Take advantage of our discounted landlord insurance ratesICYMI: Our Policy Manager John Stewart was on BBC Sunday Politics at the weekend talking #Section21 You can watch the interview again here > https://t.co/hzPVl0QHmZ pic.twitter.com/OvWGwyK3Ea
— RLA Landlord News (@RLA_News) April 30, 2019
Tuesday, April 30, 2019
RLA talking Section 21 on BBC
Rightmove's latest Rental Trends Tracker
Take advantage of our discounted landlord insurance ratesSee what's changed in rental prices for the first quarter of #2019 in our Rental Trends Tracker >> https://t.co/37SfGAmfQb pic.twitter.com/bYUzFF9tju
— Rightmove (@rightmove) April 29, 2019
Latest Land Registry sales data
Take advantage of our discounted landlord insurance rates🏡88,531 #propertysales were lodged for registration in March 2019. Find out what property type is more popular #pricepaiddata https://t.co/kwY0eLrJn3 pic.twitter.com/gh6HNJOVxi
— HM Land Registry (@HMLandRegistry) April 30, 2019
London house-price crash - Brexit?
Take advantage of our discounted landlord insurance ratesLondon house-price crash: is it all down to Brexit? - MoneyWeek https://t.co/Oh2eoAFs6q
— Property Hawk (@landlordnews) April 30, 2019
5yr fixed more popular than ever
- Almost half of mortgage customers (49%) now opt for an initial fixed period of five years or more
- Five year fixed rate mortgages double in popularity
- Low interest rates and desire for cost certainty are key factors influencing customer behaviour
More customers than ever are opting for an initial fixed period of five years or more when choosing a mortgage according to Paragon’s latest Financial Adviser Confidence Tracking (FACT) Index which surveys over 200 of the UK’s largest mortgage intermediaries.
According to the survey, almost half of all mortgage customers (49%) now opt for an initial fixed rate period of five years or more when selecting a mortgage, up from one in four (25%) in 2013.
Two and three year fixed rate products recorded a drop in popularity as a result, with two year fixed rate products falling from 54% of the total in 2013 to 37% in Q1 2019, and three year fixed rate products down from 18% to 12%.
The vast majority of mortgage intermediaries (90%) highlighted low interest rates coupled with concern over future rate rises as the key factor behind the popularity of the five year fix. Customers’ preference for long term certainty on payments was also highlighted as important (76% of intermediaries).
Whilst half of mortgage intermediaries (50%) felt that increased popularity of the five year fix was neutral for the mortgage market, two in ten (19%) felt it could have negative implications.
In particular, intermediaries were keen to stress that products with a longer term initial fixed period should only be considered by customers who expected to stay in their current home for an extended period. For customers considering a house move, early redemption penalties could outweigh the benefits of a longer term deal.
Intermediaries did not forsee any immediate catalyst to disrupt the popularity of the five year fix. A more stable economic climate post-Brexit was the factor highlighted as most likely to lead to an interest rate rise and reduce attractiveness (56% of intermediaries).
John Heron, Managing Director of Mortgages at Paragon said: “The five year fix has found a real sweet spot in the market. Low interest rates, economic uncertainty around Brexit, a drop in home-mover transactions and more remortgaging means that five year products have become a viable option for a much larger proportion of customers.”
View the full FACT Q1 2019 report at https://www.paragonbankinggroup.co.uk/resources/paragongroup/documents/publications/2019/fact-report-q1-2019
Turning a rented property into a home
Take advantage of our discounted landlord insurance ratesHow millennials are turning their rented property into a home https://t.co/z9ZZUmugtD
— Telegraph Property (@TeleProperty) April 29, 2019
Sectoral Regulation Without Section 21
Take advantage of our discounted landlord insurance ratesSectoral Regulation Without Section 21 https://t.co/raWnoGyaVm
— Nearly Legal (@nearlylegal) April 29, 2019
Monday, April 29, 2019
FTBs face decade-long wait for deposit
Take advantage of our discounted landlord insurance ratesFirst-time buyers face decade-long wait to save a mortgage deposit: https://t.co/4KEnyUrDNs pic.twitter.com/VdMhh6c146
— Which? Money (@WhichMoney) April 29, 2019
Fraudster landlord scams £1,200
Take advantage of our discounted landlord insurance ratesCouple scammed out of £1,200 by fraudster landlord https://t.co/6PPiNzdvix
— Property Hawk (@landlordnews) April 29, 2019
Cheapest prices on the Tube network
Take advantage of our discounted landlord insurance ratesRevealed: the cheapest house prices on London's Tube network https://t.co/c5HatWYgou via @benhamandreeves @SChristie_
— Telegraph Property (@TeleProperty) April 29, 2019
Tenant causes £7k of damage
Take advantage of our discounted landlord insurance ratesShock photos show how 'tenant caused £7k of damage to city house' https://t.co/K8c4Rq3dcX
— Property Hawk (@landlordnews) April 29, 2019
