The UK government have announced their intention to extend Covid-19 relief for tenants. The Housing Minister, Christopher Pincher, revealed that people renting in England will continue to be supported with longer notice periods until at least October 2021. The current ‘emergency rules’ were set to expire on the 31st of May.
It is believed that the property market, both globally and in the UK, is driven by the Property Cycle. That is, the property market conforms to a repetitive and historical sequence of events which can be categorised. The Property Cycle is not unique, it ties in with the business cycle, credit cycle and a general […]
The coronavirus pandemic has led to an unprecedented demand for holiday lets. As Europe and the rest of the world continue to battle against rising cases, many would-be holiday goers are looking closer to home for their annual get away. At the top of the list for UK staycations sit coastal towns and villages.
On Wednesday the 28th of April, the House of Lords finally passed the unamended version of the Fire Safety Bill. The Lords voted down amendments aiming to prevent building owners from passing repair costs onto leaseholders and tenants. Once the Bill receives Royal Assent, it will be passed into Law in England and Wales.
The business of investing in property to let in the UK has always been divided in several ways. The question is – Has the Pandemic caused further divisions or has it brought property investors closer together?
Sheffield is the UK city with the best rated landlords, while Derby and Hull were jointly rated as the worst by tenants, according to a new study.
The coronavirus ‘stay-at-home’ instruction led to the temporary closure of office premises across the country. Many workers who abruptly left their office desks following the declaration of the pandemic have embraced working from home for nearly one year.
One of the biggest concerns for many landlords is rent arrears. Some tenants have fallen outside of various Governments schemes to support those who cannot earn at the moment and many landlords are working with them to avoid eviction and to agree payments which those tenants can afford.
Private landlords in Scotland are advised to act reasonably when interacting with tenants who are unable to make rent payments due to the coronavirus pandemic. By working cooperatively to strike an agreement, the interests of both parties can be fulfilled.
ARLA is calling upon the government to implement a support package to help keep the private rental sector afloat. It says if the government doesn’t do something soon, many landlords will have no choice but to launch eviction proceedings against tenants.
During their tenure as a homeowner, borrowers may endure periods of extreme financial strain. This forces them to drastically scale back on outgoings. The largest expense typically being mortgage payments. Classed as an essential investment which not only guarantees shelter but provides life’s necessities. Scrambling to raise funds to fulfil mortgage payments not only has […]
Landlords using the government’s model tenancy contract will now find they are saying “yes” to pets in their rental properties. Changes have been made to the wording of the contract, which removes the previous ‘ban’ on pets in rental homes.
Uncovering the Deterioration of the British High Street The collapse of Thomas Cook was arguably the largest injury endured by the British High Street in 2019. The historically rich tour operator, founded in 1840, entered compulsory liquidation. Eleventh-hour talks failed to rescue the 178-year-old tourism pioneer. 150,000 holidaymakers were stranded overseas, 21,000 jobs lost worldwide […]
The private rental sector has been heavily impacted by Covid-19, but even more changes are afoot in 2021. The types of properties in-demand by tenants, the best locations for landlords, and more, have all been affected by the pandemic. Read on to see how the next 12 months could impact landlords.
Back