Heat Pumps – a Hot Topic for Landlords Explained
The latest hot topic for landlords is a move to keep homes warm with heat pumps instead of traditional gas, oil or solid fuel boilers and stoves. Business and Energy Secretary Kwasi Kwarteng has confirmed a scheme to offer cash for boilers from next April in a bid to...
Buy to Let Mortgages Hit Lowest Ever Rates
Buy to let mortgages for landlords have sunk to the lowest ever interest rate as lenders try to lure borrowers to their brands. Deal tracker Moneyfacts has counted 2.968 available loan packages for landlords – more than 70 more than when the COVID-19 pandemic started...
Rogue Agent Refuses to Pay £150,000 Rent to Landlord
Refusing to pay a landlord guaranteed rents of £150,000 has seen a mystery letting agent kicked out of a government-approved scheme that polices fair play between property professionals. The landlord complained about a rent-to-rent deal with the agents to the Property...
What To Do If A Property Is Down Valued
Don't pop the champagne and celebrate too soon if you've shaken on the price of a home – a mortgage lender may disagree and it may be down valued. The problem comes when the bank or building society sends out a surveyor who down values or undervalues the property –...
London Rents Rise Slower Than Rest Of UK
While house prices have seen a stamp duty holiday bonanza, rents have hardly moved during the past year. Data from the ONS shows rents are rising – but have stubbornly stuck at the same level since the start of the year. How rents have moved in the past year ONS data...
Coronavirus: Guidance for Landlords and Letting Agents
Stats above are for UK only and refreshed daily. Coronavirus COVID-19 Pandemic Hub for Landlords and Letting Agents For the latest #StayAlert guidance, please see the.gov coronavirus page here. Landlord Specific Guidance Possession Notices...
Labour Sees Red Over Taxing Greedy Landlords
It's party conference time again with Labour seeing red over rich and greedy landlords making money at everyone else's expense. At least, that's how the rhetoric goes. As a warm-up for the main conference, Shadow Chancellor Rachel Reeves and Shadow Housing Secretary...
Fire Safety Act 2021 Passed
The UK Parliament has recently passed the Fire Safety Act 2021 but no commencement date has been announced for England. For Wales, the Act will commence from 1 October 2021 The Fire Safety Act will apply to both England and Wales. One of the primary pieces of fire...
Guild of Landlords House Price Digest – September 2021
As the curtain comes down on the stamp duty holiday, asking prices for homes have reached an all-time high. Strong demand from buyers tempered by a shortage of homes for sale is keeping the market buoyant, according to property portal Rightmove. Although prices only...
£35,000 Bill For Evicting A Rogue Tenant
Evicting a rogue tenant takes at least nine months and costs the average landlord more than £30,000, according to research from a leading letting agent. London letting agents Benham & Reeves claim bad tenants are difficult to evict and leave a trail of damage...
Right to Rent Guidance Updated September 2021
The right to rent guidance "The right to rent checks: A user guide" which is suitable for landlords and tenants in England has once again been updated. There are a lot of changes to this document from the last document that was released in July 2021. The document is...
What the Healthcare Tax Hike Means for Landlords
Most landlords have escaped the national insurance healthcare and social levy hike – but corporate landlords could face a higher tax bill. Landlords do not pay national insurance contributions (NICS) on rents as letting property is considered an investment rather than...
Notice Lengths Return To Pre-Covid Rules (England)
Housing Secretary Robert Jenrick has relaxed eviction rules for landlords in England. From October 1, 2021, the notice lengths switches back to two months. Currently, landlords must give four months notice to tenants. However, the secretary is covering his back by...
Guild of Landlords Rent Digest – August 2021
Rents are stagnating for buy to let landlords, according to the latest official data. Rent Digest – August 2021. Although rents have risen at 1.2 per cent a month since April, the trend is a slow decline, says the Office for National Statistics (ONS). For July, the...
Right to Rent Coronavirus Rules Extended
In England, since 30 March 2020, the right to rent guidance has been amended to allow for checks to be carried out in ways other than face to face. The guidance has been further extended until 31 August 2021 5 April 2022. From 6 April 2022, checks will revert to...
Guild of Landlords House Price Digest – August 2021
Average house prices shot up by 13.2 per cent in the year to the end of June – the fastest growth homeowners have seen since November 2004. House price digest for August 2021. According to official house price data from the Office of National Statistics, the price of...
Best and Worst Cities for Buy to Let
Some cities offer an excellent investment return for landlords – but house prices are so high in some that making a profit is almost impossible. To help property investors pick the best cities for buy to let investment, estate agent Cpoulters Property has analysed...
Is Rent-To-Rent A Good Deal For Landlords?
Many hail rent-to-rent as a great way to build wealth from a property business with no money down and an instant cash flow. But this dream of quick riches for property managers is often a nightmare for the landlords who turn over their properties in return for a...
Tenant Fees Decisions
The Tenant Fees Act has saved tenants nearly £500 million in upfront fees to letting agents and landlords over the past two years — but some property investors are still flouting the law. The law stopped landlords and their agents from asking for extortionate admin...
Guild of Landlords House Price Digest – July 2021
House prices are still rising, according to the latest official data from the Office for National Statistics (ONS). House Price Digest – July 2021 May saw a 9.6 per cent year-on-year increase – just shy of April's figure of 10 per cent. The average home price fell...
Coronavirus Guidance
Landlords Building Insurance
Guild subscribers can get preferential rates for landlords buildings insurance especially designed for landlords
