Posts Tagged ‘Landlords’
Landlords to face jail who rent to illegals.
Illegal immigrants are the focus of a new governemnt crackdown shortly to be included in a forthcoming Immigration Bill, landlords who fail to evict migrants who do not have the right to live in Britain could be jailed for up to five years. Stronger powers will be given to Landlords who will be able to…
Read MoreMore landlords forfeiting rent arrears
It appears it is increasingly more to the landlords avantage to forfeit the rent owed in the case of an eviction of a tenant than it is to chase that money through the courts. Landlords simply do not have the time to go through the potentially lengthy process of recovering unpaid rent, it has been…
Read MoreHow tax changes may affect landlords
Landlords may see a drop in their profits as changes that will limit the amount of tax relief they can claim on mortgage costs were announced in last weeks budget, relief will be restricted to the basic rate of income tax at 20%, to be phased in over 4 years from April 2017. Tax experts…
Read MoreRevealed … 75% of landlords left their agent due to poor service.
The Landlord & Tenant Survey, carried out by The Property Academy every year, has recently been published. With approximately 5000 participants, it’s one of the largest independent national surveys carried out each year. The results gave some key insights for letting agents when looking at how to grow your business. Landlords were asked what their…
Read MoreUnfair to Scottish landlords
At present Scottish Landlords see as unfair the way rules concerning the council tax works, Nicola sturgeon announced in November last year a commission to examine a fairer way of funding local government services. The Scottish Association of Landlords (SAL) wants to see a change in rules so that empty furnished properties will be entitled…
Read MoreLocal authority forum for landlords and letting Agents
South Holland District Council are putting on a special afternoon event especially for Landlords and Letting Agents, this is part of Council’s popular information and networking events. The event takes place on the 13th July at the council’s offices in Priory Road, Spalding from 4pm until 6p, this event the event will give landlords a…
Read MoreRental demand continues to grow
The buy-to-let lenders Paragon Mortgages says that 43% of landlords surveyed believe demand is either growing or booming, in their most recent findings the trend for strong tenant demand is well established, with ongoing steady growth for the past three consecutive quarters. This level of growth is expected to continue over the coming 12 months,…
Read MoreEven greater demand for rental property
According to research by the Countrywide plc, the UK’s largest property services group, increasing numbers of landlords are able to re-let their property before the existing tenant moves out. The average UK property is taking 32 days to let, that is the lowest figure on record, over half of new lets in London are agreed…
Read MoreSmoke alarms for rented property
Landlords need to be prepared for a change in the law which will see them be required to fit smoke alarms in properties that are rented out, to help landlords prepare for the new regulations, the government has provided every fire and rescue service with a limited number of free smoke and carbon monoxide alarms…
Read MoreExtending Right to Buy scheme
Jeremy Corbyn a Labour leadership contender has said, “the right to buy policy that lets council tenants buy their homes at a big discount should be extended to the tenants of private landlords, that Labour needed to go further in tackling the housing crisis and that extending Right To Buy could help more people find…
Read MorePensioners invest in Buy-to-Let
The buy-to-let sector of the property market remains as strong as ever, new data reveals that the number of buy-to-let deals available to first-time landlords has increased 13 per cent in the last few months. It is just a few weeks since the relaxtion of rules came into effect concerning changes to how pensioners are…
Read MoreFive year licence for HMO in Camden
Camden Council is introducing new licensing conditions for landlords of shared accommodation, it will mean that landlords who rent out a HMO (House in Multiple Occupation) must apply for a five-year licence. A licence will only be granted if a minimum set of standards for the property are met, this is infact good news,…
Read MoreFined for ignoring fire safety legislation.
I picked up on a story from the Manchester Evening News which I wanted to highlight here on Breaking News at EAN, fire safety regulations must to be taken notice of when renting out property, I have seen first hand what terrible scars can be inflicted on people who have been burnt, children more especially,…
Read MoreMost tenants satisfied with landlords
According to research commissioned by Paragon Mortgages approx 80% of tenants living in the Private Rented Centre are satisfied with their landlords, the research was carried out during the first quarter of the year by BDRC Continental. The researchers asked 500 tenants living in the PRS for their views on both their current tenancy and…
Read MoreFinal date for deposit scheme protection
The date is fast approaching when Landlords must comply to the new law in relation to tenancy deposit schemes, the date for the diary is 23rd June. Any landlord holding a deposit taken prior to the 6th April 2007 which has not been protected by the 23rd June under one of the Tenancy Deposit Schemes…
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