Updated: Tuesday 01 December, 2020
Housing support cuts cause outrage

Landlords are outraged following Chancellor Rishi Sunak’s spending review announcement, which intends to cut housing support allowances.

Right to rent guidelines cause concern
Published: Tuesday 24 November, 2020 Updated: Tuesday 24 November, 2020
Right to rent guidelines cause concern

The government has been warned that landlords won't be able to meet new Right to Rent guidelines after Covid-19 subsides.

Extension to Green Homes Grant
Published: Tuesday 24 November, 2020 Updated: Tuesday 24 November, 2020
Extension to Green Homes Grant

Boris Johnson has announced that the Green Homes Grant will be extended in England.

Actionable arrears cases defined
Published: Tuesday 24 November, 2020 Updated: Tuesday 24 November, 2020
Actionable arrears cases defined

The government has defined the parameters where rent arrears possession can proceed in updated legislation.

Section 21 won’t change until pandemic passes
Published: Tuesday 17 November, 2020 Updated: Tuesday 17 November, 2020
Section 21 won’t change until pandemic passes

Government officials confirm Section 21 evictions will be eradicated after the pandemic. A recent report claims that private rental market needs reform. The PRS experiences increase in later life tenants.

Right to rent guide updated
Published: Tuesday 10 November, 2020 Updated: Tuesday 10 November, 2020
Right to rent guide updated

UK Government releases updated Right to Rent guide for landlords. AirBnB hits back at proposed regulations for Scotland. Mortgage payment holidays extended for six months.

Housing market open for business during national lockdown
Published: Tuesday 03 November, 2020 Updated: Tuesday 03 November, 2020
Housing market open for business during national lockdown

The housing market in England will remain open during the four-week lockdown. Housing Minister confirms that there are no plans for stamp duty extension. Chancellor Rishi Sunak is given landlord wish list ahead of spending review.

How the end of Section 21 might affect landlords
Published: Tuesday 27 October, 2020 Updated: Tuesday 27 October, 2020
How the end of Section 21 might affect landlords

What would happen if the Government abolished Section 21? A nationwide lockdown has returned to Wales, how will this impact landlords? The housing market has returned to pre covid-19 levels of activity. NRLA Wales call for the Welsh Government to implement Green Homes Grant.

Act quickly to benefit from stamp duty holiday
Published: Tuesday 20 October, 2020 Updated: Tuesday 20 October, 2020
Act quickly to benefit from stamp duty holiday

Conveyancing groups have urged the government to extend the stamp duty holiday. Housing charity Shelter criticises rental properties in England, for being poor quality. Notable rise in rental demand for houses, as tenants look for more space.

Welsh loan scheme opens for applications
Published: Tuesday 13 October, 2020 Updated: Tuesday 13 October, 2020
Welsh loan scheme opens for applications

Loan scheme to help tenants affected by Covid-19 officially launches in Wales. The future of commercial property investment - where is the next big opportunity? New online service to improve the right to rent process. Doubts that the government will reach housebuilding target.

Private rental sector - the new energy plan
Published: Tuesday 06 October, 2020 Updated: Tuesday 06 October, 2020
Private rental sector - the new energy plan

Government launches proposal to make private rental sector more energy-efficient. The BTL market shows no signs of slowing down. Landlords continue to be overlooked as the government are yet to introduce hardship loans for tenants.

Courts begin to resume eviction hearings
Published: Tuesday 29 September, 2020 Updated: Tuesday 29 September, 2020
Courts begin to resume eviction hearings

Eviction hearings resume in courts across England and Wales. Pressure grows for Welsh politicians as councillors call for AirBnB to be banned. Buy to let demand grows among first time buyers in the UK.

Mayor of London calls for two-year rent freeze
Published: Tuesday 22 September, 2020 Updated: Tuesday 22 September, 2020
Mayor of London calls for two-year rent freeze

NRLA says Sadiq Khan's request for 2-year rent freeze would be disastrous for tenants. Property price increases jump up significantly May to June, from 1.1% to 3.4%

Cladding - The official government response
Published: Tuesday 15 September, 2020 Updated: Tuesday 15 September, 2020
Cladding - The official government response

Flat owners welcome government response on cladding remediation. Second so called “No DSS” case has been supported and won. New guidance issued for landlords with student accommodation, as the academic year begins.

Tenant Hardship Loan announced in Scotland
Published: Tuesday 08 September, 2020 Updated: Tuesday 08 September, 2020
Tenant Hardship Loan announced in Scotland

Scotland follows Wales with Tenant Hardship Loan, to fund unpaid rent. NRLA calls out to landlords to lobby their local MP for support. UK regeneration areas analysed for property investment opportunity.

