Landlord Investing

The government is today proposing to consult on scrapping Section 21, so-called  ‘no fault’, repossessions in the private rented sector in favour of improving the court system to ensure landlords can more speedily repossess properties through them in legitimate cases.

The average rent for a property in the UK grew by 0.96% in the year to March, as slow rents in London (0.57%) continued to weigh down on otherwise resilient rental growth in the rest of the UK (1.16%), Landbay has found.

Despite clouds of uncertainty hanging over the London market, there are still pockets of the capital like the E6 postcode in East London that offer rental yields as high as 5%, London sales and letting agent, Benham and Reeves has found.