Most Landlords Still Profitable Despite Worries over Renters' Rights Act

Majority of landlords in profit but fears persist: Aldermore

Around 85% of landlords are still making a profit from their portfolios, new research from Aldermore has found. The survey reveals that 6% are making a loss, but many landlords are nervous about the future and the impact of the Renters’ Rights Act, which will… The post Majority of landlords in profit but fears persist: Aldermore appeared first on Mortgage Finance Gazette.

Most landlords still profitable despite worries over Renters' Rights Act

Landlords remain profitable ahead of the Renters’ Rights Act, according to new research commissioned by Aldermore.  The study found 85% of landlords made a profit from their portfolios, with only 6% reporting any loss.  Despite this, most are uneasy about the coming year. Three-quarters of landlords said the Act would have a negative impact on them personally, and 84% were confident it would harm the private rented sector more broadly. Jon Coope…

Aldermore finds 85% of landlords are still making profit

Around 85% of landlords are still making a profit from their portfolios, new research from Aldermore has found. The survey reveals that 6% are making a loss, but many landlords are nervous about the future and the impact of the Renters’ Rights Act, which will…The post Aldermore finds 85% of landlords are still making profit appeared first on Mortgage Strategy.

Council says Tower Hamlets may not be able to enforce renters’ rights – EastlondonlinesFacebookInstagramTikTokTwitterYouTube

Pic: Mike Bird via Pexels New protections under the nationwide Renters’ Rights Act could prove meaningless for tenants in Tower Hamlets, which has one of London’s largest private rental populations. Tower Hamlets council has warned that a funding shortfall may leave it unable to properly enforce the law, which comes into effect in May. But campaigners for tenants’ rights say that even enforcement failures won’t stop eventual improvement. Paul Sha