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.... It is very important for the Tory party to open up the route to home ownership again. A lot of twentysomethings also have horror stories of bad landlords and we need to help them as well. ... [Read full article on Guardian ]
Tuesday 19th of September 2017 11:01:30 PM
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....The January implementation of the quarterly checks on the current accounts operated by every bank and building society in Britain are part of Immigration Act 2016 measures to create a hostile environment for illegal migrants. Other measures include “right to rent” checks with heavy fines for landlords who let homes to illegal migrants, checks on driving licences and tougher measures against illegal working. ... [Read full article on Guardian ]
Thursday 21st of September 2017 07:00:26 PM
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....“We believe the government should go much further, and set out a plan to abolish the leasehold system over time. There are no redeeming qualities to the leasehold system, which is so complex and confusing to the public that partial reforms will mean it will remain a vehicle for unscrupulous landlords and investment companies to unfairly make money from homeowners. ... [Read full article on Guardian ]
Thursday 21st of September 2017 01:17:20 PM
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.... This compares with 5%-10% of income spent by their grandparents in the 1960s and 1970s. Tutton said: “In the social rented sector we see much higher levels of arrears than in the private rented sector, but that doesn’t necessarily mean young people who rent from private landlords in places like London are not struggling. ... [Read full article on Guardian ]
Wednesday 20th of September 2017 11:47:54 AM
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Latest Finance News related to Landlord

All the places I’ll never live: an art space image
Source : Guardian [Read Article] Friday 22nd of September 2017 12:00:46 PM
.... The mould was growing and, despite my concerns that soon it would develop eyes and watch us while we showered, Alex was adamant we should leave it alone. “The amount of money we give that useless landlord,” he insisted, “I am not spending a penny to fix what he should. ...
Related to :
UK banks to check 70m bank accounts in search for illegal immigrants image
Source : Guardian [Read Article] Thursday 21st of September 2017 07:00:26 PM
....The January implementation of the quarterly checks on the current accounts operated by every bank and building society in Britain are part of Immigration Act 2016 measures to create a hostile environment for illegal migrants. Other measures include “right to rent” checks with heavy fines for landlords who let homes to illegal migrants, checks on driving licences and tougher measures against illegal working. ...
New figures reveal scale of controversial leasehold homes image
Source : Guardian [Read Article] Thursday 21st of September 2017 01:17:20 PM
....“We believe the government should go much further, and set out a plan to abolish the leasehold system over time. There are no redeeming qualities to the leasehold system, which is so complex and confusing to the public that partial reforms will mean it will remain a vehicle for unscrupulous landlords and investment companies to unfairly make money from homeowners. ...
Young people worst affected by debt crisis, say charities image
Source : Guardian [Read Article] Wednesday 20th of September 2017 11:47:54 AM
.... This compares with 5%-10% of income spent by their grandparents in the 1960s and 1970s. Tutton said: “In the social rented sector we see much higher levels of arrears than in the private rented sector, but that doesn’t necessarily mean young people who rent from private landlords in places like London are not struggling. ...
Millennials spend three times more of income on housing than grandparents image
Source : Guardian [Read Article] Tuesday 19th of September 2017 11:01:30 PM
.... It is very important for the Tory party to open up the route to home ownership again. A lot of twentysomethings also have horror stories of bad landlords and we need to help them as well. ...
Duchy of Cornwall residents fight 'unfair' freehold ban image
Source : Guardian [Read Article] Monday 11th of September 2017 02:26:03 PM
....The residents are making use of a government consultation that closes next week on ministers’ proposals “to tackle unfair and unreasonable abuses of leasehold”. It is primarily aimed at housebuilders retaining freeholds of new homes, but the duchy tenants argue there is no reason they should be treated differently to any other British homeowner just because Charles is their landlord. ...
At £4.40, Surrey becomes most expensive place in UK to buy a pint image
Source : Guardian [Read Article] Wednesday 6th of September 2017 11:01:44 PM
.... The cost of raw materials is high for anything to do with making food and brewing beer, even boring things like electricity and gas. “Although landlords do try to absorb some of the costs themselves, they can’t cover all the increases, so some of it has to go on to customers. ...
