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News

London’s rental market sees rents remain flat but demand rise

Tenant demand for rented homes in London grew by 9% last month, compared to February, according to Foxtons.
The lettings agent highlights that renter demand has fallen 14% year-on-year as the market returns to more typical trends.

Renters borrowing more to pay for deposits

A growing proportion of renters in the UK are having to borrow money to pay their rental deposit, research reveals.
The findings from Reposit found that 38% of renters are turning to credit cards, personal loans, overdrafts, or friends and family.

What happens to the subtenants when my contract with the housing association ends?

Hi, I bought a 5-flat property last year and it’s being sublet and managed by a housing association (this was the case before I bought it too). The housing association has a secure tenancy with the subtenants.
We gave the housing association their 10-m…

The Lettings Industry Council calls for collaboration to solve the housing crisis

The Lettings Industry Council (TLIC) is urging a new approach to tackle the housing crisis in England.
It argues that the current method, with separate policies for different housing sectors, has failed.
In a new briefing

Renting linked to ‘lower quality of life and more stress’

Renting may negatively impact a person’s overall well-being as tenants experience a lower quality of life, higher stress levels, and less hope for the future compared to homeowners, a survey reveals.
The research from Zero Deposit, comes after 1,…

How can housing associations ensure rent payments amid DWP challenges?

Hi, I work for a housing association and last year managed to attach a managed payment to landlord (MPTL) for tenants self rent. Their majority of rent is paid by Housing benefit, but the tenants pay the remaining rent for ineligible charges

Property firm calls for EPC assessor accreditation overhaul

A leading property firm is urging the industry to adopt stricter accreditation for Energy Performance Certificate (EPC) assessors after repeated encounters with inaccurate EPC ratings that significantly differed upon reassessment.
The call from Re:volv…

BTL market shows signs of stability after months of decline

The buy to let mortgage market appears to be stabilising after a period of significant product reduction, according to new data.
The research from Moneyfactscompare.co.uk found that while the increase is modest – just 39 deals – it follows …

Tenant evictions surge as rent reforms backfire

Tenant evictions are on the rise as landlords look to avoid the imposition of the Renters (Reform) Bill which will abolish Section 21 ‘no-fault’ evictions, the Daily Telegraph reveals.
The newspaper has analysed the number of property repos…

Landlords and tenants see prime rental market entering a new phase

London’s prime residential rents have seen a significant slowdown after three years of record growth, Savills’ says.
The firm’s associate director of residential research, Jessica Tomlinson, says: “Over the course of 2021, 2022 …

Londoners shoulder most of the UK’s £3.6 billion stamp duty burden

Londoners are feeling the squeeze of Stamp Duty Land Tax the most as they fork out 40.7% of the national total, research reveals.
According to a study by Benham and Reeves, over the past year, an estimated £3.657 billion has been paid in stamp duty acr…

Londoners shoulder most of the UK’s £3.6 billion stamp duty burden

Londoners are feeling the squeeze of Stamp Duty Land Tax the most as they fork out 40.7% of the national total, research reveals.
According to a study by Benham and Reeves, over the past year, an estimated £3.657 billion has been paid in stamp duty acr…

What’s best for your retirement, BTL or pension?

Hello, buy to let was seen as the ideal ‘pension’ investment for those who didn’t have the luxury of a gold-plated public sector or final salary pension. But with landlords now struggling to make a profit, and actually losing money on…

What’s best for your retirement, BTL or pension?

Hello, buy to let was seen as the ideal ‘pension’ investment for those who didn’t have the luxury of a gold-plated public sector or final salary pension. But with landlords now struggling to make a profit, and actually losing money on…

New ‘Good Landlording’ podcast – out now

A new podcast has been launched to help landlords stay up to date with what’s happening in our industry.
It’s different from other property podcasts in that it is more focused on practical tips to help landlords start

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01603 741900
info@gracecharlesinvestments.com