In the past two years, the UK rental market for rooms and house shares has experienced consistent increases. However, recent data shows that these rises are beginning to slow, suggesting a stabilisation that may bring relief to renters.
Continue reading Room Rental Yields Stabilising After Two Years of Significant IncreasesCategory: News
Update on the Renters Rights Bill
As largely anticipated, the Renters’ Rights Bill has smoothly passed its second reading in the House of Commons on 9th October. thanks to Labour’s huge majority.
This happened less than a month after the Bill was first introduced and within the first 100 days in office of the new government. The Bill delivers on the government’s manifesto commitment to swing power to renters, with the figurehead reform being the abolition of Section 21 evictions across new and existing tenancies at the same time.
Continue reading Update on the Renters Rights BillLifeboat Lettings Announces Acquisition of Kearsney Property Services
We’re excited to announce a major development in our journey at Lifeboat Lettings! As part of our growth strategy, we’ve officially acquired Kearsney Property Services, a well-established lettings agency based in Dover, Kent. This acquisition allows us to expand our services and strengthen our presence across the county, bringing Lifeboat Lettings’ expertise to even more landlords and tenants in Kent.
Continue reading Lifeboat Lettings Announces Acquisition of Kearsney Property ServicesRenters’ Rights Bill – What You Need to Know
The Government has recently confirmed details of its much-anticipated Renters’ Rights Bill, including the abolition of Section 21 notices and bans on rental bidding wars, among other proposals.
Continue reading Renters’ Rights Bill – What You Need to KnowUpdate on Mortgage Interest Rates and Projections
With a number of mortgage rate drops announced by major lenders in recent months – both before and after the base rate cut by the Bank of England to 5.0%, investors are understandably delighted. Leading lender Nationwide have actually dropped their five-year fixed rate to under 4% and other have now followed.
Continue reading Update on Mortgage Interest Rates and ProjectionsRenters’ Rights Bill vs Renters (Reform) Bill
The Renters (Reform) Bill was an important piece of legislation proposed by the former Conservative Government that was intended to improve the private rental sector.
Continue reading Renters’ Rights Bill vs Renters (Reform) BillEnergy efficiency: New targets announced by Labour
Ed Miliband, Energy Security and Net Zero Secretary, confirmed the plans last week that landlords have until 2030 to get their rented properties to an EPC ‘C’ rating.
Continue reading Energy efficiency: New targets announced by LabourRenting vs. Owning a Property in the UK: A Cost Comparison
The decision to rent or buy a home is one of the most significant financial choices many people will make in their lifetime. Both renting and owning a property in the UK come with their unique sets of costs, benefits, and drawbacks.
Continue reading Renting vs. Owning a Property in the UK: A Cost ComparisonWhat are the key differences between Statutory and Contractual Tenancy agreements?
In the UK, the legal landscape for renting residential property can be complex, with different types of tenancies offering varying levels of rights and obligations for both landlords and tenants.
Continue reading What are the key differences between Statutory and Contractual Tenancy agreements?General Election Update: Where do the Parties Stand on the Private Rented Sector?
With the general election less than two weeks away now and most details from their respective manifestos available, in this article we take a dive into where each party stands on the Private Rented Sector.
Continue reading General Election Update: Where do the Parties Stand on the Private Rented Sector?