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How Landlords Can Evict Tenants Themselves in 2024: Procedures, Steps, Resources, and Solutions

Evicting a tenant from a residential property in the UK is a multifaceted process governed by stringent legal regulations. While we highly recommend seeking legal advice and assistance, some landlords may contemplate self-eviction as a last resort. This article provides a comprehensive guide to self-eviction procedures, step-by-step instructions, and an array of resources and solutions for landlords dealing with tenant

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Survey Reveals Divergence in UK Landlords’ Response to Rising Mortgage Costs

A recent survey conducted by Octane Capital, a financial firm, suggests that not all landlords in the United Kingdom are passing on the burden of higher mortgage costs to their tenants. This finding comes in the midst of changing dynamics in the housing market, as mortgage rates continue to surge while rental prices also exhibit steady growth. Comparing the average

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New Housing Ombudsman Empowered to Enforce Policy and Prevent Service Failures

In a significant development, the Housing Ombudsman now wields greater authority to compel social landlords to assess their policies and practices, with the aim of averting recurrent service deficiencies. This heightened regulatory power is a direct outcome of the Social Housing (Regulation) Act. Starting this month, the Ombudsman possesses the authority to mandate councils and housing associations to scrutinize specific

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Navigating Rising Interest Rates: A Landlord’s Guide to Managing Current Rental Market Conditions

Introduction In recent times, landlords in the United Kingdom have been facing a significant challenge – the relentless rise in interest rates. With 14 consecutive increases, the current interest rate stands at 5.25%, causing overheads to soar and creating a challenging environment for property investors. However, with thoughtful strategies and prudent financial planning, landlords can adapt and even thrive in

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Resilient Landlords Defy Soaring Rates: The Rental Market’s Triumph Over Adversity

In a market that’s seen 14 rate hikes, landlords are showing remarkable resilience and adaptability. While rising mortgage rates have brought significant changes, there’s an unexpected twist in the story: the rental market is holding its own. Imagine, just two years ago, a two-year fixed interest-only mortgage (75% loan-to-value LTV) stood at a mere 1.3%. Today, it’s 6.2%. This might

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UK Buy-to-Let Yields Surge in Unexpected Places Amidst Challenging Market Conditions

New data has unveiled a surprising trend in the UK property market: buy-to-let yields are nearing double digits in certain regions, offering landlords an attractive investment opportunity. Property portal Zoopla’s research highlights that yields in areas surrounding Glasgow, such as West Dunbartonshire, Renfrewshire, East Ayrshire, and North Lanarkshire, have reached a remarkable 8% or higher. Renfrewshire, in particular, has witnessed

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The 2023 Buy-to-Let Landscape in Flux: Corporations Dominate as Tax Advantages Prevail

In a dynamic twist to the ever-evolving world of real estate, nearly three-quarters of buy-to-let properties purchased in 2023 have found their home within corporate entities. This surge in corporate ownership reflects a compelling preference among landlords who are eager to tap into the tax benefits associated with this structure, especially as borrowing costs continue to soar. Traditionally, landlords had

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RENTAL MARKET - IN THE SPOTLIGHT

How To Rent Guide 2024 (for new tenancies)

This guide is for people who are looking for a house or flat to rent. For the governments 'easy read' version please click here. You can download this as a word document here. We recommend that you attach this in an email and send it to your tenant(s) email addresses.…
by | December 18, 2023

How To Rent Guide 2023 (for new tenancies)

This guide is for people who are looking for a house or flat to rent. For the governments 'easy read' version please click here. You can download this as a word document here. We recommend that you attach this in an email and send it to your tenant(s) email addresses.…
by | January 18, 2023