rents

Plymouth identified as one of the retail success stories of SW

Plymouth has been identified as one of the success stories of the South West in adapting to the changing demands of modern consumers.

The town is one of just three out of 36 key locations in the region to enjoy retail rental growth during the 12 months to April 2016, according to the latest Midsummer Retail Report (MSRR) from real estate advisor Colliers International.

This...

Warning to landlords over immigration checks

Landlords in Devon will need to carry out thorough immigration status checks on their prospective tenants before granting tenancies in the future – or face stiff penalties including the possibility of imprisonment, warns leading law firm Stephens Scown LLP.

The government is expected to include a new penalty of up to five years in prison for landlords who fail to carry out the...

Plymouth launches new plan for Social Rent

Plymouth City Council is spearheading a drive to enable more affordable homes in the city, with the launch of the new Plan for Social Rent.

The Plan for Social Rent outlines six actions the Council will be taking to tackle the issue of lack of affordable housing. These include lobbying the Government, working with local housing providers and Affordable Housing Loans.

Councillor...

SW landlords least at risk of rent arrears

Landlords in the South West are least at risk of rent arrears, according to research from the UK’s leading landlord association*.

Those in the South West were found to be less at risk with a quarter (25 per cent) of landlords experiencing rent arrears in the last 12 months, compared to 29 per cent of landlords in the South East.

The research shows that a typical landlord in the...