It’s all very well for the Government to set ambitious house-building targets – as long as there are sufficient construction workers to actually build them. According to a report by Randstad Construction, Property & Engineering, hitting the Government’s target of building one million new homes by 2020 means creating one million more construction jobs within […]
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UK Private Rental Sector Rental Prices Still Growing Albeit At A Slower Pace Private rental sector (PRS) monthly rental prices have continued to increase across the UK, although price rises have slowed significantly, reaching a new high of £995 (GBP) per month during September, according to new research. The latest HomeLet Rental Index found that […]
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2015 Private Rental Sector Tenancies Are More Than Double 1985 Figures A UK think tank claims that the number of tenants renting private rental sector properties has more than doubled since 1985. According to research conducted by ResPublica, 22% of all UK properties are in the UK private rental sector (PRS), more than double the […]
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LegalforLandlords – New Brand, New Image – Same Great Service! LegalforLandlords are already established as the UK’s market leading specialists in legal, referencing and insurance services for landlords and letting agents and the private rental sector. The original company – Legal4Landlords started back in 2009 as a way to help private rented sector landlords with […]
Read MoreAccording to the latest quarterly index published by Countrywide lettings agency there has been a 6% annual growth in the number of tenants over the age of 50 renting property in the UK private rented sector (PRS). The lettings agency also report that there has been a 7% annual decline in the number of tenants […]
Read MoreHome Ownership Figures Drop Sharply in last 10 years New census figures reveal that the number of private rental sector tenants has doubled, whilst the proportion of people who own their own home has fallen dramatically. The latest figures from the Office of National Statistics (ONS) show that one in five families in England, (1.2 […]
Read MoreIllegal immigrants to be banned from renting property in the UK Private rental sector (PRS) landlords will be risking a fine of £3000 for breaking the law by letting rental property to illegal immigrants without doing proper background checks and comprehensive tenant referencing. The proposal is currently undergoing a seven week consultation process and set to […]
Read MoreA letting agent has been fined £41,200 (GBP) by Watford Magistrates court after they failed to comply with safety regulations and admitted a string of offences at five Houses of Multiple Occupation (HMO’s). It is the first time Welwyn Hatfield Borough Council has prosecuted a letting agent rather than a landlord and the council also said it […]
Read MoreRental Property Seen As Safe Investment There has been a rise in the number of landlords expanding their rental property portfolios over the last three months, according to fresh research by the Association of Residential Letting Agents (ARLA). ARLA questioned its members to find out if landlords are currently increasing their investment in rental properties […]
Read MoreUK landlords are concerned about the impact Universal Credit will have on the private rented sector 70% of landlords who currently let rental property to tenants claiming housing benefits are worried the welfare reforms will have a negative effect on their business, according to the National Landlords Association (NLA). 75% of Landlords with larger […]
Read MoreThe Governments plan to make private rented sector (PRS) and social housing landlords legally responsible for checking the immigration status of all tenant applicants has raised questions on the policy from MP’s. The proposal to make landlords perform immigration checks on tenants and prosecute those who fail to comply has caused outrage among UK PRS landlords, who would […]
Read MoreLandlord Specialists Are Leading The Way In The UK Legal 4 Landlords are an independent company based in the North West of England that has been built to be landlord specialists from the ground up! Started as a small business in 2008, the primary focus was on providing access to the necessary legal services for landlords and letting […]
Read MoreUK Landlords Unaware of Legal Obligations There have been several reports in the national media recently about UK landlords facing prosecution for ignoring their legal responsibilities. The press reports suggest that new, accidental or reluctant landlords are not aware of their full rental property and tenant care responsibilities. There are a number of aspects that […]
Read MoreUK landlords are considered to be service providers, offering their rental property assets as suitable homes for people looking to rent property in the private sector. However, there are times when being a landlord can appear to have a few drawbacks, so we would like to offer landlords a little advice on dealing with some […]
Read MoreSmaller buy to let properties provide property investors and landlords with the best rental yields, says Countrywide Countrywide’s latest research is based on 50,000 buy to let properties across England, Scotland and Wales, and their survey found that the average PRS rental yield for a one bedroom property was 6.8% during the first quarter of 2013. This compares […]
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