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40% of tenants have a 'negligent landlord'


By Simon Thompson
 
     
Four in 10 tenants are said to be stuck with a landlord who will refuse to repair their problem-ridden properties, research has revealed. The findings from the HomeOwners' Alliance highlights that tenants are being left in damp, cold properties with a landlord who is unwilling to carry out basic maintenance and repairs. The research also reveals that three in five tenants say they will never be able to afford their own home and will be left renting their home. The chief executive of the Alliance, Paula Higgins, said: "Most tenants living in rental accommodation want to buy a home, but most think it's a pipe dream. 'Landlords are reluctant to maintain their homes' "It's also a disgrace that so many people live in rental homes are putting up with cold, damp properties and that landlords are reluctant to maintain their homes to a required standard." The findings also highlight that one in five tenants say they are worried that their rental home does not meet safety or fire standards. One in 10 tenants say they have also been evicted from a property without reasonable cause and 35% say they've had to pay expensive charges for inventory checks and references. In addition, 16% say they've had to pay for unreasonable rent increases. The Alliance research also highlights that 40% of the tenants they questioned supported the ban on tenant fees and 35% say they would like the option of a longer tenancy. Highest number of BTL products ever available Meanwhile, the number of buy to let products that are available to landlords and investors has risen to its highest since 2007's financial crisis, data reveals. The findings from MoneyFacts highlights there are now 2,396 buy to let products available now - that's a 21% increase since June last year. In contrast, the number of products available for residential property buying has fallen sharply. The data also highlights that the average BTL market rate has risen over the past year with an average two-year fixed rate growing from 2.8% to 3.05%. A financial expert with the platform, Darren Cook, said: "Product competition is continuing to grow in this specialised mortgage area. "Over the past 12 months, there's been a 21% increase in the availability of products which indicates that providers are keen to offer potential BTL investors lots of choice." He added that the largest concentration of product choice is aimed at the maximum 75% LTV tier.
 
 
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Landlords could hold the keys for MP's seats
 

Landlords could hold the keys for MP's seats

Landlords who are upset over Conservative and other political party policies for the private rented sector could hold the keys in 124 constituencies, a survey reveals.

An analysis of HMRC data by one nati

     
Posted by on 05/12/2019 13:36:44
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BTL Maintenance Costs Revealed
 

BTL Maintenance Costs Revealed

The cost to a landlord for maintaining a buy to let property over 12 months in the UK has been revealed.

According to Howsy, a property management platform, they have put together the figures to show how costs vary aro

     
Posted by on 05/12/2019 13:27:51
Read More

     
The Best Returns By Property Type Revealed
 

The Best Returns By Property Type Revealed

For those landlords who are looking to invest, then the best returns by property type could have a big influence.

And figures from the National Landlords' Association (NLA) reveal some surprising results.

     
Posted by on 05/12/2019 13:19:26
Read More

     
Political Party Manifesto Plans For Landlords Condemned
 

Political Party Manifesto Plans For Landlords Condemned

Both Labour and Conservative Party manifesto plans for landlords in the UK have been condemned by one organisation.

The National Landlords' Association (NLA) says that the manifesto from the Co

     
Posted by on 05/12/2019 13:04:47
Read More

     
Rental sector enjoys Autumnal activity increase
 

Rental sector enjoys Autumnal activity increase

The UK's rental sector has enjoyed a spike in activity with a rise in the number of properties 'to let' and those being 'let'.

The data from Agency Express reveals that in October, the number of proper

     
Posted by on 05/12/2019 12:48:52
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BTL Repossessions Rocket By 40%
 

BTL Repossessions Rocket By 40%

There has been an astonishing 40% rise in the number of buy to let repossessions, official figures reveal.

According to the trade body UK Finance, the number of properties owned by private landlords that were reposses

     
Posted by on 05/12/2019 12:42:51
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What impact has the tenant fee ban had?
 

Ever since the autumn statement in 2016, the potential impact of the tenant fee ban has received widespread coverage. While many tenants were positive about the changes it did present the prospect of a major change for the letting agents.

<

     
Posted by on 25/11/2019 17:34:13
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Positive outlook for the Student Accommodation Sector
 
The student accommodation sector remains vibrant, with a positive long term outlook.

This is driven by continued strong demand for university places. This year 560,000 students applied for a place at a UK University. This was the first increase for

     
Posted by on 25/11/2019 16:06:00
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Rents across UK Continue To Rise
 

Rents across UK Continue To Rise

Rents being paid across the UK in the private rental sector continued to rise in October, data reveals.

