Articles by Sally Walmsley
Do you rent out your properties unfurnished - or ready for tenants to move right in? Following a discussion on the furnished/unfurnished debate in our most recent podcast the NRLA is asking what you prefer to do for our next 'Big Question' feature in NRLA members' magazine, Property.
More than a quarter of a million homes in England are lying empty, despite record numbers of people being desperately in need of somewhere to live.
There are now 268,385 long-term empty homes in England - up 20% on the previous year - with Government figures showing the numbers have gone up in nine out of 10 council areas.
There is much debate about the impact of Covid 19 on our mental health, and landlords are no exception. NRLA research revealed 40 per centÂ of landlordsÂ surveyedÂ believe theÂ Covid 19Â pandemic has had a "negative or very negative impact" on their mental health.
NRLA training has added two new courses to its offering this new year, shining a spotlight on renovations and property auctions. The two courses have been devised by Henry Davis MBA a property trader of over 30 years and offer practical advice on both buying properties and getting them ready for tenants.
A new scheme being brought in this spring will ban banks and landlords from chasing tenants for unpaid debts, by offering them a period of time to try to find a solution to their financial problems.
The eviction ban in England has been extended for six weeks, in a move described as a 'sticking plaster' by landlords. Current restrictions were due to end on Monday. The NRLA says the move will do nothing to support landlords and tenants long term and what is needed is a comprehensive financial package, to allow tenants to continue to pay their rent without building unmanageable debt.
With England plunged into a new national lockdown landlords will be relieved to know, for the moment at least, there have been no new announcements that will directly impact the PRS. However a word of warning, there are likely to be further changes in the coming weeks, so be prepared.
More than half of private landlords have lost rental income as a result of the COVID-19 pandemic, according to new research published today. A third of landlords have also indicated that they were now more likely to either leave the market entirely or sell some of their properties.
It's fair to say most of us will be glad to see the back of 2020. However, a vaccine being rolled out and more on the horizon, the new year, for many, represents a new start and the hope of better things to come. While it is difficult to make predictions at any time, in the midst of a global pandemic, it's almost impossible. But with the new year just a couple of weeks away we have asked industry experts what they expect to see happen in the sector in 2021.
Vital rental homes could be lost if ambitious new energy efficiency rules are brought in by the Government, the NRLA has warned. While the association backs plans to reduce carbon in homes and improve energy efficiency in the sector, it says landlords will need support or they could take properties off the rental market altogether. It is now asking for a financial package for those landlords facing the biggest challenges.