With more professionals being priced out of the housing market, many are renting instead. This is particularly true of millennials, who may never be able to afford to buy or who prefer the benefits of renting, such as being able to move around frequently or live in a better area. Top of their wish-list is […]

A woman whose house was burgled has lost out on her insurance claim because she did not have photographic evidence of the items stolen. Vivian Harris, aged 70, returned to her London home to find the doors forced open and her jewellery missing. Many of the items, including earrings, bracelets and watches, had great personal […]

Winter can often be a time when problems are found in properties. Tenants go to turn on the central heating or turn up the thermostat and find problems with the boiler or blocked radiators. Now is a good time for landlords to carry out property checks, to put right any problems before they get worse. […]

The fight against the proposed tenant tax continues, with the National Landlords Association launching a new campaign to lobby the Treasury to try to get it to back down. The NLA says that there is a new chancellor and they need everyone’s help to lobby him on Section 24 of the Finance Act 2015. Landlord […]

Tenants are set to be the ones who suffer under government changes to tax allowances for buy-to-let landlords. In a survey by Property118, 54 per cent of respondents said they will be forced to evict existing tenants because of the tax changes and will either sell their properties or re-let to people who can afford […]

Fears are growing that more tenants will find themselves in arrears or will be forced to look for cheaper properties, thanks to the government’s changes in the tax on buy-to-lets. One of the UK’s largest online letting agents, Upad, has said that this situation could rise significantly in the next year, if landlords increase rents […]

Technology is certainly making its mark in the property world, whether it’s buying, selling or renting properties online, making inventories online and viewing or even building homes. This has certainly shaken up the traditional estate agents, who are now having to compete with proptech companies, who themselves are finding new ways of conducting business in […]

Whilst the government has been promoting new house building, the Royal Institution of Chartered Surveyors (RICS) has forecast that the UK is heading for a severe shortage in rental properties. It says the UK needs a building programme specifically for tenants. RICS figures show at least 1.8 million more households will be renting rather than […]

Letting agent fees are going to be banned under new rules announced in the Autumn Statement. Letting agency fees to tenants have already been banned in Scotland, while in England and Wales the agents have had to publicise their fees so there is transparency. Fees can vary enormously, with some tenants paying as much as […]

The number of older tenants who are renting from private landlords is set to increase dramatically in the next few years, for a variety of reasons, including the ageing population, divorce, death of a partner or downsizing. Households aged 65 or more account for less than 10 per cent of private rentals, but this is […]

Rental market remains buoyant

November 21, 2016

Despite tax worries and Brexit gloom, the letting market continues to grow, with new figures from Agency Express showing the number of new listings to let across the UK rose by 1.3 per cent during September, compared to the same time last year, while the volume of properties let was up by 4.4 per cent. […]

About 440,000 landlords who currently pay the basic rate of income tax could find themselves paying at the higher rate when tax changes are introduced on buy-to-lets next year. The National Landlord Association has released figures that reveal just how many landlords will be affected by the changes. At present, landlords receive tax relief on […]

With the growing demand for rental properties, as Generation Rent is forced out of the housing market due to soaring prices, tenants are demanding more than a furnished home or flat in a converted housing block. Thanks to advances in the prop-tech industry, the private rental sector can meet their needs much better than before. […]

When dealing with inspections or check-outs, if any discrepancies occur, it is always best to talk to your tenant before taking any action. Meeting your tenant gives you a chance to discuss what needs to be done, in order for the full deposit to be returned. If this is just better cleaning or a few […]

Airbnb may offer a cheaper alternative to hotels, as well as the chance to live like a local, but thousands of people may be breaking planning rules in their bid to rent out their homes or rooms. The website started up as an idea to help homeowners make a bit of money from their spare […]