Lets Process in brief

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Lets Process is a unique management program for landlords, letting agents and local authorities in the UK. For more information please see Lets Process Explained.

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Latest Private Rented Sector News

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News and opinion about the UK Private Rented Sector

Universal Credit System Still Causing Concerns

Concerns about the Universal Credit system from councils, charities and landlords have been detailed in a document given to the government enquiry into the programme.   The Universal Credit system of benefits is due to be rolled out in weeks, and concerns are mounting that the new...

Private Landlords Face Rent Arrears From Universal Credit

Over a third of private landlords with tenants receiving Universal Credit say that they are now facing rent arrears, a figure that is up 10 per cent since last year.   According to data from a recent survey by the Residential Landlords Association (RLA) of approximately 3,000...

Two weeks until landlords face buy-to-let clampdown

Tougher lending rules for landlords come into force in two weeks – but what effect are they likely to have, and how can you prepare your investments for the changes? From the end of the month, the Bank of England’s Prudential Regulation Authority will start...

How to evict unwanted tenants

Evicting a tenant who has stopped paying the rent, damaged a property or broken the terms of a tenancy contract is much harder than many landlords realise. In many cases, you’ll have to go to court to regain possession of your investment, so it’s useful...

RICS warns new rules and tax changes will force out many landlords

Some 61 per cent of chartered surveyors believe there will be a net exodus of landlords over the coming year thanks to regulation and tax changes aimed at the sector. The Royal Institution of Chartered Surveyors asked its members whether there would be more landlords quitting...

When is the best time to sell a BTL property?

This year has seen record numbers of landlords selling their BTL properties, in response to regulatory changes and the economic uncertainty, post Brexit. Many landlords have exited the BTL market for good following the chancellor’s new taxation rules which have seen a 3% surcharge on stamp...

How can I evict my tenants wife when she is not a tenant?

This is a question to the blog clinic from Elliott (not his real name) who is a landlord. I’ve got a tenant who wants to terminate his contract, however, he’s confessed that 9 months ago under duress, he allowed his estranged wife to move back into the property...

Homes now more affordable in over half of local authority areas

House prices in more than half of local authority areas across the country are now more affordable than they were in 2007, new research has revealed. The analysis by Yorkshire Building Society found homes in 54% of local authority areas are more affordable due to wages increasing at...

Landlords urged to get on top of new laws to avoid being fined

With a raft of new laws introduced in recent years affecting those who own rental properties, Direct Line for Business is urging the UK’s 1.75 million landlords to brush up on their knowledge of the new legislation to avoid being stung by fines. New research by...

Property Supply On Rise As Landlord Numbers Decline

The number of landlords in the UK has declined somewhat, despite a rise in housing supply and in existing landlords adding to their portfolios. The fall in landlord numbers comes at the same time as rents have began to rise, up 1.6 per cent year on...

House prices still edging upwards according to Halifax index

House prices in June, July and August were a tiny 0.1 per cent higher than in the previous three months according to new figures from the Halifax - but they were 2.6 per cent higher than a year ago. “The annual rate of growth increased from...

The return of the Green Deal – are you ready for MEES?

Some good news is here for landlords and letting agents worried about the energy efficiency rating of their property – the Green Deal is back. There are around 27 million homes in the UK, of which most fall into categories C- and D- in the EPC...

Landlord numbers fall as buy-to-let regulation bite

While the number of landlords has fallen over the last two years there has been a rise in the supply of homes to rent, meaning landlords are expanding their portfolios. Since 2015 the supply of rented homes has increased from 4.9 million in 2015 to 5.1...