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Category: Property News

uk’s-first-citywide-selective-scheme-launch-‘a-success’-claims-council

UK’s First Citywide Selective Scheme Launch ‘a Success’ Claims Council

December 21, 2022
Property News Room News
Oxford City Council is hailing its UK-first whole-city selective licensing scheme a likely success after it received more than 10,000 early applications – thousands more than expected. The only scheme…
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Is Yours One Of Them? 64% Of PRS Properties ‘will Not Reach Minimum EPC In Time’

December 20, 2022
Property News Room News
Nearly two-thirds of private rental properties won’t reach proposed minimum EPC levels, according to new research. Data compiled for property data platform LandTech shows that 64% of private rental properties…
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COST RISES: Portfolio Landlord Says Expenses Now Eat Up 32% Of His Rent

December 19, 2022
Property News Room News
Analysis by portfolio landlord Open Property Group has revealed that it pays out 32% of its gross rent each month in rental property expenses. Using Hammock software, the company studied…
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Campaigners Claim Letting Agents ‘egging On’ Landlords To Raise Rents

December 16, 2022December 18, 2022
Property News Room News
Renters groups have blamed letting agents for encouraging private landlords to raise rents to unacceptable levels to help boost their revenues. In a Generation Rent survey of more than 1,000…
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REACTION: BoE Interest Rate Rises 0.5%, But Will It Drive Up Mortgage Costs?

December 15, 2022
Property News Room News
The Bank of England has raised interest rates by 0.5%, taking the base rate to 3.5% and heralding a rise in many landlords’ buy-to-let mortgage repayments. Following the latest meeting of…
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NEW: Minister Reveals More Detail On Looming Holiday Lets Registration Scheme

December 14, 2022
Property News Room News
The government has announced its new registration scheme for short lets will launch next autumn, scotching opposition MPs’ repeated calls for a licensing scheme. During the latest Commons debate about…
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LATEST: Number Of Licensing Schemes And Fines Increased During 2022, Data Shows

December 13, 2022
Property News Room News
A record 525 landlord licensing schemes are expected to be live in England and Wales by next summer, with about 20 more active schemes compared to this month. Licensing compliance…
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LATEST: Government Appears To Confirm ‘biggest Change To Tenancy Law In A Generation’

December 12, 2022
Property News Room News
The Government appears to have confirmed that it will get rid of both Assured Periodic Tenancies and fixed-term tenancies in favour of a single, universal ‘periodic tenancy’. This was originally…
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Rental Stock Shortage To Give Rogue Landlords ‘free Rein’ Warns Buy-To-Let Firm

December 10, 2022December 11, 2022
Property News Room News
Landlords’ increasing power and a dearth of rental homes is likely to give rogue operators free rein, according to a snap poll by GetGround. Half of those quizzed have seen…
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BLOG: This Is What Many Private Landlords Will Soon Be Competing With In Cities

December 9, 2022
Property News Room News
A couple of weeks ago I was invited by the owners of a build-to-rent development in Wembley to see at first-hand what this emerging kind of rental property looks like…
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