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News
Renters Rights Act and students - common questions
1+ day, 14+ hour ago (684+ words) This piece from rental services provider Housing Hand There are plenty of details for renters to absorb as the Renters Rights Act beds in following its implementation in May. Understanding of the Act’s changes is certainly not as widespread as…...
Ground Rent Cap - backlash and challenges to change
1+ day, 14+ hour ago (354+ words) It is a well-established view that reform of ground rents is long overdue. The scale of the issue explains why the government feels compelled to act: a House of Commons research paper states that there are around 3.8 million leasehold homes…...
Activists accuse Angela Rayner of taking???lobby fee???
3+ day, 10+ hour ago (357+ words) Angry rent control activists have presented Housing Secretary Angela Rayner with a parody cheque as a protest against a fee she got from agents. Rayner received £20,000 from the Propertymark trade body for her two hour appearance at the Propertymark One…...
Hundreds of buy to let properties repossessed by lenders
2+ day, 14+ hour ago (181+ words) Some 630 buy to let mortgaged properties were taken into possession in the second quarter of this year, according to figures released by lenders’ body UK Finance. There were 8,390 BTL mortgages in arrears of 2.5% or more of the outstanding balance in…...
BTL lender woos landlords with reduced rates
2+ day, 14+ hour ago (150+ words) Molo, a specialist mortgage lender serving UK and overseas landlords, has reduced rates by 12 basis-points (bps) across its Standard and Specialist buy-to-let product ranges. The latest reductions provide brokers with more competitive options for a wide range of landlord clients,…...
Unfreezing Local Housing Allowance would NOT increase rent
2+ day, 14+ hour ago (460+ words) New analysis suggests that unfreezing housing benefits would not lead to increasing rents. It comes as ministers consider whether to continue freezing housing benefit rates from April next year. Successive governments have frozen Local Housing Allowance (LHA) rates in an…...
More tenants use AI to create complaint letters - claim
2+ day, 14+ hour ago (115+ words) More tenants use AI to create complaint letters – claim Landlord Today More tenants use AI to create complaint letters â claim A former president of the lettings agentsâ trade body Propertymark is warning of the rise of AI-generated complaints. Greg…...
Council may add 50% to fines if landlords fail to answer a letter
2+ day, 14+ hour ago (254+ words) The council in one of the UK’s most famous cities is asking for views on plans to clamp down on landlords. Bath & North East Somerset council is proposing to toughen its enforcement policies when – in its words – “tenants face serious…...
Investors hit by losses from void commercial units
3+ day, 14+ hour ago (332+ words) Security incidents and property-related problems at vacant commercial buildings have cost landlords almost £50,000 on average over the past year. This was according to a survey of 350 UK commercial property owners. The findings highlight the growing financial burden associated with vacant…...
Rent control activists accuse Angela Rayner of taking???lobby fee???
3+ day, 14+ hour ago (357+ words) Angry rent control activists have presented Housing Secretary Angela Rayner with a parody cheque as a protest against a fee she got from agents. Rayner received £20,000 from the Propertymark trade body for her two hour appearance at the Propertymark One…...