A quarter of landlords are now looking to reduce their portfolios

As the old saying goes – be careful what you wish for. The government wished to tilt the housing market towards first-time buyers and away from buy-to-let investors and that is exactly what they did. The problem is that, for a number of reasons, demand for property to rent is […]

How the Tenant Fees Act affects UK landlords

From June 1st, 2019, the Tenant Fees Act comes into force, in England. For landlords who use agents, it is important to understand the implications, as one possible outcome is that agents could increase fees elsewhere. Andrew Turner, chief executive at Commercial Trust Limited, looks at the issues that landlords […]

The Rise of Student Accommodation

The demand for purpose built student accommodation (known as PBSA) is growing, so much so that the number of student bed spaces due to be built for the 2019/20 academic year is 25% higher than last year totalling 29,000 beds. Why the demand? Student numbers are rising, 561,420 people applied to start a course in […]

Buy to let changes for 2019

As 2018 draws to an end, there has been much to reflect upon in the buy to let market. There is plenty for landlords to ponder heading into 2019, as Andrew Turner, chief executive at specialist buy to let broker, Commercial Trust, explores. An evolving market The past couple of […]

Councils struggling to enforce government’s HMO legislation

Government plans to protect tenants from poor living conditions through the expansion of mandatory HMO licensing look set to fall way short of their ambition. Figures obtained by Simple Landlords Insurance reveal the majority of local authorities don’t know how many unlicensed HMOs are in their area – let alone […]

Bootle voted the best place for buy-to-let landlords in the UK

Tax changes and the removal of mortgage interest relief have coerced landlords into becoming slaves to the property market as yields plummet. However, recent studies show that Bootle, Merseyside was the best place for landlords in the UK due to the boroughs rental values and yields. The North and The […]

Landlords face up to 17 week wait to evict problem tenants

It takes an average of 118 days for court-appointed bailiffs to remove tenants from private landlords’ properties after bringing a claim to court. Landlords in London are the most likely to have to evict, while those in the South West, North East and West Midlands were least likely to have […]

Three creative measures to increase the UK housing supply

The political fallout from Brexit continues. The resignation of two high-profile ministers this week has brought into question Theresa May’s ability to effectively manage the UK’s withdrawal from the EU, which is scheduled to happen in March 2019. Moreover, a cabinet reshuffle has also resulted in the appointment of a […]

Landlords in need of 2020 vision for energy efficiency rules

In April 2018, buy-to-let landlords were required to meet new Minimum Energy Efficiency Standards (MEES) with a minimum rating of E, before they could rent out property, unless the building qualified as exempt. However, whilst 2018 heralded an initial change in the rules regarding energy efficiency standards, the bigger picture […]