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19 May 2024 / Blog by Suzanne Smith of The Independent Landlord When you’re setting out as a landlord, or even when you’ve been a landlord for a while, it can be difficult to know what you should put in unfurnished rental properties. Some of it is a grey area, depending on personal preference and target market. Others are legal obligations. Undoubtedly, the more a landlord provides, the higher the start-up costs and running costs when the item we...

Posted on 21 May 2024 by OpenRent Is subletting illegal in the UK? Find out what subletting involves and the legal implications for tenants and landlords. Subletting occurs when a tenant lets out part or all of the property to someone else, who then becomes a subtenant. The tenant requires permission from the landlord to sublet and this should be made clear in the tenancy agreement. What is subletting?There are several reasons why a tenant might ...

Article written by Graham Norwood Landlord Today 22nd May 2024A General Election has been called for July 4 So what happens to the Renters Reform Bill, which has been the subject of years of controversy and which is now part way through its Parliamentary process? It has gone through the House of Commons and has had its first reading in the Lords.It should next go on to the committee stage in the Lords, which could in normal times take some weeks....

.Article written by Graham Norwood for Landlord Today-23rd May 2024A joint survey of around 1,000 property professionals by the National Residential Landlords Association and PropTech company Goodlord show that 45% of landlords and 39% of letting agents have decided who they will vote for - but 27% of landlords and 19% of letting agents say they are open to having their mind changed, while 19% of landlords and 26% ofletting agents do not know to ...

 This article was written by Oxford Property Consulting in 2023   A series of legislative, fiscal and economic conditions have converged in recent years to alter the landscape of investing in the private rented sector.   Changes to tax allowances, rises in interest rates and a stricter regulatory environment have seen an upward trend in landlords selling up their properties.   In this blog, we explore these developments in gre...

Times onlineJosh KirbyChief writer Updated March 21, 2024   The latest official figures show house prices are still down year-on-year, but signs of a recent resurgence mean that might not last long. We explore whether this trend is likely to continue over the rest of 2024. The Land Registry has reported that house prices rose 0.5% between December and January, but were still down 0.6% compared to the year before. But the official figures gen...

Will house prices keep falling? Author Georgie Frost Published in The Times Money Mentor 1st December 2023Updated December 1, 2023 House prices rose 0.2% in the month to November, according to Nationwide, but still remain 2% lower than a year ago. Forecasts from Lloyds Bank and property website Zoopla expect prices to keep on falling throughout 2024. We explore where house prices could head next. The evidence that the UK property market is strugg...

Published by Leting Agent Today 28th November 2023 Savills is warning that despite strong income growth, rising rents are stretching the finances of those in the private rental sector.  Savills now estimates that the average PRS household is spending 35.3 per cent of their income on rent, up from 33 per cent in 2021/22. This is forecast to be stretched further in 2024, but thereafter rents will have reached an affordability ceiling, and furt...

  Published by gaurdian On Line Kalyeena Makortoff @kalyeena Mon 14 Aug 2023 Those who sold buy-to-let this year made £10,500 less than those who did so in 2022, separate data shows A growing number of landlords have sold up as rates on mortgages surge, according to data that showed tenants facing sharply rising rents amid a squeezed housing market. Estimates by the estate agent Savills showed that 25,000 homes in the UK were sold by landlor...

Published on line by Which? 29th december 2021 by Stephen Maunder   Buy-to-let property investors face a series of challenges in 2022, from the prospect of reforms to eviction and deposit rules to proposed energy efficiency changes. It’s a complex time to be a landlord, but we’re here to help you get your head around the rules when investing in buy-to-let property and managing your portfolio. Here are our 11 top tips on what to watch ou...

Kebbell’s Predictions for 202231ST DECEMBER 2021 PROPERTY NEWS, UKBY EDITOR https://www.whathouse.com/interviews/andrea-fawell-kebbell-2022-predictions/    What are the biggest factors impacting the property market at the moment? The long term impacts of problems with the global supply chain and the availability of materials and labour means it is increasingly difficult to build to a normal time scale and I can’t see that changing for a...

  Published by The Gaurdian - Julia Kollewe and Hilary Osborne Tue 28 Dec 2021 00.01 GMT2021 was a boom year for house prices  https://www.theguardian.com/money/2021/dec/28/uk-house-price-growth-2022-forecast Britain’s housing market is to slow dramatically in 2022 as borrowing costs rise and household budgets come under mounting strain, property experts have predicted. After a year of booming prices driven by stamp duty holidays across...

PUBLISHED BY THE GAURDIAN ON LINE 17TH DECEMBER 2021 The mortgage lender said it expected the red-hot increases in average house prices over the last two years – 8% so far this year and 6% in 2020 – to end, with growth forecast to be “broadly flat” in 2022. The Bank of England raised interest rates on Thursday for the first time since the start of the coronavirus pandemic, from 0.1% to 0.25%, and signalled further increases in the months ahead, p...

PUBLISHED ON LINKEDINUK Property News - Friday 24th September 2021 Toni Miller-iCEO at Property GolfAutumn property market forecast: shortage of homes for sale to prevent price falls after stamp duty holiday rushThe dust is settling on the stamp duty holiday, but a shortage of stock for sale will support house prices in the run up to Christmas according to industry experts today. Halifax’s latest research found London house prices fell ...

https://www.which.co.uk/news/2021/07/how-will-the-coronavirus-affect-house-prices/  

PUBLISHED BY PROPERTY WIRE 9TH APRIL 2021 https://www.propertywire.com/finance/accidental-landlords-dont-get-caught-out-by-the-income-tax-trap/ Around 7% of landlords in the UK are ‘accidental’ and never intended to let out a property. Reasons for being an accidental landlord include inheriting a property that hasn’t been sold on and being forced to let out a home that cannot be sold.   As an accidental landlord, understanding the laws aroun...

PUBLISHED BY PROPERTY WIRE 12TH APRIL 2021 https://www.propertywire.com/news/uk/homeowners-look-to-second-charge-mortgages-to-raise-money-for-buy-to-let-properties/ New research from criteria search specialist Knowledge Bank shows that homeowners are utilising second charge mortgages to raise money to invest in buy-to-let properties, home improvements, and to consolidate debt. These three contrasting usages highlight the state of the economic sit...

AUTHOR -PROPERTY REPORTER | 8TH JANUARY 2021https://www.propertyreporter.co.uk/property/2021-set-to-be-a-year-of-deadlines-for-the-property-market-but-outlook-remains-positive.html Despite the dust only just beginning to settle from a highly active end to 2020 for the housing industry, there is a lot to take in for 2021 already. The UK’s departure from the EU, vaccine rollouts and a new lockdown, just to name a few. And while the ongoing pandemic...

 WRITTEN BY PROPERTY REPORTER | 4TH JANUARY 2021 On the back of a rollercoaster year for the UK property industry and one of the busiest Christmas periods in a decade, further calls are being made to the government to extend the stamp duty holiday and avoid a devastating economic downturn. According to David Alexander, joint chief executive officer of apropos by DJ Alexander, there are growing signs that the market will soon run out of steam...

  17TH DECEMBER 2020 PROPERTY NEWS, UKBY RYAN BEMBRIDGE   Brexit won’t destabilise the housing market as much was feared before the pandemic, said Kush Rawal, director of residential investment at Metropolitan Thames Valley Housing. While it will have some impact, he felt the impact of covid-19 will dwarf the impact of leaving the EU. Kush Rawal, director of Residential Investment at Metropolitan Thames Valley Housin...