Rental Realities

The property market continues to evolve – presenting both opportunities and challenges for landlords. This edition explores key trends – from promising investment hotspots to policy changes affecting the sector. We also highlight practical issues like managing mould, and the stabilising rental market – ensuring landlords stay informed and ready to adapt.

Positive Outlook for Property Investment. Legal & General, in partnership with UK pension scheme Nest, has launched one of the UK’s largest Build to Rent schemes in Wandsworth, South London. This development comprises over 1,000 units across 18 blocks and reflects a significant commitment to the rental market. Since 2016, Legal & General has invested over £3 billion in the Build to Rent sector, delivering more than 6,000 homes.

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The Scottish Housing Bill introduces rent controls and stricter regulations, sparking concerns that landlords may exit the market, reducing rental supply. Critics warn of broader implications for the UK’s private rental sector. With similar policies under discussion elsewhere, investors must stay alert to shifting regulations impacting property investments.

UTILITY OF THE WEEK: Property Checker. A great way to quickly find some key information about a property – whether buying for yourself or as an investment. Saving you time. Find sales history, meterage, EPC ratings and expiry, estimated utility costs and more. England and Wales.

Trends Among First-Time Landlords. Recent data indicates that first-time landlords are increasingly investing in Northern England, particularly in the North East and Yorkshire & Humberside. Factors such as lower property prices and attractive rental yields contribute to this trend. This shift suggests growing confidence in the rental market in these regions.

Who are M2P? Married2Property are a family-run property company that aims to build social good through property.

Addressing Mould in UK Housing. A recent report highlights that over 60% of UK residents have experienced mould in their homes. This issue spans various housing types and underscores the importance of proper maintenance and ventilation. Addressing mould proactively can enhance tenant satisfaction and property longevity. At least around half of mould-related problems in a property are down to tenant behaviours (such as not opening windows or blocking vents in conjunction with drying clothes indoors, not using extractor fans in kitchens and bathrooms and in the worst cases illegal overcrowding or subletting in the worst cases) and so it is also important to educate tenants on best practices.

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Encouraging Stability in the Rental Market. Rightmove’s latest survey indicates that while some landlords are selling properties, the trend is stabilising. The number of new rental properties entering the market remains steady compared to last year. This stability suggests resilience in the rental sector – offering opportunities for both current and prospective landlords.

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Song of the Week: 🎶 Don’t Lose Touch – Against Me!🎸

And Finally… Property negotiations: a friendly game where buyers and sellers pull together for a fair deal…

What do M2P do? Married2Property aims to create social good through by property – by housing more vulnerable groups of people – giving them a stable platform from which to try and improve their lot in life. We also offer Landlords competitive and hassle-free solutions for their property problems.