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Landlord Action commissioned for second series of Nightmare Tenants Slum Landlords

Landlord Action commissioned for second series of Nightmare Tenants Slum Landlords

28/07/2015

Channel Five bosses have agreed the eye-opening first series of ‘Nightmare Tenants, Slum Landlords’ has only scratched the surface of the issues faced when the relationships between landlords and tenants break down. With the last episode in the current series due to air on Wednesday 29th July, a second series featuring Landlord Action has been… Read more

RLA logo

Budget announcements leave 65% of landlords considering increasing rent

27/07/2015

65% of landlords are considering increasing rents following the Budget announcement, according to research by the Residential Landlords Association (RLA). New research reveals that increasing rents are a real possibility, despite the Government having made an argument that rents would not increase as a result of changes to how landlords are being taxed. HM Revenue… Read more

Sheriffs Ofice

Fees for issuing a possession claim in the county court set to increase by £75

23/07/2015

On Wednesday 22nd July 2015, the Ministry of Justice announced a new consultation on court fee increases. Civil proceedings March 2015 saw the introduction of a court fee of 5% of the value of the claim, up to a maximum cap of £10,000 for a claim of £200,000. The new consultation proposes raising this cap… Read more

mark carney

Mark Carney prepares the country for possible Bank of England base rate rise

17/07/2015

Despite some serious economic head winds Mark Carney, the Governor of the Bank of England, is preparing the country for the possibility of an interest rate rise at the beginning of next year. China, the recent driving force in the world economy, is seeing growth slow along with its stock market taking a fall. The… Read more

Tax Restructure Opportunity For Portfolio Landlords

Tax Restructure Opportunity For Portfolio Landlords

14/07/2015

As most portfolio landlords have realised, if the Summer Budget tax reforms go ahead, they will arguably be the most devastating blow ever dealt to landlords, especially those with a high gearing strategy who own properties as individuals.  There may well be opportunities to restructure into a company without transferring assets or triggering CGT and SDLT…. Read more

David Carter - CEO of The Sheriffs Office

The energy efficiency private rented property regulations 2015

The Government has recently passed new minimum energy efficiency standards (MEES) which come into force on 1st April 2016. These will affect both landlords of both domestic and commercial privately rented property. The regulations have been introduced as part of the Government’s strategy to meet climate change targets and they will affect both domestic and… Read more

gender gap

Are shared housing rents higher for women than men?

Women may be paying more rent than men, according to new research. Women who are living in shared rental accommodation are £2,271 worse off than men, according to research by SpareRoom.co.uk. Despite women in London earning 14% less than men, they end up paying £48 more in rent per year. The pay gap between men… Read more

Landlord faces agent who owes her £20,000

Landlord faces agent who owes her £20,000

07/07/2015

Channel 5’s ‘Nightmare Tenants, Slum Landlords’ is set to show how one rogue operator gives good letting agents a bad name. Margaret Wilson faces the agent that owes her £20,000 in a perfectly captured showdown on Wednesday 8th July at 9pm. Margaret Wilson owns two rental properties in Oxfordshire. Two years ago she handed them… Read more

Bank of England

Bank of England concerns over Buy to Let risks to Financial Stability

02/07/2015

The Buy to Let (BTL) market has continued to grow rapidly and now accounts for 15% of all outstanding mortgages and 18% of the total flow of new mortgages as reported in the Bank of England Financial Stability Report (see chart below). This recovery in BTL has been assisted by increased competition from lenders leading… Read more

Landlords rejoice as Superstrike problems are no more

Superstike – Deposit Protection rules reminder

01/07/2015

Landlords up and down the country will (or should) be celebrating the demise of the ridiculous rules we have all had to put up with following the Court of Appeal decision in the Superstrike case. This is due to the amendments in the Deregulation Act 2015 which received the Royal Assent on 26 March, and… Read more

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