The Guardian view on EU migration: economically and culturally vital | Editorial image
.... If they worked or resided in breach of the new rules, they would face criminal sanctions. Employers and landlords would have to carry out “papers, please” immigration checks. ...
A £7,600-plus service charge on my flat above a shop is bankrupting me image
Source : Guardian [Read Article] Friday 1st of September 2017 12:17:45 PM
....The budget document states that CBRE’s fees and administrative costs for the year totalled £6,577, with the three flat owners paying £4,602 of this. Other costs to be shared by the trio included £828 for the testing and inspection of “landlord electrical circuits” in the residential corridor, £900 for drawing up a planned preventative maintenance schedule, and £1,197 for an annual health and safety audit and a separate fire risk assessment. ...
House prices to stay strong as cheap mortgage rates help lending hit nine-year high  image
Source : Daily Express [Read Article] Wednesday 30th of August 2017 02:57:00 PM
....First time buyers could be behind the new loans, as low interest rates deals remain readily available, experts said. People taking the first step on the property ladder have also been able to fill a gap left by landlords and second-home investors who, since last year, have to pay extra stamp duty on purchases. ...
​Some might pray for a house price crash, but be careful what you wish for | Patrick Collinson image
....None of this is meant to defend a status quo of house prices at 10 times local incomes in many locations, particularly in the south. The good news is that government policy is no longer wedded to pumping up prices; the stamp duty hikes have taken the froth off the top end of the property market, while buy-to-let tax increases mean landlords can no longer so easily elbow aside first-time buyers. ...
There are now more than 1,000 tax relief schemes. Give us a break image
Source : Guardian [Read Article] Sunday 20th of August 2017 06:00:35 AM
.... Companies would drop plans to buy the equipment they need without tax relief. Likewise, private landlords would let their flats go unmaintained if the cost were not tax-deductible. ...
Mears Group cuts profits forecast in wake of Grenfell Tower fire image
Source : Guardian [Read Article] Tuesday 15th of August 2017 01:00:41 PM
....The UK social housing maintenance company Mears Group has downgraded its profit forecast and slashed its full-year revenue predictions as its clients delay new contracts following the Grenfell Tower fire. The company, which carries out repair and maintenance work for properties belonging to local authorities and other social housing landlords, said new orders were on hold as authorities focused on ensuring all their properties were safe and compliant in the wake of the June fire, in which 80 people died. ...
Intercontinental Hotel Group flying despite lack of capital - SHARE HUNTER image
Source : Daily Express [Read Article] Monday 14th of August 2017 08:35:00 AM
....However, what makes IHG unusual is that it doesn’t actually “own” many of those hotels. Instead, it either manages the hotel on behalf of landlords, or franchises out a brand to the hotel owner, directing reservations through online bookings. ...
Half of landlords in one London borough fail to declare rental income image
Source : Guardian [Read Article] Sunday 13th of August 2017 01:04:01 PM
. Up to 13,000 landlords in just one London borough have been identified as failing to declare their rental income, prompting estimates that unpaid tax in the capital is costing the public purse nearly £200m. ...
Nationwide sounds note of caution over lending in run-up to Brexit image
Source : Guardian [Read Article] Friday 11th of August 2017 04:06:30 PM
....The society was one of the first to tighten its criteria for buy-to-let mortgages 18 months ago. It required landlords to prove that their rental income was at least 145% of their monthly mortgage payments, up from 125%. ...
'Political uncertainty' blamed for slowdown in UK property market image
Source : Guardian [Read Article] Thursday 10th of August 2017 05:01:28 AM
....“[George] Osborne’s hike in stamp duty has had a negative effect. Removing interest relief for landlords is causing some to sell, [with] few sales now to investors,” said Allen Fuller estate agents in Putney. ...
