Three-year tenancies to pile pressure on buy-to-let landlords

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Just last month tenancy fees were finally banned, while there are now talks to introduce three-year tenancies for extra. recent string of government changes to the buy-to-let sector have already.

For a few years, restrictions in the T&Cs of buy-to-let loans have been pointed to as one of the big barriers to increasing the availability of longer, family friendly tenancies. Until recently, most buy-to-let lenders required a standard Assured Shorthold Tenancy of 6 or 12 months.

Close examination of the consultation document on possible three year tenancies issued by the government suggest that it may want rent increases during a new 36-month standard term to have to be agreed and made clear up-front. Rents under a possible three year contract are mentioned in paragraphs 72.

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Leeds Building Society has launched a buy-to-let range. some of the pressure on landlords during an initial void period. He said: "When they first buy a property they might need to decorate or.

This writer (and landlord) says we need longer tenancies to protect renters and improve the reputation of landlords. There’s strong speculation that three-year tenancies could be introduced within the next few days and some landlords are worried. Not me. A report in The Sun claimed that the.

Landlords should not be able to take back their tenanted properties if they want to sell or move back in, or have the ability to evict tenants under Section 21 of the Housing Act, unless the tenants do not meet their legal obligations, is the view from pressure group Generation Rent.

Three-year tenancies to pile pressure on buy-to-let landlords The timing of the report therefore is rather auspicious given that the Government’s consultation on introducing minimum three-year tenancies in the private rented sector closed at the weekend, and landlords now await a decision with some apprehension.

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A RENTAL AGREEMENT is the contract between landlord and tenant.. The different types of tenancy that a landlord and tenant can enter into for the. The lease is often a written document but may be oral unless it exceeds a year in duration.. time (at least 3 weeks) and money, while the landlord's bills keep piling up.