Landlord News

Landlord News

Landlord numbers down but portfolio sizes up?

12 September, 20170 Comments
According to new data, the number of landlords has fallen over the past two years despite a rise in supply of homes available to rent – meaning that the typical buy to let investor now has a larger portfolio than ever before. Research from Estate Agents Countrywide estimates that the number of UK landlords peaked
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Right to Rent: Almost a fifth of landlords less likely to let to let to EU nationals

11 September, 20170 Comments
According to a recent survey, almost a fifth of private landlords say they are now less likely to let to EU nationals or individuals from the European Economic Area as a result of the immigration checks they are now expected to make via Right to Rent. Confusion over how landlords will be expected to identify
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Latest Universal Credit Survey reveals rent arrears exceed £6.68 million

30 August, 20170 Comments
A report measuring the impact of Welfare Reform on tenants and landlords in England, reveals the undue stress and hardship individuals are experiencing claiming Universal Credit – where nearly a third of all households living in council and ALMO owned homes were in rent arrears as at the 31st March 2017. Undertaken in May 2017,
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Legionella Awareness Day | 30th August 2017

30 August, 20170 Comments
Reported cases of Legionnaires Disease have increased by 35% this year alone. In England and Wales, 80 people have died from the disease in the last five years, not including those that were left seriously ill or with effects on long-term health. This silent killer is EASILY preventable – Which is why today Tenant Referencing
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Welfare Reform via Universal Credit | New helpline for landlords launches

29 August, 20170 Comments
The Department for Work and Pensions has recently introduced a new helpline for landlords whose Universal Credit tenants will not communicate with them. Private landlords who find themselves unable to obtain the tenants co-operation to get DWP to supply information when it comes to enquiries about major payments, e.g. a direct payments to the landlord,
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Little-known 1925 law forces landlord couple to give tenant cheap rent FOR LIFE

22 August, 20170 Comments
A couple who purchased their neighbour’s house to help him out of financial difficulty have been ordered by a judge to give him a 90 year lease at a fixed rent for the whole term, because of a little known law dating back 92 years. David and Sheila Harding, who purchased the property back in 2001
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As HMRC clamp down on landlords, tax protection insurance demand increases

16 August, 20170 Comments
Newham council believe that HMRC may be losing £200m a year in London alone, after discovering that half of its landlords have failed to register for self – assessment. After the licensing process Newham found it had 50,000 private properties owned by 27,000 separate landlords, the council now understands that 13,000 have failed to register for self-assessment.
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Increase in private tenants looking to protect their deposit from accidental damage charges

15 August, 20170 Comments
As the amount of private landlords deciding to ditch taking deposits increases, Tenant Referencing UK thought it the ideal time to look into why this is and attempt to bridge the gap to enable a smooth tenancy for all parties involved. We caught up with MyDeposits and asked: What does a deposit actually cover a private tenant for?
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