Confused about renting and changes to capital gains tax
Take advantage of our discounted landlord insurance ratesI'm confused about renting and changes to capital gains tax https://t.co/rjXf04Bgpm
— Property Hawk (@landlordnews) April 29, 2019
Prohibition Orders and ending tenancies
Take advantage of our discounted landlord insurance ratesProhibition Orders and ending tenancies https://t.co/Fa5Q6fJYyW
— Nearly Legal (@nearlylegal) April 28, 2019
More calls for changes to Universal Credit
Take advantage of our discounted landlord insurance ratesThe four UK housing federations have called for changes to the Universal Credit system. Here are their six tests #ukhousing https://t.co/Nnh1bDbwi9
— Inside Housing (@insidehousing) April 29, 2019
London rents driven higher
Take advantage of our discounted landlord insurance ratesRents Drive Higher as Supply Falls Further in London https://t.co/c502HncMIB via @MansionGlobal
— Tom Bill (@TomBill_KF) April 27, 2019
City house price growth falls
Take advantage of our discounted landlord insurance ratesWhile London is showing signs of recovering, house price inflation in regional cities is starting to moderate. Want to know more about the latest market info? https://t.co/7M2im5uh4Z #property #houseprice pic.twitter.com/wKHeqeHqlV
— Zoopla (@Zoopla) April 27, 2019
Southern landlords investing north
Take advantage of our discounted landlord insurance ratesSouthern landlords are investing in the north for better returns https://t.co/0X624jNhRL pic.twitter.com/RHcNDpLwM3
— Mortgage Introducer (@MortgageChat) April 28, 2019
Saturday, April 27, 2019
Prime resi-markets research - Savills
Take advantage of our discounted landlord insurance ratesWhat does the future hold for the prime residential markets? Read our latest Market in Minutes research: https://t.co/o9EkvNyLMo pic.twitter.com/MNSZaGKIKo
— Savills (@Savills) April 26, 2019
Barclays refreshes BTL range
Take advantage of our discounted landlord insurance ratesBarclays refreshes buy-to-let range https://t.co/90KHRCJi9F pic.twitter.com/vYgQfOcEzi
— Mortgage Introducer (@MortgageChat) April 25, 2019
Friday, April 26, 2019
Lords call for stamp duty reform
Take advantage of our discounted landlord insurance ratesHouse of Lords calls for stamp duty reform https://t.co/FGGXjpM2TM pic.twitter.com/TdCoFd8VKR
— Mortgage Introducer (@MortgageChat) April 25, 2019
Thursday, April 25, 2019
The death of BTL - a cautionary tale
Take advantage of our discounted landlord insurance ratesThe death of buy-to-let property is a useful cautionary tale for all investors https://t.co/QKon7siFPL pic.twitter.com/FTRCfWKhP8
— MoneyWeek (@MoneyWeek) April 25, 2019
2m people will lose £1,000 a year with universal credit
Take advantage of our discounted landlord insurance ratesAlmost 2m people will lose £1,000 a year with universal credit – study https://t.co/V0Pl2oFMOf
— Guardian Business (@BusinessDesk) April 24, 2019
Prime London property 40% cheaper
Take advantage of our discounted landlord insurance ratesThe current status of the pound means that, for dollar-denominated buyers, prime London property is about 40% cheaper than it was in 2014, and for those using euros to make a purchase, it’s about 30% cheaper. https://t.co/fTVvF2IOv4
— Property Hawk (@landlordnews) April 25, 2019
The impact of the Airbnb surge
Take advantage of our discounted landlord insurance ratesBBC News - What the Airbnb surge means for UK cities https://t.co/MgQ7TJyX8f
— Property Hawk (@landlordnews) April 25, 2019
London property sales 20% down on 2015
Take advantage of our discounted landlord insurance ratesLondon property sales 'have plunged by 20% since 2015' https://t.co/L9H1Dh9PAc
— Property Hawk (@landlordnews) April 25, 2019
Liverpool - top for house price growth
Take advantage of our discounted landlord insurance ratesLiverpool is top city for house price growth https://t.co/hea88Y8Ynu pic.twitter.com/46Ik7NT7vj
— Mortgage Introducer (@MortgageChat) April 24, 2019
MPs call on landlords to scrap no DSS ads
Take advantage of our discounted landlord insurance ratesMPs call on landlords to scrap 'no DSS' clauses in rental ads https://t.co/I7IEYWPvh2
— Property Hawk (@landlordnews) April 24, 2019
Wednesday, April 24, 2019
Salford landlord licensing consultation
Take advantage of our discounted landlord insurance ratesIn our response to Salford City Council's selective licensing consultation, we have warned that the proposed scheme will do little to improve housing standards. This consultation is still open-read our response and have your say here > https://t.co/aUZht17hph #Salford #landlords
— RLA Landlord News (@RLA_News) April 24, 2019
Rent Repayment Order for unlicensed HMO
Take advantage of our discounted landlord insurance ratesRent Repayment Order for unlicensed HMO. £9000 total. https://t.co/n79VVbGqed
— Nearly Legal (@nearlylegal) April 23, 2019
Letting agency fined £50k over 2 HMOs
Take advantage of our discounted landlord insurance ratesLetting agency fined £50,000 over safety failures at two HMOs.#LettingsofLondonLtd #lettingagency #finehttps://t.co/rmewlGe9Ax
— The Negotiator (@TheNeg) April 23, 2019
