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Buy to Let Rents Still Stuck in a Rut
Buy to let rents have changed little in the past 12 months, according to the latest official data. Average private rents across the UK were up just 1% year-on-year and remained unchanged between December and January. In England, rents rose by 1.1%, Wales saw growth of...
London Landlords Most Likely to Evict Tenants
Landlords in London are most likely to evict tenants, according to the latest official statistics. Nine out of the top 10 areas with the highest repossession rates are in the capital. The borough with topping the list is Barking and Dagenham, with 257 repossessions at...
Letting Fees Ban Debate Set for Landlords in Wales
The Welsh Assembly has set a date to debate abolishing landlord and letting agent fees. The assembly will thrash out whether to introduce a fees ban on similar terms to the ban that starts in England on June 1. Scotland already has a fees ban in force. The Welsh...
Crooked Letting Agent Jailed for £302,000 Theft
Lettings manager Robert Parker is starting a 38-month jail sentence for stealing more than £300,000 cash spent on his addiction to gambling. Parker. 28, was fuelling his greedy habit paying online bookies up to £50,000 by syphoning money away from the letting agent...
Buy to Let Standards Are Still Lacking
The latest official data paints a big picture of a rosy future for buy to let, but the small details are letting landlords down. Although buy to let now accounts for a fifth of all homes with landlords owning 4.9 million properties and earning an average £15,000 a...
Buy to Let Property Businesses in Numbers
New official data profiles buy to let landlords, their property businesses and how they tick. Every two years, the government publishes the English Housing Survey, that offers landlords and other property professionals detailed information about the property market....
London Mayor Calls for Rent Control
London Mayor Sadiq Khan is urging the government to introduce rent controls for the capital. Although he has no power to stop landlords setting rents how they wish, Khan says his campaign is part of his ‘ongoing work’ to help the city’s 2.4 million private tenants....
Finding Good Tenants Is Problem for Landlords
Sourcing good tenants who look after their homes is the biggest challenge for buy to let landlords. Data from property portal Zoopla shows finding reliable tenants worried 56% of landlords - a shade ahead of the 55% who struggle to find tenants who care for their...
Buy to Let Yields Plunge to 3-Year Low
Buy to let yields for property investors have slumped to a three-year low, according to new data from a leading lender. Yields were 5.6% down year-on-year during the last three months of 2018, says a report from BM Solutions. The lender claims professional landlords...
Buy to Let Investors Chase Missing £68m Paid to Developer
Insolvency experts are warning buy to let landlords to be cautious about staking money against buyer funded developments after investors have lost millions of pounds in failed projects. Hundreds of investors have lost money in the schemes. In one of the latest to go...
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Landlords Building Insurance
Guild subscribers can get discounted landlords buildings insurance especially designed for landlords
