NLA
-
Housing Market
Landlords see rise in tenant demand
Almost half of landlords in this country are reporting an increased demand for rental properties, according to the latest research by the National Landlords Association (NLA). Some 40 per cent have experienced a rise in tenant demand over the past three months, demonstrating just how important the private rented sector is in housing a growing number of people, the NLA said. The East of England witnessed the biggest net growth in tenant demand with a 48 per cent increase. This was closely followed by the South West – with 45 per cent increase – and the South East and outer London – with 41 and 40 per cent respectively. According to the research, just six per cent of landlords, on average, reported a decrease in tenant demand in the last three months. Landlords in the North East reported the largest net decrease in tenant demand of all the regions with a 15 per cent decline in demand, closely followed by 12 per cent in Wales and Yorkshire and 11 per cent in the North West. The research conducted by the NLA also found that 5 per cent of landlords will sell up following the Government’s plans to remove mortgage interest…
Read More » -
Housing Market
NLA slams CAB report
A new report which claims that landlords earn in the region of £5.6 billion a year from unsafe homes which fail to meet legal standards has been slammed by the National Landlords Association (NLA). The Citizens Advice study report, A Nation of Renters, says 740,000 households in England now reside in privately rented homes which present a severe threat to tenants’ health from problems like rat infestations and damp. Gillian Guy, Chief executive of Citizens Advice, said, “Rogue landlords are putting profits before safety.” The Government is planning to give councils new powers to tackle unscrupulous landlords which own homes with a category 1 hazard, as part of number of proposals to be tabled in a new Immigration Bill. The details of the Bill, which will be a central part of the new Government programme will be announced in the Queen’s speech this week. “The Government has rightly said it wants to tackle the country’s housing crisis – it must make targeting dodgy landlords, giving tenants better rights and driving up standards a major part of that effort,” Guy added. But while recognising that bad practice does exist in private housing, “and that it needs to be stamped out”, Richard…
Read More » -
Associations & Bodies
The competitive edge
Sheila Manchester met UKALA, a professional body that offers letting agents some unique benefits.
Read More » -
Features
Green leases
Increasingly commonplace in the commercial sector, there is agitation in some quarters around how Green Leases might be applied in the residential sector, writes Gordon Miller.
Read More »
