Landbay conducted a study ‘delving into the psyche’ of 2,000 private renters in the UK and as suspected the vast majority (75%) said they were happy. Landbay went on to report: “Some of this is a reaction to the financial demands of buying a home, but there’s also a relief in not being responsible when […]

Unless you’ve been living under a stone, you will have seen the Government waging a relentless war against private landlords. Some of the effects of this are now being seen in the courts, where extremely poor legislation, full of ‘unintended consequences’ is beginning to hit landlords hard.  This is in the context of landlords already […]

PIP is delighted to offer investors the chance to invest in a beautiful 1-bed apartment in Shipley, near Leeds starting from only £77,000.  These apartments have been discounted by 12% off current selling prices.  According to local letting agents, Martin & Co, Soltaire, these apartments are exceptionally spacious, well designed and in a lovely location, ideally […]

Hi I’am currently in the process of purchasing 2 properties from the same seller. I believe this is termed a “linked” purchase and extra SDLT is payable to HMRC. Please can anyone advise me of what the position of SDLT might be in this situation. Both of the properties being purchased are HMO’s. Many thanks […]

If you’re planning to invest in property in the UK, it’s important to consider the impact of Brexit on the property cycle – and, in particular, on your position within that cycle. In this article, the housing market specialists at Property Solvers will explain the impact of Brexit on property investors and their position within […]

The RLA is fighting a ruling which could stop landlords taking back properties from tenants who are refusing to pay rent. It could be very important to challenge these absurd legal decisions for when/if Section 21 is scrapped and the traps attached to Section 21 are potentially carried over to Section 8. The Crowdjustice campaign […]

Housing Minister, Esther McVey, has announced plans to release data held by local bodies to enable the UK PropTech sector to thrive and for them to “bring about a digital revolution in the property sector.” The Housing Minister will announce measures to: Open up Compulsory Purchase Order (CPO) data for the first time in a […]

My ‘darling’ tenant has done a bunk and left yesterday. Neighbours saw him shifting stuff in the night. I had a call from his ex-girlfriend this morning stating he had called her to say the same and also to tell her that her stuff was now on the street too. I was in the process […]

One of my valued tenants has today asked me to serve a section 21 notice as he is not getting anywhere with the council in terms of providing a council house. He believes they will take him more seriously once his landlord has served him notice. This is not the first time I have received […]

This is the kind of big corporate investment George Osborne and his political and corporate allies wanted to encourage back in 2015 with the introduction of Section 24 mortgage interest relief restrictions on private landlords. Legal and General Press Release: Legal & General Affordable Homes announces that it has committed £750m to new affordable housing […]

Labour dominated Hackney Borough council have issued a warning to unlicensed and criminal landlords that they expanded their enforcement team and given the “go-ahead to begin a crackdown on dangerous conditions and mistreatment of private renters.” The Council claim that one in five tenants suffer from cold homes, disrepair, or damp and mould. As a […]

If you have been focusing in the Pantomime in Westminster, you may have missed that last week many Cash Buyers have been flocking to buy houses from Landlords with and without Vacant Possession. It makes no difference to the Price! Life is very difficult for would be tenants, as most landlords seek Vacant Possession in […]

The latest RLA press release reports: Andrew Dixon, RLA chief executive, has been named one of the UK’s top business leaders in the CEO UK Awards 2019. Dedicated to recognising ‘strong and innovative leadership’ amongst business leaders, the CEO Today UK Awards recognises Chief Executives who are leading in their respective sectors and beyond. In […]

A package of measures to help people on lower incomes get onto the housing ladder have been confirmed by Housing Secretary Robert Jenrick. The government is reviewing a new national model for shared ownership to make it easier for people to buy more of their own home, including allowing them to buy in 1% increments. […]

I have a tenant in arrears for more than 6 months and a court hearing was scheduled this Monday based on Section 8. The tenant called the court the morning of the hearing to say he’s in hospital so the hearing was adjourned. I’m wondering if anyone has had to deal with a similar issue […]

The Government is holding a consultation covering additional legal support for those facing eviction or repossession. Currently, the Housing Possession Court Duty Scheme (HPCDS) offers free advice on the day to anyone at risk of eviction or repossession, this service is not means tested and is therefore available to anyone who finds themselves in this […]

A guarantor is an individual who is agreeing to pay the rent if the tenant defaults on payments. Guarantors can often be necessary when renting to students or those in part time or low paid work, but any landlord can ask for a guarantor agreement if they feel there might be an element of increased […]

Three London criminals have been sentenced after pleading guilty to money laundering in April 2019. Two criminals were sentenced on 27th June 2019 and the third was sentenced on 21st September with all the sentences were handed down at Snaresbrook Crown Court. The sentences follow an investigation spearheaded by the National Trading Standards eCrime Team, […]

New Rightmove research indicates 24% of landlords are planning to sell at least one property from their current portfolio, 13% will be selling more than one and 11% report they wish to sell their entire portfolio.  This is despite rents being at record levels having increased by 2% in the last year. Rightmove figures show […]

Liverpool’s L1 boasts a strong 10% profit margin, smashing the 3% yield many of the UK’s postcodes offer. In L1, landlords snap up a property for an average of £90,000 and support their investment with a significant asking rent of £750 per month. But it’s not just Liverpool that’s doing well. Landlords may want to […]

I am helping a relative complete her tax return. She owns a property, run as an HMO, with a group of four tenants who have separate rooms. The rental agreements require rent one month in advance, but in August 2018, in addition to the regular monthly rent, all four paid 6 months rent in advance […]