
Articles
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1 week ago |
landlordzone.co.uk | Helen Gregory
A tenant has built up more than £10,000 in rent arrears after the Department of Work and Pensions (DWP) refused to accept her landlord’s word that the rent had increased. Brian Southern’s tenant has twice failed to report changes during the last five years when he issued a Section 13 notice, in line with increases in LHA rates. It means he is still only receiving direct payments based on the pre-2020 LHA rate of £499 when the uprated amount went up to £750 in April 2020 and £950 in April 2024.
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2 weeks ago |
landlordzone.co.uk | Helen Gregory
Landlords could face higher mortgage rates for longer after inflation jumped by more than expected last month to 3.5%. The rise is the highest rate in more than a year, driven by higher energy costs, water bills and airfares, according to the latest ONS figures. Jeni Browne (pictured), business development director at MFB, says the news won’t halt interest rate cuts, although it could mean a delay in the next cut.
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2 weeks ago |
landlordzone.co.uk | Helen Gregory
A leading academic has warned the Scottish government that its rent control stance risks turning investment away from the country. Professor Duncan McLennan believes imposing a control system on any sector, where the normal rate of return dips below what’s available in other sectors, means deterring investors. As part of the Housing (Scotland) Bill, the government has agreed to limit increases to a fixed rent cap of CPI annual rate of inflation +1%, up to a maximum of 6%.
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2 weeks ago |
landlordzone.co.uk | Helen Gregory
The lack of appetite for short-term rentals among tenants suggests the Renters’ Rights Bill is seeking to solve a problem that doesn't exist, new research reveals, while swinging the balance of power entirely towards renters.
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3 weeks ago |
landlordzone.co.uk | Helen Gregory
The government has been warned that its failure to acknowledge the true state of the courts risks further eroding landlord confidence and undermining investment. The NRLA says the system isn't ready to handle the volume of possession cases following the end of Section 21 ‘no-fault’ evictions as new Ministry of Justice data shows that the average time for landlords to regain possession of a property through the courts has increased yet again.
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