Ongoing concerns over the eviction ban
Published: Wednesday 02 September, 2020 Updated: Wednesday 02 September, 2020
Ongoing concerns over the eviction ban

Government's 'u turn' decision to extend the eviction ban continues to cause concern. The Green Homes Grant scheme has now launched, what's involved in the application? Positive news for landlords and letting agents as rental demand continues into August.

Eviction ban set to be extended
Published: Monday 24 August, 2020 Updated: Monday 24 August, 2020
Eviction ban set to be extended

Eviction ban set to be extended by four weeks in England and Wales. Buy to let market picks up as new products and higher LTV's are re-introduced. Government urged to do more to financially support landlords. Increase in electrical checks as regulation changes for buy to let properties.

Welsh rent arrears loan scheme
Published: Tuesday 18 August, 2020 Updated: Tuesday 18 August, 2020
Welsh rent arrears loan scheme

Wales offers tenants loan scheme to pay off Covid-19 rent arrears. UK officially in recession, what will be the impact for landlords? Positive sign for landlords as the demand for the rental market increases. Scottish government announces plan to extend eviction ban, will the rest of the UK follow?

New government advice on the Green Homes Grant
Published: Monday 10 August, 2020 Updated: Monday 10 August, 2020
New government advice on the Green Homes Grant

Government shares more detail on Green Homes Grant. Tax tip for landlords on incorporation. Understanding tenant's residency status set to be impossible without Home Office clarification.

Be prepared with possession claims
Published: Tuesday 21 July, 2020 Updated: Tuesday 21 July, 2020
Be prepared with possession claims

Courts re-open on 24th, landlords must act to re-ignite existing possessions claims. Housing Minister brings landlords good news in Commons debate. Warning to landlords to be aware of possible rise in cannabis farms in rental property.

“Making Tax Digital” will affect landlords the most
Published: Tuesday 21 July, 2020 Updated: Tuesday 21 July, 2020
“Making Tax Digital” will affect landlords the most

Will Making Tax Digital be better or worse for landlords? Experts say landlords will be most affected by MTD. Repossession notice period extended to 6 months in Wales. West Lothian Council need help from the PRS.

"No DSS” policies now unlawful
Published: Tuesday 21 July, 2020 Updated: Tuesday 21 July, 2020
"No DSS” policies now unlawful

Landlords and lettings agents using "No DSS" policies risk prosecution. Wales and Scotland announce their property tax holidays. "Mary Barbour Bill" stopped by SNP and Scottish Conservatives. Property asking prices up with mini-boom

Labour slams Sunak on stamp duty
Published: Tuesday 14 July, 2020 Updated: Tuesday 14 July, 2020
Labour slams Sunak on stamp duty

Labour want PRS and second homes excluded from stamp duty holiday. August brings change to Universal Credit. Landlords can claim under Green Homes Grant

Firm end to evictions ban
Published: Tuesday 07 July, 2020 Updated: Tuesday 07 July, 2020
Firm end to evictions ban

Landlords finally have an end date for evictions ban. What does Boris's 'Build, build, build' mean for buy to let? What will Rishi Sunak's road to Covid-19 recovery look like?

Positive news from courts on evictions
Published: Monday 22 June, 2020 Updated: Monday 22 June, 2020
Positive news from courts on evictions

Two pieces of good news on Section 21 evictions. Rents in England peak at £700 per month on average. Landlords receive £78,100 average capital gain on property sales in 2019.

Holiday lets may re-open from July 4th
Published: Tuesday 09 June, 2020 Updated: Tuesday 09 June, 2020
Holiday lets may re-open from July 4th

Culture Secretary hopes to re-open holiday let industry from July 4th. Rental demand surges 22% in May with changing demands from tenants after impact of Covid-19

Will eviction ban be extended?
Published: Tuesday 02 June, 2020 Updated: Tuesday 02 June, 2020
Will eviction ban be extended?

Will eviction ban be extended? NRLA calls for landlord support. Good news for landlords with tenants receiving Universal Credit. The government releases guidance notes for landlords on the new electrical safety regulations.

Landlords can defer tax payment to 2021
Published: Tuesday 26 May, 2020 Updated: Tuesday 26 May, 2020
Landlords can defer tax payment to 2021

Two pieces of good news for landlords arising from Covid-19 help. Tax payments can be deferred to 2021 and mortgage payment holidays have been extended by three months. New applications are also able to be made up to 31st October 2020.

Physical property valuations resume!
Published: Thursday 14 May, 2020 Updated: Thursday 14 May, 2020
Physical property valuations resume!

