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Three letting agents trading in Islington and surrounding areas under the name of Crestons have been convicted of carrying on business for a fraudulent purpose. These convictions were sought by Islington Council and Trading Standards after it was found £105,000 worth of rent and deposits were either not sent on to landlords or not protected for tenants leaving a total of 19 victims. The case was heard at the Blackfriars Crown Court and sentencing and confiscation orders will b

A few of my houses are coming to their end of term and the lenders want their money back. They knew my exit strategy was refinance or sale, but now they don’t seem to recognise any responsibility for the negative equity. When the banking crisis occurred it followed naturally that house prices dropped dramatically as lenders either folded (albeit bailed out by the government) or sold their book to others. (Not necessarily even lenders). The banking crisis was caused by reck

The Manchester Evening News recently published an article on the cost - and dire state - of temporary accommodation provided by the council. Click here “Lauren Edwards, team leader at Shelter’s Manchester branch, has seen her family casework double in 12 months, to just under 700 last year. She says ‘section 13’ notices, when landlords evict tenants at the end of their 12-month lease in order to put up the rent, are becoming an increasingly major factor - as well as ‘

Responding to reports that the Mayor of London is wanting to introduce forms of rent controls in the capital, David Smith, Policy Director for the Residential Landlords Association said: “It is curious that the Mayor is considering introducing rent controls at a time when rents in London are falling according to official data. “The Labour Party in Wales has previously rejected rent controls arguing that they reduce incentives to invest in new property when we need more and lea

North West and Liverpool are hotspots for property investors and amongst the places where Buy to Let still pays off. A recent article on thisismoney.co.uk discusses how the North West’s comparatively strong rents, coupled by low house prices...

I had a tenant whose tenancy ends at the end of Nov, who actually left, checked out and handed back keys at the end of Oct, one month earlier. I then had my letting agent find a new tenant and started her tenancy at mid Nov...

I sent an email to Veronique Laury, head of the financially beleaguered B&Q telling her we would not use them for the repair and renovation of our property portfolio whilst they supported Shelter Here is her reply sent by her Customer care manager make of it what you will...

I previously registered and paid a leaseholder flat’s management company and freeholder called Y and Y management for a “consent to let” last year where I stated the tenancy was for 60 months. They have now come back to charge for this again and intend to charge for this every single year....