Lettings

Private landlords are alive and well – and they are younger than you think. In 2024, analysis completed by the national accountancy group, UHY Hacker Young, found more than 3,000 landlords in the UK were aged 21 or younger. Collectively, they earned more than £66 million from their rental income.

The government has published an official guide to the Renters’ Rights Act, setting out what the new legislation means for letting agents, landlords and tenants.

The guidance explains the key changes to rental rules, but fails to outline when the new measures will take effect. The government says it will publish a separate timeline outlining plans for implementation.

Landlords have a duty of care to keep buy-to-lets in a fit and habitable state, as detailed in the Homes (Fitness for Human Habitation) Act 2018, the Landlord and Tenant Act 1985 and the Housing Act 2004. Responsibilities include preventing mice and rats from entering the property and addressing an infestation that is a result of sub-standard living conditions.

Discover how a proficient property management team can significantly reduce costs and enhance tenant satisfaction, illustrating how money can be saved through proper management.

Keeping tenants safe is of paramount importance and there is legislation that ensures the UK’s privately rented homes are fit for habitation. An important milestone in England has brought one area of safety back into the spotlight.

Younger Millennials (born between 1991 and 1996) and those in Generation Z (1997-2012) still see a future in property investment. That was the surprising finding of a new survey of 2,000 UK adults conducted by Opinium on behalf of Market Financial Solutions.

The Renters’ Rights Bill has taken another step towards becoming law. With no major amendments expected, it’s now that tenants should take notice of the Bill’s contents.

When you become a renter, you’re expected to behave in a ‘tenant like manner’ and that extends to outside spaces as much as inside the home. If in any doubt as to what that means, you can refer to your tenancy agreement. It should list the specific garden jobs you’re responsible for, and what your landlord should maintain. If there’s scant detail, contact us and we can obtain written clarification for you.

You may have heard people talk about second-charge mortgages and wondered what they are. If you’re a landlord, they can be a beneficial way of accessing a lump sum of money. Here’s our Q&A guide to second-charge mortgages for owners of buy-to-let properties.

The Renters’ Rights Bill is a piece of upcoming legislation designed to deliver “long overdue” reforms to the Private Rented Sector (PRS). Its primary goal is to give tenants more security to stay in their homes and more freedom to leave substandard properties. 

The Renters’ Rights Bill is Labour’s push to reform the private rental sector and the proposals are expected to pass into law this year. In fact, if progress keeps up its current pace, we could see new legislation introduced as early as April 2025.

Ofgem confirmed the energy price cap would rise at the start of 2025.