Labour plans to force landlords to sell homes to tenants for less than market rates would kill off the private rented sector, says the RLA. Shadow Chancellor John McDonnell has today proposed a new ‘Right-to-Buy’ scheme for private sector tenants to tackle what he describes as the “burgeoning buy-to-let market” and the problem of landlords […]

The Renting Homes (Fees etc) (Wales) Act came into force on 1 September and the NLA say confusion will reign. The Act was given royal assent in May of this year, giving the Welsh Government just under four months to see to its implementation. While the Act outlines the types of payments landlords and agents […]

The National Landlords Association (NLA) has slammed the Labour Party’s suggestion that private tenants could be given the chance to buy their homes at a discounted rate from their landlords. The NLA believes the proposal is yet another demonstration of Labour’s misunderstanding of the housing market. Chris Norris, Director of Policy and Practice at the […]

John McDonnell Labour Shadow Chancellor has given an interview to the Financial Times outlining a ‘tenants right to buy’ policy idea first muted by Jeremy Corbyn in 2015 stating it would be a “great and radical solution to the burgeoning buy-to-let market.” Labour want to redistribute wealth and raise living standards by forcing landlords to […]

For the avoidance of any doubt, let’s first be clear of what a “scheme” is. DOTAS (Disclosure of Tax Avoidance Schemes) is the acronym used for the procedure introduced by the UK government in 2004 aimed at minimizing tax avoidance. Tax avoidance in the UK, unlike tax evasion, is not illegal since it involves using […]

Last November the Alliance was formally launched. Around this time the NLA and RLA entered in to discussions to merge. On behalf of the Alliance, our steering committee and all our members nationwide I would like to offer our best wishes to the new NRLA . The new merged association will still only represent less […]

David Cox, of ARLA Propertymark, has written in the Daily Mail outlining a five point plan for the PRS that will encourage landlords to stay in the sector and give tenants a better deal. In the article he detailed the plans as a new manifesto to be considered by the government: 1. Tax incentives Tax […]

So, Boris Johnson is to suspend Parliament to enable him to set out his plans for Education, The Police, National Health Service, but he must not forget Housing. The only way to provide sufficient homes for the growing population is new build on an industrial scale. Within such plans must be provision for all types […]

Property118 has received multiple anonymous tip offs today that the National Landlords Association “NLA” and the Residential Landlords Association “RLA” will merge later this year. Having once said “I think hell is more likely to freeze over before that ever happens”, I will also be the first to admit that I will be delighted to […]

Property Investor Partnership is delighted to be offering 1 bed, build-complete apartments in the centre of Woking, Surrey – discounted by 10% off list prices. Spectrum House is an exciting development comprising of 41 apartments. Each high specification apartment has been interior designed, featuring high-gloss contemporary kitchens with integrated appliances and smartphone controlled underfloor heating. […]

Which political party has been best for tenants and landlords? Independent letting and sales agent, Benham and Reeves, has looked at which political party has had the most impact on the UK rental market and which way you might want to be voting depending on whether you’re a landlord or tenant. Benham and Reeves looked […]

I have an HMO situation that I may need some help and advice with. I applied to Barnet council for an HMO license which was granted. A few weeks later Barnet council Planning Dept have now written to me asking me questions. After doing some checking myself, I can see that six other flats in […]

The Ministry of Justice have released the 2019 Q2 report on mortgage and landlord possession claims. Landlord possession claims There has been an overall decrease in landlord possessions. Compared to the same quarter the previous year, landlord possession actions claims (26,695), orders for possession (21,384), warrants (13,685) and repossessions (7,428) have decreased by 9%, 6%, […]

Two new 10 year fixed rate Buy to Let mortgages from Leeds Building Society are now available to landlords. The new products launching on Friday 30 August, are: 2.49% 10 year Buy to Let up to 60% LTV 3.29% 10 year Buy to Let up to 70% LTV Both products have a £999 product fee […]

A lettings agency claiming to be a members’ club has been fined more than £40,000. Lifestyle Club LSC has fallen short of the tenant fees ban, the club sought to imply that its members are licensees rather than tenants. The club offered flexibility in terms of accommodation to its residents and asked for a joining […]

I have a bit of a quandary with one of my tenants. He has been with me for nearly 10 years across 2 houses. Never missed a rent payment and has improved and added value to both of the properties (I have always gone 50/50 with the cost on any improvements my tenants wish to […]

My friend agreed to early termination of the tenancy under the – following clause 11. In the event of a surrender of this Tenancy by agreement between the Landlord and the Tenant, the Tenant will pay the Landlord the sum of £250 towards the administrative costs generated thereby. The tenant is challenging the clause What […]

I was recently watching a documentary about Albert, Prince Consort, and his magnificent efforts to provide housing for the poor in the 18th Century. I also highlight the magnificent efforts of George Cadbury at Bournville and Joseph Rowntree in the North East of England. There were, of course, others who made commendable efforts. Since those […]

Salford City Council has launched its own letting agency, Salford Property Link, in an effort to encourage private landlords to help reduce the massive social housing waiting list. The new agency offers landlords different levels of service from advertising and tenant matching right through to full property management, guaranteed rent and a property repairs service. […]

The government will review 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. This plan is hoped to facilitate Boris Johnson’s priority to level up the whole country, closing the opportunity gap and helping millions of young […]

The latest survey of ARLA agents show a record number of rent increases for tenants in July with 63% of agents reported that landlords raised rents, This is up from an already record high of 55% in June, and over double the reported rent rises in the same month last year. ARLA have issued an […]