Rentguard Videos
June 22, 2017

Landlords call for scrapping of Right to Rent

  The Residential Landlords Association is calling on the government to scrap the Right to Rent scheme, which was brought into effect late last year. It requires that all buy-to-let property owners check the immigration status of their tenants; but now many landlords are highlighting some key failings of the scheme.

Accidental damage ‘a real issue’ for landlords

June 8, 2017

  Landlords are facing a growing number of issues with tenants causing accidental damage to their rental properties. Figures published by Lloyds Bank show that as many as one quarter of all UK landlords now face this problem.

Landlords and tenants ‘do get along’

May 30, 2017

  New research has highlighted the positive relationship that many landlords across the UK now enjoy with their tenants. Figures show how the myth that landlords and tenants cannot get along is simply that.

Ensure proper permissions before renovation

May 10, 2017

  Landlords and property owners across the country should ensure they are taking all necessary steps to secure permissions for any renovation works they make to their homes. New research has highlighted a significant proportion of people who carry out property improvements without first thinking of the legalities of their planned renovations.

New measures to tackle ‘unfair’ letting fees

April 26, 2017

    The Department for Communities and Local Government has published a new whitepaper, which sets out plans for delivery of a “fairer deal” for renters and landlords. Aimed at exposing and tackling the problem of hidden charges, the new measures will bring to an end the practice of charging upfront payments that can be difficult to afford. Agents will also be banned from double charging tenants and property owners for the same service, while a ban is being placed on letting agent fees being charged to tenants by landlords and other third parties.

Average UK rents dip

March 16, 2017

There has been an annual drop in rents in Britain for the first time in six years. This is according to new figures from Countrywide, which show there has been a small dip in the average rent across Britain. In February this figure stood at £921 per month, down by £5 on February 2016.

Affordability in cities ‘worst in a decade’

March 1, 2017

  New research published by Lloyds Bank has revealed that affordability for home buyers in some of the UK’s biggest cities is now at its worst level in almost a decade. According to the lender, average city house prices have risen faster than average earnings for buyers during the last five years, with the typical home now costing more than seven times the average salary. It means there has been a dramatic downturn in affordability, with 2017 witnessing the worst levels across the UK since 2008.

Govt announces ambitious housing plans

February 15, 2017

  The Department for Communities and Local Government has unveiled new plans aimed at tackling the nation’s housing issues once and for all. A new government whitepaper has set out a range of measures aimed at addressing the current dearth of housing that is being seen in many parts of the country, with a focus on ensuring appropriate, affordable homes for many of the nation’s most vulnerable groups. Those on lower incomes, renters, the disabled and older people all currently face difficulties in finding a home and this new release hopes to address this problem.

Mortgage activity held steady in 2016

February 1, 2017

  New figures from the Council of Mortgage Lenders have highlighted the stability of the UK mortgage sector in 2016, both for home purchases and buy-to-let. According to the CML’s latest data, December saw a year-on-year rise in gross mortgage lending of four per cent – achieving a total of £20.4 billion in borrowings during the month.

Rental costs rise at slowest rate for 7 years

January 18, 2017

UK rental costs rose at their slowest annual rate in the last seven years during 2016. Indeed, new figures compiled by lettings network Countrywide showed a 1.6% annual rise in rental costs across the country last year. This represents the smallest increase in annual costs for the sector since 2009 and means the average UK rent now stands at £927 per month.

Housing market growth forecast for 2017

January 4, 2017

  The UK housing market is forecast to undergo further growth in 2017. According to new forecasts from Halifax, slower economic growth this year will likely lead to a squeeze on house price increases. That said, the lender has forecast an increase of between one and four per cent in average property values across the UK by the end of the coming year.