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Landlords

PRESS ARTICLE: Landlords banked £82,000 profit on each rental property sold in 2020

New research reveals that the typical landlord sold their buy-to-let property for £82,450 more than they paid for it in 2020, resulting in an average value increase of 42%, thanks to recent surge in house prices. According to estate agent Hamptons International, landlords benefited from an increase of £3,390 or 4%, compared to the average...

PRESS ARTICLE: Can Private Landlords Plug The Housing Gap For Social Tenants?

Recent research for the National Housing Federation and Crisis that was carried out by Heriot-Watt University reveals that 145,000 affordable homes should be built annually for the next five years, of which 90,000 a year should be for social rent. This is the lowest-cost housing that councils and housing associations provide, with rents tied to...

National Landlord Investment Show May 2021

The Mistoria Group MD, Mish Liyanage, will be presenting at the upcoming National Landlord Investment Show – Nationwide Online Super-Show. The event takes place on Wednesday 26th May. Mish’s presentation is entitled “Top Tips in Social Housing HMOs”. The event programme starts at 9:30am and Mish’s presentation is at 11:15am. Anyone who would like to…

PRESS ARTICLE: Benefits freeze will drive up rent arrears for landlords

The Government’s recent benefits freeze will leave tenants across Britain facing rent arrears of £1,000 (* Source: Observer newspaper analysis of Government data, March 2021). From April 2021, the government is freezing the amount of local housing allowance (LHA), so tenants will receive the same amount of money as last year, even though rents have…

Landlords: are you prepared for the EICR deadline?

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In July 2020, the Government introduced new Regulations on electrical safety standards in the private rented sector. They require landlords to have the electrical installations in their properties inspected and tested at least once every 5 years. Currently, this applies to all properties that were let from 1 July 2020, but from 1 April 2021…

PRESS ARTICLE: Landlords urged to accept more tenants on benefits

Despite housing benefit discrimination being confirmed as unlawful in a landmark court ruling last July, there continues to be a growing shortage of social housing and private accommodation for the homeless, individuals, and families claiming Universal Credit or Housing Benefit. A recent appeal was made from a social housing organisation working with Bridgend Council, to…

Now is the time to switch to a smart meter

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Smart meters use wireless networks to send data about your energy usage straight to the supplier, and they are becoming increasingly common in homes as a replacement to existing gas and electricity meters. There are many benefits to using a smart meter, and changes resulting from the pandemic have added to these. Because of this,…