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Sadiq Khan pushes for tougher penalties for landlords over mouldy homes

The London Mayor is calling for tougher sanctions for private landlords who let out mouldy homes in the capital.
Sadiq Khan wants to see rent rebates doubled if landlords fail to fix mouldy and draughty homes in London.

Could UK benefit from New Zealand’s playbook?

Hello, a coalition agreement was signed in New Zealand this week following the recent election.
Here are two highlights:
1) Increase the speed at which mortgage interest deductibility is restored for rental properties with a 60% deduction in 2023/24

More families and older renters downsize as rents soar

The rising cost and scarcity of rental homes have forced thousands of families to downsize and older renters to move to cheaper areas, the BBC has revealed.
It has seen statistics from Dataloft, a consultancy firm, showing that nearly half of the new t…

Councils should do more to investigate ASB complaints

Not only are councils not doing enough to help private rented sector (PRS) landlords deal with anti-social behaviour, but they shouldn’t be pushing that responsibility onto landlords to deal with.
Chris Daniel of Possession Friend, a service tha…

£ for £ remortgage with NO Interest Cover Ratio

In the current market, some landlords are struggling to meet the lender’s requirement for rental income to be 125% – 145% of the mortgage payment. This can leave some stuck on the lenders standard variable rate, a higher rate of interest.

Fed-up BTL landlords look to sell as interest rates rise

The rise of social media has seen self-professed ‘property experts’ offering property investment courses and pricey one-day seminars with promises of becoming ‘financially free’. By that, they mean rich.
But these so-called property gurus charge a heft…

Private rents in Scotland soar by 14.3% in a year

Despite a rent cap, there has been a sharp increase in average rents across all property sizes in Scotland, with the most common size of home in the private rented sector (PRS) – two-bedroom homes – rising by 14.3% in the year to the end of…

The most affordable rental cities in Britain revealed

The major cities that currently have the highest level of affordable homes for tenants that are at or below the current average rent have been revealed.
A new study by Zero Deposit, the tenancy deposit alternative, looked at the average rent in 15 majo…

Government’s pledge to build homes for rough sleepers

The government has announced more than £150 million in funding to tackle rough sleeping, allocating the funds towards building or buying more than 1,200 homes for people at risk of homelessness.
As part of the government’s Single Homelessness Accommoda…

Is £250 ground rent increase an issue?

Hello, one of my leasehold flats just had a Ground Rent increase which takes it over £250.
I’ve heard that ‘lenders’ do not like it when GR passes £250 and, when/if selling this may cause problems for future purchasers to get mortgages.

PRS needs stable leadership, says NRLA chief

The private rented sector (PRS) deserves more consistent and effective leadership from the government, rather than being a political pawn, says the chief executive of the National Residential Landlords Association (NRLA), Ben Beadle.
He made the claim …

Service charge/maintenance fee?

Hello, recently I extended my lease, after that my freeholder wanted to charge me £100 for maintenance/ service charge yearly.
However, according to my lease, there is no clause saying that I need to pay this £100, therefore I refused to pay this.

Student lets in Northern Ireland?

Hello, does anyone let student houses in NI? I’m looking at it from a student/tenant view to see what the differences are to England and what the ‘norm’ is in regard to what the landlord needs to provide gas cert.

UK renters face record-breaking rent rises until 2025

The UK’s private rented sector (PRS) is set to experience unprecedented rent growth in the next few years because the pandemic has created a mismatch between supply and demand, according to a new report by Savills.
The real estate firm predicts t…

UK rents soar by over a third above inflation in a year

UK renters are feeling the pinch as rents rose by more than a third above inflation in the past year, according to new data.
The Deposit Protection Service (The DPS) tracks the average monthly rent and it found that rents reached £1,121.46 in Q3 2023

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