Despite recent progress for the Renters’ Rights Bill through Parliament, it seems the legislation will not come into effect until after the summer recess.
Read MoreTag: Buy-To-let
Renters’ Rights Bill — the end of fixed-term tenancies
All new tenancies in England will become open-ended periodic tenancies with a rent period not exceeding a month, with existing tenancies converted, too.
Read MoreHouse of Lords back amendment to Renters’ Rights Bill – “a welcome and sensible intervention”, says lawyer
The House of Lords yesterday backed an amendment to the Renters’ Rights Bill to require tenants keeping pets to pay an extra deposit to cover any damage to a rented property.
Read MoreLandlords continue to sell as 290,000 homes lost from the PRS
More than 290,000 homes have been lost from the private rented sector in England as more landlords are looking to sell than buy, according to a new report.
Read MoreDarlington and HTB launch new landlord mortgage products
Darlington Building Society has unveiled an improved buy to let mortgage range, raising the loan-to-value (LTV) limit from 75% to 80% and introducing five-year fixed-rate products.
Read MoreA third of landlords will stop investing in properties if rent caps come in – Landbay
Over a third of landlords have said they will stop investing in their existing properties if the government introduces rent caps proposed in the Renters’ Rights Bill, a survey found.
Read MorePortfolio landlords could save £8,500 by remortgaging – or risk costs soaring by £23,000
Buy-to-let landlords with multiple properties could save thousands by taking advantage of this year’s lower mortgage rates, but failing to refinance could see them hit with a £23,000 bill.
Read MoreRenters’ Rights Bill: Updates, timelines, analysis, & impacts (agent guide)
The Renters’ Rights Bill is likely to come into effect between Oct 2025-Jan 2026. Section 21 evictions will be abolished and all ASTs will become periodic.
Read MoreNew BTL mortgages offer favourable rates to best EPCs
Paragon Bank has bolstered its range of buy-to-let mortgages by launching limited edition two-year fixed-rate products.
Read MoreTax and red tape push landlords into flipping – financial experts’ stories
Finance experts suggest increasing numbers of landlords are turning to flipping – buying to redevelop and sell on – because of the attack on buy to let via increased regulation and taxes.
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