Just 100 landlords have been banned in Scotland in the last five years after the introduction of a compulsory registration scheme that has so far cost £17.4m.
Criminal landlords, ‘rip off’ letting agent fees and longer tenancies all took centre stage in a House of Commons debate on Wednesday.
Lenders may have to rethink their attitudes towards standard tenancies and change their terms and conditions on buy-to-let mortgages, their trade body has said.
One in ten properties in the UK is delivering gross rental yields of 10% or more, while average yields across the country are 6.2%.
An MP has presented his ten minute rule Bill on energy efficiency in bedsits.
Tenants in London are paying rents that are 132% higher, and in some cases 223% more, than in the North-East.
Landlords have been warned not to try and make false economies by saving on their insurance premiums.
A Labour MP is due to table a Private Member’s Bill tomorrow, forcing landlords of bedsits to have to get Energy Performance Certificates.
An inventory provider is offering a 30-day free trial of its services.
Gumtree has announced the launch of its first official app for Android in the UK, meaning that users who use the site for rental properties and homes for sale will have access to some 200,000-plus property listings on their smartphones.
More landlords are remortgaging compared to 12 months ago, with some being forced by their existing lenders to find their funds elsewhere, although some are also remortgaging in order to expand their portfolios.
David Cameron has firmly rejected rent controls, saying that imposing what private landlords could charge tenants could wreck the sector. Instead, he has said that the private rented sector needs more competition.