Buy-to-let landlords: Five top tips that could save you THOUSANDS image
Source : Daily Express [Read Article] Wednesday 9th of August 2017 08:30:00 AM
Brexit-fuelled boom gives Dublin’s Celtic Tiger a reason to roar image
Source : Guardian [Read Article] Sunday 6th of August 2017 09:42:50 AM
....”. His one gripe – shared by nearly all Dubliners – is the high rents demanded by landlords: “Rents in Dublin are the same as in Melbourne, but the pay is not nearly as high. ...
Goodbye to buy-to-let: why I’m moving on after 13 years as a landlady image
Source : Guardian [Read Article] Saturday 5th of August 2017 05:59:04 AM
....My other major concern is about the increase in legislation and costs in the private rental sector. Wales has just introduced a landlord accreditation scheme requiring all landlords and agents to undergo training and assessment. ...
Leaseholds are not the problem – abuse of them is | Editorial image
Source : Guardian [Read Article] Thursday 3rd of August 2017 05:53:08 PM
....The abuse of leaseholds (Editorial, 26 July) is exactly that: abuse. There is nothing intrinsically wrong with leasehold/freehold arrangements in the hands of responsible (and preferably regulated) landlords. ...
So estate agents are being replaced by robots? It’s about time | Rhiannon Lucy Cosslett image
....When you are a victim of this country’s housing crisis – and heaven knows there are millions of us – it can be hard to decide with whom to be most angry. Is it the successive governments who have failed to make home ownership an achievable ambition for much of my generation? The foreign investors who ramp up prices but leave their properties empty and unloved? The tenancy management companies that fail to listen to tenants’ concerns about safety and living conditions? The MPs who, because so many of them are buy-to-let landlords, won’t do anything to help those of us stuck in expensive rented accommodation?. ...
Have we reached 'peak London' as millennials leave in record numbers? image
Source : Guardian [Read Article] Saturday 29th of July 2017 11:05:04 PM
....The news last week that the number of people leaving the capital has reached a five-year high will come as no surprise to anyone trying to house themselves in the capital. Whatever the political shocks of the last year, some things are unchanged: house prices continue to bear no relation to earnings, private landlords remain largely unregulated and rents continue to eat up two-thirds of the average Londoner’s wages. ...
Leasehold tycoon: man whose firms control 40,000 UK homes image
Source : Guardian [Read Article] Saturday 29th of July 2017 07:00:44 AM
....However, critics of E&J’s ground rents and debt collection practices are far more vocal. Sebastian O’Kelly, who runs Leasehold Knowledge Partnership, said: “E&J conducts its affairs with the typical arrogance of leasehold landlordism. ...
Sale of Holy Island pub is heavenly opportunity for beer pilgrims image
Source : Guardian [Read Article] Friday 28th of July 2017 02:03:21 PM
....Now there is a chance to run one of England’s hardest-to-reach pubs, accessible only at low tide via a three-mile causeway. For £65,000 you can become the Crown and Anchor’s new landlord or lady after the current licensees decided to pack up and travel the world in their camper van. ...
Ground rents: aristocrats and shell firms among those making millions image
Source : Guardian [Read Article] Wednesday 26th of July 2017 05:00:32 AM
.... The documents show that one of its directors until late 2013 was “the Honourable William Waldorf Astor”, the half- brother of David Cameron’s wife, Samantha. Astor runs the fund manager Long Harbour, which invests in residential freeholds, and is also director of HomeGround, which administers freeholds on behalf of various landlords, including the Adriatic Land vehicles. ...
The real cost of regeneration image
Source : Guardian [Read Article] Friday 21st of July 2017 05:00:09 AM
.... Their experience demonstrates what can happen when council property is turned over to a private contractor without sufficient oversight and accountability, when profit is prioritised over the welfare of tenants. The deficiency – the travesty, even – has been, above all, of democracy: the channels of communication that once existed between a social tenant and a local authority landlord have become labyrinthine, creating confusion not only over who to complain to, but also who is liable should anything go awry. ...
