Landlord News

deposit dispute

Landlords and Tenants are missing deposit dispute deadlines for evidence

12/01/2015

The Deposit Protection Service (DPS) have reported that 18% of landlords and 23% of tenants missed deadlines for evidence during deposit disputes during 2014. The DPS provides a separate independent adjudication service for the adjudication of deposit disputes and says that 17.63% of landlords required to submit evidence after agreeing to dispute resolution either missed… Read more

Own Shares in Letting Supermarket

Own Shares in Letting Supermarket

18/12/2014

Regular Property118 readers may be aware that our founders acquired a 26% stake in Letting Supermarket two years ago when they were a start-up business. Since then we have been referring Property118 landlords to them and moving the management of our own properties across too.  They now manage a few hundred properties and are making… Read more

Landlords insurance

January is the most popular renewal date for Landlords Insurance

16/12/2014

Please make sure you save money this year on your Landlords Insurance and let us know your renewal date. The bigger our landlords insurance buying group becomes the more negotiating power we gain. We are now at the stage where we can GUARANTEE to beat any like for like quotation for landlords insurance. Operated on… Read more

landlords

Retaliatory Evictions Report

After Paul Shamplina and Landlord action helped provided evidence, the All Party Parliamentary Group (APPG) for the Private Rented Sector recently concluded its inquiry into Sarah Teather MP’s Tenancies (Reform) Bill addressing the problem of retaliatory evictions. Whilst the Bill failed to make progress at Second Reading, the measures within it are included in an… Read more

RLA

You could be liable for your tenants water debt from 1st January 2015 unless you act!

12/12/2014

From 1st January 2015 there will be an obligation on all landlords with properties in the Welsh Water and Dee Valley Water areas to share certain information about their tenants with their water company. The majority of properties affected are in Wales, but these Water Authority areas also cover parts of Cheshire, Merseyside, Herefordshire, Shropshire… Read more

landlords

Landlords are losing thousands as court delays become critical

10/12/2014

Under-resourced county courts are exasperated by the number of possession claims being put forward, resulting in costly delays for landlords.  It has become such a problem in the last three months, that chasing up cases with the courts is now a full-time role for one member of our in-house legal team. The vast majority of… Read more

Stamp Duty Calculator

Stamp Duty Calculator

05/12/2014

Whilst the rest of the media have been reporting on the pros & cons of Chancellor George Osbourne’s Stamp Duty Land Tax reforms, here at Property118 we have been busy producing a calculator which makes it very easy to work out how much stamp duty you will need to pay. Why not test it for… Read more

rent control

Tenants in Scotland undermine political case for Rent Control

03/12/2014

The Scottish Government is in the process of consulting on a new Private Rented Sector (PRS) tenancy system, which also canvasses opinion on whether a system of rent controls is necessary, whilst Labour argue that a system of rent controls are necessary to remove excessive rises. The trade membership body for letting agents in Scotland,… Read more

Paul Shamplin of Landlord Action

Delighted as Revenge Eviction Bill is defeated

29/11/2014

The Tenancies Reform Bill presented by Liberal Democrat MP Sarah Teather and aimed at stopping Revenge Evictions, has failed to secure enough votes to pass in Parliament, much to our relief at Landlord Action and other industry organisations. This is great news for landlords. Whilst I fully agree that tenants need to be protected from… Read more

The Immigration act 2014

The Immigration Act 2014 and checking a tenant’s right to rent

25/11/2014

A pilot for introducing checking a tenant’s right to rent under the immigration act 2014 is being introduced in 5 areas as of 1st December. These pilot areas are Birmingham, Walsall, Sandwell, Dudley and Wolverhampton. Full roll out across the country is expected after a Government review of the pilot within 6 months. Under the… Read more

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