2m people to lose £1,000/year on Universal Credit
Take advantage of our discounted landlord insurance ratesAlmost two million people will lose £1,000 a year with #UniversalCredit, according to a new @TheIFS study - https://t.co/Gi3U6B3YNP #ukhousing pic.twitter.com/j3G2N6wpaH
— 24housing Magazine (@24housing) April 24, 2019
Khan calls for Airbnb registration scheme
Take advantage of our discounted landlord insurance ratesLondon mayor @SadiqKhan calls for registration system for Airbnb-style lets to protect housing supply #ukhousing https://t.co/H8t3G0EKkZ
— Inside Housing (@insidehousing) April 23, 2019
Property transactions up 6.8% - HMRC
Take advantage of our discounted landlord insurance ratesUK property transactions up 6.8% in March: HMRChttps://t.co/xrZZ2kE0iM
— Mortgage Strategy (@MortgageStrat) April 24, 2019
Complying with landlord licensing schemes
Take advantage of our discounted landlord insurance ratesHow landlords can comply with licensing schemes https://t.co/eUAGlalWcs
— ARLA Propertymark (@arla_uk) April 23, 2019
Stamp dury falls due to BTL crackdown
Take advantage of our discounted landlord insurance ratesBuy-to-let crackdown fuels biggest fall in stamp duty since financial crisis https://t.co/JJ9l49pQGL
— Telegraph Investing (@TelegraphInvest) April 24, 2019
Saffron launches Ltd Co BTL
Take advantage of our discounted landlord insurance ratesSaffron launches limited company buy-to-let https://t.co/WtmC1xz8uH pic.twitter.com/yffUmNcqgY
— Mortgage Introducer (@MortgageChat) April 24, 2019
Clamp down on London Airbnb abuse
Take advantage of our discounted landlord insurance rates"The ball is in the government’s court to put the necessary measures in place to clamp down on those that abuse the system", @tomcopley on the Mayor's call for change to short-term letting laws - https://t.co/RuUyfqyPvv #ukhousing pic.twitter.com/SIQT7jqy2a
— 24housing Magazine (@24housing) April 23, 2019
Raab calls for CGT scrap on sitting tenant sales
Take advantage of our discounted landlord insurance ratesFormer Housing Minister, @DominicRaab has called for Capital Gains Tax for landlords to be scrapped on properties up to £35,000 where they have sold the property on to a sitting tenant https://t.co/pIFRJnSRtw pic.twitter.com/KzDi57aga5
— ARLA Propertymark (@arla_uk) April 24, 2019
Mortgage Interest Relief minefield
Take advantage of our discounted landlord insurance ratesChanges to Mortgage Interest Relief have been a minefield for landlords, says Lisa Simon, Head of Residential Sales at Carter Jonas. #morgages #interestrelief #https://t.co/1Ph7uObJ31
— The Negotiator (@TheNeg) April 23, 2019
UK rental market bigger than159 nations
Take advantage of our discounted landlord insurance ratesUK rental market more profitable than 159 world nations https://t.co/agBynz1FXh pic.twitter.com/YWE7kbLEo0
— Mortgage Introducer (@MortgageChat) April 23, 2019
Labour pledges to end slum office housing
Take advantage of our discounted landlord insurance ratesLabour pledges to end 'slum' office housing https://t.co/oaHTIyfkic
— BBC Business (@BBCBusiness) April 23, 2019
Tuesday, April 23, 2019
The boomerang generation
Take advantage of our discounted landlord insurance ratesThe 'boomerang' generation still living with their parents https://t.co/OhDugOz2Bd
— Guardian Money (@guardianmoney) April 20, 2019
New EPC rules could cost landlords
Take advantage of our discounted landlord insurance ratesThese new rules could hit buy-to-let landlords with huge fines: https://t.co/rCbgklLFgx pic.twitter.com/cJTY4UUiTF
— Which? Money (@WhichMoney) April 22, 2019
Monday, April 22, 2019
A summer Brexit relief rally
Take advantage of our discounted landlord insurance ratesUK property market ‘in line for summer Brexit relief rally’ https://t.co/KXBzsgMRr2
— Guardian Money (@guardianmoney) April 14, 2019
No-fault evictions to be banned
Take advantage of our discounted landlord insurance ratesBBC News - No-fault evictions to be banned in England https://t.co/sME6X74dPR
— Property Hawk (@landlordnews) April 22, 2019
No landlord banning orders issued
Take advantage of our discounted landlord insurance ratesNo rogue landlords issued with banning orders in 12 months https://t.co/SxlGqeD65o
— Guardian Money (@guardianmoney) April 15, 2019
UKs most affordable areas
Take advantage of our discounted landlord insurance ratesCompare how affordable your area is and find out where Brits spend the most on their mortgage: https://t.co/dQioFfmTlc pic.twitter.com/6Z03KPTEPQ
— Which? Money (@WhichMoney) April 21, 2019
Latest Rightmove house price index
Take advantage of our discounted landlord insurance ratesThe price of new-to-the market properties increases by an average of 1.1%. See our latest House Price Index report here >> https://t.co/Qw32XxR8GX pic.twitter.com/1IdgyRdTpQ
— Rightmove (@rightmove) April 21, 2019
MHCLG latest landlord newsletter
Take advantage of our discounted landlord insurance ratesRead the latest @mhclg newsletter for landlords here > https://t.co/igGG3e76rw
— RLA Landlord News (@RLA_News) April 20, 2019
Will abolishing Section 21 really help tenants?
