Universal credit has been highly controversial since it was first introduced back in 2013. On paper, it sounded like a good idea. Rolling individual benefits up into one single payment cuts red tape and makes it easier for benefits claimants to apply. However, in practice, it has caused a issues for the government – and […]
New research published by the National Landlords Association has revealed that many landlords are struggling to keep their heads above water. NLA research indicates around 79% of landlords are finding it impossible to pay more than the interest in their buy to let mortgages. They say this is down to the rising costs of being […]
Research carried out by Hamptons has found that the number of overseas landlords owning and operating buy to let properties in the UK has halved since 2010. Eight years ago, 14.4% of landlords in the private rental sector were living overseas. Now, overseas landlords only account for 5.8% of the PRS.
It’s Christmas so we made a fun, light-hearted quiz. Are you a grumpy Christmas landlord? Or are you the embodiment of Christmas spirit? Before sharing this quiz, everyone at Landlord Vision tried it out – you don’t see quizzes that often in our line of work – not one of us got Cheerful Christmas landlord! […]
A landmark case, S Franses Ltd v The Cavendish Hotel (London) Ltd, could have far-reaching repercussions for landlords. The case revolves around a landlord’s refusal to renew the tenant’s tenancy agreement, on the grounds that they wanted to carry out renovation works.
Judith Wilson, the wife of Britain’s most controversial landlord, Fergus Wilson, has been fined £25,000 after leaving a disabled tenant without hot water for several months. The court found that Mrs Wilson ignored enforcement notices from the council requesting that she rectify the problem.
Experts say the definition of a professional landlord is someone who rents out a property for monetary gain. This would include a professional landlord with a property portfolio. Equally, it could also include a so-called ‘accidental landlord’ who lets out an inherited property or home while waiting for it to sell. A professional landlord is […]
Location is very important when it comes to buy to let returns. Most property investors know that London is no longer as attractive, due to punitive property values, but the good news is there are several other cities where rental yields far exceed anything on offer from a high street savings account.
The government may be embroiled in Brexit woes right now, but it has managed to find the time to do a u-turn on its decision to cap tenant deposits at six weeks. Lord Kennedy of Southwark and Lord Bourne of Aberystwyth have tabled an amendment to the Tenant Fees Bill that would see deposits capped […]
Research carried out by the National Landlords Association (NLA) has found that 79% of landlords are making so little money from their property rental businesses that they can only afford to pay the interest on their mortgages, not the loan capital. “There are myriad costs to running a letting business, including maintenance, repairs and upgrades, […]
We have good news for you! Data released by the Tenancy Deposit Scheme (TDS) has revealed that tenant deposit disputes occur in less than 1% of tenancies. So, 99% of landlords and tenants don’t have an issue when the tenancy ends. Either the tenant accepts their deposit needs to be withheld or there is no […]
Figures released by the Ministry of Justice have revealed that landlords are having to wait more than five months to get their property back after going to court. This scenario occurs when a landlord wants to evict a tenant because they haven’t paid the rent or are in breach of their tenancy agreement for some […]
The Landlord Alliance group is calling on UK landlords to boycott big brands such as M&S and B&Q this Christmas. It says these companies are supporting homeless charity, Shelter, which targets landlords and accuses them of unfairly evicting tenants. The group says Shelter is creating the wrong impression of private landlords in the media.
Critics have long been vocal about the “toothless enforcement” system in place to bring rogue landlords to heel, but recent revelations about a repayment deal agreed with Britain’s worst landlord have only added fuel to the fire.
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