Landlord News

tenants budget

Tenants budgets squeezed as rents rise faster than incomes

21/08/2014

Tenants budgets feel the pinch in their accommodation costs as rents are rising faster than incomes. Affordable accommodation in the private rental sector is becoming ever more scarce, according to new data from flat and house share website SpareRoom.co.uk, which compares the maximum tenants can afford to spend on accommodation to average room rents. UK… Read more

Landlord action to appear on BBC One programme Inside Out

Landlord action to appear on BBC One programme Inside Out

11/08/2014

I carried out some filming with BBC One’s Inside Out programme on Friday. After setting off early and getting stuck on the dreaded M25, I eventually arrived in Orpington to meet my landlord Brian at his property, where an eviction with the county court bailiff was due to take place. Incidentally, two days earlier, the… Read more

Fallowoutside

Manchester Grade II listed Buy to Let investments with 7% net rental

06/08/2014

Fallowfield House is a Grade II Listed Building containing Buy to Let studios and one bed flats offering an assured 7% net rental income for the first year. Considered the original student hub in Manchester, Fallowfield is the perfect location for students, graduates and young professionals alike. This development is ideally located to attract strong… Read more

tenancy deposit

Average Tenancy Deposit increased by 34% since 2007

04/08/2014

Figures from my|deposits have shown the average tenancy deposit has increased by 34% or £304 since the launch of tenancy deposit protection in 2007. The data shows that the average tenancy deposit now stands at £1197.73 up from £893.82 in 2007. The figures also show a difference of £1168 between the average cost of deposits… Read more

Rightmove

Rightmove profit takes off in soaring market

30/07/2014

Year on year profit before tax rose 31 per cent to £59m with total revenue increasing by 20% to £80m as Rightmove benefit from the rising housing market This is partly due to an increase of over 25% in users to 22 million for the first half of the year, and the average revenue per… Read more

Paul Shamplina Landlord Action

Using a section 21 should not be considered a Revenge Eviction

29/07/2014

I would like to provided clarity over what constitutes a Revenge Eviction, and what is simply a landlord serving notice without giving a reason, after concerns have been raised that the term was being misused in the media, giving good landlords a bad name. The Citizens Advice Bureaux (CAB) recently revealed that twice as many… Read more

Section 21

Section 21 update – Spencer v Taylor

25/07/2014

As reported by Nearly Legal concerning section 21 rules the tenant in Spencer v Taylor has been refused permission to appeal in the Supreme Court, because of the lack of an arguable point of law. Therefore the Court of Appeal decision stands: “Where an assured Shorthold tenancy has had a fixed term and a statutory… Read more

Evicting tenants just to break a contract with a letting agent

Evicting tenants just to break a contract with a letting agent

16/07/2014

I was talking to Tony Sheldon at LettingSupermarket.com this morning about the increasing number of landlords who are being forced into evicting perfect tenants as the only way to get out of a contract they have with their letting agents.  Tony explained that he has conversations with landlords on a daily basis who are so… Read more

Paul Shamplina Landlord Action

The Property Redress Scheme and the Lettings Industry

03/07/2014

The Property Redress Scheme held its first meeting this week and I was delighted to be asked to attend. This scheme has been sanctioned by the Government for all Letting Agents to join later this year, and it will be compulsory for agents to join one of the schemes so that both landlords and tenants… Read more

Croydon

Croydon yet another area to introduce Selective Licensing

27/06/2014

However, the term “selective licensing” is something of a misnomer in this instance, as the proposal is for it to be borough wide. The newly elected council’s objective seems not to be to tackle anti social behavior (and they can hardly claim lack of demand in a London borough with excellent transport links which is… Read more

Load More Posts

×

Profile has been updated! Click here to view

×

Share with your friends?

Please share this article via one or more of the following social networks

×

Report this comment

  • Please enter a value between 7 and 7.
    Please complete the simple sum to prove you are a human
×

Please log in or

Join Property118 - It's FREE

or press Esc (top left of your keyboard) to close this message

×