Take advantage of our discounted landlord insurance ratesWill abolishing Section 21 really help tenants? https://t.co/92xqC0ECog
— ES Homes & Property (@HomesProperty) April 21, 2019
UK average house prices up 0.6% - ONS
UK average house prices increased by 0.6% over the year to February 2019, down from 1.7% in January 2018. This is the lowest UK annual growth rate since September 2012 (0.4%) https://t.co/HE30dye0WF pic.twitter.com/kbwHHLN7QK
— ONS (@ONS) April 17, 2019
Take advantage of our discounted landlord insurance ratesHouse prices rise at slowest for six years as Brexit drags on growth https://t.co/QiFCIWFrt9
— Guardian Money (@guardianmoney) April 17, 2019
Scrapping Section 21 - RLA faqs
Take advantage of our discounted landlord insurance ratesSection 21 announcement: From what we know so far about the Government's consultation, to what the RLA is doing, our policy manager John Stewart answers some frequently asked questions from landlords https://t.co/IwD7gbuhn2
— RLA Landlord News (@RLA_News) April 22, 2019
Friday, April 19, 2019
Online support for LAs tackling rogue landlords
Take advantage of our discounted landlord insurance ratesHousing Minister @HeatherWheeler has announced online support for local authorities tackling rogue landlords - https://t.co/xd9WPYj497 #ukhousing pic.twitter.com/XmzrY5npPQ
— 24housing Magazine (@24housing) April 10, 2019
The Brexit votes affect on house prices
Take advantage of our discounted landlord insurance ratesBrexit vote has affected house prices in Remain areas more than Leave https://t.co/iY19L0hxfr pic.twitter.com/1pjKhcWI2m
— Mortgage Introducer (@MortgageChat) April 11, 2019
Thursday, April 18, 2019
Pockets of London predicted to rise 30%
Take advantage of our discounted landlord insurance ratesHouse prices predicted to rise up to 30% in these London pockets: https://t.co/4Bs6r53wVF
— ES Homes & Property (@HomesProperty) April 10, 2019
Wednesday, April 17, 2019
Weymouth landlord licensing consultation
Take advantage of our discounted landlord insurance ratesWeymouth and Portland Borough Council are currently running a consultation on plans to introduce a selective licensing scheme in parts of the Melcombe Regis ward. The consultation closes on 12th April-find out more about the plans and have your say here https://t.co/XLF18AFrBz pic.twitter.com/Iq1qMh26QX
— RLA Landlord News (@RLA_News) April 10, 2019
Tuesday, April 16, 2019
Barclays reduces BTL rates
Take advantage of our discounted landlord insurance ratesBarclays reduces rates on residential and buy-to-let rangehttps://t.co/0JLrCupUHF
— Mortgage Strategy (@MortgageStrat) April 10, 2019
Should the B of E control house prices?
Take advantage of our discounted landlord insurance ratesShould the Bank of England be responsible for controlling house prices?
— Daniel Bentley (@danielbentley) April 11, 2019
Some thoughts from me:https://t.co/RP62kQLPOz
Monday, April 15, 2019
Accord to cut 5-year fixed BTL rates
Take advantage of our discounted landlord insurance ratesAccord Buy to Let to cut 5-year fixed rates https://t.co/O3y699iqTQ pic.twitter.com/VR252z5GEK
— Mortgage Introducer (@MortgageChat) April 11, 2019
Professional landlords call for manual underwriting process
Take advantage of our discounted landlord insurance ratesProfessional landlords call for manual underwriting process https://t.co/0RLLli4nkg pic.twitter.com/9UJoeUnxKS
— Mortgage Introducer (@MortgageChat) April 10, 2019
Saturday, April 13, 2019
London & SE house prices continue to fall
Take advantage of our discounted landlord insurance ratesHouse prices in London and Southeast England are forecast to keep falling https://t.co/eYeIcK5adq
— Bloomberg (@business) April 11, 2019
Rogue landlord guidance is long overdue
Take advantage of our discounted landlord insurance ratesThe new rogue landlord guidance is long overdue #housing #landlords https://t.co/DdlnVTeHkH
— Chartered Institute of Environmental Health (@The_CIEH) April 10, 2019
Friday, April 12, 2019
Average UK rent down again
Average monthly UK rent is now at its lowest level for three years (since Q1 2016), according to a quarterly report by The Deposit Protection Service (The DPS).
Rent fell to £757 during the first quarter of 2019, with tenants paying £5 (0.64%) less than the previous quarter (Q4 2018) and over £14 (1.87%) lower than a year earlier (Q1 2018), according to latest edition of The DPS Rent Index.
