Scottish landlords exit as housing crisis deepens
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Scottish landlords are throwing in the towel and leaving the sector due to the impact of rent controls – and the prospect of permanent rent rise restrictions, warns one industry body.
In a video interview with Property118 which can be viewed below
Thank you, and here is a gift for you – High Value training on Sunday
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I am delighted to be able to share a valuable gift with you this weekend.
I am giving this gift to the clients on my database and wanted to also offer it to the subscribers of property 118.
Landlords worry about the ‘Right to request pets’ in the Renters (Reform) Bill
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Landlords in England say they are worried about the potential impact of the Renters (Reform) Bill on allowing tenants to request permission to keep pets in their home.
The findings from property services firm Leaders Romans Group (LRG) reveal that 56% of landlords anticipate negative consequences.
Landlords welcome “great news” as clever selling strategies see an increase in profits
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As we enter into May, finally landlords have been met with some welcome news. It comes ahead of concerns in recent weeks that landlords could be facing “Armageddon” amidst a housing crisis, coupled with delays taking landlords up to two years to sell.
UK house prices to remain flat in 2024 – But 10 areas will see double-digit rises
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The UK’s housing market is forecast to experience a subdued year in 2024, with average house prices expected to decline slightly by -2.6%, a new analysis reveals.
The firm also says that its analysis shows that since the base rate was held at 5.25% in September 2023
Property transactions plummet amid calls for Stamp Duty reform
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Coventry Building Society is urging the government to reform Stamp Duty after a significant drop in property transactions – including buy to let purchases – during the first quarter of 2024.
HMRC figures show there were only 192,500 property transactions since January –
Tory rebels demand changes to Leasehold Bill
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Backbench Tory MPs are threatening to rebel against the government’s leasehold reform bill.
More than 30 MPs including the former Housing Minister Robert Jenrick want to see the leasehold system scrapped altogether.
In a letter to the Chancellor seen by Sky News
How many Lords will be ‘a leaping’ for the Renters (Reform) Bill?
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Now that the Renters (Reform) Bill is heading to the Lords, I’m struck by the lack of celebration by landlords everywhere. Not even our critics are happy – Shelter says it has ‘disowned’ the Bill.
It is nice to see the government tick off both sides of the debate with legislation that is literally a curate’s egg (apologies for the idiom overload
Shelter calls for 90,000 affordable homes to rent to be built EVERY year
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Homelessness charity Shelter is calling for all political parties to commit to building 90,000 affordable social homes every year – with rents that are tied to local incomes.
It says the move will deliver a ‘lasting and ultimate solution to homelessness’.
Letting agency’s entitlement to share of sale?
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Hi, my house has been let for several years to a tenant who has expressed an interest in buying it. I do not want to sell it at this moment in time and have advised them of this.
I am now changing letting agencies.