The index published by HomeLet highlights that the average rent now being paid per calendar month is 953. That'

     
Posted by on 21/11/2019 15:37:03
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Landlords Call For Dedicated Housing Courts
 

Landlords Call For Dedicated Housing Courts

Landlords are calling for dedicated housing courts because they are facing longer times in getting their repossession case judgements processed, figures reveal.

Government statistics highlight that it can

     
Posted by on 21/11/2019 15:31:26
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Landlords at Growing Risk Of Subletting Scams
 

Landlords at Growing Risk Of Subletting Scams

Landlords and agents are being urged to visit rental properties on a regular basis in a bid to avoid the growing risk of subletting scams.

The warning comes from No Letting Go, an inventory service provi

     
Posted by on 21/11/2019 15:27:27
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Big rise in overseas-based BTL landlords
 

Big rise in overseas-based BTL landlords

There has been a sharp rise in the number of overseas-based buy to let landlords, figures reveal.

The findings from Hamptons International highlight that the proportion of homes being let by a landlord based

     
Posted by on 21/11/2019 15:16:22
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Towns and cities with rental home shortages revealed
 

Towns and cities with rental home shortages revealed

A survey has revealed the areas in the UK with the most serious rental home supply shortages.

The research was undertaken by lettings platform Howsy and they found that Newport in Wales is the ci

     
Posted by on 21/11/2019 14:41:29
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Landlord confidence hits all-time low
 

Landlord confidence hits all-time low

Landlord confidence across the country has reached an all-time low over prospects for their lettings business, research reveals.

The National Landlords' Association (NLA) says that just 28% of landlords say that

     
Posted by on 21/11/2019 14:32:36
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Landlord Numbers Opting For Limited Companies Rockets
 

Landlord Numbers Opting For Limited Companies Rockets

The number of landlords who say they are planning to use a limited company for making their next buy to let investment has rocketed, research reveals.

The findings from Foundation Home Loans foun

     
Posted by on 14/11/2019 10:23:02
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Cash Available To Tackle Rogue Landlords
 

Cash Available To Tackle Rogue Landlords

Local councils in England have been handed an extra 3.8 million to help pay for a crackdown on rogue landlords.

The funding has been made by the Ministry of Housing, Communities and Local Government.

     
Posted by on 14/11/2019 10:16:45
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Landlord Regulations Rocket By A Third
 

Landlord Regulations Rocket By A Third

The number of regulations affecting landlords has risen by a third since 2010, new research reveals.

According to the Residential Landlords' Association (RLA), the number of new laws that created an obligation

     
Posted by on 14/11/2019 10:13:10
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Most tenants happy renting their home
 

Most tenants happy renting their home

Research reveals that 75% of tenants say they are happy renting their home.

The findings come from Landbay which highlights that just 25% of tenants are interested in buying their own home in the near future.

     
Posted by on 14/11/2019 10:09:41
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Rents Continue Rising But At A Slower Pace
 

Rents Continue Rising But At A Slower Pace

Landlords around the country say that rents are continuing to rise but at a slower pace, one index reveals.

According to Arla Propertymark, September saw a slight drop in the number of tenants who experienc

     
Posted by on 14/11/2019 09:51:03
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Landlords Leaving Market Creates A 'Crisis'
 

Landlords Leaving Market Creates A 'Crisis'

Growing numbers of landlords who are exiting the market are creating a housing supply crisis, research reveals.

The findings from the Residential Landlords' Association (RLA) found that 25% of landlords wh

     
Posted by on 14/11/2019 09:35:35
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The Best - And Worst - Buy To Let Areas Revealed
 

The Best - And Worst - Buy To Let Areas Revealed

The best areas in the UK for landlords wanting the best yielding buy to let properties - and to avoid the worst areas then two new surveys will help.

According to TotallyMoney, landlords wanting the

     
Posted by on 24/10/2019 10:59:27
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Rents Rise - And Will Do For Five Years
 

Rents Rise - And Will Do For Five Years

Landlords around the country are seeing rents rise because tenant demand is so strong - and this will continue for the next five years.

That's the startling prediction from the Royal Institution of Chartered S

     
Posted by on 24/10/2019 10:46:09
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UK's Landlords Look To Begin Portfolio Sell-Off
 

UK's Landlords Look To Begin Portfolio Sell-Off

Despite some regions seeing big rent rises, it appears that 24% of landlords are looking to sell at least one of their rental properties in the near future.