The decrease continues the overall downward trend seen in the first three quarters of 2018, and The DPS says that it may be in part driven by a reluctance among tenants to move until after the Government’s Tenant Fees Ban comes into force on 1 June.
Daren King, Head of Tenancy Deposit Protection at The DPS, said:
We also believe that the rental market may be experiencing a period of tenant inactivity driven by uncertainty ahead of the imminent enforcement of the ban on tenancy fees.
Even after a long period of stagnation, we don’t see many signs of a recovery anytime soon and it is possible there will be more quarters of low or negative growth this year.”
Of the UK regions, only the South West, East Midlands, Yorkshire and the Humber and Wales experienced increases in average rent, although all were minimal, with the South West seeing the biggest (0.63%).
London remains by far the most expensive region in which to rent property. The capital has seen consistent average rents over the past three quarters, following a sharper drop in the first half of 2018.
The North East remains the cheapest region in which to rent property with an average of £513 during Q1 2019: just over £244 lower than the national average.
Terraced and semi-detached houses as well as flats all saw a fall in average rents in Q1 2019, although detached homes saw a marginal increase of £3 or 0.34%.
On average, the UK population spent 31% of their wages on rent in Q1 2019. The proportion is highest in London (41%), and lowest in Northern Ireland, Yorkshire and the Humber, and the North East (24%).
2018 was the first calendar year since the global financial crisis of 2008 that average rents decreased in the UK.
For the full report, see: https://www.depositprotection.com/media/1554/dps_rent_index_q1_2019.pdf
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TMW cutting BTL and Ltd Co rates
Take advantage of our discounted landlord insurance ratesTMW to cut rates https://t.co/8W6w9sC5kX pic.twitter.com/JuzZS2fnVQ
— Mortgage Introducer (@MortgageChat) April 10, 2019
Thursday, April 11, 2019
Forget buy-to-let
Take advantage of our discounted landlord insurance ratesForget buy-to-let. I think these property stocks can help you make a million https://t.co/ES5ISkYK0s
— The Motley Fool UK (@TheMotleyFoolUK) April 9, 2019
Labour plans to restrict house price inflation
Labour could set Bank of England target to tackle house price inflation, under proposals outlined by shadow housing secretary @JohnHealey_MP - https://t.co/FYY4Zc0ltu #ukhousing pic.twitter.com/fsCxhY3pZ9
— 24housing Magazine (@24housing) April 10, 2019
Take advantage of our discounted landlord insurance ratesLabour considers plans to restrict house price inflationhttps://t.co/KZAyv4LHPk
— Mortgage Strategy (@MortgageStrat) April 10, 2019
House prices likely to keep falling
Take advantage of our discounted landlord insurance ratesUK house prices likely to keep falling for another six months https://t.co/RFCGGQqV8m
— Guardian Money (@guardianmoney) April 11, 2019
Pressure on Rightmove to ban 'no DSS' ads
Take advantage of our discounted landlord insurance ratesShelter piles pressure on Rightmove to remove ‘No DSS’ adverts https://t.co/NjqMhdXeKO via @https://twitter.com/TheNeg
— The Negotiator (@TheNeg) April 11, 2019
Wednesday, April 10, 2019
Mitigating higher tax costs will see less remortgages
Take advantage of our discounted landlord insurance ratesLandlord action to mitigate higher tax costs will lead to a lower level of Buy To Let remortgage transactions going forward, according to a @paragonbankuk report - https://t.co/FbVZgcnBQY #ukhousing pic.twitter.com/M2RxhkEtEQ
— 24housing Magazine (@24housing) April 9, 2019
Landlords Contribution to Energy Efficiency upgrades
Take advantage of our discounted landlord insurance ratesThe Landlords Contribution to Energy Efficiency upgrades https://t.co/DJwtFsM5o8 #landlordlaw pic.twitter.com/WHRBJlUQky
— Tessa Shepperson (@TessaShepperson) April 9, 2019
Rents in England continue to rise
HomeLet Rental Index for March reports UK rents for new tenancies have begun to rise at a rate not seen in the market for over two years. The annualised picture shows rental values having increased at a higher rate than was seen in 2018 – rising by 3.3% in the last 12 months.
- The region with the largest year-on-year increase is the South West, annual rental growth 5.8%
- Average UK rent £942, up by 3.3% on the same time last year.
- When London in excluded, the average rent in the UK is £782; up 3.0% on last year
- Average rents in London are now £1,613, up by 2.8% on last year
- Eight regional ‘hotspots’ showed an increase in rents of more than the UK average over the first three months of 2019
- All 12 of the regions monitored by HomeLet showed an increase in rental values between March 2018 and March 2019
- The March Nationwide House Price Index reports that house price growth remained subdued with London being the weakest performing region in Q1, with prices 3.8% lower than the same period of 2018
Commenting on the data, chief executive of HomeLet, Martin Totty, says:
Whilst the aim of the Tenant Fees Act is to reduce the costs that tenants can face, landlords still need to cover the costs that are incurred when setting up a tenancy. With landlords already feeling the impact of taxation changes, the expectation is that costs will be passed back to tenants through higher rents, particularly for new tenancies.
