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ARLA Propertymark have clearly announced their verdict on Selective Licensing post the government's launch of a review into its effectiveness. David Cox, Chief Executive of ARLA Propertymark, said: “Licensing doesn’t work, and it never has done. "The Government’s aims are laudable. We’re all striving for the same end goal of improving the private rental sector for consumers, but these policies are impractical. "Licensing means councils spend all their time administer
18 hours ago|
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In addition to releasing the guide "Houses in multiple occupation and residential property licensing reform: guidance for local housing authorities" the Ministry of Housing, Communities & Local Government has today announced a review into selective licensing to find out how well it is working. The review and its finding will be released some time next Spring 2019 and will include evidence from independent commissioners, local authorities and bodies representing agents, landlor
18 hours ago|
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The Ministry of Housing, Communities & Local Government has today issued the document "Houses in multiple occupation and residential property licensing reform: guidance for local housing authorities." The guidance has been produced for local housing authorities, but is also intended to be of use for landlords. Click Here to read the full document. From 1 October 2018 any landlord who lets a property to five or more people from two or more separate households must be licens
23 hours ago|
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Santander Bank have issued a widely reported press release: "Owning a home is cheaper than renting in all areas of the UK" The Bullet points of their latest research below: Average first-time buyers could save over £2,250 a year once on the property ladder compared to renting Londoners could make the biggest saving, as the average monthly rent is £289 higher than monthly mortgage payments Smallest differential between rent and mortgage payments is in the East of Engla
2 days ago|
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The Government have written to a Conservative and Labour MP to clarify the rules and data regarding Holding deposits and Tenancy deposits post the Tenants Fees Bill. Junior Housing Minister, Rishi Sunak, has confirmed the new position on taking these deposits in an open letter following questions raised at the first session of the Public Bill Committee....
2 days ago|
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What is best for retirement income? Net rents or equity withdrawal by remortgaging? If drawing equity is the answer to what Loan to Value should I max out at? To put some meat on the bones –...
3 days ago|
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Experience for yourself first-hand what Birmingham has to offer for the property investor by attending an exclusive ‘Meet the Developer’ event hosted by Property Investor Partnership on Saturday 7 July. This FREE TO ATTEND event will commence at 11am and will include a tour of Digbeth and the Jewellery Quarter...
3 days ago|
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The local Norfolk newspaper Eastern Daily Press (EDP) has reported on a story that landlords using the Swaffham letting agent eHomes have been left with rents unpaid to them and tenants’ deposits unprotected. The Property Ombudsman has already ordered eHomes to pay one landlord £10,000 including £6,600 in unpaid rent....

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