As the UK Government battles growing criticism on various fronts, watchdogs and industry bodies are sharing their dissatisfaction. A recent report from the National Audit Office (NAO) suggests government regulation of the Private Rental Sector (PRS) makes it unfair towards renters. That's a view that lettings professionals and even some MPs have shared in the past week or so.
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As gas prices continue to climb, many tenants are becoming increasingly concerned about their energy costs. Some argue that, however careful they are about their usage, their ability to keep bills under control is hopelessly compromised in less energy efficient properties – and that landlords should be doing their bit by making upgrades where necessary.
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As we near the end of a whirlwind 2021, many people are considering their plans for the coming year, including potential investment options. If Buy-to-Let (BTL) investment is on your wish list for 2022 - as a new landlord or expanding your existing portfolio - then some recent research might be helpful. An annual BTL city tracker details some key elements property investors look for, giving you a good idea of what kind of price you can expect to pay and also the potential yield you could secure.
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Birmingham City Council has been ordered to pay a landlord over £1,200 in rent arrears after it agreed to pay rent directly to a benefit claimant with a history of arrears, who then left the property with the money, without paying the landlord. Initially, the council apologised for the error but refused to pay the landlord. However, a court has ruled it has made a mistake and must atone for that by paying the landlord the arrears in full.
Expansion of the UK’s private rental sector has slowed in recent years and a new report places the reason for that firmly at the feet of the Government. From a range of new rules and tax changes to Brexit uncertainty, UK Government action has weakened confidence among buy-to-let investors and encouraged much more caution with regards to investing in the sector.
As a Buy-to-Let (BTL) investor and landlord, one of the well-known roles of your investment is to provide residential housing for tenants across the UK. However, another important element of your investment in rental property is to generate a financial return for yourself.
A new report suggests that over a quarter of UK Buy-to-Let (BTL) landlords are planning to sell one or more of their properties in the next 12 months. That’s up from the previous study and almost three times higher than the proportion of landlords considering selling up in 2015.
A big thank you from us to all tenants past and present for their kind words about RentGuarantor.com!”
The process was so quick and easy and even when I did find the technical things difficult there was always someone on hand to guide me through, step by step. Would definitely recommend using rent guarantor and I will no doubt do it again in the future
A bit taxing at first but got there in the end helped all through the process came out on top in the end Thanks
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsed in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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