Landlords’ ability to increase rents will largely be determined by local market dynamics of supply and demand for property. Regional ‘hotspots’, where rents are increasing faster than the UK average over the first three months of 2019 when compared to last year include Wales, Yorkshire and Humberside, the West Midlands, the North East and West, the South East and West, as well as Greater London.
Recently released annual results from a number of major quoted property agents point to a resilient private rented sector in contrast to a subdued sales market. With a still unclear outcome of the Brexit political impasse and the increasing prospect of a further extended delay in the UK exiting the European Union, the contrasting fortunes of the two main segments of the housing market seem likely to continue for some time.
If demand for rental property remains strong, coupled with the lower frictional costs of moving between rental properties for tenants from 1 June, landlords may yet be able to recover the additional cost burden they will face by edging up rents. This will likely require the current high levels of employment and real wage growth being sustained. But, it could be the case both tenants and landlords get what they want – tenants are relieved of the one-time up-front burden of feed at the commencement of a new tenancy and instead landlords meet these costs and recover them over time via gradual increases to monthly rents.”
Take advantage of our discounted landlord insurance rates
Letting agents: mother & daughter £266k fraud
Take advantage of our discounted landlord insurance ratesMother of disgraced letting agent pleads guilty to her part in £266,000 fraud https://t.co/qSv8euf2N9 via @https://twitter.com/TheNeg
— The Negotiator (@TheNeg) April 9, 2019
New Govt guide: cracking down on rogue landlords
Take advantage of our discounted landlord insurance ratesHousing Minister unveils new guidance for local authorities to crack down on rogue landlords https://t.co/0RWvmm4ENK
— Property Hawk (@landlordnews) April 10, 2019
The rise of 'Generation private Rent'
Take advantage of our discounted landlord insurance ratesAll this week we are looking at how #socialhousing can play a bigger role in tackling Britain's housing crisis, alongside support for greater home ownership. But there are tough questions to answer if we want sustained and successful social house building https://t.co/YIilQjA1yC
— ResolutionFoundation (@resfoundation) April 10, 2019
Tenancy deposit cap calculator - TDS
Today TDS has launched https://t.co/X6bOjTsySR, a one-stop shop for all information relating to the impending Deposit Cap in England. The website is packed with tools and guidance to simplify the Deposit Cap for agents and landlords: https://t.co/a0TJx10JGB pic.twitter.com/fQjg3S7meO
— TDS (@TenancyDeposits) April 2, 2019
Take advantage of our discounted landlord insurance ratesTenant fee ban in England: @TenancyDeposits has created a useful deposit cap calculator tool for letting agents and landlords https://t.co/9IhaIpcOVU
— RLA Landlord News (@RLA_News) April 9, 2019
Welsh ban on letting fees -1st September
Take advantage of our discounted landlord insurance ratesA new law to ban unnecessary letting fees in Wales will come into force on 1st of September, if it receives Royal Assent - https://t.co/sX9HGQx2l7 #ukhousing pic.twitter.com/wIKigKLz5G
— 24housing Magazine (@24housing) April 9, 2019
Fleet Mortgages returns to buy-to-let
Fleet Mortgages returns to buy-to-let markethttps://t.co/wxBy5nUPoE— FTAdviser (@FTAdviser) April 9, 2019
How the buy-to-let market is changing
Take advantage of our discounted landlord insurance ratesHow the buy-to-let market is changing for property investors https://t.co/lAjgOd9agX
— Telegraph Property (@TeleProperty) April 10, 2019
PRS landlord and tenant rights/responsibilities : Govt guide
Landlord and tenant rights and responsibilities in the private rented sector
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Labour plans to put limits on mortgages
Take advantage of our discounted landlord insurance ratesLabour considers house price inflation target for Bank of England https://t.co/gT4Ndmsxu6
— Guardian Money (@guardianmoney) April 10, 2019
Tuesday, April 09, 2019
The most searched London rental spot
Take advantage of our discounted landlord insurance ratesCan you guess the most searched for London rental spot on Zoopla? https://t.co/bn2Z5QknPi #LondonRenters #Renters pic.twitter.com/tqtsiEpKAK
— Zoopla (@Zoopla) April 8, 2019
Go ahead for Bristol's additional licensing
Take advantage of our discounted landlord insurance ratesAdditional licensing gets go ahead in central Bristol https://t.co/9HLHCI1IoF #Bristol #HMO #licensing pic.twitter.com/i3LdmicITt
— RLA Landlord News (@RLA_News) April 8, 2019
Rents up by 1% nationwide
Take advantage of our discounted landlord insurance ratesRents up by 1% nationwide https://t.co/o2LK9sCyHZ pic.twitter.com/mGbtCGMYcz
— Mortgage Introducer (@MortgageChat) April 8, 2019
Average rent for UK property now £1,217
Take advantage of our discounted landlord insurance ratesAverage rent for UK property now £1,217, according to the latest @LandbayUK Rental Index - https://t.co/oAdzd9K6AZ #ukhousing pic.twitter.com/HHLGrwfr2x
— 24housing Magazine (@24housing) April 8, 2019
Changing fortunes: prime London property
Take advantage of our discounted landlord insurance ratesNEW BLOG: It’s not all doom and gloom in PCL – LonRes data looks at a decade of house prices in the area https://t.co/8g965Vw3sv #LonResLatest #PropertyNews #PropertyBlog pic.twitter.com/HzCuttO2ZK
— LonRes (@LonresComLtd) April 8, 2019
Welsh tenant fees ban in September
Landlords in Wales, the Renting Homes (Wales) (Fees etc) Bill is expected to come into force on 1 September. Find out what that means for you at https://t.co/YYtFY38jtn
— NLA (@nationalandlord) April 8, 2019
Take advantage of our discounted landlord insurance ratesThis afternoon Welsh Housing Minister Julie James AM announced that the tenant fee ban in Wales will come into force on 1st September 2019, providing it receives Royal Assent https://t.co/wDzKWEjP3s #Wales #RentingHomesFees
— RLA Landlord News (@RLA_News) April 8, 2019
Monday, April 08, 2019
Can my brother force the sale of dad's cottage?
