Property Industry News
All the latest stories...Over 10,000 homes are empty in the West Midlands
It has been found that more than 10,000 homes across the West Midlands have been empty and unfurnished for longer than six months, according to new government figures. This problem is most apparent in Birmingham, where there are 3,886 ‘long-term vacants’ across the...
Nearly a third of tenants think it’s ‘fair game’ to take landlords’ possessions
Close to a third of tenants in the private rented sector think that it’s acceptable to take items belonging to the landlord with them when they move out of their accommodation. Research by Direct Line for Business has shown that 30 per cent of tenants who have rented...
Tips to make sure your tenants stick to rules
It has been found that one in seven renters has broken one or more rules in their tenancy agreement, according to research by Direct Line. Tips for having abiding tenants These rules are vital for landlords as it gives them something to turn to should anything go...
Record high for number of deposit disputes
If you have ever been unsure on the importance of a property inventory, the latest government findings show that the number of tenancy deposit disputes reached its highest ever level in 2015-16. Figures released by the Department for Communities and Local Government...
Birmingham has one of the UK’s highest buy-to-let returns
Birmingham has been found to offer the third best rental yields of all UK university locations, according to new research. The analysis, undertaken by Property Partner, found that investors’ interest in student property expectedly peaks through the summer months....
Messy tenants are a big problem for landlords
When a tenant comes to leave a property, landlords are increasingly being left with dirty and poorly kept properties at the check-out stage. The latest data from the Tenant Deposit Scheme (TDS) has found that cleaning is responsible for 58 per cent of all disputes...