The Guardian view on the 1%: all gain, no pain | Editorial image
Source : Guardian [Read Article] Sunday 16th of July 2017 06:59:34 PM
.... One linked by roadside chats; the other by FaceTime. Today’s Conservatism does not want to level relationships between poor and rich, to provide policies that allow workers to set bosses’ pay or tenants to hold their landlords to account or empower consumers over corporates. ...
Could you spot a bogus Airbnb listing among the genuine ones? image
Source : Guardian [Read Article] Saturday 15th of July 2017 06:00:45 AM
....But it was only when he asked for the house number that the real warning signs arrived. The would-be landlords claimed to be unable to tell him that, due to the terms and conditions of holiday site TripAdvisor, but assured him that if he started his tenancy by making a booking through that site, “TripAdvisor is guaranteeing the whole transaction between us”, even linking to the real site’s payment protection guarantee. ...
Is paying off the mortgage a better bet than saving? image
Source : Guardian [Read Article] Thursday 13th of July 2017 06:00:00 AM
.... Divide this figure by your buying costs – including your cash deposit, legal fees and the higher rate of stamp duty land tax that you pay on buy-to-let properties – and multiply the result by 100 to get the percentage yield. But even if this looks good on paper, you should ask yourself if you are genuinely up for being a landlord with all the extra work and responsibility it entails. ...
Homebuyers desperate to know who really owns their freehold image
Source : Guardian [Read Article] Saturday 8th of July 2017 06:00:00 AM
.... The documents show that one of its directors until late 2013 was “The Honourable William Waldorf Astor”, the half brother of David Cameron’s wife, Samantha. Astor runs fund manager Long Harbour, which invests in residential freeholds, and is also director of HomeGround management, which administers freeholds on behalf of various landlords, including the Adriatic Land vehicles. ...
Community groups call time on the demise of the British pub image
Source : Guardian [Read Article] Friday 7th of July 2017 04:19:25 PM
.... A May 2011 article in the Guardian highlighting the venture contributed to a surge in the number of people signing up, and it was not long before the target was reached, allowing the co-operative to buy the pub, refurbish it and open its doors once again to drinkers and diners (the then-prime minister, David Cameron, even popped along to officially open the bar). Six years on, the Butchers Arms is thriving and very much “back on the map”, said husband-and-wife landlords Jon and Katie Metcalfe. ...
Robot banker helps millennials manage money, plus students face £57,000 debt image
.... Alex Hern reports. My credit score is at risk after landlord failed to register correct address. ...
Hold the Shard-enfreude – a house price drop is not about to happen | Patrick Collinson image
.... But a welcome string of reforms – higher stamp duty, taxes and strict new affordability tests – have knocked the stuffing out of buy-to-let. The latest figures show that sales to landlords have collapsed by 50% over the past year. ...
How an 'Airbnb for retail' is bringing entrepreneurs back to the high street image
....The Old Street station pop-up was followed by another, and another. After a year doing events in London, Hely-Hutchinson was able to put a compelling business case together for a landlord. ...
One in seven UK private tenants pays more than half income in rent – study image
. One in seven tenants privately renting from a landlord is paying more than half of their income in rent, compared with just 2% of homeowners who pay more than half their income on their mortgage, according to new research. ...
My credit score is at risk after landlord failed to register correct address image
....My credit score is a mess and I think it’s my ambiguous address that is causing it. When a group of us rented our flat, we were told by the landlord that the address was Flat B followed by the street address. ...
Tenant fees ARE a rip-off, says letting agent that welcomes ban  image
Source : Daily Express [Read Article] Monday 26th of June 2017 02:47:00 PM
.... Landlords and letting agents said a ban on the fees will result in higher rents and job losses across the industry. The Association for Residential Letting Agents (ARLA) this week said landlords stand to lose £300million from the Government's ban, which is likely to be recouped from tenants. ...
Bond Street: status of UK's most exclusive shopping street under threat image
....But a recent industry report by Walpole, which represents 200 British luxury brands, suggested the super-prime rental levels were becoming a problem. One prominent Bond Street occupier described the landlords as ruthless and only interested in the most profitable tenants. ...
