Clarity Needed on Rental Housing Energy Efficiency Measures
A piecemeal approach to rental housing energy efficiency measures risks undermining efforts to improve the energy efficiency of the private rented sector, according to the National Residential Landlords Association (NRLA). The Heat and Buildings Strategy, which was published this week, announced grants of £5,000 will be made available to households to replace gas boilers with systems such […]
A quarter of a century of buy-to-let mortgages
It has been 25 years since buy-to-let mortgages were first launched and in that time the market has seen significant expansion. The UK’s private rented sector (PRS) has almost doubled in size, according to Paragon Bank, expanding from 2.4 million households in 1996 to 4.4 million in England today. It now accounts for some 19 […]
Landlords can attend live event
The National Landlord Investment Show is to return to being a live event this autumn. The shows connect thousands of property professionals throughout the UK and are a focal point for anyone with an interest in buy-to-let or the private rented sector. The return to live events begins at Old Trafford, Manchester, on October 12, […]
High demand for city centre rental properties
Tenants are rushing back to city centres after a pandemic-driven exit, according UK property portal Zoopla. The UK rental market has revved up amidst a sharp rise in demand for city living, driving the highest rate of growth outside London for over a decade. Monthly rents are averaging £790, up from £752 a year ago: […]
Value of Private Rental Sector Grows
The past year has seen a rise in the value of the Private Rented Sector (PRS) in England, Wales and Scotland, according to a recent report. Shawbrook Bank’s the Changing Face of Buy-to-Let has revealed growth of 5.8 per cent, taking the total value of the sector to £1.4 trillion. The report concluded that the Covid-19 pandemic and subsequent government reaction has dramatically re-shaped the market. The Stamp […]
Rental homes need more energy efficiency support
Just five per cent of private rented households have received government help to fund energy efficiency measures despite having the greatest need. Although more of those classed as fuel poor live in the sector, private rented households received only half of the help given to those in the social sector. According to the English Housing Survey, […]
Private rental sector worth £1.4 trillion
The UK’s private rental sector sits at almost £1.4 trillion pounds, according to the latest research by buy-to-let specialist, Sequre Property Investment. Sequre Property Investment compiled data on the number of current private rented dwellings across England, Wales, Scotland and Northern Ireland, before looking at the total value of these rental portfolios based on current property […]
Most tenants are happy in their homes
More than 80 per cent of private renters in England are satisfied with their accommodation according to the latest English Housing Survey. The English Housing Survey (EHS) is a national survey of people’s housing circumstances and the condition and energy efficiency of housing in England. Nearly one in five households in England live in the […]
New Building Safety Bill
The new Building Safety Bill has been published to set out a clear pathway for the future on how residential buildings should be constructed and maintained, according to the government. Housing Secretary Robert Jenrick outlined the next key step in an extensive overhaul to building safety legislation, giving residents more power to hold builders and developers […]
Tenants and Landlords Have Been Collaborating
A continued fall in landlord possession claims took place between April 2020 and March 2021, according to new research produced by the National Residential Landlords Association (NRLA). This latest NRLA research: The Wait of Justice 2021: How Covid Legislation Affected Possession, shows possession claims have dropped significantly since the initial court closures. During the […]