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Some tenants will live in Airbnb-style short lets post-Covid – claim

By |2021-01-19T10:05:47+00:00January 19th, 2021|Company News|

Some tenants will spend years living in temporary Airbnb-style short let accommodation after the Coronavirus crisis ends, a lettings platform claims. The online service Accommodation says many businesses are dispensing with traditional offices and the attraction of living in a city is starting to diminish, thus leading many tenants have a...

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Landlords urged to switch to smart meters as tenants spend time at home

By |2021-01-19T10:05:51+00:00January 19th, 2021|Company News|

A leading utilities supplier to the rental sector says landlords should consider switching to smart meters, as tenants spend more time at home because of Coronavirus restrictions. Alex Black, sales and marketing director at Glide Utilities, says smart metering allows energy usage to be monitored and sent straight to the supplier without...

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One in six landlords unaware of mortgage tax relief phase-out – claim

By |2021-01-19T10:06:01+00:00January 19th, 2021|Company News|

A survey conducted for a mortgage broker suggests one in six landlords is unaware that 2019-2020 - tax assessments for which are due this month - is the last time they can deduct mortgage expenses from rental income. Since April 2017 the amount of mortgage interest payments landlords have been able to...

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Brexit and Coronavirus give short-term hit to London rental market

By |2021-01-19T10:05:57+00:00January 19th, 2021|Company News|

Figures from investment consultancy London Central Portfolio show how vulnerable the capital’s rental market is to Brexit and Coronavirus - but also suggest a way forward once travel restrictions lift. In LCP’s latest report it says that EU nationals made up 43 per cent of new tenancies in 2020. Italy and France led the...

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Landlords rush to incorporate – record numbers last year, says agency

By |2021-01-19T10:05:54+00:00January 19th, 2021|Company News|

New research suggests there’s been a rush amongst landlords to set up companies through which to manage or purchase buy to let properties.  Research by lettings agency Hamptons shows that during 2020 some 41,700 new buy to let limited companies were formed - a record for a single year and an...

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City centre rental premium quantified – but how long will it last?

By |2021-01-19T10:05:30+00:00January 19th, 2021|Company News|

A survey by a personal finance service has identified the traditional premium for a city centre rental property, and attempts to quantify savings a tenant could make by moving further away. Thinkmoney claims the average UK city centre tenant can save £225 per month, or £2,700 per year, by moving just four to...

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Beat Lockdown! Big surge in tenant moves in London, says agency

By |2021-01-19T10:05:33+00:00January 19th, 2021|Company News|

The number of tenants that moved home in London in December was double that of December 2019, according to an agency chain in the capital. Chestertons says its December 2020 performance was its busiest on record for that month. With 88 per cent more rental properties available compared to 2019 and with...

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London council wants to double the size of HMO licensing regime

By |2021-01-19T10:05:42+00:00January 19th, 2021|Company News|

Lambeth council is consulting agents, landlords and others on its latest licensing proposals for Houses in Multiple Occupation. The new proposals would see licensing for all HMOs in the borough - if introduced, the move would double the size of its existing scheme. “The aim is to ensure that tenants living in...

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34-storey block of flats set to dominate new Build To Rent scheme

By |2021-01-19T10:05:38+00:00January 19th, 2021|Company News|

A Build To Rent scheme of 322 flats will include a 34 storey tower, it’s been revealed. Developer and property management firm Watkin Jones says it has acquired the site for the scheme in Lewisham, south London; in addition to the BTR units there will be 43 affordable apartments, plus what...

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Breathing Space law will halt landlords seeking arrears or eviction

By |2021-01-18T10:04:26+00:00January 18th, 2021|Company News|

The government has set out details of its new Debt Respite Scheme - also known as Breathing Space - which comes into effect in May. This will give someone in 'problem debt' the right to legal protections from being chased up by creditors - and as this applies to the rental...

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