A tenancy doesn’t automatically end when a sole tenant dies. When the son of a long term tenant informed us that the tenant had died we assumed that in due course the property would be cleared and the tenancy surrendered. What we weren’t prepared for was for the son to move in with his large […]

I am in the process of obtaining a mortgage for my current council flat. I have a large tenant discount so only need a mortgage of £64k. The council valued the property at £170k, but I had an estate agent value the property at £200k. The agent also mentioned that with home improvement other flats […]

PIP is delighted to launch 3 bed, 2 bath new build houses in Hull for the discounted price of only £138,000. These properties have been discounted by 11% off current list prices and include flooring, turf and fencing included in the price. According to letting agents, Leef Property Management, these properties are in a high […]

I have a couple of units in an old block – the Freeholder went on a blitz a couple of years ago and checked all flats against their lease floor plan and imposed large costs for retrospective consent (wooden floors, open plan kitchens etc). They also imposed ‘fines’ on those who had installed new boilers […]

UK lettings and landlord insurance industry giant, Hamilton Fraser, has announced the launch of its own in-house deposit alternative brand, Ome. Having previously highlighted the problems surrounding the increasing trend for such schemes, Hamilton Fraser has decided to tackle these issues head-on itself, providing a transparent product aimed at delivering complete market choice for UK […]

Founder of Landlord Action and Brand Ambassador for Hamilton Fraser, Paul Shamplina, has won ‘Best Seminar Speaker’ at The National Landlord Investment Show Awards, after receiving nearly 40% of the overall votes. The National LIS Awards took place on 21st November 2019 at the Grosvenor House Hotel, Park Lane. The evening brought together more than […]

Research by Springbok Properties, has looked at the property cost of living in one of the nation’s most anti-social areas based on the average house price in locations with the largest number of ASBOs issued compared to the wider area. Springbok Properties looked at the average yearly number of ASBOs issued across criminal justice areas […]

House Price Growth Higher under Labour: From 1974-2019, house price growth (taking inflation into account) from all four Labour prime ministers’ terms in office, added together (119%), significantly outstripped that of Conservative prime ministers (5%). Only one region of the UK/Northern Ireland saw higher house price growth under Conservative governments. This challenges two commonly held […]

The SNP have released their 2019 general election manifesto. This has been very briefly summarised with the key points of interest for Landlords and the PRS industry. Download the full manifesto here After wading through 50 pages the below was all that could be found on first read that affected the housing market. Again I […]

More than half of older homeowners who own one of the 2.3 million leasehold properties in England and Wales would consider buying the freehold or extending the lease suggests new research* from independent equity release adviser Key. Homes owned on a leasehold basis account for around one in four sales a year and once a […]

The Nationwide Building Society has reported on an event held by players in the rental and housing sector, with the main outcome being that organisations must work more closely together in order to effect meaningful change. The industry roundtable was attended by representatives from across the private rented sector including Nationwide Building Society, Fair Housing […]

On 12th December the British people will once again vote for who should lead our country and break the Brexit deadlock, which has dominated the headlines for the best part of three years. However, as one of the most unpredictable elections in recent history, it is important for us to cut through the Brexit noise […]

I have served a Section 21, giving the statutory two months notice, on my tenant who has been on a periodic tenancy for 7 or more years. She is now asking me to write a letter/email which she can pass on to the council, saying that “I cannot extend the tenancy beyond the date I […]

Paragon revealed a sharp increase in specialist landlord business, up from 79% to 89% of buy-to-let mortgage completions as it reported full year results today. Specialist business also increased from 88% to 91% of the buy-to-let pipeline, as Paragon’s strategy of focusing on landlords operating in corporate structures and with larger portfolios delivered positive results. […]

I have set up a Facebook campaign defending property rights and attacking Corbyn’s housing policy. I am worried that: – Colossal borrowing will push up interest rates, making mortgages unaffordable for ordinary people – Rent caps will destroy the private rented market – Increases in inheritance tax will mean many people can no longer pass […]

The Financial Conduct Authority (FCA) has today announced it will ban the mass marketing of speculative mini-bonds to retail customers. This affects property developers who will no longer be able to directly raise finance by issuing/promoting mini-bonds to Retail Consumers (the general public). These bonds offered a way of investing into a property company rather […]

In the interests of impartiality we have included the Brexit Party Contract in our series of manifestos for the major parties. Click here to download the Contract. Details of policies that directly affect the Private Rental Sector are a bit thin on the ground, but this is probably a good thing these days. Taxation: Exempt […]

Jeremy Corbyn and John Healey, Labour’s Shadow Housing Secretary set out plans to put power in the hands of tenants with a new charter of renters’ rights. Labour will announce a new national ‘property MOT’. This would introduce a legal requirement for landlords to complete an independent annual inspection to ensure homes are up to […]

The Conservative Party have released their 2019 general election manifesto. This has been very briefly summarised with the key points of interest for Landlords and the PRS industry. Download the full manifesto here For the Private Rental Sector: The Conservatives say they will bring a ‘Better Deal for Renters’ by abolishing ‘no fault’ evictions – […]

Plans by the Labour Party would threaten to close down the private rented sector according to the RLA. The development of annual ‘Property MOT’s’, a Charter of Renters’ rights, open ended tenancies and rent controls all combined would drive thousands of landlords out of the sector. This would lead to a massive shortage of properties […]

We have an 8 bedroom (7 en-suite) property that we let via booking.com to guests. Most guests only stay for 2-3 days and no more than a week. We have been told that the property does not qualify as an HMO as it only offers temporary occupancy to guest. We do not have a reception […]