The Observer view on the housing crisis | Observer editorial image
Source : Guardian [Read Article] Saturday 24th of June 2017 11:05:13 PM
. As we report today, research by Shelter shows that by 2020 more than a million households are likely to find that their housing benefit doesn’t cover the rent they pay to private landlords. ...
Buy-to-let UK property sales fall by almost 50% in a year image
Source : Guardian [Read Article] Thursday 22nd of June 2017 05:45:48 PM
. The number of properties bought by landlords has almost halved in a year after a tax and regulatory clampdown, prompting a leading banking body to downgrade its forecasts for buy-to-let lending in 2017 and 2018. ...
A guide to tenants' housing rights around safety and repairs image
Source : Guardian [Read Article] Thursday 22nd of June 2017 06:19:30 AM
. In the aftermath of a shocking disaster like the Grenfell Tower fire, social housing tenants, including those who rent from private landlords, as well as from housing associations, councils or other registered housing providers, will be asking questions about their own homes and wondering where to turn for advice. ...
How privatization could spell the end of democracy image
Source : Guardian [Read Article] Wednesday 21st of June 2017 08:00:25 AM
.... They shrink the distance between rich and poor by lowering the cost of living. They empower working people by making their survival less dependent on their bosses and landlords and creditors. ...
House sales have fallen by nearly a third in some parts of UK, says Lloyds image
....But there were crumbs of comfort for first-time buyers, who now make up a bigger proportion of buyers than in recent years. Lloyds’ housing economist, Nitesh Patel, said stamp duty increases had helped reduce second home and landlord buying. ...
Don't believe the hype: the downside of being the next big thing image
Source : Guardian [Read Article] Tuesday 20th of June 2017 09:00:00 AM
.... This can mean playing a longer game. Adam Blaxter, founder of Rentr, an app that allows landlords to rent a property direct to tenants is in the proptech sector where the clarion call is that estate agents are dinosaurs and apps are the way forward. ...
House sales in Greater London slump by almost a third in a year image
Source : Guardian [Read Article] Monday 12th of June 2017 06:01:18 AM
....The latest monthly index from estate agents Your Move found that in the three months to the end of April, sales in Greater London were down 29% on the same period in 2016. Much of the decline follows a government overhaul of property taxes that spurred landlords and other second-home buyers to rush through deals in March. ...
Quarter of households in UK will rent privately by end of 2021, says report image
.... It commissioned a YouGov survey of more than 10,000 tenants and spoke to 26 major investors. The report says that while at least three-quarters of UK renters are living in homes owned by private landlords, they will increasingly rent from large-scale corporate landlords such as City firms and property companies. ...
Deposit-free renting sounds good – or could tenants lose out? image
Source : Guardian [Read Article] Saturday 10th of June 2017 06:00:18 AM
....In most cases, instead of the tenant putting down the equivalent of several weeks’ rent, an insurance policy covers this instead. It helps tenants with cash flow while landlords are still covered for the full deposit. ...
Average UK rents fall for first time in more than seven years image
Source : Guardian [Read Article] Tuesday 6th of June 2017 05:01:14 AM
....The average monthly rent on a new tenancy that started in May was £901, which was down 0. 3% on the May 2016 figure of £904, according to the latest rental index from HomeLet, which provides services to landlords and letting agents. ...
Yes, house prices are falling: but they probably won’t fall quickly image
.... While London prices reflect an international market, in towns and cities elsewhere they must be supported by local UK incomes, which are currently static at best. Crucially, we are also seeing the end of the buy-to-let landlord as the marginal buyer of virtually every new one- or two-bed flat to come on to the market. ...
Shrinking tax base suggests personal allowance is generous enough image
Source : Guardian [Read Article] Thursday 1st of June 2017 07:03:03 PM
.... Twenty years of the buy-to-let boom speaks to that. With higher income taxes weighing them down, many people already ask why they should work for a living when they can extract a generous rent as a landlord. ...
