According to the housing charity Shelter, families need to earn in excess of  £52k per annum to afford to rent a two bed home in London. The cost of renting in London was analysed during Shelter’s “Homes for London” campaign, and found that in order to afford a two bed property, a family would need…

In a recent poll of ARLA members, in excess of 40% of landlords have reported that their tenants have struggled to meet their rental payments in the 6 months running up to March 20120. The result, according to ARLA, is that more and more tenants are trying to negotiate  a reduction in rent with landlords….

Paragon Mortgages have comissioned a report by independent researchers, BDRC Continental, to identify where rental yields are highest. And the results? Well, according to the survey of in excess of 500 landlords (some of whom were Paragon Mortgage and Mortgage Trust customers), landlords in the North West of the UK have been attaining average yields…

Terence McBride, a landlord from Wigan, has been prosecuted for falsifying a gas safety certificate. The Health and Safety Executive (HSE) took legal action against the landlord after discovering that the dates on his gas safety certificate had been altered to make it appear that it was still valid. The tenant of his property had…

According to the latest index from Mortgages for Business, the rental yields for complex buy to lets reached their highest level in the first quarter of 2012, at 10.7% per annum. Complex buy to let’s include investments such as Houses of Multiple Occupation (HMO).  The index has shown that the complex BTL market place continues…

According to mortgage brokers, the buy-to-let boom is set to continue, with landlords predicted to buy more properties in 2012. Interestingly the number of first-time investors in this sector is also growing, with newbie landlords making up around 23% of the buy-to-let market. While life is still tough for first-time buyers and home owners, with…

Concerned by the cost of living in London, Ken Livingstone is making some big pledges in his 2012 Manifesto for the London Mayoral elections on May 3rd. Amongst other things, he promises to “establish an all-London non-profit making lettings agency which, by cutting out Estate Agents’ profit, will help reduce rents and provide secure tenancies” and to campaign for a London Living…

The Office of Fair Trading (OFT) has now given clearance for the proposed merger of Zoopla with Digital Property Group to go ahead. Digital Property Group is the umbrella for some of the biggest property websites, including Prime Location, Find a Property and Globrix. The transaction is expected to complete within the next few weeks…

Savills and rightmove have teamed up to produce a special “Rental Britain” report.  Here we provide a summary of the findings. The total value of private rented stock in the UK reached £840 billion at the end of 2011, a rise of 42% in only 5 years.  That equates to in the region of 4.8…

A woman who owns a number of properties in Basildon which she rents to vulnerable families has been given community service for failing to keep their gas appliances well maintained and safe. Investigations by the Health and Safety Executive (HSE) found that Onyemauche ‘Fidelia’ Peel, 49, of Thamesmead in London, had not been ensuring Landlords’…