Manchester City Council is debating whether to introduce a new landlord licensing scheme in a bid to deal with overcrowding and anti-social behaviour in the city’s private rental sector. The council introduced ‘The Manchester Rental Pledge’ in 2015, but although the scheme got off to a flying start, increasing immigration has led to a number […]
At the point of writing this, the outcome of the EU referendum is not known, but according to the Association of Residential Letting Agents (ARLA), a vote to leave will not have any serious effect on the UK rental market.
Following its success in the Court of Appeal with the West Bromwich Class Action, the Property 118 website is preparing for another legal challenge against three more landlord mortgage lenders.
A landmark ruling by the Court of Appeal has found in favour of a group of 400 landlords who launched a class action against the West Bromwich Building Society.
The Residential Landlords Association (RLA) has been campaigning against the government’s introduction of mortgage interest rate relief restrictions ever since the changes were introduced. Now it seems that their campaign is beginning to bear fruit.
On the 23rd June, millions (possibly) will turn out to cast their vote on whether the UK should stay in the EU or leave. Both campaigns have ramped up in the last week or so and according to data produced by HomeLet, the referendum (and fears about potential economic uncertainty) is having an effect on […]
According to data released by HMRC, there was a 7% rise in landlord acquisitions in 2013-14, but given the recent surge in lending this figure is now likely to be a lot higher. HMRC figures reveal that there were 1.75 million buy to let landlords declaring income from properties between 2013 and 2014.
In what is thought to be the first case of its kind, a man from Sheffield, Rami Nazzal, has been prosecuted for sub-letting his council property and then forcibly evicting the tenant. So essentially he has been prosecuted for both offences at the same time.
HMOs are traditionally run by more experienced landlords as they tend to be more hands-on than regular buy to let properties. However, research carried out by a leading mortgage company has found that the number of landlords looking into buying an HMO has risen by 10% over the last six months.
The aim of the landlord game is to find the perfect property – one that offers a high yield as well as great capital gains. This is not always easy, as it depends on whereabouts in the country you live. You also need a crystal ball to be able to predict what tenants are likely […]
Discovering a property is absolutely filthy at check-out is not uncommon. According to research carried out by an online letting agent, 70% of landlords claim their properties have been returned at the end of a tenancy in a ‘dirty condition’. Some even claim that they were forced to completely renovate their property to bring it […]
According to figures published by the National Landlords Association, around 36% of landlords have had a property where tenants have simply disappeared overnight, often leaving rent arrears in their wake. The problem is even worse in the North of England, with 58% of landlords reporting property abandonment.
The Housing and Planning Act has finally been given Royal Assent. So how does this important Act affect landlords? The main purpose of the Act is to weed out rogue landlords, many of whom make tenants’ lives a misery. There are various measures contained within the Act. These include:
March saw a stampede of landlords racing to complete on new buy to let purchases before George Osborne’s stamp duty changes kicked in. This sudden flurry of activity has had a knock-on effect on the UK housing market, leading to an increasing gap between supply and demand.
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