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Lockdown Rents Rise as Tenant Demand Evaporates
Lockdown buy to let rents have continued to grow on trend, according to the latest official figures. Private renters saw the cost of a new home rise by 1.5% in the year to the end of April and 1.4% between March and April, says the Office of National Statistics. In...
Mortgage Holiday and Eviction Ban May Run an Extra Three Months
Buy to let mortgage holidays and a ban on tenant evictions may stretch for another three months as the country slowly recovers from the coronavirus pandemic. Chancellor Rishi Sunak is reportedly considering the moves after already extending grants to employers with...
House Price Gloom for Sellers, but Delight for Buyers
Property experts are predicting an immediate future for the housing market shrouded in gloom and doom as the coronavirus lockdown lifts.. Researchers and analysts let loose with data clearly have no idea where prices will end up. The depth of how far the market is...
Should Landlords Take a Buy-to-Let Mortgage Holiday?
Many landlords struggling with their finances are worried that if they take a mortgage holiday, their credit score will worsen. UK Finance, the trade body for home and buy to let mortgage lenders, says the brakes are on 1.6 million loans due to the coronavirus...
Left Wants to Scrap Rents and Cancel Arrears for Tenants
Labour and left-wing lobby groups campaigning for renters claim an avalanche of evictions is on the way when the coronavirus lockdown ends. During the pandemic, Housing Secretary Robert Jenrick has stepped in to ban evicting private tenants for any reason for three...
Coronavirus Lockdown Rules Now Allow Viewings
Coronavirus Lockdown Rules Now Allow Viewings The The Health Protection (Coronavirus, Restrictions) (England) Regulations 2020 which are the lockdown rules have been amended with effect from today. Before today, a person could travel to a place of work (e.g. to a...
Countdown to New Tenant Fee Ban Rules Has Started
Landlords have less than a month to ready for yet another letting law change. On June 1, the Tenants Fees Act extends to cover all existing buy to let and shared house tenancies and licences in England, including student rentals. The law already bans landlords and...
Holiday Let Grants Are Not Tax Avoidance for Wealthy Investors
The rules about second homeowners claiming coronavirus rescue cash for their self-catering businesses seem to be causing some confusion. Councils across England and Wales claim property owners are soaking up millions of pounds in cash designed to prop up small...
Coronavirus Crisis – Property News You May Have Missed
With the coronavirus crisis dominating the headlines, here’s a round up of some property news for landlords that you may have missed. No easing of gas safety rules Housing minister Chris Pincher has made clear that landlords should continue to carry out gas safety...
Billions Tied Up in Suspended Funds as No One Knows Property Values
Property funds have taken a pasting during the coronavirus lockdown with thousands of investors unable to access hundreds of millions of pounds. Some ‘too big to fail’ funds have suspended payments to investors who want to withdraw their cash. The root of the problem...
Coronavirus Guidance
Landlords Building Insurance
Guild subscribers can get discounted landlords buildings insurance especially designed for landlords
