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Court case provides welcome clarity on repossession notices

The Court of Appeal has today sided with private landlords in a case which threatened the way they could repossess properties. The case of Trecarrell v Rouncefield centred on the relationship between Section 21 notices and gas safety certificates. The landlord, Trecarrell House Limited, was initially granted an order to repossess the property using Section […]

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Barclays broadens Residential and buy-to-let ranges

Barclays broadens Residential and buy-to-let ranges Barclays has presented a variety of brand-new residential and also buy-to-let items, along with decreasing existing item rates within its arrays. The Financial institution is introducing new and decreased prices at 60% and 75% LTV in addition to presenting new Aid to Buy items and a new buy-to-let portfolio

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Private rents in England hit a record high during coronavirus lockdown

Private rents in England hit a record high during coronavirus lockdown Private-sector rents in England hit a record high of ₤700 a month just as the country was heading into coronavirus lockdown, according to numbers from the Workplace for National Data (ONS).The typical rental fee was highest possible in London, at ₤ 1,425 a month, …

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The post Private rents in England hit a record high during coronavirus lockdown appeared first on GuaranteedRental.org.

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Private rents in England hit a record high during coronavirus lockdown

Private rents in England hit a record high during coronavirus lockdown Private-sector rents in England hit a record high of ₤700 a month just as the country was heading into coronavirus lockdown, according to numbers from the Workplace for National Data (ONS).The typical rental fee was highest possible in London, at ₤ 1,425 a month,

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Housing market rebound “off the scale” says Zoopla as sales increase by 137%

Housing market rebound “off the scale” says Zoopla as sales increase by 137% Bottled-up demand for homes adhering to the UK large lockdown has actually caused an unprecedented rebound in new sales agreed, with numbers close to very early March levels. The most recent data and analysis from Zoopla have actually exposed that the reduced …

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The post Housing market rebound “off the scale” says Zoopla as sales increase by 137% appeared first on GuaranteedRental.org.

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Buy-to-let a solid investment compared to commercial

Buy-to-let a solid investment compared to commercial Buy-to-let is currently a stable financial investment selection compared to business, providing a typical yield of 5%, research study from Sourced Capital shows. The peer-to-peer borrowing system checked out the ordinary yearly return on ₤ 500,000 throughout buy-to-let and business markets– a normal buy-to-let would certainly return you

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Today in politics: capital gains, MPs questions and benefits

Today we look at new research from Hamptons, showing the average landlord’s capital gain on a property sale is £78,000. MPs have had questions answered on ongoing protection for vulnerable tenants, the Commons Library has published a paper on Capital Gains Tax and a new official report has found gaps in the government’s support for […]

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NRLA quoted by housing minister on section 21 call

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Housing Minister, Christopher Pincher MP quoted the NRLA when confirming the government would NOT be rushing through legislation to abolish section 21. Rupa Huq MP (Labour, Ealing Central and Acton) called on the Government to bring forward “immediately” its plans to end Section 21 repossessions during oral questions to ministers at MHCLG this afternoon. The Minister […]

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Evictions ban fails victims of abuse

Extending the ban on evictions in rented housing will compound the suffering of victims of domestic violence and anti-social behaviour says the NRLA. As a result of the decision by the government to prevent any evictions taking place until the end of August, landlords are powerless to take action against tenants committing domestic abuse or […]

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Today in politics: RICS figures, shared accommodation rate, quarantine plans and Universal Credit

We look at the latest figures from RICS, funding for vulnerable tenants, government quarantine plans and Universal Credit. RICS Predict rents will fall RICS has published its latest Residential Market Survey for May 2020. It says: “In the lettings market, tenant demand was down over the month according to a net balance of -12% of respondents (non-seasonally […]

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