Landlord Insider

House prices could be set to fall by as much as 5 percent over the next two years as inflation and rising interest rates begin to take their toll. Capital Economics, a leading independent economic research firm, is now forecasting that house prices will l drop by 4 percent overall by the end of 2024. In contrast to recent reports by Knight Frank and Halifax, which suggest that prices could rise by a more moderate 0-2 percent in 2023, Capital Economics now expects house prices to fall by 3 percent in 2023 and a further 1.8 percent in 2024. 

So, you’ve got a rental property that’s in need of tenants. The first question on your mind is probably where are you going to find them? 

On 13^th April the Public Accounts Committee published its 49^th  report of 21-22 Session – Regulation of private renting.  It’s important to keep an eye on these reports because they often lead to more legislation and it’s good to have an early warning. This report is very upfront, as can be seen from the title, and therefore we must try to anticipate the outcome. 

There is a long-held misconception that renting out property is a passive investment. But, like everything else, property management became more complicated quite quickly. Like any other investment, property has to be carefully managed if you want to get the most out of it.  

The UK’s private rental sector can be a minefield of regulations andd compliance requirements. For new landlords especially, navigating these requirements can be a daunting task. To help, Landlord Vision have put together a list of the 7 key compliance requirements that all landlords should know: