Landlords in Brighton are having to re-apply for licensing, where required. Are you aware Brighton offer a discount of £75 per property for being accredited with iHowz? You can take the test for £30 email us if you want more information - info@iHowz.uk
News
Landlords Facing Tough Decisions Amidst Rising Buy-to-Let Mortgage Rates
Writing in the Propert118, David Coughlin advises 'Cut your losses says landlord: Why this month’s mortgage rates are causing landlords to sell' The article can be seen here, and in summary says that recent news has presented mixed signals for landlords deliberating...
Key Bills in the Upcoming King’s Speech: An Overview
The government is gearing up for a packed King's Speech, this Wednesday (17th), with plans for at least 30 bills covering various priorities from Labour's manifesto. Note, there is no announcement of the contents of the King's Speech, as Protocol dictates it is the...
Recovering Damages Beyond the Security Deposit: A Guide for Landlords
Property118 has published a useful article on how to recover legitimate costs from a tenant. It can be see here, and in summary says: When a tenant vacates a rental property, landlords often face the challenge of discovering damages or repair needs that exceed the...
Lloyds Banking Group’s Social Housing Initiative
Overview Lloyds Banking Group, the UK's largest mortgage provider, is set to transform its disused office sites into social housing. This initiative aligns with the bank's strategic shift following the Labour Party's election win, which has heightened focus on...
Analysis of the Residential Market Post-Election
Rightmove has just published their recent Market survey. It can be seen here, and in summary: Current Market Trends Seller Asking Prices Average new seller asking prices have dropped by 0.4% (-£1,617) this month to £373,493. This larger-than-usual July drop...
New Ministry of Housing, Communities & Local Government Welcomes Five New Ministers
In a significant move aimed at reforming the private rented sector (PRS) and addressing housing needs, the newly established Ministry of Housing, Communities & Local Government has appointed five new housing ministers, including a landlord with direct experience...
Current Sentiment and Future Outlook in the Residential Market
The sentiment among surveyors and estate agents about sales volumes has reached its most optimistic level in over two years, according to the June RICS Residential Market Survey. This newfound optimism follows a period of subdued activity leading up to the General...
Factors Contributing to Delays in Property Transactions
Recent research by Propertymark highlights several factors contributing to significant delays in property transactions. The findings indicate a troubling trend, with a steep decline in the percentage of sales progressing from offer to exchange within 12 weeks—from 78%...
Summary of Findings on Social Housing Landlords by the Regulator of Social Housing (RSH)
The Regulator of Social Housing (RSH) recently identified significant issues concerning tenant safety and living conditions across five social housing landlords. These findings highlight the failure of these landlords to meet the new consumer standards introduced by...
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Tenant group claims exodus of landlords could be good for tenants
Generation Rent has commented that landlords leaving the private rental sector could provide an opportunity for...
Key Grants Available to UK Landlords in 2024
Property118 has published an article on the grants available for landlords. It can be seen here, and says that in...
John Lewis to build in Reading
John Lewis is advancing its efforts to become a significant player in the UK's private rental market, submitting a...