The UK’s private rental sector will continue to grow because there is a shortage of affordable property leaving many people with little option but to live in rental accommodation, according to a report. The findings come from research carried out by insurance specialists Cover4LetProperty which found that 28% of adults […]
Landlords stump up £4.5 billion in property damage repairs
Thousands of landlords in the UK are left out of pocket when a tenancy comes to an end with figures suggesting that the total repair bill for private rented homes is a shocking £4.5 billion a year. That’s the result of research by the Tenancy Deposit Scheme (TDS) who say […]
BTL landlords ‘don’t assess true costs’
The boom in the buy to let sector is seeing growing numbers of landlords not assessing properly the true cost of their outgoings, says one BTL specialist firm. According to Platinum Property Partners, this means the landlords have no idea about whether a property investment will be profitable or not. […]
100 buy to let homes raided by council hit squads
Enforcement squads and police have blitzed 100 rogue landlords in a week in a tough crackdown on an ambitious licensing scheme for 35,000 buy to lets.
Rents are rising – but not as fast as everyone believes
Talk of booming rents rocketing out-of-control and beyond the reach of tenants are just not true, according to research by the British Property Federation (BPF).
Buy to let doubles in 10 years
The number of people privately renting a home has nearly doubled in the past decade, according to the latest government census data.
GREEN DEAL: (PRS) PRIVATE RENTED SECTOR
Traditionally within the private rented sector a landlord would fit the bill for any energy efficiency improvements carried out within or on the property. It is the tenants however that go on to make the savings from the reduced energy bills. The Green Deal scheme is working to bridge this […]