The buy to let industry is buzzing with activity as the government allows valuers back out. Increasing numbers of lenders refresh their mortgage offering bringing renewed opportunity for landlords.

Tenants call for year-long rent freeze
Published: Thursday 19 March, 2020 Updated: Tuesday 05 May, 2020
Tenants call for year-long rent freeze

Covid-19 impact on March tenancies. Tenants hardest hit by Coronavirus. Late rent payments up just 2%. Universal Credit rent arrears deductions suspended

Government to act on Right to Rent
Published: Thursday 19 March, 2020 Updated: Tuesday 05 May, 2020
Government to act on Right to Rent

Government to act on Right to Rent. Six-month extension for safety certificates? Call for evidence on impact of Covid-19 on PRS. London Mayor seeks 'triple-lock' tenant protection. Covid-19 support for Welsh landlords and tenants.

How landlords can navigate Covid-19
Published: Thursday 19 March, 2020 Updated: Tuesday 05 May, 2020
How landlords can navigate Covid-19

How landlords can navigate Covid-19. Councils tackle AirBnB bookings. Tenants moving during Coronavirus lockdown and Tenants need clarity on rent obligations

Government guidance on Coronavirus Act 2020
Published: Thursday 19 March, 2020 Updated: Tuesday 05 May, 2020
Government guidance on Coronavirus Act 2020

Guidance for landlords from the government on Coronavirus Act 2020. ARLA Propertymark supports eviction ban. 3 month extension for filing accounts is good news for limited company landlords. Scotland pushes back energy efficiency regulation deadline.

Coronavirus support extended to landlords
Published: Thursday 19 March, 2020 Updated: Tuesday 05 May, 2020
Coronavirus support extended to landlords

Vital news for landlords on support through the Coronavirus pandemic, news on the latest Base Rate drop and what is happening in the buy to let market - act now!

Impact of 2020 Budget on landlords
Published: Wednesday 11 March, 2020 Updated: Tuesday 05 May, 2020
Impact of 2020 Budget on landlords

Impact of 2020 Budget on landlords. Base rate drops to 0.25% - how will this affect mortgages? 13% of people pay rent or mortgage with their overdraft. Wales caps interest on rent defaults. The Midlands is set to drive buy to let purchases in 2020

70% of landlords expect more legislation
Published: Thursday 05 March, 2020 Updated: Tuesday 05 May, 2020
70% of landlords expect more legislation

A January 2020 survey shows a mix of legislative interference is expected from UK landlords. Sadiq Khan

RLA warns of electrical safety loophole
Published: Thursday 27 February, 2020 Updated: Tuesday 05 May, 2020
RLA warns of electrical safety loophole

RLA warns of electrical safety loophole. Do 4.8% average yields make two-bedroom properties best? Tenant demand at record high, more landlords needed?

Associations call for PRS reform in Budget
Published: Thursday 20 February, 2020 Updated: Tuesday 05 May, 2020
Associations call for PRS reform in Budget

Associations call for PRS reform in Budget. Pincher appointed as latest Housing Minister. UK house prices up 2.2%

Average rents up 2.3% in January
Published: Thursday 13 February, 2020 Updated: Tuesday 05 May, 2020
Average rents up 2.3% in January

Average rents up 2.3% in January 2020; Are deposit-free rent schemes back-firing? Scottish Bill seeking rent controls is launched; A Welsh Bill is introduced which will impede landlords claiming property possession

Saving to buy not a priority for 82% of non-homeowners
Published: Thursday 06 February, 2020 Updated: Tuesday 05 May, 2020
Saving to buy not a priority for 82% of non-homeowners

Saving to buy not a priority for 82% of non-homeowners; Base rate holds at 0.75%; landlords contribute £3.61bn to local economies; EPC minimum standards deadline delayed in Scotland

Lenders compete for buy to let business
Published: Wednesday 29 January, 2020 Updated: Tuesday 05 May, 2020
Lenders compete for buy to let business

Good news for landlords this week. Lenders compete for buy to let business, rate drops from 5 top buy to let lenders, tax tips for short term lets and DWP gives Universal Credit apology

Rental demand hotspots across the UK
Published: Tuesday 28 January, 2020 Updated: Tuesday 05 May, 2020
Rental demand hotspots across the UK

Rental demand hotspots across the UK, indistinguishable Housing Benefit payments cause problems and NRLA merger is delayed

Is holiday let regulation bad news?
Published: Wednesday 15 January, 2020 Updated: Tuesday 05 May, 2020
Is holiday let regulation bad news?

