Landlord News
Pre-emptive Eviction Cases Surge by 16% in Q1 Prior to Section 21 Ban
A 16% increase in eviction cases reaching the courts has been observed, according to an analysis of government statistics by property software company Veco. This…
Landlord News
Landlord News
London’s Mayor Seeks to Curb Short-Term Lets With Licensing Scheme
London’s mayor, Sadiq Khan, has implored the UK government to collaborate with him and local borough councils to implement a licensing scheme for short-term rentals….
Landlord News
Southwark Council Receives Approval for Landmark Landlord Licensing Scheme
Housing Secretary Michael Gove has given his approval to one of the UK’s largest private landlord licensing schemes, proposed by Southwark’s Labour council. This new…
Landlord News
House Prices Show Slight Annual Rise Amid Concerns for UK Property Market’s Future
Despite a minor 1.9% uptick in the average house prices for the year leading up to May, which is down from the previous month’s increase…
Landlord News
UK Interest Rates Forecasted to Rise Yet Again, Despite Dip in Inflation
Despite the recent dip in UK inflation, the Bank of England (BoE) is expected to hike interest rates again next month, according to Nigel Green,…
Landlord News
Resilient Property Market Defies Economic Headwinds, Reveals Propertymark’s June 2023 Report
Despite the current economic climate, market conditions in the UK property sector exhibit no significant shift, as indicated in Propertymark’s Housing Insight Report for June…
Landlord News
Market Leaders Launch Pioneering Law Firm to Revolutionise Landlord Legal Services
Leading UK tenant referencing companies and rent guarantee providers HomeLet, Let Alliance, and Rent4sure are set to transform the landlord legal services sector with the…
Landlord News
House Prices Threatened by a Potential 25% Drop, Says Resolution Foundation
Recent stress tests conducted by the Bank of England have raised concerns about potential financial instability. The results unveiled a worst-case scenario featuring a plunge…
Landlord News
Survey Shows 64% of Buy-to-Let Landlords Plan to Keep Properties Despite Market Challenges
Landbay’s recent quarterly survey reveals that 64% of buy-to-let landlords do not plan to offload any of their properties in the forthcoming year. The strongest…
Landlord News
Foreign Homeowners Hold £84.2bn Worth of Property in England and Wales, Reveals Study
Newly released data from leading London estate and lettings agent, Benham and Reeves, suggests that foreign property owners hold assets worth a staggering £84.2 billion…
Landlord News
Wales Leads in Britain’s HMO Market with Highest Average Rental Yields
Houses in Multiple Occupation (HMOs) in Wales are generating the most substantial yields across Britain, according to data revealed by Paragon Bank. The buy-to-let specialist…
Landlord News
Energy Efficient Homes Hold Value Despite UK Housing Market Slump: RICS Survey
The UK housing market faced a setback in June 2023, with an eight-month low in new buyer enquiries hinting at a reemergence of issues plaguing…
Landlord News
Leeds Building Society Introduces New Buy to Let Range for Limited Company Landlords
Leeds Building Society is expanding its options for landlords with the introduction of a new suite of Buy to Let mortgages, specifically designed for those…
Landlord News
Imminent Steep Decline in House Prices as Mortgage Rates Skyrocket, Warns National Property Association
The National Association of Property Buyers (NAPB) has issued a stark warning: house prices are predicted to drop more steeply due to mortgage rates reaching…
Landlord News
Renters Widen Search Areas as Soaring Rental Values Test Affordability
Nicky Stevenson, managing director of Fine & Country, reports that the continuous annual rise in rental values, particularly during the bustling summer months, shows no…
