Lowering Graph
General

UK Rents to Slip This Year and Next

New research suggests that despite an increase in activity following the spring lockdown, the UK’s rental market hasn't recovered as well as the sales market. As such, expectations are that average rents will decline by 1% in both 2020 and 2021. However, while that might be a disappointing outlook for some, separate data shows that many first-time buyers (FTBs) are now planning to remain in rental accommodation for longer amid coronavirus-related uncertainty, which is a positive for the lettings industry.

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Rent Guarantor Oct 06, 2020
Legislation
General

Section 8: What does it mean for Guarantors?

It’s easy to feel confused when it comes to the different legislations surrounding property and tenancies. Especially when you are acting as a Guarantor and suddenly a Section 8 notice is being issued to the tenant you are guaranteeing it can be a scary panic-stricken time.

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Rent Guarantor Aug 25, 2020
Garden Fence
General

UK Staycation Demand Encourages Switch from Long-Term to Short-Term Lets

As more Britons opt for a staycation over a holiday abroad, evidence suggests that some private rental sector (PRS) buy-to-let (BTL) landlords are choosing to switch their investment properties from the long-term rental market, to the short-term, holiday lets market. This reverses a trend seen earlier in the coronavirus pandemic and is more in line with the broader trend of the UK's letting market pre-Covid-19.

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Rent Guarantor Aug 10, 2020
House Under Hammer
General

Tenant Eviction Court Proceedings to Re-start on August 24

The UK Government has set a date from which tenancy eviction court cases will begin and also outlined the way in which the backlog of cases will begin to be heard. Court proceedings for eviction cases will re-start from August 24. However, for any cases that were opened prior to August 3rd 2020, landlords must go through a couple of procedures to reactivate the case and confirm they wish to continue with the cases.

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Rent Guarantor Jul 27, 2020
People
General

UK Housing Organisations Team Up to Offer Rent Arrears Support

A number of UK housing organisations have come together to provide support for landlords and tenants who are experiencing rent arrears problems during the Covid-19 pandemic. The National Residential Landlords Association (NRLA), the Chartered Institute of Housing, The Property Redress Scheme, My Deposits, the Tenancy Deposit Scheme and ARLA Propertymark recently issued a joint statement to launch new guidance for the industry and give much-needed support.

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Rent Guarantor Jul 13, 2020

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