A coalition of landlord and lettings bodies is seeking legal advice on the Scottish Government’s rent freeze and eviction ban legislation. The coalition has been formed between the Scottish Association of Landlords (SAL), Propertymark, the National Residential Landlords Association (NRLA) and Scottish Land and Estates (SLE). They are seeking a legal opinion on the validity […]

Rising interest rates and uncertainty about the economy have led to buyer interest falling – and fewer people wanting to sell in September, the latest RICS residential market survey reveals. And in the lettings market, rent prices will continue rising as tenant demand picks up alongside a fall in landlord instructions. The organisation also points […]

Shelter’s Polly Neate on BBC news Wednesday 12 Oct 2022 approx 07.20 said well over 1 million privately rented homes are not meeting the required standard. Now if there are 11 million private rented homes, does that not tell us that 10 million homes have no problem? The Government also say they are cracking down […]

Hello, I am currently re-mortgaging three buy to let mortgages. Mortgage offers have been made, but the conveyancing solicitor appointed by the mortgage company has stated, that because the rent is now different to when the Tenancy Agreement were first issued, then the Tenancy Agreements have expired. They are insisting that new Tenancy Agreements showing […]

Private sector landlords will be dismayed to hear that Prime Minister Liz Truss has backtracked on rumoured plans to shelve legislation that would have abolished Section 21 ‘no-fault’ evictions. Ms Truss performed her latest U-turn during Prime Minister’s Questions today (Wednesday). That’s when Labour MP Graham Stringer told the chamber that after increasing the cost […]

Rising costs are a big concern for landlords at the moment. We hear a lot about tenants’ costs, but landlords often get overlooked. So what can you do? You’ve probably seen your margins shrink over the last few years due to all the legislative changes, and now interest rates are going up and you may […]

‘Beyond housing’ operates Social Housing in the Cleveland, Redcar and North Yorkshire areas. Since 2010, they have been charging inaccurate rents and between 2016 and 2020 were not compliant with Rent Standard. This is related to 486 properties with ‘at least £2 Million being overcharged!!! Beyond (belief) have contacted affected customers regarding a refund. Not […]

Hello, I have a flat in a small block which has a wall mounted integral fire alarm system in the communal hallway. My flat also has a ceiling mounted smoke alarm in the kitchen/dining area. When the last tenant left he said it didn’t work, but I suspect he disconnected it as when he burnt […]

Propertymark has opened compliance cases against five letting agent members following the latest HMRC publication of businesses who have failed to comply with anti-money laundering (AML) regulations. The list of businesses who haven’t complied with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 during the period 1 January […]

Following my divorce, I would like to purchase a new property as my main residence and need to find out if the standard rate of stamp duty applies or if the ‘second home’ 3% surcharge applies to me. I have had various answers, my solicitors have said ask my accountant and my accountant says to […]

Hi, I am in the process of looking into my dad gifting his house to me and wanted some advice on the info below if possible? 1. Would my dad have to pay any capital gains tax if he gifted me the property? 2. Any restrictions for me selling or refinancing the property in the future […]

News that the government is looking to ‘shelve’ its plans to abolish Section 21 ‘no fault’ evictions has led to more organisations making their feelings known. The report in yesterday’s Times saw several organisations expressing an opinion – and more have now joined the fray. Alicia Kennedy, of the campaign group Generation Rent, said: “No-fault […]

It has been revealed that when accounting for inflation, renters are better off today than they were a year ago despite nominal rent increases of up to 14%. The research from Ocasa, the specialist rental platform, found that without adjusting for inflation, the average price of rent in the UK is currently £1,143 per month. […]

There has been a huge rise in the number of rental applications not being approved by letting agents, research reveals. According to data from lettings experts Vouch, recent months have seen a massive spike in agents cancelling tenancy applications. Vouch has been collecting data from the start of the year and they found that between […]

The personal finance reporter for the Telegraph, Alexa Phillips, is looking to speak to landlords and non-landlords alike who are aiming to buy property at the moment about their experiences. Alexa would like to know how you are approaching the market, how are you looking for good deals – that type of thing. The Telegraph’s […]

Hello, Assisted Sale and CGT query – and specifically what do solicitors and accountants consider the price to be – the actual sale price on market or price agreed in assisted sale document? Accountant’s advice will be formally sought but before I get this I’d like to check out what others think of this scenario […]

Hello, I had a selective license that ran for less than 5 years. I now need to apply and pay for a new selective license. I have been told there was a Court case that set out that my original license should last for 5 years. Has anyone heard of this? Thank you, Chris

The government is looking at shelving legislation that would ban no-fault evictions, a newspaper reports. According to The Times, the move to end no-fault evictions which enable landlords to end a tenancy without reason will not only be shelved – but may be scrapped completely. The Prime Minister, Liz Truss, is looking at measures that […]

Can someone please advise me whether a deed of variation for a will is our best option? My mother-in-law died leaving her house worth approx £480,000 to my husband who was her only child. He would like to gift it jointly to our 2 sons who wish to live in it but is worried that […]

While the rise of holiday lets in the UK has met the growing boom in staycations and led to impressive yields for landlords, there is an issue over damage caused by guests. According to one insurer, one in ten (11%) holidaymakers have accidentally caused damage to a UK holiday home, and one in five (19%) […]

The new law that will see rents being frozen and evictions banned in Scotland will see a drop in the number of homes to rent ‘in the coming months and years’. That’s the view of Scottish Land & Estates who point out that the new law has led to a ‘disproportionate shift in the balance […]