Letting agents found charging tenants more than £800 in fees image
Source : Guardian [Read Article] Wednesday 31st of May 2017 11:01:38 PM
....Dan Wilson Craw, director of Generation Rent, said: “No one moves house for fun, and letting fees make an already stressful situation worse. Landlords appoint their agents, so should be paying their costs – landlords can also shop around for the best deal more easily than tenants can. ...
Mortgage approvals at seven-month low image
Source : BBC [Read Article] Wednesday 31st of May 2017 10:05:22 AM
....Mortgage lenders have told of a fall in demand, despite the low rates on offer. One theory is that landlords might have brought forward purchases, to avoid the latest in a series of tax changes. ...
'I can't pay the rent' image
Source : BBC [Read Article] Saturday 27th of May 2017 11:07:29 PM
....But for Tracy and her family, the stress is not just because of the finances. Since landlords sometimes want their property back, she has been forced to move repeatedly. ...
Housing market moving sideways, lenders say image
Source : BBC [Read Article] Thursday 25th of May 2017 10:28:25 AM
....5% drop in property transactions in April, compared to March. One possible reason for the fall is that landlords might have brought forward purchases, to avoid the latest in a series of tax changes. ...
Nationwide profits drop 18% as it shields savers from interest rate cuts image
....Competition in the mortgage market also dented profits. Nationwide is the UK’s second-largest mortgage lender and while its total mortgage lending rose 3%, its buy-to-let lending fell by 36% after last year’s move to toughen the terms on which it would lend to landlords. ...
Jaeger suppliers owed millions consider legal action against ex-owners image
....Ten days later the administrators were called in. The owner of Jaeger’s debts is a secured creditor so ranks ahead of other parties, such as suppliers and landlords, in the queue to be repaid from the proceeds of the administration. ...
Further signs of UK property slowdown in April image
Source : BBC [Read Article] Tuesday 23rd of May 2017 10:32:02 AM
....But the figures are skewed by a series of tax changes this year and last. In April 2016, landlords became liable for a higher rate of stamp duty. ...
A new Green Deal bond that pays 12% interest – too good to be true? image
Source : Guardian [Read Article] Saturday 20th of May 2017 06:00:17 AM
....You might have imagined that would have been the end of the story, but in January a consortium of City investors bought the Green Deal Finance Company’s assets and remaining loan book. The plan is to relaunch the Green Deal and offer loans to homeowners and landlords. ...
Buy-to-let millionaire who bans 'coloured' people faces legal action image
Source : Guardian [Read Article] Wednesday 17th of May 2017 02:20:13 PM
....“If you can find someone to be a guarantor, they can then sub-let to a battered wife. We’re just saying we don’t take them because they must have a rent guarantee as part of the landlord’s insurance demanded by the mortgage companies. ...
Buy-to-let slump after stamp duty change image
Source : BBC [Read Article] Wednesday 17th of May 2017 09:57:25 AM
....Since April 2016, anyone buying a buy-to-let property or a second home has had to pay a 3% stamp duty surcharge. Some 71,100 loans were advanced for house purchases by landlords in the year since the tax change, the Council of Mortgage Lenders figures show. ...
Ex-BHS owner Dominic Chappell could be pursued by Sir Philip Green for millions image
....The ruling also confirms that BHS made a loan of £6. 2m to RAL on the day before it sent out proposals for an insolvency agreement known as a “company voluntary arrangement” in which it asked landlords to accept lower rents. ...
Stop spending money on avocados? Good idea, I’ll have a house deposit by 2117 | Rhiannon Lucy Cosslett image
.... They didn’t even have yoghurt in those days, my mother says). Never mind that after working every hour that god sends, saving every precious penny you earn that doesn’t go to a landlord who won’t fork out to stop your shower leaking and says that the mould would disappear if only you stopped having the cheek to insufflate indoors, you sit at home, strung out and anxiety-ridden reading the news on your smartphone (how much did that cost you, by the by?), and see that the average property value has gone up by over £2k in that week alone, which is more than you earn in a month. ...
Leasehold now the No 1 concern for UK homeowners, study finds image
Source : Guardian [Read Article] Tuesday 16th of May 2017 05:01:05 AM
.... Then they sold it on to an investment firm without ever warning us. Now the new landlords want £45,000 off us to buy it back,” he said on his Facebook posting. ...
