UK house prices rise in March – Nationwide
UK house prices experienced a notable increase in March, with annual growth rising to 2.2% from 1% in February, according to Nationwide’s latest data. The average property price climbed to £277,186, reflecting renewed momentum in the housing market despite ongoing economic uncertainties. March sees renewed house price growth Nationwide’s figures reveal a 0.9% month-on-month rise […]
Landlords selling now are getting better prices. Here’s why timing is everything
Amidst ongoing challenges in the property market, a notable trend is emerging: landlords who are selling now are achieving better prices. This shift is largely driven by strategic timing and changing market dynamics, particularly as the Renters’ Rights Act approaches. Why landlords are choosing to sell Despite widespread concerns about rising costs, increased regulation, and […]
Landlords selling now are getting better prices. Here’s why timing is everything
The UK property market is witnessing a notable shift as landlords increasingly choose to sell their portfolios, achieving better prices than might be expected in the current climate. This trend is driven by impending legislative changes and ongoing operational challenges, making timing a crucial factor for those considering an exit. Strategic Selling Amid Market Changes […]
Plea for government to help ease growing landlord costs
Landlords across the UK are facing mounting financial pressures as borrowing costs rise and new regulatory and tax burdens loom. The National Residential Landlords Association (NRLA) has called on the government to take urgent action to ease these growing costs, warning that without intervention, tenants will bear the brunt of increasing rents. Rising borrowing costs […]
Plea for government to help ease growing landlord costs
Landlords across the UK are facing mounting financial pressures as borrowing costs rise sharply, prompting calls for government intervention to mitigate the impact on both landlords and tenants. The National Residential Landlords Association (NRLA) highlights that average annual mortgage costs for landlords have increased by around £1,100 since January, driven in part by geopolitical tensions […]
Council row almost leaves tenant and child homeless with more tenants to be evicted
A dispute between a landlord and Nottingham City Council over Gas Safety regulations and selective licensing has nearly left a tenant and their child homeless. The landlord, Mick Roberts, has expressed frustration at the council’s handling of housing law, with further tenants now facing eviction notices amid ongoing administrative challenges. Gas Safety Certificate Dispute Mick […]
Council row almost leaves tenant and child homeless with more tenants to be evicted
A dispute involving Nottingham City Council over Gas Safety regulations and selective licensing has nearly left a tenant and their child homeless. The landlord involved, Mick Roberts, has expressed frustration with the council’s handling of housing law, which has also led to more tenants facing eviction notices. Dispute over Gas Safety Certificate Mick Roberts, a […]
Landlord Law Newsround #430
Recent reports highlight significant challenges within the UK private rented sector, from council enforcement failures to court delays and a marked decline in pet-friendly rental properties. These issues have far-reaching implications for landlords, tenants, and local authorities alike. Councils Struggle to Collect Civil Penalty Fines New data reveals that councils in the North West and […]
Landlord Law Newsround #430
As we enter April, recent reports highlight significant challenges and shifts within the private rented sector, from enforcement issues to changing attitudes towards pet-friendly rentals and increasing court delays. These developments carry important implications for landlords and agents navigating the evolving rental landscape. Councils Struggle to Collect Civil Penalty Fines New data reveals a concerning […]
Wales HMO council tax rules to be clarified
The Welsh Government has announced forthcoming changes to the council tax treatment of Houses in Multiple Occupation (HMOs), clarifying that property owners will be responsible for council tax liabilities rather than tenants. This reform aims to align Wales’ approach with that of England, simplifying the system and addressing inconsistencies that have caused operational difficulties for […]
TLA - The Landlord Association