Available housing stock plunges 40%
Available Housing Stock Falls by 40% in 2021 Summary: The supply of available housing stock in the UK has decreased sharply by 40% this year, according to Propertymark. This significant reduction has implications for landlords and agents, affecting market dynamics and rental opportunities. Sharp Decline in Housing Stock Recent data from Propertymark reveals a dramatic […]
44% jump in elderly renters
Significant Increase in Elderly Renters Presents Challenges for Landlords The National Residential Landlords Association (NRLA) has reported a 44% rise in the number of elderly tenants renting privately. This demographic shift requires landlords to adapt their approach to meet the specific needs of older renters. Rising Numbers of Elderly Renters Recent data from the NRLA […]
Housing stock shortage
Housing Stock Shortage Set to Persist Throughout 2021 The ongoing shortage of housing stock in the UK continues to impact affordability and availability across the property market. Industry experts highlight that this imbalance between supply and demand is unlikely to be resolved within the current year due to persistent policy gaps and economic pressures. Current […]
Leasehold Reform (Ground Rent) Bill 2021-22
Leasehold Reform (Ground Rent) Bill 2021-22: What Landlords Need to Know Summary: The Leasehold Reform (Ground Rent) Bill 2021-22 introduces a significant change by capping ground rents on most new long residential leases to a nominal peppercorn rent. This reform aims to reduce financial burdens on leaseholders and promote fairness in the residential property market. […]
House prices are likely to keep rising
House Prices Are Likely to Keep Rising Summary: Current record-low mortgage rates are expected to continue supporting upward pressure on house prices across the UK. For landlords and property professionals, understanding these trends is crucial as they influence rental demand, investment returns, and tenant affordability. Low Mortgage Rates Driving House Price Growth Mortgage rates in […]
Shortage of sub £1000 rentals in UK
Shortage of Rental Properties Under £1,000 per Month in the UK Summary: There is a growing shortage of rental properties available for under £1,000 per month across the UK, making it increasingly difficult for tenants on modest budgets to find affordable accommodation. This trend has significant implications for landlords and agents, particularly in popular rental […]
Interest rates to stay high for longer landlords warned
Interest Rates to Remain High for an Extended Period, Warns BoE Governor Summary: Andrew Bailey, Governor of the Bank of England, has cautioned landlords that interest rates are expected to stay elevated for longer than previously anticipated. This sustained period of higher borrowing costs may impact rental yields and require landlords to reassess their financial […]
When are interest rates going to fall?
When Are Interest Rates Expected to Fall? Summary: Interest rates have begun to show signs of a gradual decline, but the timing of a significant fall remains uncertain. For landlords and property investors, this means that while borrowing costs may ease in the future, higher purchase prices could offset these savings. Current Trends in Interest […]
Understanding the Modern Eviction Framework
Summary: The eviction process in England has undergone significant reform with the abolition of Section 21 “no-fault” evictions and the introduction of the Renters’ Rights Bill. Landlords must now follow stricter, clearly defined legal grounds under Section 8 to regain possession of their properties, requiring careful adherence to notice periods, documentation, and court procedures. Understanding […]
Landlord Licensing Maze in England and Wales
Landlord Licensing Maze in England and Wales Landlord licensing in England and Wales is a crucial aspect of property management that landlords must understand to ensure compliance and avoid penalties. Navigating the various licensing schemes set by local authorities helps landlords maintain professional standards and protect their investments. Understanding the Landlord Licensing Maze Landlord licensing […]
The Landlord Association (TLA)