Demand for HMOs rising
Half (48%) of landlords have seen growing demand for houses with multiple occupation (HMOs), suggesting that tenants are demanding better amenities.
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London to outperform other Prime cities in 2023
London is expected to see house price growth of 6% in 2023 – the third highest amongst Prime cities, Knight Frank’s Global Prime Forecast has revealed.
Shelter worried about rising Bailiff evictions
Some 3,405 households in the private rented sector were evicted by bailiffs in England between April and June 2022 – rising by 39% on the previous quarter.
Bristol landlords to face new HMO restrictions
Landlords located in in the North of Bristol will need to gain planning permission to convert properties into HMOs.
Sadiq Khan urges landlords to sell properties to councils
London Mayor Sadiq Khan has urged landlords who own former council homes to sell them back to councils, rather than to other private landlords.
Hamptons: Mortgage rate hikes have halved landlords’ profits
Landlords have seen their annual profits halve since the start of the year due to higher mortgage rates, according to analysis from Hamptons estate agent.
London landlord fined £40,000 for failing to provide a kitchen
A landlord in London has been fined after refusing to provide a kitchen for his tenant – forcing the renter to cook in the bedroom.
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Want to buy a house in Wales? You may need to speak the language
Landlords in Welsh-speaking communities may have to prove they speak the language before being able to buy property, as part of the proposed ‘Fair Chance’ scheme.
Lake District experiencing spike in holiday lets
The Lake District has seen the number of holiday lets rise by a third (33%) in a single year, research from Octane Capital has found.
Foundation Home Loans cuts buy-to-let 5-year fix
Foundation Home Loans has reduced its previous five-year fixed rate limited edition buy-to-let product by 0.40%, in what the lender has labelled a ‘summer special’.
