The National Landlords’ Association (NLA) has revealed that 47% of landlords will be hit when the annual wear and tear allowance is removed from next year. The move was announced by the Chancellor, George Osborne, in his latest Budget for the allowance to be removed and instead landlords will have […]
Landlords struggling to find BTL finance
The market place for buy to let finance has rocketed in recent months with more than 900 financial products available but a growing number of landlords are struggling to access the market, claims research. A study has been undertaken by online agent Property Let By Us and, the firm says, […]
Landlords warned on buy to let insurance
Landlords are being warned to carefully review their buy to let insurance policies as rents have risen by 2.5% last year to June to underline the growing popularity of buy to let as an investment. The warning comes from Paymentshield who say that landlords, particularly those who are new to […]
Rents rocket in four years by 18%
The cost of renting a home in the UK is rocketing with prices up by a fifth in London since 2011, according to new figures. Tenants in London have seen their rents grow at twice the national average and rents are now rising at their fastest for two years. The […]
Rent increases planned by two-thirds of landlords
A survey by the Residential Landlords Association (RLA) has revealed that 65% of landlords questioned are considering increasing their rents as a result of the budget. The findings contradict the government’s case that the changes to the way landlords are taxed will not lead to a rent increase. In his […]
Tenants unsure of their responsibilities
Research has revealed that there is a lot of confusion between landlords and tenants about who is responsible for what under a tenancy agreement. The survey by MakeItCheaper.com found that 43% of tenants were unsure of their responsibilities. Indeed, 11% of tenants said they knew more about the responsibilities within […]
Property damage affects “400,000 landlords”
According to the National Landlord’s Association (NLA), around 400,000 landlords have had tenants damage their property in the last year. That’s around 29% of all UK landlords and, the NLA claims, around 120,000 landlords or 8% have had to make an insurance claim as a result. This means that the […]
UK’s landlords warned over incomplete inventories
Landlords are being warned by the Association of Independent Inventory Clerks (AIIC) that incomplete inventories are costing their tenants thousands of pounds. That’s because items listed in a property inventory have gone missing during a tenancy but growing numbers of tenants dispute this. The issue is being highlighted as landlords […]
Heavy rains, flooding, water damage: how to make an insurance claim and ensure a quick settlement
With the downpour of heavy rains, a cold snap on its way and a barrage of flood alerts expected, it’s important to make sure that you are prepared if your property is affected by these conditions, and you need to make an insurance claim. Even if you don’t live in […]
Keep an eye out for mould over the winter
Mould in rented properties is usually caused by condensation as tenants are less likely to open windows during cold weather, mould is a particular threat during the winter as a lack of ventilation will lead to increased condensation, while the improved energy efficiency of modern properties makes it more difficult […]
