Great Yarmouth Council is implementing a selective licensing scheme aimed at improving housing standards, with a £694 fee for landlords. The council claims that such fees will not lead to increased rents, despite concerns from the landlord community.
Recent data highlights a significant rise in house prices across England and Wales, particularly in the North, which may reshape landlord investment strategies and market dynamics.
Surrey Council is cracking down on new houses in multiple occupation (HMOs) as part of an ongoing effort to regulate the rental market. This move raises critical considerations for landlords navigating the evolving legislative landscape in the region.
A council is hosting a forum for private landlords to discuss the implications of the Renters Rights Act, aiming to enhance compliance and tenant service standards.
Great Yarmouth Council has approved a new selective licensing scheme set to cover 5,000 private rental properties. This initiative aims to address health hazards and overcrowding, expanding upon a previously limited scheme.
New analysis reveals that properties near high-performing schools are commanding significant premiums, presenting landlords with opportunities for improved rental yields and lower vacancy rates.