The findings from Rightmove questioned landl

     
Posted by on 24/10/2019 10:30:26
Read More

     
Rent Rises Boost Rental Market For Landlords
 

Rent Rises Boost Rental Market For Landlords

Landlords will be pleased to hear that further rent rises have been recorded to help boost the attractiveness of the rental sector.

According to the latest index from HomeLet, the average rent now being p

     
Posted by on 17/10/2019 11:44:09
Read More

     
'Accidental Landlord' Numbers Plummet
 

'Accidental Landlord' Numbers Plummet

The proportion of accidental landlords in the UK has fallen for this first time in five years.

The findings from real estate firm Hamptons International reveals that 7%, or one in 14 properties, that are being

     
Posted by on 17/10/2019 11:19:09
Read More

     
Best Places For Btl Landlords To Invest In Next Year
 

Best Places For Btl Landlords To Invest In Next Year

For those landlords wanting to know where the best places in the UK are for investing in property during 2020, then a new survey reveals all.

According to SevenCapital, they point to Birmingham as

     
Posted by on 17/10/2019 11:08:29
Read More

     
Landlords 'Urgently Need' New Housing Court
 

Landlords 'Urgently Need' New Housing Court

Landlords urgently need a new housing court to deliver justice for them and their tenants, an organisation warns.

The Residential Landlords' Association (RLA) says that a properly funded housing court is n

     
Posted by on 10/10/2019 17:27:12
Read More

     
As Landlords Exit, Btr Will 'Thrive'
 

As Landlords Exit, Btr Will 'Thrive'

With growing numbers of individual buy to let landlords exiting the market, build to rent (BTR) is predicted to grow dramatically in the UK.

That's the verdict from property management firm Apropos who say that t

     
Posted by on 10/10/2019 17:21:04
Read More

     
Time-Wasting Tenants Are A Distraction For Landlords
 

Time-Wasting Tenants Are A Distraction For Landlords

One-in-four landlords say they have been plagued by time-wasting tenants with nonsensical complaints, including the changing of a light bulb, research reveals.

The findings from The Mortgage Lende

     
Posted by on 10/10/2019 17:17:21
Read More

     
BTL Landlords Hit By Tough Tax Rules
 

BTL Landlords Hit By Tough Tax Rules

More than half of the country's buy to let landlords say they've been hit by stricter tax rules, a survey reveals.

The findings from Fitzrovia Finance, a secured property lender, found that 54% of landlords say t

     
Posted by on 10/10/2019 17:04:41
Read More

     
BTL Investors Have A Brexit 'Wait And See' Policy
 

BTL Investors Have A Brexit 'Wait And See' Policy

Most buy to let investors in the UK are adopting a 'wait and see' policy as the Brexit deadline gets closer, one survey reveals.

The research highlights that more than one in three of those who have

     
Posted by on 10/10/2019 16:50:42
Read More

     
Tenant Demand Leads To Rent Rise Record
 

Tenant Demand Leads To Rent Rise Record

Growing tenant demand means that more renters are experiencing rent increases which are now at their highest ever, one analysis reveals.

The findings from Arla Propertymark show that across the UK, the number

     
Posted by on 10/10/2019 14:06:21
Read More

     
Landlords Spend 12k On Refurbishment
 

Landlords Spend 12k On Refurbishment

The amount landlords spend on refurbishing a rental home has seen the quality of properties in the private rental sector improving drastically over the last 10 years, one report reveals.

InterBay Commercial foun

     
Posted by on 03/10/2019 14:11:52
Read More

     
Most Tenants Happy To Live In Rented Homes
 

Most Tenants Happy To Live In Rented Homes

Most tenants, particularly older renters, say they are happy to live in rented accommodation, a new survey reveals.

According to Landbay, they found that just 42% of those who rent are interested in buying

     
Posted by on 03/10/2019 13:59:04
Read More

     
Warning Over Inventory 'Misuse' For Landlords And Tenants
 

Warning Over Inventory 'Misuse' For Landlords And Tenants

A campaign is to be launched in a bid to stem the rising issue of inventory misuse so all inventory reports are checked within a week by those receiving them.

The bid is being made by the Ass

     
Posted by on 03/10/2019 13:54:45
Read More

     
ARLA Calls For Government Crackdown On Rogue Agents
 

ARLA Calls For Government Crackdown On Rogue Agents

One leading letting agents' organisation is calling on the government to get tough with a clampdown on rogue letting agents in the country.

Arla Propertymark says that more could be done after a wa

     
Posted by on 25/09/2019 15:55:12
Read More

     
Average Rents Rise By 2.3%
 

Average Rents Rise By 2.3%

The average rents being paid by tenants in the UK grew by 2.3% in the year to August, new figures reveal.

