On the floor – the pros and cons of different types of flooring
Hard, soft, tile or laminate – there are so many different kinds of flooring available today that it can be hard for landlords to decide which to go for. Budget is obviously always a major factor and the overall look you are hoping to achieve will also always top your reasons for choosing one product […]
HMRC urged to improve awareness of processes among landlords
The HMRC should improve awareness among landlords about how and when they need to register with HMRC, rather than opt for an alternative plan to change when they register to pay income tax, according to the Chartered Institute of Taxation (CIOT). Currently, a landlord is required to give notice to HMRC of their liability for […]
Strong demand in rental market
Demand for private rented housing remained strong at the end of 2021, according to new data released by the National Residential Landlords Association. A survey of private landlords across England and Wales, conducted in partnership with the research consultancy BVA BDRC, found that 56 per cent reported a rise in demand for privately rented homes in […]
Calls for empty homes to become available as rental stock
A membership body for the property sector has called for action on empty homes during National Empty Homes Week, which runs from February 28 to March 6. Propertymark has written to the Secretary of State for Levelling Up, Housing and Communities demanding action on empty homes to bolster much-needed supply in the private rented sector […]
Almost 230,000 New Private Rented Homes are Needed Every Year
The UK needs almost 230,000 new private rented homes a year to meet government housing targets, according to a new report. The report, by economics consultancy Capital Economics and commissioned by the National Residential Landlords Association, says government targets amount to a need for 340,000 new homes a year by the middle of the decade. […]
Huge growth in buy-to-let sector
The country’s buy-to-let industry has grown substantially in value over the last five years, according to recent research by Octane Capital. The property finance company says the sector has increased by almost £240 billion, due to strong house price growth. Their research estimates there are 5.5 million private rental properties within the UK rental sector […]
New rules for owners of second homes
Changes have been announced that are set to target homeowners who leave properties empty rather than letting them out. Currently, owners of second homes in England are able to avoid paying council tax and can access small business rates relief by simply declaring an intention to let the property out to holidaymakers. This has led […]
Merry Christmas and a Happy New Year!
As another very unusual year draws to a close, we would like to wish all our landlords and tenants, their families and friends, and everyone we have worked with a very Happy Christmas! The pandemic has resulted in a great deal of change for those working in the lettings industry and the past 12 months […]
New Guide to Preventing Property Title Fraud
A new guide to help property owners avoid property title fraud, where ownership can be stolen, has been released. The Fraud Advisory Panel, HM Land Registry and the Law Society of England and Wales say property title fraud can have a devastating impact and, though rare, can lead to people losing their homes. The scam […]
Supply of rental homes not meeting rising demand
New landlords considering letting properties next year will find strong demand for properties as supply is predicted to continue to remain low in 2022. Experts are predicting a continued drought of homes for rent and sale over the coming 12 months, according to the latest survey from the RICS (Royal Institution of Chartered Surveyors) UK […]