by Dragana | Feb 12, 2021 | news
London boroughs accounted for eight in 10 local authorities with the highest rates of landlord possession claims, data from the Ministry of Justice shows. Newham had the highest rate of possession claims, 118 per 100,000 households, followed by Brent (115 per 100,000)... by Dragana | Feb 5, 2021 | news
The Bank of England’s Monetary Policy Committee has told the UK’s banks to prepare for negative interest rates within the next six months. While the Bank stressed this doesn’t mean negative rates are necessarily going to be put in place, policymakers want to be ready... by Dragana | Jan 29, 2021 | news
Private rents in some of the UK’s biggest city centres have fallen by up to 12% in a year but have risen sharply in parts of northern England as some tenants swapped an urban life for the suburbs, smaller towns and villages. Central London has been “hardest hit”, said... by Dragana | Jun 19, 2020 | news
Buy-to-let is currently a stable investment choice compared to commercial, offering a typical yield of 5%. The peer-to-peer lending platform looked at the average annual return on £500,000 across buy-to-let and commercial markets – a typical buy-to-let would return... by Dragana | Jun 19, 2020 | news
Landlords will need the support of letting agencies to ensure they have a comprehensive record of all arrears and communications with tenants, according to rental platform PayProp. Four in five agencies have seen the share of tenants in arrears grow since March.... by Dragana | May 29, 2020 | news
Mayor of London Sadiq Khan has warned that many of London’s private renters are facing imminent homelessness, unless the government acts to properly protect them from eviction. In March the government announced the suspension of evictions for three months to stop...