Landlord News

BTL Joint Venture Funding For New Purchases Has Arrived

Innovative New BTL Mortgage Product

15/09/2014

85% LTV, low rates and fees AND positive cashflow on new BTL purchases? Yes it’s true, and it’s available NOW! The eagerly awaited collaboration between a market leading BTL mortgage provider and the UK’s only provider of BTL equity finance has now been launched – AT LAST!!! The resultant product allows landlords to purchase properties… Read more

Paul Shamplina Landlord Action

New Deposit Service launched

09/09/2014

As many as 38% of landlords calling the Landlord Action legal helpline for advice on evicting a tenant have failed to place their tenants’ deposits in a government recognised scheme within the prescribed 30 days of receiving it, or have not even heard of the scheme which came into force back in 2007. Landlord Action… Read more

accidental landlord

Accidental Landlord Buy to Let mortgages are now to be regulated

05/09/2014

The Government has changed its mind about regulating Accidental Landlord Buy to Let mortgages in a decision to now comply with the EU mortgage credit directive being brought into law March 2016. The Treasury has stated that accidental landlords who did not make the conscious decision to purchase a property to rent it out were… Read more

efficiency standards

NLA call for extension on deadline for efficiency standards

04/09/2014

The National Landlords Association (NLA) has warned the Government to tread cautiously in introducing minimum energy efficiency standards in the private rented sector (PRS). The NLA has called for an extension to the deadline for rented properties to reach minimum energy efficiency standards after the shambles introducing Green Deal finance into the sector. The warning… Read more

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

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