Private rented sector tenants ‘face daily battle’

Many tenants in the private rented sector face a "daily battle"to meet payments, according to the director of policy and campaigns at homeless charity Shelter.Kay Boycott was commenting after a study by her organisation and the Money Advice Trust found that 1.3 million low-income households are struggling with their finances.Private landlords may be affected [...]

Student landlords ‘earn stable incomes’

Private landlords who draw up tenancy agreements for students and rent out property to those who go to university can earn a stable income from their endeavours.That is the view of one of the partners at real estate wealth management company Ingman Jones, Nick Harvey-Jones, who has said that renting to the student market is [...]

More private landlord LHA angst reported

A private landlord from Wales has added to the debate about the sustainability of the Local Housing Allowance (LHA) scheme.Moira Clarkson from Cwmbran told the Western Mail that she has encountered a number of problems since the LHA initiative came into play in April 2008.The property professional has rented out residences for the last four [...]

Income risk for private landlords in student market

Private landlords may be among those who are affected by the delay in students receiving their loans and grants this year.According to the Student Loans Company, there could be as many as 70,000 university goers still waiting for financial backing to aid their studies.Some students will need the government loan to pay their landlord rent, [...]

Landlords ‘expect growth in tenant demand’

A third of private landlords in the UK expect an increase in tenant demand for property in the new year, new research reveals.Mortgage provider Paragon indicates that those who rent out homes across the country are showing renewed confidence in their sector of the property market.Private landlords are also predicting that the value of their [...]

Reluctant private landlord numbers down

The number of reluctant private landlords operating in the UK during the third quarter of the year was down on the previous two three-month periods, the Association of Residential Letting Agents (Arla) has suggested.Some 60 per cent of Arla members' offices reported that property was being rented out instead of sold during the three months [...]

Renting out rooms ‘becoming more popular’

There has been a "lodger boom"in recent months, according to new research from Halifax.A study from Halifax Home Insurance has estimated that there are 970,000 people renting rooms from homeowners in this way.It has been suggested that financial concerns are behind the increase in the number of mortgage holders opting to collect landlord rent [...]

Landlords ‘showing more interest’in buy-to-let

New research from the Royal Institution of Chartered Surveyors has found that landlords are increasingly interested in buying property to let.In the three months to September, there was a two per cent increase in the number of surveyors who reported a rise - rather than a fall - in demand for buy-to-let property.Meanwhile, five per [...]

LHA ‘causing major problems’for some landlords

The Local Housing Allowance (LHA) scheme is causing some private landlords "major problems", it has been suggested.Editor of the LandlordZone website Tom Entwistle said that this is particularly the case for those who help vulnerable tenants as part of the programme.Problems have arisen since it was decided that the benefit money given to LHA tenants [...]

NLA issues landlord rent arrears warning

Private landlords should consider protecting their income by taking out insurance that covers them if tenants fail to pay rent.That is the view of David Salusbury, chairman of the National Landlords Association (NLA), who said that that the current economic situation suggests that now is an ideal time to think about securing such policies.His comments [...]