Landlord
New information matrix from TDS and ARLA aims to simplify tenant fees ban
By Rent Guarantor on 16/12/2019
The Tenancy Deposit Service (TDS) and ARLA PropertyMark have created a new information matrix to help simplify all the details of the new tenant fees ban for letting agents and landlords, as some confusion over the new rules remain. This is a particular problem for landlords and letting agents who operate in both England and Wales where there are some differences in the rules.
Landlord
Brexit effect on UK property prices positive for overseas and expat investors
By Alan Wong on 12/12/2019
The Brexit effect is something that many people living in the UK continue to struggle with, regardless of their view on what should happen. Afterall, years of uncertainty and disagreement aren’t easy for anyone to cope with. However, while the UK’s property market has stalled a little and people are more cautious over buying or investing in property, for overseas buyers, Brexit uncertainty has made this a more attractive and potentially profitable market for them.
Landlord
Repossessions among Buy-to-Let properties surge 40%
By Rent Guarantor on 06/12/2019
The number of repossessions of Buy-to-Let (BTL) properties surged in the third quarter of 2019 compared with a year earlier, while the number of BTL properties in mortgage arrears stood at a little below 5,000. The combination of increases in repossessions and still relatively high arrears is far from a positive development for the UK’s Private Rental Sector (PRS) as it means there are potentially fewer rental homes available for the still rising number of tenants searching for one.
Tenant
Fewer tenants experience rent rises in October
By Rent Guarantor on 09/12/2019
There was some good news for the UK’s tenants recently as a new report showed fewer people who rent a home experienced an increase in their rent. But that’s not all, letting agents said there are more properties available for rent, while more tenants achieved positive results from rent negotiations.
Landlord
New regulations for landlords in Wales could land before Christmas
By Rent Guarantor on 04/12/2019
A list of new regulations for landlords renting homes to tenants in Wales could be put into place by December 13th, this year. The Welsh Assembly has created a new regulation that means landlords must show prospective tenants a pretty lengthy list of requirements before they can request they pay a holding deposit.
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