arrears

New criminal offences for UK landlords over right to rent immigration checks

Controversial Right to Rent legislation in the UK has been upgraded from today with the introduction of tougher penalties for landlords and letting agents, including prison, if they fail to carry out immigration checks. The Right to Rent rules were introduced in February this year requiring all landlords or their letting agents to make immigration […] The post New criminal offences for UK landlords over right to rent immigration checks appeared first on PropertyWire . Continue reading

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Rents increases in England and Wales levelled off in October

Residential rent increases in England and Wales levelled off in October, with the average property being let for £900 per calendar month, down slightly from £907 in September. However, despite the slight drop in rents compared to last month, this is the second highest rent ever recorded by the buy to let index from Your […] The post Rents increases in England and Wales levelled off in October appeared first on PropertyWire . Continue reading

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Mortgage arrear rate in UK at 20 year low

The overall rate of mortgage arrears in the UK is still at a 20 year low with no change between the second and third quarters of 2016, the latest published data shows. According to figures from the Council of Mortgage Lenders some 0.84% of all mortgages recorded arrears, equivalent to more than 2.5% of the […] The post Mortgage arrear rate in UK at 20 year low appeared first on PropertyWire . Continue reading

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