Is holiday let regulation bad news? 4-year LHA rate freeze to end. January 30th may see base rate cut

Upcoming deadlines for landlords
Published: Wednesday 08 January, 2020 Updated: Tuesday 05 May, 2020
Upcoming deadlines for landlords

NRLA launches, £4m for councils to tackle rogue landlords, Government launches pet-inclusive AST, key landlord dates for early 2020

Queen to confirm scrapping of Section 21
Published: Wednesday 18 December, 2019 Updated: Tuesday 05 May, 2020
Queen to confirm scrapping of Section 21

Queen to confirm scrapping of Section 21. RLA and NLA seek reform of eviction process. Rightmove predicts 2% property price rise in 2020.

Compensation for excessive ground rents
Published: Thursday 12 December, 2019 Updated: Tuesday 05 May, 2020
Compensation for excessive ground rents

Is bamboo the next Japanese Knotweed? Are landlords eligible for compensation over legal ground rent advice? Oxford tops Aldermore's analysis of the top 25 UK cities for buy to let.

UK Finance 2019 statistics show resilience in buy to let
Published: Thursday 28 November, 2019 Updated: Tuesday 05 May, 2020
UK Finance 2019 statistics show resilience in buy to let

UK Finance 2019 statistics show resilience in buy to let, review Labour and Liberal Democrat manifesto's and their impact on landlords, Welsh landlords warned to be prepared for regulation changes on holding deposits.

Government says "no" to landlord register
Published: Wednesday 13 November, 2019 Updated: Tuesday 05 May, 2020
Government says "no" to landlord register

Government says "no" to landlord register, will BoE base rate fall in December 2019?, tenants value short commute over home ownership, clarification on default charges and holding deposits from Welsh Government, buy to let opportunities in under-served rental stock areas of UK

£3.8m for rogue landlord crackdown
Published: Thursday 07 November, 2019 Updated: Tuesday 05 May, 2020
£3.8m for rogue landlord crackdown

In its second year, a further £3.8m has been added to a fund to crackdown on rogue landlords; more details of Labour evolving plans for Right to Buy in the PRS emerge; HMO rental yields outstrip other properties and increasing numbers of landlords incorporate

What does the general election mean for landlords?
Published: Thursday 31 October, 2019 Updated: Tuesday 05 May, 2020
What does the general election mean for landlords?

What does the General Election mean for landlords? Latest statistics on UK rents. TV spotlight on subletting. The painful reality for tenants of rent controls.

UK house prices up 0.8%
Published: Thursday 24 October, 2019 Updated: Tuesday 05 May, 2020
UK house prices up 0.8%

UK house prices up 0.8% MoM, 75% of tenants happy renting, letting agents face legal action over licensing, industrial and office sectors drive increase in rents

RICS publishes fire safety guide
Published: Thursday 03 October, 2019 Updated: Tuesday 05 May, 2020
RICS publishes fire safety guide

RICS fire safety guide, policymakers pushing up rents, peak in first time landlord mortgages, 2017/18 tax returns not accepted October-January

FT warns landlords away from Labour government
Published: Tuesday 10 September, 2019 Updated: Tuesday 05 May, 2020
FT warns landlords away from Labour government

In the news - Javid's 'end to austerity', FT's Labour warning, Pets pushing up rents and the REAL reason house prices are so high

Boris seeks to suspend parliament
Published: Wednesday 28 August, 2019 Updated: Tuesday 05 May, 2020
Boris seeks to suspend parliament

Shock as Boris Johnson seeks suspension of parliament from the Queen, with motives to block MPs trying to stop no deal Brexit implied. July rent rises at record high. Universal Credit still causing rent arrears and PRS needs accessible homes.

Landlord news to Thursday 22nd August, 2019
Published: Monday 19 August, 2019 Updated: Tuesday 05 May, 2020
Landlord news to Thursday 22nd August, 2019

Get the low-down on holiday let hot spots, find out the latest proposal for the governments rogue landlord database, Javid says stamp duty will not pass to seller and more...

Landlord news to Thursday, August 15th, 2019
Published: Tuesday 13 August, 2019 Updated: Tuesday 05 May, 2020
Landlord news to Thursday, August 15th, 2019

RICS predicts rent rises as tenant demand grows. Rent rises currently match inflation. Private landlord repossessions take 22.5 weeks

What will a lender accept as provable income?
Published: Tuesday 05 May, 2020 Updated: Tuesday 05 May, 2020
What will a lender accept as provable income?

Provable income and what buy to let lenders want to see and will accept for buy to let mortgage loans. Chat to our team to learn more.

How to estimate a property's value
Published: Tuesday 05 May, 2020 Updated: Tuesday 05 May, 2020
How to estimate a property's value

Find out how to accurately estimate property value and avoid being declined by your lender because of down-valuations.