New Housing Secretary

In the latest cabinet reshuffle, Michal Gove has been appointed Secretary of State for Housing, Communities and Local Government. He joins a long list of Housing Ministers who have held the role since 2000. Landlords are waiting to see how much help he will be, with his time in the role. …

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Landlord tax could push sell offs

Dominic Agace, chief executive of Winkworth estate agency has responded to calls from Labour leader Sir Keir Starmer for further tax penalties on landlords. He says that tenants will be worse off if landlords are taxed, as the cost will come to them.…

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Property prices still rising

The Royal Institution of Chartered Surveyors (RCIS) has released its latest Residential Market Survey. It shows that whilst property sales in August softened for the second month in a row, they are likely to stabilise in the coming months.…

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UPRN’s could be in PRS future

More than 50 organisations operating within the property sector have penned an open letter to the Government to use Unique Property Reference Numbers (UPRNs) to create a database for the public and private sectors.…

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Stock level forecast

Zoopla has released its latest House Price Index Report, highlighting that a low property stock could mean that the PRS will be in demand more than ever, in the next few years.…

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PRS now worth £1.4trn

A new report from lender, Shawbrook bank, shows the value of the PRS in England, Wales and Scotland grew by 5.8% to £1.4trn in the last year.…

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Rental demand rises further

Rental property demand is at the highest level recorded since the first quarter of 2016 according to research by the National Residential Landlords Association (NRLA). They also highlight that a two-tier rental market is beginning to develop across the UK.…

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NRLA warns of effects of benefits cut

The National Residential Landlords Association (NRLA) has called for the government to publish an impact assessment, on their decision to freeze local housing allowance and cut the temporary £20-a-week rise to universal credit.…

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UK buy to let by region

Analysis into the UK buy to let market has revealed potential investment opportunities for landlords. The research conducted by Sequre Property Investment has highlighted areas throughout the UK that currently have a low number of available rental properties.…

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Support for longer tenancies grows

New research has been released this week highlighting that renters are also in favour of extended tenancy lengths. The uncertainty the pandemic has offered up over the last year and a half has made it clear to see that most landlords and tenants could benefit from this change.…

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Rental market still strong

ARLA Propertymark has released its latest rental market snapshot. It shows that the rental market, whilst not at the extreme levels of previous months, is still breaking records and carrying momentum.…

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Bridging big in 2021

According to new data from lender Shawbrook Bank, 26% of brokers believe the bridging market will benefit the most from the boom in the property market. Bridging loans offer faster access to funds than a typical buy to let or commercial mortgages.…

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Financial assistance needed for EPC boost

The Governments ambition to have all PRS properties with an Energy Performance Certificate (EPC) of C or above by 2030 is a ‘pipedream’ according to the NRLA. They believe that while better EPC ratings benefit many, without financial assistance, the goal will be unachievable.…

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Landlord database investigation worth £100k

The Ministry of Housing, Communities and Local Government is spending £100,000 on a feasibility study to investigate the creation of a national landlord database. The aim of the study is to identify the best way to set up a national register, for England’s 2.3 million private landlords.…

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House price growth returns to 10%

According to the Office for National Statistics (ONS) UK House Price Index, property prices grew by 10% in the year leading to May 2021. This was an increase from 9.6% in the previous month.…

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Things are looking up for landlords

Landlords now have access to more mortgage options than at any point, since the beginning of the pandemic. This, coupled with a positive outlook on the market from intermediaries, points towards a good year for landlords.…

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85% of tenants satisfied with landlords

The English Housing Survey 2019/20, conducted by the UK Government, reports that 85% of private renters are happy with their landlords. We take a detailed look into the report and highlight the areas of key importance to tenants and therefore, to landlords.…

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Strong student rental demand for 2021-22

Early signs point to this being a strong year for student rental demand. With further lockdown restrictions lifting, many are looking forward to September and the upcoming university intake and what it can mean for landlords.…

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18th century landlord laws

The NRLA’s analysis claims that by the time the Building Safety Bill is given Assent, the number of statutory provisions applying to the sector in England will have risen by 40% over the last decade to 168 pieces of legislation. This includes two laws that were written in the 18th century.…

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