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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UK landlord sentiment is weak right now as they expect taxes and regulations to get worse over the next three years. If you’re a landlord yourself then its likely these worries aren’t new for you and the fact that more Buy-to-Let (BTL) landlords are increasingly concerned about them is probably one of the main reasons why investment into rental homes is currently stalled.
If you’re looking for a rental home in Newport Wales, you might struggle to find what you’re searching for. But, if you’re on the rental hunt in Aberdeen Scotland, you’ll likely have more luck – at least that’s what new data on available rental stock levels suggests.
The Tenancy Deposit Service (TDS) and ARLA PropertyMark have created a new information matrix to help simplify all the details of the new tenant fees ban for letting agents and landlords, as some confusion over the new rules remain. This is a particular problem for landlords and letting agents who operate in both England and Wales where there are some differences in the rules.
The Brexit effect is something that many people living in the UK continue to struggle with, regardless of their view on what should happen. Afterall, years of uncertainty and disagreement aren’t easy for anyone to cope with. However, while the UK’s property market has stalled a little and people are more cautious over buying or investing in property, for overseas buyers, Brexit uncertainty has made this a more attractive and potentially profitable market for them.
There was some good news for the UK’s tenants recently as a new report showed fewer people who rent a home experienced an increase in their rent. But that’s not all, letting agents said there are more properties available for rent, while more tenants achieved positive results from rent negotiations.
The number of repossessions of Buy-to-Let (BTL) properties surged in the third quarter of 2019 compared with a year earlier, while the number of BTL properties in mortgage arrears stood at a little below 5,000. The combination of increases in repossessions and still relatively high arrears is far from a positive development for the UK’s Private Rental Sector (PRS) as it means there are potentially fewer rental homes available for the still rising number of tenants searching for one.
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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