Take advantage of our discounted landlord insurance ratesCan my brother force me to sell our late father's cottage? https://t.co/YeT8Tr6jX1
— Guardian Money (@guardianmoney) April 8, 2019
Brexit confusion could hit EU tenants: RLA
Take advantage of our discounted landlord insurance ratesBrexit confusion could hit EU tenants in UK, say landlords https://t.co/iczHOamo5a
— Property Hawk (@landlordnews) April 8, 2019
Forestry investment market: Savills report
Take advantage of our discounted landlord insurance ratesDuring 2018 the total value of the UK #forestry investment market increased to £118 million. Read the latest @SavillsRuralUK research to find out the latest about the market: https://t.co/Uvo7fDMxxD pic.twitter.com/qT8SFpM3o4
— Savills (@Savills) April 8, 2019
Don’t use your pension to buy a house
Take advantage of our discounted landlord insurance ratesDon’t use your pension to buy a house https://t.co/5th1itjTyd pic.twitter.com/S4TqMvxS7S
— MoneyWeek (@MoneyWeek) April 8, 2019
Councils fail to crack down on HMOs
Take advantage of our discounted landlord insurance ratesCouncils face a losing battle as they crack down on rogue agencies https://t.co/5D7Np8tQEz
— Guardian Money (@guardianmoney) April 7, 2019
Brexit's volatile house price fluctuations
Take advantage of our discounted landlord insurance ratesBrexit creating volatile house price fluctuations, says Halifax https://t.co/cUMjOJREv8 via @https://twitter.com/TheNeg
— The Negotiator (@TheNeg) April 8, 2019
Rental market unprepared for Brexit
Take advantage of our discounted landlord insurance ratesWe are now calling on the Government to publish clear and practical guidance for landlords about the implications of Brexit for the Right to Rent scheme https://t.co/yRffcj828K #Brexit #RighttoRent #lettings
— RLA Landlord News (@RLA_News) April 8, 2019
A rise in average UK rents
Average rent for UK property now £1,217, according to the latest @LandbayUK Rental Index - https://t.co/oAdzd9K6AZ #ukhousing pic.twitter.com/HHLGrwfr2x
— 24housing Magazine (@24housing) April 8, 2019
Take advantage of our discounted landlord insurance ratesAverage UK rental price rises but London drags: Landbayhttps://t.co/7RYyY6tizv
— Mortgage Strategy (@MortgageStrat) April 8, 2019
Saturday, April 06, 2019
Letting agent savages tenant fees ban
Take advantage of our discounted landlord insurance ratesLeading lettings MD savages tenant fees ban in magazine endorsed by Theresa May https://t.co/0RQVBQOCeL via @https://twitter.com/TheNeg
— The Negotiator (@TheNeg) April 4, 2019
Telford landlord fined £29,000 for harassment
Take advantage of our discounted landlord insurance ratesTelford landlord who harassed tenants ordered to pay £29,000 https://t.co/tF5fI2dbB3
— Property Hawk (@landlordnews) April 4, 2019
Friday, April 05, 2019
House prices subdued amid Brexit impasse
Take advantage of our discounted landlord insurance ratesHouse prices 'subdued' amid Brexit impasse https://t.co/ukuBKNOchx
— BBC Business (@BBCBusiness) April 5, 2019
Growth in ‘Airbnb-style’ lettings
Take advantage of our discounted landlord insurance ratesGrowth in ‘Airbnb-style’ lettings and temporary accommodation is a sign of housing pressure, writes @Jules_Birch #ukhousing @CIHHousing https://t.co/UVlSw04Zmh
— Inside Housing (@insidehousing) April 4, 2019
UK Housing Review 2019 : CIHhousing
Take advantage of our discounted landlord insurance ratesEvidence from our UK Housing Review 2019 published today suggests that if short-term lets such as Airbnb are left unregulated, there's a real risk of loss of much-needed homes from the private rented sector & displacement of long-term residents: https://t.co/tBbIGTAiQ4 #UKHR2019 pic.twitter.com/A6gdmp2HbF
— Chartered Institute of Housing (@CIHhousing) April 4, 2019
Latest Halifax House Price Index
Take advantage of our discounted landlord insurance ratesMarch's House Price Index shows house prices fell by 1.6% in the last month. The average UK house price is now £233,181. https://t.co/4OKLh7dT6x #HalifaxHPI pic.twitter.com/J8y0tubZPf
— Halifax Bank News (@HalifaxBankNews) April 5, 2019
House prices hold better than expected
Take advantage of our discounted landlord insurance ratesHouse prices hold up better than forecast amid Brexit chaos https://t.co/M1kPKBD6IL
