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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

12 things buy-to-let landlords need to know in 2017

How new regulations have changed the buy-to-let market. [su_spacer] New data shows landlords are increasingly reluctant to buy property in recent months, following a raft of new regulations – but are you up-to-date with your obligations?[su_spacer] Statistics from the Council of Mortgage Lenders (CML) show property transactions are slowing and buy-to-let...

What does the public think about landlords?

Let’s face it - landlords have a bad reputation. While that reputation is largely undeserved, the landlord bashing articles often featured in the mainstream media would have the general public believe that more often than not, it is not without warrant. [su_spacer] From the minority of...

New government needs to focus on attracting BTL landlords

The new Tory-led government is being urged to reverse punitive tax policies affecting private landlords in order to increase much needed housing supply in the rental market by giving existing and prospective buy-to-let investors more reason to invest in the PRS.[su_spacer] The anti-landlord policies adopted by...

Possession Claims From Landlords Down 8 Per Cent

Incidents involving possession claims from landlords have fallen at all stages, marking the eighth quarter in a row that this has occurred.[su_spacer] Data from the Ministry of Justice has revealed that landlord possessions are seeing a steep decline. In the first quarter of this year, total...

Property investors wanted for new BBC One show

Are you a reputable landlord? Do you own 10 or more properties? [su_spacer] Boundless Productions - makers of Grand Designs and Escape to the Country - are making a documentary series for BBC One and are looking to feature landlords and property investors at the top...

Private landlords provide part of the solution to the housing crisis

With the number of households living in the private rented sector continuing to grow, significantly more rental homes are needed to meet ever-increasing demand, and the only way to achieve that is for the government to work closer with private landlords to boost housing supply,...

What would a letting agent fee ban mean for buy-to-let?

The number of UK landlords using letting agents has increased in the last six months, despite plans for letting agent fees to be banned, which would place further strain on buy-to-let investors.[su_spacer] New research from the National Landlords Association shows that the proportion of landlords in...

Insurance Premium Tax (IPT) Increases 1st June

On 1st June, the IPT, a tax on general insurance premiums, will increase from 10 to 12 per cent, meaning the tax has doubled in just 18 months. This increase will affect 27 million households, 17 million drivers and most businesses, potentially increasing their insurance...

Landlords raise rents as tax changes start to bite

Rental market outside the capital plateaus while London sees a 'large drop' in the supply of properties to rent, reports the Association of Residential Letting Agents. [su_spacer] [su_spacer] What’s the latest? [su_spacer] Tenants are – as predicted – bearing the brunt of recent tax changes, with landlords hiking rents...

How many bathrooms should a three-bed home have?

Estate agents reveal the perfect ratio of bathrooms to bedrooms and the value an en-suite can add to your property.[su_spacer] An overwhelming majority of estate agents (70%) reckon a three bed property should have two or more bathrooms to maximise its desirability, according to Direct Line...

Rent Even Stupider Wales

A major housing company in Wales has complained after a controversial landlord registration scheme failed to list it SIX months later, The Eye can disclose. [su_spacer] The housing firm has 400 properties across the UK, and completed the registration form for Rent Smart Wales (RSW) in November with the bank...

How Small Businesses Can Prepare For The Rise of Ransomware

Ransomware is a growth industry – and it's growing because it works. Attacks by hackers that lock up data unless a ransom is paid shot up an unbelievable 6000% worldwide in 2016 over the previous year. According to the FBI, hackers “earned” over a billion dollars in ransomware attacks...

Letting agent fees ban now promised in all three of the major manifestos

The Conservatives have pledged to bring in the ban on letting agent fees charged to tenants. It means that all three of the main political parties at Westminster would introduce the ban. While the Tory manifesto is detail-free on how “a Conservative Government will reform and modernise the...

Brand new service from NetRent

We are delighted to announce the launch of a brand new free service for landlords and letting agents looking to advertise their residential rental properties to let.[su_spacer] Lets Advertise offers all landlords and agents free online advertising of any type of residential rental property throughout the...

Home Office faces legal challenge over landlord immigration checks

Research suggests scheme encourages discrimination and foreigners and ethnic minorities.[su_spacer] The Government is facing a legal challenge over its policy of forcing landlords to conduct immigration checks on their tenants.[su_spacer] The so-called “Right to Rent” scheme was piloted in parts of the UK from December 2014 and came...

Landlords spend £3,632 a year on each property

But the amount they pump into the economy is set to be slashed as they cut spending to offset tax hikes.[su_spacer] The average landlord now spends £3,632 per year in running costs per individual property, before tax or mortgage interest, according to specialist mortgage lender Kent...

Buy-to-let landlords contribute £15.9bn a year to UK economy, study finds

Buy-to-let landlords currently contribute £15.9bn per year to the British economy through pre-tax spending on running their portfolios, which is more than double the estimated £7.1bn in 2007, owing to the rapid growth of the private rented sector and rising cost of acquiring property, according...