Writing in Property118, Julie Ford has reminded landlords about the importance of getting adverts correct. The original can be seen here, and says: Ensuring Attractive and Compliant Property Listings for Landlords Creating an appealing and compliant property listing...
Key Developments: MUFBs for First-Time Landlords: Expansion: Shawbrook Bank now allows first-time landlords to acquire Multi-Unit Freehold Blocks (MUFBs) up to six units. Objective: This move aims to support new market entrants in building diverse property portfolios,...
The Conversation has published a piece outlining why they believe Labour will struggle to implement their policy of banning bidding wars. It can be seen here, and in summary: Policy Overview: Labour proposes to ban "bidding wars" in the private rented sector to...
Kier Starmer had a heated interview with Nick Campbell on BBC Radio Live. You can listen to the exchange by clicking here and listening from 33:45, the key points of which are: Landlords and Rent Increases: Keir Starmer acknowledged that "not all landlords are evil."...
The Nationwide House Price Index released this morning has revealed that house prices grew by 0.2% month on month in June. Overall Market Trends: Annual Growth: UK house prices increased by 1.5% compared to June 2023. Monthly Growth: Prices rose by 0.2% from May 2024....
HMRC has just released the property transactions for May. They can be seen here, and in summary: Residential Transactions: Seasonally Adjusted: May 2024 saw 91,290 transactions, a 17% increase from May 2023 and a 2% increase from April 2024, marking the fifth...
Rightmove has highlighted a significant issue in the UK's housing stock, revealing that more than 18 million homes have an Energy Performance Certificate (EPC) rating of D or below. This represents over half (55%) of all homes in the UK. Key Findings from Rightmove's...
The latest survey by Landbay reveals a shift in landlord sentiment, indicating a decrease in negativity about the prospects of their buy-to-let businesses and investments. According to the survey, 27% of landlords currently feel negative about their business, a...
The upcoming General Election has significant implications for the rental market and housing policies. Historical data indicates that rent prices tend to rise by an average of 1.96% in the 12 months following a General Election. This trend is more pronounced under...
In a recent survey conducted by the lettings agency OpenRent, it was revealed that only 31.8% of landlords support the Conservative Party in the upcoming election, marking a significant shift from the traditionally strong backing the party has received from the...
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The consultation by Reading Council on HMO and Selective Licensing. The last date to participate is this Thursday...
Labour is pushing forward with plans to implement stricter regulations on short-term holiday lets, following a trend...
Writing in Property118, Julie Ford has written an excellent article on the matters landlords should consider regarding...