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 […]

Lettingsupermarket.com have been running Reloc8 Uk’s fantastic incentive scheme for 12 months this month, and to celebrate the massive success we have added even more benefits for landlords with eligible properties. This scheme is ideal with winter and Christmas coming up, as we still have a HUGE demand for properties all over the UK. SO, […]

The Labour 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 Pretty much all previous threats to the PRS have been included along with additional regulation and taxation policies. Private Rental Sector Labour […]

I attended the Croydon Landlord Licencing Forum on 21 October 2019 and below are my notes in case anyone is interested. Despite the fact that the SL consultation has started, we have two licences in the borough and I registered to be consulted, I have received no information from the council at all. Nick Gracie-Langrick, […]

The RLA has welcomed Conservative plans to introduce lifetime deposits for tenants. David Smith, Policy Director for the Residential Landlords Association (RLA), said: “We have long argued that deposits should be transferable. It will make renting cheaper and easier for tenants. It is vital though that the detail of the plans ensure that both landlords […]

What evidence would I need to show that I would like my spouse to move into a property under Grounds 1 of a Section 8? I need to give the tenant notice, but the legislation does not say what evidence will be needed. Anyone have any advice? Reluctant Editors Note: >> http://www.legislation.gov.uk/ukpga/1988/50/schedule/2 Ground 1 Not […]

The Liberal Democrats 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 The Lib Dems want to reform the Private Rental Sector: Promote longer tenancies of three years or more with an inflation-linked annual […]

My tenants’ neighbours are insisting they are smoking cannabis in my flat and are constantly contacting both me and my tenants. I have visited several times and there is no smell there at all. My tenants have admitted to vaping, but that is it. I have asked them not to vape inside to avoid problems. […]

As of December 13th 2019 under The Renting Homes (Fees etc.) (Specified Information) (Wales) Regulations 2019 before a holding deposit is paid to a landlord or letting agent the following information must be provided to a prospective tenant: – The amount of holding deposit – Identify the dwelling in respect of which the deposit is […]

Landlords in Scotland are committing to continuing to rent private properties signalling confidence in the sector, according to the latest survey results from SafeDeposits Scotland. The not-for-profit tenancy deposit protection scheme surveyed its landlord members last month and found that 88.57% could see themselves continuing as a landlord ‘for the foreseeable future’. The majority (69.81%) […]

I recently inherited a mid- terrace house currently arranged as 2 flats. All interests in the house ie Freehold, leasehold ground floor flat and leasehold first floor flat are in my sister’s name. The leases are relatively short 57 years at a small ground rent, but the Freehold has a relatively high value because of […]