16 hours ago|
Thanks to the only accepted hate campaign in the UK, landlords are forced to take emergency steps or leave the market NOW. Section 24 (introduced by our tenant friendly Einstein, George Osbourne) forces landlords to pay tax on their mortgage interest payments, yes money they paid as a legitimate cost of doing business and supplying housing to people who choose to rent or can't afford to own yet. But big landlords won't have to do this, why? I don't know, but probably to take small
22 hours ago|
One of the best ways to get up to date with the law quickly is to attend the Landlord Law Conference, sponsored by TDS. And a discount is offered for Property 118 readers. This is a difficult time for landlords. The Government, having woken up to the fact that young people living in overpriced, substandard HMOs are unlikely to vote Tory, are trying to deal with the issue of poor housing in the cheapest way they can - by regulation. The problem for landlords is that tenants
23 hours ago|
The Bank of England's Prudential Regulation Authority (PRA) rules introduced at the end of September 2017 are having a significant impact on the buy-to-let mortgage market according to Paragon’s latest PRS Trends research, based on interviews with 203 experienced landlords in Q1 2018. The new rules comprise the second phase of the PRA’s buy-to-let underwriting standards and focus on ensuring that all lenders apply more detailed underwriting principles when evaluating portfolio
2 days ago|
I always have a dilemma whether to do cleaning or repairs (when it definitely falls onto the tenants responsibility) at the end of a tenancy (or even during tenancy) myself or to use a contractor. Can landlords charge tenants for their time and labour repairing or cleaning as if using a contractor? Because if the landlords can’t do that, then I don’t see why landlords should carry out repairs or cleaning themselves, as it would only help the tenant to save their deposit whi
2 days ago|
David Salusbury, the former Chairman of the National Landlords Association (NLA), the UK Association of Letting Agents (UKALA), and of mydeposits, died on Saturday 21st April 2018, following a short illness. He was aged 74. After a successful 30 year career with the Royal Air Force...
3 days ago|
I have a lovely video I received from my letting agent today which would go well towards the argument that tenants should be held accountable for criminal damage to properties. The house was taken back after being abandoned and the tenant must have left their dog unattended as its covered in dog feces....
3 days ago|
Post Section 24 mortgage interest relief restrictions for individual landlords and the increasing demand for Buy to Let in company names there is now a record 235 fixed rate BTL deals available for limited companies. MoneyFacts.co.uk figures below show the number of Ltd co....
3 days ago|
A staggering 73% of Universal Credit (UC) tenants that rent from Housing Associations are in arrears compared to only 29% not on UC. No wonder 62% of private landlords are unwilling to let to UC claimants. These figures have been collated by Sky News using figures from the National Housing Federation for their Line 18 investigation into welfare....
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