Latest articles
Wales rent control consultation: Register for a working group event this July
Landlords in Wales are being urged to share their views on rent controls by registering for a working group event, organised by the Welsh Government. Six working groups have been set up as part of the consultation process for the Green Paper on Fair Rents and a Right to Adequate Housing, with private landlords and tenants invited to attend.
Wales: Housing Minister backs NRLA tax calls
The Welsh Minister for Climate Change, Julie James MS, has supported the need to review the way the private rented sector is taxed. Speaking at an event to launch the National Residential Landlords Association’s (NRLA) State of the Welsh Private Rented Sector report, the Minister said she would welcome ideas about how to ensure the tax system supports the provision of long-term homes to rent.
Landlords’ profits hit 16-year low
Landlords’ profits have hit the lowest rate since 2007 according to new research, with fears many could quit the sector for good. Average net profits for investors in the PRS dropped below 4% in the first quarter of this year, according to a report by property agent Savills, and are now at their lowest since 2007.
Dealing with common household pests
Summer is here and certain household pests can be common in warmer weather. This article covers best practice advice for landlords when dealing with pests.
Renters (Reform) Bill: Watch our webinars on demand
The Renters (Reform) Bill was published a month ago, setting out the Government's plans to fundamentally reform the private rented sector (PRS) in England. Following the publication of the Bill, the NRLA continues to campaign in these early stages of the Bill’s progression, on behalf of members.
How to kickstart your plans to own property overseas
NRLA partner Smart Currency Exchange share a guide on how to get started with investing in overseas property.
Wales update: what landlords need to know this week
Earlier this week, the Welsh Government opened a consultation on introducing rent controls in Wales. NRLA Head of Policy, James Wood, discusses this and the latest requirements around converted contracts here.
In Focus (2022, Qtr 4): The PRS, property markets and the economy
This consultation focuses on how landlords are responding to the current macro-economic malaise. The report contains an analysis of landlords buying, selling and adjusting rents. The results throw a new light on the motivations and behaviour of landlords - at odds with stereotypes and lazy assumptions often put forward. The results of this consultation challenges current policy thinking in the PRS.
Two large licensing schemes go live in Birmingham
Landlords in Birmingham are urged to check if their property requires a licence, after two large licensing schemes commenced this week.