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Rules which were due to expire at the end of September have been extended meaning buy-to-let landlords in Wales must now give at least six months notice for evictions until at least 31 March 2021. The move means renters in Wales will now get similar protection to those in England, where...
Posted: September 18, 2020, 7:00 am
Renters across Wales received greater protection this week after the Welsh government extended the six month notice for evictions, which was due to expire at the end of September, until at least 31 March 2021. The move was designed to ensure that renters continue to have certainty and security during the...
Posted: September 18, 2020, 7:00 am
A second UK court has ruled that ‘No DSS’ is unlawful, after a renter won a legal trial against housing benefit discrimination.  Stephen Tyler, who is disabled, successfully argued that ‘No DSS’ discrimination is unlawful and in breach of the Equality Act after he was prevented from viewing properties listed with...
Posted: September 18, 2020, 7:00 am
As has been broadcast widely in the news the government has been going to extraordinary lengths to enforce their message that no tenant will be evicted during these unprecedented times. The new legislation is convoluted, lengthy and ever changing. Below is a recap of the current position in relation to...
Posted: September 18, 2020, 7:00 am
Buckinghamshire Building Society has relaunched its ex-pat buy-to-let product. The mortgage deal is available at 70% loan-to-value (LTV) on a two-year discount at 3.99%. It includes a product fee of £999 and ERCs are set at 1% for the first year, falling to 0.5% during the second year.  The product is offered...
Posted: September 18, 2020, 7:00 am
Rents should be frozen in London to avert mass evictions, city mayor Sadiq Khan has told the government. Khan wants new powers to prevent any rent hikes for two years and has warned that up to half a million people living in the capital could face eviction because of arrears accrued...
Posted: September 17, 2020, 7:00 am
Sadiq Khan’s proposal to introduce rent controls in London risks reducing the number of private homes available for rent, as landlords look to exit the private rented sector.  The mayor of London has once called on the government to hand him extra powers so he can cap rents in the city...
Posted: September 17, 2020, 7:00 am
Letting agents are feeling more optimistic about the letting sector than they were at the outset of 2020 despite the challenges of Covid-19, according to new research.  More than 350 letting professionals took part in the latest State of the Industry survey from Goodlord, with 80% of respondents saying they felt...
Posted: September 17, 2020, 7:00 am
More needs to be done to help support tenants, especially those facing financial hardship as a consequence of the Covid-19 pandemic, according to Canopy.  The firm is concerned that many tenants will potentially face homelessness from 20 September 2020, when private landlords will be able to go to the courts to...
Posted: September 17, 2020, 7:00 am
Zoopla has attracted around 25,000 property investors and landlords just over a week after launching Zooploma, a two week email programme that provides property guides, expert advice and inspirational stories. The ‘Investor Zooploma’ is the fourth launch in the franchise and follows the introduction of similar programmes for first-time buyers, homemovers...
Posted: September 17, 2020, 7:00 am
Less than half of landlords have received full rent since March 2020, when Covid-19 lockdown rules were introduced, according to new research by Hamilton Fraser.  A survey of 1,2000 landlords conducted by the company found that 43% of landlords have been contacted by their tenants to say they will struggle to...
Posted: September 16, 2020, 7:00 am
There was widespread disappointment among buy-to-let landlords when the government decided to prolong the existing ban on tenant evictions until 20 September, and so spare a thought for commercial landlords who now face the prospect of the government extending rules banning them from evicting those unable to pay the rent. A...
Posted: September 16, 2020, 7:00 am
Buy-to-let landlords in England could learn a thing or two from the Scottish market as the eviction deadline approaches, according to apropos.  The property management firm says it has been contacted by a number of landlords in England seeking advice on how to deal with tenants over the issue of eviction...
Posted: September 16, 2020, 7:00 am
Foundation Home Loans is planning to pull some of its buy-to-let products tomorrow.  On Thursday, the specialist lender will remove its two-year flat fee deals and two-year discounted variable rate offerings from the market. Foundation Home Loans recently reduced rates across a range of five-year buy-to-let mortgage products. The deals, which are offered...
Posted: September 16, 2020, 7:00 am
Many renters have welcomed the government's latest announcement around protecting tenants from eviction over the winter period, but tenants and landlords should continue to work together in what is a difficult time for everybody, according to Mary-Anne Bowring, group managing director at Ringley.  The government has confirmed that court proceedings for...
Posted: September 15, 2020, 7:00 am
Landlords are being reminded this week that they are responsible for the safety of their tenants, as part of Gas Safety Week. The annual event, which takes place 14-20 September, aims to raise awareness of gas safety and reminds us to have our gas appliances safety checked annually by a qualified...
Posted: September 15, 2020, 7:00 am
It has been just over a month since changes to the 30-day Capital Gains Tax (CGT) rule came into force and talk of a CGT increase began hotting up, as Rishi Sunak attempts to claw back the multi-billion pound costs of the Covid-19 crisis. The Chancellor’s November Budget may bring with...
Posted: September 15, 2020, 7:00 am
Ipswich Building Society has relaunched its buy-to-let range, two months after deciding to withdraw its products to help it cope with a significant increase in mortgage applications from investors.  The buy-to-let products, which include expat BTL and holiday let mortgages, feature a two-year discount rate at 2.99%, available at 80% loan-to-value...
Posted: September 15, 2020, 7:00 am
Almost a quarter of private landlords with properties in England surveyed have lost rental income due to Covid-19, according to a new survey.  The online poll, conducted by YouGov for the National Residential Landlords Association (NRLA), found that 19% of respondents had lost up to half of their usual rental income...
Posted: September 14, 2020, 7:00 am
The National Landlord Investment Show will be held online-only for the first time due to the Covid-19 pandemic.  The Online Midlands Show, which will take place on 28 September, will allow landlords to obtain free expert advice to help guide them with their investments. The online show will have many of the features...
Posted: September 14, 2020, 7:00 am