Lettings

The latest Statistical Briefing from The Dispute Service – which uses data from the Tenancy Deposit Scheme, SafeDeposits Scotland and TDS Northern Ireland – has highlighted the top three reasons for deposit disputes across the UK during 2021-2022.

Rules have changed for landlords over the past few years. Increased legislation, new tax laws and the cost-of-living crisis putting strains on tenants being able to pay their rent (this isn’t a criticism of tenants who find themselves struggling in these times, just a reality of what we are all currently facing).

From the 1st October in England and the 1st December in Wales, there are regulatory changes around smoke detectors and fire alarms that all landlords will need to implement with immediate effect, as there will be no ‘grace’ period and fines can be issued from day one.

Lending experts have noted that landlords are increasingly considering new build homes for their next buy-to-let, as they tick so many boxes when it comes to changing regulations. Here are three reasons why buy-to-let and new build can go hand in hand:-

Are you a landlord and are looking at ways to maximise your rental income?

Perhaps you are considering your first property investment.

What you think Generation Z want from a rental property and what they would actually like may surprise landlords hoping to target students, recent graduates and young professionals. A new survey of more than 2,500 people aged between 16-25, featured in an article published by PBSA News, set out to establish what was important to them in a rented home.

Do you currently own rental properties? Are you thinking of buying your first?
Here are a few things you need to know that COULD happen if you get a bad tenant… And more importantly, how you can avoid that in the first instance.

Being a landlord is about running a profitable investment, but for some, it is becoming harder to protect margins and generate a meaningful income. Now is a good time to examine your landlord status  – is it best to be a private operator or a limited company?

If you follow politics, you’ll know it’s a case of ‘all change’ at the Conservative party. While the headline news is the resignation of our Prime Minister and the voting-in of a new leader, there was a reshuffling within the lower ranks that may have an effect on the property market.

You’ve found your perfect new home. CONGRATULATIONS! It’s the right size, location and just waiting for you to put your stamp on it to make it your own.

But is there something you have missed……?

After years of delays and deliberations, the Renters’ Reform Bill has finally been crystalised in its associated White Paper. Titled the Fairer Private Rented Sector White Paper: a new deal for renting, the contents will soon become law and shape the way lettings is run.

Even mortgage lenders have their part to play in our quest to achieve net zero carbon emissions by 2050. The Government has asked banks and building societies to encourage the purchase of eco-efficient properties by offering buyers advantageous products billed as ‘green mortgages’.