News - Page 14 of 841 - Grace Charles Investment

Rents and voids rise as advertised prices fall short

Rents climbed 4.6% in January compared to last year, reaching an average of £1,207 per property, according to the Goodlord Rental Index.
This jump from £1,154 in January 2024 signifies an acceleration in annual rent rises.

Cannabis farm in my rental property?

Hi everyone, I’ve recently found out one of my tenants has a cannabis farm in my rental property.
I’ve informed the police who have investigated and are due to attend.
The tenant has not really lived in the property.

Student cities and employment hubs top buy to let hotspots

Cardiff, Birmingham and Plymouth have emerged as prime locations for buy to let investment, according to Paragon Bank’s 2024 lending data.
It says that Cardiff’s CF24 postcode in Cardiff, encompassing Cathays and Roath, led the pack, attracting l…

Don’t call me a landlord?

Hello, Do you provide premises for residential or commercial tenants? If the answer is residential, then you are a housing provider.
Landlord is an archaic legal term which today is a misnomer. Some hundreds of years ago a landlord was lord of his land.

Tenancy agreement renewal under the Renters’ Rights Bill?

Hello, I hope someone here can give me some advice. I have a fixed term tenancy due to end in May and I normally approach the tenants about 3 months before to discuss renewal of the agreement etc.
Now with the Renters’

Short-Term Lending as a Solution

Years ago, bridging finance was considered a very expensive option, but bridging products are a lot cheaper and many savvy investors are turning to us, to know which lenders to turn to.
There are many ways in which short-term finance can be used as det…

Rumble with the Agents celebrates 10-year anniversary with two major events in London and Newcastle

Paul Shamplina’s renowned charity boxing event, ‘Rumble with the Agents’ is celebrating its milestone 10-year anniversary with two spectacular events this year. One in London on 19th June and, for the first time, a second event in Newcastle on 4th Dece…

Student paying year up front?

Hello, I have a question that hopefully someone can answer.
I have an overseas student tenant who is due to move into an HMO of mine in July. She has asked if she can pay the whole year up front.

Jeremy Corbyn calls for rent controls to prevent ‘excessive’ landlord profits

Jeremy Corbyn has called for the introduction of rent controls as part of broader reforms to address the rising costs faced by tenants in London.
The government claims its Renters’ Rights Bill, which includes measures such as banning section 21 …

Croydon cracks down on illegal HMOs

Croydon Council has escalated its efforts against unauthorised housing developments, particularly Houses in Multiple Occupation (HMOs).
In recent weeks, officers from planning enforcement and HMO teams inspected 21 properties suspected of being unaut…

Council warns tenants of costly ‘no win, no fee’ repair claims

A city council’s tenants are being urged to report their repair issues directly to the council, following a rise in ‘no win, no fee’ legal firms targeting residents.
A recent court case saw a tenant ordered to pay £7,964 in costs afte…

NRLA urges changes to the Renters’ Rights Bill in the Lords

A comprehensive briefing paper has been presented to the House of Lords ahead of tomorrow’s (Tuesday 4 February) Second Reading of the Renters’ Rights Bill to highlight its potential detrimental effects.
The National Residential Landlords …

UK house price growth slowed in January

The UK’s housing market saw a slowdown in price growth last month with an annual increase of 4.1%, a dip from December’s 4.7%, according to Nationwide.
It says that month-on-month, prices edged up 0.1% after seasonal adjustments.

Council accused of double standards over tenant evictions

A housing company linked to Labour-run Nottingham City Council evicted nine of its tenants last year, the Nottingham Post reveals.
This is despite the council previously calling for the abolition of Section 21 under the former Conservative government.

‘Rent in advance’ is not an accurate expression?

I am always frustrated by the expression ‘rent in advance’ which is now part of discussions around the Renters’ Rights Bill. Rent is due at the point of use, i.e. the day a tenant starts to ‘use’ the property on the date s…