A majority of private landlords say they are less confident about the market than they were three months ago. This is reflected in figures showing that the gap between the percentage of landlords planning to sell properties and those planning to buy has risen seven fold in the last two years from 4 percentage points […]

The Council are willing to pay the first months rent in advance and pay a cash deposit for an incoming tenant. I will NOT be issuing a tenancy agreement until I see clear evidence that: 1. Tenant has an existing HB claim with claim number 2. It has been agreed that rents payments will come […]

This post is far more about lifestyle and mindset than property. Nevertheless, our passion to help others with our knowledge of property, finance, tax and law has been the basis upon which we have achieved location independence. If you ever wanted a sneak peak into our lifestyle, or to ask us questions about it, then […]

BuzzFeed News has reported on a Facebook video post made by Tory MP candidate for Ashfield, Lee Anderson, who said he would force nuisance tenants who make people’s lives a misery to live in a tent if he was voted in. Anderson is an ex-Labour supporter driven out by far left momentum views and now […]

The Green 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 From the full manifesto there is no detailed economic analysis of how their cuddly wish list of promises will be paid for. […]

In 16 months Nottingham City Council has only managed to issue full licences to fewer than 3% of the applications received and apparently they’ve only done 176 inspections from approximately £9 million+ pounds in. This equates to over £51,136.00 I repeat FIFTY ONE THOUSAND POUNDS AN INSPECTION. When Nottingham Aug 2018 said an Inspection cost […]

What do you do when both the tenant and Landlord do not have a copy of the original contract dated in 2012? A new one was issued in April 2015 which we both have copies of. I’m trying to serve notice, but have been advised a Section 21 is not the route as it will […]

Specialist property lender Shawbrook Bank has streamlined its product portfolio and reduced rates by up to 0.49%. Their refreshed Buy to Let range boasts new benefits for your portfolio clients. Rates are now  from 3.05% (Over 3 month Shawbrook LIBOR) and they have introduced new products for loans under £100k for BTL and HMOs As […]

Being a private landlord is a nightmare. So given the latest headlines I am thinking of going down the route of providing Emergency Accommodation instead. Where do I even start? Surely it can’t be any more stressful than evictions, tenants doing a bunk, arrears etc and I know the Council I deal with have plenty on […]

My name is Balbine and I’m looking for a flat/house to live in with my daughter. I’ve been searching for a home for a year. now, and every time I’ve found nothing. I’ve even emailed estate agencies to see if they would take housing benefits and only 2 out of the 13 agencies that I […]

Paragon has launched a new range of Buy to Let purchase and remortgage products for portfolio and non-portfolio landlords, with rates discounted for two and five years starting at 2.65% at 75% loan to value (LTV) for individuals, limited companies and limited liability partnerships. All discounted products also feature a free valuation and no application […]

Tenants are being quizzed on the tax status of their landlords by HMRC.1 An HMRC fact finding letter goes on to suggest tenants may have to take tax off their own rental payments to ensure the correct tax is paid if their landlord is not resident in the UK and is not registered under the […]

The Shadow Chancellor, John McDonnell, appears to have dropped his proposals for giving tenants of private rental properties the ‘Right to Buy’ at a central government imposed discount termed as a ‘fair price’. McDonnell has told the FT he now thinks the policy would be unworkable and that it would not be included in the […]

I have had the misfortune to deal with rogue bathroom fitter, he asked for 50% deposit and when the time came to do the work he said he was hospitalised, then I found out 3 weeks he had actually found full time employment and did not have time to complete my job. He has stupid […]

For Landlords who don’t already know Nottingham Council has increased its licensing fee to a whopping £890 and tenants you really need to start standing up and shouting! There will be no houses left to rent soon. They are charging £890 per house and an inspection only costs £77 and out of 32,000 houses they […]

Nottingham landlord licensing scheme has so far managed to issue full licences to fewer than 3% of the applications received. In August 2018, Nottingham City Council introduced a Selective Licensing Scheme across many parts of the city as a key part of its efforts to address the quality and management of private rented housing. Figures […]

HOMELET’s Rental Index figures for October 2019 have been released. The headlines from this month’s report are: The average rent in the UK is now £953, up by 2.7% on the same time last year When London is excluded, the average rent in the UK is now £788, this is up by 2.6% on last […]

Shelter press release: The government has released new figures on the amount being spent by local councils on temporary accommodation for homeless households in England in 2018/19. They show: – Councils spent £1.1 billion on temporary accommodation for homeless households between April 2018 and March 2019. This has increased by 9% in the last year […]

New figures showing that landlords face a growing amount of time in getting judgement on repossession cases from the courts are boosting calls for the urgent need for dedicated housing courts to be established. Government statistics published today show that it now takes private landlords an average of 22.6 weeks from making a claim to […]

I have 3 flats in the West Midlands area which are managed for me under “full management” by “Shoddy Ltd”. I would like to appoint a new managing agent and hence would like to terminate Shoddy Ltd’s services. When I informed Shoddy Ltd, they advised me that they had changed their terms and conditions the […]

Aldermore Specialist Bank, has launched a new 5 year fixed remortgage product for individual and company landlords with single residential investment properties. The move is to help landlords looking for long-term stability when managing their portfolios. The product is now available: 75% loan-to-value (LTV), 5 year fixed initial rate 3.68%, with a product fee of […]