— Guardian Business (@BusinessDesk) April 5, 2019
Thursday, April 04, 2019
More people living alone
Take advantage of our discounted landlord insurance ratesHousing costs are the greatest expenditure for people living on their own – they spend more on rent, mortgages and other household costs like bills https://t.co/w7456vV5AM pic.twitter.com/iZb8sTNG8C
— ONS (@ONS) April 4, 2019
Berlin's rental revolution
Take advantage of our discounted landlord insurance ratesBerlin's rental revolution: activists push for properties to be nationalised https://t.co/ShO65wgkov
— Property Hawk (@landlordnews) April 4, 2019
Growth of short-term lets threatens PRS homes
A new @CIHhousing study reveals how the rapid growth of short-term lets could lead to the loss of private rented homes to the short-term lets market - https://t.co/q6ioOhIFKT #ukhousing pic.twitter.com/B1wIc7wonU
— 24housing Magazine (@24housing) April 4, 2019
Take advantage of our discounted landlord insurance ratesShort-term Airbnb-style lets must be regulated or they risk displacing communities, @CIHHousing warns #ukhousing https://t.co/c0JiC6LdOA
— Inside Housing (@insidehousing) April 4, 2019
Peers call for tax relief on rental home improvements
Take advantage of our discounted landlord insurance ratesNEW: Peers call for tax relief for rental home improvements https://t.co/hNceKHE1xg
— RLA Landlord News (@RLA_News) April 4, 2019
Kensington And Roma launch new BTLs
Kensington And Roma Launch New Buy To Let Mortgage Products #mortgage https://t.co/lmzbn8FWtn pic.twitter.com/aT7YUlDBvB— Residential Landlord (@Help4Landlords) April 4, 2019
'First-time landlord' top BTL search
Take advantage of our discounted landlord insurance rates“First-time landlord” top BTL search: Knowledge Bankhttps://t.co/uO3ho0aynP
— Mortgage Strategy (@MortgageStrat) April 4, 2019
Bristol landlords face £1,200 fee to rent
Take advantage of our discounted landlord insurance ratesBBC News - Private landlords face £1,200 fee to rent homes in Bristol https://t.co/Tb8OG4dyFz
— Property Hawk (@landlordnews) April 4, 2019
Could Brexit be good news for holiday lets?
Take advantage of our discounted landlord insurance ratesCould Brexit be good news for holiday lets? https://t.co/BIIXXtc93w pic.twitter.com/Eg04IxXbHP
— Mortgage Introducer (@MortgageChat) April 3, 2019
Wednesday, April 03, 2019
Airbnb: Are you breaching the lease?
Take advantage of our discounted landlord insurance ratesAirbnb - are you breaching your lease? Here's a few things you should consider before renting your property short term: https://t.co/EzwGFD3W2x pic.twitter.com/b0ERhykyes
— Blocsphere (@blocsphere) April 2, 2019
40% of Brits think they'll never own
Take advantage of our discounted landlord insurance ratesMore than 40% of Brits believe they’ll never own a home https://t.co/UgaFUzvQNC pic.twitter.com/Yu4tqnQw0d
— Mortgage Introducer (@MortgageChat) April 3, 2019
PM3s server issue
Our landlords' software, PM3s, is back online. We apologise for today's outage.
Property Hawk
Landlords fined for 'substandard' properties
Take advantage of our discounted landlord insurance ratesLandlords fined over letting out 'substandard' properties https://t.co/IvKjdpxEAy
— Property Hawk (@landlordnews) April 3, 2019
Madrid bans central Airbnbs without a private entrance
Take advantage of our discounted landlord insurance ratesMadrid bans central Airbnbs without a private entrance, a move which could see almost 10,000 listings taken offline.https://t.co/ntqwRO5tcU
— Feargus O'Sullivan (@FeargusOSull) April 3, 2019
TSB updates BTL range
Take advantage of our discounted landlord insurance ratesTSB launches buy-to-let remortgage products and cuts rates https://t.co/mCRbDrrLMi pic.twitter.com/hxmiQWmCwi
— Mortgage Introducer (@MortgageChat) April 3, 2019
Protect yourself from being gazumped
Take advantage of our discounted landlord insurance ratesHow to protect yourself from being 'gazumped' https://t.co/FYe5zQPMNF
— Telegraph Money (@MoneyTelegraph) April 2, 2019
Kensington cuts buy-to-let rates
Kensington Mortgages cuts buy-to-let rates https://t.co/dFo4G1vNlj pic.twitter.com/iTNXbdCCTe— Mortgage Introducer (@MortgageChat) April 2, 2019