How to be on the winning side as mortgage war hots up image
Source : Guardian [Read Article] Monday 15th of May 2017 06:00:37 AM
....”. In April, the first of a series of tax rises came in that increased costs for landlords with buy-to-let mortgages. ...
We wouldn’t need price caps if the Tories hadn’t cut energy-saving schemes image
.... It promises interest-free loans, much like Scotland did earlier this month, for people to make their homes more efficient. The government has supported a loophole for landlords allowing them to sidestep regulations coming next year which would force them to reduce energy bills for their tenants. ...
Foxtons' tweets win few fans – now the slowdown gives it little to sing about | Simon Goodley image
....Social media frequently appears to be a modern popularity contest, but at least that gives us an indication of the reputations of some of our best-known companies. Take the official Twitter account of the irksome estate agency Foxtons, for instance, which possesses a mighty 400 followers and drones on about the major housing topics de nos jours, such as: “Do you know what it takes to be a landlord?” (we might venture a guess). ...
Buy-to-let landlords suffering tax increases plan to raise rents  image
Source : Daily Express [Read Article] Saturday 13th of May 2017 05:27:00 PM
.... But it’s the economy and tenants that could end up paying the price. More than a third of landlords are desperately looking to cut costs, while a fifth will pass on the increases to tenants, according to a study by mortgage lender Kent Reliance. ...
These are the UK markets I’d meddle in. What would yours be? image
Source : Guardian [Read Article] Saturday 13th of May 2017 06:00:39 AM
.... Over in Germany, not exactly a failing economy, rent increases within a tenancy are limited to movements in specified indices. In the US, the personification of free-market capitalism, many cities have rent boards controlling local landlords. ...
The Tory energy cap is not a policy. It’s a confession | Owen Jones image
.... Outside wartime, housebuilding is now at its lowest level since the early 1920s. Hundreds of thousands of people languish on social housing waiting lists, billions in taxpayers’ money is spent on subsidising landlords instead of laying bricks, and the private rented sector offers a fatal combination of high rents and low security. ...
London rents fall for first time since 2009 amid post-Brexit vote slowdown image
.... After years of being hit by steadily rising rent bills, it appears that tenants in the capital may finally be getting the upper hand. “Falling rents is definitely positive news for those looking to move, or to renegotiate their rents with their landlord,” said Dan Wilson Craw, director of Generation Rent, the campaign group for private renters. ...
Proptech: the businesses transforming the housing market image
Source : Guardian [Read Article] Monday 8th of May 2017 06:00:55 AM
.... Some entrepreneurs are developing models that cut them out of the equation entirely. Calum Brannan, founder of prop-tech management company No Agent, offers landlords a way to manage their own properties online for a fixed fee – £35 per month outside London and £45 inside the capital. ...
Bristol housing charity tops list of UK’s most-prosecuted landlords image
. A Bristol-based charity that receives thousands of pounds in housing benefit to accommodate vulnerable people has topped a list of the UK’s most-prosecuted landlords compiled by the Guardian. ...
'My parents want to help me but can't': readers on affording their first home image
....I work part-time as a barista and am chronically ill with a disability. I can’t rent privately as no landlord I can find wants someone “on benefits” and there are barely any have accessible properties that aren’t in retirement parks. ...
Labour pledges 'tougher' standards for rented houses image
Source : BBC [Read Article] Monday 1st of May 2017 05:41:38 AM
....But the Conservatives said the plan could increase people's rent. Shadow housing secretary John Healey said the proposals would empower renters to "call time on bad landlords" by setting standards to ensure homes were "fit for human habitation". ...
House prices fell again in April, Nationwide says image
Source : BBC [Read Article] Friday 28th of April 2017 07:25:06 AM
....". Last week, the Council of Mortgage Lenders (CML) said the UK's housing market was in "neutral gear", with a shift towards first-time buyer and remortgage customers, away from home movers and buy-to-let landlords. ...

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