Commercial investments produce an average yield of 10.7% while residential properties offer just 3.7%, new research has claimed. Scotland is home to the highest commercial yield at 20.4%, along with the South West (13.7%), while Scotland is also where investors can find the high
While the cost of renting continues to increase across the UK, the Government continues to grapple with the issue of making renting more accessible and secure, especially for
NRLA calls for urgent government support to address rent arrears and court backlogs, proposing interest-free loans and grants to sustain tenancies.
Especially at a time like this, in the middle of a pandemic, when good commercial tenants are hard to find, landlords dread the time when a lease comes to an end, or their tenant goes into administration. When a commercial landlord loses a tenant, not only do they lose regular r
The government is pouring �13m into a homelessness reduction initiative to fund long-term accommodation for prison leavers in the private rented sector. More than 140 councils across England will share out the cash to pay for landlord incentives and loans for rent deposits, spe
We know that households across the UK will need to adopt a low carbon alternative to traditional heating solutions such as oil, gas, coal or wood burning in the future. Air source or geothermal ground source heat pumps are being touted as just such an alternative to help the UK
During these difficult times many tenants have found themselves in the position of wanting to divest themselves of surplus property, to reduce rental commitments by ending a lease agreement before it full term has expired. Perhaps the only way of doing this from the tenants p
Landlords who own leasehold properties in low and medium-rise apartment blocks affected by the cladding scandal will no longer have to supply an EWS1 form when selling or remortgaging their properties, the government has announced. Thousands of landlords who have been unable to
Spiralling fraud and overpayments in the benefits system now stand at the highest rate ever recorded, admits the Department of Work and Pensions (DWP), as it identifies housing payments as an area of concern. Housing benefit fraud is particularly rife after the pandemic resulted
The private rented sector wont meet new energy efficiency targets unless the government stumps up more cash for any replacement to the Green Homes Grant, it has been claimed. Latest https://www.gov.uk/government/statistics/english-housing-survey-2019-to-2020-private-
Bury Council in Manchester has adopted new measures to fine landlords up to �30,000 if their properties dont meet the recently-introduced electrical safety standards. Although the standards came into force in June 2020, they had not been adopted and implemented by the counci
A commercial landlord whose building was damaged by two fires has been handed an 18-month suspended prison sentence, it has been reported. Wayne Braund, 52, owner of the former Strachan and Henshaw building in Foundry Lane, Bristol (pictured), admitted six fire safety breaches i
Guide to landlord responsibilities for fire-door safety—learn what checks and maintenance are required to keep your property compliant.
Property investor Rod Turner didnt find the thought of having tenants and being a landlord very appealing, but the turning point came in 2014 when he realised the London market wasnt proving positive for developments and that he needed to hold onto properties long term. As
The Court of Appeal has ruled that landlords are able to evict a tenant whose Assured Shorthold Tenancy commenced before 1st October 2015 even if the prescribed paperwork such an EPC or gas safety certificate have not been served. Most solicitors and landlords h
Tragic tenant death underscores landlords' duty to comply with fire safety laws, including smoke alarms, escape routes, and fire-resistant furnishings
Using a SIPP to invest in commercial property is perfectly possible and many business owners include their business premises in their pension pot, say Tom Entwistle.</h4>The Self-invested Personal Pension (SIPP) rules are quite complex so you need professional advice before embark
Official research has found that self-managing landlords are the least prepared when dealing with the legal requirements of the official Right to Rent scheme. It requires landlords of privately rented accommodation to conduct checks on all new tenants to establish if they have a
A leading landlord blogger has slammed Shelter for claiming in its latest press release that landlords are cashing in on higher rents by using Section 21 no fault evictions to repossess their properties. The comments are from http://www.thesecretlandlord.com
Nottingham landlord Mick Roberts battles Barclays over mortgage errors causing bad credit, higher rates, and tenant fallout.
The trade association that represents short-let landlords says the Airbnb economy contributed �27.7 billion to the UK economy during 2021 and has helped create some 500,000 jobs, latest data shows. The UK Short Term Accommodation (https://ukstaa.org/" target="_bl
Large areas of the country will be without vital legal advice to prevent eviction if the government cant get law firms to take part in its Housing Loss Prevention Advice Service, the Law Society has warned. The scheme, which gives free legal aid advice for people facing repos
MPs have slammed the Governments proposed reforms to the private rented sector (PRS) within its looming Renters Reform Bill, calling for Ministers to wake up to its unintended consequences. Their report, published this morning, also makes the point that most tenants are not w
Tenants group Generation Rent has backed the DLUHC select committees call to close a loophole in proposed Section 8 reforms. It says the governments plan to ban Section 21 evictions but still allow landlords to evict tenants when needing to sell or move back into a prop
A government minister has admitted that landlords could quit the market unless upcoming changes to EPC rules are implemented carefully. In a Lords debate to discuss the challenges of achieving net zero, https://www.landlordzone.co.uk/tag/lord-callanan/" target="_blank"
Peterborough plans Article 4 Direction trial to curb smaller HMOs, following Leicester’s expansion of similar controls across more city neighbourhoods
Cash deposits increasingly don’t cover landlords’ claims for rent arrears or damage, according to a new study.
More than half of private renters (55%) reckon a new government should introduce rent controls.
Plaid Cymru has come out in favour of rent controls in the PRS as part of its housing strategy in the party’s manifesto.
The first thing I tell anyone is how important 'evidence' is in both deposit disputes and, now more than ever, monitoring fire safety compliance.
Despite politicians and campaign groups claiming that the nation’s rental market is unaffordable, new research out today reveals that renting remains cheaper on average than buying a property with a 5% deposit.
A tenancy agreement is just like any other contract, so as soon as both tenant and landlord have signed the agreement, it becomes a legally binding contract.
Labour might be no more likely to deliver on promises to overhaul the leasehold system than the Conservatives, according to property experts.
A huge mismatch in the private rented sector has left tenants tackling ever-rising living costs and plummeting affordability levels.
Most portfolio landlords have been asked to make energy efficient improvements by their tenants in the past year, according to a new poll.
Private rented homes will have to meet minimum energy efficiency standards by 2030 if Labour get the keys to Number 10 next month.
Reform UK wants mortgage interest tax relief brought back as part of ‘critical reforms’ suggested by the party following the general election.
The NRLA has stepped in to help fight a legal battle over whether it is acceptable for vital rental documents to be served by post.
Increasing the energy efficiency of a property is undoubtedly of value - regardless of the election outcome.
Landlords could have to start keeping a digital logbook to demonstrate their compliance with energy efficiency measures.
Green MPs will push for rent controls and tenants’ right to demand energy efficiency improvements if they win more seats in the election.
Property expert Julie Ford has called out tenant union Acorn for suggesting the private rented sector should be greatly reduced.
Utilita Homes urges parties to include retrofit support for landlords in their election manifestos.
Groups representing both tenants and landlords have reacted coolly to the Conservative manifesto which was deemed short on new initiatives.
The British Property Federation has called on the next government to set a bold target of 30,000 new build-to-rent homes a year.
The latest data shows that rent increases have been slowing but tenant demand still outstrips supply
The Scottish government has published new evidence that confirms the country’s private rented sector is getting smaller.
A former Conservative councillor has been banned from letting properties for two years after repeatedly failing to comply with improvement notices.
The Liberal Democrats have vowed to make three-year tenancies the default and to require landlords to achieve an EPC C or above by 2028.
mydeposits partners with No Letting Go to enhance inventory management and deposit protection for landlords and agents.