The findings from Hamptons International show that the average rent for a new property being let is 998 per month.

     
Posted by on 25/09/2019 15:38:19
Read More

     
Average Btl Landlord Makes Just 2k Profit
 

Average Btl Landlord Makes Just 2k Profit

The average buy to let landlord in the UK is making a profit of just over 2,000 a year, one lettings platform reveals.

The findings from Howsy highlight that a landlord with an annual return of 13,000 wil

     
Posted by on 25/09/2019 15:23:49
Read More

     
Call To Urgently Reform Courts For Landlords
 

Call To Urgently Reform Courts For Landlords

One landlords' organisation is urging the government to bring forward plans for court reforms to help landlords repossess a property more easily.

The Residential Landlords' Association (RLA) says it now t

     
Posted by on 25/09/2019 15:05:20
Read More

     
Half Of Landlords Looking To Use Limited Companies
 

Half Of Landlords Looking To Use Limited Companies

More than half of landlords in the UK say they are looking to use a limited company when buying their next property, a survey reveals.

The research from Precise Mortgages found that more than half o

     
Posted by on 25/09/2019 14:59:48
Read More

     
Best UK Universities For Rental Yields
 

Best UK Universities For Rental Yields

The best universities in the UK for high rental yields have been revealed.

According to a survey by one flat-sharing website, the best yields for buy to let investors is to buy a student property close to the

     
Posted by on 25/09/2019 14:49:11
Read More

     
Exodus Of 'Fed-Up' Landlords Predicted
 

Exodus Of 'Fed-Up' Landlords Predicted

A massive exodus of buy to let landlords from the rental sector is getting close as they become increasingly fed-up with the hostile environment created by the government.

In a survey carried out by insurer LV=

     
Posted by on 25/09/2019 14:39:46
Read More

     
Rogue Tenant Eviction Costs Can 'Cripple'
 

Rogue Tenant Eviction Costs Can 'Cripple'

When it comes to evicting a rogue tenant, landlords are facing costs that can be 'crippling'.

That's the verdict from letting agents Benham and Reeves who looked at how much the financial impact an eviction

     
Posted by on 25/09/2019 14:27:55
Read More

     
Landlord Confidence In The Uk Hits New Low
 

Landlord Confidence In The Uk Hits New Low

The confidence of landlords in the UK has reached a new low with just 29% saying their business expectations are 'good' or 'very good'.

The findings from the National Landlords' Association (NLA) are at the

     
Posted by on 17/09/2019 17:17:59
Read More

     
PRS Avoids Its Summer Slowdown
 

PRS Avoids Its Summer Slowdown

The number of new rental home listings in Britain grew by 8.5% in July, defying the sector's usual summer slowdown, research reveals.

The Agency Express Property Activity Index also reveals that the volume of propertie

     
Posted by on 17/09/2019 17:12:41
Read More

     
Tenants Forced Into Arrears By Universal Credit
 

Tenants Forced Into Arrears By Universal Credit

Growing numbers of tenants are falling behind with their rent because of Universal Credit, research reveals.

The findings from the Residential Landlords' Association (RLA) highlights that over the past

     
Posted by on 17/09/2019 17:02:16
Read More

     
UK Landlord Confidence Plummets
 

UK Landlord Confidence Plummets

The confidence among landlords in the UK has reached a record low, a survey reveals.

According to a survey from BVA BDRC, a landlord's confidence in capital gains from their property investments has fallen from 32% in

     
Posted by on 17/09/2019 16:52:40
Read More

     
Labour Slammed For Discounted Rental Home Buying Plan
 

Labour Slammed For Discounted Rental Home Buying Plan

Plans by the Labour Party that could see tenants being offered the opportunity of buying their rented home at a discount have been slammed by landlord organisations.

The Shadow Chancellor John Mc

     
Posted by on 16/09/2019 15:26:56
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1 In 4 Rental Homes Fail Standards
 

1 In 4 Rental Homes Fail Standards

Around one in four private rented homes are failing to meet the Decent Homes Standard, a survey reveals.

The research from VeriSmart highlights that the national guidelines cover hazards which means millions of peo

     
Posted by on 16/09/2019 15:16:00
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Most Landlords Are Committed To The BTL Sector
 

Most Landlords Are Committed To The BTL Sector

The majority of landlords are committed to the country's buy to let sector and want to increase or maintain their number of properties over the next year, a report reveals.

According to The Mortgage L

     
Posted by on 16/09/2019 15:00:06
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