Reluctant landlord trend ‘slowly diminishing’

The so-called reluctant landlord phenomenon is slowly waning, according to the operations manager at the Association of Residential Letting Agents (Arla).Ian Potter said that the trend which saw people renting out their properties as opposed to selling them for a reduced price is "slowly diminishing".His comments came as Arla research showed that 80 per cent [...]

Notts private landlords ‘may need planning permission’

It has been proposed that private landlords in Nottingham must apply for planning permission if they are to set up houses in multiple occupation (HMO) for students and other tenants.According to the Nottingham Evening Post, the local council and some residents think this will reduce the number of HMO properties in certain areas of the [...]

Government ‘will rely on landlords’

The government will "end up relying on"those who buy property for investment purposes such as private landlords to provide people with places to live, it has been suggested.A statement published today by the National Association of Estates Agents (NAEA) has indicated that housing supply needs to match population growth in the UK - and [...]

Landlord services ‘play a vital role’

The private rented sector - and therefore private landlords - plays an important role in the housing industry, according to the operations manager at of the UK's professional letting bodies.Ian Potter from the Association of Residential Letting Agents (Arla) said that many agents have been looking to rental property to boost their business during the [...]

Rics responds to latest house price data

The latest property price data serves as a reminder that even though there has been positive housing industry news lately, "it is far from clear that prices have bottomed".At least that is the view of the Royal Institution of Chartered Surveyors (Rics), which released a statement this week on the back of the Halifax House [...]

Landlord advice for the summer

Now is a good time for private landlords to pay attention to making the gardens and outside spaces of their homes look good.Any property owners looking to market their homes to the private rented sector in the coming months would do well to follow this guidance because this is a particular requirement of renters in [...]

New minister for private landlords

The UK's private landlord population now has a new minister to deal with issues surrounding the private rented sector.Prime minister Gordon Brown's recent government reshuffle has resulted in Ian Austin replacing Iain Wright as the politician responsible for this particular area of the property industry.This move comes after the Association of Residential Letting Agents and [...]

Interest rates –have they affected rented sector?

Private landlords may have seen fewer people selling their houses to join the rental industry in the last few months, compared to previous periods of recession in the UK, it would appear.According to property website, the fact interest rates have been at record lows in this tough economic climate has stopped many people from [...]

A new landlord rent opportunity

Over the last few months, a new rental phenomenon has been gaining more and more coverage - letting out driveways.Whether private landlords see this as a lucrative way of using their properties is up to them, but a company involved in the new industry, Park Let, has claimed that up to £6,500 a year can [...]

Differences noted between male and female private landlords

Recent research from the National Landlords Association (NLA) has indicated that there are a few differences between the way male and female private landlords conduct their business.Apparently, women property owners are more likely to treat those who sign tenancy agreements with them as customers.In a statement released by the NLA, it was suggested that female [...]