Landlord news, features and discussions - Landlord Today
Introducer Today. Transactions to rise but mortgage rates and taxes will dampen growth. Transaction volumes have shown signs of recovery in 2024, with…. Rightmove becomes a bigger player for lenders and brokers. It’s enjoyed a 150% rise …
Landlord mortgage possession claims up again – government …
5 hours ago · Landlord possession actions have shown a general increase since Q2 2021. Within the landlord possession actions, claims have increased across all procedures with accelerated claims down 2%, private landlord claims up 5% and social landlord claims up 3% compared to the same quarter in 2023. In Q3 2024, 36 % or 9,069 of all landlord possession ...
Crisis Point – over 40% of landlords to sell property in coming year
5 hours ago · Despite this trend, across England and Wales 19% of landlords said they sold property over the previous 12 months – more than double the eight per cent who purchased properties over the same period. Over the next 12 months 41% of landlords said they plan to sell at least some rental properties, compared to just six per cent saying they would buy.
Landlords’ lot – soaring costs and confusing legislation
A new report from landlord insurance provider, Simply Business, reveals an uncertain future for the UK rental market, as landlords struggle to navigate an onslaught of confusing legislation and soaring costs. The report, which surveyed nearly 2,000 landlords across the nation, lifts the lid on how landlords are feeling about the year ahead.
Many landlords to hike rents to pay for EPC improvements
3 days ago · Some 42% of landlords intend to make the necessary improvements to bring their impacted properties up to standard. Meanwhile, 24% plan to carry out works at the minimum cost required to comply, and continue to let the property out, and another 14% aim to carry out the works that maximise the long-term value of the property and continue to let it out.
Landlord sentiment hits rock bottom - Landlord Today
The study – involving some 1,500 landlords, letting agents and tenants – found that sentiment across the private rental sector was the worst ever, as a result of “a growing sense of unease and uncertainty about the future of the rental market.”. More than half of letting agents – 54% – now feel pessimistic about the PRS, while 75% ...
Landlord survey reveals tax as biggest pre-Budget fear
A new survey of buy to let landlords has identified their key worries and hopes ahead of today’s Budget and other government changes. Butterfield Mortgages commissioned an independent survey of 501 UK landlords. It revealed that 77% are concerned that the potential tax increases from the new government, such as Capital Gains Tax, could ...
lettings agents’ advice on what it means - Landlord Today
During the King’s Speech on Wednesday 17 July, the UK Government announced that it intended to legislate a new Renters’ Rights Bill. If it passes through Parliament, this could become a significant law that is going to impact the lives of many people who rent their homes. What does the Renters’ Rights Bill mean for me if it becomes law?
Third of tenants unprepared to act quickly in competitive market
1 day ago · One third of renters aren’t able make their move straight away, despite the high level of competition they face, a survey suggests. Some 89% of renters surveyed by the app tlyfe said that when undertaking their search for a property they knew exactly where they wanted to live, whilst 91% had a clear idea on exactly how much they could afford ...
Government must fulfil rental sector safety review – NRLA
The Government must implement the conclusions of the HHSRS review to raise standards in rental accommodation says the National Residential Landlords Association. Commissioned by the previous government to examine the Housing, Health & Safety Rating System (HHSRS) the review wants the government to: Combine some of the hazards to make the system ...